Let It Ride – A Poker Table Game Where You Can Take Your Bet(s) Back If You Don’t Like the Cards

Let it Ride is a popular poker variant table game that’s been around for more than 20 years. The game is still available at most major casinos.

What’s unique about it is that players are allowed to take back 2 of the 3 required bets if the dealt cards aren’t favorable to the player.

How to Play Let it Ride

There are six or seven seating areas. Each betting zone has three circles where three bets of equal amounts must be placed. Also included are additional betting areas where two optional bonus bets can be positioned. Note that a five-dollar minimum table would actually require a total wager of fifteen dollars per hand plus the bonus bets. The dealer will then pitch three cards, face down, to each player and also place two community cards face down in the center of the table.

To complete the five-card poker hand, players use the community cards. The objective of the game is to acquire a good poker hand by combining your three cards with the two community cards. The dealer does not play.

The player first reviews his or her three cards and must decide either to let the bets ride or ask for one back. A decision to let it ride will require the player to place the three cards face down under the first betting circle. When retrieving a bet, the player must gently scrape the cards on the felt inboard. The dealer will return one unit to the player.

The dealer then turns over the first community card. Players again have the option of taking back the second bet or letting it ride. After that round is completed the dealer reveals the last community card. All players must let the third wager ride.

All winning five card hands require at least a pair of ten’s or better. Payment is made according to a predetermined pay table. Winning amounts paid vary between casinos depending on jurisdiction.

Common Pay Table

Pair of 10’s or Better – 1 to 1

Two Pair – 2 to 1

Three of a Kind – 3 to 1

Straight – 5 to 1

Flush – 8 to 1

Full House – 11 to 1

Four of a Kind – 50 to 1

Straight Flush – 200 to 1

Royal Flush – 1,000 to 1

The house edge is about 3.5%.

Optional Bonus Bets

For $1 you can wager that the outcome of the final five card hand will range from three of a kind which pays $5 up to the Royal Flush that nets $25,000. This sounds inviting but gaming experts put the house edge for the following pay table over 13%:

Three of a Kind – $5.00

Straight – $25.00

Flush – $50.00

Full House – $200.00

Four of a Kind – $400.00

Straight Flush – $2,500.00

Royal Flush – $25,000.00

The 3 Card Bonus option is based on the value of a player’s initial three cards. The maximum amount players are allowed to wager varies between casinos. Here are the payouts:

Any Pair – 1 to 1

Flush – 3 to 1

Straight – 6 to 1

3 of a Kind – 30 – 1

Straight Flush – 40 to 1

Mini Royal (Suited Q, K, A) – 50 to 1

Some jurisdictions do not offer the Mini Royal.

The house edge is about 6% for this bet. Although this option can be tempting keep in mind that the chances of being dealt at least a pair on your first three cards are about one in four.

Correct Strategy for the First Bet

  • If you have any winning hand with a pair of 10’s or higher in your three cards, you should let it ride.
  • If you have three cards to a straight flush and one is a 10 or higher, let it ride.
  • Otherwise, pull back your bet.

Correct Strategy for the Second Bet

  • If you have any kind of winning hand with a pair of 10’s or higher, let it ride.
  • If you have four cards to a straight flush, let it ride.
  • If you have four cards to a flush, let it ride.
  • If you have four cards to an outside straight, and at least one of those cards is a 10 or higher, let it ride.
  • Otherwise, pull back your bet.

Good Luck with the game!

Gambling Poker Players – Bringing The Risk Factor To Light?

Poker being basically an American game has various ways to be followed to play. These days there is a huge variety of poker software games to play. In all the cases the user is engaged in the gamble played using the poker software.

The users who play poker mortgage their money in order to meet their needs. This becomes the reason for many people to invest money in this though they face a high risk of losing it.

In order to keep yourself from wasting all the money gambling, you should have certain limitations. As an initiative before initiating the game, a limitation should be established in such a way that the limitation is followed till the game comes to an end.

During the gambling match one must not drunk and then get set for the game or play when one feels exhausted. The above mentioned factors bring down your involvement in the gamble. Of course gambling match depends basically on the talent of dealing with the cards and not merely luck.

