The casino always has the edge. Why? Because the odds are always on their side. This was done to ensure that the casino is sure to make money in the long run, even if the player wins some money in the short term. If you think this is unfair then think again. Casino is a business that does not want to work at a loss.
If you want to have the highest chance of winning at a casino, you need to check the house edge for each specific game. To find out how big the house edge is, you need to know about RTP and rake. Today we will talk about these 2 concepts in simple words.
What is RTP?
RTP stands for Return to Player. This is a certain percentage showing how much of the money wagered in the game will be returned to the player over time. This is a long-term average, so individual sessions can vary quite a bit from the advertised RTP. For example, a game with an RTP of 99% will return an average of 99 euros for every 100 euros wagered, and a game with 96% will return an average of 96 euros for every 100 euros wagered.
Slot games usually have a higher RTP than table games. The fact is that the result of each spin in the slot is determined by the generation of random numbers, which means that the casino cannot control the result of the spin in any way.
Are there such things as good or bad RTP? Hmmm… no, we don’t think there are such things, because the theoretical return varies from game to game. However, most slots have an RTP between 92% and 98%, and most table games have an RTP between 88% and 96%. We advise you to choose slots with 96%+ RTP and table games with 94%+ RTP.
To find games with good returns, play only at licensed casinos that offer certified games. Among the casinos with the highest quality games, we highlight:
What is Rake?
“Rake” is how a poker room or casino makes money by providing poker games. Without it, poker rooms and casinos will not be able to profit from poker and will eventually go bankrupt.
It is a small percentage of the bank that takes the casino or poker room for profit. The rake is usually a percentage of the pot, but can also be a set amount per hand or per hour.
The rake for most poker games is between 2.5% and 5%. 3% is the most common. For example, in a $20 pot, the casino will earn $0.60 if the rake is 3%. But the rake is usually capped at a certain amount per pot so that the casino doesn’t make too much money on any given hand.
Rake is the reason poker players can’t just sit at the table and wait for a big hand. If they just sit back and wait, the rake will eat up all their profits.
The RTP is how much the casino game will return to the player in the long run. The RTP for slot machines is usually higher since these are games based on absolute randomness. Rake is how a poker room or casino makes money by providing poker games. Often it is a fixed percentage but it is usually limited to a certain amount per pot so that the casino does not make too much money on any given hand.
The next time you play a slot, poker or other casino game and the pot starts to grow, remember that the house will get a share no matter who, when and how much wins. Look for the most favorable conditions for yourself and don’t be upset because of the existence of such a thing as RTP or rake – without them there would be no game!