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.

The same games that players can enjoy in brick-and-mortar establishment are also available at online sites. Video poker games offer the same great odds and exciting, strategic gameplay whether you play them in person, or if you opt for video poker online instead. This makes them an excellent choice for any online gamblers who like playing games where they have an input on every hand.
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.
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.
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.
Some machines will give you the option of playing in a multi-hand format. In these cases, you’ll pay for all of your hands up front: if you play a 10-hand machine for five credits per hand, for instance, you’ll be on the hook for 50 credits at the start of each hand. You’ll still be dealt just one initial hand of five cards. But, after you choose which cards to discard, you will receive new cards for each of the video poker hands you paid for. These new hands are each drawn independently, so it is possible to get the same replacement cards on different hands. All of your winning hands will award prizes, just as in a standard, single-handed 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.
Part of your research should include learning the payout tables, but there’s also another table that should prove pivotal to your success in playing the game. There are a number of charts available which show you clearly when you should drop cards and when you should keep them. For instance, when you have a Royal Flush you should naturally keep all of your cards, whichever type of video poker game you’re playing. For 3-if-a-kind you should keep three and drop two, and if you’re two cards from a Royal Flush you should keep two and drop three.
Not all video poker games are created equal, and it pays to do a little looking around. If you have several online casinos where you like to play, take the time to check pay tables before you start wagering. Those who play in brick-and-mortar casinos should do the same – I’ve often found higher and lower pay tables on the same game in different areas of one casino.
Video poker is a very volatile game, about four times as much as blackjack. In any form of gambling, short-term results mostly depend on normal mathematical randomness (what some might call luck). However, in the long run, results mostly depend on skill. If you play a game with a return of 100.76% perfectly, that does not mean that you will have a 0.76% profit every time you play. The 100.76% is an EXPECTED return. Much in the same way, if you flip a coin ten million times, the expected number of tails will be five million, but it is unlikely you will hit five million on the nose. Actual results will vary significantly from expectations, but the more you play, the closer your actual return percentage will get to the expected return.
As you have learned in the first chapter, one of the main reasons for the popularity of video poker is it usually has a considerably higher payback than slot machines. In fact some games return more than 100 percent for a skilled player. Regardless of which video poker game you play, achieving the long term return percentage is dependent on getting your fair share of royal flushes. By a royal flush I mean the royal flush that really counts – the natural royal flush that is formed without the aid of a wild card. These generally pay 4,000 credits for a five-credit bet or 800 for 1.
For those who are willing to learn these games, it is well worth taking the time to understand video poker strategy. Many of these machines offer the best return to players (RTP) of virtually all of the casino games that are available online. In fact, when played in real world casinos, video poker games are the only ones where players who play perfect strategy can have a positive expectation. This does not include players who card count in blackjack.
10. Low pair (two 10s or lower). Most new players keep a single jack or better rather than a low pair, and it's true that keeping that one high card will result in more frequent winning hands. But most of those will be 1-for-1 payoffs for a pair of jacks or better. Keeping the low pair will result in more two-pair, three-of-a-kind, full-house, even four-of-a-kind hands.
The Jacks or Better category is named for the lowest paying winning hand – a pair of jacks or better. Each game in the Jacks or Better category has a pay table with all the same winning hands as the original Si Redd produced game. They are the royal flush, straight flush, four of a kind, full house, flush, straight, three of a kind, two pairs, and a high pair of jacks or better. The games also all play similar to the table game of draw poker, that is, five cards are dealt, the player can discard any or all of them and the discards are replaced with new cards.
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.
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.
Just as in the quick version, a few hands are never broken up. Obviously, if you're fortunate enough to be dealt a royal flush, you hold all five cards and wait for your payoff. (On payoffs this large, the machine will flash "Jackpot!" or "Winner!" In these cases the winnings will be paid by an attendant rather than by the machine. Do not put more coins in the machine or attempt to play another hand before you are paid for the royal flush.)
The same games that players can enjoy in brick-and-mortar establishment are also available at online sites. Video poker games offer the same great odds and exciting, strategic gameplay whether you play them in person, or if you opt for video poker online instead. This makes them an excellent choice for any online gamblers who like playing games where they have an input on every hand.
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.
One advantage that video poker has over regular slot machines is that you can determine the return of the game by reading the pay table on the front of the machine. Most video poker games use the combinations of hands that can be made from a standard 52 card deck. I say most because there are some Joker Poker Games that use one or two Jokers added to the 52 card deck. One popular variation of the game is Deuces Wild which uses a 52 card deck but the deuces are wild cards. With a set number of combinations that can be made from the cards used in the game, the payout can be calculated by how much the machine pays for each winning combination.
The minimum hand you need to win is a pair of Jacks. So in this hand we'll hold the Jack, hoping that we'll draw another Jack. We hold the Jack by tapping the picture of the Jack on the screen, or pressing the button for it on the console.  Then we'll tap the DRAW button to get four new cards, hoping that one of them is a Jack to match the Jack we held. 
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