Of course, you don’t actually have to memorize the strategies in order to play video poker reasonably well. Even if you want to play optimally, you can use visual aids whilst playing online. This is much simpler than trying to play from memory. However, as you play a particular machine more and more, you’ll find yourself relying on these ‘cheat sheets’ less and less. Instead, you’ll begin to notice that you have a better handle on the strategies needed to win on each different type of different video poker game.
Those machines are hard to find. Casinos don't like to put games on the floor that potentially lose money. Your best bet for finding these games is in downtown Vegas (not on the Strip) and at locals casinos, which have to be more competitive than Strip casinos in order to lure customers there away from the Strip. Here again, VPFree2 can help you find good-paying machines.
You won't get rich from video poker even if a machine pays 100%+. At a fast 600 hands per hour, and $1.25 per hand ($0.25 x 5 coins), that's $750 wagered per hour. If you play perfectly (no mistakes) and realize your 0.77% advantage, that's $5.78/hr. on average. You'll also need several thousand dollars of capital to fund the losses you'll suffer while waiting to hit the royal flush. Yes, if you were capitalized you could play at higher denominations, except 100%+ machines are rarely found at anything but quarters and below.
We think video poker games are far superior to slot machines for various reasons. The most important of these reasons is the better odds that are offered. The best slot machine in a casino probably only has a 94% or a 95% payback percentage. Most video poker games start with that kind of payback percentage, and a huge percentage of these games offer better payouts than that.
In order to get the most out of your video poker playing experience, it is important to understand exactly how a video poker machine operates. Don’t get me wrong, you can still be a skilled video poker player without knowing how things work inside the game. Just like you do not need to know how electricity works to turn on a light switch or plug in an appliance, it helps to make sense out of things should something out of the ordinary happen.
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.
Obviously, the more you bet, the more you will win for any given hand. With one exception, the win for any given hand and bet is proportional to the amount bet. However, notice that for a royal flush the win is 1000 for a bet of four coins and 4000 for a bet of 5 coins. The disproportionately high payoff of 800 per coin bet for a royal flush, with a five coins bet, is what economists would call an economy of scale. You will see this in almost every video poker game. If you don't bet the maximum number of coins, the cost of being short-changed on a royal amounts to about 2% of money bet, which is a lot. The wise video poker player will always bet max coins per hand.
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.