The House Edge – A Guaranteed Win for the Casinos

Here’s why it’s important to know the house edge, which is the amount of money the casino expects to win from you over time when you play the games. The bigger the edge, the more they win. The smaller the casino advantage the longer your money may last. You are at risk for a quicker loss on any type of bet within a game that has a house edge of more than 2%.

Here is the house edge, AKA casino advantage, for some of the most popular gambling games in casinos today:

Roulette

There are 38 numbered positions that players can wager on in a number of ways. Betting a single number and winning will net you a payoff of 35 to 1. Therefore the casino makes a 2 unit profit for each win. 2/38 = 5.26% advantage for the house. Your expected loss over time is $5.26 for every $100 wagered. on a single number.

Craps

Type of bet Edge

Pass Line 1.4%

Place 6, 8 1.5%

Any Seven (one roll wager) 14.36%

Baccarat

Bet Bank. 1.06%

Bet Player 1.24%

Bet Tie 14.38%

Basic Blackjack

By far the best table game as long as the player uses correct basic strategy and the house offers favorable rules such as:

Blackjack pays 3 to 2

Dealer stands on soft seventeen

Double after splitting pairs

Double on any 2 cards

Re-split pairs

Surrender allowed

Look for these rules and you’ll enjoy a house edge of about 0.5%.

It’s worth noting that many casinos have switched to hitting soft 17. This increases the edge to 0.7% but it’s still a good game. Be aware of games that pay only 6 to 5 for a player blackjack instead of the customary 3 to 2. Simply put, a 3/2 game nets a player $15 for a $10 bet, whereas a 6/5 game only pays $12. That’s a -$3 loss for every blackjack! Not good. Unfortunately, the Vegas strip is converting to 6/5 games.

Blackjack Variants

Two low edge blackjack variants are:

Spanish 21. 0.7%

Blackjack Switch 0.6%

Carnival Games

Remember the infamous words of the carnival showman P.T. Barnum? ” There’s a sucker born every minute”. A number of games are dubbed carnival games because of a higher house edge than the traditional offerings of blackjack and baccarat. They are:

Texas Holdem Bonus 2.0%

Three Card Poker 2.3%

Ultimate Texas Holdem 2.5%

Four Card Poker 2.8%

Casino War 2.9%

Crazy 4 Poker 3.4%

Let it Ride 3.5%

Mississippi Stud Poker 4.9%

Caribbean Stud Poker 5.2%

Also, be mindful of the optional bonus or side bets at the tables. Most games have them, including those with a low edge.The winning payout amounts look very attractive and players can win even if the original wager is lost to the house. However the house edge jumps to double digits on most of these wagers.

Sports Gambling

When betting on sports games, the house takes a “vig”, slang for vigorish, when bettors make an even money wager. For example, a $10 bet on the Buffalo Bills, vs. the Miami Dolphins will cost $11. Player wins $10, the house keeps $1.

Slot Machines

It seems the everybody loves the penny slots these days. Multi-coin, multi-line with striking themes, graphics and bonus features. Players can wager as little as fifteen cents up to three or four dollars per spin. the edge on the pennies ranges between 10 & 15%! The hold on dollar and higher machines is much lower, ranging from 2 to 5%. If you’re going to bet max on the pennies, you’re better off playing the bucks.

If you like machines study up on video poker. Learn how to read the pay tables that are posted on each machine. There is a skill element to video poker. Choosing the right game can drop the house edge to less than 1%. Good Luck!

Online Casinos and Mobile Casino Games on Your Phone

Online casino participants, at the very least in regions in which online gambling is 100 % legal, learn that they might or might possibly not have opportunity to take part in their preferred online casinos games when they are at home. A lot of individuals have incredibly long commutes times to their places of work and utilize mobile phones to occupy in their free time to take part in their favored mobile casino games.

It is basically a well known fact that individuals are now employing other strategies to be on the internet to do several different activities and financial dealings. As technological innovation cultivates a whole lot more people decide to make use of the wireless web connection to play mobile casino games like mobile poker, blackjack, slots and roulette on their cellular devices. This is a more advantageous option for them rather than utilizing their home computers given that they can make use of them when they are outside the house in virtually any region.

So when these customers are not at the home or office, they could use some of their spare time and opt to engage in mobile casino games.

People want to do many actions on the internet mainly because of the efficiency aspect. Paying the bills, business banking and shopping are amidst a few of the favorite things folks enjoy doing on the net together with leisure time activities like watching movies, online gaming and going on social networking internet sites. At present, most of the activities just talked about can also be performed on a cell phone including mobile casino gambling.

As being on the web becomes a trouble-free and easier component of everyday life, much more online casino participants will also expect their alternatives to be increased along with the choice to play mobile casino games by using their mobile devices. Actually, a large amount of online casino game enthusiasts will hope for their online casinos to make available mobile casino gaming for the instances when they’re not in a position to be at their home PC.

Breakthroughs in the mobile enterprise, like the Apple iPhone, are forming a more substantial mobile casino target audience. Any online casinos that give both their standard online casinos and a smooth adaptation for their members, who would like to additionally perform online casino games on their mobile devices, are undoubtedly ahead of the game in regards to the online gambling for the future.

