The House Edge in Online Casinos Unmasked

The House Edge in Online Casinos Unmasked

If there is one thing that every casino player needs to understand about casinos, it’s that they never lose. That’s right, whether it’s a brick and mortar casino or an online casino you are playing on, the ultimate winner at the end of the day is the casino. 

The House Edge in Online Casinos Unmasked

The house edge in online casinos is basically what percentage of your wager that the casino gets to keep regardless of you winning or losing a bet. If you win a bet, then good for you, whereas if you lose a bet then, hard luck to you. But whatever the case may be, the online casino is always making money. 

The house edge will usually vary from one casino to another and in fact from one game to another. Whenever you play any online casino game whether it is a video slot, video poker, table or card games, you play and bet against the online casino. As you emerge a winner of the bet, the online casino will payout while if you haplessly lose the bet, the casino takes your entire wager. 

You should know that most online casino games are won simply by good old luck. While there are some casino games like Video Poker that may be decided also by some level of skill. Ultimately, luck still plays a prominent role in the outcome of most casino games

The Casino Always Wins

The way house edge in online casinos operates as mentioned before involves the house taking a percentage of every single bet that is made by a player in a casino game. The house edge for each game varies, for example, the house edge for European Roulette is 2.7% while that for American Roulette is 5.26%. 

If you intend to place say a £10 Corner Bet which has a payout of 8:1. For the European Roulette, the house holds £2.7 while for an American Roulette game the house retains £5.26. If you win the bet in the European Roulette, you will receive £77.3 and you will earn £74.74 for a win in a game of American Roulette. 

In case of a loss, the house holds an entire £10 bet. In the end, the online casinos are always the one smiling home to the bank. They never lose, admittedly they will have to payout some winners from time to time, but in the scheme of things whatever they pay out is little compared to what they make.

Can the House Edge in Online Casinos Be Reduced?

There are different ways by which you can reduce the house edge in online casinos. Highlighted below are some of the ways by which you can reduce the house edge in online casinos.

  • Cash bonus: Having some free added funds in your gaming account can help to reduce the effect of the house edge. So, welcome bonuses like no deposit cash bonuses and deposit match bonuses do help.
  • Promotional packages: Free spins and other extra cash bonuses can help to reduce the house edge a bit. You can use loyalty and VIP promotional packages to your advantage and marginally reduce the house edge.

You should know that while you can reduce the house edge a bit, the truth of the matter is online casinos come out on top all the time. 

How Can a Player Beat the House Edge in Online Casinos?

The house edge in online casinos can never be beaten in truth. Most casino games whether played in a land casino or online casino are simply games of chance. So, players really can’t tell if they will have a streak of luck or go on a losing run. There is no surefire way of guaranteeing success in a game of chance. 

Besides your winning or losing really makes no difference to the house edge as it is a percentage of your bet in a casino game. What is important to note is that you should always practice responsible gambling which involves you having both gaming as well as bankroll strategy before you play a casino game of your choice.

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Post Name : The House Edge in Online Casinos Unmasked

Posted On : 12/07/2019

Author : Cameron Riddell