Gash
Gash
Joined: Sep 16, 2021
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September 16th, 2021 at 8:06:38 AM permalink
Hello Wizard and Everyone

In Video Poker (Jack's or Better), I know that you have suggested to Always bet the Max 5 Coin bet because of the high payout and lower house edge on the Royal Flush as opposed to 1 to 4 coin bets.

Questions
1. In general, if you only had $5.00 in your pocket to make a bet in Video Poker, would you choose to make a 'one' $5.00 Coin bet OR, would you choose to make 'five' $1.00 Coin bets? Why?

I'm stuck, as here are my thoughts:
Since there is such a high probability that I will not get a Royal Flush anyway, then why would I do 'one' $5.00 Coin bet, then possibly lose.That's it. Game over? Instead, would I not be better off doing 'five' $1.00 Coin bets and having those 4 extra chances of winning some smaller payout amounts?

I am completely new to casino gaming and gambling, so would certainly appreciate the Wizard's advice and anyone elses thoughts, with a few examples that might help me understand this better.

Thanks Wizard & Folks
billryan
billryan
Joined: Nov 2, 2009
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September 16th, 2021 at 8:20:12 AM permalink
I think it depends on your intentions. Will you quit after your 5 $1 hands if you are up, or will you keep going if you have any money left? If you bet $5 on one hand and get paid 2-1 for two pair, are you walking away? I think if you are going to play until you are broke, it is best to do it in one big bet rather than five small ones.
Gash
Gash
Joined: Sep 16, 2021
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September 16th, 2021 at 8:25:04 AM permalink
Hello billryan

Thank you for your thoughts.
I appreciate it
ThatDonGuy
ThatDonGuy
Joined: Jun 22, 2011
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Thanks for this post from:
ChumpChange
September 16th, 2021 at 8:27:30 AM permalink
I would make the one $5 bet. Remember, there's a good chance you're going to get the point where you only have 5 credits bet from your initial buy-in.

Suppose you have $200,000 to start. This is 40,000 $5 bets, where you are expected to get 1 Royal Fush, or 200,000 $1 bets, where you are expected to get 5 Royal Flushes.
Your 5 $1 Royal Flushes pay a total of $1250.
Your 1 $5 Royal Flush pays $4000.
All of the other expected payouts are equal, so that's $2750 you are giving away for every $200,000 you are betting, or 1.375%.
Gash
Gash
Joined: Sep 16, 2021
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September 16th, 2021 at 8:43:18 AM permalink
Hello ThatDonGuy

Thank you for your thoughts & explanation.
I'm new here, so everyone's thoughts and
opinions are appreciated.
Good for me to read, listen and learn from
everyone.
vegas
vegas
Joined: Apr 27, 2012
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September 16th, 2021 at 9:19:50 AM permalink
Play 4 hands on max quarters. You get the benefit of still hitting a max coin royal and have 4 hands to hit something good.
50-50-90 Rule: Anytime you have a 50-50 chance of getting something right, there is a 90% probability you'll get it wrong
Dieter
Administrator
Dieter 
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September 16th, 2021 at 9:20:06 AM permalink
Quote: Gash


1. In general, if you only had $5.00 in your pocket to make a bet in Video Poker, would you choose to make a 'one' $5.00 Coin bet OR, would you choose to make 'five' $1.00 Coin bets? Why?

  • link to original post



    If I only have $5 in my pocket, I probably can't afford to play video poker.

    The clown in front of the bumper cars says "you must be this tall to ride"; I'm not that tall with $5.
    May the cards fall in your favor.
    Gash
    Gash
    Joined: Sep 16, 2021
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    September 16th, 2021 at 9:27:03 AM permalink
    Hello vegas

    A very good point.
    Thank You
    Gash
    Gash
    Joined: Sep 16, 2021
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    September 16th, 2021 at 9:32:03 AM permalink
    Hello Dieter

    Lol. Yes. I totally agree with you.
    It's the best way I could ask the question.
    I appreciate your thoughts.
    Thank you
    billryan
    billryan
    Joined: Nov 2, 2009
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    September 16th, 2021 at 11:04:39 AM permalink
    Always remember it is okay to eat your gambling money, but never bet your eating money.

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