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.

Copyright © 2000-2005 GamblingWiz.com All rights reserved.