- Video Poker Bankroll
- Poker Bankroll Management
- Poker Bankroll App
- Poker Bankroll Chart
- Video Poker Bankroll Calculator
Top Featured Casinos
Latest Releases
- Full-pay Deuces Wild has the best payback percentage at 100.7%. But this video poker game is fast disappearing in today's casinos.
- Learn to manage your video poker finances. Manage your bankroll, obtain financial security, save money and control your expenditures.
- Video poker has dry spells when the machine doesn't pay out. Full house and flush hit every 90 hands. Play your strategy until the big payoff hits.
Not only does this keep your head clear, but it makes you video poker bankroll last longer as well! Get some fresh air or grab a snack, but always take a break! Keep a Video Poker Journal- If you ever see me playing online video poker you will see a keyboard, mouse, and a pad of paper with a pen. Required Bankroll for Video Poker: One of the keys to giving your self the best chance of success when playing video poker or any gambling game for that matter is bankroll management.
Bankroll Management
- It's hard to believe but I realized I hadn't played the entire month of September! After a string of big losses it's time to rebuild;-) Join and learn to pl.
- Bankroll Management for Video Poker People who are involved with playing a lot of video poker can tell you that there are a lot of winning streaks and losing streaks involved in the game. If you want to weather these swings and stay in the game long enough to have a better shot at coming out on top, then you need to have adequate bankroll.
The importance of bankroll management cannot be stressed enough. Your bankroll is what fuels your gambling career. Screw it up and you mess up your whole work. Make no mistake about it: professional gambling necessitates responsible money management. Yes, it may seem ironic that we speak of gambling and money management in the same breath, yet that is the reality of this job. It may be risky business, but it is business nonetheless and your bankroll is your capital.
Financial Security
People who gamble for a living will play only those games they know they can win, games like video poker and blackjack. But no matter how susceptible such games are to advantage gambling techniques, they are still not quite 'safe.' All gambling entails some risk; without risk, it would not be gambling.
Who Can Gamble?
The point we are driving at here is that playing video poker (or any other game) for a living isn't for everybody. If you are not quite financially secure; if you have debts to pay; if you have family that may be affected by the monetary beatings you'll be dealt; then you need to rethink about gambling.
Gambling is best left to people who are financially stable and reasonably well-off. You don't have to be rich, but if you're anything less than comfortable financially, you shouldn't b gambling. Above all, your family must be supportive of what you do in the casinos or you'd only set yourself up for problems you don't need.
Further, a video poker player will big money to get started in their career. It is necessary to weather the storms of gambling - those prolonged losing streaks that befall everyone. A royal flush will hit approximately once every 40,000 hands. At normal playing speed for a few hours each day, that will take about a month. But there will be times when you will just keep on losing. You need to have ready for monetary fluctuations like that and have the money for it.
Gambling and Wealth
Now here is a revelation for you: Your bankroll doesn't end with your gambling budget. It extends to your whole income, assets and liabilities.
You can earn small from gambling, but if you save big in other areas you will be a big winner still. And if you win a jackpot in video poker but buy a luxury car, you get a nice car—but your money is gone and now you need more for regular car detailing.
The point? Well, to some the richest person is not the one who earns the most, but the one who SAVES the most. If you win $10,000 in a casino in one night and gamble it away on another night, does that make you a bigger winner than someone else who wins $200 and keeps it? No, it doesn't.
Of course you might say that wealth lies in the spending; if we don't enjoy our money, what use is it? This is a valid point of view also. Indeed it is very difficult to make generalizations about money and how it should be spent. Some want to earn money and spend it right away, as if they were stamps that serve no purpose if not used. Others prefer to save for a rainy day. It is an individual's choice to make. But the message here is the real measure of your winnings goes beyond your bankroll, but to the rest of your finances as well. It's not just what you win, but what you spend and do NOT spend that make you rich.
Site Menu
Ads
  Â- ©www.professional-video-poker.com. All Rights Reserved. | | Write us | Sitemap service
Video Poker Bankroll Comments From The Free Video Poker Forum
The following comments about video poker bankroll are segments from the Free Video Poker forum connection. It’s a service directly from ITG and Action Gaming that allows you the opportunity to learn, practice and play your favorite video poker and keno games with free credits. So you’ll have endless video poker bankroll to test your skills and to just have a lot of fun. There’s no real money involved – it’s just for fun.
Video Poker Bankroll
If you’ve played in a casino at all, you’ll be familiar with all the games. What’s really cool is that each game has the total look and ‘feel’ (including the sounds) of the actual games that you would play in the casino. As they should because it’s operated by the same company that make the games. You can play video poker classics like Jacks or Better and Double Double Bonus and dozens of others. Including the new games that haven’t shown up in the casino yet.
All your keno favorites are there too. Like Caveman Keno, Power Keno and my personal favorite, Four Card Keno. Plus you can play 20-card keno and other multi-card keno games as well. They’re all there. I’ll often sign on late at night and play Keno while I cruise the internet in other browser tabs. Available member benefits can also include playing and critiquing new video poker and keno games before they are available to the public in local casinos.
