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Topic: Casino games and the house edge : Players odds to win? - page 2. (Read 208 times)

full member
Activity: 504
Merit: 198
If bitcoin be for me...
I remember enquiring to the customer service of one of the crypto-casinos years ago about the house edge for some of their slot-type game (if I remember correctly) and not only the customer service could not give me an answer - they didn't even know what the house edge was.
I bet you mate they know, oh yes the customer service correctly have an idea of the house edge but only pulled up that professional stunt to  dodge from giving you the answer you seek. It could be that the ratio of their house edge could be so discouraging for any gambler to believe that they can stand a chance if they should have knowledge of it. What I think every gambler should be doing is observing how much you lose on a particular game of a casino despite all manner of strategies used, in that way you can judge for yourself if the odds of winning in terms of the house edge is actually fair or not.
legendary
Activity: 3066
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
Thanks for starting this topic. Even though those odds can vary between casinos, it's good to at least have some idea of what to expect from each type of game.
Personally, I think there should be a legal requirement (or just a good custom) to display odds for any type of game, especially online ones. It's crazy to think how many players don't even care about the odds and would only focus on the entertainment side (flashy animations etc).
I remember enquiring to the customer service of one of the crypto-casinos years ago about the house edge for some of their slot-type game (if I remember correctly) and not only the customer service could not give me an answer - they didn't even know what the house edge was.

as we have seen most casinos don't display the house edge or the rtp. but you can also check the info for example in slots. they have option of reading the info for each game. however, as you've said, very few gamblers actually check those aspect as they will just proceed on playing.

also, if you can't find such number in the info section of the game, i guess, it is fair enough to ask their technical support. but i can agree, that sometimes you will encounter a customer service who doesn't know a lot of things about their site itself. but if you do really want to check that particular info, better play on a casino with active thread in the forum, and you can easily ask assistance from their rep or other users who are very familiar with the site.

but for most legit sites, they should display the RTP or the HE of each game. most are not visible for the players to see, usually, you have to press the question markt (?) button or the info button (!) on each side of the game
legendary
Activity: 2408
Merit: 1555
Thanks for starting this topic. Even though those odds can vary between casinos, it's good to at least have some idea of what to expect from each type of game.
Personally, I think there should be a legal requirement (or just a good custom) to display odds for any type of game, especially online ones. It's crazy to think how many players don't even care about the odds and would only focus on the entertainment side (flashy animations etc).
I remember enquiring to the customer service of one of the crypto-casinos years ago about the house edge for some of their slot-type game (if I remember correctly) and not only the customer service could not give me an answer - they didn't even know what the house edge was.
legendary
Activity: 2338
Merit: 1081
#SWGT CERTIK Audited
Online casinos are very popular on our forum and there are many games available for the gamblers to enjoy. The number of crypto online casinos just keeps on growing for crypto enthusiasts to choose from. However, not all casino games are created equal when it comes to the odds of winning. The house edge, also known as the casino advantage, is the mathematical edge that the casino has over the player in the long run. It reflects the difference between the true odds of winning and the casino’s payouts for winning bets.
The house edge varies depending on the game, the rules, and the strategy of the player. Some games have a fixed house edge, while others have a variable house edge that depends on the player’s choices. Generally, the lower the house edge, the better the chances of winning for the player.

I am going to list the casino games in the list below. They are only average estimates as the actual house edge may vary depending on the specific game, the casino and the player's choices. Therefore, it is advisable to check the rules and the payouts of the game before playing, use the sensible strategy and money management. Please gamble responsibly.

Casino Game House Edge
Blackjack0.5% (with Optimal strategy, favorable condition)
Baccarat1.01% (Betting on Banker)
Craps0% (Betting on the odds)
Video poker0.46 (Jacks or better with full pay)
Roulette2.7 (single zero)
----------------
Keno20-40%
Slots2-15%
Big Six11.11-24.07%
Sic bo: 2.78-33.33%
Tie bet in baccarat14.36%

Separated the table by lowest house edge and highest.

I'd like to add that the house edge isn't the only factor that determines the profitability of the game. Players should also look into the variance, payout ratio, Skill level required being the other main factors. For example, some gamblers might enjoy, a game with higher house edge but the variance being low, meaning consistent set of results (like slots and similar games) while others might prefer low house edge but with high variance, which brings higher risks to the game but also gives high rewards (like Blackjack etc).

Ultimately, the best casino games to have a favorable winning position are the ones that suit the player’s preferences, budget, and goals. The player should always be aware of the house edge and the rules of the game and use a sensible strategy and money management. Online casinos can be a fun and exciting way to gamble, but only if the player plays smart and responsibly.

Without making the post too long, I'll add basic strategy for one of the casino games that I'm experienced in, being Blackjack.

Basic and general strategy in Blackjack:
-Always split aces and eights.
-Never split fives and tens.
-Double hard 11 except against a dealer ace.
-Stand on hard 17 or more.
-Hit soft 17 or less.

Of course, these rules are not enough to cover every situation, and they may not be optimal for some variations of blackjack. Therefore, it is advisable to use a strategy chart or a blackjack calculator that can adjust to the specific rules of the game you are playing. Remember, the optimal strategy does not guarantee that you will win every hand, but it will reduce the house edge and increase your chances of winning in the long run.

Please suggest if there's any other games that should be added and want to know how the odds are calculated for a specific game. I personally may not know but will he happy to look into it, learn and help fellow gamblers.

Good luck, Have fun and Gamble responsibly.



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