The House Edge – A Guaranteed Win for the Casinos

Here’s why it’s important to know the house edge, which is the amount of money the casino expects to win from you over time when you play the games. The bigger the edge, the more they win. The smaller the casino advantage the longer your money may last. You are at risk for a quicker loss on any type of bet within a game that has a house edge of more than 2%.

Here is the house edge, AKA casino advantage, for some of the most popular gambling games in casinos today:

Roulette

There are 38 numbered positions that players can wager on in a number of ways. Betting a single number and winning will net you a payoff of 35 to 1. Therefore the casino makes a 2 unit profit for each win. 2/38 = 5.26% advantage for the house. Your expected loss over time is $5.26 for every $100 wagered. on a single number.

Craps

Type of bet Edge

Pass Line 1.4%

Place 6, 8 1.5%

Any Seven (one roll wager) 14.36%

Baccarat

Bet Bank. 1.06%

Bet Player 1.24%

Bet Tie 14.38%

Basic Blackjack

By far the best table game as long as the player uses correct basic strategy and the house offers favorable rules such as:

Blackjack pays 3 to 2

Dealer stands on soft seventeen

Double after splitting pairs

Double on any 2 cards

Re-split pairs

Surrender allowed

Look for these rules and you’ll enjoy a house edge of about 0.5%.

It’s worth noting that many casinos have switched to hitting soft 17. This increases the edge to 0.7% but it’s still a good game. Be aware of games that pay only 6 to 5 for a player blackjack instead of the customary 3 to 2. Simply put, a 3/2 game nets a player $15 for a $10 bet, whereas a 6/5 game only pays $12. That’s a -$3 loss for every blackjack! Not good. Unfortunately, the Vegas strip is converting to 6/5 games.

Blackjack Variants

Two low edge blackjack variants are:

Spanish 21. 0.7%

Blackjack Switch 0.6%

Carnival Games

Remember the infamous words of the carnival showman P.T. Barnum? ” There’s a sucker born every minute”. A number of games are dubbed carnival games because of a higher house edge than the traditional offerings of blackjack and baccarat. They are:

Texas Holdem Bonus 2.0%

Three Card Poker 2.3%

Ultimate Texas Holdem 2.5%

Four Card Poker 2.8%

Casino War 2.9%

Crazy 4 Poker 3.4%

Let it Ride 3.5%

Mississippi Stud Poker 4.9%

Caribbean Stud Poker 5.2%

Also, be mindful of the optional bonus or side bets at the tables. Most games have them, including those with a low edge.The winning payout amounts look very attractive and players can win even if the original wager is lost to the house. However the house edge jumps to double digits on most of these wagers.

Sports Gambling

When betting on sports games, the house takes a “vig”, slang for vigorish, when bettors make an even money wager. For example, a $10 bet on the Buffalo Bills, vs. the Miami Dolphins will cost $11. Player wins $10, the house keeps $1.

Slot Machines

It seems the everybody loves the penny slots these days. Multi-coin, multi-line with striking themes, graphics and bonus features. Players can wager as little as fifteen cents up to three or four dollars per spin. the edge on the pennies ranges between 10 & 15%! The hold on dollar and higher machines is much lower, ranging from 2 to 5%. If you’re going to bet max on the pennies, you’re better off playing the bucks.

If you like machines study up on video poker. Learn how to read the pay tables that are posted on each machine. There is a skill element to video poker. Choosing the right game can drop the house edge to less than 1%. Good Luck!

Tips For Online Casino Poker – Discover How To Win At Virtual Gambling!

It is incredible how virtual gambling has now become the main source of income for many casinos, especially poker. It is incredible how in the last few years online poker has exploded to become the most popular game on the internet. There are now millions of players all over the world who are gambling big sums of money by playing Texas Hold Em poker on the web.

I have never seen such a gaming phenomenon grow so rapidly in such a short space of time. It has come to the point where many players are now making a full-time living playing the game. In fact, some of them have become millionaires as a result of this game.

I have listed below three powerful tips which will help you win at online poker:

Vary Your Playing Style: A key successful trait to have in poker is to be unpredictable. A big part of poker is psychological, it is about being able to out smart your opponents. If your opponents are able to read your playing style then you won’t go far. Because they will know when to flop or raise if they know your playing pattern. The best thing to do is to mix it up and let them second guess what type of hand you have. Every now and then show them you had a losing hand when you bluffed. Equally, show them you have a winning hand from time to time. Keep them on their toes.

Check-Raise: This is one of my favourites. When you have a good hand in order to encourage the other players to stay in the game and not scare them, check instead of raise. If one of the players raises then I want you to re-raise. This one drives them crazy! They will be so confused as to whether you have a monster hand or are bluffing.

Make People Pay To See The Flop: It is really annoying when players get to see the flop for free. What is most annoying is those with the average to bad hands usually end up getting something good on the flop. You don’t want that happen. The best way to avoid that is to make sure you raise during the pre-flop if you have a good hand. You shouldn’t allow other players to get into the game for free when you have a good hand. You should be winning those blinds!

