You learned in chapter 3.4 that the variance of a multiple play game increases as the number of lines played increases. The variance of a single play game is lower than the variance of a three play game. The variance of a five play game is higher than the variance of a three play game, and so on. In this section you will find out specific bankroll sizes for a couple of games at a different number plays for each game.
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.
The first situation is when you get a low pair and one high card in your hand. You will immediately think whether to keep the low pair and go for a three of a kind, keep the high card and discard the rest to get a high and a qualifying pair or to keep the three cards and try getting two pairs. Before making the decision, you will have to know your odds for each decision. The odds for getting the third card for a three of a kind are about 1 out of 6-8 times. The odds of getting the matching high card and form a pair is 1 out of 2-3. As for the odds of getting two pair is slightly bigger than getting three of a kind. Therefore, it is obvious that the best
Break up a flush or a straight only when you have four cards to a royal flush. That is, if you have ace-king-queen-jack-9, all of clubs, discard the 9 to take a chance at the big payoff for the 10 of clubs. That still leaves open the possibility of a flush with any other club, a straight with any other 10, and a pair of jacks or better with any ace, king, queen, or jack.
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.
I am spending time on this topic for a very good reason. Open straights and straight flushes are always listed higher in a strategy chart because they can be filled in more ways than an inside straight / straight flush. Therefore it is important that you know the difference when you play so you do not inadvertently consider an inside straight / straight flush as though it was open.
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.
Understand your average loss. As well as understanding possibilities in a game of poker, it's good to keep in mind what your average loss during a session of video poker will be, so you go in with realistic expectations. To determine your average loss multiply the house end(the return the casino makes) by the bet size by the number of rounds per hour.
Just as in the quick version, a few hands are never broken up. Obviously, if you're fortunate enough to be dealt a royal flush, you hold all five cards and wait for your payoff. (On payoffs this large, the machine will flash "Jackpot!" or "Winner!" In these cases the winnings will be paid by an attendant rather than by the machine. Do not put more coins in the machine or attempt to play another hand before you are paid for the royal flush.)
Video Poker belongs to the small number of casino games, where thousands of players manage not just to make a living playing it, but to end up in possession of tremendous amounts of money. At the same time, tens of thousands of players around the world are in possession of sufficient knowledge of the game, so that they are able to have an astonishing experience during casino vacations, while also being able to take advantage of other benefits – and all that at a much lesser price than retail.
So far in this guide 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 about how randomness actually works. You now know how to determine your bankroll size. You may even know what specific video poker game (or games) you want to play. If you do not, you have some idea how different video poker games behave and their major characteristics.
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.