People play online casino games to have fun and seek entertainment. Each of these casino games offers thrill and excitement and has its own set of rules. Also, there is a major difference in the likely payout percentage from one game to another, and knowing that information is critical before you play.
Playing casino games with a lower house edge means there is a chance of the odds being in your favour. So, we’ve compiled a list of the casino games with the best odds. Read on to know more about them.
The house edge and the payout percentage
Before wagering your money on online casino games and before becoming familiar with the odds and probabilities, it’s important to understand two key terms: the house edge and payout percentage.
Every casino needs to remain profitable in order to thrive in the market and this is where the house edge and the payout percentage come in.
The house edge is the percentage of the player’s bet that the casino odds keeps as profit, over the long term. For example, in roulette house edge is about 5%.
The payout percentage applies to Slot machines and is quite similar to the house edge. Online Slot is typically programmed to pay out 0% to 99% of the money that is wagered by players. This is known as the theoretical payout percentage or RTP.
Online Blackjack involves elements of luck and skill. In Blackjack, you are playing against the dealer. In short, you need to get closer to 21 than the dealer without exceeding this value.
The same rules apply to the dealer, so if the dealer goes bust (gets more than 21), all players who have 21 or lower win.
However, as the dealer deals himself last, he has the advantage of players going bust at an earlier stage, which gives him a slight advantage.
Normally, the house edge for Blackjack is just 1% or as low as 0.13% for online casinos,
Craps is a table game played with dice. The game is very social and features one “shooter” (the person who rolls the dice) and other players around the table who place wagers on the outcome of the shooter’s roll.
On the first roll, called “coming out”, the shooter needs either a seven or eleven to win. If any other number is rolled, that number is known as the “point”. In this case, the shooter needs to first roll and hit the same number (the point) and then roll a seven to win.
As a player, you have multiple betting options in Craps. The most common bets are pass and don’t pass line bets, come and don’t come bets, place bets, buy bets, odds bets, and roll bets.
If you make a “pass line” wager, your odds are approximately 50/50. If you make more specific bets, your odds of winning drops but your payout rises.
Roulette offers close to 50% chance of winning
The game of Roulette includes a wheel with 37/38 numbered pockets on it, depending on the version you play. The numbers 1-36 are either red or black and the number 0 (and in American casinos, also 00) in green.
The pays of European Roulette are the same as in American Roulette. However, as there is a single zero on the European wheel, the house edge is cut to 1/37, or 2.70%, on all bets.
There are several ways to place roulette bets. The simplest one is to bet on whether the ball will land in a red or black pocket, which has odds of almost 50/50.
You can increase the payout – but lower your odds – by betting on a specific number or range of numbers.
Conclusion
Using the information in this article, you can make informed bets at casino odds. But keep in mind that the house always has an advantage. The more often you bet, the higher your chances of losing are.
There’s a difference between not winning and being a loser. You can enjoy casino games and accept that you will experience a losing streak at some point.
So, make sure you have a fixed limit of how much money you’re willing to lose, and never let yourself cross the boundary.
