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What is the house edge in casino games?

Just like any business in South Africa, casinos’ goal is to make a profit. This happens when players lose and the house takes their bet. Over time, these wins accumulate and reveal the total profit the casino received from all bets placed in the game. When calculated, it’s expressed in a percentage known as the ‘house edge’. Dive into the details of this casino term here at Jackpot Casino:

Defining house edge

Also called casino advantage, the house edge is the casino’s assured return of investment in a certain game over a period of time. This is already inherent in every casino game and it is what experienced players look for before playing because they know that the higher the percentage, the smaller the possible wins and vice versa. 

However, the value differs per casino game. Learn more about the difference between house edge in slots, roulette and baccarat when you read on below:

House edge in slots

The reels in slot machines are run by what is called a Random Number Generator (RNG). It’s computer software that is programmed to select random combinations of symbols when the spin button is pressed. 

The random numbers are displayed on the reels as a combination of symbols on a payline. The RNG software will keep running thousands of random combinations every second even when there is no one playing.

Game providers also provide the Return-To-Player (RTP) percentage in every slot game so players know their winning chances. If the RTP of a slot is 98%, the house edge is the difference from 100% which is 2%.

House edge in roulette

In European roulette, the wheel has 36 slots and 1 green slot for 0. The green slot is considered a house win since all bets go to the house if the ball falls into it. But this isn’t the only house edge in the game. If you place a bet on one of the 36 slots, all the remaining numbers plus the green slot adds to the total house edge.

House edge in Baccarat

Baccarat is a popular table game with one of the lowest house edges. In the standard format, the objective is just to guess which hand will get the hand closest to 9 and there are only three bets to choose from: player, banker and tie. 

Payout on the player win is even money of 1:1, the banker win is also paid 1:1 but some game formats take 5% commission for the house. The tie bet is paid 8:1 or 9:1. With an 8-deck game, the house edge is 1.06% on the banker bet, 1.24% on the player bet, and 14.36% on the tie.

The house edge keeps the games in the business but that does not stop players from playing. There are many betting strategies that players can use anytime to increase their chances of winning.

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