Nevada has experienced an unprecedented period of high revenue for over two years. Despite this, people are still winning in Vegas. However, there have been speculations about the correlation between these billion-dollar revenue months and changes in casino odds. Now, we have the essential information you need to know before visiting Sin City!
Nevada has achieved a remarkable streak of record-breaking revenue for over two years. In April alone, the state surpassed one billion dollars in gambling revenue for the 26th consecutive month, leading some to question if something unusual is occurring. If you believe that these extraordinary revenue numbers are connected to your chances of winning in Vegas, you are not alone, and your suspicion is justified. A few weeks ago, I discussed on this program why your next trip to Las Vegas would likely be more expensive. This week, I am here to explain why your chances of winning are probably reduced as well.
Many have wondered if the ongoing streak of billion-dollar months is linked to casinos altering the odds of games. However, the facts are starting to emerge. The popularity of Triple Zero Roulette Wheels is rapidly increasing. In 2016, these games were scarce in Sin City, but today there are well over 100 of them scattered along The Strip, Fremont Street, and other locations. Triple Zero Roulette raises the house edge from approximately 5% to nearly 8%!
Furthermore, traditional Blackjack games are disappearing, giving fewer chances to winning in Vegas. Previously, the game offered a payout of 3:2 odds. However, almost 70% of all blackjack games in Vegas now pay out 6:5 odds, which puts players at a clear disadvantage, increases the house edge by nearly 400%, and significantly diminishes the odds of winning in Las Vegas!
When it comes to slots, Nevada law stipulates that casinos must pay out a minimum of 75%. Although most casinos in Vegas surpass this requirement, the payout rates do fluctuate. Moreover, casinos have the freedom to adjust these odds as they please, and they do so! In reality, the slot machines on The Strip and Fremont Street offer some of the worst odds in the state!
So, with all of this in mind… good luck!
