I wish to first explain the meaning of the “house edge” before we get into the games with the best odds. What this means(in basic terms), is that the house edge is computed by taking the player’s bet into consideration. There are two main reasons why some players fail.
1) The actual payout is very different from the odds of winning.
2) The player will begin to lose eventually. The overall winning streak is far below what happens in the losing streak. That means, that the player has chosen a game based on bad odds.
We are here to fix this today. Below I have some online Canadian casino games that do have more favourable odds than others.
American Roulette
There are so many versions available, that you are going to be hard-pressed to find a casino that does not carry the game. The American version has 38 pockets(which is the only difference between that versus the French and European versions). You have numbers 1-36. You also have a green zero pocket. In this version, you are going to have an extra pocket with two zeroes. That means that your overall ratios of high probability bets have just been decreased. On the one hand, your losing outcome ratio will be much stronger than your winning outcome ratio. However, the payout is an equal 1:1. That ratio puts the payout(to the player) at about 95%. he house edge sits at just above 5%(which is very low). The payout ratio is very high compared to some of the others. That alone is the reason why it makes the list.
Caribbean Stud Poker
The casino edge is just about 3%, but only if you use an optimal strategy. This one is kind of familiar to five-card stud. It was adapted to go up against the dealer. Here is where I want to get into some of the stats. In this game, most players fold a little over 40% of the time. On the flip side, they raise just a little above 50%. You also have to keep in mind that more than 20% of the dealer’s hands are not going to qualify. Now that you have some of the basic stats to think about, we can deduce two rules to abide by. a) You can raise(if you choose to do so) anytime you have a hand with a pair or higher. b) You must fold every time the dealer outranks your hand(which is usually with an Ace and King). That is why this game makes it onto the list.
Craps
Once again, you need to keep in mind the house edge( which is a little over 1%) if you apply your best strategy. Many consider this a simple game because you are dealing with a pair of dice. However, there are many ways the game could go(based on the outcome of the dice). Craps is not as simple as it appears to be. There are only 36 dice combinations to get from the game. That leads us to some probability stats and odds. a) Seven has the highest probability(a little over 16%). You can also have six combinations. b) You have about a 13% probability rate if you roll a six or eight(which is five out of 36 odds). c) You are going to find that two and twelve are your least favourable numbers. The reason is that you have a 1 in 36 shot of rolling them(which is about 2.7%). The other thing to mention involves the number seven. Some assume that seven is a lucky number. In the game of Craps, it is not. It can be one of the more hated numbers on the dice. Please do not put all your eggs in one basket with seven.
French Roulette
Once again, you could have a house edge with a little over 1% if you play your cards right(aka using the best strategy). There are two rules(combined into one) that set this version apart from the others. a) Any player who places an even chance bet on zero will win half of their wager. They have the choice to walk away with their money or keep it on the table(for the next round). That is why this game has become popular with players online(in Canada and elsewhere). It has more favourable odds for winning.
Bacarrat
Okay, this is the final game to talk about in this blog. There are a few versions of Bacarrat, but they all have four main elements. a) There are only two hands per person. It does not matter how many of you there are. The two hands are called Banker and Player. b) The player with the hand closest to nine wins. c) The game can either result in the Player winning, the Banker winning, or a tie. d) The face cards(the ones up) and Tens have no value at all. Aces cards are only worth one. The rest of the cards are calculated by their number(an 8 is worth 8). The house edge is only about 1%(overall).