So video poker is a very special exception to the casino rule and proper video poker strategy can really set you apart from your fellow casino patrons throwing their money away on low-odds games. And it's not far-fetched to believe you can learn how to win almost every session. For video poker the house edge usually ranges between 0.3% and 8% depending on the specific game/pay table. What this means is that every time you put a dollar into a video poker machine, you can expect to receive between $0.92 and $0.997 back, depending on the individual machine. But if you’re willing to take the time to learn what moves to make in what situations—meaning what cards to discard and when to discard them—you can win money playing video poker. Basic Video Poker Strategy. Here’s the basic strategy for playing winning video poker: Always hold a royal flush, straight flush, four of a kind, full house.

1. How To Beat Video Poker
2. Video Poker Slot Wins
3. How Can You Win At Video Poker
4. Largest Video Poker Win
5. Huge Video Poker Wins

When you are playing video poker games or slot games the general rule of thumb is that you should always bet the maximum amount that the machine will allow you to make. There are a few exceptions to this rule but we will explore those later in this article. For video poker games, the maximum bet is usually anywhere between 5 and 20 coins. For slot machines, the maximum bet can sometimes reach over 100 coins.

The main reason why wagering the maximum amount is smart is that most slot games and video poker games tend to offer bonus payouts or jackpots to those who do so. If you do not bet the maximum amount and you hit one of the jackpot hands or spins, you will not be rewarded with the jackpot prize. This is one of the worst feelings in the world and it is totally avoidable.

This bonus money adds a little bit of value to each spin and you will be missing out on this value if you fail to bet the maximum amount. Your goal as a gambler should be to scoop up as much value as you can so that you can gamble for longer and ultimately have more fun.

Common Excuses

There are a lot of common excuses that people have for why they are not betting the maximum bet each spin or hand. Most of these excuses are based on a misunderstanding or a superstition that can easily be debunked.

We will now take a look at some of these excuses and explain why they are flawed so that you can consciously avoid having these types of thoughts. The best way to maximize the amount of fun that you have per every dollar that you spend is to make the maximum bet and get the highest returns possible.

Excuse #1: “I Can’t Afford It!”

The most important thing that you need to do is make sure that you have a big enough bankroll to cover the maximum bet for a large number of spins or hands. If you do not have enough money to play the maximum bets then you should not be playing on that machine.

One of the best ways around this dilemma is to simply play at lower stakes so that you can comfortably make the maximum bet. If you are already playing on the lowest stakes that your machine has to offer and you still cannot afford the maximum bet, then you should try looking on different machines.

If the casino that you are playing in does not have any lower stakes machines then you are likely to find some at a different casino. There are many casinos that let you play stakes as low as 1 cent per coin, and if this is too much money for you then you probably shouldn’t be gambling at all until you get some more money.

Excuse #2: “I Just Hit a Big Score!”

Some people think that just because they recently hit a huge score that they should avoid making the max bets in anticipation of a cold streak. This way of thinking is based on the “gambler’s fallacy” which incorrectly assumes that if an outcome occurs more frequently than expected over a certain period of time that it will occur less frequently in the near future.

The truth is that the random number generator which controls the outcome of each hand or spin has no idea whether you have won recently or not. Even if you are on the exact same machine where you hit a jackpot, the odds that you will hit it again on the very next spin remain the same as they were before you hit it the first time. Therefore, you should continue betting the maximum amount on every spin no matter what has happened to you in recent hands so that you can scoop up that sweet value.

Excuse #3: “I Want My Money to Last Longer!”

Some players have more than enough money in their bankroll to comfortably bet the maximum amount of coins every hand or spin but they avoid it because they want their money to last longer. In their eyes, this is the safe way to play but in reality, it is the wrong thing to do.

The funny part about this misunderstanding is that betting the maximum WILL make your money last longer in the long run. However, if we are talking about a timeframe of just one day then anything can happen so you should keep in mind that we are talking about a very large sample size of hands or spins.

The reason why your money will last longer if you bet the maximum amount per spin is that you will be losing less money per spin. The extra bonus money which you receive on your jackpot wins will give you more money per spin over the course of millions of spins which means that you will be losing slower.

Excuse #4: “I’m Not Lucky Enough!”

Out of all of the excuses on our list, this one is by far the silliest. Every player has an equal chance at winning in slot machines, and every player who knows the correct strategies for video poker has an equal chance of winning as well.

