Casino House Edge Explained
The Casino House Edge
The casino house edge is one thing that all gamblers need to know. Because it is with the casino house edge that you are able to understand why online casino games payout the amount of money that they do. That is why as the best online casino gambling guide in Canada, we have created a Casino House Edge guide.
This casino house edge guide will help you to understand what the casino house edge is. It will also look into the different casino house edge percentages that each of the real money casino gambling games has.
With this casino house edge knowledge, you will be able to select which games. Payout the most. As well as the ones that do not pay as much, but are very fun to play.
What is Casino House Edge?
The casino house edge is also called the advantage of the house. This is the percentage that the house or the online casino has of beating you every time that you play. The casino edge is there in all the real money gambling games, form the table games, to the slots as well as the live dealer games as well.
Additionally, the casino house edge is present in both online and land-based casinos.
The casino house edge tells you two main things:
As much as the casino house edge is the advantage of the house, it is not set by the house/ casino. The house advantage comes with eth games as they are created. Therefore, no matter which online casino site that you choose to play at, you will never be able to escape the casino house edge.
Why you need to know the House Edge
- While many players hate the aspect of the casino house edge, it would not be gambling if you won each time that you played. That partially why the house edge exists to make the games a little more exciting. That is why players need to know how to use the casino house edge to their advantage.
- With knowledge of the casino edge, players can pick which casino games are most profitable. This is as games with a high house edge will pay out less on average. However, those games with a low house edge will pay more.
Casino House Edge in Different Games
The casino house edge is there in all casino games, however, each of the games has its own separate house edge.
| Casino Games | House Edge |
|---|---|
| Baccarat | |
| Craps | |
| American Roulette | |
| French Roulette | |
| European Roulette | |
| Online Roulette | |
| Keno | |
| Slots | |
| Video Poker | |
| Caribbean Stud Poker | |
| Texas Holdem | |
| Sic Bo |
Casino Game House Edge Influencing Factors
Several things affect the casino house edge in each game. Below, we look at some factors that are used to determine the house edge of some of the most online casino games.
| Casino Games | House Edge |
|---|---|
| Blackjack | The casino house edge for a classic blackjack game played with a single standard 52-card deck where face cards are 10 and aces are 11 or 1. |
| Baccarat | Edge differs on whether you bet on the player, tie or banker. |
| Texas Holdem | Casino house determined by the players own strategy and the number of checks, raises and folds across a series of bets. |
| Caribbean stud Poker | The house edge is determined by the way that the players go about their game. |
| Slots | The number of reels and paylines as well as how many of these paylines that players choose to play affects the edge. |
| America Roulette | The double zero affects the house edge. |
| Keno | House edge determined by the rules that the casino decides to use as well as the number of balls that a player chooses to pick. |
| Craps | House edge is determined by the bet that the player decides to take. |
| Video Poker | House edge affected by the payables and side bets. |
| Sic Bo | The casino house edge is determined by the odds as well as the PayTable layout. |
Casino Game House Edge – Game Details
Above we looked at the different factors that affect the casino house edge in a different game. In this section, we look at the games in detail as well look at how the casino edge can affect the choice of the game that you want to play.
Slots
Slots are unlike other real money casino games, this is because, and there is no skill that is required to win the game. When it comes to online slots, all players are equal and there is no need for you to know the odds of the game.
The RTP
When dealing with online slots and the casino house edge, players will also come across the term RTP. This stands for Return to Player and in slots; it shows how much an individual machine pays in its gaming lifespan.
The RTP is represented as a percentage, as such, if you find a game that has an RTP of 96%, it means the house edge of the game is 4%.
Paylines and the Casino House Edge
Most real money gambling sites have more online lost than they do any other game. The main reason for this is that players can win a tonne of real money prizes, at the end of the day.
This is because, the more players play, the more the out into the casino. In addition, while you may not win each time that you play, you have given money to the casino. Such that at the end of the day, the casino still has a made profit even from your loses.
However, these odds are evened when players walk away with jackpot prizes. This is because the jackpot prizes can go all the up to millions of dollars. Moreover, once a player wins that prize, the online casino has no choice but to play out.
How to Pick Slots
If you want to play real money online slots at the same get around the casino house end, we have a few recommendations that you will find handy.
Most real money slots have great in-game bonuses; as such, you need to make sure that you make use of them. Do not make the mistake of playing slots that have a bonus and not using it.
Progressive Jackpots
Part online casino slot games are the progressive jackpots. While all game can come with a progressive jackpot, it is most common with online casino slots. The gameplay between online lost and progressive ifs the same, however, it is the prize money that is different.
