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Your Guide To The House Edge

Do you play casino games regularly enough for Lady Luck to be impressed with you?

But again, if you are playing casino for a long time, you would know that foolish to predict anything. Then, of course, you must have heard the term house edge being bandied about. This is simple in both concept and practice and is used in reference to the percentage of players money that a casino rakes in over the long run.

Your Guide To The House Edge

Without the house edge in place, no casino would be able to operate. It is normally expressed in certain percentages, which varies depending on the game being played and occasionally on the casino in which it is being played.

The house edge can be reduced by the proper application of betting strategies tailored to the game being played, by choosing games with low house edges and by playing for short periods. Listed below are some of the most popular casino games around.

Craps

Craps has one of the lowest house edges among other casino games but is a little difficult to get the hang of. Becoming a pro at it takes hours of constant practice, but it is usually worth it.

  • Pass/Come: 1.41%
  • Don’t Pass/Don’t-Come: 1.36%
  • Odds (4 or 10): 0%
  • Odds (5 or 9): 0%
  • Odds (6 or 8): 0%
  • Field (2:1 on 12): 5.56%
  • Field (3:1 on 12): 2.78%

Slots

On the other end of the scale, slots are easily one of the easiest games around. Some slot games come with 3 reels, others have 4, 5 or more. Some slots also come with progressive jackpots, simple or complex bonus rounds, and other features. Overall, slots can be incredibly varied and have more themes than you can count. Line up enough matching icons and you soon might be celebrating!
2%-8%

Blackjack

Blackjack is an old game with many variants. Each of these variants has their own distinct house edge and calculating this is quite simple with the provision of online calculators. Single-deck and multi-deck blackjack also have their own distinct rules. However, upon application of an optimal strategy, the house edge in blackjack can be made to shrink below 1%.

Video Poker

If you are searching for video poker machines with the lowest house edge, it would be wise to confine your search to “full pay” machines. The paytable of these sort of machines is set at 9-6. This means that a full house pays out at 9-1, while a flush pays 6-1. An example of such machines is the Jack or Better, with the house edge here going as low as 0.5% when players are playing optimally.

  • Jacks or Better: 0.5%
  • Baccarat- The house edge in this game of chance varies according to the number of decks present in the shoe. For a six-deck baccarat, the odds are:
  • Banker: 1.06%
  • Player: 1.24%
  • Tie: 14.44%

Roulette

The European Roulette variant of this game with its use of 36 digits and a single zero has the lowest house edge. Its American counterpart, on the other hand, has 37 digits and a double zero pocket. It is therefore bigger.

  • European: 2.70%
  • American: 5.26%

There you are! Now you know a little bit more than you previously did about the house edge of various games of chance. Do keep it in mind when playing your favourite casino game.

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Chelsea Palace is so popular that players have been merrily playing sinful games of chance for a long time! Why not follow in their footsteps and come play at the Chelsea Palace. Just be prepared to have a stupendously mind-blowing time with the array of casino games on offer!

Blog Summary

Blog Name: Your Guide To The House Edge

Posted On: 22/10/2018

Author: Robert Bowron


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