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.
Progressive games are different than any other type of game presented in this chapter of the guide. Any of the other games presented can be played at any time. The bankroll requirements will be the same. The variance will be the same. The strategy will be the same. They will all be the same regardless of when you start playing the game. They will be the same regardless of how long you play the game. Bankroll size, variance, and strategy will never change for the duration of your play because nothing about the game changes. Each winning hand pays the same for each hand on which it occurs.
Video poker is a very volatile game, about four times as much as blackjack. In any form of gambling, short-term results mostly depend on normal mathematical randomness (what some might call luck). However, in the long run, results mostly depend on skill. If you play a game with a return of 100.76% perfectly, that does not mean that you will have a 0.76% profit every time you play. The 100.76% is an EXPECTED return. Much in the same way, if you flip a coin ten million times, the expected number of tails will be five million, but it is unlikely you will hit five million on the nose. Actual results will vary significantly from expectations, but the more you play, the closer your actual return percentage will get to the expected return.
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