The Wizard discusses the 10 best bets

Hello everyone, this is Mike, known as the <a data-cke-saved-href=\" internetradiomercedes.com=\">Wizard of Odds. In this video, I am sharing my list of the 10 best bets available at casinos. Before we dive into the games, let’s quickly cover some preliminary details.

How do I measure how good the game is?

I evaluate risk in gaming through the concept I’ve detailed on my site. This involves calculating the ratio of expected losses for the player in relation to their total bets in a game, which includes additional wagers like doubling down in blackjack or betting in Ultimate Texas Hold’Em.

I believe this is a more accurate way to measure the house edge, as it reflects the anticipated loss compared to the initial bet alone, especially in mixed games where the appearance of risk may be heightened due to the larger amounts being wagered. Ultimate Texas Hold’Em What games am I keeping in mind for this list?

I have a preference for the games available right here in Las Vegas. I recognize that game offerings can differ significantly depending on the location, so I appreciate your understanding. I do endeavor to remain aware of what's offered across the country as well.

I’m focusing only on games that are commonly available; for instance, I won’t include niche games that are found only at unique locations like The Brass Ass in Cripple Creek, Colorado.

I've done the best I can..

Whenever I mention any house advantage or element of risk statistics, I am basing it on the assumption that players employ strong strategies. Sometimes it’s an optimal strategy, while other times, it’s a solid foundation strategy that comes close to optimal play.

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Hence, in all my gambling-related videos, I strongly urge you to conduct thorough research and familiarize yourself with effective strategies before engaging in gameplay, as not doing so could lead to substantial financial losses.

There are games on my list that require minimal strategic thought aside from making the right bets, which is also crucial. However, for skill-based games, I expect players to understand how to play effectively.

However..

Determining the element of risk and house edge can be challenging due to the varying rules from one casino to another or even from one gaming table to the next, across different regions.

Finally, what did I want to say?

I wanted to say that for blackjack and video poker These metrics fluctuate widely, so I strive to spotlight games that not only have favorable rules but are also realistically accessible. Not every casino will maintain these favorable rules, but in competitive markets, players can discover who offers the best rules and take advantage of them.

With those preliminary points addressed, I believe I’m ready to jump right into the list.

Currently, this game is among the more sought-after poker variants available. Although it's not brand new, it has been gaining popularity over time. It’s a straightforward game where players earn payouts based on the poker value of their five-card hand, without needing to outmatch the dealer.

Number 10 - Mississippi Stud

Players start with two cards and have the chance to raise, with two additional opportunities to increase their bets later. A paytable determines payouts based on the player’s final hand and the initial bet.

Game Plan

The strategic aspect is not overly complex. Strategies can be found on my website, and I also offer handy, compact laminated cards—one-fourth the size of standard paper—that detail the recommended strategies.

If you adhere to the strategy laid out on my website, you’ll find that Mississippi Stud has a house advantage of 1.37%. Generally, I view anything below 1.5% as quite competitive. Thus, Mississippi Stud ranks number 10 on my list.

However, when it comes to this game played on an American double-zero wheel, the house edge is 5.26%, which is merely average.

Number 9 - Roulette

Now, I hesitated to put roulette If you have a substantial bankroll and are comfortable with minimum bets around $100, you may find a wheel with a single zero. Betting on even money with the ball landing on zero results in you only losing half, which reduces the house edge to a much more appealing 1.35%.

However..

So there you have it—roulette, but specifically if you manage to locate those tables

that feature a single zero and a half-back policy on even money bets when landing on zero. Once you identify such a wheel, focus solely on making even money bets. Avoid other types of bets, as landing on zero would lead to a total loss, unless you wagered on zero. French rules Here’s another game that’s quite simple to play.

There you have it, number 9, roulette.

Number 8 - Baccarat

It essentially mirrors betting on a coin flip. If you stick to betting on the banker, which is the recommended approach, you’ll benefit from a notably low house advantage of 1.06%. Baccarat However, if you stray from that bet to tie, player pair, banker pair, or other side bets, the house edge jumps to 1.24%. Hence, it’s best to concentrate on betting on the player and banker, with a preference for the banker only. While I understand many don’t play this way , taking this route optimally reduces the house edge.

If you must bet on the player..

This game can sometimes become challenging to find, especially in smaller markets, which made me hesitate to include Pai Gow in my list.

There you have it, number 8, baccarat.

