Can someone from Betonline Explain what happened with this all in Hand?
Today I played PLO 5/10 Hand which got the whole table confused what happened to almost $2200 gone from the table.
LTUFlawless Started hand with $1371.57. Qh10D9d8d
TheDaddy555 Started hand with $1897.10. AhAcKd5S
How it was played pre flop and on the flop, doesn't really matter, it gets interesting on the turn. Board 3d9h8s3s
Both players go all in on the turn. Pot $2738.14.
TheDaddy555 has $525.53 left behind. LTUFlawless is all in and has $0 Left.
LTUFlawless accepts the cash out option $542.15. The Daddy555 Declines to run it multiple times.
River 9c
LTUFlawless would have won with FH, but since he accepted cash out option, he receives his $542.15. No problem there.
But what happened next, got everyone confused and I am still shocked. The Daddy555 still has his $525.53, but after the hand ended, he gets NOTHING from the pot.
The pot on the Turn was $2738.14
The pot after the river card goes down to $542.15. LTUFlawless receives his $542.15. TheDaddy555 gets NOTHING from the pot.
My question.
WHERE DID THE $2195.99 go off the table?
I would love an explanation here. Maybe some rule with Cash out option I don't understand, but whatever rule that would be, I can't imagine how 80% of the pot just got wiped out from the table.
LTUflawless sold it as insurance.
Whys that hard to realize?
How can a 5/T player not know this?
You also posted in the wrong forum, so I'm starting to realize why now...
? 😃
LTUflawless sold it as insurance.
Whys that hard to realize?
How can a 5/T player not know this?
You also posted in the wrong forum, so I'm starting to realize why now...
Can you explain further? I don't play PLO or PLOB; whichever this is; and I don't understand how he sold the pot as insurance.
I took the insurance. Im ok with my $514.15
The Daddy didn't take any insurance. After taking my 20% doesn't he get to keep the remaining money?
Where did the $2.2 k go?
I took the insurance. Im ok with my $514.15
The Daddy didn't take any insurance. After taking my 20% doesn't he get to keep the remaining money?
Where did the $2.2 k go?
He doesn't keep the money in the pot because he didn't win the pot.
You won the pot, but you sold your equity in the pot to the house. So the money goes to the house.
He doesn't keep the money in the pot because he didn't win the pot.
You won the pot, but you sold your equity in the pot to the house. So the money goes to the house.
If that's the truth, That's the biggest scam I have ever seen.
So you are saying every time they offer cash out option, the site, who controls EVERYTHING simply puts any card they want on the river and they scoop the pot?
It should give me insurance, I get 20%, he gets remaining of the pot - 80%, absolutely no matter what is the river card.
How come the site took the remaining $2.2 k?
Please make sense out of this.
If that's the truth, That's the biggest scam I have ever seen.
So you are saying every time they offer cash out option, the site, who controls EVERYTHING simply puts any card they want on the river and they scoop the pot?
It should give me insurance, I get 20%, he gets remaining of the pot - 80%, absolutely no matter what is the river card.
How come the site took the remaining $2.2 k?
Please make sense out of this.
If the player who cashed out lost the hand then the site pays them the insurance offered and the opponent who won gets 100% of the pot if they didn't cash out so the site pays your insurance out of that money taken off the table. The amount is calculated based on your equity in the hand at the time.
It pays the insurance when a player loses a pot when cashing out since the opponent scoops 100% of the pot, it is used then. Obviously depending on a players equity, the amount paid in insurance will vary.
Personally I don't ever use it but if others want to, let them fire away. If The Daddy cashed out on the turn they would get an amount calculated on the 80% equity they had then got rivered afterwards so Flawless gets the 100% of the $2.7K providing they do not cash out.
The $2.2k you refer to in the case above goes to pay other insurance payouts.
Simple rule is never run insurance. If the size of the pots bother you then run it twice.
Can you explain further? I don't play PLO or PLOB; whichever this is; and I don't understand how he sold the pot as insurance.
Its nothing to do with PLO.
Certain sites give insurance as an option, in NLH too.
If you take it on a certain street (your equity) of winning will be calculated and you can buy that percentage, guaranteeing you some money, even if you lose.
If you win the hand, the rest of the money that was in the pot goes to no one. It is diluted back into the equity pot for other hands.
Its called insurance for a reason. And we know how much those guys scam people.
It pays the insurance when a player loses a pot when cashing out since the opponent scoops 100% of the pot, it is used then. Obviously depending on a players equity, the amount paid in insurance will vary.
Personally I don't ever use it but if others want to, let them fire away. If The Daddy cashed out on the turn they would get an amount calculated on the 80% equity they had then got rivered afterwards so Flawless gets the 100% of the $2.7K providing they do not cash out.
The $2.2k you refer
DOESN'T Make any sense.
Shouldn't it be if i take insurance at 20% , I get the 20% and since I gave up the pot there, he get's the remaining 80% of the pot, since I am not contesting it anymore. No matter what the river is.
