As you learned in chapter one, this game and others that followed were developed to satisfy the gambling public’s quest for larger jackpots. Jacks or Better has only the royal flush as a true jackpot. In that game any four of a kind pays enough for you to play 25 additional hands so they are not really jackpots, although it really helps out. Bonus Poker on the other hand pays 80 for one for four aces. On a quarter machine this amounts to $100 with five credits played. While this is not a huge jackpot, it is enough to make you feel like you have won something substantial and you may even decide to stop playing at that point with what you consider a nice win for the session. Also, where the royal flush happens only once every 40,000 hands or so, four aces will occur roughly once every 5,100 hands, which is eight times as often. Playing at a rate of 500 hands per hour, the Bonus Poker player will get four aces once every 10 hours of play, on average.
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.
You won't get rich from video poker even if a machine pays 100%+. At a fast 600 hands per hour, and $1.25 per hand ($0.25 x 5 coins), that's $750 wagered per hour. If you play perfectly (no mistakes) and realize your 0.77% advantage, that's $5.78/hr. on average. You'll also need several thousand dollars of capital to fund the losses you'll suffer while waiting to hit the royal flush. Yes, if you were capitalized you could play at higher denominations, except 100%+ machines are rarely found at anything but quarters and below.
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.
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.
Double Bonus Poker takes Bonus Poker one step farther than previous games presented in this guide and doubles the bonuses for all four of a kind hands. In Double Bonus Poker a hand of four aces pays 160 for one rather than 80 for one. A hand consisting of four 2s, 3s or 4s pays 80 for one rather than 40 for one. Even a hand of four 5s through Kings pays 50 for one rather than 25 for one. Double Bonus Poker is also one of the very few live casino or online video poker games where the full pay version of the game returns more than 100 percent.
Press “deal” to start gambling. If you’re playing “Jacks or Better” the machine will deal you five cards from a deck of 52 cards. However, other kinds of poker games such as “Deuces Wild” and “Joker Poker” have jokers in the deck. This could lower your chances of getting the cards you want. Therefore, most people prefer to play “Jacks or Better.”
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. 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.
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.