Swinburne Research Bank http://researchbank.swinburne.edu.au Barnett, T., & Clarke, S. R. (2004). Optimizing returns in the gaming industry for players and operators of video poker machines. Originally published in Proceedings of the 2004 ACM SIGCHI International Conference on Advances in Computer Entertainment Technology (ACE 04), Singapore, 03–05 June 2004 (pp. 212–216). New York: ACM. Available from: http://doi.acm.org/10.1145/1067343.1067369 Copyright © ACM, 2004. The definitive version was published in Proceedings of ACE, (2004). This is the author’s version of the work, posted here with the permission of the publisher for your personal use. No further distribution is permitted. You may also be able to access the published version from your library. The definitive version is available at http://dl.acm.org/. Swinburne University of Technology | CRICOS Provider 00111D | swinburne.edu.au Optimizing Returns in the Gaming Industry for Players and Operators of Video Poker Machines∗ Tristan Barnett and Stephen R. Clarke Swinburne University PO Box 218, Hawthorn Victoria 3122, Australia
[email protected] [email protected] ABSTRACT player. On the other hand, it could be argued the enter- Video Poker in Australia is on the verge of extinction. These tainment value of Video Poker machines is greater. They machines are being replaced in casinos as it is claimed they require some thought process from the player in deciding generate less money than the traditional slot machines. A which cards to hold on any hand. Optimal strategy de- brief outline of Video Poker is given and a method of calcu- pends on the various payouts, and while all the necessary lating the optimal strategies for any Video Poker machine information is available, the calculations are extremely diffi- is developed.