It’s no secret that casinos make money on their players. If it wasn’t the case, such a business as gambling simply couldn’t exist. Newcomers often think that only cheaters make profit from users’ bets. However, in fact, this is not the case. Experienced gamers understand the mechanism of gambling house existence (you can read more about it at https://www.britannica.com/topic/casino-gambling-house). There are several important rules you need to follow to make a profit in it, such as always keeping an eye on your bankroll and playing with the use of strategies. The institutions themselves do everything to disprove thoughts of fraud. They receive licenses and special certificates, which can confirm their legitimate activities. Such platforms initially spelled out the share that they earn. And it is called House Edge.
What is House Edge?
House Edge is the advantage a casino earns from a user’s bets on certain games. The institutions make a profit from all the entertainment presented in them. Baccarat, roulette, poker, or slot machines – each of these games generate revenue for the gaming house. In most cases, it ranges from 1% to 10%. However, in some games, this value can be as high as 30% or more.
It is worth noting that the House Edge is not set by the casino. This figure is set by the developer of the software even during the creation of the game. The institution can not affect it by making it more or less. Therefore, no matter which site the player decides to bet on, he still cannot avoid paying out the advantage.
What are the Most Profitable Casino Games?
Users choose games based on their preferences. Some like to bet more on classic slots, while others enjoy spending time at the poker table. However, not all casino customers think about what percentage of the profit in each game is intended for the institution. You can read this information in the table below.
| Type of casino game | House Edge Indicator |
|---|---|
| Baccarat | 5,26% |
| Craps | 1,01 - 15,75% |
| Keno | 0,5% |
| Video poker | 0,46% |
| Texas Holdem | 2,36% |
| Sic bo | 2,78 - 33,3% |
Card games, namely poker and blackjack, are considered to be the most profitable for the player. Thanks to the use of special strategies, such as the Martingale system, it is possible not only to get a victory, but also a fairly large win. The most lucrative game for casinos is sic bo. The size of the advantage in it is determined by the odds and the location of the table, as well as the bets made by the gamer.
The House Advantage in Roulette
Roulette is one of the most popular games in virtual casinos. Both beginners and experienced players spend their time at it. In total, there are three variations of this entertainment:
- European;
- French;
- American.
Each type of roulette has its own value of home advantage. If you play in a land-based casino, it will increase or decrease depending on the style of the game. The most profitable for gambling establishments is American roulette, because it has a 5.26 to 7.89% advantage. The European type of the game offers an advantage of 2.7%, while the French type ranges from 1.35% to 2.7%.
Many beginners believe that the odds of winning in this game are 50/50. But in fact, this is not the case. There is always one or two zeros on the wheel, which does not fall under black/red or even/odd bets. This means that every 37 times the player will lose, while the establishment itself will be in profit
However, this does not mean that gamers should not waste their time on roulette. If a player applies special strategies, he will come out of the game a winner in most cases. You can check this out by playing it in the slot demo version, which is presented in many new online casino. Thanks to the free game mode, users will be able to learn the rules of the chosen type of roulette in detail, as well as to make sure that the strategy works.
Blackjack – What Advantage Does the Casino Get When Betting on This Game
Blackjack is a popular card game that has the greatest advantage for the player. In most cases, the casino gets up to 0.5% of the user’s bets. The figure can sometimes go up to 2% if the gamer doesn’t know how to play his own cards correctly.
This is one of the few games where the player’s skills and experience can really affect the size of the house advantage. In particular, if the player uses card counting, his chances of winning increase quite a lot. At the same time, the casino will still benefit from this game in the long run. This is not because the dealer is cheating customers, but solely because the rules of blackjack give him an advantage over gamers.
In this game, the first move always goes to the player. Because of this, there are times when the dealer opens his cards and immediately gets 21 points, not giving the player a chance for a draw. Otherwise, the possibility of winning in them is considered the same.
House Edge in Slot Machines
If we talk about the most popular games in online casinos, it certainly will be slot machines. Now, in almost every casino you can find dozens or even hundreds of slots with a wide variety of themes. However, this issue is not without fraud. Most institutions use slots from well-known developers where you can’t affect the RTP size. But some institutions cooperate with dubious software providers, as well as use special scripts, with the help of which the percentage of the amount of winnings can be adjusted independently. That is why it is important to be responsible in choosing a casino not to fall for cheaters and not to leave all your money there.
It is quite difficult to calculate the percentage of return to the gambling house. Here you need to consider the work of the random number generator ( you can read more about it here: https://en.wikipedia.org/wiki/Random_number_generation), the minimum and maximum values of bets, as well as other indicators. It should be noted that these figures are relevant only when playing for a long distance. For example, the RTP of the slot is 98.7%. Many users think that with 100 bets per $1 they will get back $98.7. However, this is not true. The user can get a big win and earn an amount several times the amount of money bet, or on the contrary, lose. It is thanks to such a complex system that slots are the main type of income of virtual institutions.
About The Author
Dan Taylor
Dan is responsible for content marketing and branding at GuestPostBlogging. He writes about topics related to startup naming, branding and entrepreneurship.
