Mathematical Advantage: The House Edge

Although casinos might seem like glittering palaces where the everyman can achieve their dreams, they’re that by design, and they are primarily commercial businesses seeking to turn a profit above all else. Following that, there is a ‘house edge’ or security of profitability built into every game on the casino floor.

Always Vegas Casino You’re going to be bowled over, blown away, and seriously impressed by what you’re about to find at Always Vegas Casino. We always want you to get that Vegas feeling when you visit our casino. That’s why we chose our name. Play Online Casino Games for real prizes at Chumba Casino. We have over 80+ online casino games including Slots, Blackjack and Roulette games. If you can't find the answer to your question you can always. Always Vegas casino is a business-liked betting site powered by Rival Gaming software. Together with access to irresistible interactive video slots, or i-slots, you'll have the benefit of a series of code free bonuses that include an exploratory no deposit offer.

Casino’s, like any other successful business, want to track their profitability closely and have some certainty about the return of the money put into the game by players back to the casinos pocket. This is expressed as a percentage of return on each game and reflects an average amount that is returned to the casino from players’ bets.

While individual players may find success, taking a few bets that fall to the spin of the wheel or the turn of the cards, simple probability theory kicks in when enough bets are made. Essentially this means that the more bets that are made, the closer the house gets to their house edge average. Let’s take you to the roulette wheel for a little walkthrough.

Check out our list of the games with the lowest house edges for great games that reduce the house edge. Or, alternatively, read this page for a list of the sites that have the highest average RTP rate, if you want to play on a range of high-paying games.

Example: Roulette House Edge

The game of American roulette has a house edge of 5.26%. This means that on average, for each dollar that is wagered, 5.26 cents will end up back in the pocket of the house. It’s not a huge percentage but it’s enough to guarantee a profit.

The house edge isn’t apparent right away, which is why it’s smart to place a few bets and quit while you’re ahead. Place a dollar on black and you might win or lose a dollar. Place a dollar on black 100 times and you might be up $5 (+5%) or down $30 (-30%).

Make that same bet 100,000 times, and you’ll nearly always be losing to the house by around 5.26% (down $5,260, while the house is up). The more you bet the closer your loss equates to the house edge. That’s the mathematical advantage that casinos have that no amount of ‘luck’ can overcome.

Crunching the Numbers: Casino Profitability

When you put together all the house edge percentagesacross the games in a casino, you’re left with the profitability of the casino. No game is designed to reward the player more than it does the casino, so the profitability of the casino will always be in the positive.

As we established above, casino profitability increases and cranks up the longer a player places more wages and sits in the bettor’s seat. Here’s where another sneaky casino tactic comes in that bettors should be wary of – casino’s limit the players’ awareness of time through a lack of windows and clocks. Incredible!

We’ve put together a list of the techniques casino’s employ to keep players in the hot seat. While they can lead to a lot of money out of the bettor’s pockets, if you’re aware of the techniques you can reduce their effect on your betting sessions.

• Lack of clocks
• Lack of windows
• Free drinks
• Labyrinthine casino floors
• Gambling conducive carpets (really!)
• Stimulating lights and sound
• Playing with chips rather than money
• Subliminal messaging

While casinos will always have the advantage, the games range from slightly in the casinos’ favour to heavily advantaging them. Blackjack can have house advantages as low as 0.5% (with the statistically perfect playing strategy), so if you are aware of the casino techniques above and these games, you can minimise the house influence on the game, increasing the player’s profitability, rather than the casino’s.

RTP: Return to Player

Another way players can measure how far their bets can go is through the RTP or the ‘return to player’ of any given game. This is expressed in a percentage, and is essentially the flip side of the house advantage, stating the amount a player will get back on a wager, rather than the amount the house will get.

Taking the roulette example from above, with enough wagers, the house will receive a profit of 5.26%. Converting this into the RTP gives us 94.74%, meaning that placing 100 $1 bets should ideally (in the casino’s eyes) return $94.74 to the player. Note that the player is down on their $100 investment!

A high RTP is good, as close to 100% as possible, but just like the house advantage the RTP requires an increasing number of wages to conform to the probability of the equation and make sense. This means that by keeping sessions to a short time, players can escape the probability trap.

The Power of the Player

Sure, casinos are businesses, and we can’t really blame them for the advantages they have and the tactics they use. So long as us bettors are aware of this advantage, we can keep the chips stacked in our favour as much as we can.

RTP and the house advantage figures can be incredibly useful to players, as we can use this information to make informed decisions about the games we play, and when we can call it quits on a session.

Always Vegas Casino Log In

The great thing about probability, is that it is expressed in an average, and as long players keep their sessions short, they can keep those explosive jackpot winnings for themselves before the probability kicks in. Casinos only win in the long run.

What’s more, the house edge is only present in games against the casino. Players can try their hand at player vs. player games, such as poker, where more control and skill are in the hands of the player. This accounts for all versions of poker, many of which you can find at most casinos. Happy gaming!

Frequently Asked Questions

Before we go, there are a few questions on our mind that require addressing. We get inundated with questions on all kinds of topics, and this fundamental element to casino operations is no exception. We’ve compiled the most common questions about the house edge right here for your viewing pleasure.

Why does the house always win?

Thanks to some number crunching and an understanding of probability theory, online casinos have fixed in place a mathematical advantage in their games, that means that over time, the games will win over the players. This does not mean that the games are rigged, but just that, overall, and over a long time, they will take in more money than they pay out to the player base.

What does the house always wins mean?

