Learn Casino Math

Learn Casino Math

17 Jun 2009 | 16:51 Author: Alejandro López

What kind of basic casino math do you need when playing casino games? If you can do basic operations, addition, subtraction, multiplication and division, you have all the math you need for casino gambling. No algebra or calculus is required.

Uses of Basic Casino Math

Why do you need basic math for casino games? Why do you need any math at all? The reason revolves around odds and probability. Every bet in a casino, in fact, every gamble, is an odds proposition. If the odds you are paid off at are longer than the true odds of an outcome, you have an edge. If the true odds are longer, the casino has the edge. Of course, all casino games are designed to give the casino the edge.

Using Basic Math Against the Casino

So if you know the casino has the edge, how can math help you? It can help you in a number of ways. First, it can tell you just how much of an edge the casino has. If the true odds of an outcome are 4-to-1 and you are being offered 3-to-1, you should be much more inclined to take the bet than a situation where the House is offering you 10-to-1 and the true odds are 100-to-1. Most people will always go for the higher payout, but if you understand the casino math, you will know which bet to take in order to minimize losses and potentially maximize wins.

Other Uses of Basic Casino Math

You can also use math for simple things, such as making sure you are paid off correctly. Although dealers are well-trained, they can occasionally make a mistake, and if they make a mathematical error that hurts you, you want to be able to point it out. In addition, basic casino math can help you manage your bankroll. You don't want to put your whole bankroll at risk in one shot. If you can figure out the House edge in a game and how many sessions you want to play, you can calculate what stakes you need to play at to make your bankroll last as long as you need it to.

So which bets are good and which ones should you avoid? Here we list the best casino bets and the worst wagers.

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