Best Edge Casino

We at BestCasinos reviewed and selected a group of casinos that we believe can fully meet all your needs. Stay with us as we dive into the intrinsic details about the world-famous provider of casino games Arrow’s Edge and its top casinos. The now-famous Arrow’s Edge first caught the eye of the public back in 2014. One Jackpot slot you can find in many casinos is “Megabucks” the best slot machines in Vegas, created by International Game Technology (IGT).In November 2014, one lucky customer had been playing for about 20 minutes from a $20 bill and left with a Jackpot of almost $15m. Poker is a game of skill which is a big factor in determining the winner.

When it comes to playing blackjack in Las Vegas, the options are endless. Every casino in Sin City offers blackjack gaming. Who provides the best game selection? Where can you find the lowest house edge and most entertaining games? At OUSC, we took to Las Vegas streets to find out where players should go for blackjack gaming. With our exclusive Las Vegas Blackjack Survey, we were able to find the best casinos to visit to find the best blackjack tables.

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We found that many of the MGM Casinos located in South Las Vegas Strip are the best of the best when it comes to blackjack gaming during our research. In general, the casinos operated by MGM Resorts are considered the best in Las Vegas and around the world. From the Aria to the MGM Grand, the MGM brand’s casinos provide the best house edge, blackjack variants, and quality rules for an enjoyable experience.

Best Blackjack Casinos in Las Vegas

The following Las Vegas casinos offer the best gameplay experience for real money blackjack enthusiasts:

1. Aria

One of our top recommendations for blackjack gaming in Las Vegas, the Aria offers games for high rollers and mid-range players. Take part in $100 tables that stand on all 17s or play six-deck blackjack with surrender and re-split aces rules.

Most blackjack games here pay 6-5 odds, with $15 Blackjack Switch on offer. The lowest house edge at the venue is 0.25532%.

2. Excalibur

The blackjack rules at Excalibur are relatively standard for casinos belonging to MGM. Players will find three quality options for blackjack games, including the $25 double-deck game that allows for a double down before and after splitting.

Blackjack Switch is on offer with $10 minimums and six-deck offering a $15 minimum bet. The lowest house edge at the casino is .58000%.

3. Luxor

Two versions of blackjack are offered at this Las Vegas casino—the double-deck and the eight-deck version. Players will find the best game on offer is the $25 double-deck, with high limit games featuring six-decks and $100 minimum wagers.

There is a high limit area for blackjack, but it is only open during peak business hours. The lowest house edge found in the game here is 0.45688%.

4. Mandalay Bay

At the Mandalay Bay, players have access to several blackjack variants. There are two exotic games – Blackjack Switch and Free Bet Blackjack. On the main casino floor, access $25 games with 3 to 2 payouts.

Edge

High limit blackjack has two decks and offers the standard double down option before and after splitting. The lowest house edge found in this game is 0.25532%.

5. MGM Grand

When playing blackjack at the MGM Grand, players will find the casino offers the lowest limit stand. There are over 25 tables featuring a six-deck shoe where the dealers are supposed to hit soft 17, so this is the most commonly played Blackjack game at this casino.

During slow periods, tables start with a minimum of $25. Games offer double and six deck rules. The lowest house edge here is 0.25532%.

6. Park MGM

According to our survey, the Park MGM offers quality blackjack gaming, but are currently under construction as the venue is being remodeled. As of right now, the venue is offering a $25 double-deck during the night-time hours. All games will hit soft 17.

There is a high limit area, but it is closed now during the remodeling phases. The lowest house edge here is 0.45688%.

7. New York-New York

Low rollers will find the New York New York venue of MGM to be the best for low minimums. The casino currently offers $10 3-2 games and is the only property owned by MGM Resorts that does so.

High limit games with $50 minimums offer surrender and double down options. All blackjack games at the casino hit soft 17. The lowest house edge here is 0.45688%.

8. Bellagio

For the best blackjack game at this casino, players need to visit the double deck tables. Players can choose to double down before and after splitting. This game has a $100 minimum bet and will stand on all 17s.

During off-peak times, players can find the games for a $50 minimum. Another game on offer that players enjoy is Blackjack Switch. The lowest house edge here is 0.25532%.

