This Jacks or Better video poker pay
schedule is a classic full pay game that over time is
expected to payoff at the rate of 99.54% of the amount
bet. That's a good rate for casino games.
In other words, if over time, with wins
and losses, you bet a total of $6,000 - you can
mathematically be expected to come out with ($27.60)
That loss amount is calculated as
($6000 x .9954) - $6000 = -$27.60).
So, then. Why would anyone ever want to
plat this game? Well, for one thing, it's better than most
slot machines and certainly better than keno or roulette.
Of course, losing less money on this game than others is
not much of a positive thing is it?
Most people, myself included, rely upon
luck to come out ahead at any given time. In the short
term you can win. However, in the long term, you will
lose. In the meantime you'll have the enjoyment of winning
plus the recreational value of playing.
However, if you take advantage of casino
promotions you can come out ahead mathematically in the
near long term. For instance, Captain Cooks casino
currently has a new player promotion that gives you a 200%
bonus on a new account. When you deposit $100 they'll give
you an extra $200 in a free gaming cash. But, you cannot
cashin your winnings until
1. You have a
$600 cash balance. Cashin
minimum of 2 x (Deposit + Bonus) = ($100+$200) x 2 = $600
2. You have made bets totally at
least $6,000. Wagering
requirements for play on any Video Poker and/or Blackjack
is 20 times the qualifying purchase and bonus received =
($100+$200) x 20 = $6,000
With these rules you'll have to do a lot
of betting before you cashin a winner. Plus a little short
term luck would be helpful.
After placing total bets of $6,000 the
math says you can expect to have $27.60 in net losses
leaving you a cash balance of $272.40 ($100+$200-$27.60
= $272.40). But hey, remember you only put in $100
of that amount. Yes folks, you've made $172.40 ($272.40-$100=$172.40).
Now, you've got to keep betting until your
cash balance reaches either $600 or Zero. One way you lose
$100 and the other way you're a $500 winner ($600-$100=$500).
The promotions for
Captains Cook casino
and every other casino change often. But the math still
works out the same. Read the rules if you want to
try.
Back to the Complete Video Poker Strategy for Fun and Profit.
