Casino games with the best odds

'Wizard of Odds' Uses Math To Beat the Casinos
August 4, 2015 – 11:20 am
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Michael Shackleford, also known as the Wizard of Odds, uses math to improve his gambling.
Credit: Michael Shackleford

Michael Shackleford is better known as the Wizard of Odds. Shackleford, a trained actuary (a business professional who assesses risk and its financial impact), now makes his living analyzing casino games. He is also an adjunct professor of casino math at the University of Nevada, Las Vegas.

Q: What is it about casino games that interests you?

A: I just enjoy the challenge of trying to calculate the odds of every casino game, and I enjoy math in general, and I enjoy gambling, so it's a good way to combine two interests of mine.

A: Yes, absolutely. I've been gambling as long as I can remember.

Q: Even before age 21?

A: Even before age 11.

Q: So can most casino games really be beaten with math, or are the odds too stacked against you?

A: In most games, the odds are stacked against you to begin with, and there's nothing you can do about it. However, in games of skill there usually is some kind of an angle you can use to beat the game.

Q: What are some games in which math can be most helpful?

A: Well, blackjack, as most people know, can be beaten by card counting.

Q: Is that legal?

A: Oh, that's absolutely legal. And another good example is video poker, which can often be beaten over the long run.

Q: What is the best casino game to play?

A: I kind of don't like the question, because it ranges depending upon the specific casino that you're in, and what your specific strengths and weaknesses are, and what game you particularly find interesting. And that's why you get some advantage players playing poker, and some play blackjack, and some play video poker and some are sports bettors, and others do other things. So, you know, it's like asking a businessman what's the best business to get into to make money. It really depends on the individual.

Source: www.livescience.com
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