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!

How to Win Roulette Playing Inside Numbers and Using a Staking Plan

Roulette is one of those games that can sometimes be very hard to win at.

I have found that playing inside numbers and using a staking plan gives you a huge advantage over someone having absolutely no strategy and no money management at all. Sure they might walk in with no strategy and win but that is purely luck. Over the long term they will put that money straight back into the casino and walk out with less than what they walked in with.

Roulette is my favourite game to play at the casino as the odds are also very rewarding if you follow a strategy and fully understand the game of Roulette.

You can’t have a strategy without a staking plan when it comes to Roulette and the same goes for having a staking plan and absolutely no strategy. You simply need to have both to give you that winning advantage.

I have seen so many people try and beat the house at Roulette by using Martingale systems like the Double up on a colour one, you have probably seen it before as well if you play at the casino on a regular basis. These people will keep doubling up until the colour they need to win comes in. The problem with using this approach is that tables in the casinos all have table limits and when you hit that table limit using one of these chase systems and haven’t recovered your losses you are stuck.

That is why chase systems such as the Martingale do not work on even money chances like your red/black and odds and evens. It can’t work because the statistics show that you can have 20 or sometimes even more runs where a colour will simply sleep. Using a chase system on a lot of tables will cause you do have to bail out on the 7th or 8th spin in general.

Win Big by Beating Roulette

Several players attempt to beat roulette through various roulette systems, which are available in plenty. These systems provide different ways on beating roulette and gain maximum profits. The fact remains that most of these systems lead to failure.

After purchasing the system on beating roulette to win big, people to win are those, who sold these systems and who won lot of money in the casinos from this game other than you. It is possible to beat roulette, but the only thing you need to know is how to do it. There are several theories on winning in roulette game, but the fact remains very few or none of them works.

Mathematical systems do not help in beating the game of roulette, because each spin on the wheel of roulette is completely randomised. Every spin on the roulette wheel is totally independent and unrelated to previous spins. The basic reason being the roulette ball does not have a memory.

You may create your own system for beating roulette. Some easy tips to do this are:

1. Always play in a European roulette game. It has 37 numbers including a single zero in comparison to the American wheel, which consists of 00 that takes the total to 38.

2. Next, avoid bets on bad odds: Do not bet on single numbers, as these numbers provide less payout.

3. Place the bets: You need to choose the bet that is closer to payouts. This increases your chances to beat roulette.

So, play carefully and make your fortune shine by winning in online roulette game.

How to Win Roulette – 5 Tips to Increase Your Winnings

These 5 tips I believe are the most important tips to remember when you are playing Roulette.

Roulette can be a very exciting and easy game to pick up even if you are just a beginner. You must however, understand that like all casino games there is a house edge. You can however with these tips get the odds more in your favour than the average Roulette player.

1. Only ever play European Roulette. Usually you will have a choice of playing either American or European Roulette. The problem with American Roulette is that there is two zeros on the wheel instead of the European wheel which only has 1 zero. Playing American Roulette increases the house edge dramatically compared to the European wheel where the house edge is only 2.63%.

2. Understand the Payouts. Before you start betting on Roulette, understand what the odds are. For example inside bets, those are bets where you are picking numbers the odds are much higher but you also can have less of a chance of winning, unless you have a strategy to overcome this. Picking Red/Black for instance is even money but you have a better chance of winning on each spin of the Roulette wheel.

3. Have a Roulette Strategy. You must always have some kind of strategy to ensure that you have the best possible choice of winning. Without a strategy there is no discipline and without discipline you can’t win long term. I find it much better using a strategy to make decisions for me. If you keep chopping and changing between strategies you will generally miss winning runs in between. Follow your strategy through for the best results.

4. Have a Roulette Staking Plan. This is another important plan and should always be part of your Roulette Strategy. Given that the house edge on European Roulette is 2.63% means that on level stakes betting it is not possible to win Roulette long term. This is where a Roulette Staking plan comes in, basically this staking plan will increase your chances of winning because it increases your bets after a loss. There are a lot of Roulette Staking Plans around but an important thing to remember is that if you have one like the Traditional Martingale system you will not win long term. You want a plan where you don’t have to double your original bet each spin as you will end up hitting the table limit and wiping out your bankroll long term with a method like this.

5. Don’t let Emotions take over. I have seen it happen a lot in the past where a player will start losing and try and change their strategy. Just follow the strategy and try and have fun with it. As long as you have a good Roulette system and staking plan in place you have a much better chance of overcoming the losing streaks and winning again. When you let emotions take over you usually end up increasing bets, chasing losses, forgetting about your system and then the worst usually happens. You lose your entire bankroll.

For more information, tips, strategies and staking plans visit Roulette Strategies

How to Win at Online Casino Roulette – The Flaw of the Random Number Generator

The game of Roulette is very popular in casinos worldwide and as a popular game has one of the lowest winning percentages for the player. However it is possible to win at Roulette with proper strategy. In fact, with the advent of online gambling casinos that feature the game of Roulette it is now even possible to WIN money from them. In this article I will describe the ultimate strategy for beating online Roulette games.

To understand how the player has more advantage in an online Roulette game than a Roulette game at a real casino one must understand random number generators. Since there is no actual, physical roulette wheel picking the numbers for an online casinos, these online casinos must create an artificial randomness only possible through a random number generator.

