- How to calculate the odds?
- Best Odds in Online Casinos
- Keep Your Eyes Open
How to calculate the odds?
To make a fair and accurate list, I’ll use the criteria of house edge with every game. House edge is a built-in advantage that every casino uses for most of their games. It gives them the advantage of always coming out on top and making money. For example, slot and roulette games have the best house edge, usually around 5%. This means that for every €1 you wager you will get 95 cents back as winnings.
With that being said, not all casino games have a house edge. Table games like poker don’t use a house edge. Instead, the casino is the dealer. It takes in a certain percentage of your pot with each turn or over a certain period of playing time. I’ve taken into consideration both the games that include the house edge and the ones that don’t and made a definitive list of casino games that have bad wagering odds.
Keno is, without any doubt the worst bet you can make when wagering your money. I wouldn’t recommend this game if you like fast-paced gameplay and quick turns. Is a relatively slow game and you can only make one bet per game. The house edge usually goes around 25%, making it one of the highest in the business, lower only than the state lottery house edge.
There are a few differences between land-based casino Keno games and online Keno games, but they all have the same principle: you are required to choose between 9 and 15 numbers from a pool of 80 numbers and have to match all of them in order to win. This is extremely hard to do, and the chance of you matching all of your chosen numbers is more than 1 in a million. This game offers huge potential payouts, up to 250,000 credits, but I wouldn’t recommend playing this game. There is no strategy that can help you beat it, and you could spend your money much better in a different online casino game.
Craps has the reputation of being one of the most complicated casino games in general. It offers the players a wide range of different bets that can sometimes be confusing to even the most skilled gamblers. Here are the bets I advise you to sidestep when playing Craps:
- Any Seven – The principle of this game is easy to understand and is actually the most popular option to bet on for many players. This bet works like this. You place a bet on the number 7 and wager at odds of 4:1. If on the next roll the shooter throws a 7, you win. With two dice, seven is the most commonly rolled number in the game, so this bet looks good on paper. Even though this being the case, I’m going to tell you why this isn't a good option to bet on. When you calculate the number of possible outcomes, you will get that the number 7 will get rolled 1/6 of the time in average, which gives this game a house edge of 16.67%, making it a very poor betting option.
- 2 and 12 Bets – Another popular option among players, Snake eyes (two ones) and Boxcars (two sixes) are actually very ill-advised betting options. They have a house edge of around 14%, so you might want to leave this option to the more unwise Craps players and give it a pass.
- Hard 4 and Hard 10 Bets; 3 and 11 Bets – These bets have a house edge of exactly 11.11%, which means that for every €100 round you play, you will lose €11.11 just for wagering the game. This is another trap that inexperienced players fall for, and I suggest you put no interest in it.
Baccarat and Roulette
These two games aren't that bad when it comes to odds, but they have certain features and mechanics that you would want to avoid if you're going to save your money:
- Top Line Feature in American Roulette – American Roulette is still a headliner in many land-based casinos and is gaining more popularity in online casinos as well. It’s a fun and exciting game that can bring you a very generous profit. The one feature I advise you to avoid if you decide to play American Roulette is the Top Line feature. The Top Line feature offers you miserable RTP and pretty average if not below-average profits. You can have just as much fun and make more money if you place your bets on other options instead of this one.
- Tie Bet in Baccarat – Baccarat is generally a good game to play and is more of a high-roller fast-paced The thing you should try and ward off is the Tie Bet since it comes with a house edge of around 14%.
Have you ever entered an online casino, just to be blinded by the multi-million progressive slot jackpots? We all have. What is important is that you don’t get fooled by these tempting numbers, as progressive slots are one of the worst machines you can play. The house edge can go anywhere between 12 and 20 percent, making it a steep obstacle to overcome. In terms of gameplay pace/ wagering limits, you can actually lose the most money chasing the progressive slots jackpot, upwards €400 per hour.
Don’t confuse progressive slots with online video slots. Video slots actually are one of the best games to play when wagering your money, which leads me to my next point.
Best Odds in Online Casinos
These were the five types of games I wouldn’t recommend to anyone who’s trying to meet their wagering requirements and earn some money. Now its time to move on to the fun part and talk about the best online casino odds. Gambling can be a fascinating and thrilling experience, especially if you have knowledge and luck on your side. I’ll share with you the casino games that have the best house edge and will give you the best chance of coming out on top.
- Craps – Remember when I said that craps offer the players a wide variety of betting options? Well, that’s completely true. With more than 100 betting options, there are a few good picks you can bet on. The two best options to go for when betting are the Pass Lines on double and single odds, which give you a house edge of 0.6% and 0.8% respectively. These two options give you the best chances of winning, as the casino doesn't have an advantage over you.
- Blackjack – Playing with a house edge of just around 0.8%, Blackjack is offered great odds to win but requires a lot of strategy and concentration. Playing at maximum efficiency, you can expect to gain around 40%-45% of every game. Personally, I find Blackjack to be the most fun and also the most lucrative out of all of the games as mentioned earlier, and I wholeheartedly recommend you try it if you like online gambling.
- Video Slots – This game genre falls on middle ground when it comes to casino odds. I still decided to give it a pass, since the house edge on important video slot games is around 2%-5%. Video slots are a tricky beast because they work on a random number generator, which you can't control. With slots, the more money you decide to wager, the bigger your chances of winning will be, and you will get good payouts more often. This also means that, on a bad night, you might end up quickly losing your playing budget.
Keep Your Eyes Open
I’ve listed the best and worst casino odds you will encounter while gambling. However, know that betting with the best odds is still gambling and you still might end up losing money at the end of the night. My final advice would be to play responsibly and set a playing budget that you can afford to lose, so that, no matter how it goes, you still have a good time and don’t wind up in the minus.
When you decide to play at an online casino or visit your favourite land-based gambling house, keep in mind these betting odds and casino games. Try to avoid the unfavourable games, and find a game that has good playing odds and suits your playing style. Remember my tips, and I'm sure you’ll have a very entertaining and profitable experience that will last you for a long time.