risk

Mississippi Stud House Edge and Risk Odds Explained

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 »

Is It Worth Bigger Bets To Get a Higher Slot Payback Percentage?

Casinos everywhere put their highest payback percentages on their highest-denomination slot machines. The Mississippi Gaming Commission report for October—the most recent available as I write this—showed that in northern Mississippi on non-progressive machines, payback percentages included 91.1 percent on penny slots, 93.3 percent on nickels, 93.4 percent on quarters and 94.5 percent on dollars.

Is It Worth Bigger Bets To Get a Higher Slot Payback Percentage? Read More »