The fun in gambling has never been in the statistics. If you enjoy gambling and have found a way to keep it balanced, whether it’s blackjack or slots or anything in between, don’t let the numbers tell you off. The statistics are just that: the odds set up to ensure the money moves from the players to the house. If you still want to keep reading, here are the facts.
By betting exclusively on either reds or blacks, players secure an almost 50/50 chance of winning. That means that for every time they win a game, they lose another. American Roulette tables have two green squares, however, meaning the odds are just slightly worse than one in two.
The main problem with playing Roulette this way is that it can be slow and tedious. The odds of having a specific number rolled are slim, but a 36 to 1 win is far more exciting than continuously breaking even.
Unlike Poker, Blackjack has a fairly simple set of rules, and the only person players need to worry about is the dealer. Most players will win at least 4 in 10 games, but not even counting cards will bring the odds of winning above 50%.
Normally, playing craps results in fairly poor odds, but there is a way to break even. This is done by layering bets. When players places multiple bets on the same number, (up to 10 is allowed), the dealer awards winning based on the exact odds of that win occurring. If a gambler places ten times odds on one number and plays for an eternity, they will walk out with the same amount they started with. Any other setup, and they will lose in the long run.
I recommend learning craps here. You can do so for free and learn the ins and outs and test every option.
Slot machines and Wheel of Fortune provide many things: flashing lights, buzzing noises, and the cheerful clatter of spinning dials. What they do not provide is any decent chance of winning. The absolute worst odds come from penny slots. For devoted slot machine users, the best odds come from the maximum bet on the most expensive slots, but winning is most likely not on the menu.
If it’s even possible, there is a way to gamble which promises to waste even more money than slot machines. The name of the game is keno. Instead of winning one and losing one, for every game a gambler wins, they will lose more than two. If anyone is getting rich playing this game, it’s the dealer.
There you have it, the best and worst odds for casino gambling. The short version of the story is, is if you play, play for fun.