House Advantage Casino

11.03.2021by

When you play a game in the casino, the casino has a mathematical advantage over the player called the house edge or house advantage. This is what keeps the casino alive and running.

  1. Casino House Advantage Craps
  2. Lowest House Advantage Casino Game
  3. The Edge Casino
  4. Casino House Advantage Percentages
  5. Casino Edge In Blackjack
  6. House Advantage Casino Games

Seneca Buffalo Creek Casino in Buffalo, NY features over 1,001 slot machines, table games, great restaurants, and a laidback vibe. Come here to have fun! House edge measures what the casino, or, in the case of online roulette, gambling site, can be expected to take from the player. In the case of online roulette, there are two basic styles. European-style roulette features an RTP of 97.3% and a house edge of 2.7%. American-style online roulette sits at 94.7%, with a house edge of 5.3%. The house edge is a statistical way of measuring the casino’s advantage over the player. When a gambling writer suggests that a game has a house edge of 5%, they mean that you’re expected (target=”blank”mathematically) to lose an average of 5% of your bet every time you wager.

CasinoCrasher
Since most everyone agrees that the house advantage in craps, produced by not paying off odds at correct amounts, is the reason that a winning system cannot be developed, what if there was no house advantage.
Would it be possible to produce a winning system or a few percent players advantage if the game was fair 50/50, no house advantage, so all odds paid the correct amount?
Thanks,
Derek
GWAE
If you are playing a fair game that is a true 50/50 you would break even. Just like there is no system to win on a negative game, there is no system to win on a 50/50 game.
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
Mission146

Since most everyone agrees that the house advantage in craps, produced by not paying off odds at correct amounts, is the reason that a winning system cannot be developed, what if there was no house advantage.
Would it be possible to produce a winning system or a few percent players advantage if the game was fair 50/50, no house advantage, so all odds paid the correct amount?
Thanks,
Derek


No.
You could create a system that generates tons of small wins for infrequent huge losses. Alternatively, you could trade off tons of small losses for infrequent big wins. Played out, though, the expectation would still be $0.00.
Vultures can't be choosers.
Daddydoc
If there was no house advantage, the casino would need to subsidize the costs of the table (mainly personnel, but also 'free' booze, electricity for the lights and cameras over the table, and the rental cost of the floor space) with profits from other games. It seems unlikely to me that any casino would be willing to do this, as craps is already more expensive to the casino than a bank of slots (I think). If there was an actual player advantage, the craps tables would likely be too busy to get close enough to say hello to a dealer, let alone make a wager. I guess if there was a casino willing to give away money to all comers in such a game, you could have a winning system just by playing the pass/come or DP/DC for a long enough time without odds.
If government is the answer, it must have been a very stupid question.
AxelWolf

Since most everyone agrees that the house advantage in craps, produced by not paying off odds at correct amounts, is the reason that a winning system cannot be developed, what if there was no house advantage.
Would it be possible to produce a winning system or a few percent players advantage if the game was fair 50/50, no house advantage, so all odds paid the correct amount?
Thanks,
Derek

Don't tip the dealers play all day and wait for tips from other shooters.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
CasinoCrasher

No.
You could create a system that generates tons of small wins for infrequent huge losses. Alternatively, you could trade off tons of small losses for infrequent big wins. Played out, though, the expectation would still be $0.00.


It is often said that the reason you can't win in the long run against a casino game such as craps is the house advantage. Based on what your saying, the house advantage has nothing to do with not being able to beat the game in the long run, the root cause is that there isn't a players advantage.
Thanks,
Derek
odiousgambit

It is often said that the reason you can't win in the long run against a casino game such as craps is the house advantage. Based on what your saying, the house advantage has nothing to do with not being able to beat the game in the long run, the root cause is that there isn't a players advantage.
Thanks,
Derek


Derek, you have circular logic going on with your thinking. I think everybody can see that, I hope you can too.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. .. Arnold Snyder
beachbumbabs
Administrator

It is often said that the reason you can't win in the long run against a casino game such as craps is the house advantage. Based on what your saying, the house advantage has nothing to do with not being able to beat the game in the long run, the root cause is that there isn't a players advantage.
Thanks,
Derek


