Electronic Poker: How Come Players Lose More Than They Really Should
Thursday, 16. December 2010
Ask any casino executive and they’ll inform you that electronic poker is really a real money maker for the casino. Nonetheless, numerous electronic poker games feature a casino edge of less than 1 per-cent, and others still can truly yield over a 100 percent payback if the gambler uses an optimal 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 system for numerous video poker games is counter-intuitive. Certain, there are a lot of fingers that everyone plays optimally; if someone is dealt the As K Spades Q Spades J Spades 3h, for instance, you’ll search long and challenging before you uncover a video poker player who would insist on discarding four and keeping the 3 of hearts. But there are are myriad palms where what would appear to be the appropriate technique basically costs the player money. And in a few cases this loss may be significant.
To much better illustrate let’s look at a casino game that most of us are familiar with; Jacks or Better. At very first glance this game looks like a breeze to play. You will discover only 9 hands that qualify for a payback, and it’s usually pretty easy to inform once you possess a draw to one of those 9 hands. Yet everyday video poker gamblers across the nation are throwing money away by generating poor (however ‘intuitively correct’) betting decisions. Let us appear at a few diverse fingers, and see how the optimal strategy varies from the intuitively appropriate strategy.
Mistake 1) Preserving ‘Ace-face card-face card’ rather than just holding the 2 face cards.
You see this wager on created all the time, and nevertheless couple of gamblers know what a disaster it genuinely is. The idea behind holding the ace is that you simply have a much better likelihood of constructing an ace-high directly, and you also have 3 good cards that you simply can attempt to pair up on the draw. However, by retaining the ace you are eliminating your chances of constructing four of a sort or perhaps a full house, and reducing your chances of creating two pair. The slight gain you receive by way of your increased chances of creating a direct don’t start to compensate for these other considerable losses.
Mistake Two) Not attempting enough extended shot draws at the straight flush.
The direct flush may perhaps be essentially the most misunderstood hand in Jacks or Better. It does not come around incredibly generally, and it doesn’t have the sex appeal of the royal flush, and as a result most gamblers neglect it. When dealt a hand like the nine clubs 7c 5c 3 spades 2 diamonds quite a few gamblers will merely discard all five and redraw. The assumption here is that the straight flush will nearly never come in, so they would rather ‘cut their losses’ and make an effort to pick up a large pair around the redraw.
Again, this makes sense at very first glance. Nonetheless what is forgotten in this kind of analysis is that by holding the nine clubs seven clubs 5c the player also has a likelihood at a direct or a flush. Now it’s true that a draw like this isn’t a genuine moneymaker. Except it’s going to nonetheless pay much more, in the extended run, than drawing 5 new cards.
Error 3) Holding a suited Ace-Ten as opposed to just holding the ace.
This is one of the most common errors created by video poker players at Jacks or Better. Now I will be the first to admit that holding the ace and the 10 is far much more fun then just drawing to the ace. After all, if you hold the ace and the 10 you might have at least a small chance of some thing really excellent happening; namely, hitting the royal around the draw. You also possess a far better likelihood of creating a directly or perhaps a flush. Yet as with the hand we examined in Error #1 these gains don’t outweigh your decreased chances of creating 4 of a sort, three of a form or even a huge pair. If you want to bet on optimally you’ll need to discard that ten; I know it’s tough, but it must be done!
These are 3 of the most vivid examples of negative wager on, even though there are plenty of other mistakes that a video poker gambler frequently makes in the course of a playing session. If your goal is to decrease the casino edge as much as achievable I advise picking up a book that contains charts detailing the finer points of optimum play. You’ll find a quantity of books like this out on the market, and they’re surely worth the sticker price. Pore over the charts, and compare the plays they advocate with the plays you’re currently making. I guarantee it will be a true eye-opening experience.
Posted in Video Poker by Maximillian