- Live Bet on Poker is played with one deck of 52 playing cards that are shuffled by a dealer. Once shuffled, the cards are placed into a dealing shoe. An unlimited number of players can play and bet on this game. The bets from each betting round are ring-fenced, which means that past bets have no impact on the ability to make future bets.
- The key characteristic of Live Bet on Poker is the fact that the players are facing the casino and not each other. The dealer is the opponent of all the participants, and the objective is to compose the highest 5-card poker combination which beats the dealer's hand.
Live Bet on Poker is a variant of the popular card game Texas Hold'Em. If you've ever watched a televised broadcast of Texas Hold'em poker and found yourself guessing which hands will wind up the winner, live dealer Bet on Poker is right up your alley.
Benefits of playing Live Bet on Poker online:
- You are playing against the dealer and not other players
- The game is easier than playing Texas Hold'Em
- You can win by betting on any hand you want
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The goal of this page is to provide players with helpful information about Live Bet on Poker. You will find a detailed rundown of the game's rules and procedures, including a step-by-step guide on how to play with an example to help present the game more clearly. Last but not least, you will find a basic poker strategy section to help you make only the best bets at all times.
Live Bet on Poker
What You Need to Know
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Bet Online Poker Down
How to Play Live Bet on Poker
Live Bet on Poker is played a bit differently, but the same basic construct has been transported from Texas Hold'em.
As the player, you'll be connected to a live dealer via live streaming technology, and that dealer will be operating a standard table game layout.
Six 'player' positions will be outlined across from the dealer, and each of these positions will be dealt two cards before the five-card community board is dealt out according to the flop/turn/ river structure described above.
What makes Live Dealer Bet on Poker such a unique product is the multifaceted betting system and variable odds used throughout each hand. Below you will find a step-by-step guide on how to play Live Bet on poker.
Players Make Their Pre-Deal Bet
Before the six two-card hands are dealt out, you can wager on which position on the table will wind up the winner. You can bet on which type of hand will wind up being the winner. Before the two-card starting hands are dealt out to each of the six player positions, you'll have the option to make one of two bets: Position or High Hand.
Betting on Position: Select one of the six spots on the table and hope they wind up with the winning hand. For the Position bets – which are clearly chance-based wagers akin to guessing game roulette – you'll be given odds of 5.2 to 1 on your money.
Betting on High Hand: Choosing one of the 10 poker hand types listed above. Obviously, the likelihood of each poker hand actually appearing, and then winning the game, will vary based on the probabilities, so the odds are adjusted accordingly.
During this initial betting round (which is known as 'pre-deal'), you can also choose to place no bets at all and simply wait for the second betting round to take place.
The Pre-Flop Betting Round Takes Place
The two-card starting hands are dealt out and the second betting round (known as 'preflop') takes place. Take a look at the Texas Hold'em starting hands dealt with each position, a new round of betting takes place in which odds are assigned to each hand based on its relative strength.
At this point, the game will calculate the odds that each of the six two-card starting hands will wind up as the winner. These odds are based on standard Texas Hold'em odds calculators.
Based on the posted odds and the relative strength of each two-card starting hand, you can now decide to back one of the positions in the preflop betting round.
The Flop and Turn Cards are Revealed
From here, the game runs through the following process a second time, dealing out the three card community flop and updating the win percentages/payout odds accordingly. After seeing the flop, players can place further wagers or simply stand pat; getting a chance to bet on the winner based on the updated odds.
The next community card, the turn, follows the same structure. After the turn is dealt, the payout odds will be adjusted once more, and players can place a final wager on which hand will be the winner.
The River Card is Revealed and the Winners are Paid
After the turn card betting round is completed, the dealer will reveal the river card to complete the community board and end the hand. The best five card poker hand out of the six positions is declared the winner. All bets on that position made during the course of the hand are paid out at the odds posted when the bet was made.
In the case of a tie – when two or more positions form the exact same hand type and rank (ace high flush, two pairs of Js and Qs with a K kicker, etc.) – bets on any of the tied positions will be paid out as winners.
Additionally, all High Hand bets made on the type of hand that wins the game are also paid out at the appropriate odds.
Best Online Casinos to Play Live Bet on Poker
As BetGames.tv company is still a niche provider within the world of live dealer online casino games, Live Bet on Poker has yet to be adopted by the industry's major players.
The company was able to secure a licensing deal with another live dealer software provider, BetConstruct, to help grow Betgames Bet on Poker's presence.
Can US Online Players Play Live Bet On Poker?
Unfortunately, we have not found US-friendly online casinos that offer Live Bet on Poker at this moment. You can play similar poker game variants like Pai Gow Poker and Caribbean Stud Poker at the following top-rated live dealer online casinos.
