You may have heard the adage that the "house always has the advantage." Video poker is an exception to that rule. If you look for the most liberal pay tables, and play them properly, you can have a thin advantage. Some pay tables, which are slightly in the machine's favor, can return over 100%, if you factor in incentives such as cash back, free play, mailers, and other comps.
This guide will only cover one version of Double Double Jackpot Poker. Double Double Jackpot Poker bumps the higher pays by doubling the Double Jackpot Poker pays for all four of a kind hands except 2’s through 10’s which are two and a half times the Double Jackpot Version. The pays for a full house, a flush and a straight all have the pays increased by one. The pay for two pairs is reduced to even money to make up for the other increases. The return for this game is 100.35 percent but the variance increases dramatically to 38.2 from 22.4
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.
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.
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.