Player often talk about the house edge, and it’s necessary to understand what this is and how it plays a role in every game, including online casinos. In simple words, the house edge is the calculated benefit built into online slots and every other game. It varies from game to game and is termed as a percentage value.
What is a House Edge?
Suppose the house edge on a particular game is 5%, it means the casino pays back every player 95 cents for every single dollar bet on the game, keeping 5 cents for the house. It is an average house edge, the longer you play the more likely your average payouts over time will never exceed 95 cents in every dollar.
Yet another interesting feature of the house edge is that the ratio will keep fluctuating for different types of games and that a number of other features can also influence the edge in multiple ways.
Different House Edge for Different Games
A normal casino game like blackjack can have an edge of 0.5%. This could ideally for a player who is prepared to use some basic strategy. On the other hand, for inexperienced players, this house edge could be closer to 2-3% because their inexperience approach puts them at a further disadvantage.
In fact, games which require more skill and experience, like video poker and blackjack tend to have a much lower house edge. It is slot machine games which usually have the most disadvantageous house edge.
The House Edge in Online Slots
Online slots have huge jackpots and also a fairly high house edge. But the player of online slots can play quite rapidly. Under these circumstances, it would be relatively easy to lose money faster than playing at a table playing in a live casino.
It is easy to keep track of the payout situation with online casinos as it often publishes statistics showing the amounts they return to players on a monthly basis.
What is Random Number Generator?
Online slots work on a random number generator (RNG), which is a core computer ‘driving’ the game and displaying the symbols on different reels to stop entirely randomly. For instance, in a five-reel slot game which might have perhaps 35 stopping positions per reel, there are effectively 52,521,875 unique stop patterns which might appear.
This RNG mechanism also ensures there will always be fewer winning combinations and more losing combinations. If this were not the case, gambling houses would be at risk of being wiped out by a loss-making sequence of online jackpot slot winners.
Slot Games Vs Different House Edges
The house edge on slot games may differ from 2% to 10%, and video poker games could vary from 0.5% up to 5%. The house edge usually works out at between four and five percent. But you may also find online slot games where the house edge is actually below those levels.
So, if you want to play games where the odds are at your favor, you should look out for these 10 games listed below with their house edge.
- Immortal Romance: 3.14%
- Robin Hood: Shifting Riches: 3.2%
- Guns’N Roses Slot: 3.02%
- Jack Hammer: 3%
- Esqueleto Explosivo: 2.4%
- Devil’s Delight: 2.4%
- Kings of Chicago: 2.2%
- Blood Suckers: 2%
- Jackpot 6000: 1.14%
- Jackpot 3×3: 1.9%