9. The Mirage

At the Mirage, players will find 3-2 payout games with $25 minimum buy-ins. There is a double-deck game with the same $25 minimum with double down allowed before and after splitting. In this game, players hit a soft 17.

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When you play the $100 version, the game will stand on all 17s. The lowest house edge here is 0.25532%.

10. Circus Circus

Circus Circus offers three basic games: single deck, double deck, and a six-deck shoe. At this casino, the venue recently decided to lower the minimum wager for their double-deck game. To play, only a $15 minimum is required.

The game pays 3-2 on blackjack and allows players to double down before and after splitting. This is the best blackjack choice at the venue. The lowest house edge here is 0.45688%.

Best Las Vegas Blackjack Tables

The OUSC team created this exclusive infographic to help our readers better understand where they can find the most popular blackjack tables in Sin City.

Play Blackjack At Our Recommended Casinos

As you can see, there are many choices when it comes to blackjack at MGM Resorts properties. When visiting any of OUSC recommended casinos in Las Vegas, you can easily find a quality blackjack to enjoy, be it an odd variant or low house edge. Take a look at our Las Vegas Blackjack Survey to see a full rundown of the casinos in Las Vegas. Use the information to your advantage during your next trip to Sin City!

Slot machines are a popular type of casino game.

Games available in most casinos are commonly called casino games. In a casino game, the players gamble cash or casino chips on various possible random outcomes or combinations of outcomes. Casino games are also available in online casinos, where permitted by law. Casino games can also be played outside casinos for entertainment purposes like in parties or in school competitions, some on machines that simulate gambling.

Categories[edit]

Overhead view of a casino floor with table games (bottom) and slot machines

There are three general categories of casino games: gaming machines, table games, and random number games. Gaming machines, such as slot machines and pachinko, are usually played by one player at a time and do not require the involvement of casino employees to play. Tables games, such as blackjack or craps, involve one or more players who are competing against the house (the casino itself) rather than each other. Table games are usually conducted by casino employees known as croupiers or dealers. Random number games are based upon the selection of random numbers, either from a computerized random number generator or from other gaming equipment. Random number games may be played at a table or through the purchase of paper tickets or cards, such as keno or bingo.

Some casino games combine multiple of the above aspects; for example, roulette is a table game conducted by a dealer, which involves random numbers. Casinos may also offer other type of gaming, such as hosting poker games or tournaments, where players compete against each other.

Common casino games[edit]

Notable games that are commonly found at casinos include:

Best

Table games[edit]

  • Poker (Texas hold'em, Five-card draw, Omaha hold'em)

Gaming machines[edit]

Random numbers[edit]

House advantage[edit]

Casino games typically provide a predictable long-term advantage to the casino, or 'house', while offering the players the possibility of a short-term gain that in some cases can be large. Some casino games have a skill element, where the players' decisions have an impact on the results. Players possessing sufficient skills to eliminate the inherent long-term disadvantage (the house edge or vigorish) in a casino game are referred to as advantage players.

The players' disadvantage is a result of the casino not paying winning wagers according to the game's 'true odds', which are the payouts that would be expected considering the odds of a wager either winning or losing. For example, if a game is played by wagering on the number that would result from the roll of one die, true odds would be 5 times the amount wagered since there is a 1 in 6 chance of any single number appearing, assuming that the player gets the original amount wagered back. However, the casino may only pay 4 times the amount wagered for a winning wager.

The house edge or vigorish is defined as the casino profit expressed as the percentage of the player's original bet. (In games such as blackjack or Spanish 21, the final bet may be several times the original bet, if the player double and splits.)

A European roulette ('single zero') wheel

In American roulette, there are two 'zeroes' (0, 00) and 36 non-zero numbers (18 red and 18 black). This leads to a higher house edge compared to European roulette. The chances of a player, who bets 1 unit on red, winning is 18/38 and his chances of losing 1 unit is 20/38. The player's expected value is EV = (18/38 × 1) + (20/38 × (−1)) = 18/38 − 20/38 = −2/38 = −5.26%. Therefore, the house edge is 5.26%. After 10 spins, betting 1 unit per spin, the average house profit will be 10 × 1 × 5.26% = 0.53 units. European roulette wheels have only one 'zero' and therefore the house advantage (ignoring the en prison rule) is equal to 1/37 = 2.7%.

