Casino games and the house edge : Players odds to win?

[vennali]

Online casinos are very popular on our forum and there are many games available for the gamblers to enjoy. The number of crypto online casinos just keeps on growing for crypto enthusiasts to choose from. However, not all casino games are created equal when it comes to the odds of winning. The house edge, also known as the casino advantage, is the mathematical edge that the casino has over the player in the long run. It reflects the difference between the true odds of winning and the casino’s payouts for winning bets.
The house edge varies depending on the game, the rules, and the strategy of the player. Some games have a fixed house edge, while others have a variable house edge that depends on the player’s choices. Generally, the lower the house edge, the better the chances of winning for the player.

I am going to list the casino games in the list below. They are only average estimates as the actual house edge may vary depending on the specific game, the casino and the player's choices. Therefore, it is advisable to check the rules and the payouts of the game before playing, use the sensible strategy and money management. Please gamble responsibly.

Casino Game	House Edge
Blackjack	0.5% (with Optimal strategy, favorable condition)
Baccarat	1.01% (Betting on Banker)
Craps	0% (Betting on the odds)
Video poker	0.46 (Jacks or better with full pay)
Roulette	2.7 (single zero)
--------	--------
Keno	20-40%
Slots	2-15%
Big Six	11.11-24.07%
Sic bo:	2.78-33.33%
Tie bet in baccarat	14.36%

Separated the table by lowest house edge and highest.

I'd like to add that the house edge isn't the only factor that determines the profitability of the game. Players should also look into the variance, payout ratio, Skill level required being the other main factors. For example, some gamblers might enjoy, a game with higher house edge but the variance being low, meaning consistent set of results (like slots and similar games) while others might prefer low house edge but with high variance, which brings higher risks to the game but also gives high rewards (like Blackjack etc).

Ultimately, the best casino games to have a favorable winning position are the ones that suit the player’s preferences, budget, and goals. The player should always be aware of the house edge and the rules of the game and use a sensible strategy and money management. Online casinos can be a fun and exciting way to gamble, but only if the player plays smart and responsibly.

Without making the post too long, I'll add basic strategy for one of the casino games that I'm experienced in, being Blackjack.

Basic and general strategy in Blackjack:
-Always split aces and eights.
-Never split fives and tens.
-Double hard 11 except against a dealer ace.
-Stand on hard 17 or more.
-Hit soft 17 or less.

Of course, these rules are not enough to cover every situation, and they may not be optimal for some variations of blackjack. Therefore, it is advisable to use a strategy chart or a blackjack calculator that can adjust to the specific rules of the game you are playing. Remember, the optimal strategy does not guarantee that you will win every hand, but it will reduce the house edge and increase your chances of winning in the long run.

Please suggest if there's any other games that should be added and want to know how the odds are calculated for a specific game. I personally may not know but will he happy to look into it, learn and help fellow gamblers.

Good luck, Have fun and Gamble responsibly.

[pawel7777]

Thanks for starting this topic. Even though those odds can vary between casinos, it's good to at least have some idea of what to expect from each type of game.
Personally, I think there should be a legal requirement (or just a good custom) to display odds for any type of game, especially online ones. It's crazy to think how many players don't even care about the odds and would only focus on the entertainment side (flashy animations etc).
I remember enquiring to the customer service of one of the crypto-casinos years ago about the house edge for some of their slot-type game (if I remember correctly) and not only the customer service could not give me an answer - they didn't even know what the house edge was.

