Understanding Casino Game Odds

Baccarat: A Game of Low Risk

Baccarat, often compared to Blackjack, offers a relatively low house edge. For every $100 you bet, you can expect to recover approximately $98, resulting in a negative expectancy of 1.2%. While this may seem unfavorable, it is relatively better compared to many other casino games.

Blackjack: The Game of Skill

Blackjack, particularly single-deck Blackjack, offers a wide range of expectancies. For everyhttps://www.cmhmountaineering.com/
$100 you bet, you can expect a return between $94 and $101.50. This translates to an expectancy ranging from -6% to +1.5%. The possibility of a positive return makes Blackjack one of the more favorable games in the casino.
Caribbean Stud Poker: A Riskier Bet

Caribbean Stud Poker is less favorable compared to Blackjack. For every $100 bet, you can expect to get back between $95 and $97.40, resulting in a negative expectancy of -5.2% to -2.6%. However, it’s worth noting that poker is rarely played “fairly,” making these odds less reliable.
Craps: A Mixed Bag

Craps offers a mixed range of expectancies. For every $100 bet, you can expect to win between $87 and $99.40. While not the best, it is still better than many other games.
Keno: The Worst Bet

Keno is one of the worst bets you can make in a casino. On average, you lose $27 for every $100 bet, resulting in a negative return of -27%. This high house edge is why Keno is often avoided by seasoned gamblers.

Lottery: The Dumb Tax

The lottery is often referred to as a “dumb tax” because it tends to return only 50% of the money you gamble. Without a system, playing the lottery is generally considered a poor financial decision.