House Edge – A Full Disclosure

If you’ve played at casinos – either online or at land-based venues – chances are that you’ve heard about the house edge.

The house edge is a crucial part of all casinos and it’s a concept that you have to understand before you start playing.

That’s why we created this fully transparent and honest disclosure of the house edge and why it affects your gambling and potential of winning.

We also offer a breakdown of Return to Player (RTP), a concept that is closely connected to the house edge.

return-to-player-rtp

What is the House Edge?

The house edge is a term used to describe a casino’s advantage and is something that exists in every game that you play for real money. It’s controlled by the game developers and is not a product of the casinos you play at.

Every game has its own house edge, and you can to some extent pick the games with the best house edge to increase your chances of winning.

Though it is important to understand that most players lose money over time.

🙋 FAQ

Frequently asked questions

🏠 What is house edge

The house edge is the advantage the casino has over the player that ensures that the casino is profitable over time.

Another way to look at the house edge is that it ensures most players lose money over time.

🎲 what casino game has the lowest house edge

Casino games and their house edge:

  • Blackjack Single Deck: 1.5%
  • Slots: 2% – 10%
  • Andar Bahar: 2.5% – 5.43%
  • Teen Patti: 2.26% – 15.28%
  • European Roulette: 2%
  • Video Poker: 0.5% – 5%
  • Baccarat: 1.5%
  • Craps: 1.4% – 5%
  • Three-card Poker: 1,5%
  • Backgammon: 4.8% – 6.39%
  • Pia Gow Poker: 2,5%
  • Caribbean Stud Poker: 5.0%

What is Return to Player? (RTP)

RTP, Return to Player, determines how much you can expect to win when playing a certain game.

what games have the best return to player?

Here is the theoretical return to player (RTP) per casino game:

  • Classic Blackjack: 99.41%
  • Live Blackjack: 99.41%
  • Premium Blackjack: 99.61%
  • High RTP Slots: 98-99%
  • Standard Slots: 96-98%
  • High RTP Slots: 98-99%
  • Low RTP Slots: 90-95%
  • French Roulette: 98.65%
  • European Roulette: 97.30%
  • American Roulette: 94.74%
  • 3-Card Poker: 98.24%
  • Craps: 98.64%
  • Baccarat: 98.94%
  • Lottery: 50-70%

This advantage is used for two things

It determines how much the casino is expected to make on every game by ensuring that the casino always has a slight advantage over every player.

Secondly, it determines how big of a chance you have to win real money when gambling.

The house edge is a necessary evil, it is required for the casino to be able to operate their business.

By understanding the house edge you will be able to gamble more realistically while also picking games that give you the highest potential to win. But before we get into that, you must understand the truth about gambling.

House Edge for Specific Games

To give you a better understanding of how much the house edge can vary from game to game, we’ve listed some of the most popular casino games with the house edge. As you’ll see, the same game can have different house edge depending on the version you play, the moves you make, etc.

We’ve also included statistics for the two Indian classics; Andar Bahar and Teen Patti.

The Truth About Gambling

The reason we’ve created this guide is to educate our readers about the house edge and the honest truth about playing casino games. And in the name of transparency and honesty, there is something you need to know.

You see, due to the house edge and the fact that casinos are designed to be profitable, most players lose money when gambling in the long-run.

If a casino didn’t have an advantage, they wouldn’t be making any money and it would effectively make it unprofitable to operate a casino.

Now, you definitely have a chance of winning money when playing casino games, especially if you pick the right kind of game. However, chances are higher that your gambling won’t be profitable.

The Concept of Return To Player (RTP)

A term that is closely associated with the house edge is the term Return to Player (RTP).

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.

RTP is a way to measure how much a game pays out in winnings compared to the amount of money that’s wagered. The RTP is a calculation of the percentage of money a game returns to the player.

The higher the RTP is, the better it is for players. For example, a slot with an RTP of 98% will – on average, calculated per 1 million wagers – pay 98 dollars per 100 dollars that you wager.

In other words, you will lose 2% of all the money you wager in the long-run and that 2 % is the house edge.

However, 98% is considered a high RTP and there are many games that offer way lower RTP than that.

Theoretical Return to Player for Different Casino Games

Keep in mind these vary depending on several factors, how many decks are used, optimal strategy, etc. They are ballpark figures.

In a bit, we’ll also outline certain games where you can use your skills to lower the house edge and improve your advantage. But first, let us take a look at the house edge and slots.

House Edge and RTP on Slot Games

Since slots are random games controlled by a Random Number Generator (RNG), there is no way to affect the house edge. Instead, all players play under the same exact terms.

This setup creates a situation where casinos are able to make more profits when their customers play slots than certain other games. Which, in turn, is the reason why casinos always offer so many more slots than other casino games.

With that said, not all slots have the same house edge and certain titles have really high RTP.

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

House Edge and RTP on Casino Games

As mentioned, all casino games have a house edge. 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. For example, by playing blackjack with a tested strategy and the lowest number of decks possible.

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

Gambling Realistically

As mentioned earlier, you are theoretically bound to lose money when playing at any casino, whether that be online or at a land-based casino. But that doesn’t mean you can’t enjoy gambling and if you’re lucky enough to win a massive jackpot, you can make a profit.

The lesson you should learn is to play realistically, ie. accept that you will likely lose but try to enjoy gambling anyways.

As a matter of fact, online casinos should be considered a pastime and not a means of income. And as long as you can get to terms with that, you can have a great experience playing one of the tens of thousands of games offered today.

Understand and Respect the House Edge

Understanding and respecting the house edge is absolutely crucial when playing casino games.

By learning how to identify the games with the lowest house edge and the highest RTP, you can improve your ability to make a profit. That’s why we always recommend reading a game’s terms and conditions before you start playing.

Lastly, remember to always be responsible when gambling. Never playing for money you can’t afford to lose, you need to monitor your gambling routines to avoid developing a gambling addiction.

To learn more about the risks of online casinos and get tips on how to get professional help dealing with a gambling addiction, you can visit our complete guide on Responsible Gambling.