[AmoreJaz]

Thanks for starting this topic. Even though those odds can vary between casinos, it's good to at least have some idea of what to expect from each type of game.
Personally, I think there should be a legal requirement (or just a good custom) to display odds for any type of game, especially online ones. It's crazy to think how many players don't even care about the odds and would only focus on the entertainment side (flashy animations etc).
I remember enquiring to the customer service of one of the crypto-casinos years ago about the house edge for some of their slot-type game (if I remember correctly) and not only the customer service could not give me an answer - they didn't even know what the house edge was.

as we have seen most casinos don't display the house edge or the rtp. but you can also check the info for example in slots. they have option of reading the info for each game. however, as you've said, very few gamblers actually check those aspect as they will just proceed on playing.

also, if you can't find such number in the info section of the game, i guess, it is fair enough to ask their technical support. but i can agree, that sometimes you will encounter a customer service who doesn't know a lot of things about their site itself. but if you do really want to check that particular info, better play on a casino with active thread in the forum, and you can easily ask assistance from their rep or other users who are very familiar with the site.

but for most legit sites, they should display the RTP or the HE of each game. most are not visible for the players to see, usually, you have to press the question markt (?) button or the info button (!) on each side of the game

[letteredhub]

I remember enquiring to the customer service of one of the crypto-casinos years ago about the house edge for some of their slot-type game (if I remember correctly) and not only the customer service could not give me an answer - they didn't even know what the house edge was.

I bet you mate they know, oh yes the customer service correctly have an idea of the house edge but only pulled up that professional stunt to  dodge from giving you the answer you seek. It could be that the ratio of their house edge could be so discouraging for any gambler to believe that they can stand a chance if they should have knowledge of it. What I think every gambler should be doing is observing how much you lose on a particular game of a casino despite all manner of strategies used, in that way you can judge for yourself if the odds of winning in terms of the house edge is actually fair or not.

[uneng]

It's crazy to think how many players don't even care about the odds and would only focus on the entertainment side (flashy animations etc).

I have the impression people just don't care about house edge these days anymore, like they used to care in 2015-2016. I don't see people talking about it on gambling threads and when one or other person mention house edge, the conversation doesn't go ahead or isn't quoted by anyone else. It's like after crypto gambling got more popular and new casinos took the front of the industry, people alienated themselves from the learning and understanding how gambling basically works. But back then I remember accessing different dice websites (they were really simple) and seeing explicit on their front pages how much their house edge was. Total transparency.

I remember enquiring to the customer service of one of the crypto-casinos years ago about the house edge for some of their slot-type game (if I remember correctly) and not only the customer service could not give me an answer - they didn't even know what the house edge was.

It's an absurd! Do you remember which casino was that?

I think I would open another ticket on customer service just to report their support doesn't know what house edge is.

[topbitcoin]

Thank you for the information OP conveyed, it is quite an interesting and useful post. And I hope I'm really lucky when I gamble.
In casino games, the house edge is the mathematical advantage that the casino has over the player. This means in the long run, the casino has an advantage in most games. For example, in roulette or slot machine games, there are certain advantages that the casino has that make them more likely to win than the player. This advantage ensures that the casino will make a profit in the long run, even though players can randomly win in short gaming sessions.

The chances of winning in a casino game depend largely on the game itself. Some games have better odds for players than others. For example, games like blackjack or poker may give players more control and the opportunity to use strategies that can increase their chances of winning. However, most casino games are designed in such a way that long-term profits tend to lie with the casino, not with the player.

[vennali]

Thanks for starting this topic. Even though those odds can vary between casinos, it's good to at least have some idea of what to expect from each type of game.
Personally, I think there should be a legal requirement (or just a good custom) to display odds for any type of game, especially online ones. It's crazy to think how many players don't even care about the odds and would only focus on the entertainment side (flashy animations etc).

Cheers mate! Happy to help, I see a lot of casinos popping up and a lot of young crowd who are into crypto really tempted to gamble and see if they can make a quick buck out of it. Just wanted a word out about the odds people have to actually do just that.

I remember enquiring to the customer service of one of the crypto-casinos years ago about the house edge for some of their slot-type game (if I remember correctly) and not only the customer service could not give me an answer - they didn't even know what the house edge was.

It is entirely possible that the support was 3rd party, and they are just there for mainly responding to deposit queries and withdrawal issues. They probably have no clue what games are even provided by the said casino. They just have a basic understanding of which text to forward, if the customer askes certain questions.

