Use a strategy list. A strategy list is like a cheat sheet, that has all of the different ways you can win in a poker game in a list ranked from best hands to worse hands. Using a cheat sheet will help you determine which cards to keep and which cards to exchange for new cards. For example, if you have the opportunity to go for a straight with an outside straight, or you have the opportunity to go for three to four of a kind with a pair, a low pair is ranked higher on the list so that is what you should choose.
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.
Joining the slot club will give you additional rewards for all of your play so it is well worthwhile since you would be playing anyway. Setting a budget is a crucial step as you should only ever gamble with money you can afford to lose. You should also expect that even with the best possible pay tables you will not win on every session you play - that's why it's called gambling.
There are five columns in the paytable because your winnings depend on whether you played 1, 2, 3, 4, or 5 coins. Note that there's a bonus for the Royal Flush. Instead of winning 1250 coins (5 coins x 250), you win 4000 coins. So you should always play five coins ("Max Bet") when playing video poker. If you can't afford to play five coins at a time, switch to a lower-denomination machine. (Yes, this is opposite of our advice about slots, and that's because the penalty for not playing max coins in video poker is greater.)
The don'ts are mainly related to making sure you do not end up losing more than you can afford when playing. If you have lost your daily budget it is important to call it quits for the day. Chasing your losses is a bad idea as it can lead to even more losses. You should also avoid drinking too many alcoholic beverages as this can lead to making strategy mistakes and bad decisions.
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.
Once I put $100 into a $0.25 machine and played it for a while. I played it down to zero credits, and then I hit Four of a Kind, which saved me. I played that down to zero again, and then I hit Four of a Kind again. I played it down to zero credits a third time, and then hit Four of a Kind a third time! But that was the end of my luck. I didn't get it a fourth time, I just went bust. Still, that was pretty unusual.
Since there are a lot of games that offer different paying hands, gamble features and wild cards, it is essential to check the rules and the paytable of the video poker game before you start playing. Knowing the minimum paying hand is quite important. The names of some video poker games might give you a clue, such as Tens or Better (a pair of tens is the minimum hand) and Jacks or Better (a pair of jacks is the minimum hand). For other games, it is essential to check the paytable and know the minimum paying hand because it will affect your decisions during the game.
Oh boy, we have two high cards! We'll hold both of them, because then we can make a pair by drawing either a Jack or a Queen. True, we're only gonna get three more cards for a potential match rather than four this way, but our odds are still better for making our pair. We might also get a full house if we're lucky. This was play #13 in our list above.
Another type of strategy could favor winning as many hands as possible regardless of the amount of the win. For example, any time a high pair is dealt it would be saved even if there were decent shots at a royal flush or other higher paying results in the same hand. This type of strategy may find the player winning more hands, but the amount won per hand would be significantly less than is possible.
We think video poker games are far superior to slot machines for various reasons. The most important of these reasons is the better odds that are offered. The best slot machine in a casino probably only has a 94% or a 95% payback percentage. Most video poker games start with that kind of payback percentage, and a huge percentage of these games offer better payouts than that.
The process of listing hands with an ever lower average return continues until the average return for the hand is less than the average return for a totally new hand. The word “Redraw” or words to that effect are placed at this point in the strategy chart. This means you will get a higher return by totally replacing your hand than by trying to make something of it. The strategy chart is now complete.