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I only include house-banked games on these lists in this post. Some gamblers prefer games where no skill element exists.
They just want to relax, take their chances, and try to get lucky. Not surprisingly, the list of casino games that are entirely based on chance is longer than the list of casino games with a skill element.
The house edge, by the way, is not a sure thing. Casino players sometimes walk away from the casino as winners.
Sometimes players walk away winners. Often they walk away losers, but their friends or nearby strangers walk away winners.
But in the long run, over thousands of bets, the average will eventually almost assuredly start to resemble the house edge.
You should be aware of a few things, though:. These games are all characterized by a high house edge. I should also point out that house edge is only one factor to consider when choosing a game to play.
I suggest that you treat gambling as entertainment, so compare how much you expect to lose per hour. This is a function of bets per hour and size of bets as well as the house edge.
An average slots player makes spins per hour. Finally, some games might not be fun for you at all. The only correct way to play blackjack is to follow basic strategy religiously.
Players who use basic strategy can reduce the house edge to between 0. You calculate your expected hourly loss by multiplying the average size of your bet by the number of bets per hour.
You multiply that by the house edge to get your expected hourly loss. You can find dozens of card counting systems to use, but most card counters use one of the more basic systems.
The goal of a card counting system is to estimate the ratio of high cards to low cards in the deck. Hence a system like the Hi Lo allows you to create a reasonably accurate estimate of that ratio.
The first and most obvious thing is to raise your bets when the deck has a higher-than-usual ratio of high cards to low cards. The low end of your betting spread is the table minimum.
Keep in mind, too, that just because you have an edge of 3. You can still lose, and you often will. Therefore your max bet is a function of your total bankroll.
Your goal is to avoid going broke before the long-term positive expected value starts to kick in. Traditional past-posters would add chips to a winning bet using sleight of hand, but Marcus did it the other way round.
He would remove chips from a losing bet. He would go up to the roulette table and place a couple of chips down as his bet. He placed the top chip in a way that the bottom chip could not be seen.
If his bet lost, he would grab his chips which you are not actually allowed to do, hence the drunken act and fling them at the dealer.
If, however, his bet won then he would make a big deal of celebrating. At this point Marcus would point out the fact that the chip underneath was more valuable.
Because he had legitimately placed the bet, even if surveillance was checked by casino security they would find nothing wrong.
Using this method he was able to win thousands on his winning bets and lose only a few dollars on his losing bets. Because of the way it worked, he managed to avoid being caught.
He now works against the cheaters, consulting for casinos, and teaching them how to avoid being cheated. Suspicions were immediately raised when McNeal showed very little emotion following the win and asked to be paid in cash.
As jackpot wins of a certain size have to be verified by state gaming officials under New Jersey law, an investigation occurred as a result. Harris was responsible for finding bugs and flaws in the software of electronic gaming machines.
It transpired that Harris had been using his position to access and modify software in slot machines to pay out substantial wins if a precise sequence of coins were inserted.
With his accomplice he had successfully cheated thousands of dollars and gone undetected. McNeal duly won the jackpot at Atlantic City but, as we have described above, that was the beginning of the end for the two cheats.
Harris was sentenced to seven years in prison, and released after serving two. Throughout the history of gambling scams, women have typically been used to cause diversions while their male accomplices carry out the actual scandal.
Ida Summers was different; she certainly used her beauty and charm to distract pit bosses and dealers, but she also did the cheating herself.
Back in the s she became known as the Vegas Vixen for her ability to cheat Las Vegas casinos. This involved using sleight of hand to remove and add cards to the table when required.
She then progressed to adding whole decks of cards that were prearranged to ensure the house lost.
These decks were known as cold decks, or coolers. Although successful for a while, Summers was eventually caught and arrested.
Gaming officials in Vegas had become suspicious here, and together with the FBI, launched an investigation.
Seeing as she only received probation rather than a custodial sentence, it seems her looks and charm may have had an effect in court too.
But rather thanks to some sophisticated equipment and the help of a rogue roulette dealer. Considering the scam took place in , it was somewhat advanced for the time.
The rogue dealer would sneak the ball into play and Laurent, using a fake pack of cigarettes containing a radio transmitter, could control where the ball landed.
Other members of the crew would place the necessary bets and collect the winnings. They had the roulette wheel checked and monitored the table and the dealer, but they found nothing wrong.
Laurent and her crew therefore continued to rack up the winnings. The owner of the casino took something of a shine to Laurent and made romantic overtures.
He began to suspect her of wrongdoing when he noticed that she was always at the roulette table costing the casino money.
She was always seemingly alone and only appeared to be placing occasional bets. Working out that the cigarette packet might be involved he asked Laurent for a cigarette and the game was up.
Louis Colavecchio is a counterfeiter who used his skills to manufacture incredibly accurate reproductions of slot machine coins. He then used these coins in many American casinos with initially great success.
When he was eventually arrested in , following an investigation after casinos had started to notice sizable surpluses of the coins in their inventories.
Law enforcement seized his stash of coins and the tools used to make them. Such was the volume of this equipment they had to rent storage facilities just to house it all.
When Colavecchio was released in he resumed his activities, but was arrested again after just a few months. He brokered a deal to reveal the secrets of his operation so that casinos could avoid being stung in this way again.
Nikrasch, also known as Dennis McAndrew, is another slot machine cheater. In fact, he is arguably the biggest known slot machine cheater in history.
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