Once I hit two 4 of a Kinds back to back. The probability of hitting it once is 0.24%. The chances of hitting it back to back are 0.24%2 = 0.0006%, or 1 in 179,000. That's four times less likely than hitting a royal flush. And I would have preferred the royal! (By the way, purists will note that after you've hit a 4 of a Kind, the chances of hitting another four of a kind is just 0.24%, not 0.0006%, but I'm considering the probability of getting two back-to-back before I get the first one.)
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.
So far 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 how randomness actually works. You have also learned about several categories of video poker games that are available today. Plus you now know some methods of determining how large a bankroll you will need to play your video poker game of choice.
If you enjoy playing strategic games—whether that’s games like blackjack, poker or chess—then you’ll find that video poker games are right up your alley. Not only that, but most machines offer some of the best odds to players who are willing to learn the best video poker strategy on each machine. Even at online gaming sites, many games offer potential returns of well over 99%. This makes them some of the best games around for players who want to have an excellent chance of coming out on top against the casino.
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.
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.
With all the various games in a casino, why should you consider playing video poker? In order to get the most out of the game, you must spend time to learn and practice the proper video poker playing strategy for the particular version (or versions) of the game you want to play. Let’s take a look at some of the main advantages of (and therefore reasons to play) video poker.
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.
The way video poker strategies are usually expressed is a list of hands you might get on the deal, in order from best to worst. For any given hand, look up all viable ways to play it on the list and go with the one that is listed first. If you don't see a play listed, like suited 10/A, then never play it. Here is such a strategy for Jacks or Better.
Know how to play a basic game. Video poker is simple and similar to regular poker in that you are aiming for a hand that will give you the most return. To play video poker you will tap on the cards you wish to keep or on a button on the console, and then draw cards you wish to replace. You win by having a traditional poker hand, and the amount you win is determined by the machine you are playing on.
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.
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.
Tap any cards that you want to keep. You will see some indication that the card you have selected has been held. When you’re satisfied with your selection, hit the ‘draw’ button to receive your final poker hand. If you’ve managed to land a poker hand with at a least the value of a pair of jacks, then you will be paid according to the pay table as presented with the game.
Why do casinos offer games that can be beaten? Because only a very small percentage of players know the basics of proper play. Enough mistakes are made that the casinos actually pay out 2 to 4 percent less than the expectation for skilled players. In competitive markets, casinos walk a tightrope between two choices -- offering a pay table so good that the best players can expect to make a profit in the long term, or offering lower pay tables and risk driving away the weaker players who are the casino's bread-and-butter customers. In less-competitive markets, where the demand for space to play is great, casinos will offer lower-paying machines because they will be played despite the low payoffs.