Many people mix up odds and probability at casino tables. These words sound the same but mean different things. Knowing both helps you play smarter. The math behind them changes how much you win and ...

Forbes contributors publish independent expert analyses and insights. Writes about the future of finance and technology, follow for more. Joint probability teaches us to calculate combined outcomes.

You can only split a pair if you are dealt a pair. Suits don’t matter. You need cards of equal rank. The odds of being dealt a pair are 5.88%, roughly 1 in 17 hands. The number of decks in play makes ...

Baccarat’s low house edge, simple gameplay, and high volatility make this 500-year-old Italian card game a favorite for high rollers happy to bet six-figure sums on a single hand. The low house edge ...

When you place a bet, you want it to be the most competitive, but how do you know if the odds are the best possible? Our fair odds calculator will help you find the true win probability of any bet!