Everything about casino gambling is here at OddsShark. We offer a comprehensive guide to online casino and in-person gambling so you can master the tables and slot machines, and do your best to gain an edge that beats the house. These casino games offer the best odds for winning big: Roulette – The ultimate game of chance — with (nearly) 50/50 odds! While betting on specific numbers is a little trickier, sticking to the simple “red or black” betting strategy gives the player almost a 50/50 shot at beating the house.

Many people will be visiting a casino this summer, whether on a trip to Vegas, on a cruise ship, or just at a local casino during a 'staycation.'

But before you go, you may want to know which games give you the best chance of winning.

So we went behind the scene at two casinos, and spoke with the game managers, to find out which games give you an edge.

Table Games Your Best Bet

Jay Bean, a Caesar's floor manager, agreed to sit down with us and talk about the games with the best odds.

He said many people don't realize that table games have much better odds than slots. They are intimidated by thoughts of card sharks taking their money, with images of an intense Texas Hold 'Em tournament in their minds, and so they stick with the safe games: the slots.

But they are doing themselves a disservice, he said.

Bean's advice? After you've spent some time on the slot machines, move on to the Blackjack table, and start by just observing.

1. Blackjack

Blackjack has the best odds of winning, with a house edge of just 1 percent in most casinos, Bean said.

Plus, you are playing against only the dealer, not hooded poker champions.

'Blackjack is one of our easiest games to play,' Bean said. 'You're just looking for a number that beats the dealer's number without going over 21.'

If you're a novice, Bean said to sit down during a less busy time, such as the afternoon, and the dealer will walk you through the game.

But the same is not true with poker: You should practice the game with your friends first, at home, Bean said, until you are comfortable with it. Bean said novices are best off passing on the poker tables, where yes, the competition can be tough.

You can find out more information about the game of blackjack at the following link:
http://wizardofodds.com/games/blackjack/

2. Craps

So from the Blackjack table, he suggests moving on to the dice game Craps, the game with the second best odds, also nearly 50-50.

The Craps table can be a bit intimidating for the beginner with all the boxes on the table, Bean admitted. But it's really not tough, and it has one of your best chances of winning. In the end, all you are really doing is betting on a dice roll.

For more information on craps, visit:
http://wizardofodds.com/games/craps/

3. Roulette

Bean said your next stop should be the Roulette wheel. It's simple, and pays fairly well.

'So you bet on your favorite numbers,' Bean said. 'The dealer spins, and if your number comes in you win.'

If you stick to betting on just Reds or Blacks, you have nearly a 50-50 chance of walking away a winner. If it lands on red when you choose red, you will double your bet, Bean explained.

While it may seem you have an even chance of winning by simply choosing a color, there is one catch that gives the house its edge: the extra green 0 and 00 position on the wheel. It's on all American roulette wheels.

Or, if you feel lucky, play just one number. It's hard to win, but if you do it pays out 36 to 1.

Odds In Gambling

For more information on roulette, visit:
http://wizardofodds.com/games/roulette/

Worst Odds

Your worst odds? The casinos, understandably, did not want to talk about games with poor odds.

So we turned to Forbes Magazine, which in a report about Best Bets at the Casino , said two popular games -- the Wheel of Fortune and the ever-popular slot machines -- have the lowest odds of winning, with a house edge of 10 percent or more.

The Experts Agree

Professor of Analytics Michael Magazine has crunched the numbers, and agreed that blackjack is the best way to go home with money in your pockets. He said if you take a little time to learn the game, you have the best odds of winning.

'You are somewhere between 44 percent to 48 percent in every single hand of winning,' he said, noting that no other casino game gives you odds that good.

But Magazine cautioned that he's not promoting gambling, because he said even games with the best odds still favor the house.

'Play it long enough and you will lose. In the long term the house doesn't lose,' Magazine said.

If You Love The Slots....

Finally, if you really enjoy playing the slots, here is some good information to know, from state casino reports we examined.

With slots, the more money you put in per bet, the higher your chance of winning. If you put the max in a penny machine, which is usually around 50 cents, you have much better odds than if you put in 2 cents.

In addition, penny slots have the lowest odds, with $1 and $5 slots paying much better.

Always gamble responsibly, and don't waste your money.
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Best And Worst Gambling Odds Ever

You can learn more about specific odds of slots machines in each state that has casino gambling by visiting the American Casino Guide.

Don't Waste Your Money is a registered trademark of the EW Scripps Co.

Best And Worst Gambling Odds 2016

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When someone discusses craps odds, they’re discussing one of two things—the odds of rolling a certain number, or the payout for a particular bet. Odds are one way of describing a probability, but they’re also a way of describing how much a bet pays.