Number 7 - pai gow

No, I do not mean pai gow poker ; I mean pai gow played with 32 tiles Nevertheless.. Nevertheless, it’s a fantastic game. When you’re banking, the house advantage sits at a mere 0.08%, and if you’re not, it increases to 1.98%. If you’re playing solo, you can bank at least half the time, leading to an average house advantage of 1.03%, which is quite favorable.

By the way:

Additionally, Pai Gow features low volatility, with only 30 to 40 hands per hour and frequent pushes. Therefore, if you seek a low-risk gaming option, Pai Gow is certainly worth considering. It’s a complex game that offers intellectual challenge.

The rules can be somewhat intricate to grasp, but if you enjoy a good challenge at the casino, I highly recommend giving it a shot.

The house advantage figures I shared are based on the basic strategy available on my site, as well as on this compact strategy card, which is just one-fourth the size of standard paper, illustrating that the approach is easy to understand.

There you have it, number 7, pai gow.

The basic strategy provides a solid foundation, but there’s room for improvement beyond it. I generally find it strikes a good balance between ease of understanding and effectiveness.

This is another game I really deliberated over including, given its dwindling availability here in Las Vegas now. Nonetheless, it continues to remain popular in places like California, Washington, and Atlantic City.

Number 6 - Spanish 21

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It's an essential game to mention, as not noting it would likely lead to an influx of messages saying, “Wizz, why wasn’t Spanish 21 included?” Spanish 21 is a variant of blackjack that replaces the tens with different rules that are beneficial to the player.

I cover the strategies and rules of this game on my site. Remember, do not employ standard blackjack basic strategy in this variant, as Spanish 21 necessitates a distinctly different approach.

In traditional rules where the dealer hits on soft 17 and doubling after a double is not allowed, the house advantage is 0.76%, which isn’t bad. So if you're playing Spanish 21: If you manage to find a game that permits redoubling—meaning if you double down on a nine, then get a two for an eleven, allowing another double—the house edge drops to 0.42%. If you also find a game where the dealer stands on soft 17, predominantly available in Atlantic City, this rule also reduces the house advantage to 0.42%. It’s merely a coincidence that both rules yield a similar advantage.

But it is not too difficult..

Where casinos offer both options, Spanish 21 can often be the more favorable choice. Always remember to play correctly; if you do get the chance to play Spanish 21, it's definitely worth considering, as it's a solid game. So, number six is Spanish 21.

Blackjack or Spanish 21?

! This game is widely accessible and commonly available. With blackjack, you must be mindful of a couple of factors: ensure you are playing under competitive rules and employing proper strategies. When you achieve both, it's possible to lower the house advantage to approximately half a percent or even less.

Number 5 - Blackjack

At present, Las Vegas offers favorable rules at [unintelligible 00:10:10] properties, where the dealer hits on soft 17, played with eight decks, offering a payout of three to two on blackjack—something you should always insist upon—and they allow surrender.

Good old blackjack

brands These rules translate to a house edge of 0.56%. Several MGM Mirage resorts adhere to similar rules but decrease the number of decks to six and facilitate the re-splitting of aces.

Consequently, this lowers the house advantage to 0.46%. Note, the element of risk becomes slightly mitigated due to opportunities for doubling and splitting. Rule variations in blackjack are abundant.

Above all, remember the one rule you must never ignore: avoid playing six-to-five blackjack. This means if you win with a blackjack, it pays only six-to-five, as opposed to the traditional three-to-two payout. Always demand that full three-to-two payout. What to avoid This advice overrides everything else I’ll share about blackjack. Choosing to play a six-to-five game increases the house advantage by 1.35%, negating a great bet and leaving you with a mediocre option. Thus, number five is blackjack.

Alright, this game doesn’t receive nearly the recognition it merits. When played correctly, it offers an impressive betting opportunity. For those familiar, Ultimate Texas Hold’Em pits you against the dealer in a game based on Texas Hold’Em.

Number 4 - Ultimate Texas Hold’Em

It provides a chance to raise at specific points in the game; the sooner you opt to raise, the larger your potential increase. The best strategy for Ultimate Texas Hold’Em is extremely intricate!

..I provide a simplified strategy on my website, which can also be summarized on a strategy card—one-fourth the size of an ordinary sheet of paper. You can find it on my site. The risk element in Ultimate Texas Hold’Em is quite low at 0.53%, making it a great betting opportunity, but playing it correctly is crucial, a rarity among players.

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Number 3 - Sports Betting

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Hello everyone, my name is Mike, also known as the <a data-cke-saved-href='internetradiomercedes.com'>Wizard of Odds.</a> In this video, I'll share my compilation of the top 10 casino bets . But first, let's take care of a few preliminary points before diving into the games.

