So, What’s My Best Bet?
Choosing a Game with Good Odds
There are plenty of good reasons to choose a Casino game. It might be down to the entertainment value, to try out something new, or even because you feel lucky. One of the best reasons for choosing a particular game is that you have a decent chance of winning. Selecting a game with good odds and a small House Edge on certain bets can limit your losses so that you walk away with a wallet full of winnings and a smile on your face. By knowing which games offer a lower house edge or how you can use skill and strategy to reduce the house advantage, you can maximise your winning chances. Some bets also have a lower house edge than others, so it’s important that you know what bet is best so that you stand a greater chance of winning. Some games such as slots have an outcome that relies purely on chance, but table games and video poker both offer players the chance to place wagers that have great odds.
The following hands may require you to learn a complex strategy in order to achieve the lowest possible House Edge:
Countdown of the Top 5 Online Casino Bets
The Player Bet at Baccarat
The House Edge on this bet is 1.24%. Baccarat is fun and easy to learn, so this is an excellent bet for a beginner. The probability that the Player’s hand will win in Baccarat is incredibly high, so wagering this way is never a bad option.
The Banker Bet at Baccarat
The House Edge at this bet is 1.06%. Very similar to the above bet, but bettors back the Banker, not the Player, which gives slightly better odds. In Baccarat there are only 3 outcomes to bet on, the Player, the Banker and the game being a tie. Although a tie bet may sound like the most likely result, it has a house edge of 14.36%, and it’s advised that players rather steer clear!
Video Poker Full Pay Jacks or Better Strategy
When playing Jacks or Better its always suggested that you bet the maximum amount of 5 coins per hand. Full pay betting offers a return of 99.54% of a bet; assuming optimal strategy has been applied.
Blackjack Basic Strategy
Perfectly executing the Basic Strategy in Blackjack will leave you with a House Edge of merely 0.28%. As a game that requires skill and strategy, you don’t have to leave the outcome of a hand of Blackjack to chance.
Pass, Don’t Pass, Come, Don’t Come with Odds at Craps
The Pass, Don’t Pass, Come, Don’t Come bets have about a 1.4% House Edge each. However, adding Odds to the initial bet can significantly reduce the advantage as this portion of the bet is paid at true odds. By adding single odds the House Edge falls to 0.83%, Double odds drops it to 0.61%, whilst 5 times odds reduces the House Edge to less than 0.04%.