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-   -   Video Poker Question (http://archives2.twoplustwo.com/showthread.php?t=97142)

MrDannimal 06-24-2004 08:56 PM

Video Poker Question
 
So I'm toying around with some VP as cover play while I'm watching the NBA draft.

I'm playing 9/6 Jacks or Better, but it has that goofy option to "Double" if you win. You have to pick one of 4 cards to be higher than the card showing.

What's the house edge on this, and how bad of an idea is it to take this option vs. not taking it?

Homer 06-24-2004 09:09 PM

Re: Video Poker Question
 
What's the house edge on this, and how bad of an idea is it to take this option vs. not taking it?

I believe there is no house edge on this bet, since a tie counts as a push.

All it does is increase your variance, which is already rather large when playing Video Poker.

-- Homer

TomCollins 06-24-2004 09:20 PM

Re: Video Poker Question
 
Presuming its fair, its an even proposition.
Dealer Wins Losses Ties
2: 48 0 3
3: 44 4 3
4: 40 8 3
5: 36 12 3
6: 32 16 3
7: 28 20 3
8: 24 24 3
9: 20 28 3
T: 16 32 3
J: 12 36 3
Q: 8 40 3
K: 4 44 3
A: 0 48 3

Totals: 312 312 39

So you win 47% of the time, lose 47% and tie 6%.

MrDannimal 06-24-2004 09:29 PM

Re: Video Poker Question
 
Thanks guys.

Piers 06-25-2004 07:53 AM

Re: Video Poker Question
 
Its an evan money bet with no house edge. The only use I have found for it is at Playtech casions where it counts towards the playthrough [img]/images/graemlins/smile.gif[/img]

BradleyT 06-25-2004 11:36 AM

Re: Video Poker Question
 
When it counts for wager requirements would you do it on a 4oak win?

Piers 06-25-2004 08:51 PM

Re: Video Poker Question
 
[ QUOTE ]
When it counts for wager requirements would you do it on a 4oak win?

[/ QUOTE ]

Not sure what you mean by 4oak win. What I do is to play jacks or better, 5x$5 rows. Keep doubling up until you loose or hit $1000 when you cannot double up any more. Very high variance but about as close as you can get to break even (except the magajack progressive when its +EV). Also allows you to get more promotions in per hour.

BradleyT 06-26-2004 12:47 AM

Re: Video Poker Question
 
If you had a 125+ 4 of a kind win, would you risk it by doing the double up?

Piers 06-26-2004 08:43 AM

Re: Video Poker Question
 
Yes, if I still have enough of the play through to cover it.

GrannyMae 06-26-2004 01:05 PM

Re: Video Poker Question
 
[ QUOTE ]

I'm playing 9/6 Jacks or Better, but it has that goofy option to "Double" if you win. You have to pick one of 4 cards to be higher than the card showing.

What's the house edge on this, and how bad of an idea is it to take this option vs. not taking it?

[/ QUOTE ]

Massive sucker bet. There is no guarantee that any of the 4 cards will be higher than yours. All 5 are random. It is possible to try to double 1,000 times with zero possibility of a win. Unclick the allow double option. It is your only hope at value.


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