Players who try to sort good bets from the bad sometimes find difficulty with new games that involve more than one round of betting.
Those games have two figure that could fairly be categorized as house edges. A reader recently pointed out that wizardofodds.com lists a house edge of 4.91 percent for Mississippi Stud Poker, but also an element of risk of 1.37 percent.
Mississippi Stud House Edge and Risk Odds Explained Read More »
A craps player wrote to me recently to say he’d found an automated game that looked like it had better odds than he found at table games.
Gaming Odds Explained: 30 To 1 vs. 31 For 1 Read More »
One thing I like to stress to players trying to learn the games is that the odds are unchanging. No matter how long it’s been since a 7 was last rolled in craps, the odds are 1 in 6 on the next roll, and no matter how long it’s been since the ball landed on 00 in roulette, the odds are 1 in 38 on the next spin. The exception is blackjack. There the odds change on every hand as cards are dealt and removed from play until the next shuffle.
Blackjack is the Game of Changing Odds Read More »
Some of my favorite tales from readers are those of back-to-back jackpots – or at least jackpots within a few plays of each other. They don’t happen very often. A 1 in 40,000 chance of drawing a royal flush in video poker translates to a 1 in 160 million chance of back-to-back royals. But given enough trials, anything that can happen eventually will, and there are plenty of trials in casinos.
Back-to-Back Royals in Video Poker Read More »
When players get serious about craps, they soon learn that the free odds have no house edge. You must make a pass or come bet at the full house edge in order to bet the odds after a point is established, but then the odds bet is paid at true odds.
How to Use Odds in Craps Read More »
Video poker is a much different game than table poker. In video poker, you’re playing draw poker, is rare to nonexistent on the tables. You’re not playing against other players, you don’t have to try to read anyone else’s hand and you don’t have to evaluate whether to raise, call or fold.
Royal Flushes In Video Poker vs. Table Poker Read More »
