Know the Online Casino Best Odds
Online casino best odds games are the ones that can help you earn the maximum while minimising the house edge and hence get the most value for the money that you stake. To understand how it works, it is essential to first understand the meaning of these terms that go hand in hand i.e. odds of winning a game and the associated house edge.
What is Meant by Online Casino Best Odds?
The definition of the word ‘odds’ is the probability of a predicted outcome. For example, the two sides of a coin have equal odds to happen in a toss of coin i.e. you have an equal chance of winning or losing. In the case of online casino best odds, if you bet £1 and win £1, it means you are getting paid true odds.
What is Meant by House Edge?
House edge is the difference between the true odds and the odds that you paid to you by the casino. Take an example of the double zero game of Roulette. You have only 1 chance to win out of 38 options. Hence the odds of winning should be 37:1. But the casinos pay you only 35:1 i.e. 35 + 1 = 36 and the difference is 38 – 36 = 2. This (2/38)*100 = 5.26% is the house edge for this particular Roulette wheel.
Table versus Machine Games
Table games are historical games that have existed since a long time. At that time, these didn’t have any built-in house edge. These were modified to be made profitable for casinos but they couldn’t alter them much. On the other hand, the slot machine games have been built in such a manner that they provide significant house edge to the houses. Hence, the table games are always associated with a lower house edge.
Casino Games that Provide The Online Casino Best Odds
- Video Poker: This is an exception to the rule that house edge always exists in a casino game. Here you can get a return as high as 100.7% i.e. you can earn even more than you stake. There are other variants which provide true odds of winning.
- Blackjack: Players using the best strategy to play can bring the house edge to as low as 0.26% than from a significant 3%.
- Baccarat: It is played with three kinds of bets. For the maximum winning chances, always bet on the banker bet which has the maximum chances of winning despite a house commission of 4-5% on it. You should aim to look for a casino that offers 4% commission instead of 5%.
- Roulette: The most profitable bets are the even money bets that include betting on even/odd, red/black, and high/low.
Thus it can be seen that the online casino best odds are provided by the table games instead of the online slots. Now, you can play all each of these games at the Monster Casino. These come in a number of variants so that you can have the maximum choices and can choose a game according to your liking.
Blog Name: Know the Online Casino Best Odds
Posted On: 20/12/2016
Author: Shaun Allison