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.
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.
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).
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.
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.
Video poker made its entry to the casino in the seventies; and is today one of the most popular forms of gambling. For the player who likes a game of skill, a low house edge, the possibility of large wins, and the anonymity of playing alone there is nothing else that can compare to video poker. The rules of video poker are simple; you play 1 to 5 coins, the machine give you five cards, you choose which to hold and which to discard, the machine replaces your discards and pays you off according to the value of your hand.
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.
As you learned in section 6.2, the arrangement of a video poker strategy chart is different. The list contains the card(s) to hold in the first five card hand that you are dealt. The top line contains the cards to hold that give the highest average return. Each line below that has the cards to hold that will produce the next highest average return. This continues until the player is better off discarding the entire first hand rather than holding anything at all.