Is it True That Nobody Can Beat the Casino House Edge in a Roulette Game?

In early 20th century, Albert Einstein has made series of challenges on the completeness of Quantum Theory that presented by physicist Max Planck in 1900. The challenge has prompted to his famous comments, “God does not play dice.” He believed that, everything in universe has it law and order, and it does not build on probability as per described in Quantum Theory.

Hence, when come to the roulette game with casino’s ‘House Edge’ advantage, he had actually misled the whole world of gambling by making a statement that, “Nobody can beat roulette system unless they steal the money when the croupier isn’t looking at it.” Is it truth that neither anyone nor the system can beat the casino’s ‘house edge’?

In the new century, getting more and more mathematicians and gamblers had discovered the incompleteness of Albert Einstein’s statement that they believe Albert Einstein himself knew it and does not want the whole world to find out.

They discovered that, “You can’t change the advantage of the house edge in a single spin or bet of the roulette games, but you can slowly reduce and eliminate the house edge advantage in series of spins”. Don’t get this wrong, it’s not the common progression method that they talking about.

In the ordinary progression method proposed by many gurus, you can easily end up with more than $1,000,000 bet after you doubling up the bet amount up to 13 times with the initial bet of $25. Most of the progression method failed is not only because of the huge accumulated bet amount required but also the progression breakdown when the house edge number (0 and or 00) hit.

Recently I have read a roulette betting strategy book that claimed the roulette system can be beaten in 3 simple steps.1-Reverse the casino house edge to player; 2-Delaying the bet; 3-Multiplying betting platform.

I notice that, this strategy has actually overcoming the fundamental weakness of the ordinary progression method by delaying player’s 1st bet to after 6 similar hits occurring continuously. At the same time, the strategy has reduced the waiting period by playing many roulette tables at the same time. Another thing that I like about this strategy is the author has actually making a combination bet which also includes the house edge number (0 and or 00) as well. It directly reverses the house edge advantage 5.26% to player.

We may not agree that the author has successfully beaten the house-edge but we can’t deny that in certain extend the house-edge threat has been reduce significantly.

Three Card Poker: More Playing Options But Beware of the House Edge

If you play Three Card Poker, there are a number of variants to the base game that are available is some casinos. Be aware that some carry a Huge House Edge. The edge for the basic game is about 3% for the ante and play wagers and jumps to about 7% if the Pair Plus option is wagered. Your chances of being dealt a pair is about one in four. Here are the variants:

Face Up Ultimate Three Card Poker

Players must also make a blind wager in addition to the ante. The dealer will then turn one card face up. If you decide to fold, your ante and blind bets lose. If you decide to stay in the hand and make a play bet, you have the option to raise the blind up to 3X your ante provided you have a pair or better. If you have less than a pair your play bet can only equal your ante wager.

The dealer will then reveal the other two cards. If the dealer’s hand beats yours, the play, ante, and blind bets lose. If the dealer has less than a Queen high, the ante bet pushes. If the hand ties those bets push. If your hand beats the dealer’s, the play and ante bets win even money. The blind bet pays if your winning hand is at least a flush. Otherwise it pushes. Here is the winning blind pay table:

Pair or less – Push

Flush – 1 to 1

Straight – 2 to 1

Three of a Kind – 10 to 1

Straight Flush – 20 to 1

Mini-Royal – 100 to 1 (suited K, Q, A)

You will undoubtedly need are larger bankroll for this version due to the additional blind wager and the option to raise it up to 3X. The following strategy is recommended when playing:

Fold with any hand less than J, 7, 4

Raise 3X with any pair or better

The House Edge is about 4.3%.