[Quidat]

I remember enquiring to the customer service of one of the crypto-casinos years ago about the house edge for some of their slot-type game (if I remember correctly) and not only the customer service could not give me an answer - they didn't even know what the house edge was.

I bet you mate they know, oh yes the customer service correctly have an idea of the house edge but only pulled up that professional stunt to  dodge from giving you the answer you seek. It could be that the ratio of their house edge could be so discouraging for any gambler to believe that they can stand a chance if they should have knowledge of it. What I think every gambler should be doing is observing how much you lose on a particular game of a casino despite all manner of strategies used, in that way you can judge for yourself if the odds of winning in terms of the house edge is actually fair or not.

When it comes to slot HE then it isnt something that you would really be asking. Why? it would be understandable that it would be that huge comparing into those typical games like Dice or other similar ones. We do consider out that there are factors that would be affecting those things specially into that different RTP percentage and other similar stuffs on which it would really be that affecting in overall
winning chance. This is why on the time that you do make some gambling then it would be always better that you should really be that mindful or really that making up some realizations that house do always win at the end unless if you do really get engaged with those strategic games then it might really be that needing that different approach.

[alani123]

Craps is a weird game but I am unsure if it's fair to say that it has a 0% house edge.
I don't speak with gambler's in person very often but every time I saw someone play craps they would place their bets all over without strategy so the edge they got was far higher than 0%. I wonder to this day if anyone playing craps would enjoy playing while keeping the perfect strategy. 

Personally I think there's not much innovation in the gambling space these dsys. It has been ages since I saw a new video gambling game. Crypto gambling used to be more experimental and innovative.

I remember some years ago there was a site called peerbet and it offered 0% house edge player vs player bets.
You could create a lottery with however many tickets you wanted, buy as many of the lottery's tickets you needed, and then let others but the rest, and the site would pick a winner based on chances of the tickets and distribute the pot to him. This model was proven to attract attention and worked for the site to have profits via other games it featured. After the platform was bought by investors though I guess they failed to maintain it.

Also bustabit used to have a bonus that if utilized correctly could even bring house edge to negatives, but was removed due to bot abuse. Perhaps now with AI checking though it could be brought back with preventing abuse also? Thankfully the new mkneypot has low house edge at least.

I wish we could see some innovdtin again.

[Hirose UK]

Thank you for the information OP conveyed, it is quite an interesting and useful post. And I hope I'm really lucky when I gamble.
In casino games, the house edge is the mathematical advantage that the casino has over the player. This means in the long run, the casino has an advantage in most games. For example, in roulette or slot machine games, there are certain advantages that the casino has that make them more likely to win than the player. This advantage ensures that the casino will make a profit in the long run, even though players can randomly win in short gaming sessions.

The chances of winning in a casino game depend largely on the game itself. Some games have better odds for players than others. For example, games like blackjack or poker may give players more control and the opportunity to use strategies that can increase their chances of winning. However, most casino games are designed in such a way that long-term profits tend to lie with the casino, not with the player.

OP has explained all the details well and of course this is very useful for us.
It just that all of this is just information and maybe we can use some of the points presented but it will never affect the results or luck because luck itself always comes unexpectedly.
In gambling the house edge is always superior and no gambler can deliberately use the strategy they have to beat the house edge and only luck can really beat the house edge.
You must always be wise in every decision you make when gambling, for example today, if you play game such as slots and have the luck to win, then withdraw the amount of winnings so that they don't run out completely if you want to continue playing.
This would be much better than saving all your winnings in gambling site balance.

You are right and indeed in games like blackjack and poker it does not depend on luck alone but also on the gambler skill in using strategy and also intelligence when processing the cards into the largest order.
But not all gamblers understand this and there are still many gamblers who are fixated on one belief, namely luck to win.
This is stuck mindset where they only think about luck and don't want to increase their experience or knowledge.