One must never forget that he is not supposed to lose the stuffs gained by gambling. If you have completed the game, you can just move out of the area. Do not stay for a long time even if you can. One may be put in a position to lose the gained money or even gain more money by gambling again.

One must know the general rules for challenging something in the gambling game before playing the gambling poker. If you are not aware of the rules of the game you may be put in a very bad situation, provided you play the game without any idea of gaining or losing your wealth.

There are various methods to go forward in a gambling poker. The methods may be easy or even difficult.

Positive progression betting system is generally used in the gambling poker. Use of this method to proceed with the game helps the player to increase the gains in gambling. The system of playing the game involves investing fewer amounts and can easily lead you to victory.

Negative progression systems also come under one of the methods of gambling poker. The gamblers can add more value to the challenge when the person stands a chance of losing or winning the bet. This system involves more investment but promises the probability of less victory than the previous method. Losing a gamble can be too disastrous.

Another method of playing is insurance betting method wherein a person can reduce the value of the bet when he wins. This victory can be preceded by a primary challenge.

You should be aware of the rules of the game so that one can understand the things that go on during the game.

Besides knowing the types of games, it is also required to know the fundamentals of gambling poker. Your knowledge about them helps you to restrict your gamble to your limitations.

The proper knowledge of the restrictions and the types of game, the various card permutations, the fundamentals of challenging is very important before playing the game. One must also know about the devices used there. One can enhance their knowledge of the game and enjoy it if one does the above mentioned particulars.

One must also remember that gambling pokers are not the right option for the people who are in a look out for a pleasurable work to do. The gambling poker can prove to be a task that inhibits more of tension than satisfaction.

Amarillo Slim commented that poker was a game of public. He also remarked that it was not the hand of cards that mattered but the people he was playing with.

Is Statistical Tournament Poker Gambling?

I’m a poker player, not a professional by any means, but not bad player either. This last month a new poker parlor opened in Portland, Oregon that got my interest. I had seen lots of tournament poker in bars around Portland but they didn’t appeal to me for a few reasons…

1. They were in a bar, which meant a smoke filled environment and I am not fond of cigarette smoke.

2. The nights of play varied, often it was like every Tuesday night but not every night, if I wanted to vary my nights of play I had to go to different locations.

3. There was no guarantee that I could play, if I made the trip to the bar and the seats at the tables were already assigned I was SOL, I made the trip for no reason, or I had to wait 2 hours for the next game to begin, which might already be all assigned.

4. There was an expectation to use the establishment, and I agree with this, if they host a poker game they should expect the participants to buy food, drink, and whatever else. But extra bar food is not always in my budget.

5. Because the game was free it was usually crowded and the seats taken up by regulars who usually did not use the establishment, they even had the audacity to bring food or drink from another location into the establishment where the game was being played.

So, needless to say I did not play in the bar tourneys much. In steps this new poker room, National Poker Challenge, opening a new location here in Portland in the Cedar Hills area. I had to check it out and I was pleasantly surprised. They had addressed all of the issues I had with bar tournaments.

1. The room was non-smoking, a smoking area had been set up outside for the players that had to have their addiction to get their fix.

2. There are games every day, several times a day. They open at 3:00pm and close around 10:00pm with their first game at 3:15pm and their last game currently around 8:30pm.

3. They have online sign-up available or you can call the room for a seat, if the game is full they can tell you the likelihood of you getting a seat as an alternate and if they don’t have enough players for a game they will call you and tell you so. They exercise an in-your-seat policy, at the time the game is supposed to start if you are not in-your-seat or at least called and told them that you are on your way, your seat is given to an alternate.

4. and 5. Because the location is devoted to the game and not a bar or restaurant itself there is no expectation to purchase anything from the establishment because poker is its business.

Their business model is similar to the bar tournaments in that you are not playing for cash but are playing for points and statistical analysis of your play. Rather then charging the bar owners for running the tournaments they charge the players directly and statistically track the players play. The players are charged a monthly subscription that pays for the facilities, the dealers, and the statistic tracking. They do offer invitational tournaments for the top players that have cash and prizes. There is no charge for the invitational tournament. So is this gambling?

