In casino games there is a term known as the house edge that you probably have heard about. Well, the house edge can simply be defined as the ratio of the average loss to a player’s initial bet. Usually, casinos have a built-in advantage designed to work in the casino’s favor, this is how the casinos make their profits. You will find the house edge existing on every game, be it lotto, table game, slot, or casino.
By knowing the house edge of the various casino games, any player can then use the knowledge as a guide to reveal games which are the most profitable. Generally, games that feature a high house edge most certainly pay out less on average over time than those with a lower house edge.
As a player it is therefore important to know the house edge for the various online casino games before you even roll your sleeves to start playing. In this guide, we take you through the different online casino games and the related house edge.
Roulette
The roulette is an interesting casino game with a house edge that can go either up or down depending on the style of game you are playing. It is worth noting that American roulette is the worst at offering players the lowest returns over time. However, the French or European versions normally feature a much lower house edge. It is best to always opt games with the lowest house edge as this ensures you don’t lose much money in the long run.
There are experienced players who have mastered quite a unique strategy at beating the American roulette. Nevertheless, if you are still new and just starting out as a player, it would be best to start with the French roulette or the European version.
Video poker
Video poker is played on consoles at physical land-based casino houses but can also be played virtually online. The choice is always yours whether you prefer virtual or physical playing. Video poker is unlike other casino games that you go up against other players, it’s just you and the machine.
The best thing about it is that you really have many variations of the game to choose from. You can for instance, choose any multi-hand games or progressive that offers you distinct paytables and a variety of house edges.
Blackjack
Blackjack comes in several variations both online and offline at physical casino houses. There could be some slight difference in the decks you play with or rules but all of them have a knock-on effect to blackjack’s house edge.
For blackjack, you need to have some skill and knowledge to increase your chances of winning. However, should you be lucky, the cards could also favor you thus allowing you to make some wins here and there.
The standard house edge for blackjack is around 0.5% which is a general indication based on playing the game perfectly and using standard rules as well as basic strategies. Nevertheless, if you don’t have any experience playing blackjack whatsoever, this house edge would increase a little.
Baccarat
This casino game features high stakes that may put off some low-limit players, however, the game is quite simple and if you play it well, you could as well reduce the house edge to as a low as just 1.01%. When played right, baccarat will offer you an almost 100% return to player on your wager.
Even though the game is a little tricky and high in stakes, it also offers you some giveaways that you could take advantage of. For instance, the tie bets that are offered in some casinos can greatly lower the house edge in your favor.
Craps
If you want a game that is a hive of excitemc at a casino, then craps will provide you even more! Players and spectators typically anticipate the roll of the dice just to find out what it unfolds.
It features multiple betting options which means that it has a larger house edge of any other game. Interestingly, the house edge in the craps game varies considerably which could be nothing at all but could as well shoot up to more than 13.5%. Also remember that the percentage that you will forfeit to the house over time, depends on the bets you place!
Slots
The slots game is a game of casino where you don’t need to any skills or expertise to win. It is a game where every player is equal and there is no way that you can make your odds of winning get better.
Once you get to the slots machine, select the number of payline you wish to play, then hit go hoping for the best possible result. In slots, the return to player, usually abbreviated as RTP represents the amount any given slots machine has paid out over since its existence. This is in relation to how much money the players have paid in.
Going by the above explanation, if you find a slot machine paying out an RTP of 90%, then 10% remains the machine’s house edge.
