Anybody can learn
how to play video poker. Anybody can learn drive a stick shift also, but
that does not mean that learning to drive a stick shift is a trivial matter. Likewise,
learning to play video poker is not a trivial matter and requires an investment
of time. “Investment” is the
appropriate word here because learning to play video poker correctly will save
you money. If you play a lot, it will save you a lot of money.
As important as
saving you money, playing with the correct strategy will not diminish your
enjoyment of the game. Truthfully, playing correctly will require effort in
the beginning, but with practice playing correctly becomes so automatic that it
requires almost no effort. In contrast,
you could learn to be a card-counter and play blackjack, but this is difficult
work because you need to count all the cards played and then keep a running
total of the count from hand to hand.
In addition, you might get thrown out of a casino for card counting, but
it is very unlikely that you would be thrown out for playing video poker with
expert strategy.
On the surface, video poker is pretty straightforward.
You bet from 1 to 5 coins. Five cards are dealt from a 52-card deck. You hold
from 0 to 5 of the dealt cards. You hit a button that draws new cards to
replace the ones that you discarded. The machine pays you credits based upon
the final five cards.
A ‘pay table’ or
‘payout table’ determines how much you get paid for each hand. Let’s look at the payout table for a popular
video poker game. The payout for each hand is in bets. For example, if you bet
maximum (5) coins on a 25 cent machine, then 1 bet is $1.25. If you hit the flush in Jacks or
Better, you will get $7.50 (6 bets X 5 coins/bet). The machine registers
credits in coins, not dollars. One credit on the machine is worth one coin.
If
you have 200 credits on a 25 cent machine, you will have $50 (200 X 25
cents). So If you end up with a flush
in Jacks or Better, you win 6 bets, which works out to be 30 coins (6 bets X 5
coins/bet).
The payout table for Jacks or Better is listed below. With each payout, an example of the hand is presented.
| Hand | Payout |   |   |   |   |   |
| Royal Flush | 800 | ![]() |
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Straight Flush | 50 | ![]() |
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Four of a kind | 25 | ![]() |
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| Full House | 9 | ![]() |
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| Flush | 6 | ![]() |
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| Straight | 4 | ![]() |
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| 3 of a kind | 3 | ![]() |
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| Two Pair | 2 | ![]() |
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| Jacks or Better | 1 | ![]() |
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So if your final hand is a pair of jacks, queens, kings, or aces, you will win back your
original bet ($1.25).
Of course, the better hands are less likely to
occur. While a high pair will occur
quite often, four-of-a-kind will occur only about 1 in every 430 hands if you
play the machine correctly.
The difficulty of
the game arises from the fact that 52 cards can be arranged in a very large
number of ways. For the initial
deal, there are over 2.5 million combinations possible. Fortunately, these
combinations can be grouped in such a way that a winning strategy can be
learned that is not too complicated. In addition, many of the rules of the
strategy are pretty intuitive. For example, if you were dealt the following
hand, which cards would you hold?
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Holding the pair of fours seems like the logical thing to
do and this is the correct play. Of course, there are situations when the
correct play is not that obvious.
Consider the following hand.
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In this case, is it better to hold the pair of fours or
hold four to the flush? The correct play is to hold the four to the flush
because a flush pays 6 coins. Of course, the correct play may depend on the
type of game you are playing (Jacks or Better, etc.). The strategies for the
three most popular games are detailed in Chapters 6-8.
A knowledge of
poker is helpful to learning video poker, but can also be detrimental. It
is important to understand the basic hands that are possible, but the
strategies for poker and video poker are very different. Why? In poker, you
just want to beat the other players. In video poker, you want to try and get
great hands that pay you a lot of money.
Fortunately, for
each set of cards that are dealt, it
can be determined what the best draw is to achieve the best return. This makes a very different game than poker,
where you need to try and guess what hand your opponent has. This also makes
video poker much easier because you can know ahead of time exactly what to do
in each situation. In addition, you don’t have to worry about the video poker
machine shooting you in the back when you get up to leave with your winnings.
With five cards dealt from a 52 card deck, there are a
very large number of card combinations that might appear on the draw.
Fortunately, a winning strategy can be devised that consists of a relatively
small set of rules. Some of these are very obvious, some are not obvious at
all. If you learn all the rules, you will be playing with expert strategy. But remember that you can get a great
return without knowing all the rules (remember the flat part of the curve at
skill level 10?).
It’s time for
another picture that will introduce the three most popular games. Figure 7
shows the financial reward of the three most popular games if you play with
expert strategy and near-expert strategy. This
book describes a near-expert strategy for double bonus because the expert
strategies are significantly more complicated than the expert strategies. As you can see in the table, the near-expert
strategy will produce an expected financial reward that is very close to the
reward produced with the expert strategy (within.01% for double bonus). To play
double bonus poker with perfect strategy, you would need many new rules and
some of these rules are quite complicated. The expert strategies for ‘Jacks or
Better’ and ‘Deuces Wild’ are sufficiently easy to learn that a near-expert
strategy is not necessary.

