Do you play casino games? Then, you might have come across the term “house edge.” This is a term that many intermediate and advanced players use from time to time. Essentially, it is the advantage that the casino house or platform has over other players. Hence, it is an important factor that you must be aware of.
Primarily, the house edge ensures that the casino platform wins over the long term. Hence, if you know how it works, you will be able to make better decisions. This way, you will be able to choose the games you want to play. Moreover, you will be able to manage your expectations while you play a particular game.
Read on to get a better idea of what the house edge is. Also, you will know some essential details about how it works.
What Is House Edge in Online Casino? – A Basic Overview
Whether you win a particular casino game or not, the casino platform always wins. This is because of the house edge factor.
Basically, the house edge is the share of each bet that the online casino platform retains in the long run. In fact, it is a statistical edge of the platform that ensures that it wins against players in the long term. However, the outcome of a particular game might vary in the short term. But, in the long run, the casino platform wins.
Hence, when you are playing Stake Betting or a slot game, by knowing the house edge, you will be able to approach the game. Actually, the larger the house edge of a platform, the more likely that platform is to win.
House Edge vs. RTP: What Is the Difference?
In most cases, many players get confused between RTP (return-to-player) and house edge. But, they have a critical difference that you must know:
House Edge | Return-to-Player |
It is the percentage of all bets in the long run that the casino retains. | It is the percentage of total wagers in the long run that the platform returns to players as winnings. |
Hence, it is evident that the house edge favors the online casino platform. Meanwhile, RTP favors the players. This shows that these two factors are two sides of the same coin.
How Does House Edge Affect Your Winnings?
Primarily, the house edge of the online casino platform, like Aviatoronlinebet, impacts how much you win over the long run. In fact, you might win from the platform in the short term. However, the casino will make a profit over the long run.
The following are some of the most common house edges in major online casino games:
- Blackjack: 0.5%
- Roulette: 2.7%
- Slot Games: 5-15%
As you continue to play on a particular platform, the house edge becomes evident. In fact, if you are playing a game with a high house edge (like slots), you might end up losing faster. However, this is not possible with table games like blackjack.
What Online Casino Games Have a Low House Edge?
There are many games that limit the casino’s advantage against you. Hence, it makes sense to focus on online casino games that come with a low house edge. The following are some of the major casino games that have a low house edge:
1. Blackjack
If you want to play a game with a low house edge, blackjack is the best game to choose. In some cases, the house edge of blackjack gets as low as 0.5%. However, you have to utilize proper strategies to win. Apart from luck, blackjack also depends on skills. Hence, the decisions you take while playing influence your outcome significantly.
2. Baccarat
In general, baccarat has a low house edge of 1.06% on the banker bet. Moreover, on the player bet, it has a house edge of 1.24%. Moreover, the best thing about baccarat is that it is simple to play. Hence, if you are a casual online casino player, it is a great choice.
3. Craps
With a low house edge, craps come with a variety of betting options. For instance, if you choose the Pass Line bet, it has a house edge of 1.41%. Hence, if you stick to low edge bets, you will be able to limit the online casino’s advantage over you.
4. European Roulette
In most cases, American roulette does not have a low house edge. However, European roulette has a low house edge of 2.7%. This is because European roulette comes with only one zero. Meanwhile, the American roulette comes with both a single zero and a double zero.
5. Video Poker and Other Poker Games
When it comes to casino games, video poker offers one of the lowest house edges. In fact, in some cases, the house edges might be as low as 0.5%. However, you have to play with the right variation. Moreover, you must use the right strategy while gaming.
Is It Possible to Beat the House Edge?
To be honest, there are no proper strategies to eliminate the house edge. However, there are many ways in which you will be able to minimize the impact of the house edge of the platform. The following are ways through which you will be able to lower the house edge:
1. Card Counting
If you are playing games like blackjack, you will be at an advantage if you keep track of the cards. Basically, you must check the ratio of the high to low cards that remain on the deck. However, it does not fully reduce the house edge of the platform.
2. Bankroll Management
You might set limits on how much you want to bet on the platform. This way, you will be able to preserve your bankroll in the long term.
3. Utilizing Strategies
Always play with an optimal strategy when you are playing games like video poker and blackjack. This will help you to somewhat minimize the house edge.
However, you must be aware of the reality that the house edge always remains for the platform. In fact, it is the platform that always wins.