When you play games at a casino, you’ll often hear the term “house edge.” But what does it really mean?
In this blog post, we’ll break down the meaning of house edge and highlight some of the casino games with the lowest house edges.
Learning about these games could lead to a more enjoyable and potentially rewarding experience.
So, let’s dive right in!
What Does House Edge Mean In a Casino?
The term “house edge” is often used in casinos and gambling circles. Simply put, it’s a mathematical advantage that allows the casino to make a profit over time. This edge ensures that the odds are slightly in the casino’s favour, even if you win sometimes.
For example, if a game has a house edge of 2%, the casino expects to keep 2p of every £1 you bet. This doesn’t affect each hand or roll individually but shows what happens over many plays.
Understanding the house edge can help you choose games with better odds, making your money last longer and your experience more enjoyable.
Does Poker Have a House Edge?
Poker is somewhat unique when it comes to the house edge. In many casino games, the house edge is built into the game’s design. However, in poker, you’re playing against other players, not the house. This means the house doesn’t win your money directly.
Instead, the casino makes its profit through something called a “rake.” The rake is a small percentage of each pot or a fee charged for participating in a game. This serves as the house edge for poker. While this doesn’t impact the odds of winning a hand, it is a cost to be aware of when playing poker in a casino.
How Does House Edge Work?
The house edge is built into the rules and probabilities of each game. It’s the reason why casinos can stay in business even when players win big from time to time. To understand how it works, think of it as a long-term average.
For instance, if a slot machine has a house edge of 5%, it means that over time, for every £100 wagered, the machine will return £95 to players as winnings and keep £5 for the casino. This doesn’t mean you’ll lose exactly £5 for every £100 you bet in a single session, but over thousands of spins, that’s how it averages out.
By knowing the house edge of various games, you can make informed choices about which games might give you better value for your money.
How Does The House Have an Edge In Blackjack?
Blackjack is a popular game that actually offers one of the lowest house edges in the casino, but it’s still there. The house edge in blackjack comes mainly from the fact that the player acts first.
If you bust by going over 21, you lose your bet even if the dealer subsequently busts as well. Additionally, the dealer’s play is automated and follows strict rules (standing on a certain number), giving them a mathematical advantage over players who must make decisions.
However, using basic strategy, you can reduce the house edge in blackjack to as low as 0.5% in some cases. This makes it one of the better games to play if you’re looking to have a longer and possibly more rewarding experience.
Lowest House Edge Casino Games
Out of all of the casino games available, here are the games with the lowest house edge:
Blackjack
Blackjack is known for having one of the lowest house edges, especially if you use basic strategy. The house edge can be as low as 0.5%, making it a great choice for those looking to stretch their money and enjoy longer play sessions.
Craps
Craps might look complicated, but it offers some of the best odds in the casino. The house edge on the “Pass Line” bet is just 1.41%. Opt for the “Don’t Pass Line” bet, and the edge is even lower at 1.36%. Learning the simple rules can really pay off.
Baccarat
Baccarat is another game with a low house edge. Betting on the “Banker” hand gives you a house edge of about 1.06%. Even the “Player” bet is just slightly higher at 1.24%. It’s simple to play and offers good value for your bets.
Video Poker
Video Poker combines skill and luck, and it can have a very low house edge if you choose the right machine and use optimal strategy. Some versions, like “Jacks or Better,” offer a house edge as low as 0.46% when played correctly. It’s a game where a bit of practice pays off.
European Roulette (Single Zero)
If you enjoy roulette, opt for the European version with a single zero. The house edge is 2.7%, which is better than the American roulette with two zeros. It’s a classic game that’s a bit more in your favour when you choose the right version.
What Is The House Edge on Slot Machines?
Slot machines are among the most popular games in any casino. They come with vibrant themes, exciting features, and the promise of big wins. But what about the house edge on these entertaining games?
The house edge on slot machines can vary widely. Typically, it ranges from 2% to 10%. This means that for every £100 bet, the casino expects to keep between £2 and £10 on average. The variance depends on the slot machine’s design and payout structure.
Higher denomination slots usually have a lower house edge compared to lower denomination ones. For instance, a £1 slot might have a house edge of around 5%, while a 1p slot could be closer to 10%.
It’s important to remember that slot machines are games of chance. While you can enjoy their fun features and potential for big payouts, they generally have a higher house edge compared to table games like blackjack or craps.
How To Find House Edge
Finding the house edge for different casino games can seem tricky but it’s simpler than you might think. Here are a few steps to help you:
Check Casino Guides and Reviews
Many online casino guides and reviews detail the house edges for various games. These resources can be a quick way to find the information you need.
Look at the Game Rules
Some games display their house edge percentage right in the game rules or help section. This is often the case for online slots and video poker machines.
Use Online Calculators
There are online calculators specifically designed to help you figure out the house edge for different games. These tools can be very useful, especially for more complex games like blackjack or craps.
Understand Basic Probabilities
For table games like roulette, the house edge can be calculated using basic probabilities. For example, in European Roulette, there’s one zero and 36 other numbers, giving the house its 2.7% edge.
Ask Casino Staff
In physical casinos, staff members are often knowledgeable about the games they offer. Don’t hesitate to ask them about the house edge.
