How is it possible to lose on a video poker machine that has a 100% payout? How does that work?
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One Response
Doug
December 2nd, 2009 at 6:24 pm
1Human error is one reason. Every mistake from optimal play can cost you money.
For example, if your playing Jacks or Better and get dealt:
AcKcTc6cJh
In general, you want to keep 3 to a royal in these situations, except when you have a straight penalty card…which is the Jh here…which will make keeping 4 to a flush slightly more profitable. So it’s likely 99% of casual players will make the wrong play in this case and this will cost you a few pennies on the hand most likely. See: http://wizardofodds.com/jacksorbetter for more details
The second reason which will happen to even flawless players is Variance. Roughly 2% of the total return on most video poker machines comes from hitting a royal flush. So for any stretch of hands where you do NOT hit a royal flush, you will likely win only 98% of your money back. Considering on most video poker machines, one can expect to hit a royal flush every 40,000 hands or so…it would be quite easy to lose a sizeable sum of money before that royal comes your way.
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