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Let It Ride is a casino table game based on poker, where the player wagers on a five-card poker hand formed by their own three cards and two community cards. It is a product of Bally Technologies, under its Shuffle Master brand.
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- 2Basic rules
History[edit]
The game was invented by Shuffle Master founder John Breeding, with the goal of fueling demand for the company's shuffling machine.[1]
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Initially popular in many casinos, the popularity of the game has waned since the because of its relatively high house edge. With the standard pay table and optimal strategy, the house edge is 3.51%.[2]
Basic rules[edit]
Let It Ride is a variation of five-card stud, based on three player cards and two community cards. The two community cards are initially dealt face down. The most distinguishing feature of Let It Ride is that the player is given two opportunities to withdraw exactly one-third of their initial wager. One chance occurs after the player looks at their hand but before the first community card is revealed, and the second occurs after the first community card is revealed, but before the second is revealed. The player may reduce their wager on either of these occasions, or on both, or neither. If the player decides not to withdraw part of their wager, they are said to 'let it ride.'[3] In order to ensure that the player's initial wager is divisible by three, each player must distribute their wager over three betting spots which must all contain the same chip value. On some table layouts these spots are given the symbols 1, 2 and $, with 1 and 2 indicating the thirds of the wager which the player can withdraw before the first and second community cards respectively are turned up, and $ representing the third of the wager which there is never a chance to withdraw.[4]
After players have placed their bets, the dealer starts from their left, and deals each player one card, followed by the first face-down community card, followed by a further card to each player, followed by the second community card, followed by a final card to each player. Players are not permitted to show their cards or to see the cards of other players at any point before the end of the deal.
In the event of a winning hand after the second community card is revealed, what remains of the player's wager is paid out according to a payout table such as the one given below. There are small variations in payoffs between casinos, but the lowest paying hand in Let It Ride is typically a pair of 10s; a pair of nines or less is a losing hand, which results in the player forfeiting their remaining wager to the house.
Payouts[edit]
Let It Ride Free Game
| Hand | Payout |
|---|---|
| Royal flush | 1,000 to 1 |
| Straight flush | 200 to 1 |
| Four of a kind | 50 to 1 |
| Full house | 11 to 1 |
| Flush | 8 to 1 |
| Straight | 5 to 1 |
| Three of a kind | 3 to 1 |
| Two pair | 2 to 1 |
| Pair of 10s or better | 1 to 1 |
House edge[edit]
Like blackjack and video poker, player decisions in Let It Ride affect the house edge. The strategy outlined below assumes the standard payout structure shown above. With correct strategy, the casino's edge in Let It Ride is about 3.5% of the final, non-withdrawable third of the initial wager.
Three Card Bonus[edit]
The Three Card Bonus is an optional side bet offered at some tables. The bet is placed on the player's three cards only. Winnings from a fixed payout table are awarded based on the three-card hand, following the hand rankings of three-card brag. This is comparable to the 'Pair Plus' side bet in the casino game of Three Card Poker.
References[edit]
- ^'Shuffle Master Inc. Places Winning Bet'. Chicago Tribune. Bloomberg Business News. October 8, 1995. Retrieved 2015-11-26.
- ^Michael Shackleford. 'Let it Ride: Supplemental Pay Tables'. Wizard of Odds. Retrieved 2015-11-26.
- ^'Let It Ride'(PDF). Shuffle Master. Retrieved 3 November 2014.
- ^'Let It Ride Poker'. vegas.com. Retrieved 3 November 2014.
- ^'Let It Ride'. BP. Archived from the original on 3 November 2014. Retrieved 3 November 2014.
External links[edit]
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Introduction
Let it Ride is among the first of the wave of new casino games, starting in the late nineties. It is a simple poker-based game where the player is paid based on his five card hand only. No dealer hand to worry about. The twist is that as the cards are revealed the player has the opportunity to decrease his bet if he doesn't like his cards. As of 2013 Let it Ride is still out there, but its numbers are decreasing.
Rules
- Player makes three bets of equal size.
- Dealer gives player three cards.
- Player may pull his first bet back or 'let it ride.'
- Dealer deals the first community card, to be used by all players.
