June 10, 2010, 5:50 am
 

Absolutely the Best Bets in the Casino Based on House Edge

Visiting a casino can be an overwhelming experience for a frugal person. You want to have fun, but you don't want to go crazy with gambling. And you shouldn't. Money management is a must in the house. Before you enter the la casa, let us brief you on the best bets you can make there. Avoid all the sucker bets around, plan your bankroll and you will be fine.

Here now are absolutely the best bets in the casino. You will probably not find them all in the same house, but if you find any or some of them, those are the ones you should be playing.

Baccarat

Baccarat has an extremely low house edge, just over 1%. Bet on the bank all the time to get the best bang for your buck. Oh, and never bet on ties. Barring games that can be played with some special strategy, baccarat has the lowest house edge of all.

Blackjack

To get the maximum benefit in blackjack, you have to use a basic strategy card for the game you are playing. Don't worry. It's easy to buy those cards and it is okay to bring them with you to the table. Single deck blackjack is most desirable, but double decks and four decks are okay too. Even six and eight deck blackjack have a house edge of less than 1% if played with perfect basic strategy.

Craps

Don't let the strange terms you see and hear confuse you. Just make the pass line bet and add a free odds bet. The odds bet is added to your original bet and is the same bet multiplied by twice, five times and so on. The higher the multiple you are allowed, the lower the house edge gets. If you can make a pass line wager plus a 100x odds bet, the house edge plummets to 0.02%!

Video Poker

If you have some time and dedication, you should definitely play video poker. Some of these games have a negative house edge if you play correctly. That is, the casino stands to lose money to you if you keep playing well. But the downside is you have to spend a long time studying video poker strategy cards so you can earn this money. That said, we still recommend playing some of these games, even for fun only. We recommend 9/6 Jacks or Better, Full Pay Deuces Wild, Pickem Poker and Double Bonus Poker.

Slots

Slots generally aren't worth your money; you'd lose too much in them. However if you find a slot machine with a 98% payback or higher, you should grab the chance and play.

Playing in a casino is meant to be fun. Even if you lose money, you should be happy you spent it in enjoying yourself. But you should still carefully manage your bankroll. If you handle your bankroll wisely, you will not only avoid trouble, you will also be saving for more gambling fun.