According to the Oregon Department of Justice it is, because the players are paying a fee to play and there are prizes at the end. But what makes this different from other events? Is it the poker chips? Are poker players being discriminated against because they use a piece of clay to track their points during a game? Think about it, you can have a chess tournament with an entry fee, there are prizes at the end for the best players, but does the Department of Justice call that gambling?

You can have a marathon where the runners pay an entry fee and there are prizes at the end, and most of the runners don’t even have a chance of finishing first, but is this called gambling? But because poker players play a game that uses chips it is called gambling when the games they are paying for don’t even have prizes. So, again, is it gambling? In my humble opinion, No it is not gambling. You are playing a game of skill and having your skill tracked. My hope is that the Oregon DoJ is not successful in its discrimination of this location and drops their investigation.

I invite you to join us in the poker room and try your skill at the table, see how they track your statistics and see how it may improve your play. After all, their tag line is “Do you know who the best poker player is? We do!”

Caribbean Stud Poker: Walk Into Any Casino Worldwide or Online, and You’re at a Table

Caribbean Stud Poker is a very popular table game that has been seeing a lot of casino action for more than 30 years. It is found in nearly every casino that offers table play, and also online. If you know poker hand rankings, it is easy to learn and play.

How to Play

The game is played on a blackjack like table with six or seven seating areas. Each betting area contains three positions to make bets:

  1. A slot for the optional Progressive Jackpot bet
  2. An Ante bet box
  3. A bet (call) box

The objective is for the player to have a higher ranking hand than the dealer.

A standard 52 card deck is used. Before the cards are dealt, all players must make the ante bet. An optional progressive jackpot bet may also be made by inserting a one dollar chip or coin into the appropriate slot. The dealer will then deal five cards face down to each player, and four cards face down and one face up to his or herself.

After players review their hands, they must then make a decision to either call (make an additional wager), or fold, (forfeit the ante and optional jackpot bet). If the player calls, s/he must place an additional wager in the bet box, which must be twice the ante. After collecting the chips from the players that folded, the dealer will then turn over all the cards.

Dealer Qualifier

The dealer must have at least an Ace/King or higher to qualify for play. If the dealer does not qualify, All hands that called will win the ante bet at even money. The call bet becomes a push and will be returned to you.

If the dealer qualifies, the hand is compared to each player’s hand. If dealer beats player, the ante and call bets are lost to the house. If player beats dealer, He or she is paid even money for the ante wager.The call bet is paid according to a pay table depending on the strength of the poker hand as follows:

  • One Pair – pays even money
  • Two Pair – 2 to 1
  • Three of a Kind – 3 to 1
  • Straight – 4 to 1
  • Flush – 5 to 1
  • Full House – 7 to 1
  • Four of a Kind – 20 to 1
  • Straight Flush – 50 to 1
  • Royal Flush – 100 to 1

Payouts may vary between jurisdictions. Most casinos have a maximum table payout. Many are set at $5,000.

The Downside

A drawback for Caribbean Stud Poker is the dealer qualifying requirement. A player may have a very high paying poker hand but if the dealer does not qualify, the player will only win the ante bet at even money.

Progressive Jackpot

Provided the player placed $1.00 in the jackpot slot, the bonus pays to all qualified players that called. The dealer’s hand does not matter. Most progressive jackpots are at least $10,000. Here is one pay table

  • Flush – $50
  • Full House – $100
  • 4 of a Kind – $500
  • Straight Flush – 10% of jackpot amount
  • Royal Flush – 100% of Jackpot

If two or more players qualify for all or part of the jackpot in the same hand, they will share the jackpot.

Strategy

The following strategy when playing is recommended

  • Always call on a pair or higher
  • Always fold with less than Ace/King
  • Call with an Ace/King if you have a Queen and your fourth highest card is equal to or higher than the dealer’s up card

The house edge is about 5.3% when proper strategy is used.

The house edge for playing the progressive jackpot option is a whopping 26.5%!

Good Luck!