What are the odds?
Being a successful gambler, be it for a weekend or as a career, requires a strong knowledge of a game’s odds and edges. Every game is unique in this regard, and it’s important you figure out how to minimize the house’s edge and give yourself the greatest advantage possible. Most gambling best practices revolve around having a basic understanding of probability and making wagers appropriate for the game situation. If it seems like a lot to learn, we assure you that you don’t need to be a mathematician to gain a level of understanding for casino game odds that will work in your favor.
Our guide on the odds of various casino games will help you reach that level of proficiency quickly.
How casino game odds work
Betting odds tell you how likely a specific event is to happen within a game, and how much you will win if that event occurs. This likelihood (aka probability) is usually written one of two ways:
It’s more common in sportsbooks/betting odds than on casino games, but occasionally you will see odds written as decimals, too (as in 9.0).
Beyond that, every casino game’s odds are a little different.
