phdinsports said:
You mention video poker in the same sentence as sportsbetting, in the Greg Raymer thread. Then further down you state GN video poker is marginal, one has to put alot of hours to show profit. Is it possible you win consistently in video poker? How?
Yes
All video poker is regulated in the state of Nevada by the Nevada Gaming Commission, thus all video poker in the state is held to strict standards as being a 100% fair game.
Knowing this, one can take the payouts on any given machine and calculate when using optimam PERFECT strategy on every hand if it will payback over 100%.
For example, full pay(term used for good variation 100+% games) dueces wild returns 100.72% with perfect stategy.
So what this means is that for every $100 you put through the machine, you will be making 72 cents over the longhaul using perfect strategy.
The math than would workout like this on a $1 full-pay dueces wild machine................
Five coins in per hand would equate to $5 per hand
x 800 hands per hour = $4,000 per hour. If you were making 72 cents for every $100 played than you would be making 72 cents X 40(4000 divided by 100) which eqates to a $28.80 per hour win rate over the long haul.
If you were playing this in a 25 cent variety, you would obviously make 25% of that rate, or $7.20 per hour over the longterm.
Your win rate will actually be much better than that, as this does not include cashback and comps gained from your slot card, cash/gift mailings, and various promotions that casinos randomly have that will add to your bottom line.
The above is just one example(dueces wild), but there are a vareity of games that pay over 100% with perfect strategy.
Please note, many casinos have weakened their video poker selection to include much less 100% games, especaillly those above the quarter vareity.........but there are still nuggets in the valley.