Why do people gamble if the house always wins?
People gamble for fun and because there is a possibility, however small, of winning some money. Most bettors are aware that the house holds an edge. However, they often misunderstand just how big that edge actually is.
Casinos are crafty, giving players just enough hope to keep them betting. Ultimately, the longer you bet, the bigger the house advantage becomes.
Choose Games With High RTP
Another way to pick the most profitable online casino games is to look at RTP. Top online casino sites will have games with RTP that are above the industry standard. But let’s first define what RTP is.
There are dozens of different gambling games to choose from if you’d like to win some money. From slot games to poker tournaments, the list is almost endless but there are certain games that can earn you more than others. Like blackjack and online craps that belong to the most profitable online casino games.
One of the biggest reasons to gamble is winning some cash but you have to choose the right game to make a significant profit. You can play with a game with a big payout which usually has less chance of winning though. Or play with a smaller amount but with better odds. The best is if you can find a game that combines these two characteristics and offer a low house edge. Thanks to the cheaper costs of running an online casino site than a real one, there is more chance of winning bigger amounts online. Of course, you’ll still need a big portion of luck, that is hard to keep in the long-term. But everyone can have a good day and win some money with the following games.
Blackjack is one of the most profitable online casino games.Blackjack is a very simple and easy card game with a great chance of winning. 42,2% exactly while the house edge is only 1%. Not surprisingly it is one of the most profitable online casino games available. But that is the risk of the game as well, with many players risking too much in the hope of winning. Others use different strategies to eliminate the house edge, but some of them, like card counting, won’t work online. Most games use shuffling software against it and live dealer games won’t help you either. But with online casinos offering a 3 to 2 payout, blackjack is still a great option to win some money.
Live poker.Poker is probably the most popular gambling game which can award you with great prizes. The best poker players can win millions of dollars in poker tournaments, but it can be also profitable online. Where you can practice the game and improve your skills in order to win more later. You might meet more players in an online poker game though, than in real life, making winning more difficult. But your rivals can’t see your face and read your cards from it, which is a huge advantage of the online version.
Play with craps online.Craps might not come to your mind as the most profitable game, but it can also have a house edge of around 1%. One of the biggest advantages of craps is that you can bet on small amounts. But as it’s a dice-based game, you need to play longer to increase your chances. You can also use some well-known strategies but keeping your bets low can help you the most. Popular bets like pass or don’t pass bets have a low house edge. And you can even add an odds bet if a point is set without a house edge.
French rouletteWhile brick-and-mortar casinos usually offer American roulette, you can find the more profitable French roulette on online gambling sites in the UK. This version has a house edge of 1,35% instead of 5% thanks to two extra rules: en prison and la partage. According to the first rule, your stake will be in prison if the ball lands on 0 in case of an outside bet. (odd/even, red/black, high/low). While la partage means that you can get half of the bet back if the ball lands on 0 and you placed an even-money wager. French roulette also has its own special bets compared to other roulette games. Like Voisins du Zero where you can bet on all the numbers between 22 and 25, making it a more entertaining experience.
Online slots.Playing with online slots might not seem a profitable gambling form, but they are much more profitable than their land-based versions. While the RTP rate is only around 90% in Las Vegas casinos, the online slots can have even 99% RTP. Of course, you need to check first the game’s details in order to find the one with the best chance of winning. But you should also look up the available payouts as many games offer huge jackpots with a smaller RTP. Besides winning these slots also offer great fun and an easy way to switch off. Be careful though as you can easily spend more money with them. So always set up a budget before playing and stop playing when you reached it.
Defining RTP
RTP (Return to Player) is a percentage that shows the probability of winning. For instance, imagine that the RTP of online blackjack equals 99.56%. You make a total bet of $100. That means that it is possible to get back $99.56 on average from the game. However, there is one common mistake that people make when it comes to RTP.
The $99.56 we were talking about can be rewarded either to you or the player who plays after you. So, it’s not right to think that you will win some money straight away.
Now, logically, you want to go for online casino games that have high RTP. Because it means that there is a chance of winning more money in the long run.
You will see RTP mainly attributed to slot machines but it can also be applied to other games such as online blackjack or roulette.
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Blackjack
Blackjack is not only one of the most popular games of all time but also the one that comes with the lowest house advantage. Typically, its house edge is 0.5%, which is really good. However, there are several factors that can affect its size. Even though blackjack may seem a simple game where you just need to rely on your luck, it’s not really true. In fact, your skills really matter. Also note that there is an abundance of variations of the classic game. They differ not only by their appearance but also by the rules to follow. So before you give a try a certain variation, check what exactly you will have to do. Experts recommend looking for blackjack variations that use fewer decks.
What’s in the Fine Print?
The fine print determines how profitable a particular bonus is. The most important factors to consider are:
- Bonus size – The first element to consider is the size of the bonus. The bigger it is, the more chance you’ll have to potentially make a win playing slot games. Still, that’s not guaranteed because of the next factor.
- Wagering requirements – Even if the bonus is high, if the wagering requirements go above the industry standard (30-35x), you’ll have a hard time getting any wins back to your bank account. Therefore, it might be even better to pick a less rewarding bonus that has lower wagering requirements.
