prop bets on poker after dark

Can someone explain the prop bets that are going on in the poker after dark series. Red-black and the others.

Ivey and Zigmund have a 50k bet if the flop has more red or black.

Ivey, Patrick and Elezra had like 25k on the suits of the flop where diamonds, hearts of clubs.

If the board pairs means the payout is double and also if it all black or all clubs.
They probably have some other rules but this just what i picked up by watching the show...

"Sleeping" clearly means if you don't notice that you won something on the flop, then you miss your payouts....

But it surely seems like it takes more of their attention to keep track and argure or discuss the rules, etc.

yeah...we usually play "black/red" at our cash games...but its more like for $1 or 2$ a hand...not 50K...

They spend so much time fiddling with their side bets I no longer care to watch the program; plus I doubt seriously they are playing with their own money because they treat it so cavalierly. How much do they get paid to be TV stars? Hmmmmm!!

The program was better earlier, but now they have jazzed it up and took away my interest. I guess I'm just a spoil-sport -- I'd rather watch WPT and WSOP, even all the old re-runs.

The one thing I don't understand is the note taking by Ivey with respect to the prop betting.

I think it is all show to get discussions like this going.

Yeah its sick the amount of cash they put on just the colour, crazy as

No he is keeping treack of who won what so at the end they square up or know who owes who.

Yup.

I mean what else would he be writing down...? You can hear him say the numbers to himself sometimes as he is writing them.

What I find the most interesting is how it affects their play. In the directors cut, Dwan talks about how Ivey was unable to read his hand because of the prop bets - Dwan never should have been playing that hand. There is also a point where one of the players goes all in preflop and Dwan figures it is because he doesn't want to see a flop because of his prop bets. Dwan read him perfectly.

The prop bets were worth more than the pots for the first week. However, now that the blinds have gone up - the pots are getting bigger.

Perry, that's true, at least about the CASH game on PAD. Somehow they don't create a good feeling "cash game" atmosphere as they do on High Stakes Poker show.

But PAD is a great watch when they are playing the $20K 6-handed SitNGo.

And I really think that part of their real purpose on PAD and those prob bets is to try and set their "table image" as "cavalier with money". My take is that somehow they think if they can show they can fling around the biggest cash on nothing, then that impresses people, and even each other maybe.

Since when do gamblers not treat money cavalierly?

Just askin'.

N.D. -- I guess what I mean is it doesn't seem likely they would treat their own money that way. I am emminently suspicious of a TV programs where poker players are on the tube supposedly betting with their own money and bet up the pot to a million cash dollars - to me that lacks credibality. It's a show, pure and simple, put on to entertain us. I would emagine they get a decent income from their appearences otherwise why would they keep showing up?? Like alot of TV viewers, I record the program while I sleep and watch it during the day so the commercials get double showings and I say the income is good for the producers. If those poker players don't get paid - they would be stupid and I don't think they are. If nothing else I would expect they are guaranteed to NOT loose any money.

This is my take on the program. It would be a better show IMHO if it was a SnG format instead of a cash game as mentioned by EAN.

the sng format is soooo boring, the cash format is the only time I watch the show. Honestly these people are all mega millionaires how the hell do you think they arnt playing with their own money??? LOOOOLLL.... jesus

they do prop bets because many of them are gamblers at heart too and have the massive bankroll to support it, they want to make money as they play poker, prop bets are very fun too.

the prop bets were intresting to see. Different kind of entertainment to watch while watchin poker.
But to tell u the truth u could tell ivey was raising more with red cards to try and catch a red flop for $50k.

We have no way to know just how big these guys' net worth is. Ivey's been known to play high stakes craps. That's not counting all the high stakes sports and prop betting that goes on...

I just have a feeling that for some of these guys a million dollars just isn't that much. For some of them, if a beggar asked for a buck, he'd be as likely to get a hundred dollar bill.

On top of that there's image to consider. If they present themselves as devil may care gamblers among friends, then when a whale shows up he may just throw even more money their way.

It seems they've no problems whatsoever with losing money to a friend. I guess it's sort of like keeping things in the family.

Honestly I think they are kind of entertaining and why shouldn't they be able to make bets at the table. These guys are playing for their money--I just feel privileged to be able to watch great players in action.

This is their own money. It's hard for those of us who don't have this kind of money to comprehend but it's theirs. Prop bets are very common, we do them at the casino I play at all the time. We bet on the 72 winning the hand, how many times someone will run into the glass door leading to the bar, all kinds of things.

I run into that door at least once each night i play there.How much have you made off me so far? lol




Snow

i hate how they have prob bets that they can't really afford in reality most of the players there don't have more than 10 mil.

yeah but they just do it for entertainment and to cure there own gambling curiosity

It is not ALL their own money. Since you know how common prop bets are, then you also know even more common is the "deal making" that goes on. And part of those deals for for their "appearance fees", since they are enabling the show to go on TV, and the show has very little overhead compared to most shows, etc.

Some have admitted it, but the show does not want to widely publicized.

Yes they probably get paid to be on the show but that doesnt mean it isnt there money.
When your at work and get paid then take the money to the casino to play are your playing with your money or your bosses?

The Pros are millionaires several times over. Dwan just won a 1.1 million pot against Ivey in Europe. They still practice bankroll management. To enter a $10,000.00 event, you should have about a $500,000 bankroll.

Phil Helmuth remarked on one poker show his net worth was down to 100. It is assumed he was talking about 100 million dollars. Helmuth is considered dead money in a cash game. Cash game players who win high stakes games win hundreds of thousands in a few hours.

the props are a lot more complex than just red/black.... there was an old post on Full Contact where Daniel Negreanu explains it...(and it's still a bit confusing...) see http://www.fullcontactpoker.com/poke...1&hl=prop+bets