A key knowledge you must-have when it comes to gambling is that all gambling is related to math, and math is very important when it comes to gambling in casinos. If you are not using math, then you are not winning. You simply need to be able to do some calculations for you to have a chance at winning. Understanding the math in casino gambling is the only way to secure long-term profit in casinos.
Many casino gamblers ignore math, mostly because they think it is difficult, and they don’t think they are good at it. But casino math is simple and can easily be understood. Once you get to understand the math, you’ll realize how much it could have saved you in the past.
Very few gamblers use math, and even fewer use it correctly. Not knowing that every gambling activity has mathematical principles and probability behind it. To have a great gambling experience, you need to understand casino math.
Understanding casino math will teach you how to take advantage of casino bonuses and promotions, especially in some 100% welcome bonus casino sites. This article will teach you six facts about math all casino gamblers need to use to stay winning.
The House Edge
The house edge of a casino is a very important concept gamblers need to understand, to have a shot at winning bets. House edge is the percentage used to compare casino games and gambling opportunities. So, you should note that the games with the highest house edges are the games that are most difficult to win. Therefore, it is most advisable to play games that have a low house edge.
House edge is the percentage of money the casino gets as profit on every bet you make. And every game has a different percentage. For example, if you bet $2000 on a slot machine that has a 10% house edge, the casino takes $200 of the money you bet as their profit.
The Return to Player Percentage (RTPP)
The return to player percentage is also a very important concept gambler must understand. It is the opposite of the house edge. RTPP is the percentage of your bet that returns to you. Which implies that the addition of the house edge percentage and return to player percentage equals 100%. Just as you should play casino games with a low house edge, similarly, you should play casino games with high RTTP.
For example, if you wager on a slot machine that has an RTTP of 90%, and you bet $1000, you get back $900 and would have lost $100. The same goes for other games.
Math with Cards
There is math to do when you play card games, so it is important to learn some simple, basic mathematical facts about cards to increase your chances of winning. This math is simple to learn and worth the little time you will spend mastering it. Know that a basic deck of cards is built using 52 cards in 4 suits. And each suite has 13 cards, from ace to king. The deck has 4 cards of each rank.
This knowledge is important because you can calculate the probability of the card you’ll draw. For example, if you have a spade, and you are drawing again, you already know that the second card is going to be a spade 3 out of 51 times since there are 51 cards. You can also determine how many cards are left in the deck that will help your hand and how many wouldn’t.
Math with Dices
The most popular casino game that uses dice is craps. To play this game and any other dice game, you’ll need to know some facts about dice math. Dice math is one of the easiest to learn and very necessary to understand.
A die has 6 sides, which means it has only one possible outcome when rolled, and on average, each outcome happens 1 out of 6 times. This means you have a 1/6 chance to roll a 2 on a die. And for games like craps that use two dice, you are going to roll a pair of twos’ 1/36 times on average.
Math in your strategy
In creating a betting strategy, you can make use of math. Once you understand the house edge and RTPP, you can take advantage of it. Learn how to push the house edge lower and RTP higher. Math is vital in every casino game strategy. For example, in blackjack, you use math to determine the best way to play each hand, the same goes for video poker. These strategies are easy to learn as long as you make an effort. Also, some games don’t operate with any strategy.
Several strategies have Several strategies have already been created for different games, so you don’t have to worry about developing a good strategy yourself. Take time to read gambling books, so you discover different strategies and find which work best for you.
Math in your bankroll
Basic math is vital when dealing with your bankroll. You’ll need to do some calculations to determine the amount to spend when you want to gamble and how long your bankroll should last. For your bankroll to last longer, it is most advised that you bet the lowest possible cash.
First, you need to know the house edge and bankroll of the game you decide to play, with that, you can determine how long your bankroll should last. Simply divide your bankroll by the house edge to determine the actual amount you can bet before your money finishes.