The house edge is one of the most misunderstood aspects of casino gaming. It’s expressed in two different ways. The first is the most common for land-based casinos, and it’s as a small percentage. An example of this is baccarat. There are a number of house edges for baccarat and they range between 1.06% and 14.36%. This means that of the money that you bet, the casino can be expected to take that percentage of your wagers. The second way that it works is as a larger percentage, but it is essentially saying the same thing. This is more commonly called the RTP, Return to Player, and is expressed as a larger percentage. It’s normally used for video slot games and will be something like 96.55%. This means of the money you wager you will get 96.55% of it back on average. Most casino games work slightly differently in how the house edge is calculated and how it works, so we’re going to take a look at how some of the most popular casino games work out the house edge.
Video slots are some of the most popular games on the market at the moment. They tend to show the house edge as an RTP value. This basically means that a percentage of between 92% and 97% is normally given. This is how much you will expect to get back on average when you play. It doesn’t quite work that way though.
Because video slots pay out much larger wins than most other casino games – sometimes up to 10,000 times your stake and even more for progressive jackpot titles – this can impact on how the average works. So instead of getting back $94 from every $100 that you wager, you might get back nothing and someone else will get the benefit by grabbing a large win. The reason that these games are fair and do pay back what they say is because the average is worked out over a large number of spins. Sometimes up to 10,000 spins. So, the best way to give yourself a chance of winning a big win is to play for as long as possible.
A great way to do this is through a casino bonus. BonusSeeker offers the opportunity for players to easily find great bonuses. You can even get a Chumba casino’s no deposit bonus to help you increase the size of your bankroll and give yourself a better chance of beating the house edge.
Baccarat and blackjack
When it comes to baccarat and blackjack, these are two games that have very similar ways of deciding the house edge. For starters, the way the games work is by offering bets on different actions within a card game. In both games, the house edge will change depending on the bet that you have placed. The main difference between them is that with baccarat, you place the wager before the game starts and aren’t able to change it.
An example of this would be placing a wager on the banker to win before the game starts. In baccarat, you can bet on three main options: Banker, player and a tie. The banker offers the lowest house edge at 1.06% and the tie offers the highest house edge at 14.36%. This is how your choice can affect the house edge.
Blackjack is slightly different. Because there is a bit of strategy involved in how blackjack is played, the house edge changes depending on the move that the player chooses. So, by choosing better moves, you can lower the house edge and give yourself a better chance of winning. This is called Basic Blackjack Strategy and if you want to be a successful blackjack player, then it’s something that is well worth learning.
Roulette is another game that offers different house edges depending on the wager that you place. It has more in common with baccarat than blackjack, as the wager is placed before the game begins and the player can have no impact on how the game pans out. However, the player can decrease the house edge and give themselves a better chance of winning just by choosing the right version of the game. For example, the version of the game that originated in France has a rule in place that lowers the house edge and gives players a better chance of winning. So, if you want to give yourself the best chance when playing roulette, choose French Roulette.