When it comes to odds, not all casino games are created equal. In fact, some are so heavily stacked in favour of the house (the casino) that it’s surprising players choose to play them at all. Whether you love to gamble at bricks and mortar, online or mobile casinos, you can rest assured that each and every casino has its own set of games odds or house edge.
As such, if you’re serious about maximising your chances of winning you’ll be better off picking games with the lowest house edge. Of course, just because you choose a casino game that offers you better odds of winning doesn’t necessarily mean that you will win. It just means that you’ll have a greater chance of coming out ahead in the long term.
With that in mind, on this page we’ll discuss everything related to online casino odds, and why understanding them and using them to your advantage may help you to become a more successful player. We’ll also provide a list of premier South African online casino sites with the most competitive and worthwhile odds, and the lowest possible house edge.
Rand Online Casinos with the Best Game Odds
What are Casino Game Odds?
Casino game odds are in effect a measurement of the likelihood or probability of a particular outcome which are calculated mathematically and expressed as a percentage, ratio, decimal or fraction. You can use these odds to determine your chances of winning.
For instance, odds can best be demonstrated with a simple coin flip. A coin has two sides meaning there are only two possible outcomes – heads or tails. Thus, the odds of flipping either heads or tails is 50% or 50/50 (and are some of the best you’ll find).
The table game of European Roulette on the other hand has 37 possible numbered slots for the little white ball, which means that the odds of choosing the correct number are just 2.7% or a mere 2.63% in American Roulette on account of it having 38 numbers.
The good news, however, is that although the odds of the above roulette do not favour your chances, if you do win a single number bet you’ll be paid out a whopping 35:1. This means that on a R10 bet you’ll win R350 plus you’ll get your original R10 bet back.
If you’re wondering why the pay-out is not 37:1 since European roulette has 37 numbers (1 to 36, plus 0), it’s to further increase the house edge. It’s important to remember that all casinos – land or virtual – are in business to make money, not give it away.
What is a House Edge?
The house edge is the thing that ensures casinos always have an advantage over players. All casino games have a built-in house edge to ensure they generate money for the casino over time. For example, consider a casino game with a house edge of 5% .
This means that over time an average of 5% of every Rand bet on the game is retained by the casino while the remaining 95% is paid out to players as winnings. Bear in mind this is an average so it doesn’t mean you’ll win back 95c of every R1 you play with.
The house edge is a necessary evil at casinos because it allows them to be profitable and remain in business. Without a house edge casinos would be under constant risk of going bust in the event a group of players each won a fortune at the same time.
The real trick is to seek out casino games at premier South African online casinos with the lowest house edges so you can best capitalise on your bets or wagers. The reality, however, is that some of the most popular casino games have the worst house edge.
This is why it’s so important to research the online casinos games you want to play so you’re aware of your odds of winning and how much the casino stands to win from every Rand you play over time. Having this knowledge can improve your odds of winning.
The Importance of Understanding the House Edge
Seeking out and understanding the house edge is important because it can directly influence the types of casino games you decide to play, how much you choose to bet and how much you ultimately win. Here are some useful tips to remember about house edge:
- The smaller the house edge, the greater your chances of winning.
- Playing casino games with a lower house edge can make your playing funds last longer and improve your chances of winning.
- Playing games with a smaller house edge coupled with knowledge of the respective game’s basic strategy can help you win more.
- Always pick games where you can make fewer bets over time in order to help reduce the ‘grinding away’ effects of the house edge.
- Regardless of a game’s house edge, if on a losing streak stop and return another day. If on a winning streak, quit while you’re ahead.
Casino Games with the Lowest House Edge
Although there are plenty of South African online casino fans who play games simply for the fun and excitement of them, for others it’s about increasing their odds of winning by picking games with the lowest house edge.
If you classify yourself as the latter, here’s a list of casino games with the lowest house edge you should consider:
Casino Games with the Highest House Edge
Now that we’ve revealed the casino games with the lowest house edge, it’s time to reveal those with the highest. Although these games can be enormously entertaining and yield some impressive pay-outs, be aware that they can be the most profitable for casinos: