Online casinos are here to make gambling fun and recreational without any discrepancy and hidden elements. However, you shouldn’t forget that they are for-profit businesses who need to make money legitimately as well. So how do they do that?
Well, that’s where the whole picture of Casino House Edge comes in. If you know the basics of how to play casino games and still aren’t familiar with this term, you aren’t alone.
|Simply put, Casino House Edge is something like when you enter an arcade, the entry is free, but when you want to play a game, you have to pay up. House edge is that cost that you, as a player, are required to pay to play the casino game of your choice.|
Naturally, it yields an impact on your wins as well as losses. Sometimes, you might not lose much if you win for a short time and then quit. But if the games have a higher house edge, you’re looking at a potential bankruptcy. Even some of the best Indian online casinos have them.
This is why players are always on the lookout for casino games with lower house edges. And if you’re like me, who also loves low investments, here’s a list of such ones to play online!
List of popular casino games and their house edge:
|Casino Game||House Edge (%)|
|Blackjack||0.5 – 2|
|Roulette||2.5 (depends on the bets you make)|
The most favourite table game of all, Blackjack has always held a special place in many gamblers’ hearts. This game is known to have the lowest house edge between 0.5% to 2% but of course, depends on 5 things:
- The blackjack skills you have
- The blackjack strategies you apply
- The bets you place
- How well you play
- How focused you are
With blackjack, the trick lies in the cards – you’ve to note the differences in the cards and make a mental note. Apply this to a single deck game and you’ve sky-rocketed your chances of winning the game and significantly reduced the house advantage.
Known as “Little Wheel” in French, this classic casino game is bursting with abilities that lowers the house advantage to as little as 2%
But with the right type of bet, you can even bring it down to 1.35%, which is explained in detail below:
Outside Roulette Bet
If you’re a beginner, an outside bet is the ideal best choice. To be specific, even-money bets including black/red, high18/low18, and even/odd.
|Name of the Bet||Description of the Bet||Payout||European Roulette||American Roulette||French Roulette|
|Black/Red||A wager on 18 black or red numbers.||1/1||2.7%||5.26%||1.35%|
|Even/Odd||A wager on 18 even or odd numbers.||1/1||2.7%||5.26%||1.35%|
|Low 18||This wager will cover numbers from 1 to 18.||1/1||2.7%||5.26%||1.35%|
|High 18||This wager will cover numbers from 19 to 36.||1/1||2.7%||5.26%||1.35%|
|Dozens||A wager on 12 sequential numbers in a row.||2/1||2.7%||5.26%||NA|
|Columns||A wager on 12 non-sequential numbers in a column.||2/1||2.7%||5.26%||NA|
There are 35-1 straight line bets but with 37 numbers on the wheel, the chances of reducing the house advantage increases at double zero. These are just a few tips. To learn about it in-depth, go through my guide on online roulette and understand the strategy better.
Always hidden in the shadows of live dealer games and slots, Craps is the casino underdog. The house edge varies from 5% to 1.4% and is a great first step if you’re new to gambling. Steer clear of the proposition, hardways or any 7 bets, which shoots the house advantage to 10%.
Some of the simplest casino games to learn and understand is Baccarat. It’s all about placing your bets on the player, the banker or a tie. That’s all you get to do. However, there is a slight strategy behind the game, which you can deploy to get the house edge to 1.5%. Simply place your bets on the player since the banker has an added fee.
Slot games are often what non-players relate to gambling. Movies with players playing on slots and having fun is not at all overrated because this casino game is truly vibrant and especially, easy to play.
Slots are considered as major revenue contributors for casinos. With a percentage varying from 1.5% to 10%, their house edge can still be tweaked and the randomness is quite high as well.
Other games that also have a low house edge include:
- Three Card Poker: 1.5%
- Backgammon: 6.39% – 4.82%
- Video Poker: 5% – 0.5%
- Pai Gow Poker: 2.5%
- Carribean Stud Poker: 5.0%
Congratulations! You’re officially now the casino house edge expert. Combine it with your knowledge and a little bit of caution, and you’re absolutely golden!
However, it’s always better to first practise your skills before you apply these strategies because there are chances that due to unpracticed skill application, these tips might be counteractive and make you lose money instead of winning.
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