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.
In order to get the most out of your video poker playing experience, it is important to understand exactly how a video poker machine operates. Don’t get me wrong, you can still be a skilled video poker player without knowing how things work inside the game. Just like you do not need to know how electricity works to turn on a light switch or plug in an appliance, it helps to make sense out of things should something out of the ordinary happen.
Video poker training software of all kinds is available these days. Some of it’s even available for free online; you can just play and learn from your browser window. Some of it requires a download and/or purchase. This page looks at the uses of such software. It also examines and describes some of the various types of video poker training software that are now popular.
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.
Those machines are hard to find. Casinos don't like to put games on the floor that potentially lose money. Your best bet for finding these games is in downtown Vegas (not on the Strip) and at locals casinos, which have to be more competitive than Strip casinos in order to lure customers there away from the Strip. Here again, VPFree2 can help you find good-paying machines.
It contained the games that I was specifically looking for, which were Jacks or Better and Deuces Wild; but also contains a total of 23 different poker games - some of which I hadn't played before, but will play in the future after trying them out on WinPoker. I believe that it does have the majority of games included that you see at casinos: Bonus Poker, Double Bonus Poker, etc.
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.
So far we have only learned about single play video poker games. You bet your credits, you push the deal button and one hand is dealt. You decide which cards of that hand you want to hold and press another button. New cards are dealt to replace the discards. You are now ready to play the next hand. These games are called single play games because you play one hand at a time.
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.
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.
Typically, slow and steady is the name of the game in casinos. However, with video poker games, most experts recommend playing the maximum amount of coins for each spin. This increases the number of ways in which you can win each time. However, it’s important to note that bankroll management is also key. Don’t play five coins on a video poker machine which is out of your comfort zone. If necessary, move down to a cheaper slot.
So far in this guide you have learned how video poker started and grew. You have learned the basics of video poker play including return, house edge, and variance. You have learned about how randomness actually works while playing at the casino. You now know how to determine your bankroll size. You may even know what specific video poker game (or games) you want to play. If you do not, you have some idea how different video poker games behave and their major characteristics.
There are two popular types of video poker games. The most popular video poker games offer a single player poker experience, including 5-card draw poker games, and can be found in most online or land-based casinos. This type includes Jacks or Better, Tens or Better, Joker Poker, Deuces Wild, Joked and Deuces Wild and Bonus Poker among others. The second type is a casino poker game that involves the player and the dealer, such as Caribbean Stud poker, which can only be found online. Each game has its own gaming procedure and rules.
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.