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The play is simple: You're dealt five cards. You decide which ones to keep by tapping the pictures on the screen or pressing buttons on the console. Then you hit the DRAW button and you get replacement cards for the cards you didn't keep. You win if you wind up with a traditional poker hand like two pair, straight, flush, etc. (We'll explain these below for those new to poker.) The amount you win per hand depends on the paytable of the machine you're playing. Here's a sample paytable.
Multi-hand video poker games have become popular at online casinos in recent years. This allows you to play up to 100 hands at one from the draw. If, for example, you hold two aces before the draw and play 100 hands, you can play all 100 hands with two aces and three newly drawn cards. This is very beneficial if you are dealt a winning hand before the draw.
Although you will not be able to make the calculations in your head, there are software programs, strategy cards, books, and websites where you can obtain the information you need to determine the payouts for each paytable. By knowing how to read a pay table, you can make sure you are playing the machine with the best return. Some casinos will put two identical machines that have different pay tables next to each other. You want to make sure you are choosing the one with the highest return.
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.
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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.