Its
no secret that different casino games return substantially different
amounts to players. Of course the return that one player will
get from a given game will be different to that which another player
might get playing the same game, but what we are looking at here is
what a particular casino game returns to al players over time.
And the difference between games is not small!
House
Edge
Every
casino game has an inbuilt mathematical house edge. That is, the
rules of the game are devised such that on the balance of
probabilities, over time, the house will return to players an amount
that is less than it has received in bets. The
difference between what is received in bets, and returned as
winnings is called the house edge. Where $99 is returned on bets of
$100, the house edge is 1%. This can also be expressed as
return to player rate (rtp rate), payout, or payback of
99%.
Can
you impact house edge?
While
the house edge that a casino makes on each of its games will
generally tend to a similar figure each period (for some games like
slots it is predetermined so the figure is exactly the same!), that
doesn't mean every player plays to that same house edge.
Experienced players who know what they are doing will generally play
to a lower house edge than players who do not know what they are
doing. And of course lucky players who enjoy nice wining streaks
will certainly defy the house edge and take money from the casino.
For
games of skill, there is no doubt that the way you play the game
will impact the returns you receive. If you know how to play
blackjack basic strategy for example, you will be much better off
than if you play blackjack and do not know what you are doing.
Does
house edge vary much between online versus traditional play?
Not
really. Most online casinos replicate the rules followed in
the major terrestrial casino jurisdictions so gaming returns are
pretty similar. Differences do occur for games of chance where
rtp rates are pre-determined. A good example of this is slots
play, where terrestrial and online rtp rate differ
substantially. For more details on this read our slots
returns page.
How
much do returns vary from one game to the next?
In
a word - enormously! Set out blow are historical actual rtp
rates for a number of games earned by a well known online casino (The Sands). These rates have been independently audited.
Game
|
6
MTH AVE
|
Feb-08
|
Jan-08
|
Dec-07
|
Nov-07
|
Oct-07
|
Sep-07
|
|
|
|
|
|
|
|
|
Baccarat
|
100.90
|
100.51
|
99.38
|
108.53
|
98.78
|
98.59
|
99.61
|
Black
Jack
|
99.01
|
98.77
|
99.34
|
99.25
|
98.69
|
99.2
|
98.82
|
Java
Craps
|
98.32
|
98.8
|
96.23
|
98.04
|
99.59
|
99.65
|
97.58
|
All
Games
|
97.98
|
97.71
|
98.11
|
97.92
|
98.11
|
98.11
|
97.89
|
Video
Poker
|
97.77
|
97.77
|
98
|
97.25
|
98.18
|
97.26
|
98.16
|
Pai
Gow Poker
|
97.07
|
97.75
|
98.2
|
92.25
|
95.38
|
101.54
|
97.29
|
Spice
Island Poker
|
96.09
|
97.29
|
100.28
|
93.79
|
94.14
|
97.43
|
93.58
|
Video
Slots
|
95.50
|
94.49
|
94.67
|
95.78
|
98.48
|
95.21
|
94.38
|
Roulette
|
94.85
|
93.04
|
94.88
|
98.47
|
97.45
|
91.48
|
93.8
|
Red
Dog
|
89.33
|
89.3
|
89.54
|
103.64
|
78.45
|
85.27
|
89.79
|
Rags
to Riches (slot)
|
84.01
|
83.93
|
77.4
|
84.83
|
88.74
|
90.93
|
78.2
|
The pay-table clearly
demonstrates that 'skill' games like blackjack and craps
clearly return more than no-skill games link slots. The one
exception is Baccarat - the high rollers favorite. Baccarat is
a very simple game where you choose your bet and then let the
dealer play out the game. However, if you choose the
correct bet is is a high returning game. See our baccarat
strategy page for more details.
And yes, the above pay-table
does mean that over the months to Feb 05, this casino
lost money to its baccarat players.
So choose your game wisely and
good luck! |
|