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This is an updated and more in-depth version of an earlier post we wrote on the Top Ten Best Casino Game Odds
One of the things you’re most likely to encounter when you talk to either a professional or amateur gambler are often distorted and unreliable testaments about the ‘odds’ of any given casino game – for the most part, professionals have both a mathematical and an intuitive grasp of probabilities, regardless of what game their playing, but it can often be very confusing (and more than a little intimidating) when the issue is brought up in comparison to other games. Clearly, some casino games give you a better chance of winning, either based on the format of the game or the strategies employed.
When talking about probabilities and ‘odds of winning’, it’s most useful to refer to the house edge, which is the difference between the true odds and the odds that the casino pays you when you win. Essentially, it’s the amount the player loses relative to any bet made. For instance, if the casino only paid you 95 cents every time you won instead of a dollar the House edge would be 2.5%. This is how casinos make their money, and regardless of what casino you go to, there will always be a house edge that favors the casino over the player. Learning which games have the lowest house edge, and how to subvert this handicap, is the goal of professional and amateur alike.
Three of the most popular games with the highest payout to house-edge percentage are Roulette, Let Em’ Ride, and Tri Card Poker, and are considered fixed games because the house-edge doesn’t change.
1. European Roulette & 2. American Roulette
Since there is a difference between European and American Roulette (American Roulette having an extra slot), the house-edge and chances of winning vary according to the game. The general formula used to calculate the house-edge follows.
3. Tri Card Poker
This form of poker has a variable house-edge that ranges from 3.3% to 4.28%, and fluctuates according to the strategy employed.
4. Let Em’ Ride
Fans of this variation of 5 card stud will also be familiar with a reasonable house-edge coming in at 3.5% – the beauty of Let ‘Em Ride is the ability for a player to withdraw a percentage (usually 1/3) of their initial wager based on the flip. Depending on the table, the house-edge can increase – for simplicity’s sake, the graph only shows Table 1
5. Pai Gow
Known for its slow rate of play, and its incorporation of ‘pushes’ to keep the game moving, Pai Gow is a classic casino game with a relatively low risk which makes it popular both online and in real life. Every player plays against the dealer, which also makes for a very social game that is fun and comparatively easy to learn – its strategy is also straightforward as well, and once you’re familiar with the hands, overcoming the house-edge is just a manner of patience.
6 & 7. Baccarat
We’ve given baccarat two spots on this list because of the two different ways one can play which render different odds. Play as the “Player” and the house odds are 1.63%. However, if you play as the “Banker”, the house odds are decreased even further to 1.17%.Considered one of the more ‘high class’ games in a casino’s repertoire, Baccarat is also one of the more vexing games when it comes to trying to beat the house-edge. The majority of the game follows a principle of deciding whether or not to hit (H) or stand (S) – if the banker hits on a total of 5 or less, the chart below is used to indicate what move the player should draw.
If the player wins a bet on the banker, the pay is 19 to 20 (minus a 5% commission). If the bet is won on the player, then the pay is 1 to 1, and winning bets on a tie have a return of 8 to 1. The house-edge based on whether the win was on the banker, player, or a tie varies slightly according to whether or not the game is played with 8, 6, or a single deck.
8. Blackjack
As a card game that utilizes basic strategy, Blackjack is one of the cheapest card games you can play in a casino, and with a basic understanding of the game and the rules, most professional players can limit the house-edge to 0.5-1%. The house gets its advantage by being the last player to act, which gives them a slight lead, so it’s important to rely on a basic strategy to indicate whether you should hit, stand, surrender, etc. Shown is a standard strategy guide based on the flip of the dealer vs. player.
S = Stand
H = Hit
Dh = Double (if not allowed, then hit)
Ds = Double (if not allowed, then stand)
SP = Split
There are a number of other things to consider in any given game, including the number of decks being used, and what probability you have of busting (when you exceed a value of 21) based on your hand – as a general rule, the fewer decks used, the lower the house-edge.
The gameplay of Blackjack, relying on the value of two cards, means that there are a number of possible outcomes, and each outcome has its own probability – below is a general Two Card Count table with the projected frequency of that outcome.
9. Craps
As a dice game, Craps requires just as much – if not more – strategy and planning, and a keen grasp of the probabilities of a given roll of two dice, with 7 and 11 being a win and 2, 3, and 12 being a crap out. More than that, though, a professional Craps player must also be intimately acquainted with the different kinds of bets and their corresponding probabilities. The house-edge in a Craps game ultimately depends on what type of bet is being made since every roll is independent of the previous roll.
Whether you’re a seasoned Craps player or just starting, you’ll quickly learn that the most assured and reliable method of winning is to rely on the Pass Line bet. However, the ratio probability of win/loss is still stacked against you on a Pass Line wager (which is considered the safest bet) as the graph below illustrates.
The expected value of 32 straight (on average an hour of play) $5 pass line bets (with a house edge of 1.41%) is a loss of $2.26. There are exactly 16 outcomes that create a player win and 16 outcomes that create a player loss. The winning probability of the pass line (49.3%) creates the difference in the overall winning (39.89%) and losing (46.16%) outcome percentages. Enchant your skills on the Truebluecasino.org
Source: Craps House Edge Guide
10. Five Times Odds Craps
This version of Craps is similar to the classic but allows you to add extra wagers to pre-existing bets. For example, if you make a Pass Line bet, you then have the option of laying another bet which the house has no advantage over. Unlike some of their competitors, Silver Oak Casino permits a player to stack up their bets 5 times, which will pay out at their true odds. In this way the house-edge is reduced (up to 0.2%), which makes it one of the lowest risk games available.