The site doesn't even give you clear rules about it. I talked to support, they sent me a link to cash out option promotion. Which says zero about the other guy, who doesn't take the insurance.
OK, so let's say I run a real cash game. I am the dealer/house. On the turn I give insurance as an option to a guy, who has 2 outs. He takes the insurance. The leading hand doesn't accept anything.
Since I control the deck, and I need the losing player to win, I find the two outer in the deck of cards and put it as a river, I pay out the 2 outer his insurance, and as a house I scoop 95% and the guy, who was at 95% doesn't win anything.
Do you guys even realize how big of scam that is? This is beyond insane.
By the way, I was not the one who had the 80% I'm basically fighting for the other guy. Nobody at the table noticed it, until I brought it up. They just realized, that after that hand $2200 disappeared from the table. Everyone checked the hand history and were shocked.
If any of you think this is ok, you either working for the site or you are insane too 😀
DOESN'T Make any sense.
Shouldn't it be if i take insurance at 20% , I get the 20% and since I gave up the pot there, he get's the remaining 80% of the pot, since I am not contesting it anymore. No matter what the river is.
Hard to believe someone is this stupid to think this is a good idea lol. When you pussy out others should not be punished for that you muppet.
DOESN'T Make any sense.
Shouldn't it be if i take insurance at 20% , I get the 20% and since I gave up the pot there, he get's the remaining 80% of the pot, since I am not contesting it anymore. No matter what the river is.
The site doesn't even give you clear rules about it. I talked to support, they sent me a link to cash out option promotion. Which says zero about the other guy, who doesn't take the insurance.
OK, so let's say I run a real cash game. I am the dealer/house. On the turn I give
The other player didn't want to cash out (take insurance) so he doesn't get the pot if he LOSES. How is this difficult for you to comprehend?
If he had chosen the cash out option then he too would of gotten paid.
You think the site is going to give away free money by paying the cash out and letting the other player freeroll?
Poker isn't quite dead yet I guess wow...
And if you think the site is actually going to change the river card based on insurance requests don't play there! If they are willing to do that they'd be willing to do all kinds of other cheating too.
DOESN'T Make any sense.
Shouldn't it be if i take insurance at 20% , I get the 20% and since I gave up the pot there, he get's the remaining 80% of the pot, since I am not contesting it anymore. No matter what the river is.
The site doesn't even give you clear rules about it. I talked to support, they sent me a link to cash out option promotion. Which says zero about the other guy, who doesn't take the insurance.
OK, so let's say I run a real cash game. I am the dealer/house. On the turn I give
I think your trolling at this point but here it goes, the money that gets taken off the table pays other insurance payouts when it goes the other way. If TheDaddy cashed out at allin on the turn at 80% favourite, if they lose on the river they get 80% of the $2.7K and the other player who won on the river did not cash out they get $2.7k.
Where do you assume the $2.2K comes from to pay The Daddy then?
If you don't like the feature don't use it and finally there is no scam and if that is your mindset on the issue you are in the wrong game and if you think sites are rigging the deck then there is a nice thread all of its own for you to post this on.
If you buy car insurance, your fee is used to pay claims. Any surplus belongs to insurer and it is the same here and if you do not like the product then do not buy it and if you don't cash out it does not affect you in any way. I hope it is a little clearer now how it works.
Now I have to go back and finish my shift as I work for every poker site out there.
I think your trolling at this point but here it goes, the money that gets taken off the table pays other insurance payouts when it goes the other way. If TheDaddy cashed out at allin on the turn at 80% favourite, if they lose on the river they get 80% of the $2.7K and the other player who won on the river did not cash out they get $2.7k.
Where do you assume the $2.2K comes from to pay The Daddy then?
If you don't like the feature don't use it and finally there is no scam and if that is your m
Well, I am not trolling, I am juts trying to figure it out what the rule is. I appreciate the explanation about the car insurance, but I don't need to be explained how insurance works.
To Answer your question- I assume the $2200 goes from the pot. Since it was $2700 in it. I got my 20% . I surrender the pot right there for that price. He gets the remaining of the pot.
That would be legit.
But when The Cash out I take comes from the site, which controls the river card of course it looks shady. This should be stated very clear in the rules.
All I needed to understand that they are not splitting the pot by the percentage, if one of the players gives up the pot cashing out his equity. And that the other player still can lose the whole remaining pot to the house.
And if that's the case, yes, I think it's very easy to get scammed by the site. And No, I am not on "Online Poker is Rigged" train.
Correct, I don't like the feature. Mainly because when the other player takes the insurance against me, now I playing against the house. And it's perfect example what happens when you play against the house.
Well, I need to find another site which has a lot of PLO players and which would accept US players.
Well, I am not trolling, I am juts trying to figure it out what the rule is. I appreciate the explanation about the car insurance, but I don't need to be explained how insurance works.
To Answer your question- I assume the $2200 goes from the pot. Since it was $2700 in it. I got my 20% . I surrender the pot right there for that price. He gets the remaining of the pot.
That would be legit.