- Player may pull his second back or 'let it ride.'
- Dealer deals the second community card, to be used by all players.
- Player is paid according to the poker value of his five cards, remaining bets, and the posted pay table.
- Side bets are usually available, which are explained below.
The following is the standard pay table most casinos follow. All wins are on a 'to one' basis.
Let it Ride — Standard Pay Table
| Hand | Pays |
|---|---|
| Royal Flush | 1000 |
| Straight Flush | 200 |
| Four of a kind | 50 |
| Full House | 11 |
| Flush | 8 |
| Straight | 5 |
| Three of a kind | 3 |
| Two pair | 2 |
| Tens or better | 1 |
| Loser | Loss |
The pay table for this and 15 other known Let it Ride pay tables can be found in my Let it Ride appendix 3.
Strategy
The following strategy is for the standard pay table.
With three cards you should only 'let it ride' if you have:
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- Any paying hand (tens or better, three of a kind)
- Any three to a royal flush
- Three suited cards in a row except 2-3-4, and ace-2-3
- Three to a straight flush, spread 4, with at least one high card (ten or greater)
- Three to a straight flush, spread 5, with at least two high cards
With four cards you should only 'let it ride' if you have:
- Any paying hand (tens or better, two pair, three of a kind)
- Any four cards of the same suit
- Any four to an outside straight with at least one high card
- Any four to an outside straight with no high cards (zero house edge)
- Any four to an inside straight with 4 high cards (zero house edge)
A lot of people have asked me what I mean by 'inside straight', 'outside straight', 'spread 4', and 'spread 5.'An inside straight is one in which an 'inside' card is missing, such as (4,5,7,8). An outside straight is one in which an outside card is missing, such as (4,5,6,7). Outside straights are much better because there are 8 cards that can complete them as opposed to 4 for an inside straight. Spread4 means that the cards in question span 4 ranks in a row,for example a (5,6,8). Spread 5 means the cards in question span 5 ranks, for example a (5,7,9).
Play Let It Ride for free while learning the strategy.
Aggregate Payout Warning:
The table will probably have a maximum payout. At Casino Niagara in Niagara Falls the maximum aggregate payout is $75,000 per round. As a result the player should not bet more than the maximum payout divided by 3000. Any bet above this quotient will not pay the full odds on a royal flush, thus increasing the house edge.
Analysis
Let it Ride — Standard Pay Table
| Hand | Pays | Bet | Win | Combinations | Probability | Return |
|---|---|---|---|---|---|---|
| Royal Flush | 1000 | 3 | 3,000 | 80 | 0.000002 | 0.004617 |
| Royal Flush | 1000 | 2 | 2,000 | 0 | 0.000000 | 0.000000 |
| Royal Flush | 1000 | 1 | 1,000 | 0 | 0.000000 | 0.000000 |
| Straight Flush | 200 | 3 | 600 | 352 | 0.000007 | 0.004063 |
| Straight Flush | 200 | 2 | 400 | 368 | 0.000007 | 0.002832 |
| Straight Flush | 200 | 1 | 200 | 0 | 0.000000 | 0.000000 |
| Four of a kind | 50 | 3 | 150 | 7,872 | 0.000151 | 0.022717 |
| Four of a kind | 50 | 2 | 100 | 4,608 | 0.000089 | 0.008865 |
| Four of a kind | 50 | 1 | 50 | 0 | 0.000000 | 0.000000 |
| Full House | 11 | 3 | 33 | 33,408 | 0.000643 | 0.021210 |
| Full House | 11 | 2 | 22 | 41,472 | 0.000798 | 0.017553 |
| Full House | 11 | 1 | 11 | 0 | 0.000000 | 0.000000 |
