Casino gaming is an experience of twists and turns, as you never know if you will win until an in-game action finishes. Whether it’s waiting for reels to stop spinning in slots, a wheel to finish turning in roulette, or the dice to show their numbers in craps, it’s a thrill in itself. The anticipation builds as the in-game actions take place, with a rush of emotion as the final results are interpreted as a win or loss.
When playing casino games, it’s important to note the function of the house edge. If you have ever heard of the phrase, “The house always wins”, it could make you wonder how it’s possible to win a casino game at all.
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What Is the House Edge?
The house refers to the casino establishment in casino gaming. This is the game operator who is taking bettors’ wagers and distributing prizes for gameplay, if applicable.
Of course, many players are trying to win money while playing casino games, but this goal cannot always be achieved because higher house edges in many of the available games make it harder to score a win. Even if a few players do win big on specific games, the house edge ensures that the casino makes money in the long run, too.
The House Edge In Specific Casino Games
Here are the house edge percentages in popular casino game titles:
- Slots: 2% to 15%
- European roulette: 2.7%
- American roulette: 5.26%
- Craps (pass line bet): 1.41%
- Blackjack (with a basic strategy): 0.5% to 2%
- Baccarat (banker bet): 1.06%
- Baccarat (player bet): 1.24%
- Video poker (optimal play): 0.5% to 5%
A lower house edge means there is a higher likelihood of winning. Blackjack has one of the lowest house edges amongst popular casino games, making it a crowd favorite for a possible win.
Higher house edges may mean it’s more difficult to win the game. For example, American roulette’s house edge is higher because of the double-zero pocket on the wheel.
How the House Always Wins in the Long Run
It’s rare to obtain a win in any casino game. No matter how you slice it, casinos remain profitable overall because of:
- The laws of probability mean the house edge will dominate over time.
- The casino has an unlimited bankroll, whereas bettors have limited betting funds.
- Short-term wins do not even out the longer-term odds as winning streaks eventually phase out.
Can Players Beat the House?
The house edge can’t be eliminated. It’s a part of casino games’ overall odds that remain the same no matter how many times the game is played. However, players can follow these tactics to minimize losses with the potential of maximized winnings if they do become lucky enough to beat the house edge.
- Choose games with a lower house edge, such as Blackjack.
- Learn and apply game strategies such as card counting in Blackjack.
- Take advantage of bonuses and promotions to enhance your bankroll.
- Practice responsible bankroll management by limiting how much you bet per gaming round.
Final Thoughts
The house edge refers to the chance that the casino operator has of winning all your bet money rather than you winning it back or profiting from a surplus of winnings. While every casino gaming round is you versus the casino operator, have fun and bet wisely.