Bet on Poker Live Casinos You Can Play At
As of today, however, the list of online casino venues which carry the game is still quite limited. Based on an extensive search for any mention of Live Bet on Poker, the following online casino platforms should be your best bet for locating the game:
- Bet In Live Casino
- Crystal Poker Live Casino
- Europe Bet Live Casino
- Iconic Bet Live Casino
- Irish Eyes Bet Live Casino
- JetBull Live Casino
- Live Bet Live Casino
- Slots 24 Live Casino
- Vbet Live Casino
- Yachting Live Casino
Unfortunately, as these brands are relatively obscure and lack a longstanding history, we cannot vouch for their reputation or their integrity. Before signing up or depositing at any of the online casinos listed above, do your due diligence and research the site thoroughly before proceeding.
Seek out player-generated reviews above all, as your peers within the online gambling community will be the first to report unsavory behavior or unscrupulous practices.
Live Bet on Poker Rules
The gameplay rules found in Live Dealer Bet on Poker come straight from the classic poker variant known as Texas Hold'em. Keep reading to learn how to play this real money game.
In this game, players begin with a two-card starting hand (the 'hole' cards), before calling (or raising) a blind Ante bet in order to see the 'flop' – or three community cards. A player's hole cards can then be combined with the community cards to form a five-card poker hand.
Another betting round occurs, followed by the 'turn' – or the fourth community card. This process repeats and the 'river' is dealt – or the fifth and final community card. Whoever can form the best poker hands out of those seven cards (two hole cards and five community cards) wins the accumulated pot.
Available Poker Hands
Before moving on, readers who haven't filled a full house or faded a flush draw in a long while can review the traditional poker hand hierarchy below:
HAND | DESCRIPTION |
---|---|
Royal Flush | Broadway straight (A K Q J 10) in the same suit |
Straight Flush | Five consecutive cards (9 8 7 6 5) in the same suit |
Four of a Kind | Four of the same card (Q Q Q Q A) |
Full House | Three of a kind + one pair (Q Q Q A A) |
Flush | Five cards in the same suit (2h 6h 9h Kh Ah) |
Straight | Five consecutive cards (6 5 4 3 2) |
Three of a Kind | Three of the same card (Q Q Q 2 A) |
Two Pair | Two pairs of the same card (Q Q A A 2) |
One Pair | One pair of the same card (Q Q 4 3 2) |
High Card | No pair, highest card is rank of hand (A K 4 3 2) |
The paytable used to settle High Hand bets can be reviewed below, ranked in order of poker hand strength:
HAND | PAYS |
---|---|
Royal Flush | 100 to 1 |
Straight Flush | 100 to 1 |
Four of a Kind | 80 to 1 |
Full House | 8.7 to 1 |
Flush | 8.7 to 1 |
HAND | PAYS |
---|---|
Straight | 5.7 to 1 |
Three of a Kind | 6.8 to 1 |
Two Pair | 3.1 to 1 |
Pair | 5.8 to 1 |
High Card | 100 to 1 |
As you can see, wagering on the two most powerful hands in Texas Hold'em to win (royal flush and straight flush) offers 100 to 1 odds, as does taking just a high card to emerge as the winner.
Example of Live Bet on Poker Hand
Let's run through a quick example so that you know exactly how a round of Live Dealer Bet on Poker works.
So, let's imagine that we've wagered $5 on Position #1, and $5 more on a flush to be the eventual High Hand winner.
The dealer has dealt the poker cards and each player position holds these hands, as well as the percent that each hand could win:
POSITION | HOLE CARDS | WIN PERCENT |
---|---|---|
#1 | Ah – Kh | 27.91% |
#2 | 2s – 7c | 9.24% |
#3 | 10d – 9d | 28.16% |
#4 | Jc – 4s | 11.13% |
#5 | 3s – 5s | 15.27% |
#6 | Ac – 8s | 7.44% |
Along with these true win percentages, Live Bet on Poker will assign its own payout odds to each position. These payout odds will be slightly worse than true odds, so something like the Ah Kh we've made our Position bet on, which holds roughly a one-quarter shot of winning, would be assigned payout odds of 4.8 to 1 (or thereabouts).
Backing a Hand
At this point in the hand, the choice to bet or not is all up to you (and as you'll see in the strategy section, you may not be betting the latter rounds very much, if at all). But for the sake of the running example hand, we'll 'hedge' our pending bet on Position #1 by backing the only other hand with a better percentage of winding up the winner: Position #3 and the 10d 9d.
