When it comes right down to it, casino gaming and whether you win or lose all comes down to mathematics. You can win more with a riskier bet, but you stand a better chance of winning with a lower-risk wager. Making decisions in an online casino involves trying to master the mathematics of it all. So it may seem sensible to have a solid command of statistics when it comes to playing casino games. If you know the probabilities, then you can make the smarter bets, right?
Well… There is certainly no harm in being aware of statistics when it comes to casino betting. It plays a part in making smarter decisions, and if you are looking at casinononaams.casino to help you pick a new online casino, you could certainly also benefit from having some statistical support on your side. But knowing the statistical facts about online casinos may not be as beneficial, and certainly not as important, as it may first appear. Let’s explain why…
Statistics don’t make for great predictions
Knowing the statistics doesn’t make you more likely to win at casinos, any more than knowing wind speed makes you able to fly. It’s something that is helpful to know, sure. But if I tell you that there is a 1 in 37 chance of the ball landing on number 13 on the roulette wheel, that doesn’t really help in any meaningful sense. If you then go and bet on number 13, convinced that it’s going to come up at some point in the next 37 spins, the reality is that it might. And it might not. And if it does come up on the 37th spin, you’ll have spent the entire amount of your winnings, plus a little bit more, just to get to that point.
Probability is happening to everyone all the time
A good statistician knows that casino odds are based on probability, and that probability asserts itself in every sequence. If you stood at a baccarat table and consistently bet on the Tie, then eventually one in every eight deals would be a Tie. So you might break even with all those bets. But probability isn’t limited to the 30-minute stint of baccarat you’re playing. You would break even if you stood at that baccarat table forever, but you don’t have time to do that. Also, probability isn’t limited to you. You can work out how often a slot is supposed to pay out, and play it until it’s “due” – but maybe someone else was playing at the same time as you and they won twice – so you could just not win, and it would still be fine by probability.
Every single action has the same probability every time you perform it
Quick stats quiz: You stand at a roulette wheel and watch it spin. It lands on 9. There was a 1 in 37 chance that this would happen. When the wheel next spins, what are the chances it will land on 9? If you answered “1 in 37”, then well done – that is correct. Most roulette games will have an onscreen list of numbers that have recently been hit, and for predictive purposes those lists are completely worthless. Every time that wheel spins, each number on it has an equal chance of coming up, no matter when that number last came up. So knowing statistics can help you understand casino gaming, but it won’t help you win.