Once you have decided to take your chance on online casino gambling it is very important to consider the odds of winning, which might differ from one website to another. So, another major factor in the process of selecting the perfect casino is the house edge for your favorite game. Onlinecasinoportal.net can help you make the wisest choice by dedicating this section to truths and allegations about the odds of winning. In this context, “odds” is a strict mathematical term and stands for a regular probability of a potential outcome, commonly expressed under the form of decimals, fractions or percents. For example when flipping a coin you know in advance that there are exactly two possible outcomes and the ratio is thus 1:2 or 50%-50%. The same rule has been applied to different online casino games departing from the assumption that the roulette wheel has 37/38 slots, a standard playing deck has 52 cards and a dice has 6 sides.
The house edge means the advantage of the casino, usually expressed in percents. It is the amount expected by the casino for every wagering unit made during a certain game. For example in the case of the American Roulette the house edge is 5.6 percent, which means that for a bet of 100 credits, the player is expected to lose 5.60.
While playing, you are rarely aware of the mathematical chances of winning. Players who engage into calculating all the options very soon get to feel overwhelmed by their huge number and finally give up. But wise players are prone to following some realistic betting strategies to increase their chances of winning. The first rule advised by Onlinecasinoportal.net is to avoid some games that are not quite profitable.
Blackjack is one of the best options, offering a house edge of only 0.80%. If you are playing this game for several hours you are not wrong to believe that your chances of becoming a winner will not be slim at all, especially because the action is quite fast. The European Roulette offers a house edge of 2.7%, being a slower paced game. The odds are not so great as in the case of Blackjack, but there is something even worse than that! Keno and the American Roulette range among the most disadvantageous casino games in terms of odds, offering a house edge of 25% and 5.6% respectively. Seems unbelievable, but Craps supposes the highest advantage for players, displaying a house edge of only 0.60%. The game is easy to play and very attractive. Here are the odds for some other popular casino games: Baccarat (banker) 1.17%, Baccarat (player) 1.63%, Pai Gow Poker 2.5%, Three-Card Poker 3.4%, Caribbean Stud Poker 5.26%.
Taking into consideration the figures mentioned earlier, Onlinecasinoportal.net recommends its visitors to focus on playing craps, blackjack and baccarat if they are interested in the profitable aspect of playing and looking for the smallest house advantage. No wonder that these are some of the most popular games in all the casinos. There are generally two types of gamblers: some are after fun and excitement, ready to approach any game for the sake of enjoying themselves, while others are interested in earning piles of money. The best approach is to combine both tendencies and become a very good and careful strategist, sometimes carried away by the thrill of the moment. It’s essential to have a healthy attitude to winning as well as to losing. There might be times when you only win small amounts of money, but don’t be sad, just consider every game as an opportunity to increase your experience and become a better player!