We can’t deny the fact that while playing casino games, anyone looks forward to make quick wins. Let me break this to you. Casino games that have favorable short-term odds such as Pai Gow poker, Blackjack and Baccarat could help you in doing this. Selecting games that have this level of probability is enough to help you acquire small payouts and at the same time, sustain your bankroll.
The thing is, there are also casino games that come with low short-term odds. Thus, increasing your odds of losing money.
This does not necessarily mean that your wagers to these games are automatically bad. At the end of the game, some casino games have poor odds in short run and still, players have low edge on the house. Then again, you have to focus more on your bankroll whenever you are playing volatile games that do not pay well in short term. I’m not saying that you should avoid these games in a casino whether online or offline, but it is just to set your expectations.
As a matter of fact, slot machines have a nickname in the casino world as “one-armed bandits”. There are two good reasons for these:
- They’re operated through levers than spin buttons and;
- They’re the number one suspect for taking money
Reality is, slot machines are not as hard as what most think on the player’s bank roll. There are slots that do offer 97 to 99 percent RTP or Return to Player.
Meaning to say, they have 1 to 3 percent house edge. But just because slots have low house edge, it does not mean that they will be blessing you with huge payouts right there and then.
Still, slot machines are volatile which means that your short-term results wouldn’t match the long-term results. It’s for the fact that there are numerous variations between the biggest and smallest payouts.
Poker and DFS Tournaments
DFS is an abbreviation for Daily Fantasy Sports. Generally, it seems to favor the player’s odds. This is because such games require player’s skill to win and rake big profits. Some poker as well as DFS seasoned players end up becoming a millionaire all because of their skills. This is common instance among pros that win major tournaments and multimillion-dollar payout.
If that’s the case, then what’s the problem with these games? That lies on the fact that there’s a small percentage of field cashes in these kinds of events. Just 10 to 15 percent of field is earning money in major DFS tournaments or multi-table poker tournament. Both poker sites and DFS sites are taking 10 percent profit from entry fees.
So when you are playing in PKV games, you have to be mindful with what game to play to increase your odds of winning.