Listed above where a few tips on how to win at online poker.

How to Consistently Win at Online Poker

The secret to consistently win at online poker can easily be summed up in two words: poker strategy. Although there is a lot more to Texas holdem no limit then just knowing the rules of the game, winning online poker cash games or Texas holdem tournaments requires some skill and the ability to make the right decision.

Texas holdem poker strategy

Strategic moves in poker is as varied as the people who play, that means that as many different styles and personalities that are in the game, there are just as many different ways to win at online poker. However to consistently win at online poker, you need to apply some of the basic Texas hold em statistics and Texas hold em probability to your poker strategy.

Texas hold em probability and statistics

The real Texas holdem poker strategy is in the mathematics of the game, and knowing what action to take in each situation. Because each time you play Texas holdem poker, the situation is different; you want to have a thorough understanding of the statistics in the game.

For example, pocket Aces will win 31% of the time if you are up against 8 opponents preflop, and AA wins about 50% of the time when you have 4 other opponents. However, if you are only up against one opponent, you will win 84% of the time. Knowing that Aces will only win 31% of the time against 8 opponents, will you play then the same way as if you are against only one opponent?

Texas hold em mathematics

In addition to understanding the probability and statistics of winning, applying Texas holdem mathematics to your game will help you maximize the pots and win more each time you pull the pot. You should try to maximize the pot at all times by getting the most value for your winning poker hands. For example, a good value bet or trap is a great Texas holdem poker strategy to win more money.

Get in the habit of knowing how much money is in the pot, and how much money your opponent has, and how much you think he will pay to see the next card. Then use these factors to decide how much to bet to keep your opponent paying you off, or how much to bet to get rid of them so they fold.

Advance your game with the application of basic Texas hold em poker strategy using probability, statistics, and mathematics to consistently win at online poker. If you rely solely on luck in the game, you will soon discover how hard it is to make a good return on your investment.

No Limit Texas Holdem Poker Tips – Win More Money With These 2 Tips

If you are struggling to make good money playing poker read these No Limit Texas Holdem Poker tips right now to learn how to win more money.

The No Limit Texas Holdem Poker tips revealed in this article are guaranteed to help you win more money. That’s because they reveal some of the biggest yet most underutilized secrets about succeeding at Holdem.

After you read this whole article in full you will have the tools to go out and become a profitable poker player. And you will soon realize that the key to becoming successful is a consistent and unrelenting thirst for learning how to become a better player.

No Limit Texas Holdem Poker Tips To Make More Money #1

Constantly analyze yourself. Provide yourself constructive criticism. Coach yourself. The players that do this get very good very fast.

When you observe your own play at the table and figure out what you did correctly and what you did wrong you come to realizations of how to play better and win more. At all times, take into consideration what went wrong, what went right and ways to increase your overall game to enhance your poker strategy.

No Limit Texas Holdem Poker Tips To Make More Money #2

Let luck win you the game. Remember, odds are odds are odds. Sometimes you’ll have good luck, sometimes bad. Sometimes your opponents will have good luck, sometimes bad. It’s great to be in position when your opponents have bad luck. You don’t necessarily have to win all the time, you just have the have the other person lose.

Before you get your hands on more No Limit Texas Holdem Poker tips that will teach you how to become a great poker player, think about how you can use the two tips revealed in this article to improve your game first. How would it feel to constantly be critiquing yourself so every game you played you were better than the last. Imagine making money from poker by simply sticking to solid poker practice and what you have learned.

Texas Mega Millions Megaplier – How to Megaply Your Ticket to Win More Money

If you live in the great state of Texas, then you have probably played the Mega Millions lottery game; it’s one of the biggest games in the state. But do you ever Megaply your tickets? What’s that, you ask? For an extra dollar, you can add the Megaplier to you Mega Millions ticket to increase the amount of money that you could potentially win.

How do you play Texas Lottery’s Mega Millions Megaplier? It’s simple, you just pay an extra dollar for each ticket that you buy to Megaply your ticket. Prior to each draw, Texas Lottery will hold a draw where they will choose the Megaplier number. This number can be either a 2, 3, or 4. Depending on what number is chosen, that is how many times they will multiply your prize that you won.

For example, if the number 4 is chosen, whatever prize you win will be multiplied by four. So, if you matched the first five numbers, you would win $250,000. Since the number 4 was drawn in the example, you would multiply the $250,000 by four, which would increase your prize money to $1 million. However, this only applies to the non-jackpot prizes but, nevertheless, it’s a good way to win more money.

Is it worth it to spend the extra dollar to buy the Mega Millions Multiplier? Yes, it is. That’s because it has the potential to increase your expected winnings. You pay double the price for the ticket, but could win more than double the prizes. That makes it a good idea!