Casino Games With a Skill Element – A New Genre for Millennials While Playing

The reasons for the influx of skill games in casinos today can be summed up in three little words: Millennials, Millennials, Millennials! We all know what happened when casinos noticed in the early 1980’s that more people were playing slots than table games. While the now oldest of the millennials were having their diapers changed, their baby boomer parents were bypassing the blackjack tables to play the one arm bandits, which now account for over 80% of gaming revenue.

Those that were born in the early 1980’s to the late 1990’s are Millennials that grew up playing video games, and the casinos also took notice that this generation didn’t care to sit in front of a machine that did all the work for them in order to win. They want to be involved to make it happen. This led to the introduction of games of skill at the 2016 Global Gaming Expo in Las Vegas.

Two Companies, GameCo and Gamblit Gaming, introduced their wares at the expo and by all accounts, things look very promising for skill-based games. Other companies, Konami, Scientific Games, and Next Gaming are creating their own versions to attract the Gen Y’s.

Here’s a brief look at what could be coming soon to a casino near you:

GameCo Products

Danger Arena

Skill-based Video Game Gambling Machines (VGM), with patented game design, maintain the same return to player as traditional slot machines. Play as Baz or Thyme to conquer Danger Arena. Take out 6 or more Danger Bots and you’re in the money. Eliminate 10 bots for top payout!

Pharaoh’s Secret Temple

The adventure has begun and players must unlock the riches of the Pharaoh’s Secret Temple by matching gems to collect rare treasures before their time is up. Gamble playing this casual video game with awesome boosts, Power-Up Prizes, charms, and Egyptian-themed traps.

Nothin’ but Net – Basketball

Get ready to hit the courts with a new game. Players can choose from a male or female player and have 16 chances to win big. Your skills will be challenged as you test your range from down-low to downtown. Just don’t miss the money ball!

Gamblit Gaming Products

Cannonbeards Treasure

An adventure awaits in the deep blue as 2-4 players engage in a fast-paced game of cards, skill, and naval warfare! Build a hand by grabbing the cards you need and reach the objective first to win a chest of gold! Be careful not to bust lest your opponent’s take the booty! makes for an extremely social, interactive and satisfying experience that will keep players engaged as they lower the sails and take to the seas!

Gamblit Poker

Grab the best poker hand and win big! This game puts a fast paced, irresistibly fun, skill-based spin on the ubiquitous game of poker. This 2-4-person game makes for a highly social, head to head interactive table experience that can result in cash winnings up to 240x your bet! Each player starts with two cards which, as soon as the game begins, are followed by a single deck of cards shown in rapid succession in the middle of the table. Players have to quickly grab the cards they need in order to complete the best possible poker hand. The player with the best hand wins the pot!

Other games of skill that may soon occupy the gaming floors are Terminator 2, Mission Impossible, and Judgment Day

Keep in mind that these, like any other casino game, carry a House Edge.

Good Luck with skill!

High Five Poker: The Casino Table Game Where the Joker Is Wild

High Five Poker is a casino table game originally developed and marketed by SHFL entertainment. The objective is to have a better five card poker hand than the dealer. If you ever played Pai Gow Poker you’ll find some similarities in that it uses a 53-card deck, where the 53rd card is a Joker. This lone semi-wild card can be used to complete a Straight, Flush, Straight Flush, or Royal Flush; otherwise it can be used as an Ace.

High Five Poker tables are currently at The Brass Ass (real name) Casino in Cripple Creek, CO, which also offers a progressive version.

How High Five Poker is Played

The table has seats for up to six players. Players must first make an Ante wager. The dealer will then deal seven cards face down in a clockwise manner to each player, and seven to him or herself. Each player then examines his or her cards and makes one of the following decisions:

– Fold, forfeiting the Ante bet.

– Discard two cards while keeping the best five card poker hand and make a Play bet equal to the Ante wager.

The dealer then reveals the house cards to make the best five card poker hand. The dealer qualifies if he or she has at least a pair of sixes or against a player who has a straight.

For example, if the dealer has a pair of deuces and player number 1 has a straight, and player number 2 has a pair of three’s, the dealer qualifies against player 1 but not against player number 2. So, what happens to the payouts when the dealer does or does not qualify?

– If the dealer does not qualify, the Ante bet pays even money, and the Play bet pushes.

– If the dealer qualifies and beats the player, the player’s Ante and Play bets lose.

– If the dealer qualifies and is beaten by the player, the player’s Ante and Play bets pay even money.

– If the dealer qualifies and ties the player, the player’s Ante and Play bets push.

The dealer works counter-clockwise when determining the outcome of all of the remaining players’ wagers. The house edge is about 3.6%.

Trips Side Bet

The Trips side Bet pays for a player hand with Three of a Kind or better, regardless if the player wins or loses the hand, according to the following table:

Three of a Kind pays 1/1

Straight pays 2/1

Flush pays 4/1

Full House pays 7/1

Full House (Aces Full) 20/1

Four of a Kind pays 40/1

Straight Flush pays 50/1

Royal Flush pays 100/1

Five Aces (Four Aces w/Joker) 200/1

Pay tables may vary slightly between jurisdictions.

Strategy

The strategy for this game is quite basic in that the dealer does not qualify if he or she has less than a pair of sixes, then you should fold with less than a pair of sixes. Otherwise make a play bet.

The game is relatively simple to play.

Good Luck!