For most argument’s sake, random number generators do just what their name implies – they pick seemingly “random” numbers. However, the computer program has very real limitations in that it is not completely random. The computer program, in attempting to be truly random can become predictable. For example, at a real Roulette table at a physical casino, the chance of hitting a RED number is equally as likely as hitting a BLACK number even if the last 20 rolls have been RED numbers. There is no memory in real life randomness, however…

With online casinos and random number generators there is a memory and so in the example above, after 20 RED numbers having hit, there actually would be a greater probability or liklihood of hitting a BLACK number, unlike in a real casino. This is a serious flaw, and in truth casinos don’t want people to know this although there is nothing illegal about exploiting this flaw.

Using this flaw and some simple strategy it is possible to quickly and consistently win money from online casinos playing Roulette. There are many different strategies, but the ones I would recommend are playing the colors, playing odd/even or playing 1st, 2nd or 3rd set of 12 numbers.

Let’s say you decide to play 1st, 2nd or 3rd set of 12 numbers. Watch the record board (this is the board that shows the history of what numbers were hit as well as the color). You want to pick a set of 12 numbers (1st, 2nd or 3rd set) that have not been hit in the last 7 or 8 rolls. Obviously the longer the set has gone without a hit the better because the liklihood of it being hit increases, but this will depend on your patience and bankroll. With smaller bankrolls, you will have to be more patient at first and go for a sure thing, maybe waiting for 8-10 rolls without a hit on a set to pick that set.

This strategy is the best way I’ve found to beat the Roulette table (online anyways) and I believe can be used to win players money consistently so long as they have patience and don’t play a set too soon. Note, it’s also possible to play the colors or odd/even and you would use the same strategy. The only difference is the payout is 2-1 instead of 3-1 that comes with the sets.

One final note, be careful when choosing online casinos as many are fraudulent and run from countries where they are not regulated. Go to ReviewOnlineCasino.blogspot.com [http://reviewonlinecasino.blogspot.com] to check out which sites I’ve been using. They are a good starting point because they give you free money to start out with.

I wish you the best of luck and always remember gambling is a game and should always be fun : )

Roulette Strategies Tip To Play Safe And Win the Game on Casinos

Roulette has been attracting millions of casino players for over 300 years already and is considered to be the most popular table game in both land-based casinos and online. More and more players have come to realize that they can increase their chances of winning if they follow certain roulette strategies. Some of the best are as follows:

The Martingale Roulette Strategy. This unique strategy has been used since the 18th century by thousands of players who managed to beat the roulette wheel. With this strategy, a player has to double his bet amount after every loss until he has a win that will recover all his previous losses plus a profit that equals with the initial bet.

Be smart. In order to make sure your chances of winning are over 50% you need to know where to place the chips. The best strategy is to place two chips on the column from 1 to 34, one chip on red and another two on the column from 2 to 35. By doing so, you will cover 23 out of 35 numbers, while the other chip placed on red covers another 8 numbers found in the third column. With this strategy, you are more likely to win in the long run.

Bet on a few numbers from the low side. Another great roulette strategy is to pick a few numbers from the low number side (from 1 to 18) and then stake the exact same amount on high. If you are lucky and the ball hits the high numbers area you are a winner. Moreover, if it hits one of the low numbers, you have a chance of winning. This strategy improves the value of your bets.

Cash out every time you win; this is probably the most important strategy allowing you to play it safe. After you double the initial investment, make sure you withdraw 50% of the money (which is the exact initial investment) and start beating again. This has been proven to be one of the best ways to stay on top of the game.

There are also many types of software available for online roulette games which may increase your chances of winning. These types of software systems are automated and allows for multiple betting sessions while recording the history of your entire gaming session. Many software programs also allow the players to develop their own roulette strategy to beat the wheel.

How to Win Roulette in Casino – Do’s and Don’ts to Guide You in Playing the Game

If you love to play roulette but you are tired of not landing on the winning number, you might want to learn a few tips to help you increase your chances of winning. Of course, you have to understand first that these suggestions do not ensure that you win in any roulette game that you play but only increase your odds of winning. Roulette is a game of chance and mostly depends on your luck as well.

If you want to learn a few tips on how to win roulette in casino, here are some that you might find helpful.

1. Make sure that you are in a roulette table that do not have a biased roulette wheel. You can detect these as the outcome are often repeating.

2. Set your budget on every roulette game that you have to engage in. Keep in mind that roulette is a game of chance and winning depends on your luck, thus it means that losing is part of the game, and for sure, you don’t want to lose everything you have in such a risky venture. To help you with this, set a limit on the amount that you are willing to risk in your roulette game.

3. Start playing with outside roulette bets. These are those bets outside of the 37 numbers. These include the choice whether the winning number falls on a red or black slot, or whether the winning number is an even and odd. You can also bet on whether the outcome will fall under 19 or from 19 to 36. Aside from that, you can also choose from rows and columns where the outcome will fall. As there are lesser choices, there is however higher chances of winning, compared to the 38 choices that you have when betting on inside roulette bets.

4. If you have been playing roulette but you have been losing as well, do not play just to regain what you have lost. Chasing your losses can be disastrous to your bankroll, thus if you have been losing for a while, try to help yourself by learning how to stop. Indeed, you can stop playing if you think you have enough money to lose. Play in another time if you want to have more fun.

5. Keep your cool. In a risky venture such as playing roulette game or any other gambling game, it is important to have self-control especially in controlling your anger. It is normal to lose in roulette but you have to make sure you can keep your cool. This will help you think straight and clear on what you need to do next in your roulette betting.

Learning how to win roulette in casino may not give you an instant solution to win in any roulette game but of course, this can help a lot in helping you increase your odds of winning. In gambling, you have to strive to minimize your losses and maximize your winnings to be able to successfully make money from it.