To get a better understanding of video poker, it is necessary to look back at its history. The first video poker games sprung up in the 1970s. These were physical machines, emerging during the same era as personal computers. The first such machines came from Fortune Bell Company. However, it wasn’t until 1979 that video poker machines began to breach the mainstream.
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.
Think about how normal video poker play goes. After depositing your initial amount, you start playing hand after hand. Most often you lose your bet. The next most frequent occurrence is to simply get your bet returned by hitting a high pair (or sometimes two pairs) that returns 1 for 1. You will also hit other higher paying but less frequent hands. In each case, however, unless you hit a royal flush or other very high paying hand such as four aces with a kicker, the amount you win is not enough to cash out and be considered a good win for the day. Instead, all of these lesser wins are really just extra money that allows you to play a few more hands in order to try to win the jackpot sized hand(s).
After they place the wager, they will click on a button that says “Deal.” They will then get a poker hand that consists of 5 cards. Players will look at these cards and then decide which cards they want to hold and which cards they want to discard. They can choose the cards they want to hold by clicking on the cards themselves or the button that says “Hold” under each card. When they are done choosing the cards, they will click on “Draw.” They will then get replacement cards for the cards they did not hold which will form the final 5-card poker hand. Players will then be paid according to the paytable of the game and the bet that they have placed at the beginning.
But that is where the similarity with random slot machine play ends. The video poker player has total control over the initial five cards that have been dealt. It is his or her choice what to do with those five cards. The decisions about whether to keep all of them, discard all of them, or anything in between is totally theirs. It is actually totally yours. After all, you are the one reading and learning from this guide.
The way video poker strategies are usually expressed is a list of hands you might get on the deal, in order from best to worst. For any given hand, look up all viable ways to play it on the list and go with the one that is listed first. If you don't see a play listed, like suited 10/A, then never play it. Here is such a strategy for Jacks or Better.

An inside straight is a would-be straight with a hole in the middle. 9? 2? 10? 8? 6? is an inside straight because only a 7 will turn it into a straight.  The distinction between outside straights and inside straights is important because in Jacks or Better we will never try to turn an inside straight into a straight.  It's too hard, since we have only one chance of completing the straight.
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.
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.
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. 

Playing hunches or streaks may work for a hand or two (or possibly even a session or two), but far more often these tactics will not work. In fact, by employing these types of playing strategies, you will end up giving the casino even more of your hard earned money than you need to. Only by using mathematically derived video poker playing strategies will you get every cent you can from your video poker play over the long run.
Strategy for the game of blackjack involves knowing when to take one of four possible actions based on the two cards you are dealt. The four actions are “stand” (play the two cards you are dealt as is), “hit” (take another card to try to better your two cards), “pair split” (if you have two cards of the same rank, make two separate hands out of them by adding another same size bet), or “double down” or simply “double” (add a bet equal to the original bet and take just one additional card). The only information you have to make this decision is your two cards and the card the dealer puts face up.
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.
Video poker offers some of the best odds in the casino. It's a good alternative to slot machines since you still have the chance of hitting a big jackpot, but you're about five times more likely to actually get it.  Slot players should seriously consider graduating to video poker, because they're much more likely to win that way.  The only catch is that to enjoy the good odds, you have to learn the proper strategy.  If you just guess then you could easily do worse than with slots.  But you came to the right place, because we'll cover strategy here.
Think about how normal video poker play goes. After depositing your initial amount, you start playing hand after hand. Most often you lose your bet. The next most frequent occurrence is to simply get your bet returned by hitting a high pair (or sometimes two pairs) that returns 1 for 1. You will also hit other higher paying but less frequent hands. In each case, however, unless you hit a royal flush or other very high paying hand such as four aces with a kicker, the amount you win is not enough to cash out and be considered a good win for the day. Instead, all of these lesser wins are really just extra money that allows you to play a few more hands in order to try to win the jackpot sized hand(s).
As you have learned in the first chapter, one of the main reasons for the popularity of video poker is it usually has a considerably higher payback than slot machines. In fact some games return more than 100 percent for a skilled player. Regardless of which video poker game you play, achieving the long term return percentage is dependent on getting your fair share of royal flushes. By a royal flush I mean the royal flush that really counts – the natural royal flush that is formed without the aid of a wild card. These generally pay 4,000 credits for a five-credit bet or 800 for 1. 

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. 

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.
By now you have all the knowledge you need in order to begin your successful journey playing video poker. You know about how the pay table gives you important information about the characteristics of each game. You understand the importance of having an adequate bankroll and how to determine the proper size of that bankroll. You understand what a strategy chart is and how the video poker strategy is developed in order to allow you, the video poker player, to extract everything that you can from the casinos. You know how to use a strategy chart in order to obtain those results.
Once I hit two 4 of a Kinds back to back.  The probability of hitting it once is 0.24%.  The chances of hitting it back to back are 0.24%2 = 0.0006%, or 1 in 179,000.  That's four times less likely than hitting a royal flush.  And I would have preferred the royal!  (By the way, purists will note that after you've hit a 4 of a Kind, the chances of hitting another four of a kind is just 0.24%, not 0.0006%, but I'm considering the probability of getting two back-to-back before I get the first one.)

Some machines will give you the option of playing in a multi-hand format. In these cases, you’ll pay for all of your hands up front: if you play a 10-hand machine for five credits per hand, for instance, you’ll be on the hook for 50 credits at the start of each hand. You’ll still be dealt just one initial hand of five cards. But, after you choose which cards to discard, you will receive new cards for each of the video poker hands you paid for. These new hands are each drawn independently, so it is possible to get the same replacement cards on different hands. All of your winning hands will award prizes, just as in a standard, single-handed game.
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. 
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