Noble Poker $100,000,000

RMcG

This is fairly funny. Noble Poker are having a tournament with a $10,000 buy in and there is a $100,000,000...ONE HUNDRED MILLION..DOLLARS...for anyone that gets a royal flush at the final table...LOL.....oops just read it again and it MUST be a royal flush of spades!!!!

But ANY Royal flush or str8 flush gets $1,000,000, if you get four aces or four kings you get half a million and four queens, jacks or tens a quarter of a million....interesting....

I think they should go the whole hog and offer one million, billion, zillion dollars plus the moon, the sun, mars jupiter and six hundred thousand stars of YOUR choice to anyone that gets 5 of a kind all spades....cause none of that is ever gonna happen...

Noble Poker.....class!

stagolee

i know its incredibly improbable but what would they do if someone got it?
declare bankrupcy immediatley? i think they should be made prove they would go through with it before they make claims like that.

RMcG

Exactly....like are Noble Poker even worth $100,000,000. I would hardly think so......famous last words..."ahh sure it'll never happen"!!!!!!

Culchie

When a site does this .... promising to pay out $100,000,000 if someone gets a Royal Flush, it says to me .... this is never gonna happen, why would they put themselves out of business?

Now, if they are saying this is never gonna happen, how do they know this?

This gang also had an offer of $1,000,000 if you won 7 STT's in a row.

This is very bad for the perception of on-line poker, and it's integrity of randomness. And perception is reality in the world of the consumer.

However this is Noble Poker, so doesn't carry the same weight as Party Poker or Empire or any of the big boys.

RMcG

I just read the offer and article properly and it seems as if all the qalifiers are going to be online on Noble but the main event is actually going to be a live tournament held in Vegas.

This makes it even more insane. At lest if it were online Noble poker could theoretically have control over not allowing anyone to get dealt a royal flush of spades....but theoretically there could be a royal flush of spades every hand, they are offering what they cannot possibly deliver.

Even one royal flush of spades would put Noble Poker into liquidation, this has to be illegal......imagine a high street bookies offering a bet that if won, they couldnt possibly cover...ILLEGAL RIGHT??

Pretty much highlights the fact that internet poker sites are a law unto themselves and also highlights the need for some sort of governing body to marshal these crooks.......

xtrac

Folks, Just a thought here. I'm sure they could insure it? I know for the likes of car give-aways in pro-ams for holes in one are insured, i.e it might cost you 2k to insure a 30k car giveaway (these are only guesses btw). Maybe noble have the loss insured?

-Roy

Culchie

xtrac wrote:

Folks, Just a thought here. I'm sure they could insure it? I know for the likes of car give-aways in pro-ams for holes in one are insured, i.e it might cost you 2k to insure a 30k car giveaway (these are only guesses btw). Maybe noble have the loss insured?

-Roy

Very Good Point

RMcG

Yeah youre more than likely right but can you imagine Noble approach the Insurance company at their office..

Noble: hi we'd like to ensure ourselves incase someone in our poker tournament gets a royal flush.

Insurance: Okay no problem sir, and how much are you offering your customers should they get dealt a royal flush?

Noble: One hundred million dollars

Insurance: 'sniggers' Okay sir and how often could this happen?

Noble: Well I suppose it could happen every hand..

Insurance: 'sniggers uncontrolably'And how many hands might they play?

Noble: Well its just for the final table so maybe 200 hands.

Insurance: 'nervous snigger suspecting dimentia '200 you say, and has anyone every been dealt a royalflush of spades before sir...

Noble: Oh yes Im sure since the dawn of Texas Hold'em its probably happened over a million times...

Insurance: 'scared sh1tless presses the button for security and whispers into the phone'...another escapee from the mental hospital...approach with caution..this one is really ****ed up

Insurance: wont be a second sir.......

Noble: Aghhhhhhhh jazuz get the **** off me...'zap zap'...aghhhhh stun gun what the ****.....aghhhhhhhhhhhhhhhhhhhhhh

Insurance: 'after man has been removed'....fc uking mentalist

ntlbell

what are the odds of a RF? 650,000/1 or something?

If I was an insurance broker I'd prefer to insure Royal flushes than boy racers...

Ste05

ntlbell wrote:

what are the odds of a RF? 650,000/1 or something?

If I was an insurance broker I'd prefer to insure Royal flushes than boy racers...

absolutely - the chances of this actually happening are tiny, and an insurance underwriter would easily take this policy.....
They play the odds game too and this would be a very low risk proposition...
In fact I'd say there would be quite a bit of competition to get this policy..

RMcG wrote:

Insurance: 'sniggers' Okay sir and how often could this happen?

Noble: Well I suppose it could happen every hand..

And this just crazy TBH......

Hitchhiker's Guide to...

Given that they are only paying out on a Royal Flush of Spades there is a 650,000 * 4 chance. This has to be divided by the (estimated) 1200 hands that would be dealt (assuming approx 200 games with an average of six players). The company wouldn't have to pay any more than €75,000 to insure against this happening (this includes a built-in €30,000 profit for the insurance company over the fair risk).

Insurance companies would be more than willing to take this risk on. They would divide it among maybe 20 insurance / reinsurance companies so that no one insurance company would have to take the full risk.

Presume the casino wouldn't allow the game to be held in their casino if they weren't satisfied about the company's ability to pay. It is the lesser payouts they are offering for more certain hands that would cost a fortune to insure against.

kleefarr

It's my guess that if somebody does get either of those high payout hands, then somewhere in the Ts&Cs will be very small print stating that the payout will be paid at $100,000 a year for 100 years, or something like that.
:rolleyes:

Corben Dallas

more like $100,000 over 1000 years*

and u must be alive to claim it

The odds of getting a Royal flush of spades only must be 1 in 60million+????
hellos statos/odds experts????

and if u hit a Royal of spades u then own Noble Poker and are liable for all their debts

kincsem

Super System says -
Odds in draw poker being dealt a straight flush are 64,973/1 and there are 40 possible straight flushes, therefore 64974 X 40 = 2,598,960 for a Royal.
I worked out 52*51*50*49*48/5/4/3/2/1 = 2,598,960 combinations. (same)
The odds should be a lot, lot less to hit a spade Royal Flush on a final table.

(1) The final table should last two hours minimum which is about 60 hands, dealt to 9 players (at the start) therefore divide by 60 X 9 = 540.
(2) Players play with seven cards in Hold 'Em so the odds of the Royal Flush are much less. Brunson says if you are dealt AKs then there are 19,600 possible flops of which one is the three needed QJTs 52*52*50/3/2/1
(3) Suppose you must get the first two dealt to you. Odds are 52/5 * 51/4 = 132.6. Now you have five shots at the other three. The dealer is teasing you and turns up the first two of the flop and they are both blanks. The odds for filling with the last three are 132.6 * 48/3 * 47/2 * 46/1 = 2,293,450/1. So the highest odds in a one hand situation is 2,293,540/1. This is a worst case where you must hit the last three cards. Divide by 540 hands and you get odds of 4,247/1 of a Spade Royal Flush on a final table.

I am playing 3 years X 45 weeks a year X 2 nights a week X 120 hands a night = 37,440 hands. I have had a few straight flushes in live play (King high best), and a Royal on the internet.

What do you think?