You’ll sometimes encounter video poker games that have a “double or nothing” feature. The way this usually works is that you play a bonus game in which the “dealer” (which is just the video poker machine itself) shows a card. You get to choose from four other cards. If your card is higher than the dealer’s card, then you double your winnings. On the other hand, if the dealer’s card is higher, you lose your winnings.
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This is an interesting bet, because it’s one of only two bets in the casino which offers no house edge. In other words, it pays out as if there were a 50/50 chance of winning, and there really is a 50/50 chance of winning. (The other bet where this is true is the “odds” bet in craps.) The question is whether or not you can incorporate this fact into your video poker strategy.
Double Up Strategy
Most video poker players are playing for fun. In other words, they’re not professionals, so they’re not sticking to a strictly positive expectation situation. Recreational players should go for the double or nothing any time they feel like it. Since it’s a bet with no house edge, you’re mathematically not at any kind of disadvantage taking this bet.
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Of course, you should keep in mind your own tolerance for risk. For example, if you hit the rare royal flush with the 8000 to 1 payout, do you really want to lose that big jackpot half the time? A royal flush only comes around once every 50 or 60 hours on average, so that’s a long wait to get a big jackpot only to risk a 50% chance of losing it in an effort to double up.
The other consideration to keep in mind is whether or not you think the double up bet is fun. When I play video poker, I enjoy getting into a routine. It’s a fast-paced game with its own kind of rhythm, and I don’t necessarily want to break that rhythm up just to get an even-money bet. Your mileage may vary.
Most people suggest that you should take the odds bet every time in craps and put as much money on it as possible, because it effectively reduces the house edge. This holds true to a lesser extent with video poker, too. It’s still a negative expectation game, but the house edge for the combined bets—your initial bet + your bet on the double up feature—is reduced because the 2nd bet is an even money wager. (There’s no house edge.)
Most video poker machines have a limit to the number of times you can double up. This varies, but being able to double up four times in a row is the most common setting. If you’re dedicated to minimizing the house edge as much as possible, you should double up all four times, but that’s assuming that your tolerance for a lot of risk is quite high.
Your Goals
Different gamblers have different goals. Lots of people hope to double or triple their bankroll and quit, but others just want to play and have fun for as long as possible. Your strategy depends on your goals. If you want to double or triple your bankroll, then mathematically, the best strategy with the double up feature is to double as often as you can until you reach your goal. If, on the other hand, you’re hoping to maximize the amount of time you spend playing, then you should either avoid the bet entirely or only wager small wins on this option.
Do You Need to Make Any Other Strategy Changes on a Game with this Option?
No. All other strategy decisions prior to the option of doubling up remain the same.
No Risk Double Up Video Poker
This is one of the multiple games offered by WMS My Poker machines. It’s similar to any other video poker game with a double up option, but it does offer some variation in terms of how it actually works in play. In this game, the maximum number of times you can double up is four, which means that you could theoretically increase your winnings on a specific hand by a factor of sixteen. (Your initial win X 2 X 2 X 2 X 2 = 16).
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In order to enable the double up feature, you have to play ten coins. You can play for five coins, but you’re ineligible for the double up feature if you do so. This part of the game (other than the increased bet requirement) plays just like any standard video poker game.
But when you get a winning hand, you get to go on to the bonus round. In the bonus round, “the dealer”, deals five cards face down. Four of them are aces; the other is a joker. If you pick the joker, then your multiplier is X1, and the bonus round ends. If you pick an ace, you move on to the next round, where you’re dealt three aces and two jokers. If you pick a joker this time, your multiplier is X2. If you pick an ace again, then you get to move on to the next round—it doesn’t take a rocket scientist to figure out what happens next. You get five cards again, but with one fewer ace and one more joker. This time if you pick a joker, your multiplier is X4. If you pick an ace, you move on again, and this time there is only a single ace with four jokers. If you get a joker on this final round, your multiplier is X8, but if you pick the single ace, your multiplier is X16.
The reason this game is called “no risk” is because the worst case scenario is that you’ll pick a joker on the first round of the bonus game, in which case you still get to keep your original payout on the hand. On the other hand, you have to pay the extra amount per hand to activate the bonus game, which is lost on those hands which don’t receive a payout.
No Risk Double Up is available for multiple video poker variations, including Jacks or Better, Bonus Poker, Double Bonus, Double Double Bonus, Triple Bonus, Triple Triple Bonus, Deuces Wild, and Joker Wild. The 8/5 Bonus Poker game offers the best odds, with a payout percentage of 99.46% when played with perfect strategy.
As with earlier versions of “double up” video poker, no strategy changes are necessary when switching from one of these standard game versions to No Risk Double Up video poker.
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Sometimes you’ve just got to put it all on the line! Now you can with our new Double or Nothing feature! When you get up from a cash game table, or are eliminated from a tournament but cash in the money, you’ll now be given the chance to double your winnings, or recoup your losses instantly! Texas holdem poker rules hands.
For example, let’s say that you’ve won $500 from a $2/$4 cash game and stand up from the table. As you get up, a pop up window will appear that gives you the option to try and double your winnings playing the Double or Nothing game.
Double Or Nothing Stream
Alternatively, if you’ve lost in your cash game session, you’ll have the option to wager what you’ve lost for a shot to get it back (if you have the necessary funds in your account).
Playing Poker For A Living
The Double or Nothing game consists of a standard playing deck of 52 cards and 2 jokers. It’s up to you to bet on whether the randomly overturned card will be a Red Card or a Black Card. Guess right, and you double your money. Guess the wrong color or a joker and you lose.