- Win limits – There are bonuses with win limits. So let’s say you receive 20 free spins on a slot game. Go through terms and see whether there’s a win limit. For example, even if you win $500, there might be a limit of $200. So that’s all you can take from those free spins. Therefore, find a bonus that has no limit.
- Available games – You’ll find that various slots bonuses are specific to a certain game. If it’s a game with a low RTP rate, it’s less profitable than another bonus as you have lower chances of winning.
As you can see, these elements greatly impact the profitability of a particular bonus. There’s another thing to consider. Can you use any deposit method to activate a bonus? Some of them have lower transfer fees, and you essential save money by picking a cheaper one.
For example, some online casinos now accept numerous popular cryptocurrencies. They’reincredibly fast and have extremely low fees. So double-check whether you can claim a bonus using your favorite crypto.
BetMGM Online Casino Slots
If you’re in Michigan, New Jersey, Pennsylvania or West Virginia, BetMGM Casino offers a robust app to play all of your favorite slot games — and there is no shortage of options. There are more than 500 slot options so be sure to download the app on the Google Play Store or Apple Store.
BetMGM offers one of the most attractive deals you’ll find when signing up at an online casino for the first time. You’ll get a 100% deposit match up to $1,000 plus $25 free when you use code ACTION. The $25 you’ll get upfront is referred to as “FREEPLAY” — just sign up with a new account and pick the game you want to use your FREEPLAY money on.
See our BetMGM Online Casino review for more in-depth information about what BetMGM has to offer, including the types of games you can play and step-by-step instructions on how to sign up.
Bonus Features
This is the strong point for attracting beginners and giving them a chance to try new titles for free. You may receive gifts for depositing money to your account, or simply get a daily bonus for logging in. As a novice, you should always utilize bonuses to your advantage, as they’re usually temporary and expire quite fast if not used. Free casino gifts will allow you to play newly introduced games, increase your bet size or even give you a chance to participate in a huge gambling tournament.
These bonus game features will become more beneficial as you get more involved. You will be rewarded for your regular casino presence and frequent play schedule.
2. Craps
The second casino game with the highest chance of winning is Craps. This dice game is mainly played in American casinos. But if you want to take a gamble with Craps in Europe, it is best to go online. The Craps table may seem intimidating at first, but once you get into it it’s not a difficult game to play. In Craps you do have to deal with other players, but in principle, you do not play against each other. It’s more about estimating what the other players are throwing the dice. And that is of course still a game of chance, which does not necessarily have to do with the person who throws it. It is especially a very fun game because you play it together.
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Slots
From the casino’s perspective, slots are by far the most profitable. Most people claim that slots are rigged to favor the house but that’s not really how they work. Your winning odds when playing online slots depend on a computer program and the algorithm is designed to generate random outcomes.
The technology behind the random outcomes is the Random Number Generator. Therefore, your odds and profitability when playing online slots are dependent on the effectiveness of the RNG. This means that the operator cannot attempt dirty tricks on you, and hence your odds are more or less assured.
With thousands of online slot titles inspired by sports, video games, TV shows, and history, you can try your luck with multiple options.
Extreme Heat
RTP: 97.50%
Reels: 5
Pay Lines: 30
Free Spins: Yes
Respin feature: Yes
Fun to Play Score: 8 out of 10
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Video Poker
The house edge can range from 0% to 5% in video poker online casino games. This low house edge makes video poker so attractive to players. It is largely determined by the game you play how much you stand to win. An online casino offers the best of both worlds.
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The best low stake slots
While playing at the best low stake slots, when the coin does not cost more than 1 cent, the highest possible winnings in the slot come at the first place. A large number of coins can be won in Wonky Wabbits, The Wish Master, DOA and Dragon Island slots.Interaction between RTP and payout percentage
There is also a trade-off between the RTP and the house edge. With a payout percentage of 98%, the house edge is 2%. And for a game with a house edge of 3%, the RTP is 97%.
There’s one certainty in gambling: Nothing is left to chance. In the end, the house always comes out the winner. A casino is a business, not a charitable organization throwing free money away. Like any other business, it has a business model in place designed to ensure its profitability.
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5. Koi Princess
We’ll work in descending order and start with Koi Princess. Produced by NetEnt and released in 2015, this title covers a number of themes, starting with an oriental flavour and backed by something of a cartoon, Manga mix.
This is the fifth most popular game on our schedule and while there may be bigger paying slots around, Koi Princess is great fun and it comes loaded with a whole host of cool features. Back in the base game, there are 20 paylines across a 5x3 grid and a set of cartoon symbols to align across one of those betways.
Individual players will have their own reasons as to why they prefer one slot over other titles but with Koi Princess, the key to its appeal lies in a truck load of bonuses. They start with a random feature which can land on any base spin. It’s a pick game involving three koi carp whereby players pick a fish to win a prize. Bonuses at this point include a free spin with wild reels, extra wilds or a guaranteed five in a line win.
The main bonus round is activated when three scatter symbols fall into view. Once again, there is a choice of extra games at this point including free spins, a wheel of fortune feature and a guaranteed win.
Koi Princess also has a bonus bet feature where players can double their stake. This has the effect of increasing the average Return to Player (RTP) numbers from 96.00% to 96.23%. This is a complex game and that’s just one of many reasons why Koi Princess has risen to number 5 on the Unibet charts.
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