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.
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.
Holding cards based on what you feel is correct or holding based on the flow of the cards are both technically strategies. But the video poker game manufacturers set up pay tables based on the math of the game so the casinos will be sure to make a profit from them. Therefore in order for you to make the most of your video poker playing experience, you need to use a strategy that is based on the same math.
You should always place the maximum bet because it makes you eligible to win the grand jackpot prize of 4,000 if you get a royal flush. If you bet with 1 or 2 coins and get a royal flush, the payout will not be proportionally equal. If betting 5 coins is too expensive for your gambling budget, you can find a lot of .25 machines as online casinos usually offer their bets in denominations that include different sizes such as .25, 0.50, 1, 2, 5 and even 10 and 20.
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.
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.
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.
Since video poker is a game of strategy, it definitely pays to get some practice in before you start playing for real by trying free online video poker. This isn’t possible in a brick-and-mortar casino, but online casinos give you the chance to play for free for as long as you want. This lets learn how to play video poker without putting any of your money at risk.
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.
Online video poker was introduced to casinos in the 1970s as a single-player equivalent to table poker. At the time, it was a bit of a technological marvel and quickly became popular. Today, the game is still played widely for its simple rules, low house edge and the possibility of big wins. Our step-by-step guide will steer you through the rules and variants of video poker so you can get the most out of this exciting casino game.
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.
In the first nine chapters of this guide you have learned all of the background information necessary to become a skilled live casino or online video poker player. You are now ready for the “meat” of this guide. This chapter is the first of six chapters that are dedicated to giving you the specifics needed to play the actual live casino or online video poker games.
By now you have all the knowledge you need in order to begin your successful journey playing video poker. You know about how the pay table gives you important information about the characteristics of each game. You understand the importance of having an adequate bankroll and how to determine the proper size of that bankroll. You understand what a strategy chart is and how the video poker strategy is developed in order to allow you, the video poker player, to extract everything that you can from the casinos. You know how to use a strategy chart in order to obtain those results.
Bonus Poker Deluxe is another variation of Jacks or Better designed to add some excitement to your play with the possibility of getting higher paying four of a kind hands. Bonus Poker Deluxe is different than Bonus Poker because all four of a kind hands pay the same at a rate of 80 for one. This makes Bonus Poker Deluxe a relatively popular game. There are many more large pays because four of a kind hands show up roughly 100 times as often as a royal flush (once every 424 hands versus once every 42,000 hands). Because of this a Bonus Poker Deluxe player has multiple opportunities to score a $100 hit on a quarter game. This is a large enough win for many Bonus Poker Deluxe players to cash out and consider the session a win.
In most versions of video poker, you will use an electronic interface to bet on a virtually-generated straight poker hand. You begin by making a wager of up to five ‘coins’ (the value of which depend on the game and chosen settings). The more money you are happy to wager, the more you can win. Usually, your winnings are simply multiplied by the amount of cash you gamble, although you may receive a bonus lift if you go the whole hog with five coins.
Think about how normal video poker play goes. After depositing your initial amount, you start playing hand after hand. Most often you lose your bet. The next most frequent occurrence is to simply get your bet returned by hitting a high pair (or sometimes two pairs) that returns 1 for 1. You will also hit other higher paying but less frequent hands. In each case, however, unless you hit a royal flush or other very high paying hand such as four aces with a kicker, the amount you win is not enough to cash out and be considered a good win for the day. Instead, all of these lesser wins are really just extra money that allows you to play a few more hands in order to try to win the jackpot sized hand(s).