Mathematics and odds are inherent part of casino and gambling games. Every player, whether beginner or expert, knows there are strategic ways to play certain games, and accordingly place bet in the game. Modern casino games involve odds and probabilities. Players must learn which games offer the best odds. Knowing about online casino, not only gives you an edge, but it will also help you decrease the 'house edge'.
Casino odds are just like the favorable chances in a game of probability. The best example to make the concept of odds understand is tossing a coin. Like in the toss of a coin, the chances of coming out a head or a tail are fifty-fifty; in different casino games, you have different odds.
The odds are inherently related to 'house edge', which are the advantages for the casino. Without the house edge, it will become impossible for the casinos to run and survive, and offer you the various amenities and luxury.
Let us consider various popular casino games according to the odds they offer.
Baccarat Game Odds
Baccarat offers relatively good odds. This game is simple as there are only three different wagering options. For the first timers, the game may seem to be sophisticated. The player has to make only one decision, whether to put the bet on the 'Player', 'Banker', or 'Tie'. The house edge for Baccarat is also relatively low with 1.36%, 1.17%, and 14.4% for Player, Banker, or Tie respectively.
Blackjack Game Odds
Blackjack is the only casino game that is beatable. If the right skills are acquired, the player can turn the game in to his/her favor. This makes it unaffected by house edge and in due course of time, the player gains experience over the game and increases the chances of winning. However, good betting strategy and the knowing how rules affect the odds enhance the chance to win.
Craps Game Odds
In Craps, you can find more than different bets. The important things to take care of in craps are how accurately you can predict the next thrown number, the way that combination will be created, etc. You must also be predict accurately what numbers will not come up next.
Roulette Game Odds
In Roulette, the luck of the players determines the winners. This game produces a chance to win up to 35 times of your bet. It is easy to calculate the odds in the game. For the European version, the wheel is divided in to 37 lots and for the American version, it is 38. The zero spaces yield the house edge. Where there is no zero space, it becomes an even money game. The actual odds for house advantage in single zero roulette is 2.7% and that for double zero game is 5.26%.
For different games, the casino games odds are different. Have look at the various house edges associated with different casino games that truly affect the casino odds.
Game House Edge
Craps (double odds) 0.60%
Baccarat (banker) 1.17%
Baccarat (player) 1.63%
Pai Gow Poker 2.50%
Roulette (single zero) 2.70%
Three-Card Poker 3.40%
Let It Ride 3.50%
Sports Betting 4.50%
Caribbean Stud Poker 5.26%
Roulette (double zero) 5.26%
Big 6 Wheel 11.1% to 24%