Winning more money in the world of online gambling is tied to many factors such as luck, good energy, strategy, and house edge. Even though most casino games are tied with luck, you can still improve your chances of winning some money.
One of such ways is knowing which games to choose based on the house edge.
What is House Edge in Online Gambling?
House Edge or otherwise known as casino advantage is something that exists in every table game, slot, lotto, and every other form of online gambling. The house edge tells us how much each game pays out on average over its lifespan.
The casino advantage is a product of the games themselves and it is not set by individual casinos. This means that no matter where you choose to invest your money if you are betting on casino games, you cannot escape the house edge.
The house edge is the amount of money that the casino takes out of all bets. This means that you should choose casino games with the lowest possible house edge just to increase your chances of winning some money.
In today’s article, we will highlight some of the casino games with the highest house edge.
Roulette is one of the most popular table games played in online casinos, but most people don’t realize that there are a few different versions of the game. European roulette features numbers from 1 to 36, the same as the American roulette, but the American roulette has a single 0 and a double 0 pocket.
This might not seem like a big difference, but it drastically affects the house edge and your winning chances.
That is why European Roulette has a good house edge of only 2.7%, whereas the American version of the game has a house edge of 5.26%.
Even though the house only takes 5.26% on average out of all bets, and you can still win some money, American Roulette falls in the category of casino games with a high house edge.
Of course, this doesn’t mean that American Roulette pays out less since the game depends on many different factors including luck. In other words, the situation might be completely different for you and you might win more money playing American Roulette.
If you want to try your hand at American Roulette, you can try your luck at 1GoodBet, but make sure to consider the high house edge that might not be profitable in the long run.
Caribbean Stud Poker
Apart from the original version of poker, Caribbean Stud Poker is probably the most popular and best-known poker variation found in online casinos. This version of poker came out in the early 1980s and it has gained popularity all around the world.
Since it is based on similar principles to classic Poker where the win/lose ratio heavily depends on the skill of the player, the house edge can vary. The rules of Caribbean Stud poker are quite simple and if you played some of the poker variants like Hold’em or Five Card Draw, you should be good to go.
Like most other table games, Caribbean Stud Poker is played against the house, and at the start of the hand, you need to place the ante in the desired box. After that, the dealer deals all players five cards each, face down.
They also will get five cards for themselves but one of their cards is turned face up for everyone to see. After that, you’ll get the opportunity to browse each other’s cards and make a decision whether to bet or not.
Caribbean Stud Poker is very fun to play, but unfortunately, it has one of the worst house edges out of all card games found at a casino. With an average house edge of over 5% even when playing the best strategy, it is one of the lowest-paying card games in online casinos.
Baccarat is another popular card game found in online casinos and it is many players’ favorite since it is very entertaining. Another thing that greatly contributed to the popularity of the game is the simple rules that sound very appealing for new players.
But when it comes to the house edge the situation is a bit different. The amount of money you win in baccarat heavily relies on strategy, and how you play. This is why some players might get a very low house edge and others can go up to 15%.
In other words, it depends on the type of bet you are going to make during your gambling session. There are three types of bets in Baccarat as Banker Bet, Player Bet, and Tie.
The Banker bet is your best choice with a house edge of only 1.09% since it is most likely that the banker will win the hand. The Player bet has a house edge of 1.24% which is equally good, but the worst betting decision you can make is wagering on a Tie bet with a house edge of 14.36%.
Pai Gow Poker
This is another poker variant that has a high house edge compared to other poker games. It is played with a standard deck of 52 cards plus one joker, and the main objective is to beat the banker. Two poker hands are dealt with seven cards, a five-card high hand and a two-card low hand. Your high hand must beat your low hand.
Since the rules are a bit different from classic Poker games, the house edge is also different coming at 2.5% which is quite similar to Texas Hold’Em with 2.19%.
These are some of the games found in online casinos that have the biggest house edge and it is best if you avoid them just to increase your chances of winning some money. But, as we mentioned before, all of this depends on many different elements that you cannot control.
Remember, the house edge is taken on average out of all bets for a certain period of time. In some cases, the house edge might not affect your winnings, and you can walk away profitable from any of these games.
So, before choosing an online game at a casino, make sure to review the game and read all the things that are important for you to create a winning strategy.