No one enjoys losing money, but it’s a part of online gambling that we all have to accept. Even the best casinos like Slot Hunter with high-RTP games cannot guarantee that the game will be 100% profitable for you today. Still, you can minimize your losses by understanding how the casino house edge works. In this article, we’ll look at casino house edge, what factors influence it, and how you can use this information to your advantage when playing online casino games. So let’s get started!
What Is Online Casino House Edge?
When gamblers talk about the “house edge,” they refer to the online casino’s margin. Top casino reviews sometimes mention that component, but not always. That is the percentage of a bet that goes to your online casino in the long run. For example, if a game has a house edge of 5%, that means that for every $100 you bet, you can expect to lose $5 on average.
Of course, this doesn’t mean that you will always lose $5 every time you bet $100 — sometimes you might win, and sometimes you might lose more than $5. Still, the casino will always come out ahead. The house edge can vary from game to game and even from casino to casino. In general, table games have a lower house edge than slots. So if you’re looking to give yourself the best chance of winning, it’s a good idea to stick to games like blackjack, poker, and baccarat.
House Edge VS RTP
Without going into details, Return to Player (RTP) measures how much money wagered on a game is returned to players over time. On the other hand, the house edge is the amount of money the casino expects to keep over the long run. Simply put, the house edge is the difference between the RTP and 100%. For example, if a game has an RTP of 89%, the house edge would be 11%.
Please remember that the house edge is only relevant to the long-term perspective. In any given session, players can win or lose. However, the house edge will always eat into players’ bankrolls over time. That’s why choosing games with a low house edge is important if you’re looking to improve your chances of winning.
Factors That Impact House Edge
Many different factors can impact the house edge in an online casino. Here are some of them:
- Software: One important factor is the software that the casino uses. Some software is designed to be more favorable to the house, while others give players a better chance of winning.
- Game type: Another factor that can impact the house edge is the game type being played. Some games, such as slots, tend to have a higher house edge than others, such as blackjack.
- Bet: Finally, the type of the bet can also impact the house edge. Thus, a bet on the banker in baccarat is associated with a far lower house edge than a tie bet.
Games with the Lowest House Edge
So which games have the lowest house edge and, thus, offer the highest odds of winning? Here are three good examples to consider!
Blackjack is among the top popular online casino games. It is interesting in terms of the gameplay and has one of the lowest house edges of any game. Thus, blackjack’s house edge is normally around 1.5%, which means that for every $100 you bet, you can expect to lose an average of just $1.5.
Baccarat is the wisest option if you’re looking for an online casino game with a low house edge. The house edge for baccarat is just 1.06%, which means it has a higher RTP than most other casino games. In addition, baccarat is a relatively simple game to learn, so you can start playing immediately.
Poker is another excellent entertainment type with a low house edge. Poker has a house edge of just 2.7% when played at an online casino. But, if you choose video poker, you will enjoy the lowest house edge of any online casino game, at just 0.46%. Top online casinos normally have a wide selection of video poker titles from leading software providers.
To sum it up, the house edge is an important aspect, the knowledge of which might be of great use before you start gambling online. By understanding how the house edge works and what games have the lowest house edge, you can minimize your losses and enjoy your experience at an online casino.