Texas Holdem Bonus Strategy Calculator
You can use the Hold'em Bonus Strategy Calculator to evaluate raise decisions on hands that are not obvious. House Edge Under standard (Las Vegas) rules, the house edge (defined per initial bet) of Texas Hold'em Bonus is 2.04%. Texas Calculatem Odds Calculator by FTR Poker Admin Nov 5, 2020 Poker Strategy, Poker Tools 0 comments Below is a nice write-up provided by Texas Calculatem that explains the benefits of using a poker odds calculator while playing online Texas Holdem poker.
How Our Poker Calculator Online Works
First, a clarification: the top poker odds calculator won't work while you're in the middle of a hand (there's simply not enough time to enter all the details) but it's great if you're having a session going through old hands.
So, how does the OnlinePoker.com poker odds calculator work in reality
Well, it takes a few factors into consideration:
- We have 52 cards in the poker deck
- We know how many cards are left in the deck after cards have been dealt out
- We know the number of outs (cards left) that we need to make a winning hand
- We know what those outs are
Once we know all these factors, the online poker calculator works out whether you were in a winning position or not.
Using our online poker odds calculator is easy: select your chosen game (Hold'em, Omaha, Omaha Hi-Lo, 7-Card Stud etc) and click on the cards on-screen to make your theoretical hand.
Once your hand is displayed, you can select your opponent's hand. Click on the 'Deal In' button to bring in another hand and select the cards on-screen to help form an opponent's hand.
Once you've finished, you can start selecting cards to be displayed as community cards. Select three to see what your odds would be on the flop, or add a Turn card to see what your odds would be after the Turn, and so on.
Once you have your board set up, click the 'Calculate Odds' button and your hands odds will be displayed on-screen. Now you can see whether you should have called that raise by your opponent or laid your hand down.
About Texas Hold’em Bonus
Texas Hold’em bonus is a Texas Hold’em poker variation where you play against a dealer and not against other players as usual. The main casino softwares offering this game are Cryptologic, NetEnt, Party Gaming and Wagerworks.
Texas Hold’em Bonus Rules
Player starts by placing Ante bet and is dealt two hole cards, like in Texas Hold’em. After receiving these two cards, the player chooses to either play the hand or fold the hand. If the player folds, he loses the Ante bet and the hand is over. If the player chooses to play, he has to place a second bet, which is 2 x Ante. After making this bet, three community cards a dealt. These community cards are shared between the player and dealer but dealer’s hole cards are not visible. At this point, based on the strength of your hand, you can continue to call or raise by placing additional bet which is equal to Ante bet. The fourth community card is dealt. Again you have the chance to either call or raise (the size of the ante bet) and the fifth community card is dealt. After all cards are dealt, dealer’s hand is revealed and your hand is compared to dealer’s hand. All the bets and raises you made are either won or lost depending whether your hand beats dealer’s hand. The breakdown of the pays is following:
Dealer’s hand wins – All bets made lose
Player and Dealer tie – All bets made are returned (a push)
Player Wins with Straight or Higher — All bets pay 1:1
Player Wins with Less Than a Straight — All raise bets pay 1:1, the ante bet pushes
When making the Ante bet, notice that your final bet size will be 3x – 5x the Ante bet depending on the raises you make. So pay attention to not make too large Ante bets.
Optimal Strategy
There are three strategy decisions to be made during playing the hand. The first decision is to whether raise or fold after getting the hole cards. And then there are two decisions on whether to raise or call after the flop and turn. These decisions depend on your hand versus the community cards, while dealer’s hand is unknown so the optimal strategy is complicated.
First raise vs. Fold
The first strategy decision is to either play or fold the hand before community cards are dealt. The optimal strategy (minimizing house edge) is to fold unsuited 2/3, 2/4, 2/5, 2/6, 2/7 and play all other hands. So the player should still play for example unsuited 3/6.
Texas Holdem Bonus Strategy Calculator Spreadsheet
2nd and 3rd Raises
Texas Holdem Bonus Strategy Calculator Rules
The player should raise his bet if the probability of winning the hand is bigger than the probability of losing the hand. The correct strategy is to raise rather often which also increases the overall variance of the game.
House Edge and Rule Variations
Under standard rules the house edge of Texas Holdem bonus with bonus wagering is 0.53% by playing optimal strategy.
Texas Holdem Bonus Strategy Calculator Present Value
Variance
The variance of Texas Holdem bonus is quite high because of frequent raises. The average bet size is 3.82x the Ante which the player should take into account when deciding the size of the Ante bet. The standard deviation per wagering unit of one hand in Texas Hold’em bonus is 1.79.