Simple Jacks or Better Systems Tutorial

by Jaime on January 22nd, 2011

Statistical Arbitrage system applied to Video slot machines Poker


Jacks or Better can be a popular video poker casino game offered at several net betting houses. When collecting betting house matched deposit bonuses, it counts towards betting specifications for most web-based casinos, has a good pay out, along with a large jackpot.

This post will show readers how to calculate and maximise their anticipated return when using Jacks or Better to clear Betting house bonuses. In impact, this can be a statistical arbitrage strategy comparable to that used by Betting houses to maintain a casino edge over players.

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

Simple Optimal System

CSBS favours a simple Jacks or Better method as it enables a faster rate of play with minimal expected loss. Five coins should be played per hand as this maximises the pay out from a Royal Flush.

This uncomplicated system has a 99.46 percent pay out. To use the it, discover all the techniques to wager on a feasible hand from the list below, and choose the 1 that’s highest. A great card is one that is a Jack or better (i.e. Jack, Queen, King or Ace).

To execute the technique, players merely bet on the initial hand that is highest in this list:

  1. Full house or better
  2. four to a royal flush
  3. Straight, 3 of a kind, or flush
  4. four to a straight flush
  5. 2 pair
  6. High pair (for example pair of Jacks, Queens, Kings or Aces)

  7. 3 to a royal flush
  8. four to a flush
  9. Low pair (i.e. pair of Tens or lower)

  10. four to an outside straight
  11. two suited great cards
  12. 3 to a straight flush
  13. 2 unsuited good cards (if much more than 2 pick then pick lowest two)
  14. Suited Ten/Jack, 10/Q, or 10/K
  15. One superior card
  16. Discard everything

Expected Returns – Intercasino US Illustration

Prior to claiming any betting house deposit bonuses, it’s important to understand the conditions and terms, and any wagering requirements. As an illustration, we will take into account claiming the Intercasino US ninety dollars monthly deposit bonus, and illustrate how to calculate the expected return.

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

The terms and conditions state that players must bet an aggregate total of twenty-five times the bonus within the gambling establishment just before they can withdraw the bonus money. As an example, a gambler who deposits ninety dollars and receives a ninety dollars bonus must then wager an aggregate total of 2,250 dollars just before they can cash out.

A player using the Simple Method would expect a payout of ninet-nine point four six per cent which is equivalent to a loss of 0.0054 per-cent. Consequently, if they wager the full 2,250 dollars wager requirement they would expect a loss of 2,250 dollars * 0.0054 equals $12.15.

Since the gambler received a 90 dollars deposit bonus, their expected profit is as a result – $90 minus $12.15 equals $77.85.

Issues to take into account

You will discover a number of additional considerations that players may wish to take into account just before taking advantage of these bonuses. A couple of are listed here:

  • Neteller users must pay one dollar to withdraw. This is an extra price reducing the expected return to 76 dollars and 85 cents.
  • The expected return is only an estimate. Players aren’t assured to win every single month, though if they hit a Royal Flush then they could produce a lot extra than 77 dollars and 85 cents.
  • Some betting houses will enable players to withdraw their deposits prior to they have even started working via the wager requirements. CSBS doesn’t recommend this as it can lead to players being banned for abusing the promotions.

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