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Like most great casino games, online video poker takes a simple concept that requires a combination of luck and skill. Players who enjoy video poker games are often very passionate about playing these machines. But to get the best odds possible, you’ll need to have a deep knowledge of video poker strategy. This can help you to increase your chances of winning on a consistent basis.
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.

Why do casinos offer games that can be beaten? Because only a very small percentage of players know the basics of proper play. Enough mistakes are made that the casinos actually pay out 2 to 4 percent less than the expectation for skilled players. In competitive markets, casinos walk a tightrope between two choices -- offering a pay table so good that the best players can expect to make a profit in the long term, or offering lower pay tables and risk driving away the weaker players who are the casino's bread-and-butter customers. In less-competitive markets, where the demand for space to play is great, casinos will offer lower-paying machines because they will be played despite the low payoffs.
Once I put $100 into a $0.25 machine and played it for a while.  I played it down to zero credits, and then I hit Four of a Kind, which saved me.  I played that down to zero again, and then I hit Four of a Kind again.  I played it down to zero credits a third time, and then hit Four of a Kind a third time!  But that was the end of my luck.  I didn't get it a fourth time, I just went bust.  Still, that was pretty unusual.
Caribbean Stud poker is also a 5-card poker game but players must beat a dealer. In this game, players will also place an Ante bet before they are dealt the cards. They will then get 5 cards facing up, while the dealer will get 4 cards facing down and 1 card facing up. Players will then decide if they want to fold or if they wish to call. If they call, they will place another bet that is equal to twice the original bet. If they call, the dealer’s final poker card will be revealed and the showdown will take place. In order for the dealer’s hand to qualify, it has to at least have an Ace and a King. If the hand does not qualify, the player will win regardless of his hand. Some games might also offer a progressive jackpot that is triggered when players achieve a royal flush.
Just as in the quick version, a few hands are never broken up. Obviously, if you're fortunate enough to be dealt a royal flush, you hold all five cards and wait for your payoff. (On payoffs this large, the machine will flash "Jackpot!" or "Winner!" In these cases the winnings will be paid by an attendant rather than by the machine. Do not put more coins in the machine or attempt to play another hand before you are paid for the royal flush.)

Video Poker is the only game in the casino that actually shows you the information you need to determine the house edge and develop the proper playing strategy to attain the highest return possible. Most video poker players are totally unaware of how to use the information available to their advantage. They will plop down on any close or convenient machine and play by hunches in the hope that they will get lucky. This guide is written to help players get the most out of their video poker playing efforts.
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.
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.
The same games that players can enjoy in brick-and-mortar establishment are also available at online sites. Video poker games offer the same great odds and exciting, strategic gameplay whether you play them in person, or if you opt for video poker online instead. This makes them an excellent choice for any online gamblers who like playing games where they have an input on every hand.
Once you’ve paid your credits, you will be dealt your initial cards. In almost all games, the machine is a simulation of five-card draw, meaning you’ll be given five cards from a standard 52-card deck. One or more jokers may sometimes be added as well. The object of poker video games is to make the best five-card hand possible. You’ll need a certain qualifying hand to win a prize; in the game Jacks or Better, for instance, you’ll need at least a pair of jacks to win something. The better the hand, the more you’ll win.
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.
After studying this payout and odds table, it is notable that there is an inequality between the odds and the payouts of some hands despite the fact a Full House is more likely to happen than a straight or a flush, but pays more than these two hands. It is clear from the pay table that hands that are not likely going to happen pay more while hands that are more likely to happen pay less. Despite this, the game is in the favor of the player, which is why it can be only found online or at big land-based casinos. You are surely not going to find them in bars or other small gambling venues.
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.
Winning hands can often be gambled via a ‘higher or lower’ game. UK players will be familiar with this concept as it was used in the popular 70s/80s quiz show ‘Play Your Cards Right’. A single card is dealt and the player must guess if the next card in sequence will be higher or lower. If they choose correctly, their prize is doubled. Choose incorrectly, and all winnings for that hand are lost. Players can usually gamble in this way up to five times in succession.
Online gambling is largely unregulated in the U.S.  That means the casinos serving U.S. players generally don't answer to anyone.  If you have a problem with a casino (like they won't pay you), then you're usually out of luck.  I can't count how many players have written to ask me for help because they didn't get paid by some other casino.  (Not that I helped them—if a dodgy casino won't pay you then you're on your own.)
In the right circumstances, however, the player sometimes will break up a flush, a straight, or a pair of jacks or better. If you do not have one of the "always keep" hands, use the following list. Possible predraw hands are listed in order. Find the highest listing that fits your predraw hand, and discard any cards that do not fit the hand. For example, if your hand includes jack of spades, jack of diamonds, 10 of diamonds, 9 of diamonds, and 8 of diamonds, you have four cards to an open straight flush in diamonds, and you also have a pair of jacks or better. The four-card open straight flush is higher on the list than the pair of jacks or better, so you would discard the jack of spades and draw to the four-card straight flush. You are giving up the certain 1-for-1 payoff for a pair of jacks, but you have a chance at a straight flush with either a queen or 7 of diamonds, could draw a flush with any other diamond, or still could finish with a pair of jacks by drawing the jack of either clubs or hearts.
The process of listing hands with an ever lower average return continues until the average return for the hand is less than the average return for a totally new hand. The word “Redraw” or words to that effect are placed at this point in the strategy chart. This means you will get a higher return by totally replacing your hand than by trying to make something of it. The strategy chart is now complete.
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