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Is it true than all games from Casinos have winning probabilities less than 5...

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Post on 2018-8-20 16:42:50 | All posts |Read mode
Is it true than all games from Casinos have winning probabilities less than 50% for the player?
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Post on 2018-8-20 16:44:04 | All posts
Overall? Yes it is true.

There are some games that have elements that have zero House Advantage (so called “True Odds” bets on Craps spring to mind. But this is offset, to some extent, by your having to make a bet with a negative expectation). So when you weigh up all of the bets you have to make then yes all Casino games have winning probabilities less than 50% for the player?”

Provided that the question revolves around the winning of money.

There are bets that can be made where the player making them has more chance to win this bet than to lose the bet. A greater the 50% “winning probability”. But even here the payout is always altered so that the overall expected outcome is negative.

The exception. Certain brands of video poker, if you play perfect strategy, can actually run in your favour, albeit very slightly. This is typically allowed because playing perfect strategy is uncommon and deviations from it drive the expectation negative again.
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Post on 2018-8-20 16:44:40 | All posts
Generally, yes, because all games are tilted in the house's favor to some degree, the house holds a 50.1 or higher winning probability which means the player is generally no better than 49.9 or worse. If, however, you factor in activity like card counting in blackjack, which is technically not illegal, it is my understanding that the player may achieve odds greater than 50%. And I am not addressing games like live poker where the house is largely neutral and therefore a skilled player may have a greater than 50% chance of winning. To some degree, same for sports wagering, where a skilled bettor in isolation may have odds of greater than 50% of beating the house.
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Post on 2018-8-20 16:46:20 | All posts
Some games look fun, exciting, and easy to play. Roulette is a favorite game to play; 18% house advantage. That is way less than 50/50. Blackjack (21) and Craps, if played correctly, only gives the house a 1.4% advantage. That is about as close as you will get to 50/50 without cheating (or a master’s degree in mathematics). Usually I play free slots for fun.And I`ve never tried domino. I don`t actually believe that I could win. But I like to watch how other people playing. I watch HEX Casino Big Wins channel on Youtube, there are many interesting videos with big wins, for example this 6s
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Post on 7 days ago | All posts
Yeap, that's why casinos make money. There would make no sense if the odds of winning in favour of a casino were less than 50%. But that's not bad. After all, the possible win is great. But before playing it's important to make sure that you are in a trustworthy casino. There are lots of sites with reviews. Like this one, a detailed review in Spin Palace Casino with ratings and testimonials.
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