Poker high hand bonus question…is this correct? (1 Viewer)

[eoMMan]

I noticed several poker rooms in FL are offering high hand bonuses of $300 every 30 minutes. Let’s assume no rollovers and there is always a qualifying high hand. Let’s also assume there’s an average of 5 tables always running (this will obviously fluctuate). So 5 tables with 8 people per table is only 40 people in the poker room. One of these 40 people will win a high hand every 30 minutes. That’s a 0.025% chance of winning (ignoring play style, of course). That translates to roughly $7.50 every 30 minutes or $15 every hour on average just for playing. 
 

Am I looking at this correctly? Seems like a nice perk just for sitting, drinking coffee/beer, and raking in the occasional pot. 
 

 

[Navin Johnson]

For the most part, every bet is +ev for the house.  My first question is are they taking an extra drop for the high hand and how much is it?  My next question is are the games raked or is there a drop and again how much?  Personally, I wouldn't be playing because of the HH payout but because of how fishy the games become when players are going to more flops with speculative starting hands.

 

[AAABatteries]

How do they track it?

 

[Navin Johnson]

How do they track it?

IME they just write it up on a whiteboard.  When someone beats the HH the dealer calls it out and they write the new one.

 

[brun]

For the most part, every bet is +ev for the house.  My first question is are they taking an extra drop for the high hand and how much is it?  My next question is are the games raked or is there a drop and again how much?  Personally, I wouldn't be playing because of the HH payout but because of how fishy the games become when players are going to more flops with speculative starting hands.

The place I play has different high hand promos every day. I'm not a better player for it. 

 

[cheese]

I noticed several poker rooms in FL are offering high hand bonuses of $300 every 30 minutes. Let’s assume no rollovers and there is always a qualifying high hand. Let’s also assume there’s an average of 5 tables always running (this will obviously fluctuate). So 5 tables with 8 people per table is only 40 people in the poker room. One of these 40 people will win a high hand every 30 minutes. That’s a 0.025% chance of winning (ignoring play style, of course). That translates to roughly $7.50 every 30 minutes or $15 every hour on average just for playing. 
 

Am I looking at this correctly? Seems like a nice perk just for sitting, drinking coffee/beer, and raking in the occasional pot. 
 

Biggest flaw in your thinking is believing there is always a qualifying hand. We have similar promo that is very cool (Even displays current high hand digitally with a countdown), but more time slots than not have no winner. 

 

[Keith R]

Biggest flaw in your thinking is believing there is always a qualifying hand. We have similar promo that is very cool (Even displays current high hand digitally with a countdown), but more time slots than not have no winner. 

What is the lowest qualifying hand generally?  Quads?

 

[fred_1_15301]

The rooms I play at are usually Aces full or better to qualify.

 

[Ron Popeil]

Not a perk. They rake extra for it and not all of that extra rake goes back into the pool, so it's costing you. It probably makes low stakes nl games better, overall, though.

 

[Gally]

Not a perk. They rake extra for it and not all of that extra rake goes back into the pool, so it's costing you. It probably makes low stakes nl games better, overall, though.

Just like the saying says, you know? In the poker game of life, women are the rake.

 

[wlwiles]

Not a perk. They rake extra for it and not all of that extra rake goes back into the pool, so it's costing you. It probably makes low stakes nl games better, overall, though.

Just like the saying says, you know? In the poker game of life, women are the rake.

Wha...what're you....what saying?

 

[Gally]

Not a perk. They rake extra for it and not all of that extra rake goes back into the pool, so it's costing you. It probably makes low stakes nl games better, overall, though.

Just like the saying says, you know? In the poker game of life, women are the rake.

Wha...what're you....what saying?

I don't know ......there ought to be one

 

[brun]

Not a perk. They rake extra for it and not all of that extra rake goes back into the pool, so it's costing you. It probably makes low stakes nl games better, overall, though.

That may not be the case. Where I play, the promos are 100% player funded and the promo funds collected are all designated for payout.
Where I play, NH, all the card rooms have a charity requirement. Don't know if that makes a difference.

 

[brun]

FWIW - I probably average 15 hours a week at the table. I probably average 1 high hand payout every 2 months. Been on the board 4 times (3 times with quads) in the last month but gotten beat by better high hands. Card room has 20 tables which are full maybe half the time (Monday - Thursday, before 5p there's probably 4-8 tables going).
Generally it's a once an hour high hand with some special daily promo on top.