House Edge – A Full Disclosure🧔

What is the House Edge?🤷

The house edge is a term used to describe a casino’s advantage and exists in every game you play for real money. This figure, which is always a percentage, is typically allocated by the software provider, so the online casino does not have control over it.

You may think your profit rate is not affected by the casino you play at. However, this information is not always true, as in some cases, the software developer offers a range allowing the casino to determine the house edge of the game they offer on their site. Another instance is when the gameplay or rounds affect the house edge; this is common with slots as they offer a higher house edge in the base game, and sometimes when you play with a lower bet amount; the house edge reduces some more when the player unlocks a bonus round or increases their bet amount, offering higher potential payouts.

Every casino game has its house edge, and you can, to some extent, pick the games with the lowest casino profit rate to increase your winning chances. It is necessary to note that even with this information, most players in India are likely to lose money over a period of gambling online. The game is just rigged that way, but it should not be too much of an issue as these games are meant for leisure and not as a means of income.

The Concept of Return To Player (RTP)💭

A term that is closely associated with the casino house edge is the term Return to Player (RTP). It is a way to theoretically measure the percentage of money a game pays out in winnings compared to the amount of money that is wagered.

While the house edge determines how big of an advantage a casino or a game has over the player, the RTP determines how much a player can expect to win from a casino game.

The RTP offers information on how much a player can claim over a period of playing a casino game.

The higher the RTP is, the better it is for players. For example, a slot with an RTP of 98% will, on average, pay 98 dollars per 100 dollars that you wager, and you will lose 2 dollars, which is the 2% slot machine house edge casino profit. However, 98% is considered a high RTP, and many games offer way lower RTP than that, which means you will earn much less when playing most games as they have low RTPs.

House Edge and RTP on Casino Games🏠

Slots are games of chance controlled by Random Number Generators (RNG), making it impossible to affect the house edge. Instead, all players play under the same terms.

This setup creates a situation where casinos can profit more when their customers play slots than certain other games. This is a major reason these games are largely available on casino sites.

With that said, not all slots have the same house edge, and certain titles have high RTP. Some slot games offer high RTPs, up to 99% making them highly profitable for the player, which can turn the tables in their favour.

Note that other computer-controlled casino games, such as video poker and automatic roulette tables, fall under the same house edge as slots.

As mentioned, all casino games have a calculated casino profit percentage; there is no way to avoid that. However, games, where certain levels of skill and strategy is involved, allow you to improve the RTP and lower the house edge. A good example is playing a blackjack variant that requires the lowest number of decks possible with a tested strategy which you can master with demo gameplay.

Just keep in mind that you can’t erase the house edge; only improve your own stance.