As OG said. The House Edge means the amount of the house advantage against players with optimum play, over the long run. The opposite of the house advantage is a player advantage, or a set of circumstances that negates the house edge. The circumstances might be affected by marketing offers, game design flaws, counting blackjack, dealer errors, the players not making the best play on every hand, cheating by either the players or the house, many other things. If there isn't a players advantage, it's the same thing as saying there is a house advantage.
Mission was saying that nothing you're suggesting doing would affect the House Edge; it's always there against him. The bet structuring being examined would result in a net gain of nothing over the house. So with a 50/50 game, you're still in a 50/50 game.
If the House lost every hand, they wouldn't deal the game.
CasinoCrasher

As OG said. The House Edge means the amount of the house advantage against players with optimum play, over the long run. The opposite of the house advantage is a player advantage, or a set of circumstances that negates the house edge. The circumstances might be affected by marketing offers, game design flaws, counting blackjack, dealer errors, the players not making the best play on every hand, cheating by either the players or the house, many other things. If there isn't a players advantage, it's the same thing as saying there is a house advantage.
Mission was saying that nothing you're suggesting doing would affect the House Edge; it's always there against him. The bet structuring being examined would result in a net gain of nothing over the house. So with a 50/50 game, you're still in a 50/50 game.


Okay, thanks. This makes sense, the point I was trying to clear up is simply that the reason you can't win in the long run isn't that a betting system can't overcome a certain house advantage, it is that a betting system can't overcome ANY advantage, even if the game were fair.
AxelWolf

Okay, thanks. This makes sense, the point I was trying to clear up is simply that the reason you can't win in the long run isn't that a betting system can't overcome a certain house advantage, it is that a betting system can't overcome ANY advantage, even if the game were fair.

Betting systems don't work period. Sometimes you can get lucky and win, and sometimes you lose immediately. They all fail in the long run.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪

At last estimate, Australia’s gambling industry rakes in an estimated 156.9 billion AUD annually. As you can see, there’s never been a better time to get in on all the potential earnings.

With a little skill and a lot of luck, you can win big on certain games—either in-person or online. Unfortunately, the best casino game odds can’t be found at every table.

All games come with some type of house advantage, but certain games jack those odds up so high that it’s nearly impossible to win. Others feature unreasonable odds that almost no one could win.

It’s alright to waste a little money, but if you want the best possible chance of winning some games, then you need a strategy.

So what are the best casino game odds? In this article, we’ll cover all the games you focus on (and the ones you should steer clear of). Come check them out!

Your Invitation to the Best Online Pokies in Australia

Like a punt on the slot machines?

Our top rated slots for October 2019 are the smash-hit online pokie sites: Ruby Fortune and Jackpot City Casino.

These sites include some impressive matched bonuses – up to $750 and $1600 respectively! With the potential for some seriously big wins, here’s your chance to get a piece of the action:

How Do You Determine the Odds Associated With a Casino Game?

When deciding which casino game comes with the highest percentage of winning it’s important to look at something called the house edge. What is the house edge?

The house edge is a mathematical advantage that ensures that the casino—online or in-person—makes money off of your bets.

At the end of the day, a casino is a business and the house edge is a built-in mechanism that ensures they make money off of you.

However, it’s also important to remember that that certain casino games come with a lower or higher house advantage. The house edge can be calculated into a percentage.

A good example is a roulette wheel. When you spin a ball on the wheel there are 37 possible spots you can land on (1-36 and the green slot). So, the odds of you landing on a number you choose is 1 in 37.

However, the house wins roulette more often—1 in 35. So, the house will statistically win 2.7% more as you continue to play. While everyone enjoys relying on luck, you should be strategic about what you bet on.

It’s smart to avoid games that come with a large house advantage and to quit while you’re ahead of the house.

It’s also important to consider the odds associated with each game. The more possible outcome, the less likely you are to land on a winner. Pokies with lots of different reel options comes with some dismal win rates.

Bitstarz free spins

The Best Casino Game Odds

First, we’ll cover some of the casino games that you have the best odds of winning while you play. These titles either come with the lowest house advantage or the best potential win rates when you play.

Classic Blackjack

Single deck blackjack is the best game to play at an in-person casino for the lowest possible house advantage: 1.5%. One thing that makes Blackjack one of the fairer casino games is the low number of cards in play.

However, if you play some online versions of the game, then you can have an even higher advantage over the house edge percentage.

Popular online games like European Blackjack, Spanish Blackjack, and Vegas Strip Blackjack come with house advantages as low as 0.34% to 0.39%.

Make sure you go in with an optimal strategy on any variation you’re playing. Familiarize yourself with blackjack rules and know when to split, double, pass and buy.

