Sic Bo is an online casino game that is played with dice. It offers an unusually large number of bets as compared to many other online casino games. Whereas this offers the advantage of letting players choose which bets they want, it also makes them think how to wager so that they can get maximum advantage of the variety of bets.
In arriving at a suitable wagering strategy bets have to be analyzed with respect to two parameters. One is the payout and the other is the house edge. The payout is the amount the player receives if his wager wins. It is usually expressed as a multiple of the wager. Therefore a payout of 6 to 1 indicates that if the player wagers $1 then he will win $6. The house edge is the amount that the casino will retain from the wager in the long run. If the house edge is 5% then it indicates that the online casino will retain $.05 from every $1 wagered in the long run. If the bets with the highest payouts had the lowest house edges then the wagering strategy would be very simple. However in practice online casinos have devised the game in such a way that bets with high payouts have high house edges and bets with low payouts have low house edges. This calls for a judicious mix of wagers so that players can get advantage of both low house edges and high payouts.
In order to maximize the advantage described above the wagering strategy in Sic Bo involves splitting the wagers among the two different types of bets offered. The players have to start with a bankroll for the session and an estimated number of bets that they intend to place in that session. This gives them the amount of each wager. Let us assume that this amount works out to 5 credits. It is this amount that needs to be split. The bulk of the amount has to go towards a wager that has a low house edge so that the bankroll is not frittered away. However this will at best lead to only a moderate win for the player. Therefore the player should risk a small portion of each wager for a higher return bet, even though it may have a high house edge.
A recommended wagering strategy For Sic Bo is as follows. For the conservative bet the player should wager on the Small Bet or the Big Bet. The Small Bet wins if the three dice total is between 4 and 10. The Big Bet wins if the three dice total is between 11 and 17. Both bets pay at 1 to 1 and have a house edge of only 2.78%. Out of the 5 credits the player should wager 4 credits on one of these two bets. The remaining 1 credit should be wagered on a bet that pays about 6 to 1 so as to gain advantage of the higher payout. A suitable bet is the three dice total of 10 or 11. Both bets pay at 6 to 1 and have a house edge of 12.5%. This is a fairly highly house edge as far as online casino wagering goes, but only a small portion of the wagered is being risked in order to try and maximize the overall payout. Both bets can be placed simultaneously in each roll of the dice.
The payouts indicated in this article are based on the payouts offered by Microgaming in the Sic Bo games at their online casinos. Other online gaming software providers may be offering different payouts and players should check these before wagering.