The Five Best Casino Bets with Syndicated Gaming Writer John Grochowski

The Five Best Casino Bets with Syndicated Gaming Writer John Grochowski

Steve Bourie, author of the American Casino Guide, interviewed syndicated gaming writer John Grochowski for this video where John gives his picks for the five best bets in a casino. Games covered include: blackjack, baccarat, craps and video poker.

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Hi and welcome to our series of
educational videos that are designed to make you a smarter
gambler my name is Steve Bourie and I'm the author of the American casino guide which is the number one bestselling book in
the US on the subject of casino gambling and travel and the only book that comes with more
than one thousand dollars in casino coupons including free rooms free food free
shows free gambling money and much much more if you want to know
more about me or my book be sure to visit my website at americancasinoguide.com in this video we'll be hearing
from nationally-syndicated gaming writer John Grochowski will be giving us his list of the five
best bets you can find in a casino besides his gaming column john also has
written five books about casino gambling including the very popular slot machine
answer book john has appeared on three Travel
Channel specials about casino gambling and he also writes monthly articles for
several gaming related magazines Now before we start I need to explain that
john will only be talking about games that can be
found on the main casino floor that means he's not including sports
betting or race betting where it's possible for a good enough
handicapper to get an edge and he's also not including live poker
where you can have an edge if you're the best at the table but your edge is dependent on the skill of
the other players so with that in mind here's john Grochowski with his list of the five best bets you
can find in a casino Number five on our list best casino
games is a game I often called the best no brainer bet
the casino and that's baccarat baccarat takes no skill to play
whatsoever it is a simple guessing game you are betting on which hand you think
will wind up closer to a total of nine the player hand or the banker hand
don't be fooled by the name so you don't get your own hand there are just two hands that are dealt one is designated player, one is designated banker if you bet on banker and you win you pay the house a commission of 5
percent which is where the house gets its edge on
the banker bet. Banker bet wins more ofthen than the player bet if there was no commission then you
would have a edge and the casino's not going to do that.
However as it is the house edge is very small on that bet it's only 1.06 percent for a bet that has no
strategy you don't have to learn anything the cards are dealt according to a formula
that is a very very good bet on the flip side of that the player bet is
also a very very good bet it is a 1.24 percent house edge Again a low house edge, it takes no skill
whatsoever to make it this guessing game is a good
one for players it is why this game is a very popular game with
high rollers If you look in the high limit rooms at many casinos you'll find
a big baccarat player and that is where a lot of the big money in
casinos is actually wagered number four on our list of good casino
games the best casino games on the main casino floor is video poker now there's a lot of
variability in video poker video poker has some great games that are some the best games the casino games on which it is possible for an
expert player to get an edge a good edge deuces wild in its
full pay version but these days you see them in local
places in Nevada and really not much of anywhere else Full pay deuces wild with expert play
returns to the player 100.8 percent the player has an eight tenths of a
percent edge on the game it's a great great bet we have a game called 10/7/5 double bonus poker and the 10 refers to a 10 for 1 payoff on a full
house the others refer to the payoffs on flushes and straights that is a
100.17 percent game with expert play if all video poker games were like that
if they all had theoretical percentages over a hundred percent video poker would rank a lot higher on the list however in many jurisdictions you don't
find the 100 percent games at all and even
in Nevada they're becoming increasingly rare especially on the Las Vegas Strip
we just don't see those games anymore like we once did It takes some study it takes some
work training software is essential if you're going to learn to play video poker at that level but
for an average player one thing you do wanna watch out for are the payoffs on full houses and
flushes Every unit that a full house or flush
is taken down because that's where casinos change the pay tables in order
to decrease the payback percentages each unit that those are taken down cost
you about 1.1 percent so we have a game that's called 9/6 jacks
or better and it doesn't say that on the machine it just says jacks or better
on a machine you have to look at the pay table to see that full houses are paying 9 for
one fulshes are for six for one that's why
players call it 9/6 jacks or better with expert play that pays players 99 and a
half-percent If as is fairly common that 9/6 was taken down to 8/5 8 for 1 on full houses 5 for 1 on flushes we're losing 2.2 percent of
our payback 1.1 percent on each of those hands which takes the overall payback
percentage with expert play to 97.3 percent so watch out for those games look around
the casino and choose the best version of the game that's available in that
casino Now I mention that some video poker games can pay over 100 percent if you play at an expert level there are some that pay ninety-five
percent ninety-four percent even lower even if you play at an expert
level and with those games the expert play is not to play them but you do have to watch those pay
tables making sure that you get the best version of the game is available to you Third on our list of the five best casino
bets are the good bets at craps Now craps has
good bets and bad bets and a lot in between you have to understand
what you're getting into when you make a craps bet There are all kinds of different house edges on the different
bets in craps two of the good ones are pass and come and their opposites
don't pass and don't come which if you leave them alone and
just make those bets the house edge is 1.41 percent on pass or come and 1.36 percent on don't pass or don't come Now
one of the big advantages in craps at making those pass and come bets are the ability to back the bets with
what are called free odds you can once a point is established, once the
shooter has established a point number you can back your original pass bet with
a free odds wager and that wager is paid at true odds for example if you have
five dollars on the pass line shooter rolls a 6 that becomes your point
number now you can back that with free odds
let's just use single odds as an example now you back
it with an amount that's equal to your wager and then if the
