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This goal of this section is to educate and inform about the odds and probabilities of modern casino games. In our analyses and comparisons, you may learn which games offer the best odds for players, which ones offer the worst, and exactly how to arrive at these conclusions.
Hopefully, after studying these articles, you will possess some added knowledge and be well on your way to reducing the house's edge. Before going deeper into each casino game, it is important to know exactly what odds are. Odds refer to mathematics in that they represent a basic probability of a potential outcome and are usually expressed in a decimal or fractional format.
A well-known example is the traditional coin toss before a football match. By flipping a two-sided coin, you know that there are exactly two possible outcomes unless by a quirk of fate the coin comes to rest on edge : heads or tails. The probability of the coin landing heads up is one out of two, expressed 1 to 2 as a ratio.
Another way to express the odds of a coin toss outcome is in percentages. Ask anybody what the odds are, and they will likely reply: "fifty-fifty". Just like a coin has two sides, a roulette wheel has 37 or 38 slots, a standard deck has 52 playing cards, and a die has six sides.
These numbers and the various results of each play represent the probabilities of the games. It is easy to see how math and odds are very much a part of casino gambling.