Strategy and House Edge
Like blackjack and video poker, player decisions in Let It Ride affect the house edge. The strategy outlined below assumes the standard payout structure shown above. With correct strategy, the casino's edge in Let It Ride is about 3.5% of the final, non-withdrawable third of the initial wager.
The correct strategy for withdrawing parts of the wager depends in general on the exact payout table. The following strategy applies to the example table above:
After the player has seen only their own hand and no community cards, they should withdraw a third of their wager unless they have any of the following:
- A pair of 10's or better, or three of a kind.
- Any suited three cards that are all 10 or higher.
- Any suited three cards in a row, where the lowest card is three or above.
- Any three suited cards with a spread of four and with at least one card 10 or higher.
- Any three suited cards with a spread of five and with at least two cards 10 or higher.
After the player has seen a further community card, they should inspect the four cards which they can see, and withdraw a third of their initial wager unless it contains any of the following:
- A pair of 10's or better, two pairs, or three or four of a kind.
- Four suited cards.
- Four cards in a row whereof the lowest card is a three or higher.
- Four cards with a spread of five, whereof the lowest card is a 10.
Read more about this topic: Let It Ride (card Game)
Famous quotes containing the words strategy and, strategy, house and/or edge:
“Do you think that mere words are strategy and power for war?”
—Bible: Hebrew, 2 Kings 18:20.
“... the generation of the 20’s was truly secular in that it still knew its theology and its varieties of religious experience. We are post-secular, inventing new faiths, without any sense of organizing truths. The truths we accept are so multiple that honesty becomes little more than a strategy by which you manage your tendencies toward duplicity.”
—Ann Douglas (b. 1942)
“Semantically, taste is rich and confusing, its etymology as odd and interesting as that of “style.” But while style—deriving from the stylus or pointed rod which Roman scribes used to make marks on wax tablets—suggests activity, taste is more passive.... Etymologically, the word we use derives from the Old French, meaning touch or feel, a sense that is preserved in the current Italian word for a keyboard, tastiera.”
—Stephen Bayley, British historian, art critic. “Taste: The Story of an Idea,” Taste: The Secret Meaning of Things, Random House (1991)
“My Turn is the distilled bathwater of Mrs. Reagan’s life. It is for the most part sweetish, with a tart edge of rebuke, but disappointingly free of dirt or particulate matter of any kind.”
—Barbara Ehrenreich (b. 1941)