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Beat the Odds: Casino Bets with a Low House Edge

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In the casino, the house edge defines how high or low your possibility of winning at a certain game is. Games with a high house edge means that you only have a small chance of winning. It is best therefore, to play games in which the player has an advantage.

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Since players are competing against each other instead of against the house, poker has virtually zero house edge. The percentage that the casino gets from the final pot is really minimal. Also, since skill is a major factor of the game, one could almost be sure of winning if one employs the correct strategies.

Card counting in blackjack gives you about 1% to 2% advantage over the house. A word of caution though: while card counting is not illegal, most casinos bar card counters from their establishment. Others make these players bet flat or make the dealer re-shuffle the deck. If you plan to count cards, make sure that you will be discreet.

Since video poker is also a game of strategy, the house edge relies on your game decisions. If you make the perfect plays, some machines could give a true odds payout. Others reduce the house edge to less than 0.5%.

Even with the rise of multi-deck automatic shufflers, you can reduce the house edge to at most 1% if you correctly use the basic strategy in blackjack. By knowing when to split, stop, or continue taking hits, you effectively increase your chances of winning, and rely less on luck.

Some may think that the Passline bet in craps has the lowest house edge. However, a Don't Pass bet is slightly more advantageous: the house edge in this kind of bet is just 1.14%. It could be lowered to 0.59% if you lay double odds.

Meanwhile, the Passline bet also has a low house edge of 1.41%. What's more, betting on the Passline is always mathematically sound, which means most of the time you are going to win. Making an Odds bet lowers the house edge further to 0.61%.

Remember, winning in the casino is not only based on luck, it relies on investing your money in the right places. By playing games with a low house edge, you get more value for your money, and you have the chance to earn more.

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