Which Casino Games Have the Lowest House Edge?
It’s impossible to guarantee winning sessions at the casino, but you can take steps to improve your chances of winning. Playing games with the lowest house edge is one way to do this.
House edge is the term used to describe the advantage the casino has over you, the player. Casinos are in the business of making money so they payout less than true odds to ensure this happens. Take the European roulette wheel, for example. It has 37 possible numbers to bet on. Placing a $10 wager on each requires $370. Casinos pay out 35-to-1 on a single number, so you will lose money if you bet on every number.
This house edge is what keeps casinos in business and is why luck is required to win. Other games increase the house edge in different ways. Return To Play (RTP) is the term for the house edge on pokies. RTP is expressed as a percentage, which means a 97.5% RTP pokie has a house edge of 2.5%
Playing games with the lowest house edge doesn’t ensure you win, let’s get that straight. It does, however, mean the casino is taking less money from the table and that’s more money in your pocket.
You’ll quickly notice a relationship between house edge and maximum payouts. Games with the lowest house edge have the lowest potential payments, as a rule. Pokies go against this because their edge is low but they can pay out huge sums.
Blackjack Has The Lowest House Edge
There are several different blackjack rules variations, with some creating the lowest house edge. Typical rules using eight decks result in a house edge of around 0.3% which is ridiculously low.
Make sure you’re playing a game where blackjack pays 3-to-2 and not 6-to-5. The latter increases the house edge by 1.3%.
The reason casinos can offer this ultra low edge is because games are very fast. Players can play several dozen hands per hour with a fast dealer or if the game is online. Payouts in blackjack are among the lowest of all casino games to make up for the lowest house edge.
Video Poker Has The Lowest House Edge of Electronic Games
Those of you preferring electronic games should play video poker if you want the lowest house edge. Jacks or Better with a full pay table has a house edge of a mere 0.46% if you play perfectly.
Stay away from the gimmicky versions of video poker, make sure it has the full pay table, and you’re laughing.
Baccarat Is One of the Lowest House Edge Games You Can Play
You often see baccarat being played for astronomical sums of money in casinos. It’s usually the biggest game a casino offers and played in private VIP tables. Baccarat is also one of the lowest house edge games you can play.
Betting on the side of the dealer comes with a house edge of only 1.06%. betting on the side of the play carries a 1.24% edge in favour of the house. High stakes bets of $100,000 or more are not uncommon in baccarat. Stay away from the Tie bet to keep things in your favour, it comes with a 14.36% house edge.
Pai Gow Poker’s House Edge is Less Than 1.5%
The casino only has a 1.46% house edge if you play Pai Gow Poker. Pai Gow Poker rules are so simple anyone can follow them. The dealer sometimes even sets your hand for you so you can’t miss out.
I remember playing Pai Gow Poker at the Gold Coast in Las Vegas a few years ago. It was $10 per hand and I was there for three hours and only lost $20. I definitely drank more than $20 worth of free cocktails while I was playing though!
The House Edge of Pokies Varies Greatly
Pokies display their house edge as RTP and this figure varies greatly. Online casinos’ pokies have higher RTPs than their live cousins because of reduced running costs. Most hover around the 96-97% region, but there are some with higher RTPs. Check before you play because some pokies have different edges depending on where you play them.