Although some slot machines have a theoretical return to player that approaches the RTP of blackjack and baccarat, most slot machines still have worse percentages.Įven so, you can quickly lose your money at the blackjack table if you don’t know when you should hit and when you should surrender.įor that matter, if you have a choice between a table that allows surrender and a table that doesn’t allow it, play on the table with the surrender rule. It’s still your responsibility to play wisely. They want you to pick games less likely to take your money through the basic rules. So why do experts tell you to favor the games with the lowest house edge?
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If the house edge is 5%, then the theoretical return to the player is 95%. It only applies to the long-term play of a game.Īnd the same is true of “theoretical return to player,” which is the yin to the “house edge” yang. The house edge means nothing on any individual wager. The low house edge doesn’t mean the dealer won’t get natural in blackjack, the roulette wheel will land on your number, or the slot game will hit the jackpot on your next spin. But the truth is that most people lose on a wager. The idea that the casino only rakes in around 1 to 10% of all player wagers makes it sound like you will keep at least 90% of your money. This is a popular concept to talk about because it’s easy to explain and understand.
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They also do their homework on how much the casino expects to earn from a game over time. Many gambling experts understand how the house edge works in the games they are playing.