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Some people have the misconception that
Video Poker Machines are money eating contraptions. Nothing could be
further from the truth. In fact, some Video Poker Machines have a
long-term payout of greater than 100%. Other than card counting in
Blackjack, they are the only games in the casino where a player can
get a long term advantage over the house.
Players who like to play alone could find Video Poker to be the
perfect game with its low house advantages [bottom right] and possible
jackpots. Another advantage for the new player is the fact that you
control the pace of the game. You can take your time while you are
learning the game and then pick up the pace when you’re more
comfortable.
Video Poker is often classified as a type of Slot machine, but there
are two major differences. First, Video Poker has an element of skill
where Slots is a game of luck. Second, you can tell the payout
percentage of a Video Poker machine by looking at the pay table, and
it is impossible to know what a slot machine’s payout is set to.
Poker is one of the most popular card games in the US. Even if you
don’t know how poker hands are ranked, they are easily learned and
the payoffs for hands are always printed on the machines.
Video Poker follows the same game play as Five Card Draw Poker.
Players are dealt five cards and decide which ones to keep. Players
can discard 0 to five cards. After the draw, winning hands are paid
out according to the posted payout schedule.
It is important to note that all Video Poker payoffs are on a
“for” and not a “to” basis. For example, a pair of Jacks pays
1 for 1 on a Jacks or Better Video Poker machine. This means that your
original bet is returned, not doubled — in other words, you break
even.
DOUBLING YOUR BET AFTER A WINNING HAND
Some machines and online casinos offer the option of doubling your
winnings after you have won a hand. If you decide to do this, the
machine will deal five additional cards with the first one face up and
the last four face down. The player then picks one of the face down
cards. If it is higher in value you double you winnings, if it is of
lower value, you lose your winnings. In most cases a tie is a push,
but in some cases a tie loses. If you win the double, you are usually
allowed to keep doubling.
If a tie is a push, there is no house advantage because your chances
of winning are 50/50. If a tie counts as a loss, the house advantage
is a very high 5.8%.
Although there is no House Advantage in doubling your winnings, this
does not affect the overall long-term payout of a machine. The reason
is you cannot double unless you have already won.
Multiple doubling can be tempting but dangerous. Below are the chances
of winning consecutive double bets. Keep in mind that the chances of
winning a double bet are not affected by previous double wins — if
you have won 3 doubles in a row you still have a 50/50 chance to win
the fourth double at that point.
Number
of Doubles
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Likelihood
of winning
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One
Double
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50%
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Two
Doubles
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25%
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Three
Doubles
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12.5%
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Four
Doubles
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6.25% |
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Strategy from WorkTheOdds.com
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| Some people have the
misconception that Video Poker Machines are money eating
contraptions. Nothing could be further from the truth. In fact, some
Video Poker Machines have a long-term payout of greater than 100%.
Other than card... More |
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| Comparison of long-term
payback for video poker variations (assuming optimal play) See
here |
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