Three Card Poker Progressive

This an easy Three card Poker side bet that pays a huge jackpot if you have a Mini-Royal Q, K, A of Spades. You can place a wager up to the size of your ante in the progressive betting position when placing your ante bet. The average jackpot payout is around $4,000 for a $1 bet. Pay tables vary between jurisdictions. The pay tables are X for one, not X to one. This means that the house takes the original bet. Here is a common table:

Progressive Pay Table

Straight – 6 for 1

Three of a Kind – 60 for 1

Straight Flush – 70 for 1

Mini-Royal – 500 for 1(Hearts/Diamonds/Clubs)

Mini-Royal (Spades) – Jackpot

This looks very tempting but the House Edge is about 22.3%

6 Card Bonus

This is another optional side bet where a player’s 3 card hand is combined with the dealer’s 3 card hand to make the best poker hand. A winning hand is paid according to the following pay table regardless of the outcome of the ante and play bets. Pay tables may vary between jurisdictions:

Three of a Kind – 7 to 1

Straight – 10 to 1

Flush – 15 to 1

Full House – 20 to 1

Four of a Kind – 100 to 1

Straight Flush – 200 to 1

Royal Flush – 1,000 to 1 (9 through A)

The House Edge for this pay table is about 8.6%.

The $ Million Option

There is also another 6-card bonus option that gives a player a shot at a One Million Dollar payout! This option is exclusive to Caesars Entertainment properties in Las Vegas and Atlantic City. Players must also bet the ante, play, and pair plus positions when making this bet to win the following payouts:

6 Card Super Royal – (Diamonds) – $1,000,000

Six card super Royal – (Hearts, Clubs, Spades) $100,000

5 Card Royal Flush 1000 to 1

5 Card Straight Flush 200 to 1

Four of a Kind. 50 to 1

Full House. 20 to 1

5 Card Flush. 15 to 1

5 Card Straight. 10 to 1

Three of a Kind. 5 to 1

In case you’re wondering the House Edge is 18% and the probability of hitting a Diamond Royal is 1 in over 20 million!

Good Luck!

The House Edge – A Guaranteed Win for the Casinos

Here’s why it’s important to know the house edge, which is the amount of money the casino expects to win from you over time when you play the games. The bigger the edge, the more they win. The smaller the casino advantage the longer your money may last. You are at risk for a quicker loss on any type of bet within a game that has a house edge of more than 2%.

Here is the house edge, AKA casino advantage, for some of the most popular gambling games in casinos today:

Roulette

There are 38 numbered positions that players can wager on in a number of ways. Betting a single number and winning will net you a payoff of 35 to 1. Therefore the casino makes a 2 unit profit for each win. 2/38 = 5.26% advantage for the house. Your expected loss over time is $5.26 for every $100 wagered. on a single number.

Craps

Type of bet Edge

Pass Line 1.4%

Place 6, 8 1.5%

Any Seven (one roll wager) 14.36%

Baccarat

Bet Bank. 1.06%

Bet Player 1.24%

Bet Tie 14.38%

Basic Blackjack

By far the best table game as long as the player uses correct basic strategy and the house offers favorable rules such as:

Blackjack pays 3 to 2

Dealer stands on soft seventeen

Double after splitting pairs

Double on any 2 cards

Re-split pairs

Surrender allowed

Look for these rules and you’ll enjoy a house edge of about 0.5%.

It’s worth noting that many casinos have switched to hitting soft 17. This increases the edge to 0.7% but it’s still a good game. Be aware of games that pay only 6 to 5 for a player blackjack instead of the customary 3 to 2. Simply put, a 3/2 game nets a player $15 for a $10 bet, whereas a 6/5 game only pays $12. That’s a -$3 loss for every blackjack! Not good. Unfortunately, the Vegas strip is converting to 6/5 games.