But when The Cash out I take comes from the site, which controls the river card of course it looks shady.
As opposed to the other player deciding for you that you are also taking insurance? Just maybe take a step back and think about what several people have tried to explain to you in response to your question.
... But when The Cash out I take comes from the site, which controls the river card of course it looks shady. This should be stated very clear in the rules. ...
And if that's the case, yes, I think it's very easy to get scammed by the site. And No, I am not on "Online Poker is Rigged" train. ...
If you think the site controls the river card, or any other card, that is to be dealt, then you are definitely in the "online poker is rigged" team. Everything is stated clearly in the rules you signed off.
Maybe you should either continue to trust the site you have been happy to play on until you found out you misunderstood one common rule, or give up internet poker altogether?
He said the other guy should get 80% of the pot.....who didn't win the hand lol. "The whole table was confused" lmao
Well, I am not trolling, I am juts trying to figure it out what the rule is. I appreciate the explanation about the car insurance, but I don't need to be explained how insurance works.
To Answer your question- I assume the $2200 goes from the pot. Since it was $2700 in it. I got my 20% . I surrender the pot right there for that price. He gets the remaining of the pot.
That would be legit.
But when The Cash out I take comes from the site, which controls the river card of course it looks shady.
I think you may have misread my original question regarding the text highlighted in red. My question was what happens in the scenario above if you didn't buy insurance but TheDaddy(80% equity) did? The answer is you get full pot of $2.7k and TheDaddy gets roughly 80% which equates to about $2.2k. $4.9K was paid out in this scenario even though the pot is only $2.7k. The site pays TheDaddy $2.2K from the insurance pool.
The site can lose too but over time the feature is probably profitable for the site otherwise they would not implement it. It is not profitable because of any malicious intent on their part, it makes money because if you calculate what you received you will see it is a little over $5 less than 20% so I can only imagine what fee TheDaddy would have paid on the $2.2k if they cashed out.
The green text is unnecessary and looks like it is contradictory and as I mentioned earlier we all have a choice to use it or not and others using it does not affect how the hand plays out for us. If I ever find myself thinking it does I will quit the game.
The bit in blue is correct but the money goes into a pool to pay out on scenarios as I have described above.
I am not sure why TheDaddy didn't cash out but three possibilites come to mind, they either don't ever use it, didn't like the offer or just wanted it all.
This thread shows poker is very much alive and well...don't even get me started on the HH either...gett8ng allin with 89 when board pairs 3s.
This is at 5/T too. Incredible.
DOESN'T Make any sense.
Shouldn't it be if i take insurance at 20% , I get the 20% and since I gave up the pot there, he get's the remaining 80% of the pot, since I am not contesting it anymore. No matter what the river is.
The site doesn't even give you clear rules about it. I talked to support, they sent me a link to cash out option promotion. Which says zero about the other guy, who doesn't take the insurance.
OK, so let's say I run a real cash game. I am the dealer/house. On the turn I give
Well, I am not trolling, I am juts trying to figure it out what the rule is. I appreciate the explanation about the car insurance, but I don't need to be explained how insurance works.
To Answer your question- I assume the $2200 goes from the pot. Since it was $2700 in it. I got my 20% . I surrender the pot right there for that price. He gets the remaining of the pot.
That would be legit.
But when The Cash out I take comes from the site, which controls the river card of course it looks shady.
You very clearly need to be explained the concept of insurance.
Not just in the context of poker but in general.
In general an insurer will assign a likelihood of an event happening and than based on that offer you a price that makes sure in the long run the insurer makes money.
This is true for every form of insurance otherwise what incentive would a company have to offer it?
What you are describing is an equity chop. You turn over the cards and chop the pot up in accordance to the equity each of you have.
It is a bad idea to take insurance as it is ev- but there is no scam.
If you dont like it play somewhere else
What you are describing is an equity chop. You turn over the cards and chop the pot up in accordance to the equity each of you have.
It is a bad idea to take insurance as it is ev- but there is no scam.
If you dont like it play somewhere else
Yes, That what was my impression of cash out option. I was thinking , Once I surrender the pot, He get's the remaining of the pot.
Like I said since the beginning, I didn't see where the rules were posted on this promotion. Nor I knew this insurance money is coming from some different pool of money. The support sent me a Support gave me link to promotional video which doesn't explain the question.
That was the reason I posted the question here.
If you guys don't see anything wrong with it, all good. But personally I don't like the fact, that after pushing all in I am suddenly playing against the house, not a real player.
Thanks, I think I got my answer how the rule works. It's not a chop. It's insurance.
And no, I don't need to be explained of how the car insurance works. 😀
Yes, That what was my impression of cash out option. I was thinking , Once I surrender the pot, He get's the remaining of the pot.
Like I said since the beginning, I didn't see where the rules were posted on this promotion. Nor I knew this insurance money is coming from some different pool of money. The support sent me a Support gave me link to promotional video which doesn't explain the question.
That was the reason I posted the question here.
If you guys don't see anything wrong with it, all go
Whatever you say.
