If you’ve been playing casino for quite some time, you would know that luck should be on your side to win the game. It plays a big factor for you to go home with a huge grin and a fat wallet.
But not everyone is lucky. There will be days that you would feel that the whole universe has conspired against you. Would this be enough reason to just give up and accept defeat? Luck is certainly not the only factor in winning casino games.
If you want to improve your chance of winning the casino, you are on the right boat. Though these tips below don’t guarantee you a winner every time, these will help reduce the amount you would lose and increase your chance of winning.
Play Video Poker Instead of Slot Machines
If you want to have a head start against gambling machines, it’s important that you know more about the payback percentage. What’s the payback percentage? It’s basically the amount of money that you’re expecting to win mathematically in the long run. The calculation is house edge subtracted from 100%.
For example, say a slot machine has 90% of payback percentage; you’re expected to win 90% of your gambled amount in that machine over a long enough time. But here’s the thing, casinos don’t let people know of their payback percentage and there’s no way that we could guess it.
Video poker machines, on the other hand, will give you a more payback if you play them correctly. You can have 99% or higher pay back on your best games while 95% or more at the worst games.
What’s even better with video poker machine is that you can determine the payback percentage based on its pay table.
Say you play on a slot machine with a 93% payback percentage. You’re making 600 spins per hour at $5 per spin and putting $3000 per hour into action. Your expected loss is $210 per hour on that action. You have lower loss in video poker game. With a payback percentage of 99.54% for the same stakes, you’re looking at $3000 in action per hour still. Your expected loss now is only $13.80.
Play European Roulette Instead of American Roulette
Ever heard of the term “house edge”? It means that it’s the advantage of the casino over the player. That’s a mathematically expected loss per bet expressed as a percentage. For example, if the game that you’re playing has a house edge of 5%, you’re expected to lose an average of $5 every time you place a $100 bet.
When playing American roulette, you face 38 different numbers on the roulette wheel – 18 of those numbers are red, 18 are black and 2 of them are green (the 00 and the 0). The house gets their edge on those two green numbers. Betting on black or red pays off at even odds, but the odds of winning aren’t even. You have 20 ways to lose and 18 ways to win. The difference adds up to 5.26% house edge over time.
On the other hand, you only have 37 numbers in a European style roulette wheel. 18 of those are black, 18 are red and one is green. Though it’s still the same payouts on the bets, the house edge is reduced from 5.26% to 2.70%.
How does it affect your expected hourly loss?
Let’s say you’re betting $20 per spin, and you’re placing an average of 40 bets per hour. This means you’re putting an average of $800 into action per hour. Your expected loss on an American roulette wheel is $42.08 while it’s only $21.60 on a European roulette wheel.
Learn more about the difference between American and European roulette here.
Master Blackjack Basic Strategy
Most of us are quite familiar with blackjack, as it’s one of the most popular games in the casino. Having a broad idea of how it’s played is not enough if you want to go home victorious. Mastering the basic strategy can help reduce your house edge to between 0.5% and 1% depending on the rules and the table conditions. On the other hand, you’d face 4% or more house edge if you don’t master the basic strategy.
So what is the basic strategy of this game?
First, you have to understand that this is a game of player decisions. Unlike any other casino game, your decisions can contribute to the outcome on how the hands play out and to the wins or losses of the players at the table.
Basic strategy is illustrated in the chart below:
Don’t make the same mistakes of many new blackjack players – going with their gut feeling. Use the basic strategy to have favorable odds on your game.
In a typical blackjack game, the house edge is around 0.50% when basic strategy is used during the play. If you bet $100, the casino expects to win $0.50 from you over an infinite number of hands. The house advantage can go as high as 2.5% or more if the player is unskilled and did not use the basic strategy.
Play Slowly and Take Plenty of Breaks
Though your chance of winning is not necessarily improved with this tip, your expected hourly loss will be reduced.
You should never dismiss into account the house edge. Every time you place your bet, a portion is given to the house edge.
For example, one player is playing 600 hands per hour at $5 per hand. She’s putting $3000 into action per hour. If the house has an edge of 7%, that player’s expected hourly loss is $210. The other player is only playing 400 hands per hour at $5 per hand. She’s only putting $2000 into action per hour because she’s playing slowly and takes a lot of breaks. With the same house edge, she’s only expected to lose $140 per hour.
Playing slowly will not only reduce your hourly loss but it will make the game more enjoyable. Being mindful on the casino floor has its advantages.
If casino games interest you, click here to read more about this addicting and exciting game.