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Two major factors determine the characteristics of a video poker game. They are the payback, which can also be stated as return or calculated from the house edge, and the variance or volatility. We examined how payback (or return) and house edge are inter-related in the last section. In this section we will look at the other half of what defines a video poker game – variance or volatility.
A straight is a hand with consecutive ranks, like 9? 7? 10? 8? 6?. Notice again that the cards don't have to appear in order. The order of face cards, from lowest to highest, is Jack, Queen, King, Ace, which we abbreviate J, Q, K, A. An ace can also count as 1, to complete a straight where the other cards are 2, 3, 4, and 5. But it can't count as both a low and a high card, e.g., Q K A 2 3.
There are several different versions of video poker, all of which come with extremely favourable odds for the player (even positive expectation by some estimates). See which variants present the best edge with our overview of video poker variants (along with pay-tables). All pay-outs are calculated according to betting five credits and assume ‘optimal’ play.
For more precise and even better odds, below is a table telling you exactly which cards to keep and which to throw away depending on your starting 5 cards. To read the table, start at the top and match your hand to the highest one on the list and follow the number listed there. In other words, while you may have both a pair and four cards to a flush, such as having the Ace of hearts and the Ace, King, Queen, and Jack of spades (AAKQJ) you will discard the Ace or hearts and try to hit the royal straight flush, since "four-card royal straight flush" is higher on the chart than "High pair."
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.
The don'ts are mainly related to making sure you do not end up losing more than you can afford when playing. If you have lost your daily budget it is important to call it quits for the day. Chasing your losses is a bad idea as it can lead to even more losses. You should also avoid drinking too many alcoholic beverages as this can lead to making strategy mistakes and bad decisions.
Video poker caught on because it appeared to be easier and less intimidating to play than table games. Video poker games are like slot machines except the players have a say in the outcome. The rules for play were simple; place a bet, deal a hand, select the cards to hold, draw replacements, and see the results. These playing rules are much simpler than all of the myriad bets that are available while playing live casino craps for example. In live casino or online video poker play there is no such thing as a pass line or come bet, a don’t pass or don’t come bet, place bets, lay bets, field bets, “yo-eleven” bets, whirl bets, big red, hard way bets, hop bets and the list goes on.
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.
Each VP variety and paytable has its own strategy. The strategy for Jacks or Better is different from that for Deuces Wild, and within each style of machine, each paytable can have its own strategy. Learning all those strategies is tedious, so I recommend you figure out which video poker game you like best, and then learn the strategy for it. If you get bored with that game then you can learn another strategy at that time. For now, let's start out with an lesson on Full-Pay Jacks or Better. I chose this game because:
Video poker follows the same hand ranking rules as regular poker with Royal Flush being the highest hand. It is also important to note that in video poker, it is the hand that matters regardless of the value of the cards forming it. For example, a pair of Aces will pay the same as a pair of Jacks and a Straight from 9 to K will pay the same as a straight from 2 to 6. Here is the poker hand ranking in a descending order:
Video Poker is a game that requires skill and it bridges the gap between slot machines and table games for many players. In most casinos video poker machines, when played correctly, offer a lower house edge than the slot machines. Over the last few years, video poker has been gaining in popularity and the casinos are adding more machines to the gaming floor. When video poker machines first appeared on the casino floors in the late 1970’s the only game offered was Jacks or Better draw poker. Today there are over 100 variations of video poker.
Because video poker is basically the integration of poker and slot machines, its history can be traced back to the invention of the slot machines itself. Charles Fey is the father of the slot machine. His slot machines had numbers on it and not poker hands. These coin-operated machines were developed in the U.S. in the 1800s and were very popular in saloons and cigar stores, especially in San Francisco.
6. Pair of jacks or better. Discard the remaining three cards. Sometimes players who are used to playing table poker want to keep a high-card "kicker" to the pair -- for example, holding an ace along with two queens. Don't hold a kicker in video poker; give yourself the maximum chance to draw a third high card, or even a full house or four of a kind.
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.
So far we have looked at low variance and moderate variance video poker games. Low variance games have the advantage of a smaller bankroll size requirement and relatively simple video poker strategy. This comes at the cost of playing a somewhat boring game. Moderate variance video poker games are more exciting to play because they have more high paying winning hands. The excitement factor is offset, however, by higher bankroll requirements and somewhat more complex playing strategy.
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.