If the bad beat jackpot is big enough, it is like no rake
If the bad beat jackpot is like 5x average, you bbjp equity cancels out rake and tips. The rooms get really full with people trying to hit it, but from a mathematical point of view, it is a really good situation.
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Maybe but it is an awful lot like the theory that a Powerball ticket is +EV if the jackpot is high enough. It is true, but you most likely still will lose almost all the time. You would theoretically show a profit in the long run but it’s a VERY long run
Maybe but it is an awful lot like the theory that a Powerball ticket is +EV if the jackpot is high enough. It is true, but you most likely still will lose almost all the time. You would theoretically show a profit in the long run but it’s a VERY long run
True in a way, but if you are a winning player your expectation is to win more essentially rake free. Understood that the chances of even getting the share for the table are very small.
It's like getting a free lotto ticket each time you pay the rake.
