Gambling infographic: Why the house always wins & some games are worse bets than others
"All In," this week's cover story on University of Denver professor Robert Hannum and his research on probability and gambling, discusses how casinos try to keep enough of a house advantage for steady profit without driving players away. But some games offer a considerably higher house edge than others. So what diversions should a smart player stick with -- not necessarily to walk away a big winner, but to lose more slowly?
The chart below shows why craps and single-deck blackjack (for a player with some grasp of strategy) are better choices than roulette, slots or the real sucker bets, like keno. For a more detailed explanation of the hard numbers behind the hard luck, check out Hannum's online Guide to Casino Math.
Click the image above or click here for a larger version of this graphic.
Get the Weekly Newsletter
Our weekly feature stories, movie reviews, calendar picks and more - minus the newsprint and sent directly to your inbox.
- Senate Committee Approves Medical Marijuana for Veterans
- Reader: Denver Is Full of Smokers and Beta Males Who Refuse to Grow Up
- Denver Health To Limit Patients Passively Enrolled In Its Medicaid Plan