Foreword | Money88
No one likes losing money, but it’s a part of online gambling that we all have to accept. Even the best casinos with high RTP games like Slot Hunter cannot guarantee that the game will bring you 100% profit today. Still, you can minimize your losses by understanding how the house edge works. In this article, we’ll look at the house edge, what factors affect it, and how you can use this information to your advantage when playing online casino games. Let’s start!
What is Online Casino House Edge? | Money88
When gamblers talk about “house edge,” they’re referring to the online casino’s profit margin. Top casino reviews sometimes mention this component, but not always. This is the percentage of bets that go into your online casino in the long run. For example, if a game has a 5% house edge, it means that you could lose an average of $5 for every $100 you bet.
Of course, that doesn’t mean you’ll lose $5 every time you bet $100 — sometimes you might win, and other times you might lose more than $5. Still, the casino will always be ahead. The house advantage varies from game to game and even from casino to casino. In general, table games have a lower house edge than slot machines. So if you want to give yourself the best chance of winning, it’s best to stick to games like blackjack, poker and baccarat.
House Edge VS RTP | Money88
Without going into too much detail, return to player (RTP) measures how much of the money wagered by players in a game is returned to the player over time. The house edge, on the other hand, is the amount the casino expects to keep over the long term. Simply put, the house edge is the difference between the RTP and 100%. For example, if the RTP of the game is 89%, the house edge will be 11%.
Remember, the house edge is only relevant for the long-term view. In any given session, players can win or lose. However, the house edge always eats into players’ bankrolls over time. This is why it is important to choose games with a lower house edge if you want to improve your chances of winning.
Factors Affecting House Advantage | Money88
Many different factors can affect the house edge of an online casino. Here are some of them:
- Software: An important factor is the software used by the casino. Some software is designed to be more favorable to the bookmaker, while others give players a better chance of winning.
- Game Type: Another factor that affects the house edge is the type of game being played. Some games, such as slot machines, tend to have a higher house edge than others, such as blackjack.
- Betting: Finally, the type of bet also affects the house edge. Therefore, betting on the banker in baccarat has a much lower house edge than a tie.
Game with the lowest house edge| Money88
So which games have the lowest house edge and therefore the highest odds of winning? Here are three good examples to consider!
Blackjack | Money88
Blackjack is one of the most popular online casino games. It’s a lot of fun in terms of gameplay, and has one of the lowest house edge of any game. Therefore, the house edge on blackjack is usually around 1.5%, which means that for every $100 you bet, you can only expect to lose an average of $1.50.
Baccarat | Money88
If you are looking for an online casino game with a low house edge, baccarat is the smartest choice. Baccarat has a house edge of just 1.06%, which means it has a higher RTP than most other casino games. In addition, baccarat is a relatively simple game to learn and you can pick it up right away.
Poker | Money88
Poker is another great form of entertainment with a low house edge. When playing poker at an online casino, the house edge is only 2.7%. However, if you choose video poker, you will enjoy the lowest house edge of any online casino game at just 0.46%. Top online casinos often offer a wide selection of video poker games from leading software providers.
In conclusion | Money88
All in all, the house edge is an important aspect that can be of great use to understand before you start gambling online. By understanding how the house edge works and which games have the lowest house edge, you can minimize your losses and enjoy your online casino experience.
