Is it possible to make one deposit in a video poker machine and never run out of money for the rest of your life?
According to statisticians, it is, and it’s less than you might think!
Play Video Poker For The Rest of Your Life… On One Deposit
As previous video poker articles have pointed out, the odds involved in video poker are some of the highest of any casino game; some games even have an expected payout of over 100%, meaning that over the long run, the player is expected to win more than the casino!
Due to these extraordinary odds, it is entirely possible for you to make a deposit into a video poker machine and NEVER lose the deposit, even if you played that video poker machine for the rest of your life.
Risk of Ruin
So how much do you need to deposit before you have a good chance of never losing your bankroll? The answer lies in how confident you want to be when making that deposit. Do you want to be 50% confident, or 99% confident that your money will never run out? The more confident you want to be, the more you must deposit.
Let’s look at an example. You are playing Deuces Wild Video Poker. To be 50% confident that your bankroll will never dry up for the rest of your life, you must make one deposit of 5305 times the minimum bet. To put this in dollar terms, if you were playing a penny machine, you would need to deposit only $53.05 to have a 50/50 chance of never running out of money.
Let’s say 50% confidence is not good enough for you; you want to be 99% confident that you will never run out of money after your first deposit. To be 99% confident, you must deposit 35,240 times the minimum bet, or only $352.40 to be almost 100% sure you can play that machine forever.
Don’t believe it’s true? Download Silver Oak Casino and give it a shot!
Think it’s true you can really play forever for only a few dollars or am I full of it? Let me have it in the comment section below!
If you’ve decided you like video poker, check out these articles to improve your skills: online slots versus online video poker, how to double your video poker winnings, video poker myths, why video poker is better than poker, and how to manage your video poker bankroll.