Casino Odds Calculator
Calculate and compare house edge, expected value, and player return for popular casino games including blackjack, roulette, craps, slots, and more.
Interactive Use this tool →Explore the mathematics behind casino games with our free interactive tools. These educational calculators help you understand house edge, expected value, and why casinos always have the statistical advantage. Knowledge is power—even when you're just curious.
Calculate and compare house edge, expected value, and player return for popular casino games including blackjack, roulette, craps, slots, and more.
Interactive Use this tool →Visualize how gambling bankrolls fluctuate over time. Run multiple simulated sessions to understand variance, risk of ruin, and why short-term wins rarely lead to long-term profits.
Interactive Use this tool →Interactive basic strategy chart showing the mathematically optimal play for every blackjack hand. The same foundation the MIT Blackjack Team mastered before adding card counting.
Interactive Use this tool →Calculate the exact odds of being dealt any poker hand. Explore royal flush odds, drawing probabilities, and the fascinating mathematics behind Texas Hold'em.
Interactive Use this tool →Analyze every craps bet from Pass Line to Proposition bets. Discover why free odds have 0% house edge and why "Any Seven" is the worst bet in the casino.
Interactive Use this tool →Calculate the true odds of hitting casino jackpots. Visualize how rare progressive jackpot wins really are and compare them to everyday probability events.
Interactive Use this tool →Spin thousands of times and watch randomness in action. Understand why "hot" numbers, pattern-seeking, and the Gambler's Fallacy don't work in roulette.
Interactive Use this tool →Discover how casinos calculate your "theoretical win" and what percentage they return as comps. See the math behind free rooms, meals, and VIP perks.
Interactive Use this tool →Calculate the probability of winning, losing, or breaking even in a gambling session. See how house edge, bet size, and session length affect your odds.
Interactive Use this tool →See why the "can't lose" doubling strategy fails. Simulate thousands of sessions and discover how table limits and bankroll constraints doom the Martingale system.
Interactive Use this tool →See how casinos build their edge. Convert between true probability and casino payouts to reveal the hidden mathematical advantage in every bet.
Interactive Use this tool →Convert between American (+150), Decimal (2.50), and Fractional (3/2) odds formats instantly. Calculate implied probability and potential payouts.
Interactive Use this tool →Calculate optimal bet sizes using the Kelly Criterion formula. See why professional gamblers and investors use this mathematical approach to bankroll management.
Interactive Use this tool →Calculate the true cost of slot machine play using RTP percentages. See how payback rates translate to expected losses over hours, days, and weeks.
Interactive Use this tool →Test and compare popular betting systems like Fibonacci, D'Alembert, Paroli, and Oscar's Grind. See why all systems fail against the house edge.
Interactive Use this tool →Every casino game is designed with a built-in mathematical advantage for the house. This advantage, called the house edge, ensures that casinos profit over time while still allowing individual players to win in the short term. It's the same principle that makes insurance companies profitable—mathematics, not luck.
Our tools help you visualize these concepts in practical terms. Want to understand why the MIT Blackjack Team was such a big deal? Our calculator shows how small changes in house edge translate to massive differences over thousands of bets. Curious about why casinos track players so carefully? Understanding the math reveals why advantage players are such a threat to casino profits.
We're developing additional educational tools to help explain the fascinating world of casino mathematics:
Explore more about casino mathematics and the fascinating stories behind the numbers:
How students used mathematics to beat the house edge—and the arms race that followed.
Read the story →The surveillance technology casinos use to monitor play and protect their mathematical edge.
Read the story →When the odds went spectacularly in one player's favor—and what happened after.
Read the story →