Blackjack Variants

Two low edge blackjack variants are:

Spanish 21. 0.7%

Blackjack Switch 0.6%

Carnival Games

Remember the infamous words of the carnival showman P.T. Barnum? ” There’s a sucker born every minute”. A number of games are dubbed carnival games because of a higher house edge than the traditional offerings of blackjack and baccarat. They are:

Texas Holdem Bonus 2.0%

Three Card Poker 2.3%

Ultimate Texas Holdem 2.5%

Four Card Poker 2.8%

Casino War 2.9%

Crazy 4 Poker 3.4%

Let it Ride 3.5%

Mississippi Stud Poker 4.9%

Caribbean Stud Poker 5.2%

Also, be mindful of the optional bonus or side bets at the tables. Most games have them, including those with a low edge.The winning payout amounts look very attractive and players can win even if the original wager is lost to the house. However the house edge jumps to double digits on most of these wagers.

Sports Gambling

When betting on sports games, the house takes a “vig”, slang for vigorish, when bettors make an even money wager. For example, a $10 bet on the Buffalo Bills, vs. the Miami Dolphins will cost $11. Player wins $10, the house keeps $1.

Slot Machines

It seems the everybody loves the penny slots these days. Multi-coin, multi-line with striking themes, graphics and bonus features. Players can wager as little as fifteen cents up to three or four dollars per spin. the edge on the pennies ranges between 10 & 15%! The hold on dollar and higher machines is much lower, ranging from 2 to 5%. If you’re going to bet max on the pennies, you’re better off playing the bucks.

If you like machines study up on video poker. Learn how to read the pay tables that are posted on each machine. There is a skill element to video poker. Choosing the right game can drop the house edge to less than 1%. Good Luck!

Roulette Odds – A Crusade Against High House Edge

Roulette is quite an interesting game. In fact, it is among the most followed games in gambling casinos. There is a reason behind it. Unlike other games, Roulette is largely marked by luck and you do not need much talent for fathoming the game. Well! This also means that the house has a larger edge in this game (games of greater luck quotient generally provide the gambling houses with a higher edge).

Today, we have beautifully ushered into the domain of online gambling. Online casinos hold various games and among them Blackjack, Backgammon, Poker, Roulette and Flush are the most followed. There is something about the Roulette which simply separates it from others. Perhaps, Roulette Wheel is symbolic of the wheel of fortune and this attracts people towards it.

Single Zero European Roulette Tables have 37 digits. Double Zero Roulette tables have 38 digits. This includes two zeroes. Obviously, the American Roulette or the double zero tables offer a more difficult probability of winning money. In Roulette, players have to put money on a number and they get exponential returns on picking the correct number.

While placing the roulette bets, you shall know about the roulette odds and house edge. If you put your bet on all the even numbers on an American roulette then your chances of winning or the winning probability will be 47.37 percent and the house edge will be 5.26 percent. Let’s explain- American roulette has 2 zeroes. This means that it has 18 even numbers among 38 numbers. So chances of the ball falling on the even numbers is (18×100)/ 38 or 47.37 percent.

This means that the house edge is 100- (47.37+47.37) or 5.26 percent. This is a huge house edge which cannot be discounted. European roulette is better for players. While placing a similar bet on them, your winning probability will be (18×100) /37 or 48.65. House edge is cut down to 2.7 percent. That’s nearly half the house edge in comparison to what the US roulette sucks from us.

Different theories have been formulated by players and mathematical theorists over the ages. A few believe in the theory of sticking to the same number till it finally hits. Even if you get lucky after 30 odd attempts, you will be making money. It is found out that this theory does not overcome the house edge and misreads the risk of ruin.

Another theory suggests exponential (Martingale) betting. This means that you shall bet 1 unit, 2 units, 4 units, 8 units, 16 units and so on till you finally win. On winning, you will be able to wash off previous losses and will still have something to show. While this is a smart thought yet it would need quite a fortune to keep playing exponentially after 20 continuous defeats. A simple calculation shows that you will have to play 517288 units on your 20th bet if you continue playing in this method. So if your 1 unit bet was 10 USD, 20th bet shall be more than 5 million USD; any Warren Buffet or Richard Branson here? Even if you had that money, no casino would accept the bet.