The only way to actually prove that you are somehow less lucky than everyone else would be to complete millions of spins and compile the data so that you can analyze it. Most people have not come close to playing millions of spins and are basing their luck off of a very small and meaningless sample size.

Whether you consider yourself a lucky person or not you should still make the max bet on every spin or hand. Even if you were less lucky than everyone else is, it makes sense to bet a little bit extra so that your average return per coin will increase.

Exceptions to the Rule

1. The Max Bet Is Higher Than the Bet Amount Where the Bonus Payout Becomes Available

Anyone who is a frequent video poker player will know exactly what we are talking about here. Most slot machines do not normally have any options that are higher than the bet amount where the jackpot becomes available to the player.

For example, if you are playing in a Deuces Wild game you might notice that the Royal Flush payout increases dramatically from 1000 coins to 4000 coins when you up your bet from 4 coins to 5 coins. However, some machines will allow up to 20 coins per spin and there are no more dramatic increases to be found between 5 and 20 coins.

If you happen to be playing on a machine like this, then you do not have to bet the full 20 coins every time. In fact, you don’t need to bet more than 5 coins per hand. There is no extra incentive to do so unless you simply feel like betting more money per spin.

2. Games With No Extra Bonuses

Another exception to the rule occurs when you are playing in a game where there are no extra bonus payouts for betting the maximum amount. These games are actually pretty scarce these days compared to games that offer extra bonus payouts for a max bet.

Due to the lack of a payout bonus for max bets, you can bet whatever amount you want to since the whole point of betting the max amount is to take advantage of the bonus payouts. There is no mathematical difference between betting one coin or betting the maximum amount of coins in these games.

We recommend avoiding these types of games if you are the type of player who likes to bet the maximum amount every hand. Your willingness to make these large bets will serve you better in games where there are bonus payouts rewarded to any max bets.

3. You Don’t Care About Winning

This might seem like a joke, but there are definitely some people who are so rich they don’t care if they win or lose. Some of them even enjoy the act of losing because it barely makes a dent in their bankroll and it makes them feel invincible. There are a plethora of alternative reasons why people don’t care about winning or losing slower, but we don’t want to turn this into a psychology paper.

If you are one of these particular human beings then be our guest and do not make the maximum bet on every spin or hand. This will ensure that you lose more money per spin in the long run, which is exactly what you were hoping for!

What to Remember

You should always make the maximum bet in a video poker game or a slot game as long as you have enough money in your bankroll. The only logical exceptions to this rule are when the specific game that you are playing does not offer bonus payouts on a max bet or if the bonus payout is achievable by paying less than the maximum bet.

Ignoring this rule is going to ensure that you do not get the maximum value out of every coin that you bet. Anyone who hates money will be happy to hear this, but everyone else should be excited about taking advantage of some extra value by making the maximum bet.

Even though the jackpots are rare, claiming this extra money from time to time will allow you to lose less money per spin over the long run. This contributes to the ultimate goal of having as much fun as possible while gambling by allowing you to play for more time per deposit, on average.

It does not matter if you think that you are an unlucky person, or if you think you already used up your luck by hitting a jackpot on a previous spin. The random number generator that decides the outcomes of each spin or hand in slot games and video poker games does not care about who you are or the results of your previous rounds.

The only control that you have over your fate, other than learning a proper strategy for the games that require one, is to make sure that you make the maximum bet for each round. By doing this you will give yourself a chance at hitting a jackpot while simultaneously knowing that it is the logical and mathematically correct play in the long run.

by Steve Bourie Learn more about the author read more »

Anyone who’s played video poker for any length of time has probably heard stories of professional players who can consistently beat the casinos. But, is itreally true? Are there actually players out there who can do that? Well, yes there are and I was fortunate enough to track down one professional video poker player who agreed to an interview togive me some insight into his lifestyle and how it came about.

My inital meeting with Johnny Chung (not his real name) was at a restaurant in a 'locals' casino in Las Vegas in November 1998. I ransome general video poker questions past him and it was quickly obvious that he was an extremely knowledgeable player. He lives not far from Las Vegas with his wife and two daughters and reliessolely on his gambling winnings to make his living.

Keep in mind that I didn’t ask to see his bank accounts to verify his income but I did check with other knowledgeable players and I am very confident that his story is true. Two monthsafter our first meeting I conducted the following interview by telephone from my home in Florida.

How did you originally get involved in gambling?

Chung: The first time I came to Las Vegas was to play blackjack during the early ‘70s. I would come on the weekends and I was strictly a card counter back then.

