Casino House Edge Explained - Lowest & Highest Casino Game House Edges
Stake - April 20, 2023
If you love playing popular casino games online at Stake.com and wondered which games offer the highest payouts, you've come to the right place! In this guide, you'll discover what house edge is, why it’s important, and how to use it to your advantage when picking the best games to play at the Stake Casino.
What is House Edge?
House edge - sometimes called house advantage or casino advantage - is built into every online game and is a casino’s way of earning money to cover its operating costs. It’s helpful to look at each game’s house edge before playing, as it gives you a decent idea of your odds of winning and how much the title pays out on average.
The house edge of casino games and vary greatly, depending on the individual casino. At Stake.com, generally single-deck blackjack is a casino card game with the lowest casino advantage, usually 0.5 - 1.5%. Other table games are popular because of their low house edges, with the likes of dice (1.4% - 5%), baccarat (1.5%), three-card poker (1.5%), and European roulette (2.5%) all proving popular.
It's also worth pointing out that some video poker games have extremely low house edges built in, typically ranging from 0.4% to 2.5%, depending on the title.
The house edge on slot machines varies significantly and depends on many factors. A small selection of slots has a house edge between 1-2%, while others can have a house edge as high as 15%. Many of our most recommended slots have an industry-standard edge of 4-5%, which is a decent figure to shoot for when looking for the best online games.
How Do You Calculate House Edge?
The good news for online casino players is that house edge is already calculated for you and incorporated into the game itself. Therefore, you don’t need to worry about working through complex mathematical equations to understand how much you can potentially win on a game.
When you access the Stake online game library, you can check the house edge (sometimes given as the return to player percentage – more on this shortly) in the game description. You can then use this to guide you as you decide which games to play and how much to bet.
How to Use House Edges to Your Advantage
Understanding casino edge helps to manage your expectations and bankroll when playing at Stake and developing the perfect strategy. The best way to look at it is that house edge is the price of your entertainment, as opposed to odds that are against you. While the casino carries a slight statistical advantage, most games are powered by random number generators, meaning that any player can win anytime.
The best way to use house edge to your advantage is to acknowledge that it exists and to bear it in mind when placing your bets. Look at baccarat, for instance.
When you bet on the banker’s hand, the house edge is 1.17%, while the player’s hand has a house edge of 1.36%. If you bet on the tie, the house edge is 14%. Therefore, statistically, the best bet you can place at the baccarat table (as far as the house edge is concerned) is a bet on the banker’s hand.
Of course, you need to look at more than just house edge when deciding which bet to place, but incorporating house advantage into your strategy helps you to make smarter bets and can increase your chances of winning.
House Edge vs Return to Player (RTP)
When playing online casino games at Stake.com, you have probably seen house edge percentages and return-to-player (RTP) percentages in the game descriptions on our site. Fundamentally, they represent the same thing – how much is paid out and how much is retained by the casino.
For instance, if a game has a house edge of 2.5%, it can be said that it has a theoretical return to player percentage of 97.5%.
Remember that when referring to a classic table game, the figure is usually given as house edge and will be a low number (1-5%, for example). When referring to a video slot game, the figure is usually given as RTP and will be a higher number (95%, for example).
How to Play Casino Games Online at Stake
From Caribbean Stud Poker and American Roulette to online slot machines and game shows, understanding house edge, game volatility and RTP is important so you can discern how much you can potentially win on each game that you play. Acknowledging this built-in advantage will help you understand casino odds and play the best games.
If you’re ready to get started at Stake Casino, you can do so by following these simple steps:
Step 1: Create an account for free and deposit funds via your chosen payment method. Find out which cryptocurrencies Stake.com supports.
Step 2: Browse our extensive game library and read our game descriptions to learn of a game’s house edge or RTP. You can enjoy games like video bingo, cards, live casino games, slot games, and many other titles. Check out our online casino guide if you’re new to online gaming, as it will help you get started.
Step 3: Play your chosen online casino games and cash out any winnings that you have accumulated. Alternatively, keep your crypto in your Stake.com account to fund future gaming.
How to Deposit & Withdraw Funds at Stake Casino
Depositing crypto to play at Stake.com couldn’t be easier:
Step 1: Retrieve your deposit address, located in Wallet > Deposit.
Step 2: Choose the method that suits your needs. Stake.com supports multiple cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (Doge), Litecoin (LTC), and others.
Step 3: Use your deposit address as the ‘send to’ location for your crypto wallet or exchange.
Step 4 (Optional): If you wish to make a deposit via fiat currency, you can buy crypto for Stake via Moonpay.
Stake.com offers live support to players via our customer support staff for help with issues regarding depositing and withdrawing units.
Moonpay supports multiple payment options, including Visa, Mastercard, Apple Pay, Google Pay, and others, to buy cryptocurrency to play online games. For a full list of supported payment methods, please refer to the Moonpay documentation.