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.
So far you have learned from this chapter the personalities of low variance, moderate variance and high variance video poker games. From this information you should have been able to narrow down the type of video poker game you want to play. You then learned about the importance of the denomination of the game you intend to play. With that information firmly in place, let us now take a look at how multiple play games work and some of the pluses and minuses of playing this type of video poker game. In chapter 3.4 you were presented an overview of how multiple play video poker games work. In chapter 4.4 you learned about bankroll requirements for playing multiple play video poker. Now you can supplement that information with what you will learn in this section. By combining everything, you should have a pretty good idea if you would like playing multiple play video poker or if you would rather stick to a single play game.
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.
It contained the games that I was specifically looking for, which were Jacks or Better and Deuces Wild; but also contains a total of 23 different poker games - some of which I hadn't played before, but will play in the future after trying them out on WinPoker. I believe that it does have the majority of games included that you see at casinos: Bonus Poker, Double Bonus Poker, etc.
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.
Slot machines are extremely popular. One of the reasons for their popularity is that they are easy to play. The only skill that is necessary is to be able to insert money into the game and press a button or pull a lever to start play. That is it. From that point on, everything that happens depends on luck. The results of slot machine spins are based totally on randomness. The instant the slot player presses the spin button the result of that spin is locked in. Whether it is (most likely) a loser, a small winner, a moderate winner, or a jackpot winner has already been decided. Slot players can do nothing to change the odds either for or against them.
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.
Since the explosion of video poker popularity in the late 1970s and again when it went online in the 1990s, the casino industry has developed fairly rapidly. Primarily, the progression of casino games that can be played remotely has revolutionised the way we interact with casino games. This is just as true for video poker games as it is for any other casino favourite. From playing free online video poker to learn the ropes, to playing on your mobile in just a few taps, the changes in recent years have had a huge impact on the game.
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.
If you choose the machine on the right, you'll lose your money six times faster! And your chances of winning will be far less. If the reason isn't obvious then consider this: If the player is getting back 99.54% and 97.29%, that means the casino is keeping 0.46% and 2.71%. The casino profit on the second machine is 2.71 ÷ 0.46 = 5.9 times higher.
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.
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.