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snorkleboy13

What would the optimum Trips bet for UTH be and how would you calculate it? For example, if you play $25 ante / $25 blind and you want to include the trips bets, should you bet $25 or a different amount to account for different probabilities?
Thanks!!

Ibeatyouraces

The optimal bet is $0.00. But if your going to play it, I say table minimum.

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beachbumbabs
Administrator

The optimal bet is $0.00. But if your going to play it, I say table minimum.

I sort of agree. The trips bet is a lot of fun, so to me that has value. I try to help pay for it by keeping to table minimum, and playing at least 2x that amount on the ante. I'd prefer to play 3x, but my br won't support that at the moment, with properly aggressive betting averaging about $65/hand, not including the $5 trips. But unless you're running bonus hot, it's a steady drain on your funds, and most of your overall win usually comes from the main game.
A better strategy is probably to be extremely aggressive with the finer points of 4x, 2x, and kicker bets with those same dollars. Plenty of adrenaline rush in a 50.1% 4-bet.

If the House lost every hand, they wouldn't deal the game.

snorkleboy13

I feel good about my grasp of the strategy. I never hesitate to go 4X as long as it meets the strategy guidelines. I also follow 2X and 1X as well.
Perhaps it would be better to position my question more along the lines of bankroll management. Yes, I could avoid trips completely, but call me crazy, call me a wildman, call me the casino's best friend, but I like having the additional chance with each hand. So I started to think of it in terms of the question I asked - Is there a sweet spot bet that will give me an acceptable return when I hit, but also an acceptable loss when I don't. I'm not a big player, so I've been playing 25A / 25B / 10T as an example. So it takes 5 hands for the trips bet to equal 2 antes / blinds.
I'm not proficient in all of the calculations of odds, probabilities, risk of ruin etc. but common sense tells me that risk of ruin would go down, but to what degree.
One other thing, I think the bankroll size be 20X the combined ante/blind (no trips). Thoughts on that?
Please feel free to math the hell out of this and help me learn the calcs. And thank you.

Ibeatyouraces

What pay table does the casino you play at use for the trips bet?

snorkleboy13

What pay table does the casino you play at use for the trips bet?

Most are 50-40-30-8-7-4-3beachbumbabs
Administrator

Thanks for this post from:

Most are 50-40-30-8-7-4-3

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I'm seeing a lot of 6-5 lately (the rest the same). I like the one above better, though.

If the House lost every hand, they wouldn't deal the game.

Hunterhill

I'm seeing a lot of 6-5 lately (the rest the same). I like the one above better, though.

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The 6 5 is a better pay table than the 7 4.
All else being equal.

Don't teach an alligator how to swim.

Ibeatyouraces

Toledo has the lousy 6%+ pay table.

beachbumbabs
Administrator

The 6 5 is a better pay table than the 7 4.
All else being equal.

I think it's how I'm running. I get a lot of flushes lately. But the extra 5 on straights is nice on the other one, too.

If the House lost every hand, they wouldn't deal the game.

Brett Collson

It's been more than five years since the Ultimate Bet/Absolute Poker superuser scandal stunned the online poker world, and details are still emerging. On Friday, incriminating evidence released by a former employee implicated former Ultimate Bet owner Russ Hamilton and others in the theft of more than $50 million from its customers.

Travis Makar, Hamilton's former assistant, disclosed a three-hour audio tape of a 2008 meeting during which Hamilton admits to cheating and taking money from players. Hamilton has been the primary face of the scandal for years, and it appears as if he recorded the meeting to protect himself from being the only person tied to the cheating and cover-up.

Also present at the recorded gathering were Ultimate Bet founder and CEO Greg Pierson, and Ultimate Bet attorneys Daniel Friedberg and Sanford Millar. The men began the meeting by discussing the 'God Mode' software designed to view opponents' hole cards during real-money games. Hamilton admitted to stealing between $16 and $18 million from players using the program, saying, “I did take this money, and I’m not trying to make it right.'

Hamilton also named some of the players greatly affected by the scandal. Among the high-profile pros who had money stolen were Mike Matusow, Prahlad Friedman, Robert Williamson III, as well as actor and poker enthusiast Ben Affleck. In an interview with the Hardcore Poker Show in 2009, Matusow said Hamilton would call him to play heads-up on Ultimate Bet and proceeded to take more than $1 million from him over several sessions. Matusow recouped some of that money back from company, but the losses were most damaging to his mental and emotional health.

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Here are some of the audio highlights (or lowlights) of the meeting leaked by Makar on Friday:

_{The full version of the audio can be found here.}

Phil Hellmuth and Annie Duke, former endorsers and sponsored players for Ultimate Bet for many years, were also mentioned during the recording. While Hamilton and the others discussed keeping Hellmuth in the dark about the 'God Mode' program, Hamilton pointed out that Duke was aware of it and even used the software herself on a 15-minute delay.

PokerNews was unable to reach Duke for comment, but she

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