DJIA Poker - Which best poker hand will be available from the April 25th close of the DJIA?

In poker, there are no small or large straights, just a straight...5 cards in a row, then there are also flushes, which are not possible on the dow...the odds would have to be different than here, more like the odds in poker, plus you have to allow for 4 of a kind, 5, 6, and 7 of a kind...

love the question, very creative hubdubbob

you could add 4 of a kind as another option next time, michael is right.

clever question here, thanks for creating.

I LOVE IT!!!!!!!!!!!!!!!!!!!

I usually don't bet on the DJIA questions but I WILL bet on DJIA Poker!

Thanks Hubdubbob

Now if only we got 2 pocket cards before seeing the flop! :)
Very creative question! Only suggestion would be to maybe make the odds a little more realistic to getting a real poker hand. 1 or even 2 of a kind seems much more probable than a "large straight." But hey, maybe I'm bluffing... ;)

Either way, I'm pushing my ante in...

so if there were 5 consecutive numbers that would be the last choice? And shouldn't full house be higher than the straights. It seems this resembels yahtzee more than poker. I love the creativity here.
I think with a little editing this could be a great question. I am not opposed to ranking them like yahtzee hands, 1pr, 2pr, 3 of a kind, full house, small straight, large straight, four of a kind, and 5 of a kind(yahtzee), then the lowest would be chance or none of above.

Can we clarify the rank of the hands? Is a small straight higher than a full house???

I like the question, but a small straight is 4 in a row, and a large straight is 5 in a row.

A full house is far less likely than either straight - it needs to be ranked as a "higher" in future.

I agree with destry. Ranking hands like yahtzee would seem to work out well.
A little fine tuning and hopefully this question will be asked regularly

i'm guessing hubdubbob is using regular poker rules. whats wrong with that? in the future if smobody does create the question using yahtzee rules that should be specified. he doesn't mention yahtzee so that shouldn't count on this particular question. if you wanna nic-pic you can say he doesn't have the answers in order (low to high or vice versa) according to standard poker rules. if your betting on poker you should know whats high and low.

So are we saying that a small straight beats a full house?

A small straight (3 in a row) is much, much more likely to occur than three of a kind or a full house...

I agree, but I think that this question is structured in such a way that 3 in a row BEATS a full house. Makes no sense.

@dieseldog - I don't know when I pissed in your cheerios but I'll just say sorry and maybe you can stop the negativity on all my comments. He wasn't using poker rules when a straight beats a full house.
I like the creativity and was hoping to add what I thought were positive comments to the question. I noted that his rankings were based on yahtzee more than poker, so suggested that he could use either approach.

Thank you all for your comments. The idea for this just kind of hit me suddenly, and I did spend a bit of time thinking things out, and knowing when I posted it that more could have been added, etc. Of course I didn't think about all of the things mentioned in your comments. Though it does somewhat resemble Yahtzee, that didn't even cross my mind when I was creating it, so am going only with regular poker rules here. If a given "hand" isn't mentioned in the available choices, then it would fall under "Anything other than the six choices above.". I know there are no small nor large straights in poker, but the idea for them entered my thought process, so I went with them. The available choices are not necessarily listed in order of one being a better one than the one below it, etc. Regular poker rules apply for the available choices. A Yahtzee slant on this is a good idea too. Another idea would be where all 7 numbers in the closing value were added together. I guess there are several alternatives. Though it can be improved upon, it does appear all of you are enjoying it, so that is good. BTW, I'd say if there happens to be 5 consecutive numbers, then it us just a large straight with a wasted number, but I will add 5 consecutive numbers in the future. Again, thank you for your input.

@destry..how was i being negative towards you? where does he say a straight beats a full house? the settlement details says in part Use basic poker rules for the available choices, etc. i'll say AGAIN if somebody wants to nic-pic you can say he doesn't have the answers in order (low to high or vice versa) according to standard poker rules. if you call that being negative then thats on you.

BOB - you have to at least clarify which of the listed options outranks the others. Does a small straight beat a full house etc. Otherwise, who would bet on this?

Hubdub DJIA Poker!!!

Full House beats Straight beats Trips beats 2-Pair beats Pair

LARGE straight wins it all , and all it takes is a 3 and a 4 since the 1 and 2 are pretty much assured.

Okay, in increasing order of strength...

1 Pair
2 Pair
3 of a Kind
Small Straight. (3 consecutive numbers).
Large Straight. (4 consecutive numbers).
Full House. (3 of a Kind and a Pair).

Anything else will fall under "Anything other than the six choices above.".

Thank you Hubdubbob!

According to my calculations, the odds to win are:
pair 7.63%
2 pair 18.42%
3 of a kind 5.25%
small straight 35.39%
large straight 25.23%
full house 7.88%
other 0.22%

(Bob if you do this one again, you should readjust the initial odds a bit)

Yeah, I'll try to come up with better starting odds. I wrote down the odds you provided as a starting point.

Yeah, I'll try to come up with better starting odds. I wrote down the odds you provided as a starting point.

Jenni - those are accurate odd if all 7 numbers are random. In this case, the first two numbers are pretty much guaranteed to be a 1 and a 2 (or perhaps a one and a three or another one).

A straight is pretty likely when you already have a 1 and a 2!

No, I wasn't assuming all #s were random. I just laid out all the possibilities between 12750 and 12950 and let Excel calcuate the winning "hand" for each.

I agree straights are pretty likely - about 60% of the time.

12,777.96 at 1:20 PM EST

Triple 7s!

= )

I've been thinking about using only the 5 numbers from right to left. What do you all think about that instead of using all 7 numbers?

One pair wins it, right?

= )

actually it looks like 2 pair 12891.86 but market is still settling out just a few seconds ago it looked like a large straight. As for bob's question I like the use of 7 numbers because there is more of a chance for different combo's

5 numbers is better, but I've never heard of a straight in poker being less than 5 cards... why re-invent the wheel here? you don't even take into account 4 of a kind or five of a kind... I like the question, but the odds are quite a bit different from poker... maybe we should call this "the Dow Yahtzee Experiment" and forget about poker... of course, you have to take into account that there will definitely be a 1 for a long time, and a 2 for quite some time....