shooter then rolls another six before rolling a 7 you win both your pass bet and the free
odds bet your pass bet, your five-dollar pass bet wins five dollars your five-dollar free
odds bet win six dollars because the odds of
winning that wager are 6-5 against you So the combination has a lower house
edge than the 1.41 percent we talked about as a house edge on pass and come with single odds betting that equal
amount it drops to 0.8 percent casinos that allow double odds it
drops to 0.6 percent and it keeps dropping We see some casinos today that offer 100
times odds if you have a five dollar pass bet you can back that with five hundred dollars in odds a
hundred times the amount of your bet and that drops the house edge all the
way down to two hundredths of a percent Now some people will say well that's a
better bet than blackjack for a basic strategy
player and it is if you're sufficiently bankrolled and you know how to use the odds and you can afford to bet five hundred and five dollars at once Okay there is that however for an
average player work were talking more of a house edge that gets under one
percent but not all the way down into the hundredths of a percent. There's another bet in craps that deserves to be on this list we're kinda
running a combination here this would be a little lower on the list if we took it
by itself but this is a place bet on six or a place
bet on 8 House edge on this is 1.52 percent so
it's a very good bet not quite as good as the best bet in craps but still one of the better bets in the
casino. One thing to watch out for with those place bets on six and 8 in
craps is that you bet in multiples of six dollars because that wager pays you
at 7-6 odds True odds are 6-5 this gives you 7-6 that's the 1.52 percent house edge is the difference these If you don't bet in a multiple of
six dollars if you bet five dollars instead the house is only going to give you five
dollars you don't get that 7-6 payoff so you want to be sure to bet in multiples of six dollars One last
thing to mention before we leave craps is that for the select few who practice
a method of dice control it is possible to get an edge on the
game I know people who do it the people who do it are not trying to
hit number specific numbers and every time the main thing is to depress the
number sevens it's difficult it is a physical skill
that has to be practiced and practiced and practiced we're
not going to dwell on this a great deal but if everybody could do this then
this would be our number one bet but it's something that very few people
can actually do Our number two game on our list of good casino bets is blackjack for a basic
strategy player basic strategy has been with us since
the 1950s when it was devised by an early computerized team a team from the US army mathematicians and blacjack basic strategy has been refined over
the years you can find charts anywhere nowadays that will tell you what your
best play is it will specify every possible
combination of your cards and the dealers face-up
card and tell you for example that if you have a 16 and the dealer has a 7
face up your best play is to hit Now if you take
all that into account memorize the chart practice the game learn your basic strategy and play with
that method you cut the house edge in a six deck game with
average rules down to about half a percent or so That means in the long run you expect to lose about 50 cents out of every hundred dollars you wager Sometimes you're going to win sometimes
you're going to lose but in the long run you're going to lose about 50 cents per
hundred dollars wagered Blackjack has a mix and match
set of rules and not all games are created equal even for
a basic strategy player A single deck game if all other rules
are equal is a better game for the player than a double deck game in fact in
the when I first started coming to Las
Vegas in the 1980s we used to be able to get single deck games in which the dealer stood on all 17s and it was a game that was an even game
if you learned your basic strategy it wasn't a half percent house edge it was an even game we don't really see that much anymore
and certainly not on the Las Vegas Strip other games if it's eight decks that increases the house edge a little bit
there are things like does the dealer stand on all seventeens does the dealer hits soft 17 an ace and a six for
instance or ace, 2, 4 it is better for the player if the
dealer stands on all 17s and that makes a difference of almost two tenths of a percent in the house edge So there's all these mix and match sets of
rules that an informed player learns along with basic strategy but we
certainly can say that a player who learns basic strategy is much better off
than an average player who doesn't by quite a bit and we talked about a
half percent or so edge in a six deck game an average player who does not know
basic strategy faces a house edge of more like two to
two and a half percent so insteas of that fifty cents per hundred dollars wagered they're losing two to two and a half
dollars per hundred dollars wagered and that makes a difference that's why
we have blackjack for basic strategy here on our top five list and we do
not have blackjack for an average player And number one on our list of the best bets in the casino is blackjack for a card counter Now
blackjack for a card counter is a game where it's possible for the player to get an edge on the
house it's possible to make money at this game and the reason it works the reason card
counting works is because you are raising and lower
your bets as the proportion of high cars to low cards
from the deck changes when there's a greater proportion of
high cards remaining to be played in the deck that means that there will be
more blackjacks more Blackjacks favor the player because
the player is getting paid three to two on his blackjacks unless he's playing an awful 6-5 game that he shouldn't be playing and the dealer does
not get paid 3-2 on Blackjacks also when there's a greater proportion
of high cards your double downs will play truer if you have about six and five for a
total of eleven and there's a greater proportion of high cards
remaining to be played you will get that 10 to complete
your 21 more often so that's why card counting works, you raise
your bets when the proportion of high cards remaining in the
deck is high and you lower your bets when the proportion of low cards remaining in the deck is high. Low cards favor the dealer If you want to know more about me you
can look on my website casinoanswerman.com I write a weekly
column that goes out to newspapers and web sites One place you can find that is
called casino city times I write for number of magazines including
casino player, Midwest Gaming and Travel, casino journal, slot manager,
strictly slots and I've written six books on gaming
including the casino answer book the slot machine answer book and the video poker answer book Don't forget that you can see more of
our educational gaming videos on our YouTube channel just go to youtube.com/americancasinoguide