We'll say this bet has a current payout of odds of 3 to 1 to keep the math clear, and bet $5 more on Position #3.
The flop has come 10h 9h 2h, giving our Ah Kh hand for Position #1 a flush. None of the other positions have seen their hands improve at all, except Position #3, which made top two pairs with the 10d 9d.
The odds would be updated to reflect the flop's influence, and we could place another wager, but this time we'll slow down and stand pat.
The turn card is an As to change nothing, and we decline to bet for the second time.
The River and Getting Paid
The river card is a 3h and the final board reads 10h 9h 2h As 3h. The final poker hands for each position are as follows:
POSITION | HOLE CARDS | RESULTING HAND | RANK |
---|---|---|---|
#1 | Ah – Kh | Ah Kh 10h 9h 3h | Flush |
#2 | 2s – 7c | 2s 2h As 10h 9h | One Pair |
#3 | 10d – 9d | 10d 10h 9d 0h As | Two Pair |
#4 | Jc – 4s | As Jc 10h 9h 4s | High Card |
#5 | 3s – 5s | 3s 3h As 10h 9h | One Pair |
#6 | Ac – 8s | Ac As 10h 9h 8s | One Pair |
The best hand out of the six is Position #1 with the flush. Thus, our initial Position bet for $5 is a winner at 5.2 to 1 odds, so we collect a profit of $26.
We also bet on the flush hand type to be the High Hand, and that $5 wager wins at 8.7 to 1 odds, adding $43.50 to our total profits.
Finally, we did bet $5 more on Position #3 as a hedge bet, but despite flopping two pairs, the 10d 9d finished as the second-best hand. Meaning we've lost that $5 to the house.
Betgames Bet On Poker
Live Bet on Poker was designed by BetGames.tv, a relatively new company founded in 2012 which describes itself as:
'a developer and supplier of interactive (LIVE), simple and adrenaline packed gaming products for betting business.'
With its Live Bet on Poker concept, BetGames.tv has taken the drama of a Texas Hold'em hand – in which two-card starting hands improve after combining with five community cards to form a final five-card poker hand – and combined it with a baccarat table game dynamic. But rather than betting on one of two hands, as in Baccarat, the Live Bet on Poker construct allows players to wager on one or more of six individual Texas Hold'em hands.
Presented through the popular live dealer format, in which players are connected directly to a real gaming table staffed by a real dealer, Live Bet on Poker offers the best of both worlds: skill-based betting based on your 'card sense' (community card information) and a chance-based guessing game.
The concept behind Live Bet on Poker is quite unique, and with millions of online casino fans around the world already familiar with Texas Hold'em, the game has caught on with a wider audience over the last few years. This is just one more example of how popular live dealer casino games are becoming, giving players the experience of enjoying their favorite games with an actual live person.
Betgames Bet on Poker Live Strategy
The result of any single Texas Hold'em hand will be dependent entirely on luck, so even if you spot pocket aces (the best preflop hand in the game) as one of the six starting hands, the 'pocket rockets' won't be anywhere close to a lock. This is because you'll always have five other hands to 'fade,' or beat, and none of the hands will ever fold out.
This multi-handed element, with six starting hands playing all the way through to the river on each deal, makes the usual poker prognostication much more difficult. In Live Bet On Poker, all six hands will remain live for the duration of the deal, so even the strongest holdings will only have a roughly 1 in 6 chance of winding up as the winner.
Best Bet Poker Live Stream
Best Strategy Still Being Created
As a relatively new addition to the online casino gambling landscape, this variant of live dealer poker online has yet to be fully analyzed by crack casino game experts. Thus, a full-fledged optimal strategy for the game doesn't exist.
However, as would be expected, the best in the business did take a shot at coming up with general guidelines for the game's strategy. According to Michael Shackleford, the renowned casino game theorist who runs the Wizard of Odds website, the best way to break the Live Bet on Poker strategy is by looking at the house edge rate offered at each of the game's four betting stages (pre-deal, preflop, flop, turn).
You can parse through all of Shackleford's calculations for the game, but his advice can be boiled down to a simple set of rules.
After selecting six random Texas Hold'em starting hands and running through a mock hand, Shackleford calculated the average house edge offered at each betting stage. According to the Wizard's math, the average house edge you'll be facing during each of the four betting rounds breaks down as follows:
BETTING ROUND | HOUSE EDGE |
---|---|
Pre-Deal | 4.28% |
Pre-Flop | 9.42% |
Flop | 10.12% |
Turn & River | 10.53% |
As you can see, these numbers run counter to what one would assume about this game's internal structure. Generally speaking, in gambling games which reveal information to players one step at a time, you'll face the most favorable odds with the maximum amount of information to consider.
