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Top 5 Casino Games with Lowest House Edge That Every Player Should Know
- May 27, 2014 By Staff Writer -
Casino games are mainly played for fun and to win some money in the process, but many casual and occasional players don’t know that the likelihood to hit a payout is different with each game, and this likelihood is called a house edge.
The house edge is like an advantage that the casino has over its players, which helps the casino stay in profit and enables it to provide its services. In return, players get games with favorable house edges to be able to get their money back by playing them.
What is meant by House Edge or House Advantage?
When you hear someone saying that the odds were against him he is speaking of the house edge, or the house advantage. It’s the probability for a player to win a bet and it helps casinos to retain profit from each bet, which is represented with the difference between the total amount wagered and the total amount returned on the long run. It can also be described as the percentage of the player’s money that will be lost after each wager in a longer period of time during which he has the chance to hit winning combinations too.
Every casino game has its own house edge and it’s possible to be eliminated, usually by hitting a jackpot or another large payout, or by using a proper betting strategy to make the most of your bankroll. A game with a house edge of 2% means you will receive 98% of your money back by giving you losing and winning combinations during your gambling session. The remaining two percent are for the house.
#5 Three Card Poker
Three Card Poker is a shortened version of poker that is fun, simple and most of all fast-paced, which is the main reason why the game is popular among poker players. Each player gets a hand with three cards, and is perfect for applying a basic strategy. The edge varies from 1.5% to 4% depending on the bet, while with an optimum strategy of always playing a high Queen the total edge for the Ante and the regular bet gets to 2.01%.
Craps may have the most confusing bets compared to these games, but it is actually one of those with a low house edge of only 1.41%, which is the edge for the Pass line bet, the most basic and primary bet in Craps. On the other end this edge can get over ten percent if you play other more complicated bets, such as Any 7, Hardways and Proposition bets.
Baccarat is a simple skill game where only three bets are possible of which two have very low house edges: the banker bet (1.06%) and the player bet (1.24%), however the banker bet has an added commission, so your best bet would be the player bet. What’s even better is that this game can be really rewarding even when using the simplest strategy, or some popular progressive betting system.
#2 Video Poker – Jacks or Better
Jacks or Better is by far the best video poker game for those that seek low house edge, although there are cases where Joker Poker and Deuces Wild have the better edge. You can play Jacks or Better at any online casino. The variation with the lowest has edge is NetEnt’s variation, 0.44%. Variations from other software providers vary up to 0.46%, so there is not much difference.
#1 SingleDeck Blackjack
Blackjack is probably a game with the most variations and each has a great house edge, but none can beat the 0.13% of Microgaming’s classic single-deck blackjack variation. There aren’t many casinos that offer this game, but those bold enough let players enjoy it. Other variations, such as Playtech’s Blackjack Switch has an edge of 0.16%, while Single DeckBlackjack by Betsoft has 0.35%. There are very rare cases of blackjack variations with an edge over 1%.
Finding a low house edge casino game can be the difference between being a winner and a loser, considering you have the appropriate skills. Moreover, using a strategy can be the difference between being a winner and a pro player, so prepare well, use all the resources you can get online including playing casino games for free in practice mode, and when you believe you are ready enough just switch to real money mode.