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.
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.
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There are two popular types of video poker games. The most popular video poker games offer a single player poker experience, including 5-card draw poker games, and can be found in most online or land-based casinos. This type includes Jacks or Better, Tens or Better, Joker Poker, Deuces Wild, Joked and Deuces Wild and Bonus Poker among others. The second type is a casino poker game that involves the player and the dealer, such as Caribbean Stud poker, which can only be found online. Each game has its own gaming procedure and rules.
Use a player card, and know the benefits of doing so. Casinos reward points for every penny bet in any machine, and those points can be redeemed for free play or comps. Free play rebates usually run from 0.1% to 0.33%. There are lots of other benefits for using a player card, like discretionary comps, free play mailers, drawings, and tournaments. If you don't use a card, there will be no evidence trail that you played, so you'll never get any of the freebies. This advice goes for any form of gambling. Finally, contrary to popular myth, the machines don't pay worse if you put in a card. The odds are the same whether you use a player card or not.
So far you have learned how video poker started and grew. You have learned the basics of video poker play including return, house edge, and variance. You have learned how randomness actually works. You have also learned about several categories of video poker games that are available today. Plus you now know some methods of determining how large a bankroll you will need to play your video poker game of choice.
Video poker is a popular form of gambling that provides an edge to skilled players. If you play a game with acceptable pay tables, use optimum strategy, and receive comps for your play, you can generate a slight return on your money over the long term. Video poker is often praised over slot machines, because the return on your money and odds of winning a hand are higher.
Press “deal” to start gambling. If you’re playing “Jacks or Better” the machine will deal you five cards from a deck of 52 cards. However, other kinds of poker games such as “Deuces Wild” and “Joker Poker” have jokers in the deck. This could lower your chances of getting the cards you want. Therefore, most people prefer to play “Jacks or Better.”
One nice thing about video poker is you can know the return of the machine even before you start playing. On a typical video poker game, the casino's average profit on each play is about 3%. That's called the house edge. The return is the part that's returned to the player. So if the casino gets 3% of all money bet, the players get back 97% of all money bet. The return on a video poker machine is determined by the paytable. Just compare the paytable to the list at Wizard of Odds and you'll see that, for example, the Jacks or Better paytable above means that the return on that machine is 99.54%. If the paytable showed only 8 coins for the full house and only 5 for the flush, it would be a 97.3% machine.
In order to pay for the increased pays for four of a kind hands, other pays have to be lowered. In Bonus Poker pays for the full house and flush are reduced to eight for one and five for one from nine for one and six for one respectively on the full pay Jacks or Better game. This makes the return from the “full pay” version of this game 99.17 percent. This is certainly not as good as a full pay Jacks or Better, but it is still not bad.
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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.
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.
Slot machines are extremely popular. One of the reasons for their popularity is that they are easy to play. The only skill that is necessary is to be able to insert money into the game and press a button or pull a lever to start play. That is it. From that point on, everything that happens depends on luck. The results of slot machine spins are based totally on randomness. The instant the slot player presses the spin button the result of that spin is locked in. Whether it is (most likely) a loser, a small winner, a moderate winner, or a jackpot winner has already been decided. Slot players can do nothing to change the odds either for or against them.
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.
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.
Prior to this chapter you have learned everything you need to know about video poker in order to begin live casino play. You now know how the various dierent video poker games work. You learned about bankroll sizes. You learned about strategy charts; how they are developed and how they are used for live casino play. You now have all the tools you need to become a successful player of live casino video poker – or even online video poker for that matter.
Tap any cards that you want to keep. You will see some indication that the card you have selected has been held. When you’re satisfied with your selection, hit the ‘draw’ button to receive your final poker hand. If you’ve managed to land a poker hand with at a least the value of a pair of jacks, then you will be paid according to the pay table as presented with the game.