Gambling is a thrilling experience and can win you a lot of money if luck is on your side. The best thing you can do to increase your chances of winning is to play smart. Picking casino games with the smallest house edge and applying the correct strategy can give you a much better chance of winning, though the odds will always be against you.
Knowing which casino games offer the best odds involves determining which bets have the highest likelihood of a winning result and weighing that likelihood against the payout ratio; fortunately, we have done this for you. Below is a list of the best casino game odds. Whether you play in a live casino or at online gambling sites you stand the best chance of winning at these games.
House Edge: 0.6%
Craps offers over 100 different bets and can offer the best casino odds if the proper bets are placed. Interestingly, Nevada state casinos reportedly make $16 for every $100 bet on craps even though the house edge is so low. This is because so many people make their wagers on the fly without consideration for the probability of each outcome.
Skilled craps players are well aware of which bets carry the best odds. For example, when two dice are rolled in craps there is a 6 in 36 chance of the roll being a seven. Even though this is the statistically most likely number to be rolled, the payout of betting on a seven is 5:1, making the house edge a terrible 16.67%.
The best bets to place in craps are as follows:
Pass Line (double odds): 0.6% house edge
Pass Line (single odds): 0.8% house edge
Pass Line: 1.4% house edge
Come Bet: 1.4% house edge
Place 6 or 8: 1.52% house edge
Pass line point bets (with odds) are the best bets in craps with absolutely no casino advantage. These bets can be placed in addition to your pass line or come bets. In the examples above, "single odds" means you place an additional point bet wager equal to your original bet. Double odds means the wager is two times your original bet.
House Edge: 0.8%
Minimizing the house edge in blackjack requires strict adherence to the basic strategy. We offer an easy-to-use blackjack strategy table that you can access for free; simply follow the link and scroll down about half way. This table will show you how to handle every possible situation to maximize your odds of winning. If you do not deviate from the strategy, you can expect the following outcomes:
Player wins hand: 44%
Dealer wins hand: 48%
Push (tie): 8%
Player or Dealer Blackjack: 5%
Making the right decision to "hit" and "stand" in blackjack depends on both your hand and the dealer's face card. The best strategy is a function of your chances of a "bust," or going over 21, combined with the most likely outcome of the dealer's hand. You should always stand with 17 or higher and hit with 11 or lower. The chance of a player going over 21 with a 12-16 is listed below.
Bust on 16: 61%
Bust on 15: 59%
Bust on 14: 56%
Bust on 13: 52%
Bust on 12: 48%
These percentages are definite at online gambling sites but can vary in live casinos based on the number of decks being used and which cards have already been played.
House Edge: 1.17% (Banker)
House Edge: 1.36% (Player)
In Baccarat, the gambler either bets on the "Player," "Banker," or "Tie." Tie Bets carry a 14.4% casino advantage; do not bet on a tie. The best bet is to wager on the Player and will give you the third best odds of winning of any casino game. Interestingly, there is a 50.68% chance of the Banker having the best hand, but casinos collect a 5% commission on all Banker bets which makes this a slightly less favorable option.
The three games listed above offer the best casino game odds available. However, betting on any of these games is still gambling and there is a built-in advantage for the casino. Please remember to gamble responsibly and view gambling for what it is: a gamble.