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.
Video Poker is the only game in the casino that actually shows you the information you need to determine the house edge and develop the proper playing strategy to attain the highest return possible. Most video poker players are totally unaware of how to use the information available to their advantage. They will plop down on any close or convenient machine and play by hunches in the hope that they will get lucky. This guide is written to help players get the most out of their video poker playing efforts.
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Play with five coins. Each video poker machine gives you the option to insert five coins, and to best optimize your chances of winning more, you should play five coins, or max bet. On each play table you should see a chart that shows how many coins you will receive when winning a certain hand of poker. If you play five coins on a Jacks or Better table you can get 45 coins for a full house instead of nine coins. You also will receive a bonus for Royal Flush with a max bet.
Winning a slot machine jackpot is based solely on luck. You put your money in the machine, hit the spin button and hope that Lady Luck will invite you to dance. There are no decisions to make that will change the outcome of the spin. On the other hand, many table games require skill and the decisions you make can determine whether you win or lose. Most table games when played properly have a lower house edge than the slot machines. Knowledgeable Blackjack players know that learning basic strategy will reduce the house edge to less than one percent.
Once I put $100 into a $0.25 machine and played it for a while. I played it down to zero credits, and then I hit Four of a Kind, which saved me. I played that down to zero again, and then I hit Four of a Kind again. I played it down to zero credits a third time, and then hit Four of a Kind a third time! But that was the end of my luck. I didn't get it a fourth time, I just went bust. Still, that was pretty unusual.
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.
The fourth part, finding a liberal pay table, requires some combination of online research and good old walking. A great site for identifying the loose video poker at every casino in Las Vegas, and most of the country, is vpfree2.com. However, any video poker player worth his weight in quarters can identify a loose pay table on sight. Let's take Jacks or Better, for example. All the pays except the flush and full house are usually the same. In any video poker game, it is usually the middle hands that vary. The following table shows what the expected return of the game is for common Jacks or Better pay tables, assuming optimal player 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.
The play is simple: You're dealt five cards. You decide which ones to keep by tapping the pictures on the screen or pressing buttons on the console. Then you hit the DRAW button and you get replacement cards for the cards you didn't keep. You win if you wind up with a traditional poker hand like two pair, straight, flush, etc. (We'll explain these below for those new to poker.) The amount you win per hand depends on the paytable of the machine you're playing. Here's a sample paytable.