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To: truthandlife
”I can tell you video poker and slots are some of the worst odds in Vegas and I can bet you he loses a lot more than he wins.”

I have seen your assertion in several replies here. What is your evidence for your statement? Were you aware that the odds in video poker change with the amount you bet?

171 posted on 05/02/2003 2:38:38 PM PDT by moneyrunner (I have not flattered its rank breath, nor bowed to its idolatries a patient knee.)
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To: moneyrunner
I guess "truthandlife" isn't going to reply to your post.

Actually, if one plays 9/6 jacks or better video poker perfectly, the return is 99%. The casinos rebate up to 1% in cash back to loyal players. Additional comps for free suites (RFB) airfare ect. can amount to 3% or more.

If Bill plays the high limit slots the return is around 96%. For every $1,000 fed into the machines he would lose $40 if he played for 50 years. If you add his comps into the mix, his enjoyment may more than warrant his gambling "vice".

IOW, slots and video poker are not necessarily the "worst" odds in the house.
227 posted on 05/02/2003 3:09:44 PM PDT by Kahuna
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To: moneyrunner
I should clarify my statement. Video poker's odds vary on skill and game type. The thing that the casinos bank on is the amount of hands you can play in video poker. You can play up to 600 hands per hour in video poker making you a surebet loser if you are playing long enough.

ODDS IN VIDEO POKER
High pair (Jacks, Queens,
Kings and Aces) 43 out of every 200 hands

Two pair 13 out of every 100 hands

Three of a kind 1 out of every 13 hands

Straight 1 out of every 90 hands

Flush 1 out of every 92 hands

Full house 1 out of every 97 hands

Four of a kind 1 out of every 423 hands

Straight flush 1 out of every 9,610 hands

Royal flush 1 out of every 40,120 hands
239 posted on 05/02/2003 3:14:44 PM PDT by truthandlife
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