Good Odds

The odds are always against you when you gamble, which is an excellent argument for not gambling in the first place.  If you're gonna gamble anyway, then it pays to play at a casino that offers good odds.  That's one reason I chose Bovada as the advertiser.  Let me first tell you about the competition, though.

Many online casinos are stingy when setting the odds on their games.  They think they'll make more money by setting the games tighter, so the player has less chance of winning, but they're wrong.  When players lose at a tight casino too quickly, those players much less likely to return.  Contrast that with a casino with good odds: Players get to play longer, which is a good experience, so they're more likely to return and become long-term customers.

Bovada has always offered games with good odds, knowing that if your money lasts longer, you'll be a happier, loyal customer.  They've got:

  • Two blackjack games returning over 99.8%
  • Single-0 roulette
  • Full-pay Jacks or Better (99.54%)
  • Nine other video poker games returning over 99%

Bovada's not perfect, but at least they offer decent odds.

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Gambling problem?

  1. Call the 800-522-4700 hotline or get online help
  2. See these horror stories.
  3. Know that aripiprazole and Parkinson's drugs encourage gambling.
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Gambling problem?

  1. Call the 800-522-4700 hotline or get online help
  2. See these horror stories.
  3. Know that aripiprazole and Parkinson's drugs encourage gambling.

Betting System Tests

Last update: September, 2019.

On occasion, I'll program someone's idea for a betting system to show that betting systems don't reduce the house edge.  The system on this page came from a post on Wizard of Vegas by Jordan1.  He had two ideas for trying to beat Craps: First, to bet lots of opposites, like Pass + Don't Pass, and Come + Don't Come, so that pair of bets would rarely lose.  The reason this fails is that "rarely" isn't "never": there will be a loss on that pair of bets every 36 rolls on average, so the house edge is still there.

His second idea was to put lots of money on the Odds bets, which carry no house edge, to dilute the overall house edge.  That does indeed dilute the overall house edge, but it doesn't result in a player win. The Pass / Don't bets are negative-expectation bets, while the expected value on the Odds bets is zero.  The average of a negative number plus zero is always negative.

The simulator runs for 2 million come-out rounds, but shows output for only the first 200, to keep the page size manageable.  You'll see that after 2 million rolls, the system hasn't even put a dent in the house edge: It's still the expected ~-1.39% for the regular bets, and ~0% on the Odds bets.  (The results might not be exact because of random variance, but it'll be extremely close.)

Thanks to Wizard of Vegas forum members Miplet, ThatDontGuy, and 7craps, who helped me troubleshoot.


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Practice gambling with play money

Before you throw down your hard-earned cash in a casino, PRACTICE FIRST!  Learn the games with play money where it doesn't cost you anything if you lose.  Seriously.

You can play Bovada's games (below) right away without registering for an account.  Most every other online casino makes you give up your email address just to play the fake-money games — ugh.  That's the main reason Bovada is the only online casino that gets advertising space on my site.  (When you see the registration box, you can cancel it and proceed to the game without registering.)

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