People play casino games to win money and have fun. However, it is not all games that have an equal payout. The percentage varies from one game to the other, from casino to casino. For example, the average payout rate for online slots in the USA is about 88%, at bet365 the APR (or “return to player” rate) may be higher depending on the game provider. The casino’s payout rate determines the house edge. House edge is the statistical advantage a casino has in every game. In UK casinos like Spin & Win or 32Red, obliged by law to pay out a certain percentage regardless of a stake being made.
Therfore some people prefer lottery games, especially in the states where it is legal. For example, in Michigan. In 2018, the Michigan lottery program pulled in $3.58 billion in revenue, with $941 million of that going to the schools, with the rest going to winners and expenses.
It is possible to reduce the house edge through practical strategies, but the best way to earn a lot of money is to play games with the lowest house edge. If you play these games many times, there are high chances that you will walk out with some good earnings. Here are games that can earn you the most money in a casino.
Choose the casino game which offers the best conditions to win
Blackjack – Single Deck (House Edge 1.5 %)
Blackjack variants are in the 52 cards. When you play a single deck game, your chances of winning increase significantly. Single deck game of blackjack substantially lowers the house advantage. If you add some basic skills and sound financial backing, your prospects of retaining your money and also walking away with the casino’s money are greatly improved.
Craps (House Edge from 5 % to 1.4 %)
Craps is one of the most exciting games in a casino. It has many rules which make most people stay away. However, it has one of the lowest house edges. The don’t come/don’t pass bets have a small house edge of 1.4%.
Baccarat (House Edge from 1.5 %)
Baccarat is a lot more about strategy and less action around the table. Many players prefer to bet on a Tie, Banker, or Player. The card has strict rules on card distribution. The best bet is on the Player because a bet on Banker means there is an extra fee. Baccarat has one of the lowest house edges compared to other casino games.
Three Card Poker (House Edge 1.5 %)
Three card poker is popular in casinos because of its speed. The dealer hands out three cards to each player and the house. The payout dependents on the dealer cards. You can apply basic poker skills in this game. The Queen high provide the best chances of winning.
Manage Your Money at the Casino
Keeping track of your money during the game is essential, so you do not overspent. Set a limit before you start playing at an online casino and determine a maximum deposit. Don’t go above this limit, even if you want to win back. If you cross your limit, you risk loosing even more. You should also keep records of your profits to know how much was spent and returned. This will help you understand, if your strategy is effective.
Strategies for Healthy Gambling
- Limit your playing time and take break, so you keep your mind sharp and clear.
- Don’t drink and gamble at the same time.
- Set a spending limit before playing and stick to it!
- Don’t borrow money for gambling.
- Use self-exclusion option.
Online casinos offer players a valuable opportunity to win. We hope these basic tips will help to get the edge over the house and build your game strategy to hit the jackpot. Follow our gambling tips and get ready to play in the states where online casino gambling is legal, like Michigan, New Jersey and soon hopefully New York!