{"id":519942,"date":"2022-05-28T06:15:19","date_gmt":"2022-05-28T06:15:19","guid":{"rendered":"http:\/\/yorunoteiou.com\/?p=519942"},"modified":"2022-05-28T06:15:19","modified_gmt":"2022-05-28T06:15:19","slug":"how-to-make-a-million-dollars-playing-video-poker","status":"publish","type":"post","link":"https:\/\/yorunoteiou.com\/?p=519942","title":{"rendered":"How to Make a Million Dollars Playing Video Poker"},"content":{"rendered":"

I\u2019ll level with you \u2013 if I knew some secret method for making a million dollars on video poker, I wouldn\u2019t be blogging right now. I\u2019d be in the Alaskan wilderness catching salmon or just sitting on my back porch cracking open a beer.<\/p>\n

So how can you become a video poker millionaire? The truth is, there is no one secret method that will turn you into a video poker millionaire. I\u2019m suspicious of “get-rich quick” ideas of any variety. As a general rule, the less work something requires, the less effective it is.<\/p>\n

I can think of a few outside-the-box ways to put two commas in your bank account playing video poker:<\/p>\n

You could win a million dollars playing progressive video poker. Of course, you\u2019d have to win an unlikely number of progressive jackpots to total $1,000,000 \u2013 video poker progressive jackpots are considerably smaller than slot machines, resetting to between $500 and $1,500, and rarely paying off more than two or three times the reset amount. Don\u2019t forget how rare progressive video poker games are \u2013 you won\u2019t find a single progressive video poker game on the Vegas Strip or anywhere in Atlantic City.<\/p>\n

You could sit around putting money in the machine until you hit an uncanny streak of luck. Let\u2019s say you\u2019re betting max, $5 per credit and $25 credits per hand. If you could string together enough $30 payouts in a row, you\u2019d eventually win a million bucks. It would take 200,000 straight 6-credit wins (to offset the coast of each round\u2019s maximum bet), and would certainly raise some eyebrows at the IRS, but I suppose it\u2019s technically (given enough decimal places) “possible.”<\/p>\n

You could have a really gnarly slip-and-fall accident while playing a video poker machine. If it\u2019s found that the casino was negligent in inspecting and maintaining their property, you\u2019ll be entitled to compensation, damages, and (in rare cases) a punitive award designed to teach the casino a lesson they won\u2019t easily forget. It\u2019s within the realm of possibility that you could win a million-dollar settlement. Of course, this is abuse of the system, and it would make you a horrible human being. It may backfire too \u2013 the court may throw the case out, especially if there is no evidence of negligence.<\/p>\n

Those three ideas are pretty far outside the realm of possibility. Instead of slipping in a spilled drink, waiting for Baccarat<\/a> a mathematical miracle, or losing your shirt chasing progressives, I suggest a more level-headed approach.<\/p>\n

The Three Basic Tenets of the Video Poker Millionaire<\/p>\n

The three tenets listed below aren\u2019t exactly secret. They\u2019re freely-available all over the Internet. I can vouch for this fact, as I\u2019ve written dozens of blog posts on these topics over the years.<\/p>\n

Once you\u2019ve learned how to play video poker, all you need to do to (one day) make a million bucks playing the game is follow these three simple rules:<\/p>\n

Learn Basic Strategy<\/p>\n

If you want to have fun in Vegas and don\u2019t mind eventually giving your entire $100 bankroll to the casino, you don\u2019t need to worry about strategy.<\/p>\n

If your plan is to earn a million dollars from video poker, you have to become a graduate student of gambling. It helps if you have a good library near your home, since some of the books you\u2019ll want to read aren\u2019t all that available online. In fact, if you live near a state university with a decent research library, you\u2019re a step ahead.<\/p>\n

While you\u2019re at it, subscribe to some gaming magazines. If you\u2019re mostly going to gamble in Vegas, subscribe to some Vegas content, too. Join a couple of forums. Depending on where you live, you may be able to find seminars in your area teaching legitimate video poker and other game strategies. By the way, this isn\u2019t something you can do once or twice a year for a couple of years and be done with it. With new games come new strategies, and with new casinos come new opportunities for advantage gambling. You\u2019ll really need to become a lifelong student of gambling and game strategy.<\/p>\n

Choose Player-Friendly Games<\/p>\n

Unfortunately, the heyday of +EV video poker is long gone. You can still find a few high-paying titles that make a special trip to a specific casino or website worth your time. Specifically, there\u2019s enough 10\/7 Double Bonus and full-pay Deuces Wild on casino floors in the gambling Meccas of America to keep things interesting. If you are absolutely determined to earn a million bucks from video poker, you should probably stick to these titles only, since any other titles are going to retain too much of your money over time.<\/p>\n

If you don\u2019t mind gambling a little (or waiting a few extra years to earn your million), you can play some of the 99%+ titles that casinos still host. These are generally available whether you\u2019re online, in Vegas, in Atlantic City, or elsewhere in the USA. The so-called Not So Ugly Deuces games (which we call 25\/16\/10) is popular and gives the casino a less than a quarter-percent edge, as do most casino\u2019s versions 9\/6 Jacks or Better, and the venerable 8\/5 Bonus Poker with a return of around 99.1%.<\/p>\n

Casinos love to put sub-99% video poker games immediately next to identical games set high. This is especially true in the few casinos where you still find full-pay titles. This means you absolutely have to inspect every pay table before you play.<\/p>\n

Manage Your Money (and Earn Comps)<\/p>\n

The kind of dedication it takes to become a gambling millionaire means that it shouldn\u2019t be hard for you to rigorously control how much you spend on video poker. But since you should always bet maximum, your wager size and scope are pretty limited. Instead of worrying about bet sizing, focus on earning those crucial additional benefits casinos give their loyal customers. That means joining the players club, exchanging club points for cash, scoring multiple-points promos, entering raffles and drawings, playing in video poker tournaments, remembering to mail in those bounce-back rewards clipping coupons, and doing all those annoying things that tend to make a casino trip less fun.<\/p>\n

In exchange for a little bit of what always feels like wasted time, you\u2019re putting a big dent in the casino\u2019s edge. If you\u2019re already playing +EV games, using comps basically extends your tiny edge. Not a statistically-significant amount at first, but over time, it makes a big difference.<\/p>\n

Conclusion<\/p>\n

I\u2019m at the end of the post, and I have this nagging question at the back of my mind. Is this even possible?<\/p>\n

I did some math \u2013 always a dangerous proposition \u2013 and came up with some interesting figures about this hands-off method of becoming a millionaire on Jacks or Better. To earn $1,000,000 playing 10\/7 Double Bonus (which gives you about a 0.17% return per hour, when playing with perfect strategy), you\u2019d have to play for 294,117 hours. That\u2019s assuming you can play 80 hands an hour perfectly, making no strategic mistakes at all. That works out to about 100 years of playing the same game for eight hours a day.<\/p>\n

Having said that, you could always form a partnership with other players working towards a common goal \u2013 but then, you\u2019re not really a millionaire, are you?<\/p>\n

All told, I think it\u2019s an interesting question to answer and a good teachable moment. I am sure that someone out there has earned a million bucks (or even more) playing video poker, but they\u2019re probably some sort of outlier, with an uncanny ability to play long-term and the best-odds games making very few mistakes. It\u2019s also possible that a person would earn a million bucks worth of comps given enough time and enough loyalty at the right casino.<\/p>\n","protected":false},"excerpt":{"rendered":"

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