Many players that wager at a certain online casino are leaving the outcome of the online gambling session just on luck. Of course, the luck factor has a major impact in gambling, but so are the player’s skills and most importantly the gambling mathematics.
In fact, knowing the mathematics behind online gambling can help every player to better understand the online gambling industry and online casino games. It can also help the players which casino games gives them better chances, and which bet types have the best odds.
Why Are Mathematics Important in Online Gambling?
Mathematics has always been an integral part of online gambling and they have been implemented to help both the casino and the players to generate a profit. For instance, the software of slot games has been made in a way that allows the online slot to be profitable every time.
This casino software have been developed a long time ago and now when the casinos are mostly online, the development of newer and more sophisticated software continues. And mathematics is the base that stands behind each of this casino software.
They are calculating the average payout of the online casino games or the timeframe in which it is supposed to provide the players with some winnings. The software is developed in a strict way and every single detail is precisely calculated.
But mathematics in online gambling has another aspect. Using mathematics can help the players to predict the outcome in certain parts of the casino game and clinch a very possible win. But understanding the mathematics behind the casino games comes with great knowledge and experience.
We can view mathematics as a special part of online gambling as it can help the players gain a bigger gaming experience and use it to take advantage when possible. Although, understanding mathematics isn’t enough, as skills and concentration are also required if the player wants to master online gambling.
Casino Games With the Best Odds
Mathematics has been used to determine which online casino game has the best odds for the players to come out as winners. These odds help the players decide which online casino game to spend their time and money on and which games to avoid at all costs.
The casino games that have the best odds in the gaming industry are presented in the table below.
|Casino Game||House Edge|
Some of these casino games require a certain set of skills in order to master the game and reach the best odds. Other casino games have certain bet types that come with better odds than others and knowing the odds of each bet can help the players with their choice of bet.
In blackjack, the average house edge is around 2%, which is still a good percentage compared to other casino games. But this house edge percentage is mostly for the inexperienced players that are just starting out with this casino game.
With the slightly more experienced players, there is a chance to lower the house edge even further. They can do that with the use of a basic strategy. A player that learns a basic strategy will sharpen up their skills and knowledge of the game, which will lower the house edge up to 0.72%.
Wagering on a single deck blackjack comes with a house edge of 1.5%, but this percentage can be lowered up to 0.15% with the use of the basic strategy and a card counting system. Many land-based casinos are considering card counting as cheating, but the online casinos aren’t as strict.
In a game of baccarat, there are three types of bets that the players can choose to wager on, such as:
- The Banker bet
- The Player bet
- The Tie bet
The banker bet is the most favourable bet for the players as it comes with a house edge of just 1.06%. But, many online casinos attach a 5% commission to the banker’s bet because of its lower house edge. Even with the 5% commission, this type of bet is still the most recommended for the players.
There are certain online casinos that feature a No Commission Baccarat game, which doesn’t attach any commission to the banker’s bet. The player’s bet in this game has a house edge of 1.24% while the tie bet comes with a house edge of 14.4%.
As every roulette player knows, there are main variants of roulette which are French, European, and American. French Roulette has the lowest house edge of the three which goes as low as 1.35%. This version is a bit different from the other two as it has a unique table layout and two special rules.
These two special rules give the players more advantage compared to the other two variants, which is why it has a lower house edge. The European version of roulette doesn’t have these two special rules and because of that, the house edge goes as low as 2.63%.
In American roulette, the house edge is 5.26%, which is the worst out of the three versions. This roulette version features an additional pocket that is marked with a double zero, which decreases the player’s odds of winning.
Craps is a very interesting casino game that is both, a game with some of the lowest house edge bets and a game with the highest house edge bets. Every player should study the mathematics that is involved in craps, before placing a bet.
The bets with the lowest house edge in a game of craps are the Don’t Pass/Don’t Come Bet (house edge of 1.14%), the Pass Line/Come Bet (house edge of 1.41%), the 6 or 6 Bet (house edge of 1.52%), and the 4 or 10 Bet (house edge of 2.44%).
As for bets with the worst house edge, the players should avoid the Any Seven Bet (house edge of 16.67%), the 2 and 12 Bet (house edge of 13.89%), the Whirl or World Bet (house edge of 13.33%), the Horn Bet (house edge of 12.5%)