| Flush | 8 | 3 | 24 | 10,008 | 0.000193 | 0.004621 |
| Flush | 8 | 2 | 16 | 92,152 | 0.001773 | 0.028366 |
| Flush | 8 | 1 | 8 | 0 | 0.000000 | 0.000000 |
| Straight | 5 | 3 | 15 | 4,464 | 0.000086 | 0.001288 |
| Straight | 5 | 2 | 10 | 88,656 | 0.001706 | 0.017056 |
| Straight | 5 | 1 | 5 | 110,880 | 0.002133 | 0.010666 |
| Three of a kind | 3 | 3 | 9 | 364,560 | 0.007014 | 0.063122 |
| Three of a kind | 3 | 2 | 6 | 328,968 | 0.006329 | 0.037973 |
| Three of a kind | 3 | 1 | 3 | 404,712 | 0.007786 | 0.023358 |
| Two pair | 2 | 3 | 6 | 574,128 | 0.011045 | 0.066272 |
| Two pair | 2 | 2 | 4 | 682,776 | 0.013136 | 0.052542 |
| Two pair | 2 | 1 | 2 | 1,214,136 | 0.023358 | 0.046716 |
| Tens or better | 1 | 3 | 3 | 2,571,636 | 0.049474 | 0.148423 |
| Tens or better | 1 | 2 | 2 | 2,647,560 | 0.050935 | 0.101870 |
| Tens or better | 1 | 1 | 1 | 3,228,804 | 0.062117 | 0.062117 |
| Loser | -1 | 3 | -3 | 53,076 | 0.001021 | -0.003063 |
| Loser | -1 | 2 | -2 | 937,824 | 0.018042 | -0.036085 |
| Loser | -1 | 1 | -1 | 38,576,700 | 0.742156 | -0.742156 |
| Total | 51,979,200 | 1.000000 | -0.035057 |
5-Card Bonus Bet
I don't know if this bet even has a name, so I am titling it the '5-Card Bonus Bet.' It is a $1 side bet, which pays based on the poker value of the final five-card hand. This is a sucker bet, that should be avoided. Based on a small sampling of casinos in Las Vegas and Laughlin, the house edge varies from 13.77% (Lady Luck) to 36.52% (New York, New York). Below are some casinos, their payoff table, and their house edge, in order from best to worst. Wins are on a 'for one' basis, meaning the player does not get his original bet back, even on a win.
Let it Ride Side Bet Pay Tables
| Hand | Table 1 | Table 2 | Table 3 | Table 4 | Table 5 | Table 6 | Table 7 | Table 8 | Table 9 |
|---|---|---|---|---|---|---|---|---|---|
| Royal flush | 20000 | 20000 | 20000 | 20000 | 20000 | 10000 | 20000 | 20000 | 25000 |
| Straight flush | 2000 | 1000 | 2000 | 2000 | 1000 | 2000 | 2000 | 1000 | 2500 |
| Four of a kind | 100 | 100 | 100 | 400 | 400 | 100 | 300 | 300 | 400 |
| Full house | 75 | 75 | 75 | 200 | 200 | 75 | 150 | 150 | 200 |
| Flush | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 |
| Straight | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Three of a kind | 9 | 4 | 8 | 5 | 5 | 8 | 5 | 5 | 5 |
| Two pair | 6 | 3 | 4 | 0 | 0 | 4 | 0 | 0 | 0 |
| Tens or better | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| House edge | 13.77% | 23.73% | 25.39% | 25.53% | 26.92% | 26.93% | 35.14% | 36.52% | 24.07% |
The following is a list of which casinos have which pay tables based on my small sampling. Unless otherwise stated all casinos are in Las Vegas:
- Table 1: Lady Luck
- Table 2: Las Vegas Club, Freemont, Californian,Plaza, Main Street Station, Ballys, Circus Circus,Hilton, Grand (Biloxi), Beau Rivage (Biloxi), Horseshoe(Tunica), Grand (Tunica)
- Table 3: Golden Gate
- Table 4: Bellagio, Excalibur, Mandalay Bay, Harrah's,Imperial Palace, Paris, Venetian
- Table 5: MGM Grand, Golden Nugget
- Table 6: Colorado Belle (Laughlin), Sky City (New Mexico)
- Table 7: Four Queens, Flamingo Hilton
- Table 8: New York New York
- Table 9: Rivers casino in Pittsburgh, PA
The next table shows the probability and return for every hand under pay table 2 above. The return of 76.27% reflects a house edge of 100.00% - 76.27% = 23.73%. Again, all pays are on a 'for one' basis.
