Lowball inverts the normal ranking of poker hands. There are three methods of ranking low hands, called ace-to-five low, deuce-to-seven 🌜 low, and ace-to-six low. The 'ace-to-five' method is most common. A sub-variant within this category is 'high-low poker', in which 🌜 the highest and lowest hands split the pot, with the highest hand taking any odd chips if the pot does 🌜 not divide equally. Sometimes straights and/or flushes count in determining which hand is highest but not in determining which hand 🌜 is lowest, being reckoned as a no-pair hand in the latter instance, so that a player with such a holding 🌜 can win both ways and thus take the entire pot.
This is called ace-to-five low because the lowest (and therefore best) 🌜 possible hand is 5-4-3-2-A, called a "wheel". The next best possible hand is 6-4-3-2-A, followed by 6-5-3-2-A, 6-5-4-2-A, 6-5-4-3-A, 6-5-4-3-2, 🌜 7-4-3-2-A, 7-5-3-2-A, etc.
As in all lowball games, pairs and trips are bad: that is, any hand with no pair defeats 🌜 any hand with a pair; one pair hands defeat two pair or trips, etc. No-pair hands are compared starting with 🌜 the highest-ranking card, just as in high poker, except that the high hand loses. In deuce-to-seven low, straights and flushes 🌜 count as high (and are therefore bad). Aces are always high (and therefore bad).
For example, the hand 8-5-4-3-2 defeats 9-7-6-4-3, 🌜 because eight-high is lower than nine-high. The hand 7-6-5-4-2 defeats both, because seven-high is lower still. The hand 7-6-5-4-3 would 🌜 lose, because it is a straight. Aces are high, so Q-8-5-4-3 defeats A-8-5-4-3. In the rare event that hands with 🌜 pairs tie, kickers are used just as in high poker (but reversed): 3-3-6-4-2 defeats 3-3-6-5-2.
See also [ edit ]
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Put simply, it's a bet on which team or player will win a game or contest, regardless of the final margin. Unlike other types of bets, such as a point spread bet, a parlay or a teaser, moneyline bets keep it simple: if you bet on the winning side, you'll cash your ticket.
The method for finding arbitrage opportunities entails looking for significantly differing odds on the same sporting event. If the odds differ greatly enough, there is a reasonable chance for arbitrage. A betting calculator will tell you how much opportunity is available. It helps to look at some real-world examples.
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