You will also learn the layout and importance of the pay table, as well as how to properly bet while playing video poker. You will learn and understand payback, return, house (and player) edge. You will learn about the implications of variance, sometimes called volatility. You will also learn what the term random really means when playing video poker.
The strategy below is the Wizard's simplified strategy for Jacks or Better.  You give up just a tiny part of the return (99.46% instead of 99.54%) and in exchange you get a strategy that's much, much easier to learn and remember than the perfect strategy.  The 0.08% penalty costs you only $0.60 per hour of play on average, assuming a quarter machine played at 600 hands per hour.
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. 

One advantage that video poker has over regular slot machines is that you can determine the return of the game by reading the pay table on the front of the machine. Most video poker games use the combinations of hands that can be made from a standard 52 card deck. I say most because there are some Joker Poker Games that use one or two Jokers added to the 52 card deck. One popular variation of the game is Deuces Wild which uses a 52 card deck but the deuces are wild cards. With a set number of combinations that can be made from the cards used in the game, the payout can be calculated by how much the machine pays for each winning combination.
The denomination of a video poker game is the amount of money that is counted as one credit. Game denominations can run from as little as one cent up to $100 or more. That is quite a range! Obviously the denomination of the game you play will impact you bankroll requirements. In most cases the impact of the game’s denomination on your bankroll is fairly straight forward. In other cases, not so much. Let’s take a look.
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.
Two important points to remember: Don't overbet your bankroll, and if a machine is available at which you feel comfortable playing the maximum number of coins, do so. If you are sitting down to play with $20, you don't belong at a $1 machine that will take up to $5 at a time. It is better to play five quarters at a time than one dollar at a time. Though video poker machines pay back a high percentage of the money put into them, the payouts are volatile. It is not unusual to go five or ten or more consecutive hands with no payout. Don't play at a level at which you do not have the funds to ride out a streak.

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.
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.
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In video poker, just like regular poker, you will be given five cards. With those five cards you'll want to achieve a winning poker hand (royal flush, straight, full house, flush, four of a kind, three of a kind, two pair, jacks or better). To do this, you'll have the opportunity to keep certain cards in your hand and exchange others to gain new cards that may help you gain a winning poker hand.
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Press “deal” to start gambling. If you’re playing “Jacks or Better” the machine will deal you five cards from a deck of 52 cards. However, other kinds of poker games such as “Deuces Wild” and “Joker Poker” have jokers in the deck.[7] This could lower your chances of getting the cards you want. Therefore, most people prefer to play “Jacks or Better.”
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. 

Video Poker is based on the game of draw poker and has virtually the same rules except that you are not playing against any other players. The machine deals five cards on the screen. The player then has the option of drawing up to five new cards. (In some instances you may not want to draw any new cards) You keep the cards you want to keep by pushing the “hold” button that corresponds to the card on the screen. When you have made your choice you hit the “deal” button and the cards you discarded will be replaced by new cards. Your win or loss is determined by the outcome after of your final hand after you hit the draw button. How much you win is based on the pay table that is posted on the front of the machine.
You may have heard the adage that the "house always has the advantage." Video poker is an exception to that rule. If you look for the most liberal pay tables, and play them properly, you can have a thin advantage. Some pay tables, which are slightly in the machine's favor, can return over 100%, if you factor in incentives such as cash back, free play, mailers, and other comps.
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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.
You will also learn the layout and importance of the pay table, as well as how to properly bet while playing video poker. You will learn and understand payback, return, house (and player) edge. You will learn about the implications of variance, sometimes called volatility. You will also learn what the term random really means when playing video poker.
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