Why do they say slots are not worst gamble in a casino when yet they make the casinos so much money?

1. Ken June 30, 2008

   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.
2. Vegas Matt July 3, 2008

   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%.

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