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.
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.
In most versions of video poker, you will use an electronic interface to bet on a virtually-generated straight poker hand. You begin by making a wager of up to five ‘coins’ (the value of which depend on the game and chosen settings). The more money you are happy to wager, the more you can win. Usually, your winnings are simply multiplied by the amount of cash you gamble, although you may receive a bonus lift if you go the whole hog with five coins.
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.
Ok, so what do we have here as far as options? Well, first of all, we have a Pat Straight, Seven to Jack - a made hand. We also have four clubs, so we have Four to a Flush. If we look at the chart below (a condensed strategy chart for Deuces Wild), we can see that a Pat Straight is just above Four to a Flush, so the Pat Straight is the better hand of the two.
These games can be enjoyed at land-based casinos on video poker machines that look a lot like slot machines. Online casinos also offer video poker as all the major software developers have their own variants players can enjoy online through their computers in the comfort of their own home. Most of the video poker versions adopt the 5-card poker game rules as players will get 5 cards and they will choose to discard cards and get replacement cards in order to form the final poker hand. The only difference is that there are no wagering rounds in between the dealt cards as players will only place a wager at the beginning.
This (http://www.videopokerforwinners.com/) looks like a complete software training program. Not only does it include strategy trainers, it also offers bankroll and comp calculators, which are an important aspect of video poker strategy that are too often overlooked. A free trial is available, but the software is reasonably priced at just $49.95. The site features videos of the software in use, which includes an introduction from Bob Dancer. The videos were a little more heavy on hype than I would have liked, but it was still nice to get the details of the software before buying the product.
Strategy for the game of blackjack involves knowing when to take one of four possible actions based on the two cards you are dealt. The four actions are “stand” (play the two cards you are dealt as is), “hit” (take another card to try to better your two cards), “pair split” (if you have two cards of the same rank, make two separate hands out of them by adding another same size bet), or “double down” or simply “double” (add a bet equal to the original bet and take just one additional card). The only information you have to make this decision is your two cards and the card the dealer puts face up.
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.
JOKER POKER – Also know as ‘Joker’s Wild’, is played with a deck containing 53 cards in which one of them is a joker and can be used as any card when drawn. The lowest possible winning hand is a pair of kings, and Five of a Kind and a Wild Royal Flush are added to the the mix just as with Deuces Wild. Again, if the pay table is set correctly, the player actually has a 0.64 percent edge over the house with perfect strategy. There are also self-explanatory sub-variations of Joker Poker known as Kings or Better, or Two Pairs or Better.
Think about how normal video poker play goes. After depositing your initial amount, you start playing hand after hand. Most often you lose your bet. The next most frequent occurrence is to simply get your bet returned by hitting a high pair (or sometimes two pairs) that returns 1 for 1. You will also hit other higher paying but less frequent hands. In each case, however, unless you hit a royal flush or other very high paying hand such as four aces with a kicker, the amount you win is not enough to cash out and be considered a good win for the day. Instead, all of these lesser wins are really just extra money that allows you to play a few more hands in order to try to win the jackpot sized hand(s).