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Let It Ride is a variation of five-card stud, based on three player cards and two community cards.The two community cards are initially dealt face down. The most distinguishing feature of Let It Ride is that the player is given two opportunities to withdraw exactly one-third of their initial wager.
In statistics, this is called odds against. For instance, with a royal flush, there are 4 ways to draw one, and 2,598,956 ways to draw something else, so the odds against drawing a royal flush are 2,598,956 : 4, or 649,739 : 1. The formula for establishing the odds can also be stated as (1/p) - 1 : 1, where p is the aforementioned probability.
If the player has a pair of aces or better, they win, otherwise they lose. The dealer's hand is immaterial. The payout for a win can range from 1-1 for a pair of aces to 50-1 for four of a kind, the best possible hand. Various payout variations are possible, depending on the casino, resulting in a house edge ranging from 1.98% to 6.15%. [2]
The player may lay odds on a Don't Come bet, just like a Don't Pass bet; in this case, the dealer (not the player) places the odds bet on top of the bet in the box, because of limited space, slightly offset to signify that it is an odds bet and not part of the original Don't Come bet.
Calculating payouts: Sports books pay winners based on the odds set at the time of the wager. But the odds are often expressed in a, well, odd way: as a positive or negative three-digit number.
A quick rundown of how UK bookmakers’ odds work, as well as how to read them and how to use them when placing bets Sports betting odds explained: How they work and how to read them Skip to main ...
Another variation is "six card bonus", in which the players are given a payout based on the best five-card poker hand that can be made using any combination of the player's three cards and the dealer's three cards. Payoff ranges from 5 to 1 for three of a kind to 1000 to 1 for royal flush. Payoffs are paid regardless of whether any other bets pay.
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