Posts Tagged ‘double bonus’

How casinos play with the odds

Tuesday, February 16th, 2010

Let’s talk pay tables for a bit.  Pay table and how casinos manipulate them and make you think your chance of winning is greater than it might be.  We’re going to look at two games, Jacks or Better and Double Bonus, but what we discuss here can be applied to other games.  I’m sticking to games without wild cards because they let you see the odds more clearly.  And I’m to start by discussing 2 different hands – jacks or better (the high pair) and two pair. 

Now, if you’ve played Jacks or Better, like you were supposed to, you know that the win for a high pair of jacks, queen, king or ace is 1 for 1 or you get your money back. You’ll find this is the same for Double Bonus and many of the bonus games.  A high pair is one for one.  Now, if you’re familiar with Jacks or Better, you know you get paid two for one if you hit two pair.  Now, that’s not a huge amount of money but you know if you play the game that you have a fair chance of hitting two pair.  Hitting two pair won’t bring in a ton of money, but they can help keep you in the game while you try to hit the elusive Royal Flush.

Now let’s look at Double Bonus poker.  We’ll see the standard pay out of one for one for a high pair, but instead of two for one for two pair, you get one for one.  So, this means that you make less money when you hit two pair.  It doesn’t seem like a big sacrifice from many players when they look at the pay out for four aces, which is often 160 for one.  That’s a win you want to make.  But the trick is that with a lower payout coming in for those smaller hands, you may need a larger bankroll to stay in the game long enough to hit one of those big hands. 

So, is it wrong to play Double Bonus poker?  Of course not.  It’s actually my mother’s favorite game. But as part of our process of learning to play poker, we’re learning to understand the odds.

Should you take the double or nothing bet?

Thursday, January 21st, 2010

Video poker is a battlefield of odds where the casino is always trying to find a way to lure the players away from the good odds of a video poker game to something a bit riskier. They engage in tactics that look enticing and try to convince you that you can win more money for very little extra work. But be careful about falling for them. 

One of the common tactics out there is the double your money game that many online video poker machines will ask you to play when you win a hand.  Now, think of it this way. You have already won a hand at video poker because you followed a good strategy and you’ve developed your playing strategy. In fact, you’ve probably chosen to play video poker because you know it’s a game where strategy, not just luck comes into play.  So far, you’ve made all the right decisions. 

Then you win and the casino has a question for you – will you throw those good decisions out the window and may a bet based purely on luck?  For the double your money game, you’ll be shown 5 cards. The first is turned over and this is the dealer’s card.  All you have to do is choose one of the remaining 4 cards that is higher than the dealer’s card. 

Sounds easy enough. And sometimes you’ll win. The problem is that there is no strategy to this part of the game. There is nothing that will help you chose the best card from the four offered.  In fact, in a random deal there is no guarantee that any of the four cards you get to pick is higher than the dealer’s card. 

So, should you play the double or nothing bet?  Well, if you’re looking for long term play at video poker and hoping to keep your money in play long enough to hit a real jackpot, probably not.  But if you only have time to play a few hands and want to see if you can move your money up (or down) quickly, the bet will let you do that.  Me, I stick with long term benefits.