5-Card Bonus
| Hand | Pays | Combinations | Probability | Return |
|---|---|---|---|---|
| Royal flush | 20,000 | 4 | 0.000002 | 0.030782 |
| Straight flush | 1,000 | 36 | 0.000014 | 0.013852 |
| Four of a kind | 100 | 624 | 0.000240 | 0.024010 |
| Full house | 75 | 3,744 | 0.001441 | 0.108043 |
| Flush | 50 | 5,108 | 0.001965 | 0.098270 |
| Straight | 25 | 10,200 | 0.003925 | 0.098116 |
| Three of a kind | 4 | 54,912 | 0.021128 | 0.084514 |
| Two pair | 3 | 123,552 | 0.047539 | 0.142617 |
| Tens or better | 1 | 422,400 | 0.162527 | 0.162527 |
| Loser | 0 | 1,978,380 | 0.761220 | 0.000000 |
| Total | 2,598,960 | 1.000000 | 0.762730 |
3-Card Bonus Bet
Some casinos offer a side bet based on the value of the player's three cards, similar to the Pair plus bet in Three Card Poker. The main difference is in Let It Ride the bet has a separate win for a 'Mini Royal', defined as a suited ace, king, and queen. The following table table shows the most common pay table for this bet.
3-Card Bonus
| Hand | Pays | Combinations | Probability | Return |
|---|---|---|---|---|
| Mini Royal | 50 | 4 | 0.000181 | 0.00905 |
| Straight flush | 40 | 44 | 0.001991 | 0.079638 |
| Three of a kind | 30 | 52 | 0.002353 | 0.070588 |
| Straight | 6 | 720 | 0.032579 | 0.195475 |
| Flush | 3 | 1096 | 0.049593 | 0.148778 |
| Pair | 1 | 3744 | 0.169412 | 0.169412 |
| Nothing | -1 | 16440 | 0.743891 | -0.743891 |
| House Edge | 22100 | 1 | -0.070950 |
The next pay table shows other possible variants of the Three Card Bonus bet.
3-Card Bonus
| Hand | Table 1 | Table 2 | Table 3 | Table 4 | Table 5 |
|---|---|---|---|---|---|
| Mini Royal | 50 | 50 | 200 | 100 | 50 |
| Straight flush | 40 | 40 | 40 | 50 | 40 |
| Three of a kind | 30 | 30 | 30 | 30 | 30 |
| Straight | 6 | 5 | 6 | 6 | 6 |
| Flush | 3 | 4 | 3 | 3 | 4 |
| Pair | 1 | 1 | 1 | 1 | 1 |
| Nothing | -1 | -1 | -1 | -1 | -1 |
| House edge | 7.10% | 5.39% | 4.38% | 4.20% | 2.14% |
The only casino I am aware of that offers pay table 5 is the Borgata in Atlantic City (source).
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6-Card Bonus
Some casinos add on a side bet known as the 6-Card Bonus. This side bet is found on multiple poker-derivative games, so I created a special page for it. For more information, please see my page on the 6-Card Bonus.
How To Play Let It Ride
Millionaire Progressive
This is a $5 'red light' progressive side bet that pays $1,000,000 for a royal flush in spades, using the player's five-card hand. For all the rules and analysis, please see my page on the Millionaire Progressive.
Seeing Extra Cards
Although players are not supposed to share information, you can often accidentally see other player cards, or this rule is ignored and players voluntarily show each other their cards. Seeing other cards can make the difference in borderline plays, namely the zero house edge straights listed under the 4-card strategy above. In his book Mastering the Game of Let It Ride, author Stanley Ko offers a strategy for these situations. He doesn't state how much it lowers the house edge, but James Grosjean does in his book Beyond Counting (Exhibit CAA). According to Grosjean, if you can see every player card in a 7-player game, and made perfect use of the information, it would lower the house advantage from 3.51% to 2.34% only.
Inside Links
- Appendix 1: Details on how the strategy and expected return were determined.
- Appendix 2: Details on the Isle of Capri (Black Hawk, Colorado) rules.
- Appendix 3: Analysis of 16 different Let it Ride pay tables.
Outside Links
Let It Ride Casino Game
German translation of this page.