However, in Live Bet on Poker, the role played by adjustable odds reduces the payouts for the strongest hands, thus leveling the proverbial playing field. As a hand progresses, and you gain access to the information provided by your hole cards, the flop, and the turn, you actually face significantly worse odds – despite having a much better idea of which hand will win.
Make Your Bets During the Pre-Deal Round
Clearly then, the best strategy to employ while playing Live Bet on Poker is simply to bet on the pre-deal stage of the game, picking either a position on the table or a specific type of hand to become the winner. By doing so, you'll face a relatively reasonable house edge of 4.28%, which is on par with many hybrid table games which are widely played today.
When you continue to wager after seeing the hole cards, the flop, or the turn, the house edge against you immediately climbs by more than double – reaching double digits on the flop and turn in fact. House edge rates such as this are typically found only on the 'sucker bets' or 'carnival' games favored by casino managers, such as keno or the Big Six wheel.
If you do choose to confine your betting to only the pre-deal options, take a look below to review the house edge rates offered by each of the High Hand bets – or bets on which type of poker hand will wind up winning:
HAND | PAYS | HOUSE EDGE |
---|---|---|
Royal Flush | 100 to 1 | 98.14% |
Straight Flush | 100 to 1 | 84.36% |
Four of a Kind | 80 to 1 | 29.01% |
Full House | 8.7 to 1 | 4.97% |
Flush | 8.7 to 1 | 5.89% |
Straight | 5.7 to 1 | 5.43% |
Three of a Kind | 6.8 to 1 | 5.42% |
Two Pair | 3.1 to 1 | 5.42% |
Pair | 5.8 to 1 | 6.52% |
High Card | 100 to 1 | 94.72% |
We've bolded the lowest house edge rate to identify the most player-friendly High Hand bet you can make, which is on the full house. At just under 5 percent house edge, the full house offers reasonable odds – at least when it comes to side bets – along with the flush, straight, three of a kind, and two pair bets, which are all under 6 percent.
Optimum Strategy for Live Bet on Poker
Take a look at the house edge you'll be up against when betting on the royal flush, straight flush, or high card bets. For the royal flush, you'll be facing a 98.14% house edge, which is, according to Shackleford's expertise, the very worst casino game bet ever offered. Both the straight flush and high card bets come in similarly obscene rates, at 84.36 and 94.72, respectively.
This means that for every $100 you wager over the long run on one of these three High Hand longshots, you can expect to lose between $84.36 and $98.14.
Bet Online Poker Down
How to Play Live Bet on Poker
Live Bet on Poker is played a bit differently, but the same basic construct has been transported from Texas Hold'em.
As the player, you'll be connected to a live dealer via live streaming technology, and that dealer will be operating a standard table game layout.
Six 'player' positions will be outlined across from the dealer, and each of these positions will be dealt two cards before the five-card community board is dealt out according to the flop/turn/ river structure described above.
What makes Live Dealer Bet on Poker such a unique product is the multifaceted betting system and variable odds used throughout each hand. Below you will find a step-by-step guide on how to play Live Bet on poker.
Players Make Their Pre-Deal Bet
Before the six two-card hands are dealt out, you can wager on which position on the table will wind up the winner. You can bet on which type of hand will wind up being the winner. Before the two-card starting hands are dealt out to each of the six player positions, you'll have the option to make one of two bets: Position or High Hand.
Betting on Position: Select one of the six spots on the table and hope they wind up with the winning hand. For the Position bets – which are clearly chance-based wagers akin to guessing game roulette – you'll be given odds of 5.2 to 1 on your money.
Betting on High Hand: Choosing one of the 10 poker hand types listed above. Obviously, the likelihood of each poker hand actually appearing, and then winning the game, will vary based on the probabilities, so the odds are adjusted accordingly.
During this initial betting round (which is known as 'pre-deal'), you can also choose to place no bets at all and simply wait for the second betting round to take place.
The Pre-Flop Betting Round Takes Place
The two-card starting hands are dealt out and the second betting round (known as 'preflop') takes place. Take a look at the Texas Hold'em starting hands dealt with each position, a new round of betting takes place in which odds are assigned to each hand based on its relative strength.
At this point, the game will calculate the odds that each of the six two-card starting hands will wind up as the winner. These odds are based on standard Texas Hold'em odds calculators.
Based on the posted odds and the relative strength of each two-card starting hand, you can now decide to back one of the positions in the preflop betting round.
The Flop and Turn Cards are Revealed
From here, the game runs through the following process a second time, dealing out the three card community flop and updating the win percentages/payout odds accordingly. After seeing the flop, players can place further wagers or simply stand pat; getting a chance to bet on the winner based on the updated odds.
