Use a player card, and know the benefits of doing so. Casinos reward points for every penny bet in any machine, and those points can be redeemed for free play or comps. Free play rebates usually run from 0.1% to 0.33%. There are lots of other benefits for using a player card, like discretionary comps, free play mailers, drawings, and tournaments. If you don't use a card, there will be no evidence trail that you played, so you'll never get any of the freebies. This advice goes for any form of gambling. Finally, contrary to popular myth, the machines don't pay worse if you put in a card. The odds are the same whether you use a player card or not.
Video Poker belongs to the small number of casino games, where thousands of players manage not just to make a living playing it, but to end up in possession of tremendous amounts of money. At the same time, tens of thousands of players around the world are in possession of sufficient knowledge of the game, so that they are able to have an astonishing experience during casino vacations, while also being able to take advantage of other benefits – and all that at a much lesser price than retail.
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.
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.
Two major factors determine the characteristics of a video poker game. They are the payback, which can also be stated as return or calculated from the house edge, and the variance or volatility. We examined how payback (or return) and house edge are inter-related in the last section. In this section we will look at the other half of what defines a video poker game – variance or volatility.
Find the good games. The VP games with the best paytables are findable, but they're rare. Naturally the casinos prefer that you play the stingier machines. In general, the Strip casinos have the worst machines, and everywhere else it's better -- off-strip, downtown, and locals casinos. But while good machines are rare on the Strip, some do exist. VPFree2 can help you find the good-paying machines.
Two important points to remember: Don't overbet your bankroll, and if a machine is available at which you feel comfortable playing the maximum number of coins, do so. If you are sitting down to play with $20, you don't belong at a $1 machine that will take up to $5 at a time. It is better to play five quarters at a time than one dollar at a time. Though video poker machines pay back a high percentage of the money put into them, the payouts are volatile. It is not unusual to go five or ten or more consecutive hands with no payout. Don't play at a level at which you do not have the funds to ride out a streak.
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.
Playing hunches or streaks may work for a hand or two (or possibly even a session or two), but far more often these tactics will not work. In fact, by employing these types of playing strategies, you will end up giving the casino even more of your hard earned money than you need to. Only by using mathematically derived video poker playing strategies will you get every cent you can from your video poker play over the long run.
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.