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Online Casino Video Poker Guide
Playing Video Poker
Needless to say, those of us who
play video poker are going after a Royal Flush; it's the jackpot -- the big
payoff. But, since it happens so seldom, it contributes a really small portion
to the overall payback of a game. In most video poker formats, a royal only
gives us about 2 % of the long term return.
So, where does the "big" money come from? This is not only a good trivia
question; it also will give you some insight to why payoffs vary from machine to
machine and will help you to understand why proper basic strategy at the game of
your choice is so important. Every day I see players draw to any two cards of a
royal and throw away better plays in the process. Sure, they will hit a royal
quicker that way, but they will make less money in the long run. How can that
be, you ask? Let me explain.
Figuring the long term payback of a video poker game requires us to know two
things: how often will an event happen, and what is the payback is for that
event. A royal may pay 4000 coins, but it will happen only about once in 40,000
hands. The "expectation" of that is the result of multiplying the % occurrence
by the payout. At 1 in 40,000, the % occurrence (or probability) is 1 divided by
40,000 or .000025. Multiply that times the payoff of 800 coins (per coin played)
and you can see that the result is about 2%. So, for every coin you put in the
machine, your expectation is to get back 2% of that coin from a royal. Not very
impressive, is it?
Now, let's look at a Jacks or Better game. There you can expect to receive two
pair once every 8 hands, on average. That's a probability of about 12.5%. The
payoff for two-pair is 2 coins for each coin put in, so that's .125 X 2 or 25%.
You can see that for every coin you put in the machine, your expectation is to
get 25% back from a hand of two pair. Twenty-five percent! That is an impressive
number. Why do some games only pay 1 for 1 at two pair? Now you know. Of course,
they make up for that some of that by paying more on other hands, but you can
see the effect.
Ever wonder why some Joker Poker machines pay 20 coins (per coin played) for
four-of-a-kind and others pay only 15? The probability of 4K at Joker Poker is
about once every 120 hands; that calculates to 0.833%. Multiply .00833 X 20 and
the payback is 16.66%. Cut the payoff to 15 coins and the payback is reduced to
12.45%, a four percentage points decrease. Ouch!
What about Deuces Wild; what's the big payoff here? It is , like Joker Poker,
the four-of-a-kind (followed closely by three-of-a-kind). A 4K at Deuces Wild
will happen, on average, about once every 16 hands, or 6.25% of the time. If the
game pays 5 coins for a 4K, it contributes .0625 X 5 or a whopping 31.25% of the
payback. Cut that to 4 and the total return is reduced by over 6% (only 25%)!
Now you know why it is so important to read AND understand the pay schedule of
any video poker machine you intend to play. Dear reader, there are people out
there who sit up all night trying to think of ways to get your money into their
machines and they want to keep it. So, don't be tempted to break up those hands
to shoot for the royal. Learn and follow the proper basic strategy; your share
of royals will come.
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