You must also understand the house edge before
playing Caribbean Stud Poker. Below you will find a detailed
explanation of the house edge.
The house edge is 5.22% by following
a strategy of raising on any pair or greater and on ace/king
according to the three rules above. It should be noted that
the ratio of average money lost by the player to total money
bet is 3.22%.
Statistics
The following tables shows the various
possible outcomes in CSP, their net return per initial bet,
their probability, and their total return (product of probability
and net return).
| Statistics
for CSP |
| Event/winning hand |
Net return |
Probability |
Total return |
| Player folds |
-1 |
0.44733596 |
-0.44733596 |
| Dealer doesn't qualify |
1 |
0.24195416 |
0.24195416 |
| Dealer beats player |
-3 |
0.15219791 |
-0.45659373 |
| Tie |
0 |
0.00001665 |
0.00000000 |
| Ace/king |
3 |
0.00137471 |
0.00412413 |
| Pair |
3 |
0.11661806 |
0.34985418 |
| Two pair |
5 |
0.02447324 |
0.12236620 |
| Three of a kind |
7 |
0.01175271 |
0.08226897 |
| Straight |
9 |
0.00219504 |
0.01975536 |
| Flush |
11 |
0.00109448 |
0.01203928 |
| Full House |
15 |
0.00083564 |
0.0125346 |
| Four of a kind |
41 |
0.00014281 |
0.00585521 |
| Straight flush |
101 |
0.00000785 |
0.00079285 |
| Royal flush |
201 |
0.00000081 |
0.00016281 |
| Total |
|
1.00000000 |
-0.052221935 |
|
