Our Top 10 Casino Games with the Highest Payouts
Hitting a jackpot can change your life, and the best way to do it is play casino games with best odds. Most people think of winning a casino game is purely a matter of luck. However, a casino game’s outcome is purely based on statistics and probability.
You will have a better chance of winning any game that has a lower house edge, and therefore better odds, than one with a high house edge. It is with that in mind that we decided to review casino games with best odds. Read on to find which games give you a better chance of winning a golden jackpot.
So, what Casino Games offer the Best Odds?
1) Blackjack – House Edge from 1%
To many gamblers, Blackjack is the best game to play at casino to win money, especially if you apply a basic winning blackjack strategy. This table game has a house edge, or advantage, of an average 1%, which gives the player a winning advantage of 99%. Without a strategy, an average player will face a house edge of 2% to 3%.
When using the basic playing strategy below, you must not alter based on any hunch that you have concerning the game’s outcome.
The only exception is if you are counting the cards. IBM’s Julian Braun was the first to put the basic strategy of card counting to test using computer simulations. This blackjack strategy predicts a particular outcome after millions of hand play.
Blackjack Basic Strategy
|Your Hand versus Dealer’s Up-card|
|8||Double on 5 to 6, else hit.|
|9||Double on 2 to 6, else hit.|
|10||Double on 2 to 9, else hit.|
|12||Stand on 4 to 6, else hit.|
|13 to 16||Stand on 2 to 6, else hit.|
|17 to 21||Stand.|
|A, 2 to A, 5||Double on 4 to 6, else hit.|
|A, 6||Double on 2 to 6, else hit.|
|A, 7||Stand on 2, 7, 8, or A, and Double on 3 to 6, but hit on 9 or 10.|
|A, 8||Double on 6, else, stand.|
|2, 2||Split on 3 to 7, else hit.|
|3, 3||Split on 4 to 7, else hit.|
|4,4||Double on 5 to 6, else hit.|
|5, 5||Double on 2 to 9, else hit.|
|6, 6||Split on 2 to 6, else hit.|
|7, 7||Split on 2 to 7, stand on 10, else hit.|
|9, 9||Split on 2 to 9, but for 7, 10, or A, stand.|
Blackjack is by far the most commonly played games among the high rollers and VIP casino players, due to what can be achieved with a basic strategy. Overall, blackjack is the best casino game to win money if you feel you have mastered some basic gaming skills.
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2) Baccarat – House Edge from 1.09%
Baccarat is among the most popular table casino games and one of the highest payout casino games. Moreover, as you may expect from games with high payouts, the amount wagered is substantial as well. You therefore stand to lose a lot if you do not win, just as you would win a lot if you won. With that in mind, you want to make sure that you only wager when the odds of winning favor you more.
On average, casinos offer Baccarat with an average house edge of 1.09%, which is moderately low. In most online casinos, the players win about 49.32% of the total outcomes, while the banker win about 50.68% of the total outcomes. In order to get the house edge that applies to a “player bet” placed by an individual player, we subtract the probability of the house winning from that of the player winning.
House edge: 49.32%-50.68%=-1.36%.
When playing Baccarat, you need to be aware of the three options available when placing your chips on the table. The three types of wagers you can place are “Banker,” “Player,” or “tie.” In that regard, if you place a bet on the “player” section, the house edge will be about 1.36%. Placing your bet on the “banker” section will lower the house edge to 1.06%, and but if you choose to a “tie” bet, the house edge will rise to an average of 14.4%. Therefore, the tie bet has the worst odds compared to others, while the banker bet has the best odds.
If you are learning how to play Baccarat online, it is wise to keep this page open for the needed info while you play. Best of all though, read and learn all the outcomes before gambling real money.
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3) Roulette – House Edge from 2.7%
Roulette offers varying odds although they ultimately lead to the same house edge on average. For the purposes of our discussion, we are going to use the American Roulette version first, but the calculations will be adapted to get the odds or house edge for European Roulette as well.
For those that are unaware of the differences between American and European Roulette, they are practically identical in every way. Both versions have numbers ranging from 1-36, with each one in either red or black positions. Both wheels are the same in this respect, albeit in different positions on the wheel.
The only real difference that separates them in terms of odds, is that European Roulette has one green zero (0), whereas the American counterpart has the green zero (0) and also a green double zero (00). The American version adds to the House Edge due to the extra position on the roulette wheel.
