Just as it is important to know about the casino games that give you the best house odds, it is equally important to know and understand which games, as well as different bets, that are the worst when it comes to house odds. House odds, or house edge is the average profit from each bet. Casino games that have house odds of 5% or higher tend to be very hard for players to beat, however, this also sometimes means you have the biggest chance to hit huge (but unlikely) jackpots. There are always players that have won the big jackpot prize or were able to make it big on the penny slots, but those are rare occurrences that are taken into account by the casinos, including online casinos, when offering these games.
What is the house advantage?
First, it should be clear that the house odds or advantage do not refer to the probability of winning a single bet. It refers to the relationship or ratio between the probability and the actual payout. To visualize this, let's look at roulette first. For example, the house has an edge because it pays out 35 to 1 on inside bets (betting on single numbers), but the odds of hitting an inside bet in European Roulette are 1 and 37. So the payout does not match the actual probability. If they actually paid 37 to 1, there would be no house edge or advantage, because every 37 times you should hit a number and get all your money back for the times you did not. This assumes that you run enough trials, in other words, if you play enough times. Lucky day legit. The more times you play, the more this will hold true.
However, since they only pay 35 to 1, over time, you will only recoup a portion of your total losses, giving the house the advantage.
Your worst odds? The casinos, understandably, did not want to talk about games with poor odds. So we turned to Forbes Magazine, which in a report about Best Bets at the Casino. Below is an overview of the primary casino games and a detail of those that have the worst odds. The advantage that the house maintains in its games is most frequently referred to simply as the.
Casino games and bets that have the worst odds:
• American Roulette
• Blackjack Insurance
• Live Keno
• Caribbean Stud Side Bet
• Craps Proposition Wagers
• Wagers based on hunches
These games, as well as certain wagers offer you some of the worst odds among casino games. Allow me to explain why.
American Roulette
Many don't realize how slight variations in games can have a huge impact on the overall odds. A great example of this is with roulette, where a slight variation in the game creates a huge increase in the casinos favor. While American roulette are not the worst odds at a casino, they are worth mentioning given that there are other roulette varieties that offer much better odds. In short, if they are available, you should play them instead of the American variation.
With American roulette the entire house odds are double those of European roulette, and it is all due to the fact that they include an extra slot, the Double Zero (00) slot, or number.
The house odds for the different roulette games are as follows:
• French Roulette: 1.35%
• European Roulette: 2.70%
• American Roulette: 5.4%
The house odds for American roulette are double that of European, putting it over the 5% bench mark. As we said before, anything above 5% for house odds is not very good for any player, so if you get the chance to play either French or European, there is no reason to play American roulette unless you just like to throw money away.
So why are the odds different? American roulette has 38 numbers (1-36, 0 and 00) where the ball can land, but the payout is only 35 to 1, this is where the casino finds its advantage. Whereas, European and French Roulette both only have 37 total numbers, however, the payout is still the same of 35 to 1. The difference between French and European odds is for the surrender feature, where if you bet on a number and the green 0 hits, you can take back half your bet.
Keno
Keno is a variation of the lottery where you would simply pick different numbers in a specific order in order to win. If you know anything about lotteries, it is that the odds of winning are incredibly low. With Live Keno, the house odds are at 25%, which is a very large amount. Any game that relies purely on luck, with little or no skill, should be avoided when playing at a casino for the most part – however, they still are quite entertaining and do bring upon a huge opportunity to win big online.
It should be noted there are very few casino games that offer such large jackpots for a relatively low bet, but again, the odds are very bad. Slots are the only game that come close.
Blackjack Insurance Wager
Casino Game Odds List
Blackjack itself is a fun and exciting table card game, where you need to reach 21 or close to it in order to beat the dealer (adding the card values). There are many different wagering options, such as Hit, Stand, Double, and Split. However, there is one option that is considered to be the Chutia Wager or sucker bet, and that is the Insurance bet. It is one of the most well known sucker bets offered at casinos.
The insurance wager takes effect when the dealer is showing an Ace, which gives them a possible blackjack if their second card is a ten or value of a ten (like the J, Q, and/or K). Insurance is basically a bet on the chances that the dealer will have a blackjack. You would wager half of your initial wager, and that would give you 1 to 1 odds.
Here is how it works:
• If you 'win' the insurance bet, meaning the dealer does have blackjack, you will lose your initial bet, but break even with your additional bet. You are essentially no better off, but you risk another 50% to be in this position.
• If you place an insurance wager and the dealer does not have blackjack, you lose that wager, along with further chances of losing the rest of your wager during that hand.
Most reputable online casino. You can either come out even or you could end up losing anywhere from 50% to 150% of your initial wager. There is no way that you would end up winning any money with this wager. The house odds for the insurance wager are 8%, and you really are not insuring anything other than the chance to lose more money; a suckers bet at best. Unless you want to give the casino easy money, never take this bet.
Caribbean Stud Side Bet
The side bet for the Caribbean Stud card game is a horrible waste of money and Rupees. The side wager is supposed to create a jackpot where you could end up winning a large amount of money, but in this case, the jackpot never reaches a high enough amount to ever be worth placing the wager.
Worst Odds At A Casino
The reason that many players get frustrated with this side bet is thanks to the fact that the house odds for this wager are at 26%. They don't realize what a disadvantage they are to the casino.
Craps Proposition Wager
Proposition wagers when playing craps are the worst choice you can make. From the many different proposition wagers available, they can get up to 16.7% house odds. The proposition bets that many players like to place thanks to the chance at the high pay-outs, along with the house odds, are:
Odds Of Winning At Casino
• One Roll Bets:
– Any Seven: 16.7%
– Any Craps: 11.1%
– Craps 2: 13.9%
– Craps 3: 13.9%
-Craps 12: 11.1%
• Wager on Craps 11: 11.1%
• Hard Ways:
– Hard 4: 11.1%
– Hard 6: 9.1%
– Hard 8: 9.1%
– Hard 10: 11.1%
As you can notice, the lowest the house odds get to is 9.1% and the highest 16.7%, making these wagers highly unlikely to occur, but the odds don't adequately match the payout, giving the house a big advantage over you and other players.
Wagers Based on Kubara
Kubara, or hunches, are the worst way to play any casino game. This usually refers to casino games that rely on a certain percentage of skill in order to win, like Blackjack. If you simply use hunches to place your wagers when playing Blackjack, or other skill games, you will certainly find yourself losing a great deal of the time.
The house odds for this kind of punting are not exact, but from experience they can go from 20% and higher. This makes playing off of kubara very dangerous and risky. Playing for the feel and trying to use intuition can be exciting and entertaining, but the truth of the matter is there is no way to predict the future of these games of chance. Learning proper strategy for each game is the best way to mathematically give you the best odds of winning.
