Reason #5 why the Wizard likes Bovada:

Intelligent Bonuses

Many online casinos offer huge signup bonuses, but there’s a catch. Buried in the fine print is that play on the most popular games doesn’t count towards earning the bonus. It’s common for play on blackjack, baccarat, roulette, craps, and video poker to be excluded. In many cases, only slots count.

And that’s if you can even find the terms and conditions. Many casinos put their 100% bonus in big flaming letters but make you hunt all over their site to find the rules.

Bovada allows play on all games to count towards the wagering requirement. It’s that simple. Just no opposite betting. All casinos ought to be as easy as Bovada about this. The bonus offer itself is simple too: on your first deposit, they’ll give you an extra 10%. If you deposit $100, you’ll wind up with $110 in chips or tokens.

Finally, in the unlikely event that Bovada feels you’ve been abusing their bonuses they won’t seize your winnings like most other casinos will. In the worst case scenario they will politely tell you that they will not be offering you any future bonuses, but you are welcome to keep playing and keep everything you have made already.

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Video Poker Appendix 3 Answers

Last Update: January 3, 2003

Q1: What is the standard deviation of one hand of 1-play jacks or better on a $1 machine with max coins?

A: From the 9/6 table we see the standard deviation is 4.417542. Multiply this by the total bet and the standard deviation is 4.42*5*$1 = $22.09.

Q2: What is the standard deviation of one hand of 1-play jacks or better on a 25 cent machine with max coins?

A: From the 9/6 table we see the standard deviation is 4.417542. Multiply this by the coinage and the standard deviation is 4.42*25c*5 = $5.52.

Q3: What is the standard deviation of 10 hands of 1-play jacks or better on a 25 cent machine with max coins?

A: From the 9/6 table we see the standard deviation per hand is 4.417542. Multiply this by the square root of the number of hands and the amount bet per hand and the standard deviation is 4.42*sqrt(10)*5*$0.25 = $17.46.

Q4: What is the standard deviation of 1 initial hands of 10-play jacks or better on a 25 cent machine with max coins?

A: From the 9/6 table we see the standard deviation per final hand is 6.100180. Multiply this by the square root of the number of hands and the coinage and the standard deviation is 6.10*101/2*25c*5 = $24.11.

Q5: What is the standard deviation of 100 initial hands of 50-play deuces wild on a $5 machine with max coins?

A: From the deuces wild table we see the standard deviation per final hand is 13.405118. Multiply this by the square root of the number of hands and the coinage and the standard deviation is 13.41*sqrt(100*50)*$5*5 = $23,697.12.

Q6: What is the standard deviation of 50 initial hands of 100-play deuces wild on a $5 machine with max coins?

A: From the deuces table we see the standard deviation per final hand is 18.349382. Multiply this by the square root of the number of hands and the coinage and the standard deviation is 18.35*sqrt(100*50)*$5*5 = $32,437.43.

Q7: What is the standard deviation of 1 initial hand of 8-play 10/7 double bonus on a $2 machine with max coins?

A: From the top table we see the variance of the deal is 3.391375 and the variance of the draw is 24.864165. The total variance in 8-play would be 8*3.391375 + 24.864165 = 51.9952. The standard deviation is the square root of that, or 7.2108. So the standard deviation of 8 such final hands is sqrt(8)*7.2108*$2*5 = $203.95.

Q8: What is the standard deviation of 2000 initial hands of 23-play double bonus on a $25 machine with max coins?

A: From the top table we see the variance of the deal is 3.391375 and the variance of the draw is 24.864165. The total variance in 23-play would be 23*3.391375 + 24.864165 = 102.8658. The standard deviation is the square root of that, or 10.1423. So the standard deviation of 2000 initial hands is sqrt(2000*23)*10.1423*$25*5 = $271,909.52.

Recommended Reading

For another good source on this subject visit Jazbo's article An Analysis of N-Play Video Poker. The articles includes variance breakdowns for 13 video poker variations.

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