Bad beats have always been one of the most complex situations in poker, as it profoundly affects the psychological side of the player. Hence, some rooms have launched insurance options for particular hands. GGPoker had the All-in Insurance, but on April 29, the site replaced it with EV Cashout. What are its features? We study in this article.
The EV Cashout appears in the hand of the cash table in any format (except for AoF). Some conditions apply:
If all these conditions have been met, the "Cashout" button appears. You must click on it in time; otherwise, the hand will end without change.
If the insurance is accepted, the player will receive a payout (more on this later) regardless of the outcome of the hand, and the rest of the pot goes to other participants. If there are several pots at the table, only those to which the player is entitled are covered by insurance.
EV Cashout has no effect on players qualifying for the Bad Beat Jackpot if conditions have been met.
According to the formula:
EV Cash Out = (Pot Size - Rake - Jackpot Fee) x Equity
No extra commission is taken, and the payout is processed automatically after the hand ends.
Poker is a game of probabilities. The situations that fall under the terms of this insurance are already positive for the player in the long term.
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