Figure
7
As figure 7 shows, two of the three games offer the
player an advantage over the casino. While the casino does have a slight advantage
in “Jacks or Better”, the player can still expect to be ahead overall because
of other compensation (e.g., rooms, food, and cash back).
There is another game that offers an advantage to the
player called “Joker’s Wild”. This game offers about a .6% reward.
Unfortunately, because the full-pay version of the game is not as widely
available as the other three games, this game is not described here.
It is important to remember that for each of these games,
a number of payout tables may be available. Remember that the machines that use the highest payout tables are
called ‘full-pay’ machines. These full-pay machines are what you want to be
playing. The availability of these machines varies. In general, you can
find the most full-pay machines in Las Vegas, but some are available in other
locations.
Remember, knowing how to read the payout tables is as
important as playing correctly. It is often the case that you can find two
machines right next to each other that offer different payouts and a person will
be playing the lower payout machine out of ignorance (since there is no obvious
way to determine which machines are Full-Pay without knowing what the Full-Pay
payout tables are). The existence of these lower payout machines can be good
for the smart player, because they can make money for the casino so that they
can offer the better paying machines as well.
You can still win
playing a game that offers less than 100% and still lose when playing a game
that offers more than 100%. The likelihood of being ahead or behind depends
upon three things: the payout table of
the game, the number of hands that you play, and your luck. Understanding
how luck will affect your play is critically important -- an entire chapter is
devoted to it (see Chapter 3 -- Variability: Heaven and Hell).
Which game should
you play? Of the three most popular games, which is best suited for you?
This answer depends on a number of factors. If you are planning on playing a
lot, then you may want to play a game that offers a positive return. However,
when you factor in the rewards from slot clubs (see chapter 4), all of these
games offer a positive return.
Ultimately, you want to play the game that you enjoy playing the most as
well. You are gambling to have fun, not
to make money (if you think you can quit your day job, see Chapter 3).
Figure
8 shows how risky the three games are for a day of solid video poker, which is
about 5,000 hands (For complete graphs for what to expect in the short, medium
and long run, see Chapter 3).

Figure
8
As you can see,
Jacks or Better is a good game because the game is less volatile (i.e., has a
skinnier distribution) as the other two games. Personally,
I find Jacks or Better to be less exciting because there is less opportunity
for big hands (less psychological reward). For example, four-of-a-kind (which
is the most common big hand) only pays 125 coins ($31.25). But if you like this
game, then play it. The game offers a slightly negative return (-0.46%) which
can be brought up to a positive return with other comps (compensation).
Double bonus poker
offers a lot of excitement and a good return, but is riskier and a little more
difficult to play. This game offers larger payouts for any four-of-a-kind.
Most four-of-a-kinds pay 250 coins ($62.50); some pay $100 (2s, 3s and 4s) and
four aces pay $200. This game is very exciting. On the down side, you can lose
a lot of money quickly when you are not hitting those four-of-a-kinds. Of
course, you can soar if you are hitting those four-of-a-kinds .
The overall return of Double Bonus poker is quite
good (0.16% or 0.5% for a version which
pays 80 bets for the straight flush instead of 50), but the volatility of the
game can be frustrating.
Deuces-wild offers
a great return (0.76%), but this game
is also high in volatility. This game is a favorite for many video poker
players, although I find it a little less exciting than Double Bonus poker
because the only really big hand (besides the royal straight flush) is four
deuces, which pays $250. In this game,
you can expect to hit four deuces about once every 6 to 8 hours. In contrast,
in Double Bonus poker, you can expect to hit a four-of-a-kind of at least $100
about once ever 2 hours and a $62.50 four-of-a-kind about once every hour. In
addition, the use of wild cards increases the difficulty of understanding the
hands. But, as with all of these games, playing the game can become very
automatic with practice.
Finally, it is
best to start out with one game and stick to it until you can play it in your
sleep. If you then want to branch out to other games, you can do that
but be careful about games that have wildly different strategies. For example,
there are subtle differences between near-expert strategy for Jacks or Better
and Double Bonus poker, but you would still get a return of about -0.5% in
Double Bonus poker if you played with a Jacks or Better strategy. However, if
you switch between Double Bonus poker and Deuces Wild, then you must switch
your strategy or you will lose money very quickly. Because the strategies are fairly complicated, it is easy to
misapply just a couple of rules that will cost you money. So, be careful about switching games unless you really know what you
are doing.