General Jacks or Better Strategy Guide
by Sergio on Dec.28, 2010, under Video Poker
Statistical Arbitrage system applied to Video slot machines Poker
Introduction
Jacks or Better is a common video slot machines poker casino game available at a lot of on-line casinos. When collecting gambling establishment matched deposit bonuses, it counts towards betting needs for most web-based betting houses, has a superior pay out, along with a large jackpot.
This write-up will show readers the way to calculate and maximise their anticipated return when using Jacks or Better to clear Gambling den bonuses. In effect, this can be a statistical arbitrage method similar to that used by Betting houses to maintain a casino edge over gamers.
Readers who don’t already know the best way to play Jacks or Better are advised to read this tutorial covering the basics.
Uncomplicated Optimal Technique
CSBS favours a basic Jacks or Better technique as it permits a quicker rate of wager on with minimal expected loss. 5 coins must be played per hand as this maximises the payout from a Royal Flush.
This basic strategy has a ninety-nine point four six per-cent payout. To use the it, come across all the ways to bet on a possible hand from the list below, and select the 1 that’s highest. A high card is 1 which is a Jack or better (for example Jack, Queen, King or Ace).
To execute the technique, players just wager on the initial hand which is highest in this list:
- Full house or better
- 4 to a royal flush
- Straight, 3 of a kind, or flush
- four to a straight flush
- 2 pair
- High pair (for example pair of Jacks, Queens, Kings or Aces)
- three to a royal flush
- four to a flush
- Low pair (for example pair of Tens or lower)
- 4 to an outside straight
- 2 suited great cards
- 3 to a straight flush
- 2 unsuited high cards (if a lot more than two pick then pick lowest two)
- Suited 10/J, 10/Q, or 10/K
- One good card
- Discard everything
Expected Returns – Intercasino US Example
Before claiming any gambling den deposit bonuses, it’s important to understand the terms and conditions, and any gambling requirements. As a good example, we will take into account claiming the Intercasino US 90 dollars monthly deposit bonus, and show tips on how to calculate the expected return.
At time of writing, Intercasino US offer a ninety dollars monthly deposit bonus. This means that players depositing ninety dollars will obtain a ninety dollars bonus into their account. (Intercasino US credits this immediately upon deposit, but other betting houses may perhaps act differently).
The terms and conditions state that players must gamble an aggregate value of twenty-five times the bonus in the gambling house prior to they can withdraw the bonus cash. For example, a player who deposits $90 and receives a 90 dollars bonus must then bet an aggregate value of 2,250 dollars before they can cash out.
A player using the Easy Method would expect a pay out of 99.46 per cent which is comparable to a loss of 0.0054 percent. Therefore, if they wager the full 2,250 dollars wager requirement they would expect a loss of wo thousand two hundred anf fifty dollars times 0.0054 = $12.15.
Since the gambler received a 90 dollars deposit bonus, their expected profit is as a result – $90 minus 12 dollars and 15 cents equals $77.85.
Troubles to take into consideration
You’ll find a few additional considerations that players could need to think about just before taking advantage of these bonuses. A few are listed here:
- Neteller users must pay one dollar to withdraw. This is an extra cost reducing the expected return to $76.85.
- The expected return is only an estimate. Players aren’t guaranteed to succeed every single month, though if they hit a Royal Flush then they could make a great deal more than 77 dollars and 85 cents.
- Some casinos will enable players to withdraw their deposits just before they have even started working by way of the wager requirements. CSBS doesn’t suggest this as it can lead to players being banned for abusing the promotions.