I don’t write about odds and strategy very much, but it’s an important part of playing at an online casino. The truth is that not all games are equal. Though all games have odds that are tilted toward the casino, some are better than others.
In general, the games with better odds have lower payouts and vice versa. For example, roulette has terrible odds, with a house edge of 5.26% over all and a winning probability that ranges from 2.63% to 47.37%. However, the bets with the lowest odds pay the most when you win. Betting on black or red or odd or even has a 47.37% chance of winning, but it only pays 1 to 1. On the other hand, betting on any single number only has a 2.63% chance of winning, but if you do win it pays out 35 to 1.
Similar odds can be found in other games of chance, including online slots. With slots, the odds are always against you and they have some of the worst odds in the entire casino. However, if you hit the jackpot you will be very happy.
Online blackjack, as a game with some of the best odds in any casino, is a game that rewards players for knowing and executing the proper basic strategy. Though the payouts are smaller and there is no chance of getting rich in a short time, over time the game can treat you quite well.
Over time, blackjack players and mathematicians have developed what is called blackjack basic strategy. A good strategy chart can be found at onlineblackjack.org, a website that offers extensive strategy advice in its blog. Adhering to basic strategy, whether playing online blackjack or at a brick and mortar casino, can reduce the house edge to only 0.5%. That means for every $100 you wager, the house would only take 50 cents from you.
Playing blackjack at a brick and mortar casino, it is possible to actually gain an advantage by counting cards, though the casinos frown upon this practice. At an online casino, though, the random number generator prevents card counting from working.
Even without counting cards, though, the best casino odds are with the game of blackjack. Playing online, there is no excuse for not following proper blackjack strategy, since you can look at a strategy chart while you play.
Tags: best casino odds, best odds, blackjack basic strategy, blackjack odds, online blackjack, Online Casino