The next community card, the turn, follows the same structure. After the turn is dealt, the payout odds will be adjusted once more, and players can place a final wager on which hand will be the winner.
The River Card is Revealed and the Winners are Paid
After the turn card betting round is completed, the dealer will reveal the river card to complete the community board and end the hand. The best five card poker hand out of the six positions is declared the winner. All bets on that position made during the course of the hand are paid out at the odds posted when the bet was made.
In the case of a tie – when two or more positions form the exact same hand type and rank (ace high flush, two pairs of Js and Qs with a K kicker, etc.) – bets on any of the tied positions will be paid out as winners.
Additionally, all High Hand bets made on the type of hand that wins the game are also paid out at the appropriate odds.
Best Online Casinos to Play Live Bet on Poker
As BetGames.tv company is still a niche provider within the world of live dealer online casino games, Live Bet on Poker has yet to be adopted by the industry's major players.
The company was able to secure a licensing deal with another live dealer software provider, BetConstruct, to help grow Betgames Bet on Poker's presence.
Can US Online Players Play Live Bet On Poker?
Unfortunately, we have not found US-friendly online casinos that offer Live Bet on Poker at this moment. You can play similar poker game variants like Pai Gow Poker and Caribbean Stud Poker at the following top-rated live dealer online casinos.
Bet on Poker Live Casinos You Can Play At
As of today, however, the list of online casino venues which carry the game is still quite limited. Based on an extensive search for any mention of Live Bet on Poker, the following online casino platforms should be your best bet for locating the game:
- Bet In Live Casino
- Crystal Poker Live Casino
- Europe Bet Live Casino
- Iconic Bet Live Casino
- Irish Eyes Bet Live Casino
- JetBull Live Casino
- Live Bet Live Casino
- Slots 24 Live Casino
- Vbet Live Casino
- Yachting Live Casino
Unfortunately, as these brands are relatively obscure and lack a longstanding history, we cannot vouch for their reputation or their integrity. Before signing up or depositing at any of the online casinos listed above, do your due diligence and research the site thoroughly before proceeding.
Seek out player-generated reviews above all, as your peers within the online gambling community will be the first to report unsavory behavior or unscrupulous practices.
Live Bet on Poker Rules
The gameplay rules found in Live Dealer Bet on Poker come straight from the classic poker variant known as Texas Hold'em. Keep reading to learn how to play this real money game.
In this game, players begin with a two-card starting hand (the 'hole' cards), before calling (or raising) a blind Ante bet in order to see the 'flop' – or three community cards. A player's hole cards can then be combined with the community cards to form a five-card poker hand.
Another betting round occurs, followed by the 'turn' – or the fourth community card. This process repeats and the 'river' is dealt – or the fifth and final community card. Whoever can form the best poker hands out of those seven cards (two hole cards and five community cards) wins the accumulated pot.
Available Poker Hands
Before moving on, readers who haven't filled a full house or faded a flush draw in a long while can review the traditional poker hand hierarchy below:
HAND | DESCRIPTION |
---|---|
Royal Flush | Broadway straight (A K Q J 10) in the same suit |
Straight Flush | Five consecutive cards (9 8 7 6 5) in the same suit |
Four of a Kind | Four of the same card (Q Q Q Q A) |
Full House | Three of a kind + one pair (Q Q Q A A) |
Flush | Five cards in the same suit (2h 6h 9h Kh Ah) |
Straight | Five consecutive cards (6 5 4 3 2) |
Three of a Kind | Three of the same card (Q Q Q 2 A) |
Two Pair | Two pairs of the same card (Q Q A A 2) |
One Pair | One pair of the same card (Q Q 4 3 2) |
High Card | No pair, highest card is rank of hand (A K 4 3 2) |
The paytable used to settle High Hand bets can be reviewed below, ranked in order of poker hand strength:
HAND | PAYS |
---|---|
Royal Flush | 100 to 1 |
Straight Flush | 100 to 1 |
Four of a Kind | 80 to 1 |
Full House | 8.7 to 1 |
Flush | 8.7 to 1 |
HAND | PAYS |
---|---|
Straight | 5.7 to 1 |
Three of a Kind | 6.8 to 1 |
Two Pair | 3.1 to 1 |
Pair | 5.8 to 1 |
High Card | 100 to 1 |
As you can see, wagering on the two most powerful hands in Texas Hold'em to win (royal flush and straight flush) offers 100 to 1 odds, as does taking just a high card to emerge as the winner.
