Maintain your old Siemens Hipath system

Simple Jacks or Better Strategy Tutorial

Statistical Arbitrage strategy applied to Video Poker

Introduction

Jacks or Better is a popular video poker game available at many online casinos. When collecting casino matched deposit bonuses, it counts towards wagering requirements for most online casinos, has a high payout, and a large jackpot.

This article will show readers how to calculate and maximise their expected return when using Jacks or Better to clear Casino bonuses. In effect, this is a statistical arbitrage strategy similar to that used by Casinos to maintain a house edge against players.

Readers who do not already know how to play Jacks or Better are advised to read this tutorial covering the basics.

Simple Optimal Strategy

CSBS favours a simple Jacks or Better strategy as it allows a faster rate of play with minimal expected loss. 5 coins should be played per hand as this maximises the payout from a Royal Flush.

This simple strategy has a 99.46% payout. To use the it, find all the ways to play a possible hand from the list below, and select the one that is highest. A high card is one that is a Jack or better (i.e. Jack, Queen, King or Ace).

To execute the strategy, players simply play the initial hand that is highest in this list:

  • Full house or better
  • 4 to a royal flush
  • Straight, three of a kind, or flush
  • 4 to a straight flush
  • Two pair
  • High pair (i.e. pair of Jacks, Queens, Kings or Aces)

  • 3 to a royal flush
  • 4 to a flush
  • Low pair (i.e. pair of Tens or lower)

  • 4 to an outside straight
  • 2 suited high cards
  • 3 to a straight flush
  • 2 unsuited high cards (if more than 2 pick then pick lowest 2)
  • Suited 10/J, 10/Q, or 10/K
  • One high card
  • Discard everything
  • Expected Returns - Intercasino US Example

    Before claiming any casino deposit bonuses, it is important to understand the terms and conditions, and any wagering requirements. As an example, we shall consider claiming the Intercasino US $90 monthly deposit bonus, and demonstrate how to calculate the expected return.

    At time of writing, Intercasino US offer a $90 monthly deposit bonus. This means that playerss depositing $90 will receive a $90 bonus into their account. (Intercasino US credits this immediately upon deposit, but other casinos may act differently).

    The terms and conditions state that players must wager an aggregate total of 25 times the bonus in the casino before they can withdraw the bonus money. For example, a player who deposits $90 and receives a $90 bonus must then wager an aggregate total of $2,250 before they can cash out.

    A player using the Simple Strategy would expect a payout of 99.46% which is equivalent to a loss of 0.0054%. Therefore, if they wager the full $2,250 wager requirement they would expect a loss of $2,250 * 0.0054 = $12.15.

    Since the player received a $90 deposit bonus, their expected profit is therefore - $90.00-$12.15 = $77.85.

    Problems to consider

    There are some additional considerations that players may want to consider before taking advantage of these bonuses. A few are listed here:

    • Neteller users must pay $1.00 to withdraw. This is an additional cost reducing the expected return to $76.85.

    • The expected return is only an estimate. Players are not guaranteed to win every month, though if they hit a Royal Flush then they could make a lot more than $77.85.

    • Some casinos will allow players to withdraw their deposits before they have even started working through the wager requirements. CSBS does not recommend this as it can lead to players being banned for abusing the promotions.

    Ben Willets is an enthuisiastic gambler and runs the popular Casino and Sports Betting - Even the Odds Website (http://www.financialcharti ng.com/casino-sports-betting-strategies/).

    In The News:

    War criminal convicted over Srebrenica genocide to be sent to UK prison
    Wed, 12 May 2021 14:59:00 +0100
    Radovan Karadzic - the Bosnian Serb political leader convicted over the Srebrenica genocide - is to be transferred to a UK prison to serve the remainder of his sentence.

    Bodies wash up on banks of Ganges as COVID deaths pass 250,000 on India's deadliest day
    Wed, 12 May 2021 11:13:00 +0100
    Bodies of COVID-19 victims have washed up on riverbanks in India as the country endured its deadliest day of the pandemic so far.