The house edge of casino games varies greatly with the game, with some games having an edge as low as 0.3%. Keno can have house edges up to 25%, slot machines having up to 15%.

The calculation of the roulette house edge is a trivial exercise; for other games, this is not usually the case. Combinatorial analysis and/or computer simulation is necessary to complete the task.

In games which have a skill element, such as blackjack or Spanish 21, the house edge is defined as the house advantage from optimal play (without the use of advanced techniques such as card counting), on the first hand of the shoe (the container that holds the cards). The set of the optimal plays for all possible hands is known as 'basic strategy' and is highly dependent on the specific rules and even the number of decks used. Good blackjack and Spanish 21 games have house edges below 0.5%.

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Traditionally, the majority of casinos have refused to reveal the house edge information for their slots games and due to the unknown number of symbols and weightings of the reels, in most cases it is much more difficult to calculate the house edge than that in other casino games. However, due to some online properties revealing this information and some independent research conducted by Michael Shackleford in the offline sector, this pattern is slowly changing.[1]

In games where players are not competing against the house, such as poker, the casino usually earns money via a commission, known as a 'rake'.

Standard deviation[edit]

The luck factor in a casino game is quantified using standard deviations (SD).[2] The standard deviation of a simple game like roulette can be calculated using the binomial distribution. In the binomial distribution, SD = npq, where n = number of rounds played, p = probability of winning, and q = probability of losing. The binomial distribution assumes a result of 1 unit for a win, and 0 units for a loss, rather than −1 units for a loss, which doubles the range of possible outcomes. Furthermore, if we flat bet at 10 units per round instead of 1 unit, the range of possible outcomes increases 10 fold.[3]

SD (roulette, even-money bet) = 2bnpq, where b = flat bet per round, n = number of rounds, p = 18/38, and q = 20/38.

For example, after 10 rounds at 1 unit per round, the standard deviation will be 2 × 1 × 10 × 18/38 × 20/38 = 3.16 units. After 10 rounds, the expected loss will be 10 × 1 × 5.26% = 0.53. As you can see, standard deviation is many times the magnitude of the expected loss.[4]

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The standard deviation for pai gow poker is the lowest out of all common casino games. Many casino games, particularly slot machines, have extremely high standard deviations. The bigger size of the potential payouts, the more the standard deviation may increase.

As the number of rounds increases, eventually, the expected loss will exceed the standard deviation, many times over. From the formula, we can see the standard deviation is proportional to the square root of the number of rounds played, while the expected loss is proportional to the number of rounds played. As the number of rounds increases, the expected loss increases at a much faster rate. This is why it is impossible for a gambler to win in the long term. It is the high ratio of short-term standard deviation to expected loss that fools gamblers into thinking that they can win.

It is important for a casino to know both the house edge and variance for all of their games. The house edge tells them what kind of profit they will make as percentage of turnover, and the variance tells them how much they need in the way of cash reserves. The mathematicians and computer programmers that do this kind of work are called gaming mathematicians and gaming analysts. Casinos do not have in-house expertise in this field, so outsource their requirements to experts in the gaming analysis field.

See also[edit]

References[edit]

  1. ^'Michael Shackleford is the wizard of odds'. Observer. Retrieved 13 October 2015.
  2. ^Hagan, general editor, Julian Harris, Harris (2012). Gaming law : jurisdictional comparisons (1st ed.). London: European Lawyer Reference Series/Thomson Reuters. ISBN978-0414024861.
  3. ^Gao, J.Z.; Fong, D.; Liu, X. (April 2011). 'Mathematical analyses of casino rebate systems for VIP gambling'. International Gambling Studies. 11 (1): 93–106. doi:10.1080/14459795.2011.552575. S2CID144540412.
  4. ^Andrew, Siegel (2011). Practical Business Statistics. Academic Press. ISBN978-0123877178. Retrieved 13 October 2015.
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