video poker

The people who might be most interested in video poker are slot machine players. Most slot machine players don’t know the crucial difference between slots and video poker:

The odds of winning at online gambling review Singapore video poker are WAY better.

Gambling machines measure their odds of winning using a term called “payback percentage.” It’s the flip side of another gambling term called “the house edge.”

In short, these are percentage representations of how much of your bets the casino stands to lose or win based on the math behind the game.

Here’s an example:

You read an article in a travel magazine that says the slot machines at the Las Vegas airport have an average payback percentage of 80%.

This means that over the long run—thousands or tens of thousands of spins—the casino expects to pay out winnings of 80% of the money you run through the machine.

If you’re playing for a dollar per spin, and you play for an hour, making 600 spins in that hour, you’ve put $600 through the machine. The casino expects to pay you back winnings of $480 on that money. THEY expect to win 20% of that action.

Keep in mind that this is a long-term expectation. In the short run, you may well win. In fact, if no one ever won, no one would play.

The problem with slot machines is that no one really knows what the payback percentage for a specific machine is. The game only provides you with half the information you need to calculate the long term expectation of the game.

Video poker, on the other hand, offers a higher payback percentage than almost any slot machine game (see this article). And it provides all the information needed to calculate the payback percentage for the game.

That’s because the random number generator on a video poker machine duplicates the odds you’d see if you were using a standard deck of 52 cards.

If you know the probability of a winning combination along with the amount it pays off, you can multiply the 2 figures to get the expected return for that result. Add those together for all the possible results, and you have the payback percentage for the machine.