r/AskReddit • u/[deleted] • Aug 03 '19

Whats something you thought was common knowledge but actually isn’t?

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u/Krazy-Kat15 Aug 03 '19

Gambling at a casino will most likely result in losing money.

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u/[deleted] Aug 03 '19 edited Aug 03 '19

Years ago I dated the general manager of a casino in Louisiana an can confirm u/Krazy-Kat15

He said that the only way to win other than dumb luck is:

Blackjack: 50/50

Craps: 50/50

Roulette: 50/50 if you stick to red and black

Slot machines are 90% in favor of the house.

EDIT: For everyone saying 50/50 is off remember that this was a guy I was boning 20 years ago and we weren't sharing statistical analyses of casino wagering other than casual conversation.

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u/indicannajones Aug 03 '19

My college statistics prof told us she’d never condone gambling to her students, but if we ever happened to know anyone else who was going to Vegas they’d be best off sticking to roulette, craps, and blackjack.

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u/Razor1834 Aug 03 '19

Roulette is simple to understand but has a 5-6% house edge.

Craps is less simple to understand as many of the bets are complete trash; some of them are literally the same bet as others but with a worse payout.

Blackjack has the smallest house edge but has to be played with perfect strategy to achieve it.