Understanding the Casino House Edge

Every bet that can possibly be made in a casino carries some sort of house edge. This slight difference in the actual odds of the bet and the casino odds is how casinos ensure a profit. But with a basic understanding of the casino house edge, players can maximize their own winnings.

Games of Chance

Games that depend on luck, such as keno and slots are extremely popular, especially among new casino players. These games also carry the highest house edge. When you play games of chance, take the time to learn about the different betting combinations and the odds that accompany each. Avoid bets with ridiculously high casino advantages. These are often called sucker bets because they look attractive to novice players.

Games of Skill

Skill based games, like poker and blackjack, usually carry a lower house edge. Of course, players will need to know a bit about the game if they want to make a profit. With a good strategy, individuals can reduce the casino advantage to as little as 2% at some table games. Players can even use betting strategies to reduce the house edge of some chance games, such as roulette.

How to Minimize the House Edge

By gaining a good understanding of the house edge that each game carries, as well as the casino advantage of each bet, it's easier to make the most of your bankroll and maximize your winnings. Players don't have to limit themselves to only games with a low house edge, but it's important to spread out your wagers and to use bets with favorable odds to increase your winnings before taking a chance on riskier wagers.

The house edge plays a big role in the amount of money in your pocket when you leave the casino. When you understand the casino advantage, you can use it to make sure you're walking away with a profit.