Video poker is a popular form of gambling that provides an edge to skilled players. If you play a game with acceptable pay tables, use optimum strategy, and receive comps for your play, you can generate a slight return on your money over the long term. Video poker is often praised over slot machines, because the return on your money and odds of winning a hand are higher.
4. Play Deuces Wild and turn the tables – While Jacks or Better may be the most common video poker game, players can actually gain nearly a 1 percent edge on a full pay Deuces Wild machine. Look for games that pay 9 coins for a straight flush and 5 for four of a kind. Play perfect Basic Strategy and suddenly you’re in the driver’s seat. A variation is an 11/4 machine, also a nice option for good players — with a miniscule house edge of only .004 percent.
JOKER POKER – Also know as ‘Joker’s Wild’, is played with a deck containing 53 cards in which one of them is a joker and can be used as any card when drawn. The lowest possible winning hand is a pair of kings, and Five of a Kind and a Wild Royal Flush are added to the the mix just as with Deuces Wild. Again, if the pay table is set correctly, the player actually has a 0.64 percent edge over the house with perfect strategy. There are also self-explanatory sub-variations of Joker Poker known as Kings or Better, or Two Pairs or Better.
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.
Think about how normal video poker play goes. After depositing your initial amount, you start playing hand after hand. Most often you lose your bet. The next most frequent occurrence is to simply get your bet returned by hitting a high pair (or sometimes two pairs) that returns 1 for 1. You will also hit other higher paying but less frequent hands. In each case, however, unless you hit a royal flush or other very high paying hand such as four aces with a kicker, the amount you win is not enough to cash out and be considered a good win for the day. Instead, all of these lesser wins are really just extra money that allows you to play a few more hands in order to try to win the jackpot sized hand(s).
As you learned in chapter one, this game and others that followed were developed to satisfy the gambling public’s quest for larger jackpots. Jacks or Better has only the royal flush as a true jackpot. In that game any four of a kind pays enough for you to play 25 additional hands so they are not really jackpots, although it really helps out. Bonus Poker on the other hand pays 80 for one for four aces. On a quarter machine this amounts to $100 with five credits played. While this is not a huge jackpot, it is enough to make you feel like you have won something substantial and you may even decide to stop playing at that point with what you consider a nice win for the session. Also, where the royal flush happens only once every 40,000 hands or so, four aces will occur roughly once every 5,100 hands, which is eight times as often. Playing at a rate of 500 hands per hour, the Bonus Poker player will get four aces once every 10 hours of play, on average.
By now you have all the knowledge you need in order to begin your successful journey playing video poker. You know about how the pay table gives you important information about the characteristics of each game. You understand the importance of having an adequate bankroll and how to determine the proper size of that bankroll. You understand what a strategy chart is and how the video poker strategy is developed in order to allow you, the video poker player, to extract everything that you can from the casinos. You know how to use a strategy chart in order to obtain those results.
Know how to play a basic game. Video poker is simple and similar to regular poker in that you are aiming for a hand that will give you the most return. To play video poker you will tap on the cards you wish to keep or on a button on the console, and then draw cards you wish to replace. You win by having a traditional poker hand, and the amount you win is determined by the machine you are playing on.
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.
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.
In the early 1980s, Si Redd and his new International Gaming Technology entered into a licensing agreement with Bally's Manufacturing that gave IGT exclusive rights to manufacture video poker machines. Few people recognized the potential at the time, but that gave IGT the boost it needed to become Bally's main competitor in producing electronic gaming devices. Today IGT and Bally's both produce video poker machines, and their machines take up most of the floor space devoted to electronic gaming devices across the country.
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Playing hunches or streaks may work for a hand or two (or possibly even a session or two), but far more often these tactics will not work. In fact, by employing these types of playing strategies, you will end up giving the casino even more of your hard earned money than you need to. Only by using mathematically derived video poker playing strategies will you get every cent you can from your video poker play over the long run.
So far 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 how randomness actually works. You have also learned about several categories of video poker games that are available today. Plus you now know some methods of determining how large a bankroll you will need to play your video poker game of choice.
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.