We’re in it to win it. That’s why we gamble. Of course, the experience itself is quite thrilling and even educational, but the objective is to make some extra money. Casinos offer a variety of games for players to choose from.
The odds of these games vary from casino to casino, and a lot of them have guides that point players to the games with the best odds and potential winnings. But let’s be realistic, gambling is a business and the house will try to suck them dry. For this reason, they’re less likely to put up a BEWARE sign in front of the games with the worst odds.
Not all popular casino games online have great odds. There are some with the worst odds too. So why do people keep going back to them? Well, for starters, they’re pretty darn easy to understand and require no skills or strategy to play. Also, they have good short-term prospects with small but almost certain payouts.
Players who are more about the profit than the gambling experience, shouldn’t waste time on the following games.
Keno is a simple casino game that is really similar to the lottery. You’re given a card and you have to choose between 9 and 15 numbers from the 80 available numbers. The house then draws 20 balls, each featuring a unique number. The goal is to get as many matches as you can. The more matches you have, the higher the payout.
Keno has an average house edge of 30%, which is better than the lottery’s 50%. Despite these odds, players still love the game because there’s a chance (no matter how small) of winning a huge payout after making a lot of small and safe bets. For the experienced and profit-focused gamblers, this can get really frustrating.
We all love slot machines. There’s just something about the flashing lights, cool themes, and that beautiful money making sound that we hear once the lever is pulled. They really have a way of hypnotizing you and making you spend all your money in hopes of getting it all back (and possibly more) with just one huge win. Well, snap out of it!
Some slot machines have a 1-3% house edge, and that seems pretty great. But in reality, this low house advantage doesn’t guarantee more frequent payouts. One would likely lose a lot of money before winning. And even if one does win early, the chances are that the payout won’t amount to much. There’s usually a huge difference between the lowest and highest payout.
The odds of your success in this game depends on the type of bet you choose – Pass Line or Don’t Pass Line. The pass line has a 1.41% house edge while the don’t pass line has a 1.36% house edge.
There are also prop bets which include both single-roll and multi-roll wagers. However, they have a terrible house edge of 16.67% and short-term odds. Although they offer relatively good betting odds, these odds don’t always lineup with the house edge. At the end of the day, you might lose your bankroll or walk away with very little profit.
4. Roulette (Inside Bets)
All Roulette wagers fall into two categories: inside bets and outside bets. Outside bets have higher odds of winning because they have only two possible outcomes. They give you a 48.65% chance of winning.
Inside bets on the other hand, are single number bets which have 36:1 true odds which translates to 2.70% chance of winning. It’s not exactly promising.
5. Scratch Cards
This is another popular lottery casino game that promises a life-changing sum of money if you match enough icons on the card. They have a house edge of around 4-7%, but also really low short-term odds. One would most likely continue playing and losing for a long, long time.