With non-stop 24/7 access to online casino games, it is remarkably more common than you think to fall into the trap that there’s nothing to win with them. While it is true that all online casino games, like playing in person, are games of chance, not realizing the nuances of winning and betting odds is a sure way to lose more often than not. Even though random number generators ultimately determine wins and losses, you can put yourself in a position to win with these expert tips by reading this guide.
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Understand the House Edge and RTP
No matter how promising and lucrative bonuses are, understanding the house edge is the first step. Also known as house advantage, this is the unfortunate percentage that the house gets to keep, even when you win. Without saying, if you lose any bet, the house gets to keep all the money.
For the easiest results, beginning casino players often turn to slots. The RTP for most reputable slots is around 95%. The RTP is the opposite of the house advantage because it is the barometer by which players can expect to get back money. For slots games especially, the best way is to choose those beginning at 95% because it means you can reasonably expect to get back $95 from a $100 wager over time.
By that reckoning that logic applies to table games and the live dealer options. One such example is for roulette. While American Roulette is the most popular, the house edge is 5.26% compared to the French and European variants. So, if you’re counting dollars, the wise move might be to stick with the European and French variants because the house edge is 2.63%.
And if available, the great player goes with French Roulette because the house edge goes lower to 1.35%. You can thank the special La Partage and En Prison rules for this boosted chance of fortune. Thanks to massive technological leaps, most online casinos have more variants than retail casinos. The house for these games is usually lower because of the side bets and other bonuses, so that is something to consider.
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Understand the Slot Volatility
Besides the RTP rate, the art of choosing worthy slots also factors into volatility. Slot games come in low, medium, and high volatility levels. For those new to slot games or counting dollars, it might be wise to begin with the classic slots. Most classic slots have low volatility, meaning you can expect more frequent and consistent payouts over time.
Because of this, many of the top online casinos have a classic slot section to help players get into the winning groove. They also feature many of the top promotions, including free spins. For those looking to win the megabucks with the jackpot slots, keep in mind that these games are high in volatility. So that means you could be waiting a while to win a decent bonus. When you win the massive jackpot, that’s the luck of the draw.
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Focus on the Betting Odds
Choosing the games with the right house edge and RTP is only the first step. Some games, like baccarat and craps, offer multiple bets. These bets have their own house edge, so it makes sense to understand them. For example, while the tie bet in baccarat pays the most at 8:1, the house edge is well over 14%, so the odds aren’t on your side.
On the other hand, the standard banker’s bet in baccarat pays 1.05%. And if you have the fortune of playing no-commission baccarat, the house advantage can fall even lower to 0.50%.
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Practicing Is Your Best Friend
No, we’re not talking about NBA Hall of Famer Allen Iverson’s famous quote, “Practice,” but we’re encouraging you as experts to keep practicing your craft. Fortunately, playing online means having access to free casino gaming sites, so you can work out all of the kinks before you move up to the real-time. You can figure out which bets work and get a better appreciation of the odds while keeping your wallet closed.
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Choose One Game at a Time
If you’re learning the ropes about live dealer or table games, it might be wise to stick with one game at a time. It’s common to find multi-table poker and blackjack games. Not only do they require larger budgets, but it might be hard to keep up with any strategy charts or betting strategies with so many games in play.
