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Question of the Day - 22 January 2022

Q:

I read all the time on QOD about how good VP is when you find a game with a good paytable. But one thing that always seems to “stick in my throat.” You play five credits (a total of a $5 bet) on a $1 Jacks or Better machine. You draw a pair of kings and the machine announces you won. But when you made your $5 bet, your credits go down by $5. Now the machines says you won $5, but it only credits you back $5. You're only now even. Where is the profit of $5? The casino cheats you out of your $5. However, If you were playing a table game, you would not only keep the $5 you bet but you could pick up your $5 profit and head somewhere for a cheap cup of coffee. This is the main reason I play very little VP. Your thoughts.

A:

[Editor's Note: Bob Dancer takes this one on.]

You’re right. Video poker payouts are given “for 1,” where your initial bet is replaced by your “winnings,” and blackjack payments are given “to 1,” where your initial bet is left intact and your winnings are paid in addition to keeping your initial bet.

Keep in mind that in blackjack, the wins are all modest in comparison to your initial bet. You get a bonus for natural blackjacks and splitting and doubling are allowed in certain circumstances (where more money must be bet in order to take advantage of these situations), but each of the payouts is a very low multiple of your original bet. There are no 800-for-1 royal flush payouts in this game. (Sometimes side bets are offered where you can get big payouts on rare occurrences. Although some of these are popular, generally speaking, they have very high house advantages.)

With a blackjack matchplay bet, you’re actually being paid 1-for-1 instead of the usual 1-to-1. Some casinos make the bet even worse on matchplays by paying only even money on naturals. Station Casinos used to take your bet on ties on matchplays as well. (I don’t know if they still do that or not.)

Some games have a mixture of the two. In craps, for example, if you bet on the pass line and win, your winnings will be placed alongside your original bet. But on the same crap layout, betting the hard 8 (the 44 rolls before 62, 53, or any 7) can be listed as 9 to 1, but on other crap layouts the same bet is listed as 10 for 1. It’s the same 9.1% sucker bet either way. Out of 36 possible rolls, you have 10 ways to lose and one way to win.

In video poker, since a result of “jacks or better” happens more than 20% of the time, that return can't be 1-to-1; if it were, there wouldn't be enough money left to pay out the other pay-schedule categories, keeping in mind that for a game to last, the casino must make a profit.

But if you make the payout 1-for-1 (which basically means it's a push; you just get your money back), plenty of the pie is left over to give out higher returns for other pay schedule categories.

Receiving 4,000 coins for a royal flush seems to be much more satisfying to players than receiving 50 coins, which is what it would probably end up being if you paid 1-to-1 for jacks or better hands.

There’s just so much of the payout pie. Game designers strive to split it up in new and interesting ways, so players want to play and the casinos can make money. Sometimes the games charge extra coins in order to make a bigger pie to split and sometimes some of the payouts happen only in certain bonus circumstances. There are lots of ways to do it.

 

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Comments

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  • Kevin Lewis Jan-22-2022
    Not really an answer
    The person asking the question was complaining that a VP machine simply returning your bet is announced on the screen as a "win," when it's really just a push. The "why" of a push rather than an even-money payout is irrelevant to the question.
    The reality is that announcing a return of your bet aka a push as a "WIN" makes playing the machine more exciting than if it announced such an event as a "PUSH." You don't win diddly bupkus when you end up with a pair of Jacks. But the manufacturer/casino knows it's more profitable to lie to the customer about such things--even if only an idiot would believe such a lie (it's pretty obvious that all you did is push).
    The physical difference is that on a live table game, the dealer doesn't pick up/take your bet before the dice are rolled/the cards are dealt. A VP or slot does exactly that. So the refunding of your bet can be treated with a little specious fanfare "WIN."
    Casinos were built on lying and on creating illusions for the customer.

  • Jackie Jan-22-2022
    Bod Dancer can't comprehend English
    The question was "how good VP is when you find a game with a good paytable".
    Answer should have been "You didn't find a good paytable!"
    NOT VP=BJ
    NOT VP=Craps
    NOT VP=pie
    
    Any paytable that pays one for one means you win one coin for one coin bet.
    A true paytable should actually say PUSH instead of one, no loss, no win. or maybe zero instead of one.
    
    It is false advertising and a BAD paytable.

  • Donzack Jan-22-2022
    Interpretation 
    Definition of win in the dictionary is obtaining success. In the casino breaking even is successful. We have our money to play again. When we’re dealt or draw jacks or better the screen displays jacks or better, not money increase. I feel much better breaking even than losing money. It only gets worse when you play games where you break even with two pair. There are no facts, just interpretation.

