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.
You can usually gamble your winnings when you hit a successful hand at video poker. If you do decide to gamble, you’ll be presented with a card, and you have to guess whether the next card drawn will be higher or lower. If you pick right, your prize is doubled. If you choose unwisely, then you lose everything. Depending on the game, you should be able to go ‘double or quits’ up to five times in succession.
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.
In a 9/6 Jacks or Better game you would multiply .5% by $1.25 (this is a five coin, max bet game) by 400 (hands per hour). This would bring you to $2.50 an hour on a long term game. If you are playing a short term game, you are more likely to lose $6.50 an hour, because the house end for the casino will be higher (you'll have less chance of hitting the royal).
Video Poker is a game that requires skill and it bridges the gap between slot machines and table games for many players. In most casinos video poker machines, when played correctly, offer a lower house edge than the slot machines. Over the last few years, video poker has been gaining in popularity and the casinos are adding more machines to the gaming floor. When video poker machines first appeared on the casino floors in the late 1970’s the only game offered was Jacks or Better draw poker. Today there are over 100 variations of video poker.
In the early 1970s, when video poker was introduced and was still struggling for acceptance, the machines were usually referred to as "poker slots." And video poker has a lot in common with slot machines. They are easy to use, requiring no interaction with a dealer or with other players. Card combinations, like slot reels, are governed by a random-number generator.
We have taken great strides in creating an algorithm that helps determine the best video poker bonuses for players to take advantage of online. This bonus table takes into account several factors, including wagering requirements, the amount offered, whether the casino is reputable or not, and more. Based on these criteria, we feel the best video poker bonuses are below.
You learned in chapter 3.5 that progressive video poker has one (the royal flush) or more (other high paying hands such as a four of a kind) jackpots that increase as the game is played. You also learned that as the progressive jackpot increases, the strategy to play video poker changes so that more of the close decisions are decided in favor of saving for the higher paying and less frequent jackpot hand rather than some more frequent but lower paying hands.
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.
Elsewhere on this site I show you how to figure your average loss for an hour of play. In summary, you multiply the house edge by the bet size by the number of rounds per hour. On a 9/6 quarter Jacks or Better machine with proper strategy, that would be 0.5% x $1.25 (remember we're playing 5 coins at a time) x 400 hands per hour = $2.50 per hour. Not bad. Except that the formula doesn't work for video poker in the short term. That's because you'll hit the royal only once every 66 hours on average, and while you're waiting for the royal, the return on the game isn't ~99.5%, it's ~97.5%. So you're more likely to lose 2.5% in the short term rather than 0.5%. So we can expect our hourly loss to be closer to $6.25/hour than $1.25/hour while we're waiting for the royal. Still, $6.25/hour is pretty cheap. On a slot machine your loss would be closer to $40 an hour. So you can see why I'm so eager to switch you from slots to VP.
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 follows the same hand ranking rules as regular poker with Royal Flush being the highest hand. It is also important to note that in video poker, it is the hand that matters regardless of the value of the cards forming it. For example, a pair of Aces will pay the same as a pair of Jacks and a Straight from 9 to K will pay the same as a straight from 2 to 6. Here is the poker hand ranking in a descending order:
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.
One nice thing about video poker is you can know the return of the machine even before you start playing. On a typical video poker game, the casino's average profit on each play is about 3%. That's called the house edge. The return is the part that's returned to the player. So if the casino gets 3% of all money bet, the players get back 97% of all money bet. The return on a video poker machine is determined by the paytable. Just compare the paytable to the list at Wizard of Odds and you'll see that, for example, the Jacks or Better paytable above means that the return on that machine is 99.54%. If the paytable showed only 8 coins for the full house and only 5 for the flush, it would be a 97.3% machine.
The game that you should learn first is Jacks or Better. Most of the other games are variations of this one. Although space does not allow me to give you the complete strategy in this article, you can find free strategy charts at The Wizard of Odds for Jacks or Better, Deuces Wild, Double Bonus Poker, and more. Sites like Video Poker Trainer allow you to practice playing online and will correct you when you deviate from the optimal strategy.
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.
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.)
So it really pays to hunt out the good machines! But it's actually pretty easy, because the readers of a website called VPFree2 scout out the best machines and post their locations on the site. Using that site you can see that you can there are 9/6 Jacks or Better machines on the Strip at Cosmopolitan, New York New York, Riviera, Treasure Island, and others. And in downtown and off-strip casinos, the good games are more common, and available at lower denominations.