If it were possible to make a steady income from playing casino games, there would be a lot of derelict office blocks and a lot more casinos. The games offered both online and in your local casino have all been designed to favor the house over time.
That doesn’t mean, however, that you can’t enjoy yourself gambling whilst also hoping to win a little bit of cash. In this article, we take a look at some of the major casino games and tell you exactly what your chances of winning are.
If you’re looking for a new game to play that will minimize your losses and give you the best chance of winning big, read on…
Before we jump straight in and start analyzing every casino game, let’s take a look at the driving force behind every casino game ─ house edge. What exactly is the house edge, and how does it influence your gaming?
Well, the house edge is the term used to describe the advantage that the house (the casino) has over the player. Games are designed specifically to favor the house in the long run, but only enough to make them profitable.
The house edge is not there to make sure that the casino wins big every time a bet is placed. Instead, there is a fine balance between ensuring that the house wins in the long run but also in making games appealing to play.
With every game discussed below, we will explore the house edge, and you will see for yourself that some games offer better chances of success than others.
The most widely played casino banking game in the world, blackjack, or as it is known by some, 21, is the perfect mixture of chance and probability.
It is also one of the lowest house edge games you will find anywhere on the casino floor – which is why online blackjack is the most popular online casino game.
If you were to play blackjack casually, the house edge would sit around 2%, meaning that for every £100 wagered, you could expect to lose on average £2. If you were to box clever and follow a tried and tested strategy, you could cut the house edge to as low as 0.5%.
Over the long course, that would mitigate your losses substantially, and if using a strategy like the Fibonacci or James Bond, you would also increase your chances of winning big.
Verdict: Blackjack is the game with the lowest possible house edge and should be favored by players on a budget.
The first game that comes to mind when most people think of the casino, roulette, is an alluring and enticing game to novices and seasoned gamblers alike. The possibility of placing everything on black and doubling your money in an instant is intoxicating to many gamblers.
Yet something that few fail to appreciate is the high house edge that the game has. Standing at 5.26%, roulette’s house edge makes it one of the most expensive games to play.
Unlike blackjack, there are no credible strategies that can reliably bring down the house edge without increasing your wager to untenable levels. Is that loss of control and increased level of risk worth it? That’s up to you to decide.
Verdict: It all depends on what you go to the casino for. Do you prefer the safety and surety of a game like blackjack or the devil may care drama of the roulette wheel? If it’s the latter, a higher house edge may be a small price to pay for the extra excitement.
Whereas classic table games like blackjack and roulette are measured in house edge, slot machines deal in something called Return to Player (RTP), which is effectively house edge in reverse.
A slot machine, for example, might have an RTP of 96%, which means for every £100 wagered, you could expect to lose £4, i.e., a house edge of 4%.
That figure isn’t set in stone for all slot machines, though. It changes on a game-by-game basis. There are slots with RTPs as high as 98.9% and ones that drop to as low as 90%. On average, though, most slots tend to hover between 96 and 98%.
This relatively low house edge fits in with the image of slot machines as casual games best enjoyed regularly rather than as a one-off.
Verdict: The slot machine is the epitome of casual gambling and, as such, tends to have a relatively low house edge.
There is no casino game in existence that favors the player over the house. If there were, there would be a lot of out-of-business casino operators! That said, though, there are games with lower house edges that represent better value for money.
Blackjack is the most obvious, but there are also a great many slot games that represent great value. If you’re playing a game that hasn’t been covered in this article, be sure to do your research beforehand and find out online what the game’s house edge is.