Were you successful at it?

Chung: Not as much as I could have been, if I had really concentrated on it.

So, you were just doing this for fun and trying to make a little extra money?

Chung: Yes, and I only played single deck. I didn’t try to count multiple decks. Then, when the video poker machines started coming out in the early ‘80s, I thought it was a lot easier to makemoney off those than it was from the blackjack games. I started studying them and I began playing them on weekends too.

Did you stop playing blackjack then?

Chung: Pretty much so. It was too hard and the main hassle was that they always shuffled up on you or they kicked you out. I didn’t like that.

Did you ever try to disguise yourself at the blackjack tables?

Chung: No. It seemed to be too much trouble for me and the return didn’t seem to be enough.

When those first machines came out, was it generally known that there were some machines that you could make money from?

Chung: Not really. You kind of had to hand-calculate the returns and I just made estimates. That was really before they had computers and the software that could analyze the games.

What kind of machines were you playing back then?

Chung: Jacks or better progressives.

8/5 (8 coins for a full house/5 coins for a flush) progressives?

Chung: 8/5 and 9/6 progressives.

Were you just playing if the jackpot was above a certain amount that made it a positive expectation machine?

Chung: Yes.

So, you discovered that if you only played progressive machines when the jackpot was above a certain amount, you had a theoretical advantage?

Chung: Yes. Actually, it was Stanford Wong who first started publishing books about the progressives and what levels the jackpots had to be at in order to win.

That was Professional Video Poker? His book that’s still out now?

Chung: Yes, I think it’s been revised since then, but originally he was the first one who published anything about it. Then in the late ‘80s some other books started coming out along withcomputer software that really let you analyze every game, so you could see exactly what the payback was and also what the strategy was for every game.

But you still weren’t trying to make a living fromvideo poker at this point?

Chung: No, up until 1994, I was just playing on weekends and I would drive there from my home in California.

What happened in 1994?

Chung: Basically, the aerospace industry fell apart and my company laid off everybody.

Then you had the option of going out and finding another job?

Chung: Well, I saw it coming and I knew I was just going to play video poker full time as soon as I was laid off.

When the big change came, what happened? Did you pack up and move to Las Vegas?

Chung: Yes. The whole family: my wife and two daughters. When I first moved here I lived right next to the Santa Fe Hotel in North Las Vegas. We only moved out here to our new home about a yearago.

Were you successful right away?

Chung: Yes, the first year I made about $80,000 and the next two years about the same. Last year was the best: about $135,000.

What’s the worst year you ever had?

Chung: Well, full time $80,000.

Did you ever have a year when you lost money?

Chung: No, never even had a month.

Is this a full-time a job for you? How much time do you put in?

Chung: 8 hours a day, 5 days a week.

So it’s like a regular job?

Chung: Well, I can vary that however I want, depending on the conditions. If I find an especially good machine I will play more.

Do you work on the weekends?

Chung: If there’s a special promotion that gets me an added return, I might.

How do you find out about these special promotions?

Chung: Newspaper ads, or friends of mine. We have a message beeper network where we leave messages for each other about what the best plays are and everything.

So there are other people who do this besides yourself?

Chung: Yes, I would say, in Nevada, maybe 25 people do this full-time for a living and maybe another couple hundred part-time.

Are there professional video poker players in other states?

Chung: Well, I haven’t seen anyone outside Nevada I would consider a full time professional.

Besides Las Vegas are there other places to play professionally? How about Reno?

Chung: If there are professionals who live there, I don’t know who they are. I’ve been up there and I don’t think there are enough machines there to sustain them full time.

So, as far as you know, the only people doing this are the ones around Las Vegas?

Chung: Yes, but there are also some who do it by traveling to a few other good spots around the country.

What is a typical day like for you? Where do you go to play?

Chung: Right now I have three places that I go to where the best machines are. I really don’t want to say what they are, but it’s the same game in three different places and I just split up theaction among the three places.

These are machines that return more than 100%?

Chung: Yes, 103.2%, plus cash back too.

That’s it? Those are the only machines you play?

Chung: Right. Generally, what I do now is play until I get a royal flush in one place then I go to one of the other two places because I don’t want to get too many royals at the same place.

You don’t spend all your time going to those three places every single day, do you?

How To Beat Video Poker

Chung: Well, right now, yes. That’s the way conditions are now, but it’s not always that way.

