Fans of casino games play games primarily for fun, but also to win money. When it comes to winning money, it’s important to know that there is a difference in the payout percentage of casino games. The payout rate helps casinos determine the so-called “house edge”, which greatly gives them an advantage over the players. If you want to know more about casino games with the highest and lowest house edge stay with us, we have prepared more detailed information for you below.
What defines House Edge?
House Edge is the ratio of the initial bet to the average loss. There are casino games in which the initial bet is not the final bet, because the player, depending on the outcome of the game, can increase his bets. In such cases, the additional money that has been invested is not included in the formula for determining the edge of the house, which can increase the measure of risk. Based on the player’s optimal strategy, the numbers on the house edge are also based.
By the above, the house edge is not determined about the average bet, but about the original bet. Based on this, it is easier for the player to estimate how much he can lose, because any statistics that are based on the average bet can hardly be applied in the real game.
Casino Games – House Edge
Are you interested in which casino games with the lowest house advantage, that is, which games offer you the best chances of winning? Below we will introduce you to the casino games with the lowest house edges, where some have a higher house edge than others, and we will deal with each one separately.
BLACKJACK
House Edge 0.5%
Of most casino games, blackjack is the game that offers the best chance of winning with good strategy, especially if you can find a single-deck game. A very important factor that plays a role in successfully playing this game is the skill of the players, where experienced and skilled players can play against the specified house edge, while the less experienced players will probably increase the house edge because they are not experts in this game. Therefore, our advice is to develop skills and strategies in playing this game, to increase the chance of winning and thus reduce the house edge.
CRAPS
House Edge 1-16%
Craps is a casino game with dice, in which there are more rules related to gambling than in other casino games. Before you start betting in this game, it is necessary to study the rules of gambling well. Bets with a house edge of 0% are pass or no-pass bets. Combining these bets with other bets will further reduce the house edge.
THREE CARD POKER
House Edge 1.5%
This is a casino game where a basic poker strategy can be applied. It is recommended that you have a better chance of winning if you play Queen, while the dealer will have a better chance if he plays King high.
BACCARAT
House Edge >1.5%
Baccarat is a popular card game, which has very simple rules, and the winner is the one who gets the most points. Points are gained by drawing two or three cards. This is a game in which the winner is the one whose sum of cards is closest to the number 9. If you make a good bet you can expect to win, because the essence of this game is that before the hand is dealt, you bet on the one who you think will win. In this game you have three betting options, you can bet on a player, banker, or tie.
ROULETTE
Roulette European – House Edge 2.70%
Roulette American – House Edge 5.26%
If you know the basic rules, roulette is one of the easier casino games, which at first may not seem to require any special skill. However, perhaps this assumption is one of the reasons why most players favor the house over them. By developing simpler strategies and paying attention to details, you can greatly increase your chances of winning and reduce the house edge.
The difference between European and American roulette is that American roulette has one more zero and a total of 38 numbers, unlike European roulette, which has 37 numbers. It is this difference in one number that makes the house edge twice as big.
VIDEO POKER
House Edge up to 5%
Video poker is one of the more popular casino games, and is a favorite of players who want a faster experience. This is a game that gives players a choice of different games. This is a game with a higher percentage of earnings, so in addition to great fun, you can also get quite a solid payout. In addition to the fact that this game includes a house advantage, with the development of certain skills, there is an opportunity to significantly reduce the house advantage.
SLOTS
House Edge up to 15%
Slots are exciting casino games with fast payouts, exciting bonuses, and big wins. The house edge varies depending on the type of game and ranges from 0.5% to 15%. Slots are certainly the most popular games in a casino, which are constantly expanding, and almost every casino offers hundreds of different slot games.
Conclusion
House Edge is the ratio of the average loss to the initial bet. With different casino games, there is a difference in payout percentage. In this article, we have tried to introduce you to some of the casino games, which with some additional factors and developed strategies can give you a higher chance of winning and reduce the house edge.
