Video poker machines are the most popular casino games, and it is no different online. Most people play video poker machines for the entertainment value they offer, or for the promise of winning a life changing jackpot. Not many take much notice of video poker machines payback rates, and how understanding them could improve their winning opportunities. It is definitely worthwhile for every video poker machines plays to understand these.
Payout rates determine the percentage a slot PGSLOT machine game will pay out in relation to the take, or the total amount wagered on the machine. The payback percentage of a slot machine game game is directly related to the house edge, or the expected casino net win off that game. As an example, a slot machine game that markets a 94% payback percentage has a 6% house edge. The house edge for all online casino games are well know and published, including table games like blackjack.
There is however, a small difference though in how a position machine’s payback percentage applies to the player’s expected win when compared to the house edge of a table game. Let’s say for example you are playing a 5-c video poker machines game, with a starting money of $50, and after one playing session you get with 60 credits on the machine. Your payback percentage during this session was 60/50=120%. Now lets say you continue to play with your $60, and you get with a money of $38 after 60 rotates. From the point where you started playing, the slot machine game game has had in ($50 + $60) and refunded ($60 + $39) which means a payback percentage of 99/110 or 90%. Now if you continue playing with your remaining balance of $39; and end up with a balance of $35, the payback is calculated as (60 + 39 + 35) or (50 + 60 + 39) = 134/149 = 90%.
You will agree that this example is quite realistic if you play video poker machines, and even more so as video poker machines are tremendously more volatile in most cases. Unfortunately with video poker machines, you could continue playing and actually experience a dramatically reduced payback percentage than in the example, and your back roll will diminish over time. This does of course change as soon as you hit a jackpot, as the payback percentage will rise and might go approximately 100%. The golden rule for video poker machines players is to stop playing when this happens, which is of course very hard to do. Most people will believe that they are on a roll, and keep re-writing away, based on the expected payback percentage of the game, you will invariably lose, the longer you play. People who make income using playing video poker machines are people that have discipline.
But the popularity of slot machines lies in this volatility, because there will be players who hit a big jackpot The downside is that the volatility will have the other effect for most players who cannot exercise discipline. Sometimes you will play through your money and lose the lot, but if you play regularly, you will probably make small wins as often. Most people just keep going and that is why the casino just loves the video poker machines games. Ultimately most of us who loves video poker machines play them for the great entertainment they offer us. Why not play meticulously and over the long run protect your money so because of this increase your chance of hitting a bit jackpot?