PokerStars tests Poker Side Bets
Published by Giselle
January 31, 2020 4:04 pm
PokerStars will soon allow players to place bets on future cards. At least, if the testing phase is successful.
Betting on future cards is no stranger to live players. But in the online poker cosmos, it’s a brand new idea. Live players like to bet that the flop will only have one suit, suit or card. The intention behind this is clear: to spice up the boring phases in which they wait for playable hands.
PokerStars has yet to make any official comment about these side bets on its website or blog. However, the colleagues from Poker Industry PRO claim to have seen a website where the side bets are explained in detail.
Currently, the side bets are available in the UK and EU client and only at Hold’em tables. All side bets are closed against the bank – i.e. PokerStars. Players place bets using their credit balance. The stack at the table remains intact.
A house advantage of almost three per cent
PokerStars has not yet announced which side bets will be offered. However, the assumption that you can bet on whether you’re dealt a pair or just a suit on the flop is certainly valid.
In theory, the return to player (RTP) is 97.12% for side bets on the flop and 97.29% for bets on hole cards. Thus, the bank advantage is 2.71 % or 2.88 %. By comparison, European single zero roulette has a house advantage of 2.70%; betting on the banker’s hand in baccarat gives the casino a 1.06% advantage.
There are no comparable side bets in online poker. However, for years you have had the option to place bets off the poker tables.
Gaming on other poker sites
At partypoker, you are only one click away from the nearest roulette or blackjack table at cash game tables. The same applies to individual skins of the iPoker network and sites on the GG network, such as GGPoker or Natural8.
The poker community has not yet commented on this issue. This is probably due to the fact that so far only a select group has access to the new feature. However, it won’t surprise anyone if the majority of PokerStars players have a problem with side bets.
Side bets have the characteristic of eating up players’ bankroll faster than poker tournaments or cash games. Side bets are basically raked fees between 2.71% and 2.88% on top of the rake already paid. Many people already believe that the rake is unbeatable. Especially not on the micro- and low-stakes, where these bets will be widespread.
All-in insurance with PokerStars
The new Side Bets appear after the introduction of the All-In Cash Out – an insurance policy for cash game players after an All-In has occurred.
All-In Cash Out gives players the opportunity to cash out the odds of their hand when they are all-in before the river. The fee is 1% of equity. If your equity in a $100 pot is 70%, you will receive $69.30 ($70 minus the 1% fee that PokerStars charges for using the feature). After that, the hand is dealt normally.
The player who does not have insurance can win the pot as usual. However, in this case, he will be competing against the bank and no longer against his opponent.