Full Pay Games
When modern video poker games first appeared, the highest-paying common variant of a particular game was called "Full-Pay". Game variants that returned a lower payback percentage were termed "Short-Pay". Though the term Full-Pay is still in use, today, there are many game variants that return more. Payback percentage expresses the long-term expected value of the player's wager as a percentage if the game is played perfectly. A payback percentage of 99 percent, for example, indicates that for each $100 wagered, in the long run, the player would expect to lose $1 if they played every hand in the optimal way. Some Payback percentages on full-pay games are often close to or even in excess of 100 percent. Full-pay Jacks or Better, for example, offers a payback percentage of 99.54%.
Casinos don't usually advertise the payback percentages, leaving it up to the player to identify which video poker machines offer the best schedules.
The payoff schedules for most video poker machines are configured with a pay schedule that pays proportionally more for certain hands (such as the Royal Flush) when the maximum number of credits (typically 5 coins) is bet. Therefore, players who do not play with the maximum number of credits at a time are playing with a smaller theoretical return.
Read more about this topic: Video Poker
Famous quotes containing the words full, pay and/or games:
“Should ardent spirits be everywhere banished from the list of drinks, it will be a revolution not the least remarkable in this revolutionary age, and our country will have its full share in that as in other merits.”
—James Madison (1751–1836)
“Shopping’s absolutely impossible nowadays. You can’t get near the counter, and when you do, they haven’t got it and you pay twice as much for it.”
—Arthur Wimperis (1874–1953)
“Whatever games are played with us, we must play no games with ourselves, but deal in our privacy with the last honesty and truth.”
—Ralph Waldo Emerson (1803–1882)