You should always place the maximum bet because it makes you eligible to win the grand jackpot prize of 4,000 if you get a royal flush. If you bet with 1 or 2 coins and get a royal flush, the payout will not be proportionally equal. If betting 5 coins is too expensive for your gambling budget, you can find a lot of .25 machines as online casinos usually offer their bets in denominations that include different sizes such as .25, 0.50, 1, 2, 5 and even 10 and 20.
But video poker adds something slot machines don't have -- an element of skill. Players have decisions to make that affect the outcome. And because cards are required to be dealt from a randomly shuffled 52-card deck -- or 53 cards, in the case of Joker's Wild machines -- the possible combinations are known, the frequency of the combinations can be calculated, and an optimal playing strategy can be devised. In fact, when Missouri riverboats opened under a law that forbade games of chance, casinos were allowed to offer video poker, as a game of skill, even though slots, as games of chance, had to wait until voters changed the law.
You won't get rich from video poker even if a machine pays 100%+. At a fast 600 hands per hour, and $1.25 per hand ($0.25 x 5 coins), that's $750 wagered per hour. If you play perfectly (no mistakes) and realize your 0.77% advantage, that's $5.78/hr. on average. You'll also need several thousand dollars of capital to fund the losses you'll suffer while waiting to hit the royal flush. Yes, if you were capitalized you could play at higher denominations, except 100%+ machines are rarely found at anything but quarters and below.
But that is where the similarity with random slot machine play ends. The video poker player has total control over the initial five cards that have been dealt. It is his or her choice what to do with those five cards. The decisions about whether to keep all of them, discard all of them, or anything in between is totally theirs. It is actually totally yours. After all, you are the one reading and learning from this guide.
Since video poker is a game of strategy, it definitely pays to get some practice in before you start playing for real by trying free online video poker. This isn’t possible in a brick-and-mortar casino, but online casinos give you the chance to play for free for as long as you want. This lets learn how to play video poker without putting any of your money at risk.
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.
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.