Example of Live Bet on Poker Hand
Let's run through a quick example so that you know exactly how a round of Live Dealer Bet on Poker works.
So, let's imagine that we've wagered $5 on Position #1, and $5 more on a flush to be the eventual High Hand winner.
The dealer has dealt the poker cards and each player position holds these hands, as well as the percent that each hand could win:
POSITION | HOLE CARDS | WIN PERCENT |
---|---|---|
#1 | Ah – Kh | 27.91% |
#2 | 2s – 7c | 9.24% |
#3 | 10d – 9d | 28.16% |
#4 | Jc – 4s | 11.13% |
#5 | 3s – 5s | 15.27% |
#6 | Ac – 8s | 7.44% |
Along with these true win percentages, Live Bet on Poker will assign its own payout odds to each position. These payout odds will be slightly worse than true odds, so something like the Ah Kh we've made our Position bet on, which holds roughly a one-quarter shot of winning, would be assigned payout odds of 4.8 to 1 (or thereabouts).
Backing a Hand
At this point in the hand, the choice to bet or not is all up to you (and as you'll see in the strategy section, you may not be betting the latter rounds very much, if at all). But for the sake of the running example hand, we'll 'hedge' our pending bet on Position #1 by backing the only other hand with a better percentage of winding up the winner: Position #3 and the 10d 9d.
We'll say this bet has a current payout of odds of 3 to 1 to keep the math clear, and bet $5 more on Position #3.
The flop has come 10h 9h 2h, giving our Ah Kh hand for Position #1 a flush. None of the other positions have seen their hands improve at all, except Position #3, which made top two pairs with the 10d 9d.
The odds would be updated to reflect the flop's influence, and we could place another wager, but this time we'll slow down and stand pat.
The turn card is an As to change nothing, and we decline to bet for the second time.
The River and Getting Paid
The river card is a 3h and the final board reads 10h 9h 2h As 3h. The final poker hands for each position are as follows:
POSITION | HOLE CARDS | RESULTING HAND | RANK |
---|---|---|---|
#1 | Ah – Kh | Ah Kh 10h 9h 3h | Flush |
#2 | 2s – 7c | 2s 2h As 10h 9h | One Pair |
#3 | 10d – 9d | 10d 10h 9d 0h As | Two Pair |
#4 | Jc – 4s | As Jc 10h 9h 4s | High Card |
#5 | 3s – 5s | 3s 3h As 10h 9h | One Pair |
#6 | Ac – 8s | Ac As 10h 9h 8s | One Pair |
The best hand out of the six is Position #1 with the flush. Thus, our initial Position bet for $5 is a winner at 5.2 to 1 odds, so we collect a profit of $26.
We also bet on the flush hand type to be the High Hand, and that $5 wager wins at 8.7 to 1 odds, adding $43.50 to our total profits.
Finally, we did bet $5 more on Position #3 as a hedge bet, but despite flopping two pairs, the 10d 9d finished as the second-best hand. Meaning we've lost that $5 to the house.
Betgames Bet On Poker
Live Bet on Poker was designed by BetGames.tv, a relatively new company founded in 2012 which describes itself as:
'a developer and supplier of interactive (LIVE), simple and adrenaline packed gaming products for betting business.'
With its Live Bet on Poker concept, BetGames.tv has taken the drama of a Texas Hold'em hand – in which two-card starting hands improve after combining with five community cards to form a final five-card poker hand – and combined it with a baccarat table game dynamic. But rather than betting on one of two hands, as in Baccarat, the Live Bet on Poker construct allows players to wager on one or more of six individual Texas Hold'em hands.
Presented through the popular live dealer format, in which players are connected directly to a real gaming table staffed by a real dealer, Live Bet on Poker offers the best of both worlds: skill-based betting based on your 'card sense' (community card information) and a chance-based guessing game.
The concept behind Live Bet on Poker is quite unique, and with millions of online casino fans around the world already familiar with Texas Hold'em, the game has caught on with a wider audience over the last few years. This is just one more example of how popular live dealer casino games are becoming, giving players the experience of enjoying their favorite games with an actual live person.
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The result of any single Texas Hold'em hand will be dependent entirely on luck, so even if you spot pocket aces (the best preflop hand in the game) as one of the six starting hands, the 'pocket rockets' won't be anywhere close to a lock. This is because you'll always have five other hands to 'fade,' or beat, and none of the hands will ever fold out.
This multi-handed element, with six starting hands playing all the way through to the river on each deal, makes the usual poker prognostication much more difficult. In Live Bet On Poker, all six hands will remain live for the duration of the deal, so even the strongest holdings will only have a roughly 1 in 6 chance of winding up as the winner.