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  1. The Best and Fastest Way to Wreck a Local Economy: Build Casinos!

    Casinos are parasites who prey on all classes of the community. The impact of casinos on neighboring property values is clearly negative. Casino gambling is associated with mental health problems, including depression, anxiety and mood disorders.

  2. My great Grandad, Charlie, was a desperate gambler during WW2 in London – he was abusive to my grandad and his brothers when they actually saw him when he wasn't drinking or gambling. He would always promise his lovely, stoic (very Catholic – she thought she could reform him) wife, Bella at he would bring home money for new shoes or something – being a devout Catholic they parted ways, but didn't divorce – Charlie lived his miserable life until dying as a penniless dick to TB. Yes, I gamble a little – but with friends for entertainment with small amounts. Gamble for fun people – don't end up like Charlie.

  3. Baccarat is the best game. It's basically even odds…player or banker…ties push. Blackjack has the bust rule…they bust, you bust…they still win. Poker has multiple players that can win reducing your chances. The real problem is casino dealers cheat. I'm not interested in the rest of the shill advice…advisors working for the casinos. I have won 1 billion dollars 43 times in the game "hoyle casino baccarat". All the other games are a waste of time. If you want to find out how I do it…that will cost you…well, maybe. The trick is to make the 1 unit bet a % of the total kitty or bank. The 2nd trick is to use a betting method. The 3rd trick is to play 1 side ONLY…with this specific betting method. Yes, I've tried it for almost 10 years. Don't tell me it doesn't work because I always win in the end. If you lose $5000 one hundred times and make 1 billion 43 times is the system good?…very good.

  4. The best advice I ever heard so you don't lose your ass, is to leave your bank card at home, and don't take more than you can afford to donate. Lol 😂

    And then, when you do go in, be sure to have a loss limit and a win goal. If you take 100 bucks, you should leave when you hit $50, or when you hit $200. Or when you hit that $200 mark, recalculate your goals and losses. Best not to chase a losing streak.

  5. Who do you think is paying John & Steve to make this YouTube video? The gaming industry. There is no "best" casino bet. When you walk in you're a "mark". Everything you do is being watched carefully. If you start winning suddenly waitresses are coming over with free drinks. Anything to distract you. The casino is not for you but against you.

  6. My advice is……walk into the casino, take a look at everything going on. Then put your hands in your pockets and walk back out the door! Can I have an Amen ?

  7. a GREAT rule of thumb for all table games if the payout odds are shown anywhere on the layout or on a sign it is a BAD bet…
    if you notice the best bet of all table games (free odds) doesn't have a spot marked on the table

  8. such bullshit. card counting in blackjack is a falacy as proven by john scarne. also all video games are a rip off. and while you despise blackjack systems in your comments, you advocate systems in the video,

  9. The REAL Top 5 Casino Bets:
    1. Don’t bet against a casino
    2. Don’t bet against a casino
    3. Don’t bet against a casino
    4. Don’t bet against a casino
    5. Don’t bet against a casino

  10. if you wish to be a consistent casino winner  there is a simple trick. People walk into a casino with the mind set  " I will stop when I have lost x amount of money" and they stop when they have lost that much no matter how much they may have won in the time before. Now if you instead say " I will stop if I have ANY profit"  and you then stop playing your a winner walk away . If everyone followed that system casinos would go out of business ( not just the Trump casino).

  11. pick 12 number for roulette, start with putting 5 of them down and after every win open a new number (from the 12 chosen), once the 12 numbers are open add a dollar to any of the numbers after every win

  12. You say in counting to raise the bets by the amount of high cards? And the lower cards favor the house? I have found the exact opposite to be true. And if there are more high cards that means the dealer has a up to 42% chance of pulling a face card. If they pull a face card and you stick at 17+ and their next card has again around a 42% chance of puling another face card then you will lose often. However if they pull a low card all you need is a 12+ to stick and the chance of them busting is huge. Now that is starting a deck. If you have even more face cards if you have a better chance at more black jacks that is true but guess what so do they. It makes no sense at all….no matter how you slice it. The only winners have two events: a set amount to win or lose and an exit strategy with a support person to enforce it.

  13. But counting cards, isn't illegal, but it is illegal, because you will get your ass kicked out of a Casino if they even think you are counting cards and you can't do anything 😛

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