Gambling 101: What Are My Chances of Winning?

It is no secret that luck plays a huge role in the likelihood that you are going to win at casino games. While there are quite a few so-called “professional” gamblers kicking about, almost all of them will attribute their success in some of their biggest wins to an element of fortune – it is how to navigate the variables caused by probability that is the question.

While luck is crucial to success, the role it plays will depend on the game that you are playing. In this post, we will take you through some of the most common casino games to highlight those which you should play if you are interested in increasing your chances of winning. From the highest probability to the lowest, here goes!

1. Blackjack

One of the reasons why blackjack is so popular among gamblers the odds of beating the dealer are around 49 percent. Seeing as the dealer relies on a similar degree of luck to win as the players do, you play without too much chance of losing too much money – providing that you are willing to play for long enough for the odds to even themselves out!

2. Craps

Another game that has odds of winning of almost 50 percent is craps. The dice-based game involves players making bets on the outcome of rolls of the dice. Making a pass-line wager on whether the shooter will win or not will give you a 50:50 chance of winning. However, if you make more specific bets, there can be a significant increase in risk and reward.

3. Roulette

Given that the roulette wheel has 38 numbers on which are split into red and black, it will come as no surprise that the odds of winning are pretty much 50 percent if you bet on the pill coming to rest on either of the colors. If you throw caution to the wind and bet on a specific number, the odds of winning lengthen dramatically, but it is this ability to select your risk that makes the game of roulette an enduring casino classic.

4. Baccarat

Baccarat is a game that was invented in France but which has spread to casinos all over the world in recent years. The odds of winning are smaller than in the first three games in this list at around 45 percent. Nonetheless, part of the attraction of this game is the high buy-in price which gives players the opportunity to both win and lose big. 

When we move past the four games on this list, the odds of winning significantly decrease. It is hard to assess the odds of winning at poker because it depends more on skill, but Wheel of Fortune has winning odds of around 4/1, while the chance of winning at slots is incredibly small. If you would like to learn about the odds of winning at an online casino, check the small print on any live casino games before you start playing.