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Best Strategy Still Being Created
As a relatively new addition to the online casino gambling landscape, this variant of live dealer poker online has yet to be fully analyzed by crack casino game experts. Thus, a full-fledged optimal strategy for the game doesn't exist.
However, as would be expected, the best in the business did take a shot at coming up with general guidelines for the game's strategy. According to Michael Shackleford, the renowned casino game theorist who runs the Wizard of Odds website, the best way to break the Live Bet on Poker strategy is by looking at the house edge rate offered at each of the game's four betting stages (pre-deal, preflop, flop, turn).
You can parse through all of Shackleford's calculations for the game, but his advice can be boiled down to a simple set of rules.
After selecting six random Texas Hold'em starting hands and running through a mock hand, Shackleford calculated the average house edge offered at each betting stage. According to the Wizard's math, the average house edge you'll be facing during each of the four betting rounds breaks down as follows:
BETTING ROUND | HOUSE EDGE |
---|---|
Pre-Deal | 4.28% |
Pre-Flop | 9.42% |
Flop | 10.12% |
Turn & River | 10.53% |
As you can see, these numbers run counter to what one would assume about this game's internal structure. Generally speaking, in gambling games which reveal information to players one step at a time, you'll face the most favorable odds with the maximum amount of information to consider.
However, in Live Bet on Poker, the role played by adjustable odds reduces the payouts for the strongest hands, thus leveling the proverbial playing field. As a hand progresses, and you gain access to the information provided by your hole cards, the flop, and the turn, you actually face significantly worse odds – despite having a much better idea of which hand will win.
Make Your Bets During the Pre-Deal Round
Clearly then, the best strategy to employ while playing Live Bet on Poker is simply to bet on the pre-deal stage of the game, picking either a position on the table or a specific type of hand to become the winner. By doing so, you'll face a relatively reasonable house edge of 4.28%, which is on par with many hybrid table games which are widely played today.
When you continue to wager after seeing the hole cards, the flop, or the turn, the house edge against you immediately climbs by more than double – reaching double digits on the flop and turn in fact. House edge rates such as this are typically found only on the 'sucker bets' or 'carnival' games favored by casino managers, such as keno or the Big Six wheel.
If you do choose to confine your betting to only the pre-deal options, take a look below to review the house edge rates offered by each of the High Hand bets – or bets on which type of poker hand will wind up winning:
HAND | PAYS | HOUSE EDGE |
---|---|---|
Royal Flush | 100 to 1 | 98.14% |
Straight Flush | 100 to 1 | 84.36% |
Four of a Kind | 80 to 1 | 29.01% |
Full House | 8.7 to 1 | 4.97% |
Flush | 8.7 to 1 | 5.89% |
Straight | 5.7 to 1 | 5.43% |
Three of a Kind | 6.8 to 1 | 5.42% |
Two Pair | 3.1 to 1 | 5.42% |
Pair | 5.8 to 1 | 6.52% |
High Card | 100 to 1 | 94.72% |
We've bolded the lowest house edge rate to identify the most player-friendly High Hand bet you can make, which is on the full house. At just under 5 percent house edge, the full house offers reasonable odds – at least when it comes to side bets – along with the flush, straight, three of a kind, and two pair bets, which are all under 6 percent.
Optimum Strategy for Live Bet on Poker
Take a look at the house edge you'll be up against when betting on the royal flush, straight flush, or high card bets. For the royal flush, you'll be facing a 98.14% house edge, which is, according to Shackleford's expertise, the very worst casino game bet ever offered. Both the straight flush and high card bets come in similarly obscene rates, at 84.36 and 94.72, respectively.
This means that for every $100 you wager over the long run on one of these three High Hand longshots, you can expect to lose between $84.36 and $98.14.
Combining all of this data leaves us with one conclusion: the optimal strategy for Live Bet on Poker involves only betting on the pre-deal round, and limiting those bets to the full house hand type.
Live Bet on Poker FAQ
Live Bet on Poker was designed by BetGames.tv. The game is a combination between Texas Hold'em and baccarat. The added value is that it can be played at live dealer casinos.
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In this game, you're playing against the dealer and not the other players. Six 'player' positions will be outlined across from the dealer, and each of these positions will be dealt two cards before the five-card community board is dealt out according to the flop/turn/ river structure. You have a lot of opportunities to bet on which hand you think will win after each card is dealt. Players can choose whether or not to bet on each betting round.
The best strategy to win at Live Bet on Poker involves only betting on the pre-deal round and limiting those bets to the full house hand type.
Currently there's not a lot of online casinos that offer this game. The most recommended site to play Live Bet on Poker is TonyBet Live Casino.
