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.
The wild card is a feature that is offered at some, but not all, of the video poker variants. The wild card is always the Joker or the Deuce. This wild card can be substituted for any other card from the deck in order to help players achieve a winning poker hand. In Deuces Wild, for example, the wild card is the 2, which is where name of the game comes from. Another game is Joker Wild, where the Joker is the wild card. Some games might have more than one wild card, such as Joker and Deuces Wild. In this game, the 2 and the Joker are wild cards.
All this changed in the early 1980s when SIRCOMA, the company that would eventually become International Game Technology, decided to concentrate on perfecting the video poker console. This turned out to be a Vegas-shattering success, as it gave poker players who felt intimidated while playing on casino tables the chance to play their favourite pastime against a faceless ‘opponent’.
That's a pretty lengthy list for a beginner, but it can be shortened considerably by taking all those three card straight flushes -- open, inside, double inside, with high cards, without high cards -- and lumping them together just below four high cards. That'll cost you a few tenths of a percent, but when you're comfortable with the rest of the strategy, you can start breaking down the categories for more expert play.
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.
In the early 1980s, Si Redd and his new International Gaming Technology entered into a licensing agreement with Bally's Manufacturing that gave IGT exclusive rights to manufacture video poker machines. Few people recognized the potential at the time, but that gave IGT the boost it needed to become Bally's main competitor in producing electronic gaming devices. Today IGT and Bally's both produce video poker machines, and their machines take up most of the floor space devoted to electronic gaming devices across the country. 

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.
Since there are a lot of games that offer different paying hands, gamble features and wild cards, it is essential to check the rules and the paytable of the video poker game before you start playing. Knowing the minimum paying hand is quite important. The names of some video poker games might give you a clue, such as Tens or Better (a pair of tens is the minimum hand) and Jacks or Better (a pair of jacks is the minimum hand). For other games, it is essential to check the paytable and know the minimum paying hand because it will affect your decisions during the game.
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.)
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.
If you choose the machine on the right, you'll lose your money six times faster!  And your chances of winning will be far less.  If the reason isn't obvious then consider this:  If the player is getting back 99.54% and 97.29%, that means the casino is keeping 0.46% and 2.71%.  The casino profit on the second machine is 2.71 ÷ 0.46 = 5.9 times higher.
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.
The Jacks or Better category is named for the lowest paying winning hand – a pair of jacks or better. Each game in the Jacks or Better category has a pay table with all the same winning hands as the original Si Redd produced game. They are the royal flush, straight flush, four of a kind, full house, flush, straight, three of a kind, two pairs, and a high pair of jacks or better. The games also all play similar to the table game of draw poker, that is, five cards are dealt, the player can discard any or all of them and the discards are replaced with new cards.
You'll sometimes find video poker games online that aren't really video poker games, too. One notorious example was from Slotland Casino. They no longer off it, but they used to have multiple video poker games and even a blackjack game which tied into their linked progressive jackpot. Since the game was just a slot machine game that looked like a video poker game, it was deceptive.
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.

The pay back calculations on all of the pay tables listed on this site are based on the fact that every hand will be played with the correct strategy to achieve the highest possible return. Holding the right cards on every hand is the only way to do this and while this might seem obvious many players still do not follow any strategy when they play video poker.
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.
Oh boy, we have two high cards! We'll hold both of them, because then we can make a pair by drawing either a Jack or a Queen. True, we're only gonna get three more cards for a potential match rather than four this way, but our odds are still better for making our pair. We might also get a full house if we're lucky.  This was play #13 in our list above.

The wild card is a feature that is offered at some, but not all, of the video poker variants. The wild card is always the Joker or the Deuce. This wild card can be substituted for any other card from the deck in order to help players achieve a winning poker hand. In Deuces Wild, for example, the wild card is the 2, which is where name of the game comes from. Another game is Joker Wild, where the Joker is the wild card. Some games might have more than one wild card, such as Joker and Deuces Wild. In this game, the 2 and the Joker are wild cards.
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