On my website, I establish a concept referred to as 'element of risk.' This measures the potential loss a player might anticipate compared to the total wagered amount, including additional bets like doubling down in blackjack and betting in Ultimate Texas Hold’Em.

I'm not saying all

Last updated: Jan 18, 2024 The Wizard discusses the 10 best bets I believe this metric provides a more accurate depiction of house edge as it takes into account expected losses derived solely from the initial stake, and I find that mixed games can often appear misleadingly poor because players place significantly higher additional bets in those scenarios.

What games am I considering for inclusion in this list? How do I measure how good the game is? I admit I have a personal preference for games readily available right here in Las Vegas. I recognize that options may vary widely by location, and I appreciate your understanding. Nonetheless, I remain mindful of what’s accessible nationwide as well. woo-cover I’m focusing only on games that are relatively common and easily found; for example, I won't include a niche game that might only be available at The Brass Ass in Cripple Creek, Colorado.

Ultimate Texas Hold’Em

When I mention any metrics related to house advantage or element of risk, it is based on the assumption that players are employing effective strategies. Sometimes these are optimal, sometimes they’re solid basics that are nearly optimal.

As with all of my gambling-related videos, I strongly advise that you familiarize yourself with the correct strategies before you start playing. Neglecting to do so can lead to significant losses.

I've done the best I can.. Next While some games on my list might not require strategy beyond selecting your bets, which is still crucial, the expectation is that for skill-based games, players should understand how to play effectively.

However..

Determining the exact element of risk or house edge can be challenging since rules can vary greatly from one table to another, across different casinos, and even between states. Finally, what did I want to say? The rules can differ significantly, so I'm aiming to highlight games that are well-regarded and have favorable rules that can realistically be found. While not every casino might offer these specific rules, in competitive settings, you can explore different sources to discover who provides the best conditions.

I wanted to say that for

With those initial points addressed, I feel prepared to jump straight into the list.

blackjack

This is a newer variant of poker that has gained significant popularity. Although it’s been around for a while now, it's an easy-to-understand game where payouts are based on the player’s five-card hand value, without the need to beat the dealer.

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The game begins with players receiving two cards and then they have the chance to raise their bet, with two additional opportunities for further raises thereafter. There’s a payout table guiding players on rewards based on their final hand and betting amounts.

video poker

The strategic aspect of this game isn’t overly complex. Just like other strategies, I have them detailed on my website. I also offer convenient, small, laminated cards the size of a quarter-sheet of paper to outline the proper strategy.

Number 10 - Mississippi Stud

By following the strategy provided on my website, Mississippi Stud has a house edge of 1.37%, and I consider anything under 1.5% to be quite competitive. Thus, it takes the number 10 spot on my list, Mississippi Stud.

On this list, because players commonly use an American double-zero wheel, roulette has a house advantage of 5.26%, which isn't great. woo-inner-02 However, if you’re willing to seek out the right wheel with a single zero and have a substantial bankroll for a $100 minimum bet, you can mitigate your losses. Should the ball land on zero while making an even money bet, you'll only lose half of your wager. This effectively reduces the house edge to a much lower 1.35%.

Number 9 - Roulette

So there you have it, roulette- but only if you locate one with a single zero and offers a half-back on a zero result for even money bets. Once you find that option, focus solely on even money bets. Avoid everything else, because landing on zero will result in losing your entire bet unless you placed it on zero.

Here's another straightforward game that's quite enjoyable to play.

It’s akin to betting on a coin toss. If you consistently bet on the banker, as you should, you can benefit from a low house advantage of 1.06%.

Just remember that betting on a tie, player pair, banker pair, or any other side bets causes the advantage to rise to 1.24%. Really, it is best to focus solely on the banker, ideally only that option. While this isn't everyone's strategy , opting exclusively for the banker is the way to achieve a lower house edge.

Now, I hesitated to put

I hesitated a bit before including Pai Gow on this list since it can be harder to find in some smaller markets.

Despite that, it's a fantastic game with a mere 0.08% house edge when banking, and 1.98% when not. If you're playing alone, you can bank half the time, which leads to an average house edge of 1.03%, making it a very appealing option.

Moreover, Pai Gow is a low volatility game, averaging only 30 to 40 hands per hour, with plenty of pushes. So for those looking to minimize risks, Pai Gow is an excellent choice. It's also quite a stimulating game.

roulette

The rules might be a bit intricate to grasp , but if you're seeking a rewarding challenge in the casino, I highly suggest giving it a shot.

However..

French rules There you have it, number 9, roulette.