Most real money progressive slot games have jackpots that can reach millions of dollars. Some slots also have more than one jackpot. In the multi jackpot slots, players can win all four jackpots at once or they can win of the four jackpots.
To be able to win the jackpots, there are certain rules of the game that you have to follow. At the same time, some slot games will randomly award you the jackpot.
Top Slot Picks with High Casino House Edge
There are millions if not billions of real money online casino slots that you find online. Therefore, instead of going through slots one by one trying to find the one that has the best house edge, w4e have few that you try out.
For you 2020 casino slots with allow house edge you can play Mega Fortunes by NetEnt, it has a house edge of 96.6%. You can also play Gold rally by Playtech, it had a house edge of 97.01% and Hall of Gods by NetEnt has a house edge of 95.5%.
There are also some slots whose RTP will change. By chance, we mean that there will a local RTP as well a shared RTP. Such an example of a slot is Arabian Nights by NetEnt, locally the RTP is 95.6 and if shared it is 95.2%.
Blackjack
It is no doubt that online blackjack is one of the most favourite real money online casino games. As such, the player will find several different versions of the game both at online and land-based casinos. When it comes to casino house in blackjack, the number of decks, as well as the version that is played, will have an influence.
Standard House Blackjack
Blackjack is a game that needs a player’s knowledge on how to win as well as the cards that are dealt with in the game. Playing real money blackjack with the standard blackjack strategy, you will find that the game has a 0.5% house edge.
Playing Blackjack Using Strategy
With a game like blackjack, players can use game strategies to try to lower the casino house edge. That is why you will find that there are several real money strategies that you can use when you play online blackjack.
Players have using blackjack strategy charts for ages to gain an upper hand over the casino house edge. There are a number of strategy charts that players can easily learn and use in the age to win real money rewards.
When you use real money online casino blackjack strategy charts, you will be shown every possible outcome of eth cards that you and dealer hold. This will them be able to guide on the decision that you make in the game.
Composition strategies are more complicated and are mainly used by advanced online blackjack players. When it comes to composition strategies, you will need to memorize all the strategies and use them simultaneously during the game.
What we mean by this is you will have to use the card that you dealt to determine the number of cards that are left in the deck. The simplicity, as well as the complexity of this strategy, will also depend on the number for cards that are used in eh game.
Card Counting
One cannot mention the casino house edge in blackjack and leave out card counting. Card counting is as exactly as it sounds. You will carefully study the cards to come with the exact cards that are left in the deck.
The most common card counting system in the hi-low. Here card values of 2 to 6 are given the number +1, 7 to 9 are assigned 0 while 10’s, Aces and face cards are -1.
If the running goes up, you are winning, however it goes lower, you re loosing.
Roulette
When it comes to online roulette, the house will be determined by the game that you are playing. That is French, American, or European. At the same time, the casino house edge will also be determined by the bets that you place in the game.
American Roulette
The casino house edge in America n roulette is heavily influenced by the double 00 pocket. In addition, since there is a number of bets that you can make in American Roulette each of the bets has its own different house edge. In addition, these players have different chances of winning when they play the game.
| Your Bet | The Payout | House Edge |
|---|---|---|
American Roulette Casino House Edge Calculation
If you are curious as to how to get to the house edge, you can calculate it yourself. You need to look at the true odds of an outcome occurring versus what the house will pay for out.
Allow us to outline the process for you:
- American roulette has 38 pockets, numbers 1to 36, 0 and 00.
- Therefore, to get to the true edge of guessing a single number are 38: 1, but the house pays 35: 1
- Therefore, on a $1 bet the player is paid $36. $2 less than the true odds the house would pay
- The $2 shows the casino house edge. It would be calculated as : 2 x (1/38) = 0.0526 or 5.26%
This is the basic principle that you can use to get to the house edge on all the America Roulette bets.
European Roulette
All roulette games, despite the different version, have a total of 13 bets. In addition, in European roulette, the principle of getting the casino house edge is the same as that of American roulette, without the 00 pocket of course.
| Your Bet | The Payout | House Edge |
|---|---|---|
Because all the bets have the same house edge, you are more likely to make more form European Roulette than America roulette.
French Roulette
French Roulette has the same layout as the of European roulette. With the same set of numbers. However, there are 2 rules in French roulette that give the game a house edge of at least 1.35%.
| Your Bet | The Payout | House Edge |
|---|---|---|
French Roulette Casino House Edge
As we said earlier, there are two rules in the game that reduce the housed edge to 1.35% in the game. These two rules are the en Prison and the La Partage.
Video Poker
Video poker is one of the most popular real money online casino games. The main reason why this game is loved by many gamblers is that it has a very low casino house edge. As such, Canada real money gambler loves to play because they know that they can win when they play it.
