Strategy A, bet it all, generates big gains after the first bet, earning as much in one risk than the others do in the first seven. However, this strategy is eliminated on just the second round. The chance of making it through 500 rounds at 55% is practically impossible – although you would have earned $67 billion by bet 27.
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The house edge per full initial bet (ante + blind) is 1.09%. The average bet size is 4.15x the initial ante bet (or 2 .08x the full initial ante+blind bet), making the house edge per unit wagered 0.53%. The latter value of 0.53% is more appropriate for estimating expected loss while completing a wagering requirement. After flop is dealt, with 3 community cards — May Raise 2x or Check without raising.
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