Best Gambling Odds
by Jerry "Jet" Whittaker
Feb 22, 2007
Best gambling odds:
Defeating in gambling is not impossible but with the
odds stacked against is unlikely that one will win in
the long run. Some people gamble for the fun and
excitement that this unique form of entertainment
delivers. That is perfectly fine, as gambling can be a
very enjoyable hobby. This type of player does not mind
parting with a small portion of change because they can
reduce the experience in saying it was the price paid
for a little fun. This is perfectly fine if that person
is an occasional player or if they had not ever really
planned to devote the time to studying the games or
taking steps to ensure the actual win money during
sessions. The truth is that nobody likes to lose and
there is proven ways to dramatically reduce the chances
of losing like by not playing games with bad odds like
keno. Keno carries one of the utmost house advantages of
all games, weighing in at a large 25%. This is actually
as good as the odds get for keno with the odds varying
from casinos. Next time stop by the keno lounge simply
to observe.
Best odds and worst
odds:
Most each one, from the total beginner on up to the
professional, knows that casinos are in trade to make
money off of the players. The house edge in double zero
roulette is 5.6 percent. So, for every 100 credits
wagered, one can expect to lose 5.60. This may not seem
like a lot but several important factors must also be
considered. Blackjack at 25 credits a hand and the table
is averaging 60 hands played per hour. Multiply 25 times
60 hands and the person is playing through 1,500 credits
an hour. If someone play for four hours that means that
one plays through about 6,000 of which the casino
expects to grab 0.8 percent, if it is perfect basic
strategy. This amounts to a loss of only 48 credits,
which is not that bad.
Odds primes:
Before going deeper into
each gambling game,
it is important to know exactly what odds are. Odds
refer to mathematics in that they stand for a basic
possibility of a potential outcome and are usually
expressed in a decimal or fractional format. A
well-known example is the conventional coin toss before
a football game. By flipping a two-sided coin, one knows
that there are exactly two possible outcomes. The
probability of the coin landing heads up is one out of
two, expressed 1 to 2 as a ratio.
![](../images/copyscape-lg.gif)
Copyright ©
2000-2005
GamblingWiz.com All rights
reserved. |