So far in this guide you have learned how video poker started and grew. You have learned the basics of video poker play including return, house edge, and variance. You have learned about how randomness actually works. You now know how to determine your bankroll size. You may even know what specific video poker game (or games) you want to play. If you do not, you have some idea how different video poker games behave and their major characteristics.
You learned in chapter 3.4 that the variance of a multiple play game increases as the number of lines played increases. The variance of a single play game is lower than the variance of a three play game. The variance of a five play game is higher than the variance of a three play game, and so on. In this section you will find out specific bankroll sizes for a couple of games at a different number plays for each game.
Video Poker is the only game in the casino that actually shows you the information you need to determine the house edge and develop the proper playing strategy to attain the highest return possible. Most video poker players are totally unaware of how to use the information available to their advantage. They will plop down on any close or convenient machine and play by hunches in the hope that they will get lucky. This guide is written to help players get the most out of their video poker playing efforts.
All this changed in the early 1980s when SIRCOMA, the company that would eventually become International Game Technology, decided to concentrate on perfecting the video poker console. This turned out to be a Vegas-shattering success, as it gave poker players who felt intimidated while playing on casino tables the chance to play their favourite pastime against a faceless ‘opponent’.
Two major factors determine the characteristics of a video poker game. They are the payback, which can also be stated as return or calculated from the house edge, and the variance or volatility. We examined how payback (or return) and house edge are inter-related in the last section. In this section we will look at the other half of what defines a video poker game – variance or volatility.
A straight is a hand with consecutive ranks, like 9? 7? 10? 8? 6?. Notice again that the cards don't have to appear in order. The order of face cards, from lowest to highest, is Jack, Queen, King, Ace, which we abbreviate J, Q, K, A. An ace can also count as 1, to complete a straight where the other cards are 2, 3, 4, and 5. But it can't count as both a low and a high card, e.g., Q K A 2 3.
Had purchased "The Ultimate Video Poker Experience" as gift for my husband and it was very disappointing for him - you can read my review of it here on Amazon. This one, however, he is thrilled with. He goes to Vegas quite often (I don't go) and loves the video poker slots so wanted some coaching on making the correct choices when playing. We thought the other game included a tutorial but it didn't - that was just one thing. This one lets you play, but if you make a "move" that is not wise, it will stop you and help you choose the right move. Then, if you have done so, it will let you continue on. This is just what he wanted and he is very pleased with it. Good variety of games to choose from. Fast shipping too; we got it in no time.
Video poker made its entry to the casino in the seventies; and is today one of the most popular forms of gambling. For the player who likes a game of skill, a low house edge, the possibility of large wins, and the anonymity of playing alone there is nothing else that can compare to video poker. The rules of video poker are simple; you play 1 to 5 coins, the machine give you five cards, you choose which to hold and which to discard, the machine replaces your discards and pays you off according to the value of your hand.
The way video poker strategies are usually expressed is a list of hands you might get on the deal, in order from best to worst. For any given hand, look up all viable ways to play it on the list and go with the one that is listed first. If you don't see a play listed, like suited 10/A, then never play it. Here is such a strategy for Jacks or Better.
Use a player card, and know the benefits of doing so. Casinos reward points for every penny bet in any machine, and those points can be redeemed for free play or comps. Free play rebates usually run from 0.1% to 0.33%. There are lots of other benefits for using a player card, like discretionary comps, free play mailers, drawings, and tournaments. If you don't use a card, there will be no evidence trail that you played, so you'll never get any of the freebies. This advice goes for any form of gambling. Finally, contrary to popular myth, the machines don't pay worse if you put in a card. The odds are the same whether you use a player card or not.
After studying this payout and odds table, it is notable that there is an inequality between the odds and the payouts of some hands despite the fact a Full House is more likely to happen than a straight or a flush, but pays more than these two hands. It is clear from the pay table that hands that are not likely going to happen pay more while hands that are more likely to happen pay less. Despite this, the game is in the favor of the player, which is why it can be only found online or at big land-based casinos. You are surely not going to find them in bars or other small gambling venues.
Video Poker belongs to the small number of casino games, where thousands of players manage not just to make a living playing it, but to end up in possession of tremendous amounts of money. At the same time, tens of thousands of players around the world are in possession of sufficient knowledge of the game, so that they are able to have an astonishing experience during casino vacations, while also being able to take advantage of other benefits – and all that at a much lesser price than retail.
Not all video poker games are created equal, and it pays to do a little looking around. If you have several online casinos where you like to play, take the time to check pay tables before you start wagering. Those who play in brick-and-mortar casinos should do the same – I’ve often found higher and lower pay tables on the same game in different areas of one casino.
Why do casinos offer games that can be beaten? Because only a very small percentage of players know the basics of proper play. Enough mistakes are made that the casinos actually pay out 2 to 4 percent less than the expectation for skilled players. In competitive markets, casinos walk a tightrope between two choices -- offering a pay table so good that the best players can expect to make a profit in the long term, or offering lower pay tables and risk driving away the weaker players who are the casino's bread-and-butter customers. In less-competitive markets, where the demand for space to play is great, casinos will offer lower-paying machines because they will be played despite the low payoffs.
Caribbean Stud poker is also a 5-card poker game but players must beat a dealer. In this game, players will also place an Ante bet before they are dealt the cards. They will then get 5 cards facing up, while the dealer will get 4 cards facing down and 1 card facing up. Players will then decide if they want to fold or if they wish to call. If they call, they will place another bet that is equal to twice the original bet. If they call, the dealer’s final poker card will be revealed and the showdown will take place. In order for the dealer’s hand to qualify, it has to at least have an Ace and a King. If the hand does not qualify, the player will win regardless of his hand. Some games might also offer a progressive jackpot that is triggered when players achieve a royal flush.
Elsewhere on this site I show you how to figure your average loss for an hour of play. In summary, you multiply the house edge by the bet size by the number of rounds per hour. On a 9/6 quarter Jacks or Better machine with proper strategy, that would be 0.5% x $1.25 (remember we're playing 5 coins at a time) x 400 hands per hour = $2.50 per hour. Not bad. Except that the formula doesn't work for video poker in the short term. That's because you'll hit the royal only once every 66 hours on average, and while you're waiting for the royal, the return on the game isn't ~99.5%, it's ~97.5%. So you're more likely to lose 2.5% in the short term rather than 0.5%. So we can expect our hourly loss to be closer to $6.25/hour than $1.25/hour while we're waiting for the royal. Still, $6.25/hour is pretty cheap. On a slot machine your loss would be closer to $40 an hour. So you can see why I'm so eager to switch you from slots to VP.