[slapper]

Add Caribbean Stud Poker to your list. Despite its 5.22% house edge, it has a progressive jackpot! This literally increases excitement and rewards. You mentioned variance and payout ratios? Caribbean Stud shows how high volatility benefits thrill-seekers. We gamble for adrenaline, right? Mystery and the chance of a great win are key. Even'simpler' games require strategy. Knowing when to fold and call in Caribbean Stud can greatly impact the house edge

Pai Gow Poker, a strategy game with a 1.5% house edge, follows. The risk-reward balance makes Pai Gow appealing. Knowing the odds and how to set your hands is crucial. Who doesn't like more playtime for your money when the pace is slower? It's about enjoying the game, not just minimizing losses. Gambling is fun because of the difficulty, strategy, and anticipation of each hand

[retreat]

Thank you for sharing this information. So far, what I know is that casinos always have an advantage over players, because they design their games to benefit them and give them profits for the sustainability of their business, but I didn't know that the house hedge that the average casino has for one type of game can up to 40 percent. Even though some casinos can be different, depending on the algorithm they use, I don't think it's much different, especially in games that are based on luck.

[Poker Player]

I have the impression people just don't care about house edge these days anymore, like they used to care in 2015-2016. I don't see people talking about it on gambling threads and when one or other person mention house edge, the conversation doesn't go ahead or isn't quoted by anyone else. It's like after crypto gambling got more popular and new casinos took the front of the industry, people alienated themselves from the learning and understanding how gambling basically works.

Well, if people really understood what HE is, they wouldn't bet at all. Especially as they usually do, putting false hopes in gambling and betting more than they can afford. If a certain game has a HE why are you going to bet $100 if you know that on average it will return $95? And that's just on the first play. If you bet a second time, the expected average return is $90.25, if you bet a third time it is 85.7, and so on.

Once you understand this you see that the tendency is for your money to become $0 but people don't think that, they are driven by emotions, excitement, thrill.

[danherbias07]

I am grateful for this. Thank you very much.
I didn't know that Keno had that high house edge. Well, now I know. How about Plinko? Or did I miss it?

I played Keno for a long time and sometimes I do myself at a high winning rate despite that house edge but here is what I analyzed. I am using 8 number picks and at a high risk which means higher returns if I hit 6-8 numbers. x270 for 6, x600 for 7, x900 for 8. Most of the time a long game will just hit 6 numbers but I did experience hitting 7 numbers, although never with an 8.
Looking at my graph and statistics, the ratio is 1 win is equal to 10 losses which means I need 10 losses first before I get one of those hits. This type of game was never for the fainted heart because stress will definitely sink into your brain when nothing is hitting for like 50 rounds. But, when RTP clicks it sometimes gives x270 once or better, twice.
I cannot even count how many bets I made playing Keno but I can tell that it's not about RNG, mostly just RTP, and despite that high edge I can tell that when you play longer, you lose more in the process because once I hit high multi wins, next to it will be a losing streak at any game I pick.
I've tried jumping from one game to another and the same results happen. It's not bad luck, it's the system that is taking back, the house edge. Gamblers should know this so that they won't be expecting too much after a win.

[johnsaributua]

Your strategy with the odd arrangement for a starting point is worthy of my trying and contemplating in the future, I have tried several gaming websites and I posted on the profile , not yet up to cassino and slots but the capital is already running low because with limited capital from a few cups of coffee and snacks on holidays, on vacation changing methods with games, I sometimes think that websites like this are self-beneficial, members to get lucky have a small chance and even if they win it is rare. But it's not always the case because there are times when the predictions turn out to be accurate maybe because of guessing to produce fun and happiness even if temporarily. yes, I wish you luck too.

But what I like is that there are some websites that I registered, there is a newslater or notification offering a few free spins, I don't see what I get but this sweet impression makes the email from this casino website every event or every day very much awaited;D

It turns out that there are also many and the probability is different, in the future I will try and be curious about what you explain. you measure with good reason.

#I noted

[Eternad]

Basic and general strategy in Blackjack:

If you are using to the advance Blackjack strategy that add the card count then there’s some minor correction to this point that you submit.

-Always split aces and eights.

