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Bob Dancer Column - 8 AUG 2017

#1

Bob Dancer Column - 8 AUG 2017

Dealing with Anguish

https://www.lasvegasadvisor.com/gambling-with-an-edge/dealing-with-anguish

or

<a href="https://www.lasvegasadvisor.com/gambling-with-an-edge/dealing-with-anguish">
https://www.lasvegasadvisor.com/gambling-with-an-edge/dealing-with-anguish</a>

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#2

4880 is the fair value or breakeven royal for 9 6 jacks. At that point it is correct from a maxEV per hand standpoint to draw to the royal over the high pair (3RF>HP) except for the weakest royal draws (AKTs,AQTs,AJTs). This is also the min-cost-royal strategy (check the FAQ) regardless of what the royal actually pays, though any pay-to-play incentives change things a bit. Most jacks royals only pay 4000 (some only pay 2500) and you have to factor in the hidden costs of hitting a royal, namely complicated tax considerations for one if the amount is over $1199 (see Tax Help for Gamblers for details), also tips, and the likelihood that your mailer is going to be reduced or eliminated for hitting that royal. Once you total things up you’re likely going to be far short of 4000, and as a result you should change your strategy, if you’re using maxEV per hand, in the opposite direction, namely: 4FL>3RF. Min-cost-royal strategy stays the same regardless of the actual royal payout but changes with pay-to-play incentives. If you’re not sure what your net-net after a royal is going to be, it might be safer to stick with min-cost-royal strategy for that reason alone. Min-cost-royal strategy always minimizes the cost of hitting a royal.