Understand your average loss. As well as understanding possibilities in a game of poker, it's good to keep in mind what your average loss during a session of video poker will be, so you go in with realistic expectations. To determine your average loss multiply the house end(the return the casino makes) by the bet size by the number of rounds per hour.[6] 

Understand your average loss. As well as understanding possibilities in a game of poker, it's good to keep in mind what your average loss during a session of video poker will be, so you go in with realistic expectations. To determine your average loss multiply the house end(the return the casino makes) by the bet size by the number of rounds per hour.[6]
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.
The strategy when playing video poker online starts when you choose which of your initial cards you want to hold, and which you would like to discard. Once you’ve locked in your selections, the cards you’ve chosen to discard will be replaced with new cards from the deck. The resulting hand will be final, and if you’ve made a winning combination of cards, you will receive your payout before moving on to your next hand.
After studying this payout and odds table, it is notable that there is an inequality between the odds and the payouts of some hands despite the fact a Full House is more likely to happen than a straight or a flush, but pays more than these two hands. It is clear from the pay table that hands that are not likely going to happen pay more while hands that are more likely to happen pay less. Despite this, the game is in the favor of the player, which is why it can be only found online or at big land-based casinos. You are surely not going to find them in bars or other small gambling venues.
Here's where our strategy list comes in.  Notice that a low pair is #9, while four to an outside straight is #10.  The low pair is higher on the list, so we hold the pair.  In fact, you almost always hold pairs in Jacks or Better.  We'll discuss exceptions below, but in general, always lunge for a pair, and then do a quick check to see if you have anything better, since you probably won't. 

All this changed in the early 1980s when SIRCOMA, the company that would eventually become International Game Technology, decided to concentrate on perfecting the video poker console. This turned out to be a Vegas-shattering success, as it gave poker players who felt intimidated while playing on casino tables the chance to play their favourite pastime against a faceless ‘opponent’.

Less interesting and less impressive was the page about “Video Poker’s Greatest Hits”. (http://www.videopoker.com/greatest_hits/) One of the aspects I found disappointing about this sales page was the lack of a price listing. There’s a button for a free trial, and another “buy now” button, but I don’t think I should have to click “buy now” to get a price. I did click through, and the price is only $19.95, but the software is limited to 8 video poker games.
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. 
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