Free Forum - Triple Sevens, Super Sevens

Steel

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Jan 14, 2002, 2:17:13 AM

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Triple Sevens, Super Sevens

What is the negative EV on turnover playing super sevens $1 bet on every hand in 8Decks?
Payout:
2 unsuited 7's=$50
2 suited 7's=$150
3unsuited 7's=$500
3 suited 7's=$7,770

Is it around -10% on turnover?

I am sure someone has posted information relating to this subject before.

Thanks in advance.

Theef

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Jan 14, 2002, 8:47:36 AM

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SUCKER%

BJA gives the advantage for a different pay table: 50, 100, 500, 5000. That advantage is 10.something%. I can't remember exactly offhand. Yours would be slightly higher due to the better pay table, but it's still a sucker bet. And it slows down the game so you get fewer hands per hour.

Steel

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Jan 14, 2002, 10:44:42 AM

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Re:Sucker%

I know it is a bad bet.
What I wanted is the exact -% in the case in question.

Scarce

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Jan 14, 2002, 6:25:36 PM

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returns

Super Sevens Probability Table 2
Hand Probability Pays Return
First card seven 0.071234 3 0.284937
2 unsuited 7's 0.004136 50 0.210945
2 suited 7's 0.001149 100 0.116043
3 unsuited 7's 0.000388 500 0.194271
3 suited 7's 0.000016 5000 0.079803
Total 0.076923 0.886000

The tables above show a return of 87.4% if the player does not get a third card if the dealer gets a blackjack and a return of 88.6% if the player is guaranteed to get three cards. These represent a house edge of 12.6% and 11.4% respectively.

Steel

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Jan 14, 2002, 7:31:25 PM

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So it is just under -30%?

Thanks Scarce.

Payout:
2 unsuited 7's=$50; 50*0.004136=0.2109
2 suited 7's=$150; 150*0.001149=0.1723
3unsuited 7's=$500; 500*0.000388=0.1943
3 suited 7's=$7,770; 7770*0.000016=0.1243

TOTAL RETURN=0.7018
Negative expectation is therefore -29.82%

Can anyone confirm this?

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Triple Sevens, Super Sevens