A Statistician Reveals the Casino Game You Should Never Play

According to statistician Jeffrey Rosenthal, the casino game you should absolutely steer clear of is the Video Lottery Terminal.  Those are the ones with Keno or slot games.  They give a 5% to 15% edge TO the house.

You want better odds?  Play Craps, and you’ll have a 49.29% chance of winning.  By the way, both of these are “pure chance games” meaning it’s all luck.  They don’t have a skill element like Blackjack.

Here’s the clip.  It’s cued-up to the Video Lottery, but is full of great info, like this one at 14:46:  “Are you less likely to be in a plane crash if you’ve already been in one?”  The answer is no.  Those are statistically independent events.