Let us say you place an even red/black money bet. You will win if the ball comes to a stop on any of the 18 pockets that share the red/black color on the roulette wheel. Your chance of winning is therefore 18/38 or about 47.37%. Since your chance of losing the bet is 52.63%, the house edge will be 47.37%-52.63%= -5.26%.
On the other hand, lets say the bet is on a single number, then the house edge changes. In that case, the bet will pay 35-1, if the exact number hits. The odds of winning the game will be 0.0263 (2.63%), or 1/38. Moreover, while a win will give you 35 units profit, a lost bet will only cost you one unit. The odds of losing the bet are 97.37%.
Therefore, the house edge will be 0.0263 (2.63%)-52.63%= -5.26%.
(0.0263 * 35) – 0.9737
0.9211 – 0.9737 = -0.0526
House Edge = 5.26%
With European Roulette, because it has only the single zero (0), your odds change like so. Betting one chip on red/black or odd/even gives you a chance of 18/37, about 48.65%. Your chances of losing are 51.35%, this makes the house edge only 2.7%. Therefore, there is a 2.56% better chance of winning playing European Roulette over the American counterpart.
What does this mean for casino players?
Fortunately, the majority of online casinos offer both versions of roulette quite freely. Many also have their live dealer version of roulette which make the experience even better. The same applies to many land based casinos, depending on the casino of course. Some do offer both American and European Versions, however the majority of casino players in the united states do have to settle for American Roulette only.
Overall, the biggest advantage of playing Roulette is you do not have to use any special strategy to enjoy the best odds; you simply have to place your bet. If you were looking for gambling games with best odds, and without the need for any special knowledge or strategy, then go for Roulette.
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4) Craps – House Edge from 1.41%
Generally, Crap games have a wide house edge that can be as low as 0.0% and as high as 10%. To be more specific, the Odds bets will have zero house edge, while the Pass Line bet will have a house edge of 1.41%. A Proposition 2 and 12 bet will have a house edge of 10%. As you may expect, where the house edge is zero, there is usually a catch. It could be you need to have made a Don’t Pass Line or a Pass Line in order to qualify to make the bet.
At the Craps table, the average house edge is determined by the total amount you are willing wager. Most online casinos offer 3X odds that brings the average house total to 0.34% for Don’t Pass, and 0.47% for Pass Line Odds. To lower the house edge further, you will need to bet with higher multiples. For a house edge of 0.02%, you will need to bet with 100X odds.
Overall, Craps is well known among gamblers to be one of the casino games with best odds, online and offline. According to many, this is the best game to play at the casino to win real money.
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5) Three Card Poker – House Edge from 3.37%
The Three Card Poker game, which is based on Poker, can be easily said to be a newcomer in the world of casinos, although it has managed to become quite popular. The rise in popularity has been due to its profitability, with most of the profits going either to those who own the rights to the game or to the casino. Most players like it because it does not require one to have a long attention span, thanks to its numerous betting options.
When the dealer wins in a game of Three Card Poker, the player losses all their bets, and if the player wins, they get even money on their Play and Ante wagers. The player’s bets push when there is a tie. On average, when the player has 44.91% odds of winning, the dealer has 55.03% odds of winning, and the odds there will be a tie are 0.06%. Most variants of Three Card Poker have a house edge that ranges from 7.28% to 7.65%. Overall, if you need a game that will break the monotony of traditional casinos games, the Three Card Poker is worth a try.
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6) Slots – House Edge from 2.5% – 15%
Slots are the most popular casino games thanks to their huge progressive jackpots and captivating designs. The huge jackpots combined with a lower house edge when you wager larger denominations mean you stand a better chance of winning the jackpot. Moreover, you can minimize the risk by choosing reliable slots and casinos whether you are offline or online.
Generally, slot machines return about 97.5% to players over a period, but not 100%. If they did return 100%, they would not be profitable to the casino! However, we rarely get to know the probability of getting a winning combination of any slot machine. To do that, we would need to know how many symbols are on each wheel, which is not easy. There are so many different slots that it is not feasibly possible to give an accurate definition of house edge.
Say there are 45 stops on a reel and one of them is a lion. The odds that you would hit three lion symbols in a row on a 3-wheel slot would be (1/45)*(1/45)*(1/45), which is equal to 0.001%.
However, in the real world, the symbols are weighted. Therefore, the lion symbol on the first wheel may have a greater probability of showing than say that on the second or third wheel. You will therefore get a near-miss situation most of the time, rather than a winning combination. Overall, they are a best casino game to win money. Their massive jackpots make them worth playing every time as long as you do it responsibly.
