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Video Poker .25 Video Poker

Discussion in 'Video Poker' started by keno60, Aug 24, 2014.

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  1. keno60

    keno60 VIP Whale

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    On my last trip, i did something I never do. I actually spend some time observing vp players. What I saw surprised me. I saw quite a few players using questionable strategy. Just like I did when I started playing. What this means is the casinos have a lot better hold than the pay table. So what is the economics behind giving worst pay tables for quarter players. Nickel I understand, some big drinkers can put a little hurt consistently if they play slow etc.on the casinos. Your not going to have pro's playing quarters? I would appreciate some intelligent comments, not wise ass comments about my observation.
     
  2. Chuck2009x

    Chuck2009x VIP Whale

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    If you are asking why pay tables are worse the lower the denomination, it's the same reason why the payback % is worse on lower denomination slots. They want to rake in a certain amount of money per machine, and if you are playing less per hand, the HA on each hand has to be higher.

    The difference is, on a VP machine you can see the pay table and calculate the HA. On a slot, you can't (except for Venetian/Palazzo, where Status Points for slot play is awarded based on theo, so you actually can calculate it).
     
  3. aaisack

    aaisack High-Roller

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    The reason the casinos can offer positive EV VP is because the vast majority of players either are completely clueless on how to play the game correctly or they're making plenty of mistakes. These machines are also a good loss leader, they get people in the door based on the reputation of having good gaming.

    Making a living playing quarter level FPDW, or another game while maximizing comps is certainly possible. While playing I've talked to people that do it. That living though is probably going to be very modest. Maybe $10 an hour. Most of the people doing this are probably either retired or gaming the tax payers as well to help pick up the slack. The casinos often tolerate this because the loss is so minor compared to what they're making on the other players.
     
  4. tringlomane

    tringlomane STP Addicted Beer Snob

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    I assume the strip casinos want 5 or 6% holds on most of these quarter game units on the floor since they'll get closer to double that with a penny slot with a similar average bet ($1.25). They likely won't get this amount of hold with offering "full pay" units. People play badly, but usually not THAT badly. I have read that VP units tend to hold anywhere from 2 to 4% more than optimal play. Video poker is a "loss leader" compared to slots. Same with "live poker".

    Now I wish a strip casino in particular had the guts to offer better games for quarters. It would make me play quarters on the strip more. There is a decent amount of 9/5 DDB still around though (97.87%) vs. nickels/dimes where they will commonly offer 7/5 DDB (95.71%).
     
  5. TIMSPEED

    TIMSPEED !địt mẹ!

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    Right on the money.
    If they want to make a certain amount of money per day on a machine, the hold MUST be higher on lower denom to get the SAME amount of money made.
    However, the thing I don't understand, is SOME places ONLY put full-pay at lower denoms, because they DON'T want players to get TOO big of an advantage.
     
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  6. jamesxnj

    jamesxnj VIP Whale

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    Just curious where and how you could witness 'bad play' w/o a problem among several players from you watching them play?
     
  7. article_1_section_8

    article_1_section_8 Tourist

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    Huh?
     
  8. Auggie

    Auggie Dovahkiin

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    OP is talking about video poker, not the kind you play with cards in the poker room. With video poker it'd be just like watching somebody play a slot machine - you can stand there, standing back and watch them play.
     
  9. tringlomane

    tringlomane STP Addicted Beer Snob

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    Most of the time, that's only for the close to 100% games, which makes sense to me at least because the <100% games can become >100% after comps. If FPDW existed for dollars, I'd probably move to Vegas!
     
  10. keno60

    keno60 VIP Whale

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    Thank you all for the comments.
     
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