Each person who wishes to gamble hopes to finish the gaming session with a positive result. The chances of leaving the casino with more money depending on casino games. Therefore, we’d like to present to you the article which shows the differences between the lowest and the highest house edge casino games. Also, it will help you to find the top paying online casino!
We’ll introduce to you the selection of top games which give higher chances to beat casinos. The lower the house edge, the higher the probability to win. So, keep reading to be aware of games with the highest and lowest house edge to start your solid gambling journey today.
Top Casinos with the Lowest House Edge
What is House Edge in NZ Casinos?
The gambling dictionary says that the term “House Edge” refers to the numerical advantage over the player. For example, when you play roulette, the green zero gives the casino an advantage over you. Your result does not necessarily depend on the house edge, since punters can end up poorly or well anyways. However, in order to take maximum benefits, they should optimize their chances by making the most comfortable conditions. Moreover, the odds are not consistent across the games, so it’s important to learn the house edge of all games.
For example, when you play cards with your friend or roll the dice, mathematically, the odds are equal for you and your friend. In case the winning conditions are not equal, one of the players gains an advantage. Imagine the situation, if the player and the dealer receive one card each, and when this is revealed, the person with the higher card wins. The chances are 50% and 50%. Therefore, nobody would win in the long run. But if we suppose that the bank has even a 1% chance more than players, the house wins.
The Difference Between the Payout Percentage and the House Edge in a Casino NZ
The house edge is another term for the casino edge. This term is familiar to all casino fans, therefore every table game, pokie, the lottery has the percentage for the house. It indicates how much money the game pays out on average, and which game provides the best returns. The percentage of return is determined by the game providers, not by the casino. Thus, take into account that regardless of what casinos you play, there is always the house edge.
While the payout percentage shows how much Kiwis can expect to win in online casinos. Basically, return to the player percentage how much of your bets will return in winnings. For example, if the game has an RTP of 97%, the casino will payout every $97 of your $100 bet.
House Edge of Popular NZ Casino Games
When we launch any game from the casino lobby, we expect to potentially win money and have fun. But not all types of games provide similar RTP since each game has a different payout percentage.
In the list below, there are three of the most popular NZ casino games:
Classic Blackjack – House Edge is very low compared to pokies equals 0.75% or more. The house edge in Blackjack varies in the number of cards used. Blackjack’s with a single deck significantly increased the chances of winning as the house edge is lower. Top online blackjack casinos!
Pokies – An average house edge from 2% to 10% in top online casinos. Although pokies have a higher percentage of the house edge, they are the most popular games in online casinos. The house edge also depends on the particular games, since each of them provides different features that influence the percentage.
Live Baccarat – The house edge is lower than in pokies equals 1.05% on average. Baccarat is a game with simple rules but has still one of the lowest house edges in gambling. If you want a little more relaxed atmosphere, this game is for you.
Online Casino Games with the Highest House Edge
Games with the highest house edge are also in demand by millions of players since they know how to get the best odds. Especially for such players, we have collected the list of games with the highest house edges!
- Wheel of Fortune with the house edge from 24%
- Keno with the house edge from 15%
- Pokies with the house edge from 8%
- Sic Bo with the House Edge from 2.50%
- Craps which has the house edge from 1.4%
- Roulette has the house edge from 1.3%
Of course, these percentages are presented on average, because they can vary from one game to another. Pokies are the most popular games with a very high house edge, but online pokies have a lower house edge than land-based slot machines. This type of game is extremely popular due to its variance, and simplicity. Pokies do not require real knowledge and skill to start playing. Moreover, slots provide a wide bonus system, with many promotions and rewards. In order to increase the odds of playing slots, you need to wager larger amounts.
Online Casino Games with the Lowest House Edge
The lowest House Edge games always require some effective strategy or skill. With a certain knowledge, you can boost your chances and reduce the house edge.
Top games with the lowest house edge
- Blackjack – 0.72% House Edge
- Baccarat – 1.06% House Edge
- Roulette – 1.35% House Edge
- Craps – 1.4% to 5% House Edge
Conclusion
According to our experience, blackjack is the game with the lowest house edge. While the chances of you winning depends not only on luck but also on the strategy that improves your odds. However, other games with a low house edge have unique rules that add interest to the game and the skill really affects the results.
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