Don’t split 8’s or anything pair if the dealer card is higher to your pair single value. It’s either you will hit or stand depending on the dealers card.

-Hit soft 17 or less.

The only time you will only hit soft 17 is when dealer open card is higher than 7 or 4-6 which is perfect setup for a double down.


I like reading thread like this because it’s very informative unlike typical topics here that is just too objective for discussion. You should note that this house edge is only applicable for regular games since there’s already a lot of variation of games like Blackjack, Baccarat and other game that affects the house edge significantly.

[topbitcoin]

You must always be wise in every decision you make when gambling, for example today, if you play game such as slots and have the luck to win, then withdraw the amount of winnings so that they don't run out completely if you want to continue playing.
This would be much better than saving all your winnings in gambling site balance.

It is true what you say that we need to be more competent in making decisions. And we must remember that we should never make a decision when our anger is overflowing because the gambling results we get are not in accordance with what we previously expected. And believe it or not, when we make a decision when our emotions are overwhelming, that decision will only end in regret.

You are right and indeed in games like blackjack and poker it does not depend on luck alone but also on the gambler skill in using strategy and also intelligence when processing the cards into the largest order.
But not all gamblers understand this and there are still many gamblers who are fixated on one belief, namely luck to win.
This is stuck mindset where they only think about luck and don't want to increase their experience or knowledge.

Play gambling wisely, the aim is not to seek as much profit as possible, but this is done so that we can always minimize the level of loss when gambling. knowledge, skill and expertise greatly influence the final results of the gambling we do, and when we only focus on luck, then it is true what you say that we will never be able to increase the possibility of winning, and forever our gambling will be a detrimental activity. And related to knowledge, skills and abilities, these are all things that we can hone and improve. So so that we can always increase opportunities and create opportunities in the gambling we do, then continue to hone and improve your knowledge, skills and skills.

[vennali]

Basic and general strategy in Blackjack:

If you are using to the advance Blackjack strategy that add the card count then there’s some minor correction to this point that you submit.

-Always split aces and eights.

Don’t split 8’s or anything pair if the dealer card is higher to your pair single value. It’s either you will hit or stand depending on the dealers card.

-Hit soft 17 or less.

The only time you will only hit soft 17 is when dealer open card is higher than 7 or 4-6 which is perfect setup for a double down.


I like reading thread like this because it’s very informative unlike typical topics here that is just too objective for discussion. You should note that this house edge is only applicable for regular games since there’s already a lot of variation of games like Blackjack, Baccarat and other game that affects the house edge significantly.

Thanks for the suggestions. I had kept it to a very basic strategy since, if I included advance strategy, the post would've been a very long one. Also, is it possible to card count on online casinos? Casino's try their best so that it isn't easy as they use more decks (8 decks?) that it's not very easy to take advantage of.

[alani123]

I am grateful for this. Thank you very much.
I didn't know that Keno had that high house edge. Well, now I know. How about Plinko? Or did I miss it?

I remember keno being the same those in physical gambling sites would play all day and night.
There would be drawings every 5 minutes or so. Naturally the winning odds were pretty low. I remember the highest possible win chance on a complication was something like a little above 50% and the RTP overall 60%...
Ofc the house edge can vary based on who provides the game. On online casinos there's a lot of space to make it better, but usually they don't.

[pawel7777]

(...)
but for most legit sites, they should display the RTP or the HE of each game. most are not visible for the players to see, usually, you have to press the question markt (?) button or the info button (!) on each side of the game

Thanks. It's been a very long while since I played slots or similar games. If the "info" button is now the standard, that's great to hear. I think every reputable site should have such information displayed.

I have the impression people just don't care about house edge these days anymore (...)

I think the subject of HE was mostly (or only) discussed in the dice-type game threads. Those games would do pretty well in terms of transparency. Even if the HE was not explicitly stated, you could easily calculate it from the odds, that were always disclosed.

It's an absurd! Do you remember which casino was that?

I think I know, but not 100% sure, as that was years ago, so prefer not to say as I could be wrong and give the site an undeserved bad publicity.