Bet sizing is especially important in live poker because you'll have an excellent opportunity to exploit players who aren't
very good. If you might have gotten a half pot sized bet out of
a good player on the internet, there's a legitimate chance that
you could squeeze a three quarters pot sized bet out of a bad
player in live poker.
Picking your spots is the name of the game
when it comes to bet sizing. You need to know why you are
betting and who you are betting against. If you know both of
these things, you'll have a much easier time making the most
money from your big hands and losing the least with your weaker
hands.
Bet sizing isn't applicable only to pre-flop or flop play;
it's used throughout the entirety of a hand. While it's
certainly true that bet sizing will be relevant for the duration
of a hand, how you size your bets will often times change from
street to street. You might open raise pre-flop to 5x the blind,
but you aren't going to be using this same metric when you bet
the turn or river. Adjusting based on the dynamics of any given
hand is absolutely crucial. You might bet a set for a certain
amount on one board and another amount on another board. As
mentioned previously, knowing why you are betting and who you
are betting against is the most important thing to understand.
Why You Are Betting
The reason why you are betting should be obvious, but you
might be surprised how often you can catch yourself betting
without much rhyme or reason. It's very easy to fire out blind
bets without thinking too hard about it. There's a certain
degree of natural instinct that tends to take over, but you need
to be sure that you are carefully considering each move before
you actually make it. Even the best of players have fired out
bets, set the money in the middle, and then realized that they
made a big mistake. Your intent is directly related to how you
should size your bets.
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Now, let's change this hand and pretend that an overcard came
on the flop. You still have a decent pair, but now there's an
increased chance that you are behind. Given this, a bet like 60
into the 100 would be more logical. If you get called you'll
know that you could definitely be behind, if you get raised you'll have saved a little, and it's still enough to procure
folds. You adjusted downwards because you have a good hand, but
it isn't as good as an overpair.
These two examples were incredibly simplistic while also
illustrative of why bet sizing is so important in live poker.
With online poker sites, a good opponent would be able to pick apart this
bet sizing and use it as a tell. In live poker, most players
just aren't thinking that hard.
Big hands and hands that are defending against draws is where
most players find themselves in trouble. With a big hand, you
should be betting out very hard. If you have drawn up a slow
play, this is one thing, but you shouldn't be finding some
ground in the middle. Either slow play or bet hard, but you
can't try to do both at one time. Raise your bets in correlation
with the strength of your hands. While this is a telegraph of
hand strength, most live players won't pick up on it.
The worst thing you can do with a big hand is to make bets that get calls
but achieve nowhere near the maximum in terms of profitability.
In the long run, there's a big difference between betting '6'
and getting calls vs. betting '8' with the same results. Monty python slot machine black knight. Value
betting is an easy way to make a lot of money from live poker
players.
Hands that are defending against draws should be played in a very similar way.
Whatever you do, don't start to play passively. Not only is this playing into
your opponent's favor, but you are going to make it harder on
yourself later on. You can bet way too much and still get calls
from live players because they like to chase draws. Online you'll find that players know when they aren't getting the right
price to call, but live players don't really care.
Often times it will make sense to bet against draws even harder than with
your made hands because you will be able to balance out the
times where you lose with all of the times that you win big pots
uncontested when your opponent misses.
If anything got confusing
in this section, just remember that betting big is going to be
the correct play more often than not as live players tend to be
calling stations.
Who You Are Betting Against
Who you are betting into is going to have just as much to do
with your bet sizing as your hand itself. You would be more
likely to bet hard with a middle pair against a calling station
than you would be against the tightest player at the table. One
of the biggest advantages of live poker is that you'll be able
to create and utilize some very strong reads on your opponents.
If you aren't using this to profit, you are probably not paying
as much attention as you should be.
Calling stations are the worst
types of players to bluff against. Knowing this, it should be
apparent that these same players are prime targets for big value bets.
If they aren't folding to your bluffs, they aren't likely to fold to your value bets
either. As a result, you should bet both more frequently and
with more size when you are up against a player who isn't prone
to laying down a hand.
The opposite end of the spectrum is where you'll find the
players who fold to just about everything except when they have
very big hands. These are the players who you should be scoping
out vs. going straight after. What is meant by this is that you
can toss out some smaller bets to get a feel for where you
stand. If a player seems apprehensive about calling a bet, you
can feel safer about continuing on the next street. If you feel
like your tight opponent is confident in their hand, you'll
know to make a smaller bet or maybe to not bet at all. Use your
opponents tendencies to decide whether you should be going for
value or simply to see whether you are likely to be ahead or
behind in a hand.