Dear Mark,
What is the benefit of playing the full coin amount in either video poker or slots?
Emily K.
Next time youre front and center of a one-armed bandit, give the paytable
a once-over and youll note that when five coins are wagered, all winning
hands, except for the royal flush, are paid out multiplied by a factor of 5.
The royal, Emily, commonly pays mucho more.
By not playing the maximum coin amount on most video poker machines, your overall
return is affected. For example, playing short reduces the long-term payback
by up to 1.5% on a Jacks-or-Better machine. Its even worse on some double-pay
Deuces Wild games where you receive double pay on four deuces, but only if you
insert five coins. By playing less than the maximum coin amount on this machine,
your long-term payback is hacked by over five percent.
As for slots, Emily, note on the paytable the proportional difference in the
size of your payoffs. Example: One coin inserted pays 500 coins; two coins bring
back 1000; and for three coins, a whopping 4000 is returned. Your windfall,
Emily, comes when three coins are played.
Playing the maximum coin amount almost always pays off better, overall, than
any of the lower multiples. By pressing Max Coin, Emily, you receive the best
payoff odds available on that particular machine.
Dear Mark,
I believe it is easier to beat blackjack as a single player, whereas a dealer
told me it makes no difference how many players are on the game. Was she right?
Sheldon D.
Shes bright and right, Sheldon. The number of players on a game makes
a ducks egg difference in terms of the game being beatable. The house
edge remains the same if there are one, two, three, or even five players on
the table. However, because the speed of play slows with multiple players, you
end up playing fewer hands per hour, and since the casino has a built-in edge
on all play (except play by card counters), you will, theoretically, lose less
money. So, Sheldon, for most players, a multiplayer game is more favorable,
not less.
By the way, Sheldon, playing decisions made by other players at your table
will not affect your expected return. If some nincompoop on third base splits
tens, yep, its annoying, but statistically it makes zero difference to
you over the long haul.
Dear Mark,
In draw poker, why does it seem tough to catch an open-ended straight let alone
an inside one? What are my chances of completing straights? Alex B.
The arithmetic, Alex, says your inklings are incorrect. The proven odds of
completing straights, such as drawing one card into an open ended straight,
are 1 in 6. Drawing two cards into an open-ended straight has1 chance in 23,
while drawing a single card to make an inside straight racks up at 1 in 12.
As for that elusive straight, drawing one card to an open-ended straight flush
is 1 time in 24 and drawing one card to a royal flush is 1 time in 47 tries.
Dear Mark,
Does a straight ever beat a flush in poker? Doug L.
In poker, Doug, a flush outranks a straight with but one exception. In Three
Card Poker a straight actually does beat a flush.
Gambling Wisdom of the Week: Whether he likes it or not, a man's
character is stripped bare at the poker table; if the other poker players read
him better than he does, he has only himself to blame. Unless he is both able
and prepared to see himself as others do, flaws and all, he will be a loser
in poker, as in life. -- Anthony Holden, author of Big Deal (1990)