Another reason why people love to play video poker is that there are many game variations. As such, gamblers have an endless selection of the games that they can play.
Playing With Strategy
As much as video poker is easy to play, players can also play the game with strategy. Playing a game with strategy helps you to combat the casino house edge. Not that it reduces it, however, you can find you way around to when you play a game using strategy.
Blow, we look at a few of the most common video poker variations and give a few basic strategy tips to combat the casino house edge.
As we said, video poker is a very profitable online casino game. Moreover, if you, master the basic strategy you can easily beat the casino house edge and walk away with great real money rewards.
Simple Video Poker Strategy Tips
Playing video poker using basic strategy can help you win amazing real money rewards. You can also use these simple tips with the strategy to get maximum rewards.
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Compare the payables
One of the most things when playing video poker is to check for paytable. These will show which poker and pays out more. Because there are many variations, the [poker hand rankings can change with each game that you play.
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Play the max bet
If you are looking to get max rewards from the online casino game, you need to make sure that you play the max bet. Not only will this you give you max rewards but also in some variation, playing the max actually increases your winning odds.
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Play for free first
As easy as video poker to play, there is no harm in you playing it free before you play it for real money. Playing it free will give, you time to practice your basic strategy in the game. As you do so, you can win big when you do play for real money.
Baccarat
Baccarat may not be as popular as other real money online casino game; however, it has one of the lowest real money casino house edges.
| No of Decks | Player Wins | Banker Wins | Tie |
|---|---|---|---|
Baccarat Side Bets
Baccarat is a very simple game that comes with only three bets as you have gathered above. In an attempt to make the game a bit more interesting, casinos have added more bets to the game and these are the tie bets, pair bets and the bid or small bets.
The number of cards in play determines this bet. Which, in baccarat is 6. If just two cards are dealt, small bets win, but if 5 or 6 cards are dealt in big bets win.
Reducing The Baccarat Casino House Edge
Like all the casino game, it is always a gamble. As such, you want to do all that you can to get the most out of the game as well as to reduce the casino edge if possible. Below are a few tips that can help you to reduce the casino house edge when playing baccarat.
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Make the banker bet
The banker bet has the lowest house edge, therefore it is the safest bet. At the same time, betting on the banker means that you get mor4e returns from the casino.
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Don’t bet on tie bets
Toes bet spay out 8: 1. However, they gave the highest casino house edge. As such, this bet is very dangerous to the player. The house has a greater chance of winning more times than you will.
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Play with fewer decks
If you playing with the mind of making real money, it is safer to make the banker bet. That is because with lesser decks you have a casino house edge of 1.01%. In addition, it goes higher with the more decks that you play with.
Craps
At any land-based casino, the table with the, most noise and commotion is the craps table. This is because of it all in the hands of one player who us the shooter. Moving it to online casinos, the game is not as popular as players think the game is complicated. However, this is not the case as craps is s a very easy game to play.
Craps Bet and The Casino House Edge
There are at least 13 bets that you can make when you play a game of craps. Each of these bets has a different payout as well as a different casino house edge.
Multi-Roll Craps Bets
Other than the 13 bets that we mentioned there are other bets that you can make in carps. These are bets that cannot be settled with one bet. One has to go through 2 or 3 bets for the bets to payout. Below we look at the multi-roll bets.
Responsible Gambling
It is important for gamblers in Canada and all over the world to gamble responsibly. This just means that you need to know the gambling laws of your jurisdiction and you stick to them. It also means that you gamble safely and responsibly both at online casinos and at brick and mortar casinos as well.
Responsible gambling further entails making sure that you keep you manage your bankroll. You need to be able to keep track of your gambling funds and make sure that you never gamble with that which you cannot afford to lose.
Lastly, your need to make sure that when you do gamble, you gamble with a sound mind. Avoid gambling when you are drunk as well as when you are too happy and too sad as this can lead to you making clouded decisions.
The Gamblers Fallacy
Beliefs are what can make and break a man. The same is true gamblers. The gamblers’ fallacy has the power to change any gamblers decisions. As level-headed as you think that you are, the fallacy has the power to change all the right choices to the wrong ones.
The gamblers’ fallacy is a set of beliefs that revolves on how much can be won and when. It also believes that casino games payout at a certain time of the day all. That is why you need to be careful to make that it does not make you believe any false casino house edge rules.
Conclusion
To conclude, all gamblers need to make sure that they know the casino house edge. This is, as the house edge will influence how much you can get paid out in a game at the end of the day. As you have noted, various strategies can help you combat the casino house edge to make sure that you get more from the casino.