    Israel-Gaza death toll rises as UN envoy warns of 'heading to full-scale war'
    Wed, 12 May 2021 04:34:00 +0100
    Barrages of rockets have streamed out of Gaza while Israeli jets pounded the territory in return, in the most severe outbreak of violence since the 2014 war.

    Israel still in grips of political crisis as violence escalates on both sides
    Wed, 12 May 2021 15:47:00 +0100
    The scenes of violence in the Gaza Strip and across Israel are tragic but should come as no surprise.

    Six days of escalating violence in Israel and Gaza - how did it happen? 
    Wed, 12 May 2021 14:32:00 +0100
    The conflict between Israel and the Palestinians has not been seen on a scale like this for years, but the tension is always there.



    tikatoshop.it

    Erfahrungen mit Pallhuber Wein
    Agen Bola SBOBET Terpercaya

    Travel in comfort and at your leisure with CT Airlink Limousine & Car Service for top quality private transportation and exceptional customer service. We operate Sedans, SUVs & Vans for CT Car Services to covering all Connecticut airports including Car Service from CT to Newark Airport , Mohegan Casino Uncasville CT, Foxwoods Casino Mashantucket CT, Manhattan Cruise Terminal NYC, Brooklyn Cruise Terminal NYC and Bayonne Cruise Terminal NJ. CT Airlink hire licensed and friendly chauffeurs who have in-depth knowledge of the Areas.

    Texas Holdem Poker - Today

    The Texas Holdem poker phenomenon has taken the country by... Read More

    Poker Tournaments for Beginners

    As the game of Poker is scaling new heights, casinos... Read More

    Roulette: The Game of Remarkable Comebacks

    In casino gambling, sometimes even the most knowledgable players turn... Read More

    Pro Football Betting

    Did you know that most recreational bettors don't make a... Read More

    Class: It Tells All

    The word class, used by handicapper is no abstraction. The... Read More

    Keno Game 101- What You Absolutely Need to Know

    'Keno' is a well known game nowadays. It is frequently... Read More

    Roulette - How to Bet

    Betting is very simple in roulette if you follow these... Read More

    Evaluating Starting Hands In No-Limit Holdem Tournaments

    There are three main factors that influence how you should... Read More

    My Teenager Has A Gambling Addiction

    Over the past few months Stop Gambling Sites have received... Read More

    The Secret of Protecting Your Pass Line Bet

    Pssst...! Wanna know a secret?How about the secret of protecting... Read More

    Slot Machines

    On average, one third of the casino's total revenue is... Read More

    Poker on TV

    Poker on TV has been the catalyst that allows millions... Read More

    The Day I Decided To Stop Gambling With Gamblers Anonymous

    Everything was going perfect for me in life. Good job,... Read More

    Online Craps

    Are you interested in playing craps online? Are you tired... Read More

    10 Tips That Will Give You Unfair Advantage At The Poker Table When Playing Texas Holdem Poker

    Playing poker and winning is a very difficult task to... Read More

    Craps

    There is no longer a need to fly all the... Read More

    Viva Las Vegas Buffets

    Please correct me if I am wrong but aren't Las... Read More

    Compulsive Gamblers Guilt Affects Their Gambling Addiction Recovery

    When a compulsive gambler is in recovery, feeling guilty is... Read More

    Want to Know the Roulette Bet With the Best Odds?

    Play on European Tables OnlyRoulette wheels can divided into 37... Read More

    More On The Endings Of Poker Tournaments

    Previously I've written about tournament end games, and about how... Read More

    Would You Bet on Your Brand? - Three Strategies for Winning at Brand Poker

    It seems you can't turn on the TV without seeing... Read More

    Poker Revenue Basics

    Poker is one of the most famous card games across... Read More

    Top 5 Things to Look for when Buying Quality Poker Table

    When one is ready to buy a quality poker table... Read More

    Casino Food 101

    Over the years, the various gambling games and the gambling... Read More

    What You Need to Know About - Native Americans and Gambling

    The term 'Gambling' is synonymous to 'Gaming'. Gaming or Gambling... Read More