VPGenius.com is an all inclusive video poker website, and plays host to several excellent video poker articles, half a dozen calculators and tools, and descriptions of hundreds of video poker games and variations. The site is free for its users, and also has info on online video poker games and software providers.
Video Poker Calculators
The most valuable tool that VPGenius offers is their selection of video poker calculators and tools. Like I mentioned before, there are six different tools, including:
- Binomial Distribution Calculator
- Bonus EV Calculator
- Cash Back Calculator
- Combinatorics Calculator
- Linear Interpolation Calculator
- Wager Tracker
Really, the first three are the ones that specifically apply to video poker, so we're only going to review those. Some of these tools are extremely advanced and in depth, so we'll go over each one now so you know what to expect:
Binomial Distribution Calculator
The binomial distribution calculator lets you determine the probability of having an exact number of successes out of an exact number of trials with a predetermined probability of success. I'll explain how this is relevant.
Imagine you're trying to determine the odds of not getting a single royal flush over 40,000 hands of video poker. You have all the numbers you need to enter into the calculator: number of successes (0), number of trials (40,000), and probability of success for each individual trial (roughly 0.000025%). Here's the outcome:
As you can see, the probability of hitting zero royal flushes over 40,000 hands of Jacks or Better is roughly 37.1%. This tool can be used for tons of video poker calculations including figuring out the likelihood of hitting a four of a kind in 100 hands, and other similar calculations.
Bonus EV Calculator
The Bonus EV calculator is used to calculate the expected value of an online casino bonus. You enter in your deposit amount, the bonus amount, whether the bonus is given before or after wagering, the wagering requirements, the expected value of the game you're playing, and the % that the game you're playing contributes towards the bonus.
To test it out, I calculated the bonus for Bovada Casino assuming a $1,000 deposit and a full pay Jacks or Better game. Here's the results:
Although the bonus you're getting is $100 (a 10% match), the actual expected profit is only $24.74 because of the requirements.
Cash Back Calculator
The Cash Back calculator at VPGenius is another great tool. You enter in the return of the game you're playing, then input how many wagers gets you how many points, and how many points get you how much money. Here's a screenshot:
I used full pay Double Bonus for the example, and assumed that every $100 earned you 1 point, and every 10 points earned you $1. In this case, the long term expected return is increased from 100.17% to 100.27%.
VPGenius.com is an outstanding website that offers top notch content as well as extremely useful tools. They get an A+ in my book, especially because everything is offered at no charge. Head over to VPGenius.com to learn more.