Video Poker 1 Coin or 5 Coin Bets

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

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.

Hello billryan

Thank you for your thoughts.
I appreciate it

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%.

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.

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.

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.

Hello vegas

A very good point.
Thank You

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

Always remember it is okay to eat your gambling money, but never bet your eating money.