But, if there’s a special promotion somewhere, would you go there instead?

Chung: Yes.

And you find out about those specials by either reading the newspaper or from your friends?

Chung: Yes, and sometimes the casino will also send you monthly newsletters that tell you about these specials.

When do you decide that it’s best to leave Las Vegas and go around the country to try other places?

Chung: Mainly when there is nothing in Nevada that’s over about 102%. That’s what I try to play as a minimum return - 102%. That will give me about $35 to $40 an hour.

On quarters or dollars?

Chung: On quarters.

Do you ever play $1 or $5 machines?

Chung: Not really, because fluctuations are a lot higher on those machines, plus you won’t find nearly as many games offering the higher payback percentages.

So you would prefer to play quarter machines?

Chung: Yes. Unless you find an exceptional play on a dollar machine, which is very unlikely. About the only thing I’ve played on dollars is Williams Blackjack.

If you found a quarter machine with a 102% payback, and you also found that same machine at the dollar level, would youstill prefer to play the quarter machine?

Chung: It depends what the game was and what kind of fluctuations you could expect in that game, but generally speaking that’s probably true. But, you also have the additional problem with thedollar machines that you get tax forms on the royal flushes and you have to report that to the IRS.

One thing I’ve always heard about professional video poker players is that they would rather play a $5 machine, than a quarter machine, assuming they had the same paytable, because theprofit per hour is much higher.

Chung: Yes. Except, it’s something you get frequent tax forms on and you have to wait about a half-hour hour for each one. Plus, you need a lot larger bankroll to play the higher machine.

Have your ever played $5 machines?

Chung: No, I’ve never played a $5 machine. You hardly ever find one that’s above 100% to begin with, and if it is, it usually doesn’t last for very long.

The machines you’re playing now are 103%, but if they take those machines out and the video poker inventory become bad, you would then decide to go somewhere else in thecountry?

Chung: Yes, I would.

But do you know ahead of time when you are going to these places that there is good video poker there?

Chung: Yes, I pretty much know ahead of time before I go.

Video Poker Slot Wins

And how do you find that out?

Chung: I know a couple of people back there that keep me posted on what’s happening. Right now Bettendorf, Iowa and Kansas City, Missouri are the only places that have enough to make it worthtraveling to. One has blackjack machines and the other has video poker. You could probably make about $40 to $50 an hour, but you could do the same thing here, so there’s no reason to travelright now.

How often do you leave Las Vegas to travel around the country?

Chung: Well, last year I did it a lot because there was very little in Las Vegas, but now there’s quite a bit, so I probably won’t be going anywhere for a while.

Is there a certain kind of machine that opened up in Las Vegas that made it better?

Chung: Well, yes. There are certain types of games now.

You don’t want to mention the game?

Chung: There are two games actually. I can mention one because everybody knows about it. It isn’t the one I’m playing, but it’s the one I would play if something happens to the other one. It’sthe quadruple deal Odyssey machine.

There are three or four places here that have them with full-pay jokers. It’s a 101% game and 101% on that is the same as playing about 103% on a regular machine because you can get three timesas many hands.

You don’t like full-pay deuces on those machines?

Chung: Well the joker’s a higher pay back. It’s 101% and the deuces is 100.7%.

How much time did you spend outside of Las Vegas last year?

Chung: Last year was virtually 11 months out of 12.

It was that bad?

Chung: Yes.

What do you play when you go to these other places?

Chung: In Kansas City I played All American video poker. That was a 103% game. Then in Illinois and Iowa I played $1 Williams blackjack.

Are those machines still around?

Chung: There are a few of the Williams blackjack games still around, but on the All American video poker they changed the payoffs, so they’re only 100.7% now instead of 103%.

What was the big advantage on those Williams blackjack machines? They allowed early surrender?

Chung: Yes, it was a single-deck game with early surrender and doubling only allowed on 10 or 11. That makes it a 100.35% game (against perfect basic strategy), plus the cash back.

Could you double after a split?

Chung: No. In fact, you couldn’t re-split. Dealer stood on soft 17. And if you got six cards it was an automatic winner. The early surrender was the big difference. You could surrender on yourfirst two cards against a 10 or an ace. So, even if the dealer had a blackjack, you still got half your bet back.

That’s the game they used to have in Atlantic City when they first opened the casinos?

Chung: Yes. It’s about a break even game at six decks. With single deck it’s about a .35% edge for the player, plus many of those casinos had a lot of cash back along with it too.