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Of all the ways to lose money in life, gambling is probably the most enjoyable (at least up to a certain point).
When you walk through the doors of a casino, you do so knowing your net worth is probably going to be lower by the time you emerge back into the blinding sunlight, but at least you can get a few free drinks for your troubles.
However, if you want to maximize the number of watered down adult beverages you receive while gambling, it’s important to know which games to play in order to ensure you don’t burn through your funds any quicker than necessary.
In order to do that, you need the answer to one simple question: Which casino games have the best odds?
Here’s everything you need to know.
Games of Chance vs. Games of Skill
Casino games are a lot like cryptocurrencies: you have plenty of options when it comes to taking a risk with your money but there are certain ways to gain an edge if you actually know what you’re doing.
If you don’t want to rely on a computer algorithm, a rolling ball, or a random person tumbling dice, there are a few other places where you might feel right at home.
For the purpose of this article, I’m going to assume you aren’t Rain Man or someone who enjoys the adrenaline rush that comes with knowing you could be hauled into a backroom at any minute if you get caught counting cards.
If either of those labels apply to you, then I doubt you need much advice in the first place.
Which Games Have The Worst Odds?
Before we address the best casino games to win money we should also examine the ones that rip you off the most.
Odds can vary from casino to casino and many of them actually have guides that can tell you which games will give you the best return on your investment. However, they’re a bit less likely to advertise which games are designed to screw you over more than others.
I’m more than happy to take on that burden.
3. Slots
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I know it can be tough to resist the urge of the flashing lights and the alluring gaze of Carrie Bradshaw radiating from The Sex and the City slot machine but you’re doing yourself a severe disservice if you don’t have the self-control required to not sit down.
Slot machines are great because you can sit there for hours on end while establishing a camaraderie with the person bringing you drinks, which the casino is more than happy to provide you with because you’re basically printing money for them.
Odds vary from machine to machine, but one analysis says the house edge can be upwards of 15%. That number will shrink as you play machines with larger betting amounts, but if you’re a penny slots diehard, you might want to rethink your fandom.
2. The Wheel Of Fortune
There’s a pretty small chance you’re ever going to find yourself standing next to Pat Sajak on a set in Los Angeles, so for most people, this game is the closest they’ll ever get to actually playing Wheel of Fortune.
However, unlike actual Wheel of Fortune contestants, you don’t get to walk away with a food dehydrator or a new set of flatware if you lose— and there’s a very good chance you’re going to.
If you’re brave enough to bet on higher amounts, you should do so knowing the casino has up to a 25% house edge. You’ll honestly probably have better luck if you just audition for the show.
1. Keno
Getty Image
I’m not sure why anyone would play Keno at a casino when you can just go to a sketchy bar or a bowling alley— not to mention that it’s just an objectively boring (and entirely random) game.
You can spice things up a bit if you want to play glorified bingo surrounded by AARP members instead of staring at a screen but you’re not doing yourself any favors either way. Opting for the former comes with a house advantage of up to 16% but that number can balloon to 30% when it comes to the virtual version.
Thankfully, there are more than a few other games you can hit up for the best odds in the casino.
Which Casino Games Have The Best Odds?
4. Roulette
When you consider roulette gives players the chance to basically bet on a coin flip, you’d think it would be one of the best games on the casino floor.
However, the inclusion of the green 0 and 00 actually gives the house a bigger advantage than you’d think. Unlike some other games, the odds never change, which means a casino will statistically have a 5.26% house edge.
There are a variety of different betting strategies that can theoretically increase your odds but there’s still a very good chance you’ll end up losing money in the long run even if you use them.
3. Craps
Palace Of Chance Casino
Pexels
There are a million different ways to bet on craps but if you’re new to the game you’re probably just going to want to bet on the Pass Line and yell “Seven!” a lot.
If you choose to adopt that strategy then the casino is looking at a house edge of 1.41%. Sadly, there’s no solid data on whether or not blowing on the dice before a roll impacts that number.
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2. Blackjack
You may not have perfected the art of card counting at MIT but blackjack is still one of the best bets you can make at a casino.
Even if you’ve never played a single game of blackjack in your life you still have a pretty good chance of coming away with a winning hand as long as you know how to do simple addition.
If you did, in fact, go to elementary school, the house only has a .5% edge whenever the cards are dealt.
1. Video Poker
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Sure, video poker might not be as exciting as facing off against a guy rocking sunglasses inside with a pair of Beats over a pulled-up hoodie, but at least you don’t have to deal with the blow to your psyche if you end up losing to him.
If you can track down a Jacks or Better machine, you’re in a position to rake in more money than anywhere else in the casino.
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Technically speaking, an inexperienced video poker player has the same shot at winning as a blackjack player does but there are a number of proven strategies that (if applied correctly) result in the house only having an advantage of .46%.
Chances Casino Games
However, an expert at Deuces or Wild can theoretically gain a .7% edge on the casino, so if you happen to have some time on your hands, you might want to start studying up.