To get a better understanding of video poker, it is necessary to look back at its history. The first video poker games sprung up in the 1970s. These were physical machines, emerging during the same era as personal computers. The first such machines came from Fortune Bell Company. However, it wasn’t until 1979 that video poker machines began to breach the mainstream.
In the early 1970s, when video poker was introduced and was still struggling for acceptance, the machines were usually referred to as "poker slots." And video poker has a lot in common with slot machines. They are easy to use, requiring no interaction with a dealer or with other players. Card combinations, like slot reels, are governed by a random-number generator.
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’.
So far we have looked at low variance and moderate variance video poker games. Low variance games have the advantage of a smaller bankroll size requirement and relatively simple video poker strategy. This comes at the cost of playing a somewhat boring game. Moderate variance video poker games are more exciting to play because they have more high paying winning hands. The excitement factor is offset, however, by higher bankroll requirements and somewhat more complex playing strategy.
If you choose the machine on the right, you'll lose your money six times faster! And your chances of winning will be far less. If the reason isn't obvious then consider this: If the player is getting back 99.54% and 97.29%, that means the casino is keeping 0.46% and 2.71%. The casino profit on the second machine is 2.71 ÷ 0.46 = 5.9 times higher.
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.
The best video poker machines, played skillfully, offer odds that rival any table game. The basic game, Jacks or Better, in its full-pay version returns 99.5 percent with optimal play over the long haul. Other machines, especially some versions of Deuces Wild, offer a positive expectation to the player -- that is, over the long haul, they'll return more than 100 percent with optimal play.
We probably won't make the straight flush, but all the occasional times with a hand like this that we turn it into a regular flush, regular straight, or three of a kind -- along with the infrequent straight flush -- make holding the three to a straight flush a better play than throwing everything away and hoping for a miracle from five brand-new cards.