So you did well on those machines?

Chung: Yes, I made about $50,000 on those by themselves.

Don’t the casinos find out that these machines are beatable?

Chung: Well, eventually, just by the amount of money they lose. I guess if the company that makes the game tells them the payback is less than 100% they believe them for a long time, even ifthey’re losing money on them. Finally, they have to come to the conclusion, after they lose a couple of hundred thousand dollars, that the company was wrong.

Don’t you think that most people don’t pay properly and they can’t achieve those paybacks and the casinos probably still make money on those machines?

Chung: With the quarter machines you might be right and that’s why a lot of the quarter ones are still there. But the dollar ones attract the pro’s.

When you go out to play do you think you’re going to win money every day? You must have bad days.

Chung: Last year there were 262 winning days and 58 losing days.

So you keep a log every day?

Chung: Yes.

What’s the worst losing streak you have ever had?

Chung: About $3,500.

That’s in quarters?

Chung: That’s in dollars too. But, remember it’s only blackjack I play in dollars and there are a lot less fluctuations in blackjack because you don’t have to wait for any rare hands to win.

How long did it take you to lose $3,500?

Chung: Oh, probably 3, 4 or 5 days. If you lose that much it’s usually over a period of time. Any longer than that and it’s going to come back up.

That doesn’t seem like that much money to lose in 4 or 5 days.

Chung: Well, all I can say is that I‘m a lot more conservative when I play than most of the pros and by playing video blackjack I’ve had a lot fewer bad days than I would have with video pokeralone.

Do you put a limit on your losses? Say if you lose $1,000 you stop for the day?

Chung: No, I just play for as many hours as I want to play.

So, when you start your eight hour day, if it’s 9 o’clock in the morning, you decide you’re going to play video poker and you’re not going to stop until 5 o’clock no matter whathappens?

How Can You Win At Video Poker

Chung: Yes. There’s no sense in stopping. I try to play my game so the expected win is about $300 a day. Total money times percentage makes about $300.

But you don’t stop when you hit the $300? You keep playing?

Chung: Yes, for 8 hours or so. I try and look for a game that would have an expected return of at least $300 for eight hours of play.

So, if it’s a 103% game and you’re putting . . .

Chung: Eight hours and 1,000 hands would be 8,000 hands x $1.25 a hand. So, it’s $10,000 x 3% which is $300.

So, if you started playing at 9 a.m. and at 10:30 you hit a royal you wouldn’t stop? You just say it’s part of your overall win and keep going?

Largest Video Poker Win

Chung: Yes, and I’ve hit seven in one day.

Seven in one day? That’s pretty good!

Chung: Yes, that was unusual. I’ve had quite a few where I’ve hit three in a day but seven was unusual.

What’s the longest you’ve gone when you haven’t hit a royal?

Chung: Well, not counting all the time I was playing the blackjack machines, probably about two weeks.

How many hands do you play an hour?

Chung: On one machine about 1,000; two machines about 1,400.

1,000 hands an hour? That’s pretty fast!

Chung: Yes. You have to hit the keys immediately. You can’t have any time to think about what you’re going to do. It has to be automatic.

Does your wife have any problems with your gambling for a living?

Chung: No, actually she plays with me sometimes.

Does she want to become a professional?

Huge Video Poker Wins

Chung: No, she just plays for fun, but she’s been making money on it too.

How old are your kids?

Chung: One is 20 and the other is 17.

Do either of them have an inclination to gamble?

Chung: I’m sure the older one wants to try it when she’s old enough.

Do you think she might want to become a professional player?

Chung: Of all the pros I know it’s almost exclusively men and I’d say only one or two are women. But, I know she has enough of a mathematical inclination, so she might.

As noted previously, this interview was originally done by telephone in January 1999. I followed up with Chung again in late August and he was back in the Midwest. He said he had left inApril to play $1 blackjack machines but he 'found something much better.'

Of course, he wouldn't say exactly what it was, but he did say 'it involved a programming error on certain video poker machines and it was very, very profitable.' Chung was spending all ofhis time traveling throughout the country searching for these particular machines (he found them at 25 different casinos) and he only returned home for about three days each month.

I lost track of him after that last conversation but I later read some stories about a malfunction with certain video poker machines at casinos in the midwest and,evidently, the casinos had lost millions of dollars to customers who were able to 'milk' these particular machines. Was he one of those people? I don't know for sure, but I'd be willing tobet on it!