For those who love online casino table games, we are sure that you have come across the term “house edge”. Meaning that you are quite familiar with and you know a bit about it. However, for those who are new to online casino games, there is something called the house edge. Allow us to tell you more about it and why you should be wary of it.
What is the House Edge?
This is the casino’s built-in advantage over the player. This is when the casino’s winning odds are stacked against the players. The casino does not beat the players because they are lucky, they beat the players because the odds are stacked in their favor. Now that you know what the house edge is, how can it affect your winning chances?
House Edge and Players Winning Chances
For the casinos, the edge is important because that is how they finance the casino. For each that you play and lose, that is a few more Rands added to the casino’s upkeep. This is also the money that another player is winning.
For a player, knowing this built-in advantage is important because you know how fast you can lose your money. However, the higher, the built-in advantage, the less likely you are to win. This is because you will only be able to play for a little time before your bankroll is spent.
Online Casino Games House Edge
Listed below are few online casino games and they’re a built-in advantage. This, however, may vary depending on the version of the game. As most online casino games have more than one variation to them. However, the ones below are the general range of the edge.
Caribbean Stud poker- 5%
Pai Gow Poker- 2.5%
Online slots- 2% to 10%
Craps- 1.4% to 5%