PartyPoker launches All-in Cashout feature
The European poker room PartyPoker has been in the online gambling industry for a long time. The poker room team keeps abreast, follows the trends and innovations of its competitors and tries to keep up in terms of innovation.
Not so long ago, well-known poker rooms (such as PokerStars and GGPoker) started implementing the All-in Cashout feature one by one. This feature allows you to secure your winnings in case of an all-in with good EV odds.
Representatives of PartyPoker decided to keep up with modern gambling trends and decided to add the possibility of all-in cashout to their poker room.
However, different poker rooms have different conditions for providing an EV cashout when placing, so let's take a closer look at the conditions for All-in Cashout at PartyPoker.
Read also: PartyPoker is to update its loyalty program
First of all, there is one factor that unites this feature with most other poker rooms – All-in Cashout is available only after the flop. This means that it is possible to withdraw money immediately to the stack by EV only when there are all-ins on the flop. Pre-flop, turn and river this feature cannot be used.
If a player goes all-in on the flop and has a high chance of winning, then he can use the all-in cashout. However, he will not be able to perform any further actions. And if the poker player still wins the hand, then he will receive only the amount that he agreed to when using All-in Cashout.
For example: two players are all-in on the flop and one of them decides to use an all-in cashout with a 75% chance of winning. There is $100 in the pot and if the poker player made an All-in Cashout, he will receive 75% of this amount + the poker room will take an additional 1% commission. 75% of $100 is $75 and 1% of $75 is $0.75. As a result, the final all-in cashout in this situation will be $74.25.
Key features of PartyPoker's All-in Cashout
- You cannot use All-in Cashout and Run It Twice (the second board in the hand) features at the same time;
- The minimum commission for an all-in cashout is $0.01, regardless of the amount of the pot;
- The feature is only available at Hold'em and Omaha cash tables, as well as Fastforward;
- If the All-in Cashout feature has been used, then the player will no longer be able to win the main pot, as well as the additional pot in the hand.