They say that house, in this case, the casino, always wins. Since all casino games come with a built-in mathematical edge, this statement is true. In the long run, the house edge ensures the casino always emerges victorious, although it will differ from one game to another.
The house edge allows casinos to stay in business since otherwise, they wouldn’t be able to cover their expenses. Understanding the house edge is essential, as it gives players an insight into their chances of scoring a win.
The House Edge in Practice
For example, let’s assume you’re playing a video slot with a house edge of 10%. Over the long term, this means you can expect the game to award 90% of all wagers through payouts.
However, it doesn’t mean that every punter will necessarily lose 10%. Sometimes even a small wager is enough to award a jackpot, while in some instances, punters spend vast sums of money without winning back anything. The house edge represents an average percentage expected to be snatched by a casino.
Players can bring down the house edge by using the right strategy, although choosing games with a low house edge can also help. Such games provide the best opportunity to claim a win. Here’s the list of casino games that offer the lowest house edge.