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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. However, many casual and occasional players don’t know that the likelihood to hit a payout is different with each game. This likelihood is called a house edge.
The house edge – or house advantage – is like an advantage that the casino has over its players.
This precedence 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.
Depending on your preferences and your bankroll, you will be choosing a different casino game. Statistics have shown that some games come with bigger chances of hitting big rewards, whilst others are not as mindful. Today we single out the top 5 best casino games with the lowest house edge that you should know about!
What is Meant by House Edge or House Advantage?
You must have at least once heard someone say that “the odds were against them.” The origin of the proverb goes back to Shakespearean times, that is, the 16th century. It has been used in a litany of different contexts since, meaning that an abstract power played against the person.
In terms of online gambling, odds stand for the probability of you winning or losing. When the odds play in your favor, you are likely to win. That is where the house edge, or the house advantage, comes into play.
The house edge helps casinos to retain a portion of the profit from each bet a player places. To operate further, casinos have to have a guaranteed share of the win.
Another way to describe the house advantage would be the percentage of the player’s money that will be lost after each wager. This is achieved in a longer period of time during which they have the chance to hit winning combinations.
Every casino has its own house edge. Generally, the house advantage cannot be eliminated or neglected. Nevertheless, if a huge payout or a jackpot is hit, the player overthrows the house edge.
RTP (Return to Player) + House Edge = 100%
To exemplify, if a game has a house edge of 2%, you will receive 98% of your money back. The remaining two percent are for the house.
Here is the Casino Directory selection of the games with the lowest house edge.
Note: The order is logical, with the first position having the lowest house advantage.
Some of you might be surprised by this, but it is a fact that slots offer a wide range of house edges. Namely, the broad scope encompasses values between 1.00% sharp up to 23.10%. Digging deeper into the subject, you will learn that some slots, such as NetEnt’s Mega Joker, offer an RTP of 99%. This results in a house advantage of only 1.00%. Therefore, video slots like this one cater for a greater opportunity for players to profit from. There are online slots with a lower RTP, and you should stay away from them if you want safer wins.
#4 Live Casino
Another mildly startling choice is the live dealer compartment. Live casino is factually the fourth-best kind of game if you are looking for a low house edge. The percentage that the online casino retains in a typical live dealer game stands between 0.71% and 3.45%.
This formula particularly applies to the live variant of Blackjack. Live Blackjack, similar to the virtual variation, offers an increased likelihood of you winning. At Casino Directory, you can find all the Blackjack rules that will help you win more easily. The fact that the game takes place in an authentic, augmented reality casino studio boosts the mood and entertainment.
Craps is a unique game that sometimes gets undeservedly overshadowed by slots and table games. The fact is that craps is one of the most player-friendly casino games out there. Craps is the third game on our list for a solid reason. This number offers a house edge range of 0.46% – 5.50%. Consequently, if you are skilled at playing Craps, you can win significantly. The best Craps strategy tips are found at Casino directory. A match of the dice game can really pay off if played correctly. In contrast, this edge can get over 10% if you play other more complicated bets. These include Any 7, Hardways and Proposition bets.
#2 Video poker
We are getting closer to our champion. But before we get there, there is the runner-up that deserves your attention. That is video poker, or specifically, Jacks or Better. This version of the classic poker game lets the casino keep only from 0.44% to 8.70%. One of the highest rating games in the history of iGaming, Jacks or Better is undoubtedly an all-time favorite. One particular version of it that has proven to be the most reliable is NetEnt’s Jacks or Better. Give it a go and let us know how it went.
Now we are finally there. Our winner in the lowest house edge category is the one and only – Blackjack. It takes time and commitment to master your Blackjack strategy. But once you get there, no one can take it away from you. Blackjack keeps its house edges below 1% in most cases. For instance, the lowest one on the market is Microgaming’s classic single-deck Blackjack variation.
The Single Deck comes with an edge of only 0.13%! The second recommendation of ours must be Playtech’s Blackjack Switch. If you like to play this variant, the casino can get a hold of only 0.16% of the odds. The official range for Blackjack house edges is 0.13% – 0.70%. If these numbers sparked your curiosity, and you never played Blackjack before, here is the must-know Blackjack glossary.
Last but not least, we will not leave you without a piece of expert advice.
Finding a casino game you like that has a low house edge is a priority. However, that is not all that matters. As you are the main participant in the game, you want to make sure that you are the best version of yourself. This is achieved by polishing your online casino skills. Here at Casino Directory, we nurture improving oneself, so you can play free casino games right here.
Play your favorite casino game in the fun, or free-play, mode before investing real money in it. When you believe you are ready to play for real cash, go ahead and choose your best online casino.
Practise and have fun!
You’ll thank us later.