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The player antes, and is then dealt a five-card
hand; the dealer is also dealt five cards of which
only one is exposed. The player now either folds,
losing his ante, or bets an additional amount equal
to exactly twice the ante. The dealer then reveals
his remaining four cards. If the dealer's hand is
not Ace-King or better, the player is paid even
money on the ante and nothing (i.e., a push) on
the bet. If the dealer's hand is Ace-King or better
it is said to "qualify" (for play against the player).
In that case if the dealer's hand is better than
the player's, the player's ante and bet are collected
by the house. If the dealer's qualifying hand is
worse than the player's hand, the player is paid
even money on the ante and an amount on the bet
according to the player's hand as follows:
AK or pair 1:1
two pair 2:1
three of a kind 3:1
straight 4:1
flush 5:1
full house 7:1
four of a kind 20:1
straight flush 50:1
royal flush 100:1
There is an optional independent side bet of
$1.00 available for which the player is paid for
being dealt premium hands (flush or better); the
payoff of this side bet is based on a progressive
jackpot for straight flushes (10% of jackpot) and
royal flushes (100%), although some places cap the
straight flush payoff (e.g., $5000 max). The jackpot
bet is extremely unfavorable except for the case
of a very large jackpot. If the jackpot payoff is
$50/75/100 for flush/full house/quads and there
is no straight flush cap, then the expected return
per $1 jackpot bet is approximately $0.23 plus 2.924
cents for each $10,000 in the jackpot; if the flush/
full house/quads payoff is $100/250/500, the expected
return is approximately $0.68 plus 2.924 cents for
each $10,000 in the jackpot.
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