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7) Caribbean Stud Poker – House Edge from 5.2%
Most beginners find Caribbean Stud easy to play and the best Caribbean Stud Poker strategies easy to grasp. Moreover, some online casinos offer you free game-plays, which allow you to learn what you need to know to enjoy the game. The general strategy is you raise with a pair or higher, or you fold if you have less than the dealer’s qualifying hand. The dealer’s qualifying hand can be a King or an Ace.
The average house edge is about 5.2%, but the progressive jackpots make up for the risk you take. Both the Royal Flush and the Straight Flush have the same odds, 50:1. The dealer always pays players from right to left. Therefore, if two players get a royal flush, the player closer to the dealer’s right gets the full jackpot, and the player with the right flush will get just 10% of the reseeded amount.
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8) Pai Gow Poker – House Edge from 2.84%
This game has a house edge of 2.84% when the player does not bank, that is, the player is playing against house rules and not acting as a banker for other players to play against. Most of the edge comes from the player’s lose of a tie to a bank. The rest of the edge comes from the 5% commission deducted from winning hands.
In the event that a player chooses to bank in Pai Gow Poker, they lower the house edge further. For example, if the casinos allow them to bank half of their hands, the house edge drops to 1.42% from 2.84%. Moreover, if the casino allows them to bank more hands, the house edge drops further.
Generally, the 7 Card Straight Flush hand has the least Odds at 5,000,000-1 and a huge bonus payout of 8,000:1, while the Straight hand has the best odds at 14-1, but a small bonus of just 2:1.
|7 Card Straight Flush||5,000,000:1|
|Royal Flush plus two 2’s||2,000:1|
|7-Card Straight Flush with joker||1,000:1|
|Four of a kind||25:1|
|Three of a kind||3:1|
Overall, the more you risk when playing Pai Gow Poker, the greater the payout. It is therefore the best highest payout casino games.
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9) Video Poker – House Edge from 0.46%
Video Poker is quite popular, and anyone who enjoys it always waits for that specific card that will complete a straight flush. While the frequency of hitting various jackpots will vary, there are benchmarks that you can use when playing video poker. Generally, the odds of Video Poker are as follows:
|Royal Flush dealt||650,000:1|
|Royal Flush ending hand||40,000:1|
|Four of a kind||423:1|
|Four Aces with a kicker||16,236:1|
|2’s – 4’s||2,601:1|
|2’s – 4’s with a kicker||6,984:1|
As you can gather from the table, Video poker offers significantly better odds of winning the jackpot than most online games. Moreover, since the game is easy to play, and it follows a simple strategy, most beginners and seasoned players find it fun and enticing.
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10) Keno – House Edge from 5%
When it comes to playing Keno, it is all about numbers, and there is no strategy to lower the house edge. However, knowing the odds can help you not risk too much if you are not able to lose that much. In order to calculate the odds of Keno, you simply need to apply the right formula as we will discuss below. The Keno odds are simply the chances of picking the correct numbers instead of the payoffs.
In Keno, there are 80 numbers, and 20 get selected for a draw. However, the player must first choose 1 to 15 numbers. The player is then paid depending on the numbers they correctly picked out of the 20 that were selected. The formula to calculate the odds that the player will pick the correct numbers is:
To simplify the math, let us assume the players draws 2 numbers of the 20 drawn in order to win.
The total possible combinations that the player can pick are:
The winning combinations are –combin(20,2)=190
To get the winning probability, we divide 190/3160, to get 6.01% or 0.0601 as the probability of picking a winning combination.
The Odds for winning will be 0.0601/(1-0.0601)=0.9399
You may compute other more winning probabilities using the function COMBIN(n,r) from Excel or Lotus. Where n=total possible numbers and “r” is the numbers picked from the total “n”.
As you can see from the math, as the player picks more numbers, the odds of getting all the numbers correct become astronomical. It is therefore best to wager on picking only a few numbers.
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Best Games to Play at a Casino
Overall, the best games to play at a casino are those that have odds that favor you, or allow you to use a simple strategy to win. A good example of such a game is blackjack; such games give you an opportunity to use your gaming skills to enjoy more wins.
On the other hand, if you are a beginner go for games such Keno. This allows you to lower or raise your odds depending on how much you are willing to risk. They do not need you to have any specific gaming strategy. All you need to know is that picking more numbers lowers your chances of getting a win, and picking few numbers increases your chances of getting a win.
When it comes to playing on the internet and winning money with casinos online, the same applies. Overall though, always go for one of the games that make you feel most comfortable and have an enjoyable time.
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