Video Poker (Jack or Better)

Certain video poker games can have house edge percentages as low as 0.44%. One example is the game Jack or Better. This poker variant comes with the lowest video poker house edge.

To get the best percentage out of the game, make sure that you find a machine on full play. Look for Jack or Better pay tables that offer 6 to 1 on a flush and 9 to 1 on full houses.

These games come with the best possible odds. However, keep in mind that poker is also a game of skill. The right strategy can mean the difference between big earnings and nothing.

Make sure you form a solid plan before committing to Jack or Better. If you want to brush up on your online poker strategy, then check out this guide here.

Baccarat

Baccarat is a card game rising in popularity both at in-person casinos and online ones. It’s a fast game that comes in three popular variants: baccarat banque, baccarat chemin de fer and punto banco.

The game involves two people: the player and the banker. The player with the highest score wins, or there can be a tie. The game contains a relatively low house edge when you bet on the player or the bank.

The banker comes with a 1.06% house advantage, while the player comes with a 1.04% house advantage. However, remember to never bet on a tie outcome. When you make this bet the house edge increases to 14.36%.

Online Slot Machines

There’s a reason why 600,000 Australians play the pokies at least once a week. They’re incredibly addictive and some of them come with a low house edge.

Any online casino can contain up to five hundred different pokies you can choose from. Look for ones with a house edge between one and two per cent. However, remember that different slot games come with different house advantages.

Finding a low one can be difficult in some cases. We recommend casinos like True Blue, Ace Pokies and the Joka Room for their diverse selection of games.

Keep in mind that online slot machines are different than the ones found at in-person casinos. These types of machine come with a much higher house advantage.

The Worst Casino Game Odds

These are the casino games you should avoid unless you’re prepared to likely lose the money you bet. They either come with some of the highest house advantage or the lowest possible win rates.

Keno

Keno is a game that’s similar to bingo—players bet on number ranging from one to eighty. Then, a random generator selects the winning number.

We recommend avoiding this type of game. Most of the house percentages fall between 25% and 35%. We have seen some variants with edges as low as 4%, but even these are not very high.

If you still want to play Keno, make sure you play one game at a time. Don’t spread your bets out over multiple pay tables.

Big Six Wheel

Casino House Advantage Craps

The Big Six Wheel, or the Wheel of Fortune, might look entertaining, but it comes with some pretty dismal house edge and win rates. The amount that you bet determines how high the houses edge becomes.

You can choose between one pound, five-pound, ten pounds, twenty pounds, or joker bet.

Lowest House Advantage Casino Game

If you make one pound bet, the lowest kind, then the house edge comes to 11%. The joker, the largest option, comes with a 36x time payout, but the house edge rises to 24%.

Slot Machines at In-Person Casinos

While online slot machines come with some low house edges, in-person are a different story. These house edges range from 11% to 17%. They also come with dismal odds when it comes to winning.

A pokie with five separate slots and thirty-five possible outcomes comes with 52,521,875 possible outcomes. Winning isn’t impossible, but it’s not going to happen to many people.

However, there is no denying that the physical pull of a pokie machine is addicting. If you want to play the slots at an in-person casino, make sure you follow our tips so you know how to win (and when to walk away).

Advantage

If you’re going to play in-person pokies try and select the ones with lower cash prizes. These typically come with lower house edges.

Craps (Depending on the Bet You Make)

Craps inclusion of the worst casino game odds may confuse some people. The pass option comes with a 1.41% outcomes while the don’t pass features a 1.36% edge.

As long as you stick to these smaller bets, then craps isn’t a bad game to play. However, avoid making any one-roll bets. This play increases the house edge to a looming 16.5%.

Three Card Poker Variants

There are plenty of different poker variations, but some of them come with much higher house edges. The three-card variant is a good example—it features a house edge of 7.28%.

However, the win rates on poker can vary widely. Some highly skilled players may come with a better win rate than amateur players. Still, we advise caution before making large bets on these types of games.

The Edge Casino

If You’re Ready to Gamble, Check out Our Casino City Guide

We hope this article helped you find some of the best casino game odds available in online and in-person casinos. If you’re about to plan a big casino trip in Australia, then True Blue Punter can help you out.

Casino House Advantage Percentages

We’ve arranged extensive guides on all the major gambling cities in the Down Under.

Casino Edge In Blackjack

Our guides layout the major locations, games, and leagues you can take advantage of during your stay. Find out more about them by visiting this link here.

House Advantage Casino Games


Comments are closed.