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.
In the first nine chapters of this guide you have learned all of the background information necessary to become a skilled live casino or online video poker player. You are now ready for the “meat” of this guide. This chapter is the first of six chapters that are dedicated to giving you the specifics needed to play the actual live casino or online video poker games.
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.
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.
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.