Online casinos always take a small advantage in every game. This is called house edge, as explained by experts at SG Casino. It's a fixed percentage that shows how much money the casino keeps in the long run.
It's essential to house edge if you want to manage your money and make top decisions when choosing games. After all, the game with the lowest house edge signals that it's appropriate for users.
What Is House Edge
House edge is a mathematical percentage. It shows the average amount that the casino collects from each bet. For example, if a game has a house edge of 3%, it means the casino keeps €3 from every €100 in bets. It's impossible to beat this advantage, but you can reduce its impact.
The percentage depends on the game. It is low in blackjack, baccarat, or video poker. It is high in slots, keno, or some roulette variations. Double-check the exact number before you play.
How House Edge Affects Payouts
House edge controls how much money players can win over time. The higher the edge, the lower the return.
For instance, a slot at SG Casino or any other site with 7% house edge returns 93% of the money. But a game with 1% edge provides 99% returns. That's why some games are better than others for long sessions.
You can also compare it with Return to Player (RTP). House edge is the opposite of RTP in terms of showing the advantage.
For instance, a game with 96% RTP has a 4% house edge. Both values are shown according to 100% investment.
Different Games and Their House Edges
It's better to know which games are risky to not play them. Use this list to understand the average house edge in common games at sites like SG Casino:
- The house edge is usually 0.5% with the right strategy.
- It is around 1.06% if you bet on the banker.
- European roulette. It has a house edge of 2.7%.
- American roulette. It is 5.26%, which is high for roulette.
- It ranges from 3% to 15%, depending on the title.
- It can reach 25% or more in some versions.
Choose games with a low edge if you want to prevent huge losses of money.
How To Reduce the Impact of House Edge
Sites like SG Casino don't set the house edge too high to attract users. They offer fair chances, but they still keep a profit. You must understand this concept to place better bets.
Use these smart tips:
- Choose games with a low house edge.
- Learn the right strategy for skill-based games like blackjack.
- Set a budget and stop when you lose your daily limit.
Games with a low house edge give you a better chance to win or play longer. Also, you can't eliminate the house edge, but you can lower its effect.