This page explains both types of craps odds. We refer to payout odds as the number that a bet pays off, and true odds as the probability that a given outcome will appear. The difference between the true odds and the payout odds is the house edge, which is the number that explains how the casinos stay so probable.

The Basics of Probability

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Probability is that branch of mathematics that deals with the likelihood of something happening (or not happening). An event’s probability is always a number between 0 and 1, but that number can be expressed in multiple ways.

A simple example of a probability is a coin flip. The probability of the result being heads is 0.5, because half the time, that’s what will happen. 0.5 can be expressed also as 50%, ½, or 1 to 1.

That last expression of the probability is the one we’re most concerned with on this page, because that’s an expression of the odds.

Best Gambling Odds In Vegas

The equation for calculating a probability is to divide the number of ways something can happen by the number of total ways it could happen. When rolling dice, you can calculate the odds of rolling a 1 by dividing 1 by 6. There are 6 possible outcomes, but the one you want to know is the chance of rolling a 1.

1/6 can also be expressed as 0.167 or 16.7% or 5 to 1. When expressing a probability as odds, you compare the number of ways something won’t happen with the number of ways something can happen. There’s only 1 way to roll a 1 on a single die, but there are 5 ways to roll something else, so the odds are 5 to 1.

When you’re calculating multiple probabilities, you add the probabilities together when you want to know the odds of event A OR event B happening. You multiple them by each other when you want to know the odds of event A AND event B happening.

For example, if you want to calculate the probability of rolling a total of 2 on 2 dice, you would multiply the probabilities of rolling a 1 on the first die by the probability of rolling a 1 on the second die. 1/6 X 1/6 = 1/36, which can be represented as odds of 35 to 1. (You’re calculating the odds of rolling a 1 on die A AND the odds of rolling a 1 on die B.)

On the other hand, if you wanted to know the probability of rolling a 1 on either of the two dice, you’d ADD the two probabilities together, and you’d get a result of 1/6 + 1/6, or 2/6, which can be reduce to 1/3. That would be expressed in odds as 2 to 1.

True Odds

When you discuss the odds of something happening, you’re discussing the true odds, or the probability, that something will happen. The difference between the true odds and the payout odds is what creates an edge for the casino. Casinos wouldn’t make a profit if they paid bets off at their true odds; they’d only break even. And like any other business, casinos exist to make a profit.

Payout Odds

Best Gambling Odds

So every bet in a casino pays out at less than true odds, except for one, which we’ll discuss later. For example, if you make a bet on something that has a 3 to 1 chance of happening, and the casino pays out at 2 to 1 on that bet, the casino will make a profit in the long run.

Suppose in a mathematically perfect simulation that you place four bets of $1 each on something that has a probability of occurring of 3 to 1. You would win once and lose three times. If you lose $1 on your three losses, and you win $2 on your single win, how much money did you net? You lost $1.

For every dollar that you wagered in that scenario, you lost an average of 25 cents.

That’s the house edge in a nutshell.

The House Edge

The house edge is usually expressed as a percentage of each bet that you can expect to lose over the long run. In the example above, the house edge was 25%, which is huge.

The house edge on most casino games is between 1% and 10%, but in craps, you’ll find some of the best bets and some of the worst bets in the casino.

The Best Odds in Craps

The best bets at the craps table are the ones with the lowest house edge, and luckily, those are also the simplest bets you can make. These bets include the pass bet, the don’t pass bet, the come bet, the don’t come bet, taking odds, and laying odds.

The house edge on the pass bet and the come bet is 1.41%, which means that for every $100 you wager, you should expect to lose, in the long run, an average of $1.41.

The house edge on the don’t pass and the don’t come bet is 1.36%, which means that for every $100 you wager, you should expect to lose, in the long run, an average of $1.36.

When you take odds or lay odds, your bet pays out at true odds. This means the house edge is 0, making this the best bet in the casino. The only catch is that in order to take or lay odds, you have to make a pass or don’t pass bet first.

The Worst Odds in Craps

Gambling Odds Explained

The worst bets at the craps table are the complicated bets. They have the highest house edge, and when we say the house edge is high, we mean that it’s staggering.

The craps table features countless proposition bets of varying complexity, but here are a few examples of bets with bad odds in craps.

The Big 6 and Big 8 bets offer a house edge of 9.09%. That’s absurd when you consider that you can place the same bet as a “place bet” and only face a house edge of, at most, 6.67%.

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Hardway bets also offer lousy odds. The house edge is either 9.09% or 11.11%, depending on which hard total you’re wagering on.

The Any Seven bet is another doozy. The house edge on this one is a whopping 16.67%.

Any time you find a game with bets with a house edge that ranges between 1.36% and 16.67%, you should educate yourself about which bets are offer the best odds and which ones offer the worst odds.