Here's the situation:
If you are given an amount of free play, and your objective is to cash out as much money as possible after playing the free play through once, which of the three games would you choose:
Game A: 7/5 Bonus Poker at the $2 denomination
Game B: 8/5 Bonus Poker at the $5 denomination
Game C: 7/5 Bonus Poker at the $1 denomination
8/5 Bonus is not available below the $5 denominaton.
I don't know if the dollar-value of the fee play matters, but for discussion purposes let's say the value of the free play is $2,000.
So, which of the three games would you "play through" the $2,000 to get the best chance at bringing home cash? I am limiting the choices to Bonus for no particular reason except that it has lower volatility that Double Double Bonus, but has higher volatility than Jacks.
My inital plan would be to play the 8/5 Bonus game beause of the higher payback, and accepting that I would have fewer hands to play. The goal is to only play through the money once. If the goal were to play longer, then I would play $1 or even quarters to extend the "life of the play" but that is not the goal here.
On the other hand I would not play 8/5 Bonus at the $10 or higher levels because of the short number of plays.
You get expected value every single hand.