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Live Casino Odds Explained

Some might say that the emergence of the live casino has revolutionised the online casino industry, and we’d have to agree. The live casino takes all the grandeur and excitement of Las Vegas or Monaco and delivers it right to your desktop, where you can enjoy it from the comfort of your home. Rather than spend exorbitant amounts of money on travel expenses or fancy clothes, you can simply log in to your casino account and start placing bets on your favourite games with a healthy bankroll.

How do live casinos work? It’s actually quite simple. A studio is set up to look like a casino floor, with real tables and real dealers. Cameras are positioned all around the tables in order to capture as much of the action as possible, and then the video feed is live streamed to your PC. Some live casinos also stream to mobile devices, so no one is left out of the action. The dealer can communicate with players by talking directly to the camera, and players can respond using the chat function embedded in the screen and place bets just as they would with an RNG game. Games on offer usually include blackjack, roulette, poker and baccarat, and these four games generally have the best odds. Live versions of craps and pai gow are also common, and the most recent addition to the live casino games library is live slot games.

How Live Casino Odds Work

The next question you’re probably asking yourself is “How do odds work at live casinos?’ Odds can be a little confusing, so we’ll try to keep it simple. With live casino games, the odds refer to the chance you have of winning money while playing a particular game, and, of course, how much you’re likely to lose compared to the amount you spend on wagers. As previously mentioned, Poker, blackjack, baccarat and roulette have the best odds, with blackjack coming out on top as a game that will likely prove fruitful when it comes to winnings. Slots, however, have the worst odds because they are games based purely on luck, meaning it’s almost impossible to play with any kind of strategy that could improve your chances of winning. The fact that these games are now being played on computers and mobile devices, means it’s now possible to get a much better idea of the odds of each game because the statistics of wins and losses has been gathered over a long period of time.

Blackjack vs. Roulette

When it comes to roulette, the house edge (or the odds of losing) decreases quite markedly if you play the European version rather than the American version. This is because American roulette has an extra pocket, the double zero, and therefore the odds of winning are 1 in 38, rather than 1 in 37 for European roulette. The odds for roulette also change depending on the type of bet that you make, for example, betting on a number combination gives much better odds than betting on a single number, and betting on either red or black gives you a 50/50 chance of winning.

Blackjack is probably the best choice for beginners or players with a low budget because it gives the best odds in a live casino setting. The games is easy to play and the fact that you’re only playing against the dealer means that you don’t have to factor in being beaten by a more experienced player. The trick here is to make sure that you choose a game where the dealer has to play if they draw a soft 17.

Get the Best Live Casino Odds for 2018-19

If you’re hoping to get the best live casino odds, you’ll need to do some homework. Start by comparing the odds on all the different versions of the games that you’d like to play. Poker, for example, takes many forms, such as Texas hold’em, Seven Card Stud and H.O.R.S.E and each of these will offer different odds depending on the blinds, the limits and whether or not a joker is in play. A little research goes a long way, but ultimately the odds are just a guide and you need to keep in mind that there are no guarantees. If lady luck is not on your side, then unfortunately even the best odds won’t get you the jackpot!