  • Dave_Miller_DJTB Jan-22-2022
    Really Bob?    REALLY?
    Why compare to Blackjack, which, as Bob points out, is mostly 1:1, but has the added/confusing options of splits and doubles?
    
    A better comparison is Roulette, with it's range of multiple payables. OK, none are as big as VP pays for a Royal Flush, but...
    Side note: I created a Roulette side bet with huge jackpot potential.
    For more info: www.DaveMillerGaming.com
    
    With VP, you gotta remember that way back in the day, you needed to put coins in before every spin. So getting some back, even the same amount as was put in, feels a lot more like a win than merely returning the credits to your meter.
    
    VP *could* be changed to pay Kings or better and pay 2 for 1 to be an actual win, but that would change other strategy, resulting in a change in the edge/hold.

  • Lesego Jan-22-2022
    to or for
    If I pay $5 to play a game at a carnival and win a $4 stuffed animal, it is called a win.
    
    In a store the sign is $1 for 1 candy bar.  When I present $1 at the counter, they don't then give me back both my $1 and the candy bar, but keep the $1.
    
    I understand what the question was all about, but the idea that one would not play a game because they call a push a win is a little miss-guided.  The answer was addressing the difference in the math term of "to" and "for".  When the term is 1 for 1 instead of 1 to 1, just like at a carnival game a push is considered a win. 
    
    Mr. Lewis made the distinction very clear in when the bet is collected.  In VP, the money is gone before you get your cards, so in fact you do "win" your bet back because you don't have it anymore.

  • Jerry Patey Jan-22-2022
    Push
    Why don’t you keep this simple and not make answer page length. In JOB you get your bet money back with a pair. Getting your bet back is a win ? Right? Lose money if you don’t get a pair. Guess I am just simple minded 

  • Bobq Jan-22-2022
    bob q
    I consider a high pair a winner when playing JoB, because The Royal Occurs On average every 40,390 hands played. A high pair puts me one hand closer to to my goal at no cost to me. Just my opinion.

  • Don the Dentist Jan-22-2022
    Points
    Besides getting your money back, you also get points, assuming you are playing with your player's card properly inserted. In most casinos the points are worth money or comp dollars or both.

  • That Don Guy Jan-22-2022
    Probably because...
    ...a VP machine is like a slot machine; the numbers indicate "what comes out of the machine" when you get that result. If it should say "Push" for Jacks or Better, should it say "1" (more accurately, "1-1") instead of 2 for Two Pair?

  • Anthony Curtis Jan-22-2022
    Different takes
    I'm puzzled that there’s some dissatisfaction with the original answer. It imparts good information about a “question” that can be interpreted in different ways and doesn't really lend itself to a specific answer, as is demonstrated by the variation in comments. Despite different interpretations, these responses make good and relevant points. Really, since a push is breakeven and you earn a fraction of a penny for the play from club points, I like Don the Dentist's take. My feeling is that calling a push a win and having the public generally accept that is one of the most brilliant marketing moves in the history of casino gambling.

  • PackerBackerAZ Jan-22-2022
    It's Not a Bet
    When you make a bet and win you get your original bet back and the win. In VP you pay to play a game that will give you what the pay schedule says as a win. You don't place a bet in VP. It really isn't all that complicated.

  • Andyb Jan-22-2022
    Ill make it simple for yea
    You paid 5 dollars to play ONE hand you paid it its gone. Now you get the hand you paid for. If you lose you already paid, if you win you will get paid, very simple. 

  • Roy Furukawa Jan-22-2022
    @Donzack
    I agree with @Donzack, it's how you interpret what a win really is to you. Getting jacks on JoB on $1 VP feels much more like a win compared to 5-cent VP to me. :D

  • Ray Jan-22-2022
    It's just words
    If you don't like being told you won when there is no profit in the "spin", don't play any slot game. The advantage of VP is that you are told how much you will be paid before you put your money in AND the odds can be calculated because you also have the ability to know the probability of getting those hands. In non-VP slots you know the paytable without any knowledge of those probabilities...BUT you can play a 40 line penny game for 40 cents and hit on ONE line for a nickel and it is still called a win (yet you lost 35 cents on the spin). As one of the commenters said, once the money is put in the machine (or the credits are played) it is no longer yours. Any money that comes back to you IS, therefore, a win.

  • Mark Jan-24-2022
    wait, what
    So those of you who think this doesn't count as a win,
    
    when you buy a lottery scratch-off ticket for, say, $5, and you win a $5 prize, you don't consider that a win?  Because this is the same thing.