sob_125 asked:
Maker-makers for the casino, not the player.
You wouldn’t believe how many Slot myths I’ve seen online on the websites where one common myth is that “there are the worst gamble in a casino”, so which they reply there are, get this, MANY other worse gambling in a casino. The only others that might be worse are if the casino has the spining wheel or Keno.
THAT ARE THE WORST GAMBLE IN A CASINO WITH A WHEEL OR KENO, WHY DO YOU THINK THEY HAVE SO MANY???
2 Comments on "Why do they say slots are not worst gamble in a casino when yet they make the casinos so much money?"
Keno is by far the worst, and it’s not close. Basically that is a game that preys upon people who want to hit a “big score” just like the state-run lottery (although lottery money goes towards education instead of a casino company’s profit margin). The house advantage is around 25-30%.
Depending on what other types of games that the casino offers, slots may be either second, third or fourth. The house edge on slots depends on the type of machine you are playing. If you are playing nickel slots, the house edge is around 15%, at 25 cents, it’ll be 10%, at $1, it’ll be 7.5%, and if you’re a really high roller playing $25/$100 slots, it’ll be in the neighborhood of 4-5%.
The lowest house advantage is Blackjack which typically is around 0.25%. Craps has around a 1% house advantage, depending on what you are betting.
Why do you make so many posts trashing slots, and saying the casinos cheat you? If you think it’s so unfair, quit playing. Otherwise, you are just an idiot.
And Ken, blackjack does NOT have the lowest house edge. A typical blackjack games has a house edge more like 2%, and that’s assuming you play perfect basic strategy. The pass line or don’t pass line with odds is the best bet in the casino. A pass line bet with double odds has a house edge around .5%, and with 10 times odds, it’s more like .001%.