Top Let it Ride Bonus
At the Bovada Casino
you can play Let Them
Ride with a samll house advantage, if you claim the
100% table games bonus up to $250. When playing with this bonus you can wager $1 a
hand and expect an average loss of 3.4 cents per hand played. Each dollar that you
wager, you can expect to lose around three cents. There is no other casino online or offline
that will match the bonus and the pay out ratio.
Let it Ride Bonus:
100% up to $250
Deposit $250 and get a $250 bonus.
Wagering requirements: 250 x bonus
Deposit $250, and play (25 x ($250 + $250)) ÷ 0.20 = $62500/$250 bonus = 250 x bonus.
Pay out %: 96.5%
Expect to lose 3.5 cents for every $1 wagered.
Pay out with bonus: 96.9%
$250 Bonus x 250 = $62500 play through, $62500 x (96.5%) = $60312.50 winnings,
$60312.50 + $250 bonus = $60562.50, $60562.50(payouts)/$62500(wagers) = 96.6%
Let it Ride Strategy
It is important to know when you should let your chips ride and when to pull them back.
Failure to use proper game play will result in a greater
house edge. You can come out ahead in the short run,
breaking the Let it Ride strategy rules, but in the long run
it will cost you many bets.
After you
see your first three cards, you should let it ride if;
- You already have a paying hand such as a pair
of tens or better.
- If you have three cards to a Royal Flush.
- If you have a three card straight flush.
- If you have an inside straight draw consisting
of at least two high cards.
- A close call that you can make in Let it Ride
is letting it ride on a flush draw with two high cards.
After you
have seen the first community card, you could let it ride if;
- You already have a paying hand such as a pair
of tens or better.
- If you have a flush draw. 9 outs/48 cards at
8:1 = 168.8% average pay out
- If you have an outside straight draw. 8 outs/48
cards at 5:1 = 100% average pay out
- If you have an inside straight draw and four
high cards in your hand. 4 outs/48 cards at 5:1 + 12 outs/48
cards at 1:1 = 50.0% + 50% = 100% average pay out.
When there is only one card
left, the odds of pairing up any individual card is 6.25%,
you have a 25% chance of getting a minimum paying pair if
you have four high cards in your hand, a 16.6% chance of
completing an outside straight, a 8.3% chance of completing
an inside straight, a 18.8% chance of completing a flush, a
4.2% chance of getting an outside straight flush and a 2.1%
chance of getting your Royal Flush. You also will have
about the same chance of making an outside straight draw pay
as you would if you were trying to make a low pair hand pay
at this point.
Let it Ride Progressive Probabilities
What are the odds in winning with a progressive side bet in Let it Ride? To get a royal flush you would need your first card to be any of the twenty eligible cards in the 52 card deck, your second card to be any of the four eligible cards out of remaining 51 cards, your third card to be three out of 50 cards, your fourth to be two out of 49 and your fifth card to be the one eligible card out of remaining 48 cards. This works out to a 0.000153907% chance or an one in every 649,740 hands chance.
There is nine times as many straight flush possibilities than a Royal flush. so you have a one in (649740/9 = 72193) 72193 chance of getting a straight flush or about a 0.00138% chance.
To get a flush you would need your first card to be any random card, your second card to be one of twelve suited cards out of the remaining 51 cards, your third card to be one of the eleven suited cards out of the remaining 50 cards, your fourth to be 10 out of 49 and your fifth card to be 9 out of 48 cards. This works out to a 0.198% chance or an once in every 505 hands chance, but you will need to exclude the already counted Royal and straight flushes. This works out to be around a .197% chance or a one in 509 hands.
The odds of getting a four of a kind are one in every 4165 hands. There is 624 possible four of a kind combinations (13 x 48 non matching cards = 624) and there is a total of (52/5 x 51/4 x 50/3 x 49/2 x 48/1) = 2,598,960 hand combinations in a five card stud game. 2,598,960/624 = 4165 which works out to be .024% of your hands.
