What is a House Edge?

If you have ever played in a casino, you’d come across the term “House Edge,” which actually refers to the amount of money you and the casino, in its turn, earn. 

Let’s discuss the term in more detail below.

What is House Edge, and how does it work? 

The phrase “House Edge” is used in both land-based and online casinos. It refers to the casino’s edge (advantage) over the players. The House Edge is usually expressed in percentages and is the reverse of the RTP (Return to Player). For example, if a game has a 96% RTP, the house advantage is 4%.

One of the ways casinos generate income is via the House Edge. It varies from one casino to the next and depends on the game you’re playing. Furthermore, the house advantage in different aspects of the same game might also alter.

Shortly speaking, the House Edge (HE) is the casino’s profit as a proportion of the player’s original stake. So, for example, in games like Blackjack, doubling or splitting may double the ultimate wager.

In our example, a casino with a 4% House Edge is likely to profit $4 for every $100 of your wager. It is figured out as a whole, and when hundreds of thousands of hands are played, it turns out to be true.

At the same time, you have a good chance of beating the odds by playing two hands and winning both times. This is what makes casino games so thrilling.

How can knowing House Edge benefit you? 

The House Edge may indicate which games are the most lucrative.

Games with a high House Edge pay out less over time than games with a low House Edge. Using this knowledge, you may avoid games that offer the casino an unfair advantage.

How is House Edge formed?

House Edge comes from the games themselves, not from what each casino does. So, no matter where you choose to put your money, you can’t get away from the House Edge if you bet on casino games.

You’ll see that the House Edge isn’t always the same. However, this isn’t because of the casino but of how the game works.

How do slots affect the House Edge of the game?

Skills and experience can help you win more often in some casino games. But in online slots, everyone has the same odds, and there’s no way to improve them. You can only choose how many pay-lines you want to play, press “play,” and hope for the best.

Have you ever wondered why there are so many slot games in online and real-world casinos? Because slots have a low RTP, casinos have the biggest “House Edge” and, thus, more possibilities to generate income.

Noting all the mentioned above, it’s essential to conduct the proper research before choosing the right venue for you to gamble and win.

What makes FortuneJack the perfect place to gamble?

Our “Provably Fair” section has 8 games: Keno, Plinko, Spheres, Baccarat, Mines, Hilo, Video Poker, and, of course, Dice. Each of these games has a House Edge of only 1%. The idea behind it is complex and uses a cryptographic hash function. In simple terms, it lets you check for yourself that the games are 100% fair and that the House Edge is as low as they say it is.

So, try your luck with us and be sure that we’ve got all it takes to give you the perfect gambling experience.