Ask any casino executive and they'll tell you that video poker is a real money maker for the house. Yet, many video poker games feature a house edge of less than one percent, and others still can actually yield over a 100% payback if the player uses an optimal playing strategy. Thus, the question needs to be asked: How can these to seemingly contradictory facts be reconciled?
The answer lies in the fact that the optimal strategy for many video poker games is counter-intuitive. Sure, there are plenty of hands that everyone plays optimally; if someone is dealt the As Ks Qs Js 3h, for instance, you will search long and hard before you find a video poker player who would insist on discarding four and keeping the three of hearts. But there are are myriad hands where what would appear to be the correct strategy actually costs the player money. And in some cases this loss can be significant.
To better illustrate let's look at a game that most of us are familiar with; Jacks or Better. At first glance this game looks like a breeze to play. There are only nine hands that qualify for a payback, and it's usually pretty easy to tell when you have a draw to one of those nine hands. Yet everyday video poker players across the nation are throwing money away by making poor (yet 'intuitively correct') playing decisions. Let's look at a few different hands, and see how the optimal strategy varies from the intuitively correct strategy.
Mistake 1) Keeping 'Ace-face card-face card' instead of just holding the two face cards.
You see this play made all the time, and yet few players know what a disaster it really is. The idea behind keeping the ace is that you have a better chance of making an ace-high straight, and you also have three high cards that you can try to pair up on the draw. However, by keeping the ace you're eliminating your chances of making four of a kind or a full house, and reducing your chances of making two pair. The slight gain you receive through your increased chances of making a straight don't begin to compensate for these other significant losses.
Mistake 2) Not trying enough long shot draws at the straight flush.
The straight flush may be the most misunderstood hand in Jacks or Better. It doesn't come around very often, and it doesn't have the sex appeal of the royal flush, and as a result most players neglect it. When dealt a hand like the 9c 7c 5c 3s 2d many players will simply discard all five and redraw. The assumption here is that the straight flush will almost never come in, so they would rather 'cut their losses' and try to pick up a big pair on the redraw.
Again, this makes sense at first glance. Yet what is forgotten in this kind of analysis is that by keeping the 9c 7c 5c the player also has a chance at a straight or a flush. Now it's true that a draw like this isn't a real moneymaker. But it will still pay more, in the long run, than drawing five new cards.
Mistake 3) Keeping a suited AT as opposed to just keeping the ace.
This is one of the most common mistakes made by video poker players at Jacks or Better. Now I'll be the first to admit that holding the ace and the ten is far more fun then just drawing to the ace. After all, when you hold the ace and the ten you have at least a small chance of something really good happening; namely, hitting the royal on the draw. You also have a better chance of making a straight or a flush. Yet as with the hand we examined in Mistake #1 these gains do not outweigh your decreased chances of making four of a kind, three of a kind or a big pair. If you want to play optimally you'll have to discard that ten; I know it's tough, but it must be done!
These are three of the most vivid examples of poor play, although there are plenty of other mistakes that a video poker player frequently makes in the course of a playing session. If your goal is to reduce the house edge as much as possible I recommend picking up a book that contains charts detailing the finer points of optimal play. There are a number of books like this out on the market, and they're definitely worth the sticker price. Pore over the charts, and compare the plays they recommend with the plays you're currently making. I guarantee it will be a real eye-opening experience.
Guy Downs has been an advantage gambler for eight years. You can find more of his video poker advice at http://www.ilovevideopoker.com
Money Management: Picking "your" spotI'm sure we've all talked about... Read More
Since the emergence of a few online casinos in 1996,... Read More
Many people believe professional-level sports bettors win at least 60%... Read More
Myths and rumors come with every gambling game. However undesirable,... Read More
There are really two main options to owning a casino... Read More
The majority of casinos attract new business by offering players... Read More
Information is the key.In how many circumstances is that applicable?... Read More
Unlike many other more "social" casino games, video poker is... Read More
Over the past few months there has been a significant... Read More
There are a few points of virtual casino etiquette that... Read More
This short article aims to quickly cover some of the... Read More
Roulette is the third most popular casino game worldwide, after... Read More
Roulette System: Confession of the Roulette Dealer on Dealer's signatureThis... Read More
Online Poker has increased in popularity exponentially over the past... Read More
If you're new to Texas Holdem poker this article will... Read More
Online casino black jack is said to have originated in... Read More
I love Major Millions. And realistically speaking, there's not really... Read More
Pssst...! Wanna know a secret?How about the secrets of the... Read More
In casino gambling, sometimes even the most knowledgable players turn... Read More
Lotto System: How you can win lotto easily and automaticallyIn... Read More
When arriving in one of the most exciting cities on... Read More
Poker seating and the position one has at the table... Read More
Online casinos have many ways to "trick you" into gambling.... Read More
Pssst...! Wanna know a secret?How about the secret of Betting... Read More
The excitement and popularity of the gambling games entices few... Read More
Many times while gambling, I've found myself searching for subtle... Read More
Pssst...! Wanna know a secret?How about the secret of Pushing... Read More
How To Extend Your Stay & Play At A Casino... Read More
Against the popular belief, gambling did not originate in the... Read More
Although I started using online sportsbooks almost ten years ago,... Read More
After being in sports betting for about 23 years you... Read More
Start with Small Stakes and Play Tight, Tight, and More... Read More
Through proper education, society can develop programs to stop compulsive... Read More
Information is the key.In how many circumstances is that applicable?... Read More
Did you know that most recreational bettors don't make a... Read More
Poker's new upsurge in popularity in is due to televised... Read More
In People magazine's December 2004 issue, Gus Hansen was voted... Read More
When I learned to play poker I did it the... Read More
Many players seek to increase their chances of winning at... Read More
The most perplexing holding in draw poker is two pairs.... Read More
The excitement and popularity of the gambling games entices few... Read More
Pssst...! Wanna know a secret?How about the secret of converting... Read More
Using the standard poker hand ranking methods (see below), the... Read More
I continue my articles about learning to master online poker... Read More
As all the poker sites on the internet call themselves... Read More
Slot machines are by far the easiest - and one... Read More
With the recent explosion of interest in poker, it is... Read More
There are three basic types of video poker machines:* Jacks... Read More
Poker, black jack or any other casino game with a... Read More
OVERVIEW: NFC WestThe Arizona Cardinals have posted a mark of... Read More
Casino & Gambling Casino & Gambling |
|