Which Casino Games Have the Best Odds?
Casino games are alluring, exciting and fun for players. There is a vast variety of games available online but it also has unpredictable payouts due to the involvement of mathematical strategy of numbers and probability. Understanding the house edge percentage of each casino game plays an important role in selecting the most suitable online game which has the optimum payout for players and the best odds of winning.
What Is House Edge and How Does It Affect the Payouts of Casino Games?
The phrase “House always wins” was coined in reference to the overall mathematical advantage that the casino has on all wagers. Simply high house edge games have lesser average payouts in comparison to games with a lower house edge. One of the most effective strategies to maximise profitability is to select casino games with a low house edge and use simple gaming strategies. A few casino games are listed that have a low house edge.
Video poker games generally have a table listing of payouts for each game that can aid the player in calculating the optimum payouts for each game. There are several mobile applications available for such calculations as it can be difficult for the player to calculate individual game. Generally Video Poker has a house edge between 3% to 1% that can be reduced further to 0.5% with perfect strategy. The maximum payout odds of video poker depending on the game selected is 800 to 1.
The simple strategy is to select a Blackjack game with less number of decks such as European Blackjack which has only 2 decks because more decks increase the probability and the house edge. Generally, Blackjack has a house edge of 2% that can be reduced further to 0.5% with a smart play of hands. The maximum payout odds depending on the game selected is 1.5 to 1.
Punto Banco Baccarat
The probability in Baccarat for a player to win is 50-50 where there are three types of wagers: Banker, Player or a Tie. It is recommended to make Banker or player bets because the tie bet has a significantly high house edge. Generally, Baccarat has a house edge of 1.06%- 1.24% that can be reduced further to 0.8% with keeping scores and placing small bets. The maximum payout odds is 1 to 1.
Craps is a table dice game where players place a wager against or on a ‘shooter’. There are several specific bets available but usually, they have a higher house edge. So it is recommended for players to place the basic bet of no pass or pass because the house bet is almost 1% to 0% depending on the table rules. Depending on the odds, bet multiplier limits players can get amazing payouts. The maximum payout odds is 2 to 1.
Roulette is a simple casino game with good odds on wagers if made on even/old and black/red bets. It is recommended to play French or European Roulette as it has only 2.70% house edge whereas the American Roulette has a house edge of 5.26%. The maximum payout odds of Roulette is 35 to 1 depending on the type of Roulette.
Slot machines work by using Random Number Generators (RNGS), therefore, there are no specific strategies to ensure a win. Generally, slots games with higher deposits have a higher payout, especially if played for a longer period of time but the payout odds are millions to 1. Whereas the low deposit slot machine has small but frequent payouts.
Summary of Casino Games With Best OddsBig Six Wheels/Keno
Big six wheels and Keno both games have a very low payout rate as the house edge is way greater due to the probability for players to win is fairly low. The maximum payout rate for both games is thousands to 1.Summary of Casino Games With Best Odds
Scratch off Jackpot
Scratch off jackpots even though exciting requires patience, smart strategy and a lot of financial investment as it is purely on chance where the casino has a huge house edge. The payout rate is millions to 1.
Summary of Casino Games With Best Odds
Selection of low house edge casino games is the key to attain the best payout odds. Experienced and skilled players can play Blackjack and Video Poker whereas beginners should play Craps, Baccarat, and Roulette. Slot machines, Keno, Big six and Scratch-off Jackpots have the minimum payouts for players.
SummaryName: Which Casino Games Have the Best Odds?
Author: Cosmic Casino
Published Date: 12/06/2019