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.
Video poker started to appear in 1989 when the Card Bell was developed. This game was a poker machine that paid players instantly by using combinations such as a straight, a flush and so on. In the improved design of the machine, the Skill Draw, a major feature was added — the Hold. The Hold feature has become an integral part of the video poker game of today.

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.
The denomination of a video poker game is the amount of money that is counted as one credit. Game denominations can run from as little as one cent up to $100 or more. That is quite a range! Obviously the denomination of the game you play will impact you bankroll requirements. In most cases the impact of the game’s denomination on your bankroll is fairly straight forward. In other cases, not so much. Let’s take a look.
In video poker, just like regular poker, you will be given five cards. With those five cards you'll want to achieve a winning poker hand (royal flush, straight, full house, flush, four of a kind, three of a kind, two pair, jacks or better). To do this, you'll have the opportunity to keep certain cards in your hand and exchange others to gain new cards that may help you gain a winning poker hand.

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.

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.
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. 

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:
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.
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.
Each card in the Jacks or Better category has a distinct value. A 3 can only count as a 3, a king can only count as a king, and so forth. The lone exception is the ace which can count as the lowest or highest card in a straight or straight flush. Each game in the Wild Card category has one or more cards which can count as a card of any rank or suit. They are called wild cards and hence the name of the category. In the game called Deuces Wild, each deuce (2) is wild. Each can be used as any other card in the deck when it is advantageous to do so. In a Joker Poker video poker game, the joker is the wild card.
If you enjoy playing strategic games—whether that’s games like blackjack, poker or chess—then you’ll find that video poker games are right up your alley. Not only that, but most machines offer some of the best odds to players who are willing to learn the best video poker strategy on each machine. Even at online gaming sites, many games offer potential returns of well over 99%. This makes them some of the best games around for players who want to have an excellent chance of coming out on top against the casino.
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.
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.
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6. Avoid this common three-card strategy – Some players keep three cards in an attempt to draw a straight or a flush. This is a losing proposition and should be avoided. Even if you hit a straight or a flush, you’ll have lost too much with this play to make it profitable. Practice Basic Strategy to have a shot at winning. Three cards to a straight flush, however, is a different proposition and should be played as outlined in the list in No. 2.
We probably won't make the straight flush, but all the occasional times with a hand like this that we turn it into a regular flush, regular straight, or three of a kind -- along with the infrequent straight flush -- make holding the three to a straight flush a better play than throwing everything away and hoping for a miracle from five brand-new cards.
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