Video Poker: How Come People Lose More Than They Really Should
Posted in Video Poker on 10/18/2010 07:21 pm by Duncan
Ask any gambling house executive and they’ll inform you that video poker is a real money maker for the house. Yet, quite a few electronic poker games feature a casino edge of less than one percent, and others nevertheless can in fact yield over a 100 % payback if the gambler uses an ideal betting 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 optimum strategy for numerous electronic poker games is counter-intuitive. Certain, you’ll find lots of palms that everyone plays optimally; if someone is dealt the As King Spades Queen Spades Js 3h, for instance, you’ll search lengthy and challenging prior to you discover a video poker gambler who would insist on discarding 4 and holding the 3 of hearts. Except you will discover are myriad fingers where what would appear to be the correct method basically costs the gambler money. And in several cases this loss could be significant.
To better illustrate let us look at a game that most of us are familiar with; Jacks or Better. At very first glance this casino game looks like a breeze to play. You will discover only nine palms that qualify for a payback, and it’s usually pretty easy to inform if you have a draw to one of those nine hands. Still everyday electronic poker gamblers across the nation are throwing money away by doing terrible (however ‘intuitively correct’) betting decisions. Let’s appear at a few unique palms, and see how the ideal strategy varies from the intuitively correct strategy.
Error One) Preserving ‘Ace-face card-face card’ as opposed to just holding the 2 face cards.
You see this play created all the time, and nonetheless few players know what a disaster it truly is. The concept behind holding the ace is which you have a superior probability of constructing an ace-high directly, and you also have three great cards that you can attempt to pair up on the draw. Even so, by maintaining the ace you’re eliminating your odds of making four of a variety or even a full casino, and reducing your chances of constructing two pair. The slight gain you receive via your increased odds of making a straight do not begin to compensate for these other significant losses.
Error 2) Not trying sufficient long shot draws at the directly flush.
The directly flush might be probably the most misunderstood hand in Jacks or Better. It does not come around quite typically, and it does not have the sex appeal of the royal flush, and as a result most gamblers neglect it. When dealt a hand like the nine clubs seven clubs 5c three spades 2 diamonds quite a few players will simply discard all five and redraw. The assumption here is that the direct flush will nearly never come in, so they would rather ‘cut their losses’ and try to pick up a major pair around the redraw.
Again, this makes sense at initial glance. Nonetheless what is forgotten in this sort of analysis is the fact that by maintaining the 9c seven clubs 5c the player also has a chance at a directly or perhaps a flush. Now it is true that a draw like this isn’t a authentic moneymaker. Except it will nonetheless pay a lot more, in the extended run, than drawing five new cards.
Error Three) Holding a suited Ace-Ten as opposed to just keeping the ace.
This is one of the most common errors created by electronic poker players at Jacks or Better. Now I’ll be the initial 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 may have at least a small probability of some thing actually great happening; namely, hitting the royal on the draw. You also have a much better probability of making a direct or a flush. Still as using the hand we examined in Error #1 these gains do not outweigh your decreased odds of creating 4 of a sort, three of a form or even a major pair. If you want to bet on 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 inadequate wager on, although there are plenty of other mistakes that a electronic poker player frequently makes in the course of a betting session. If your goal is to reduce the casino advantage as much as feasible I recommend picking up a book that contains charts detailing the finer points of ideal play. You can find a variety of books like this out around the market, and they’re certainly worth the sticker price. Pore over the charts, and compare the plays they suggest with the plays you’re currently making. I guarantee it will probably be a authentic eye-opening experience.