Post #38 – A Night at the Casino

Post #38 – A night at the casino

Disclaimer – The following post is not intended to diagnose, treat, or cure any disease or sickness. Please use caution if any parts apply to your specific situation and contact a health care professional for further advice. 

 

Howdy everyone! Thanks for reading again this week. Please don’t hesitate to reach out with any questions, comments, or ideas for future posts! Remember to follow and share.

Quick POTS update – I had surgery this week on my nose (deviated septum). Crazy how the autonomic nervous system is challenged when going under general anesthesia. My heart rate dropped to the mid 30’s and stayed in the 40’s for a couple days afterwards. I have read that POTS patients struggle with recovering from anesthesia more than the typical population. Reach out if you have POTS and are going to be going under the knife is the near future. Would love to give you any tips 🙂

 

A Night at the Casino

In this post we will get the Dude With POTS scoop on your chances of walking out of a casino with more money than you walked in with. I admittedly like to gamble a little bit, but It can be a very dangerous hobby to partake in if you are not in the right frame of mind. That being said, I do believe that when budgeted appropriately, going to the casino can be a responsible form of entertainment.

Anybody who is halfway familiar with casino games has heard of the infamous “house edge”. This is the probability advantage the casino has over the players. Basically the higher the house edge, the worse odds you have of winning any money. I will make this short and sweet for anyone who couldn’t care less about the statistics I am about to kick out. Your highest probability of walking away from the casino not down any money, is to get to the front door and then immediately turn around and walk away haha. THERE IS NO SUCH THING AS A WINNING STRATEGY AT A CASINO. The games are created to have a negative return for the players in the long run. But..if you must go play, here are the numbers. *The following review is only of casino games I have familiarity with*

 

The following stats were taken from a variety of websites, including

https://www.vegasslotsonline.com/odds/

https://wizardofodds.com/games/craps/basics/

 

KENO – House Edge = 21-25%    Keno is basically the lottery, only the numbers are drawn every 20 min or so. Not really 100% sure. I’ve only played Keno once. And lost. Seems like it would be a legit game if you are just chilling in a restaurant lounge or bar. But it has the worst odds of winning.

*yes there is a difference between probability and odds. We won’t go into it here. Venmo me $10 and I will explain it to you in a 1 on 1 message session*

SLOTS – House Edge = 2%-25% Oh slots. The most popular (and arguably the most addicting) game at the casino. What makes them so attractive? The bright lights? The sounds? The jackpots? Slots are incredibly easy to play too. You literally just sit there and push a button. Slot machines vary immensely in their payout percentages. Washington State gambling laws require slots machines pay out a minimum of 75%. That means for every $100 put into the machine, it will pay $75 in winnings. Of course 75% is the minimum and it can go as high as 98% (word on the street at least). Washington also doesn’t require casinos to publicly report their payout percentages. So… PROS of slots – you can win a LOT of money if you hit a jackpot. Easy to play. CONS of slots – in order to pay those jackpots they WILL suck in most of your money. Your better off opening up an IRA and investing that money 😉

Roulette – House Edge = 2.7%-5.26% (depending on how many zeros are on the wheel). Roulette is a good one for playing with a big group of people. Nothing quite like the adrenaline of a table BEGGING for Red 23 to hit. Most roulette tables that I have seen have the green zero AND green double zero. This means worse odds of winning for the player. People like to joke about their casino strategy being “put it all on red”. At a roulette table with two green zeros, you have a 47.36% of winning if you place a bet on “Red”. There are lots of bets you can place on a roulette board, none of them with winning probabilities higher than that.

3 Card Poker – House Edge = 3.37%. Like most table games, there are many different versions. A common version of 3 Card Poker I have seen, gives the house a 3.37% edge. Some people love this game. I’m not a fan. It costs a lot of money to play, but if you win you win quite a bit. I don’t judge you if you play this game, but I will laugh at you. Unless you win, buy me a drink please!

Pai Gow – House Edge = 2.84% Pai Gow is a special game. It has the potential to pay out the most money of any game in the casino. If you get a 7-Card Straight Flush, the game pays 8,000 to 1. Which means at a $5 minimum bet, you would win $40,000. This is gonna sound crazy, but I have actually never seen this happen. Pai Gow is a good game to play if you have like 3 hours to kill and 100 bucks in your wallet. You don’t win a lot, but you don’t lose a ton either. There are lots of “pushes” which means you tie with the dealer. It is a LITTLE complicated to play so you should practice a bit at home first.

Craps – House Edge = 1.44% One of the most popular games at the casino, especially for the “high rollers”. That term probably came from this game if I had to guess, because you roll dice. Craps is complicated to calculate the odds of winning because there are so many different bets and ways to play. There are some REALLY STUPID bets that leave you with little to no chance of winning. Doing some research and getting an estimated overall probability of the way the dice will land over time, the house has a 1.44% edge. Which is pretty decent for the player if they are going to gamble anyways. They key is to only play the “smart” bets. This isn’t a blog post about how to play craps though, so learn it yourself. The main reason I don’t play a lot of craps is because it takes a lot of money out on the table in order to win money.

Spanish 21 – House Edge = 0.40 – 0.76% The second best game in the casino as far as winning percentage goes. Spanish 21 is a special type of blackjack where the four 10’s are removed from each deck. The actual house edge will depend on how many decks are in the shoe (the name for the stack of cards being dealt), as well as how smart the player plays. Like with most table games, there are ways the casino tries to sucker you into making dumb decisions and silly bets. The odds of winning also can change based on the rules at that table, such as if the dealer hits or stands on a soft 17. UNDER THE PERFECT SETTING and PERFECT PLAY, Spanish 21 actually has the best odds in the casino.

Blackjack – House Edge = 0.50% First a quick excerpt from a website talking about blackjack: “The house edge in blackjack is around 0.5% if you use basic strategy. Of course, that 0.5% can go up or down based on your skill level. Most players are bad enough at blackjack basic strategy to give up another 1.5% or so to the house, making the house edge around 2%.” Hahahaha. This is basically the motto of every game in the casino. “MOST PLAYERS ARE BAD ENOUGH…”. Ultimately blackjack gives you the best bet at walking away from the casino with money in your hand. But even with PERFECT blackjack strategy, you can still expect to lose 50 cents for every $100 you bet.

I look at going to the casino as form of entertainment. I take exactly the amount of cash I am ok with losing, and I NEVER use the atm and take out more cash there. And more often that not, I walk out with zero dollars in my wallet 😊

Disclaimer- I was not paid or given any product/services for free. This review was made purely from my own will.

 

Thanks for reading! Please contact me for any specific topics, questions you want answered, or reviews you want!

Jarod Gunning – Dude with POTS.

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