Essentially, that in the long run, the casino will always win. This does not mean that the casino will win every bet, just that return to player rates (RTPs) are set so that the house will profit overall. Not all RTPs are the same, though. Games like online blackjack have low house edges.

Why do I never win at the casino?

There are a number of possibilities and things to think about here. You might be playing for too long, continuing to bet until you have lost any winnings you had. Or you may be using the wrong kind of betting strategy for the game you are playing. Check out our roulette strategy page for some tips.

Do gamblers ever win?

Yes, gamblers win a lot of the time. On games like RNG roulette, bets on black or red will win almost half of the time. However, winning individual bets does not mean the same thing as walking away with profits. Make sure to play with a strict budget in mind, don't go chasing profits and your gambling will be much more fun.

This is an innovative new entry into the online slot machine world that brings together the best of Las Vegas on the Internet all in one place. If you want something optimized for mobile play, filled with progressive jackpots, slot games, table games, video poker, specialty games, and a live dealer, then you have found all of that and more with this website! Even the design of the website itself is breathtaking. This is going to be a force to be reckoned with in the online gambling scene!

Play How You Want

Most of the games around here are featured at other providers, always cultivated here to be the best of the best as far as a collection goes. Whether you want to play for fun or play for real, you can do both. You can even download if that’s the way you’d like it, playing from a native application on Mac or PC. There really isn’t any avenue of play they haven’t considered here, making something for everybody, and leaving no one left out!

Promotions are Wonderful

As far as promotions go, they have all kinds around here! The biggest of which is your welcome bonus, which is true of any casino. This is a 200% bonus, capped off at $6000! That’s right, we didn’t misspell or make a typo. If you are willing to put down enough money, you can get $6000 in free money in return! You also have the option of 100% cash back insurance, but between free money of that, we think the choice is obvious. They also have weekly promotions and specials going on, such as next day cashback, and VIP loyalty points. It has the most fully featured suite of bonus material we have ever seen. If there is some kind of incentive in existence, then they have put it in to play around here. Even just going to the website can feel like you’re playing a game, always having a reason to come back and check in on how it’s going. The VIP feature of the site is one of the standouts, rewarding players that come back time and again. It is very much a rewards program, and as long as you are betting real money, you’re automatically enrolled in it. Anytime you play, you get rewards points. You can redeem these rewards points for straight up cash in the form of credit, there being no other conditions beyond that. You can make quite a bit of money just playing on the site and spending your own money, but it makes us feel value to know that any time we put down a dollar, we’re at least getting a penny or so in return! Don’t trust our math on that, however.

Great New Games

Of course, this would be a dud if it didn’t feature hot new games. And we are glad to report, not only does it feature amazing games, but it features them from a wide variety of genres. Although some of these games are high budget, not all of them are. It’s a very eclectic mix of games, giving something for everybody, even people that like things to be old-school. If you are a fan of old style Vegas games, they have plenty of three real slots. If you are a fan of the newer addition of five reel games, they have those too. The matter what you’re up to, they’ve got it around here! Our favorite games by far are there table game selection. Featuring everything from craps to poker to red dog, blackjack, and Bakarat, if there is a table game somewhere in the world, we got around here! It’s all also tried nicely to the live dealer feature, which can have you playing with an actual dealer is if you were in Las Vegas itself sitting down on the strip. They have various forms of video poker as well, letting you play with other players and things like that. There really isn’t a single game in Vegas we can think of that they don’t have around here, aside from trying to skip out on an excessive alcohol bill, and fun hangover stories!

Deposit and Withdrawal Instantly

To make deposits and withdrawals, they except almost anything you can imagine. Visa, MasterCard, and various wire transfers are offered, some of them being offered on both deposits and withdrawals, and some of them only being available for deposit. If you use the or MasterCard, you could only make deposits with those. You can withdraw your money in a lot of other free payment services, however, including wire transfer, which is a no-brainer if you’re insecure about which method to use. If you are going to make a withdrawal, you will need some paperwork. This is true pretty much all online casinos, and nothing to worry about. It’s simply ID, proof of address, and a copy of your credit card and authorization form is all it typically needs.

Instant Play

Not to be outdone by the competition, they also feature every game aside from the live dealer in other features in the form of instant play mode. This is essentially a free to play mode, requiring no money put down in order to have some fun. As you would expect, you’re not going to win a single cent if you don’t put down a penny, but if you’d simply like to have a good time and try everything out like a little kid at the market, you’re more than welcome to. You still have to make an account, however, which does set the side apart from some of the others of its kind. It’s very simple to make an account, so we don’t hold that against them. If anything, we’re happy to support them by at least giving them our email and signing up, because we know they’re not going to send us anything weird as far as marketing materials go.

Always Vegas Slots Casino

Mobile and Desktop Ready

Casino Always The Dollars

No matter what mobile device you’re on, the site also runs perfectly. It is optimize for both android and iOS, running well iPhones in particular. We’re not quite sure what their target demographic is, but no matter what platform you’re running, even if it is Mac or PC, it’s going to run well and play smoothly. Mac or PC also has the benefit of letting you use download play should you choose. As long as you have an Internet connection, and some source of funding and transfer, you are in the running to win some money on this site! In sum, this is a very all around modern packacke that runs well across all mobile devices. If you are a frequent player, you are rewarded for it with points. If you sign up with a hefty deposit bonus, you can get up to $6000 in free money in return. Pretty much every day of the week has a new promotion, and they have a catalog of games that is second to none. If that doesn’t sound like a compelling package, we’re not sure what work! Feel free to give it a try, and avoid all the downsides of going to Las Vegas itself, including the expense!