Understanding House Edge

House Edge: An Easy Guide and Best Games to Play

Our experts dive deep into the important concept of online casino house edge, and uncover all the key facts players in Canada should know!

Knowing the basic concepts of casino gaming is crucial if you aim to increase your chances at landing wins. House Edge is one of those essential; concepts you need to be aware of. This short guide will highlight why is it important and how can this knowledge serve you.

What is a House Edge?

The House Always Wins.” Most players at online casinos in Canada know that the casino holds an advantage over players on every game played – that advantage is called the House Edge and or even referred to as the House Advantage.

Our Understanding House Edge - Canada Casino
Our Understanding House Edge – Canada Casino

The casino House Edge Value is featured as a percentage amount that represents the casino’s profit margin on any bet placed. To put it simply, if one player bets C$100 in a game that features a 2% casino house edge, then equivalently, the casino would have a profit margin of C$2. The average amount of a realistic House Edge would be around 1.5-5%.

Every casino game has a House Edge and the opposite value of the house edge is the RTP (Return to Player). RTP features the percentage return to the player on the amount originally bet. So again, if a player bets C$100 on a game that features a 97.5% RTP, then that would mean the player will get C$97.50 back upon landing a win. The same game’s House Edge would therefore be a 2.5%.

10 Casino games with the lowest House Edge in Canada

Different online casino games offer a different casino House Edge. More importantly, a lower house edge means higher payouts for players.

We want to help you increase your chance at winning so we have compiled the below list featuring some of the best House Edge to a player’s advantage – featuring Baccarat, Poker, Slots, and other popular casino games.

GameHouse Edge %
Blackjack (Single Deck)1.5%
Craps1.4% – 5.0%
Baccarat1.5%
Three-card Poker1.5%
Video Poker1.5%
Slots2.0% – 15.0%
Ultimate Texas Hold ‘Em2.19%
European Roulette2.5%
Pai Gow Poker2.5%
Caribbean Stud Poker5.2%

Conclusion

Realistically? Casinos in Canada need a house edge because ultimately, they seek out a profit margin as any other company would. For most players, the online casino House Edge can be considered the ticket price for participating in an entertaining pastime.

Still, understanding the mechanics of the casino House Edge enables players to make more knowledgeable wagering decisions. It’s a fact that players who choose casino games with a lower house advantage have better odds of accumulating winnings during a session.

Finally, what matters most to you as a player is that you know the logic behind it, and as long as the information is clear, the choice of which game to play is ultimately yours. So next time you visit your favourite online casino in Canada, claim a great bonus, and test out the house edge for different games yourself!

Frequently asked questions

The House Edge is the casino’s numerical advantage of winning a game. Calculated over a period of time, every game contains a margin of profit the casino can expect to earn from it. It is also known as the House Advantage.
Slots online in Canada are the most lucrative games for casinos because they have a ‘high’ house edge when compared with most other games. Slots typically have a house edge of between five and ten percent (5% - 10%), although some slots can be lower or higher than this range.
Yes - in the short term. It’s called ‘Variance.’ Players can earn winnings at the casino during a game, close the session and bank the profits. In the long term; No. Eventually, the house edge will catch up if the game is played long enough.