Naturally, when you start gaming at a new online casino, you hope to leave with more money. The chances of this happening vary significantly between casino games. This is why we have dedicated an article specifically to compare the lowest and highest house edge casino games, which help you find the higher paying casinos.
We’ll walk you through the best games to trigger higher wins since a lower house edge equals a higher probability of winning. Feel free to keep on reading to discover which games have the highest and lowest house edge before starting your gambling adventure at an online casino.
What is House Edge in NZ Casinos?
The term “house edge” refers to the mathematical advantage that a casino game has over the player, for example, the green zero in live roulette. Punters can play almost any game well or poorly, and they can optimize their chances of winning by creating the best possible conditions for themselves. The element of chance is not consistent across all games, and this is precisely why it is beneficial to have a breakdown of casino games by the house edge.
For example, if two people play cards against one another or roll the dice, the odds are mathematically equal for both of them. If a player’s winning conditions are slightly altered in his favour, he gains an advantage. However, if we consider Casino War, the player and the dealer each receive one card in this manner, and when this is revealed, the player with the higher card wins and collects both bets. Nobody would win this game in the long run; the money would simply be pushed back and forth. Now, if we suppose that the casino has altered the rules, requiring the player to have a higher card to collect the dealer’s stake, the bank wins. While this does not occur frequently, the banker now has a better chance of winning than the player, also known as the house edge.
The Difference Between the Payout Percentage and the House Edge in a Casino NZ
The house edge is also referred to as the casino edge. And it’s something that exists on every table game, lottery, and pokie in an online casino. The house edge indicates how much each game pays out on average over its lifespan and which games provide the best returns on wagers. This casino advantage is determined by the games, not by individual casinos. Thus, regardless of where you invest your money if you wager on casino games, the fact remains that you cannot avoid the house edge.
On the other hand, the payout percentage is a measure of how much Kiwis can expect to win on average. In other words, payout percentages indicate the percentage of money wagered by players that the casino will return in winnings. Return to player percentages is frequently used interchangeably with payout percentages. If a game has a payout percentage or return to player (RTP) of 96%, the casino will typically pay out NZ$96 for every NZ$100 wagered.
House Edge of Popular NZ Casino Games
We play casino games for entertainment and the potential to win money, but not all games are treated the same; there is a significant difference in the likely payout percentage for each game.
Below are three of the most popular NZ casino games:
- Classic Blackjack – House Edge from 0.75%. Blackjack variants differ primarily in the cards used – or, more precisely, in the number of cards used. If you can find a game with a single deck, your chances of winning significantly increase as the house edge is reduced considerably.
- Pokies – House Edge from 2% and 15%. While pokies have lower payout percentages than table games, they are undisputed kings of online casinos. To help you lower the house edge, we recommend paying close attention to the game’s features.
- Live Baccarat – House Edge from 1.06%. Baccarat is a good option if you’re not a fan of pokies but still want a simple game. It’s a little more relaxed and less intense, whereas this game only requires a basic understanding of strategy.
Online Casino Games with the Highest House Edge
Before you start playing at an online casino, it is critical to understand which games offer the best odds of winning. Luckily, there are quite a few games that offer the best winning chances. However, this does not mean that other games are unworthy of being played. Every gambling game is designed to give the house an advantage, but some games, including new online games, are more skewed than others.
The following are the top online casino games with the highest house edge:
- Wheel of Fortune – House edge from 24%
- Keno – House edge from 15%
- Pokies – House edge from 3-10%
- Sic Bo – House edge from 2.78%
- PaiGow Poker – House edge from 2.5%
- Casino War – House edge from 2.42%
- Craps – House edge from 1.4%
- Roulette – house edge from 1.35%
- Baccarat – House edge from 1.06%
- Blackjack – House Edge from 0.72%
Although it can vary from game to game, Pokies are known to have one of the highest house edge. Nevertheless, online pokies have a lower house edge than physical machines, with the best games boasting a house edge of as little as 3%. These games continue to be so popular (particularly online) due to the number and variety available and the sheer enjoyment of playing them. There is no requirement for skill or prior experience, and sites offer various bonuses, promotions, and rewards that help make playing more worthwhile. The only way to improve your odds is to wager more significant amounts, which increases your chances of winning—though you should never wager more than you can afford to lose.
Online Casino Games with the Lowest House Edge
While it is possible to reduce a casino’s house edge through effective strategy, it is safer to simply play the games with the lowest house edge available. According to statistical analysis, playing the lowest house edge games increase your chances of winning money.
The following are top online casino games with the lowest house edge:
- Blackjack – House Edge from 0.72%
- Baccarat – House Edge from 1.06%
- Roulette – House Edge from 1.35%
- Craps – House Edge from 1.4% to 5%
- Three Card Poker – House Edge from 1.5%
- PaiGow Poker – House Edge from 2.5%
- Caribbean Stud Poker – House Edge from 5%
- Backgammon – House Edge from 6.39% to 4.82%
- Pokies – House Edge From 3% to 10%
- Keno – House edge from 15%
As far as chance games go, blackjack has one of the lowest house edges, and while this card game is largely determined by luck, a skilled player can significantly improve the odds. The basic rules are deceptively straightforward: when competing against the dealer, each player attempts to get as close to 21 as possible by adding up the value of their cards without exceeding that figure. However, different games may have unique rules that add complexity to the game and affect your chances of winning.