Kansas City Low Ball
Kansas City Lowball Poker is played with a standard 52-card deck and one Joker. The Joker is considered to be the lowest card not present in a hand. Straights and flushes do not count against the poker player.
Players are dealt five cards face down, in turn, in rotation. A round of betting occurs. Players are required to bet or fold. The players who remain in the pot have the option to improve their hand by replacing cards in their hands with new ones. A player texas holdem poker may draw up to five consecutive cards. After all poker players have drawn players a round of betting occurs. The best possible low hand is 2-3-4-5-7, not of the same suit. The lowest five card poker hand wins the pot. In the event of a tie the pot is split equally among winning hands.
The game ends when one player or team reaches 100 points. In the rare event of a tie 2 players or teams finish even beyond the 100 point mark there are various tie-breaking options, determined by the players by mutual consent. The game can be declared a draw, or an extra hand or hands can be played until the tie is broken. Or the players can extend the game to a fixed number of points 20, 30 or 50.
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Betting arbitrage, miracle bets, sure bets, sports arbitraging is a particular case of arbitrage arising on betting markets due to bookmakers’ different opinions on either event outcomes or plain errors. By placing one bet per each outcome with different betting companies, the bettor can make a profit. In the bettors’ slang an arbitrage is often referred to as an arb; people who use arbitrage are called arbers. A typical arb is around 2 percent, often less; however 4-5 percent are occasionally seen and during some special events they might reach 20 percent. Arbitrage betting involves relatively large sums of money stakes are bigger than in normal betting.
Bookmakers generally disapprove of arbers, and restrict or close the accounts of those who they suspect of engaging in arbitrage betting. Although arbitrage betting has existed since the beginnings of bookmaking, the rise of the Internet, odds-comparison websites and betting exchanges have enabled the practice to be easier to perform. On the other hand, these changes also made it easier for bookmakers to keep their odds in line with the market.