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Casino gambling game From Wikipedia, the free encyclopedia
Casino Hold'em is a casino gambling game. This banking game, introduced by Stephen Au-Yeung in 2000 (First Texas Hold'em Poker play against the casino and not other players) and now played in live casinos worldwide. It was licensed for use in the United Kingdom in 2007. In addition online casinos offer the game, which is based on the traditional multi-player Texas Hold'em Poker.
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Casino Hold'em is a house game designed to be dealt by a croupier for casino patrons to play in the main casino. Players play the house and not other players in this variant. Subject to the dealer qualifying, it is a straight contest between the dealer's hand and the player's, player may also get paid an AnteWin Bonus on his Ante bet. Player can also place an AA Bonus side bet which is based on the poker value of his two personal cards and the first three flop cards.
Stephen Au-Yeung devised the game in the late 1990s as a tool to assist in training his partner of the time to play Texas Hold 'Em poker. After this the training tool was developed into a House game and launched in 2000.[1] It first appeared as a live casino game in Egypt, Russia and South Africa. It was shown in 2001 at the World Gaming Congress Expo, Las-Vegas, US and in 2002 at the International Casino Exhibition held at Earls Court Exhibition Centre, London, UK.
There is no easy way to quantify optimal strategy for this game since the optimal decision for each hand is based on the combination of all 7 cards (two personal cards and five board cards) dealt. As such while computer programs can easily deal with the calculations required to make the correct play in any particular hand, it is difficult to make a set of general rules which can be memorized such as exists for Blackjack. The optimal strategy player will raise 82% of the time. So only in the worst 18% of hands should the player fold. These are broadly when the player has two singletons in the hole that are low compared to the flop, with little or no chance for a straight or flush.[2]
In Casino Hold'em the player not only wins a standard 1 to 1 sum if they have the stronger hand, but for rare hands a higher sum. This pay table typically pays a royal flush 100 to 1, straight flush 20 to 1, four of a kind 10 to 1, full house 3 to 1, flush 2 to 1, and straight or less the standard 1 to 1.
The house edge of Casino Hold'em excluding the side bet (that is, the percentage of each bet the casino will on average win, assuming perfect play on the part of the player) varies depending on the specific rules in the casino but is the most common pay tables result in a house edge varying from just below 2% to around 2.5%. Using the ante pay table above, the house edge is 2.16%.
A side bet known as the AA Bonus is based on the poker value of the player's two cards and the first three flop cards.
A pair of aces to a straight pays 7 to 1, flush 20 to 1, full house 30 to 1, four of a kind 40 to 1, straight flush 50 to 1 and royal flush 100 to 1. A variations to this pay table, A pair of aces to a straight pays 7 to 1, flush or higher 25 to 1.
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