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INSIDE THE CASINO'S HOUSE EDGES: PATTERNS AND MORE PATTERNS

Everycasinoplayer (or just about every one) knows that the house has a mathematical edge on the games being offered. The edge works consistently. That is why the house over time will come out the winner in human versus house competition.

That time period could be short, medium, or long but it does come eventually or, yes, it can come right now. You could lose your first bet and never get a winning history in your ledger.

Players who are not aware of this fact are asking for trouble because they dont know what is really happening when they play the casinos games.

Only a few players (make that very, very few and they are far, far between too) can get the edge over the house by skill as opposed to by luck. Skill can last; luck is ephemeral. Anyone can get lucky in the casinos.

However, there is another ingredient in all casino games that most players tend to overlook and that is the pattern of how a game plays itself out. Does roulette play itself out the same way that blackjack does? Maybe and maybe not. And what about all those other games, too? Whats with them?

So, lets take a look at the patterns of some of the games and what you can expect if you play them.

[Please note: Many players do not understand how to translate the house edge of a game into cold, hard cash. If the house edge is 10 percent that means the player will lose 10 percent of all the money he or she wagers. So, you bet $100 and the gboslot expected loss over time will be $10. Some games have low house edges and some games and bets in some games come in with outrageously high house edges. Players should know which are which. Those edges are cash to the casinos!]

Roulette

This is one of the oldest casino games and it has been a favorite of players all over the world since the late 1600s and it is a real (real!) favorite of casinos all over the world too. If you were a farmer, roulette would be your cash cow.

There are three types ofroulettegames found in casinos today. From best to worst, they are the single-zero wheel (0) which is called the European/French game with a house edge of 2.7 percent; the double-zero wheel (0, 00) which is called the American game with a house edge of 5.26 percent, and the newest one which I call the Yuck triple-zero wheel (0, 00, 000) which has a 7.69 percent house edge.

There are 36 numbers on a wheel (1-36) along with those zeroes. The payout of a single number hitting is 35 to 1 on all the above games. You have a one in 37 chance to hit a single number on the single-zero wheel; a one in 38 chance on the double-zero wheel; and a one in 39 chance in the triple-zero wheel.

If you want to bet just one number, you will have many long losing streaks; after all you have all the numbers on which you arent wagering hitting as often as the one number you want. The wait for a hit could be almost interminable.

Now, some players decide to bet straight-up on multiple numbers, which is called inside betting, and this increases their chances to get a hit. Of course, more money is usually being bet to go with those multiple numbers. The pattern is that youll have more hits but you will ultimately lose more money because you are probably betting more money.

Interestingly enough, there are other bets at roulette that can change the above pattern. These bets wont change the house edges but they will give you more numbers that can hit without having to make multiple bets. On such propositions as the dozens, the columns, the inside combinations, the even-money bets of red/black, high/low, and odd/even, a single player bet can cover many numbers.

The more numbers you are covering, the better chance long losing streaks wont occur. Of course, a single-number wager brings in 35-to-one, while the multiple-number proposition bets bring in far less money.

The higher the payout, the better chance for a long losing streak. The bets covering more numbers will mean far fewer long losing streaks. Those are the two extreme patterns for roulette, longer losing streaks with bigger wins or shorter losing streaks will smaller wins. The player chooses what the player wants.

And, yes, some players bet all over the place. They are not restricted to one or the other types of bets. They have at it so to speak. The pattern for these players is simple they are all over the board and so are their wins and losses!

The players can take their pick of however and whatever they want to bet and enjoy or cringe at the pattern or patterns they have selected. Thats the game.

Blackjack

This popular game is todays favorite casino table game by a wide margin. Every decision that a player makes against the dealers face-up card impacts how the player will do at the game. How the player plays will dictate how well or how poorly such a player will do. Thats a short and sweet point of it all.

To be good at this game requires knowledge ofbasic strategy, which is the computer-derived strategy for the play of every players possible hand against the dealers up-card. It is one of the few games that some small number of players can actually beat if they know how to count cards. (How many players can do that? Not many. But some!)

Blackjack surpassed craps and roulette in the rankings in the mid-1960s with the publication of Edward O. Thorps famous card-counting bookBeat the Dealer. That book stimulated players to give this game a try. Indeed, few players could learn tocount cardsbut the game became a hot item and still is.our-fold or more.