Prior to this chapter you have learned everything you need to know about video poker in order to begin live casino or online play. You now know how the various different video poker games work. You learned about bankroll sizes. You learned about strategy charts; how they are developed and how they are used for live casino and online play. You now have all the tools you need to become a successful player of live casino video poker or online video poker for that matter, as all of the information in the guide applies to either.
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Why do casinos offer games that can be beaten? Because only a very small percentage of players know the basics of proper play. Enough mistakes are made that the casinos actually pay out 2 to 4 percent less than the expectation for skilled players. In competitive markets, casinos walk a tightrope between two choices -- offering a pay table so good that the best players can expect to make a profit in the long term, or offering lower pay tables and risk driving away the weaker players who are the casino's bread-and-butter customers. In less-competitive markets, where the demand for space to play is great, casinos will offer lower-paying machines because they will be played despite the low payoffs.
Unlike traditional slot machines, video poker is THE ONLY game where the pay table clearly indicates the return on your gambling dollar, based on your ability to play mathematically correctly. By practicing your favorite game for free at home, you can learn to play perfectly. Not only can you win more money, but you can also enjoy wining, dining and entertainment set aside for the casino's best players.
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.
Most casinos that offer video poker requires a download in order for players to be able to play the game. These downloads are only typically available for Android and iOS based systems. As more and more mobile software providers begin to embrace HTML5 as the mobile-coding ‘option of choice’, more games will be available for Windows Phone and BlackBerry users.
Here's where our strategy list comes in. Notice that a low pair is #9, while four to an outside straight is #10. The low pair is higher on the list, so we hold the pair. In fact, you almost always hold pairs in Jacks or Better. We'll discuss exceptions below, but in general, always lunge for a pair, and then do a quick check to see if you have anything better, since you probably won't.
Practicing video poker strategy by using a computer program or smartphone / tablet app is far more effective than practicing manually as described in section 7.2. The only real problems that might get in the way of you doing so are that you need a computer or smartphone / tablet and you need the program or application. As mentioned previously, there are several good video poker programs and applications available. They are also quite reasonably priced. If you do not have a video poker application, I strongly suggest you purchase one as soon as you can. You can practice manually for a while until you receive it, so you will not be just sitting around and doing nothing while you wait.
Obviously, the more you bet, the more you will win for any given hand. With one exception, the win for any given hand and bet is proportional to the amount bet. However, notice that for a royal flush the win is 1000 for a bet of four coins and 4000 for a bet of 5 coins. The disproportionately high payoff of 800 per coin bet for a royal flush, with a five coins bet, is what economists would call an economy of scale. You will see this in almost every video poker game. If you don't bet the maximum number of coins, the cost of being short-changed on a royal amounts to about 2% of money bet, which is a lot. The wise video poker player will always bet max coins per hand.
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.
Those machines are hard to find. Casinos don't like to put games on the floor that potentially lose money. Your best bet for finding these games is in downtown Vegas (not on the Strip) and at locals casinos, which have to be more competitive than Strip casinos in order to lure customers there away from the Strip. Here again, VPFree2 can help you find good-paying machines.
One advantage that video poker has over regular slot machines is that you can determine the return of the game by reading the pay table on the front of the machine. Most video poker games use the combinations of hands that can be made from a standard 52 card deck. I say most because there are some Joker Poker Games that use one or two Jokers added to the 52 card deck. One popular variation of the game is Deuces Wild which uses a 52 card deck but the deuces are wild cards. With a set number of combinations that can be made from the cards used in the game, the payout can be calculated by how much the machine pays for each winning combination.
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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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.