Casino Guide

Posts Tagged ‘Odds’

Poker is a skill game, where you are competing against the other players, and not the house. You play against the other players and your only limit to your possible edge is your skill level in comparison to your opponents. The casino or ?house’ only provides a location, chips, dealer, and regulations for your game. In exchange for all this, they usually take a small slice of each pot, usually around five percent with a max that ranges from one to five dollars that depends on the max limit of the game.

Video poker and blackjack casino game machines are the only games where a knowledgeable gamer, using ideal or basic strategy (including card counting in blackjack) has an edge over the house. That is the theory anyway.

Basic perfect strategy blackjack play (without the card counting,) and pass line and come bets with full odds on craps, both offer less than 3% house advantage. This means you could lose an average amount of three dollars for every 100 dollars you wager, over the course of a lifetime. Avoid all field bets in craps, Let it Ride games, low limit slots, and any gimmicks or tricks that aren’t usually part of a normal game. Examples of this are double exposure blackjack and royal match games.

When you have developed a good system, you can expect to get the best casino odds with blackjack. A solid basic betting strategy and the skill to keep track of the cards you’ve seen can take you very far in blackjack. The ability to keep track of cards is not necessarily card counting, but you have to at least know whether the deck is working with or against you.

Another best casino odds game is the game of craps when you decide to be the banker. The house edge is currently set at 1. 14 percent, making this one of the best casino bets around. You can lower this to around 0. 5 % by laying double odds. When you play craps, the pass line and come bets give you a very low house advantage of around one point four percent. You can lower this figure to around half a percent when you take double odds on your wager.

Baccarat is another game where it pays to be the banker in order to get the best casino odds. The Baccarat banker bet has a smaller percentage house advantage than the normal player bet but it will require you to pay a fixed commission percentage when you win. The house edge is around one percent for the Baccarat Banker bet.

The Baccarat player bet also has good odds with a house advantage of only one point two percent. You should always avoid the tie Baccarat bet as this is definitely one of the worst bets you can make.

Or maybe you head about someone who made a small fortune by matching all 15 of their keno numbers.

 

But the reality is the house edge on those games makes them highly unprofitable in the long run. While games vary, the best casino odds come on some other, less prominent games. Knowing where the smallest house edge comes gives you the best casino odds. Poker gives by far the best casino odds. It is a game of skill played against other players with the house taking a small rake on every bet. A good player has an advantage and will outplay bad players over the long haul. But poker takes time to learn, and there are a lot of good players out there. Counting cards at blackjack can also give you an edge, but that is another skill that takes time and is frowned upon in most places. So if you are in it for the short haul, here are some other games with the lowest house edge: 1) Video poker. Depending on the casino, video poker will return as close to even money as any casino game. While the overall return is not much, it is a game where you can spend a lot of time and come away without losing much money. 2) Straight blackjack. Playing a basic, set strategy will lower the house edge to as low as 0. 20 percent without counting cards in a single deck game. 3) Baccarat Banker ? 1. 17 percent. 4) Baccarat player ? 1. 36 percent. 5) Craps pass/come/don?t pass/don?t come ? 1. 40. 6) Three Card Poker ? 1. 46. Conversely, while these are some of the best casino odds, there are popular games that offer some of the worse. The house take on keno, for instance, is an astounding 25-29 percent depending on the casino. Again, these odds will vary slightly from casino to casino, but in keno, you are essentially giving away $25 for every $100 you bet. While this game is slowly disappearing from a lot of casinos, many still employ it. The bottom line is the best casino odds will come from games where skill wins out over luck. So if you take the time to learn these games and master them, you have a much better opportunity to make money and turn the odds in your favor. If you are simply hoping to just enjoy yourself, wager some money and not suffer too many big losses, video poker is an easy game to play. Some skill and knowledge of five-card draw is helpful, but overall it?s a game that is easy to learn, easy to play and gets the best return. Eventually, you will find the best odds at the casino come from games you need to learn. If you do, though, you are on your way.