For those heading to Las Vegas hoping to win vast amounts of money, use this graphic as a friendly reminder that things probably won’t work out in your favor. That said, if you want to lose a smaller percentage of your money, the scatter plot suggests you should stick with the data points hovering near the x-axis.

Your best bet is the $100 slot machines, where the casinos take only 3.6% of your money! Of course, you’ll need a hefty stack of Benjamins if you want to play for more than a couple minutes. And if you are concerned about the magnitude of money lost rather than the percentage, you may want to move over to the penny slots, where you’ll still lose only 11.8%.

If you’re a sports fan, betting on baseball will give you slightly better odds than basketball and football. You’re much less likely to lose your money betting on those sports than on racing.

If you like heading to the tables, bingo is the game-o. The house only takes in 8.8% of the wagers there, followed by blackjack (11.1%). Stay away from 3-card poker, where gamblers lose an average of 32.5% of their money.

The weekly average values in this graphic were derived from one year of data for all non-restricted locations in the Las Vegas Strip area.

Data source: http://gaming.nv.gov/index.aspx?page=149 (12-month summary of Feb 2014 pdf).

Posted on 31 March, 2014

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