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.
Slot machines are extremely popular. One of the reasons for their popularity is that they are easy to play. The only skill that is necessary is to be able to insert money into the game and press a button or pull a lever to start play. That is it. From that point on, everything that happens depends on luck. The results of slot machine spins are based totally on randomness. The instant the slot player presses the spin button the result of that spin is locked in. Whether it is (most likely) a loser, a small winner, a moderate winner, or a jackpot winner has already been decided. Slot players can do nothing to change the odds either for or against them.
Video poker is a popular form of gambling that provides an edge to skilled players. If you play a game with acceptable pay tables, use optimum strategy, and receive comps for your play, you can generate a slight return on your money over the long term. Video poker is often praised over slot machines, because the return on your money and odds of winning a hand are higher.
Bonus Poker Deluxe is another variation of Jacks or Better designed to add some excitement to your play with the possibility of getting higher paying four of a kind hands. Bonus Poker Deluxe is different than Bonus Poker because all four of a kind hands pay the same at a rate of 80 for one. This makes Bonus Poker Deluxe a relatively popular game. There are many more large pays because four of a kind hands show up roughly 100 times as often as a royal flush (once every 424 hands versus once every 42,000 hands). Because of this a Bonus Poker Deluxe player has multiple opportunities to score a $100 hit on a quarter game. This is a large enough win for many Bonus Poker Deluxe players to cash out and consider the session a win.
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.
Practicing video poker strategy by using a computer program or smartphone / tablet app is far more effective than practicing manually as described in section 7.2. The only real problems that might get in the way of you doing so are that you need a computer or smartphone / tablet and you need the program or application. As mentioned previously, there are several good video poker programs and applications available. They are also quite reasonably priced. If you do not have a video poker application, I strongly suggest you purchase one as soon as you can. You can practice manually for a while until you receive it, so you will not be just sitting around and doing nothing while you wait.
Video poker made its entry to the casino in the seventies; and is today one of the most popular forms of gambling. For the player who likes a game of skill, a low house edge, the possibility of large wins, and the anonymity of playing alone there is nothing else that can compare to video poker. The rules of video poker are simple; you play 1 to 5 coins, the machine give you five cards, you choose which to hold and which to discard, the machine replaces your discards and pays you off according to the value of your hand.
Despite the importance of finding the best machines, most players don't. That's why casinos can offer both decent and lousy machines in the same casino and be confident that gamers will still play the lousy ones. They have to keep some good machines, otherwise they'd lose all the players who know what they're doing. But most of the machines will be bad, and most gamers will play them anyway. Heck, in Vegas even casinos and supermarkets have video poker, with absolutely terrible paytables, but people will still play them rather than going across the street to a casino where they can get seven times better odds. Go figure.
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.
If you choose the machine on the right, you'll lose your money six times faster! And your chances of winning will be far less. If the reason isn't obvious then consider this: If the player is getting back 99.54% and 97.29%, that means the casino is keeping 0.46% and 2.71%. The casino profit on the second machine is 2.71 ÷ 0.46 = 5.9 times higher.
Once you’ve paid your credits, you will be dealt your initial cards. In almost all games, the machine is a simulation of five-card draw, meaning you’ll be given five cards from a standard 52-card deck. One or more jokers may sometimes be added as well. The object of poker video games is to make the best five-card hand possible. You’ll need a certain qualifying hand to win a prize; in the game Jacks or Better, for instance, you’ll need at least a pair of jacks to win something. The better the hand, the more you’ll win.
Video poker machines started to become commercially viable following the integration of a monitor that looks like a TV screen. This allowed players to enjoy a 100 percent computerized game. The first ever computerized video poker game was developed in the mid-1970s. It was very primitive compared to modern day video poker games but it was the first ever computerized video poker machine that paved the way for other video poker games. The popularity of these machines started to skyrocket when a company called SIRCOMA (Si Redd’s Coin Machines) introduced the video poker game, Draw Poker, in 1979. SIRCOMA is now one of the biggest gaming developers for land-based and online casinos, going by the name IGT (International Game Technology).
Wolf Video Poker and Wolf Video Poker Lite are both available for $39.99 and $19.99 respectively at http://www.wolfvideopoker.com/. Like other video poker trainers, this one is designed to help you learn how to make the right decisions on specific hand types. It also is capable of designing computer generated strategy charts of three different complexities. It also allows you to simulate 100 sessions of up to 100 million hands each. You can save records of your sessions to see how well you’re improving as a player, too.
You will also learn the layout and importance of the pay table, as well as how to properly bet while playing video poker. You will learn and understand payback, return, house (and player) edge. You will learn about the implications of variance, sometimes called volatility. You will also learn what the term random really means when playing video poker.