Well, enough about the Free Video Poker connection. Let’s get some insights into video poker bankroll views from people that play a lot. These excerpts are from the forum section and are the opinions of video poker players and not necessarily of the managers of TheMysticGambler.com. The topic is:
How big of a video poker bankroll is needed?
Question from wildman49: I have been playing .05 video poker for 6 years now. The last few years I’ve been playing a lot more often.
I play 10 to 20 coins (.50 to 1.00) per hand. I feel like for every 5 coins ( .25 ) I play I need $100.00 to play on. So if I am going to play 20 coins $1.00 per hand I need $400.00. Is this too much or to little? I want to work my way up to $5.00 a hand over the next year but not sure how much to take per trip. Does anyone have something for me to go by that seems to work for you?
Reply from Minn. Fatz: Great question, welcome to the Free Video Poker Forum.
As a rule of thumb, the Playboy Guide to Casinos recommends a total bankroll of 3000 bets playing full-pay VP with perfect strategy. So that’d be $3000 playing $1 per spin and $15000 playing $5. Figure one-tenth of that per session and you’re pretty close.
Mathematically, the problem is called Gambler’s Ruin. It’s been studied for a long time. Short answer, how much money you should set aside for gambling depends on where you choose to set your risk of losing it all. A lower risk of ruin requires a larger bankroll.
The classical solution says that if:
B is your bankroll, in bets
Var is the variance of the game or games you’re playing
p is your chosen risk of ruin; ln(p) is its natural logarithm
R is the expected return for the game or games you play
Var is the variance of the game or games you’re playing
p is your chosen risk of ruin; ln(p) is its natural logarithm
R is the expected return for the game or games you play
then:
Poker Bankroll Management
B = [Var * ln(p)] / (-2 * R)
(Note that the expected return of a game in which you get all your money back is 0; so the expected return here for Double Bonus paying 10 for a full house and 7 for a flush would be .0017. Also note that if the games you’re playing do not have a positive expected return then your risk of ruin is 100 percent; you will eventually lose everything regardless of your bankroll amount.)
The most recent work I know of is the late Michael Canjar’s paper “Gambler’s Ruin Revisited: The Effects of Skew and Large Jackpots.” It’s 31 pages of advanced stuff that I admit I don’t get. But the short story is that the formula above overstates the required bankroll for “well-behaved” games like full-pay VP.
For full-pay Deuces Wild returning .007620, Canjar calculates a 5 percent risk of ruin bankroll at 4586 bets versus 5078 given by the conventional method.
Bottom line, if you’re looking to win money — or at least not to lose your roll — stick to full-pay VP, play perfect strategy and set and stick to your limits.
Reply From Quad Deuces: Except that I think OP is talking about a weekend stake and you’re talking about a lifetime bankroll.
OP needs to be more specific.
You will need to take a lot more cash into the casino if you are planning on playing $1 NSU Deuces than do if you’re going to play 10c 10-line 9/6 jacks. Both are $5 bets, but a $1500 downward swing in $1 NSU will probably happen over the course of a weekend (say 10-15 hours of play), and is a lot less likely on the 10c 10-line JoB. That -$1500 swing might just start when you first sit down and by 8:00 the first evening, you’ll be paying ATM fees – if you can withdraw more than $500 which can go like *that* at $1 VP. It’d be a lot better to have, say $5K cash for the weekend instead.
I play at a casino with machines that have 10c 10-line NSU Deuces (99.73%) and 10c 10-line 8/5 Super Aces (99.94%) Slot club is the same (.25% or .50% (2X)) for both.
I used to feel comfortable I could play all night on $500 when I played NSU. After I switched to Super Aces I found I needed $1000 – $1500 when things ran bad. Both are $5 bets. Even though I know it’s worth it to get the extra .2% playing Super Aces, I have to prepare for the inevitable bad nights when quads, especially in Aces, are simply nonexistent. It just means I walk in with more cash (or at least access to more cash).
Poker Bankroll App
Reply by billyjoe: Whatever bankroll you choose to put at risk, I suggest setting loss limits on each playing session of your trip. That way, you will still have some gaming money to play on throughout your visit.
Poker Bankroll Chart
Reply by royal flush: A video Poker Bankroll, as in life, is a “continuous session” and one must not play more money then they can afford to risk!
Comment by Minn. Fatz: I used to feel comfortable I could play all night on $500 when I played NSU. After I switched to Super Aces I found I needed $1000 – $1500 when things ran bad.
The key here is variance. Your variance for Super Aces 8/5 is 63.36; for NSUD it’s only 25.78; the expected returns are not that much different. Playing a higher variance game requires a bigger bankroll for the same risk of ruin.
The key here is variance. Your variance for Super Aces 8/5 is 63.36; for NSUD it’s only 25.78; the expected returns are not that much different. Playing a higher variance game requires a bigger bankroll for the same risk of ruin.
Video Poker Bankroll Calculator
Don’t forget to visit the Free Video Poker connection to see how long you can make your pretend bankroll last. But don’t worry, you’ll always get more free credits before you lose anything. Thanks for visiting TheMysticGambler.com