Wondering what you can do to win more money while playing online casino games? You're not alone. Every year, thousands of gamblers flock to the Internet in search of casino-winning tips.
Do these tips work? In most cases, they don’t. So, what can you do to become a more profitable gambler? Learn the factors that influence winning and losing in casino games.
Factors To Consider For Profitability Of Online Casino Games:
#1: House Edge
Casinos have a statistical advantage in nearly every game, from slots and blackjack to craps and roulette. The house edge varies from one game to another, which is why it’s essential to pick games with the lowest house edge.
Blackjack has an incredibly low house edge of 1%, making it a great game to play. European roulette has a 2.7% house advantage. And that means it’s better than the American roulette version whose casino edge stands at 5.2%
With roulette, the house edge is 1.41% for pass bets and 1.36% for don’t bets. A good professional craps player can lower this house advantage by using different strategies.
That can also be said about other games. For example, using ‘La Partage’ and ‘En Prison’ rules in French roulette can lower the game’s house edge from 2.7% to 1.35%. In blackjack, using the basic blackjack strategy can reduce the casino advantage by 0.5%.
#2: Return to Player (RTP)
Put simply, Return to Player is the opposite of casino edge. It shows you the expected amount of money a game should pay out to winners in the long range. Although a high RTP doesn’t mean you will always win a casino game, it increases your odds significantly.
Take slots as an example. Some video slots have a 97% RTP. Others average out at 90%. If you play these two games regularly, there’s a strong likelihood that the 97% RTP slot will earn you more money in the long run.
What are the best RTP casino games?
- Blackjack: 99%
- Slots: 95% to 99%
- Video poker: 95%to 99%
- Craps: 99.5%
- European Roulette: 97.8%
Because RTP is directly related to the house edge, you can consider either factor when choosing a game. A case in point: many slots show you the RTP and not the house edge. But it doesn’t make any difference, anyways.
#3: Hit Frequency (Variance)
In Las Vegas, it’s not uncommon for gamblers to ask their players which slots are hot at the moment. “Hotness” usually refers to a game’s frequency of paying out money. The opposite is a “cold slot.”
In the online casino space, most players use the word variance when talking about the hotness or coldness of a game. A low variance slot pays out regularly albeit in small amounts. A high-volatility game has a lot of dry spells. But when you hit a winning combination, the payout is usually good.
Variance/volatility is an important consideration when selecting slot machines. Each game has a publicly-known variance. Select games whose variance aligns with your expectations.
Pick a low-volatility slot if your strategy is to win small amounts lots of times. If you’re a risk-taker, though, choose a high-variance game.
#4: Betting Limits
It goes without saying that the amount of money you bet on a game has an impact on your profits. Let’s say you bet $10 on a roulette straight bet. The payout is 35 to 1, meaning you will get paid $350 for a correct prediction. If you wager $100 on the same game, a winning bet will return $3500.
Does this mean should you bet high amounts of money? The short answer is that it depends. Consider your budget. Can you afford to gamble $100 on a game of chance? Spend an amount of money that won't impact your financial well-being.
If you want to maximize your profits despite having a small budget, play a few times. Let’s say you have $200 to spend for a month. You can decide to gamble every two weeks.
In doing this, you will have a $100 bankroll for every night you bet. With a $100 bet, you can place high-roller bets on slots and card games. And if you're lucky, you can win a lot more than someone who bets small amounts of cash.
#5: Game Features
Modern casino games have features that often make it easier to win. Take a video slot with wilds, scatters, and multipliers. All these features appear in the game regularly.
If you hit a scatter symbol, it might trigger free spins. Alternatively, it can activate a bonus round with jackpots, more free spins, and multipliers. Wilds replace all symbols on the reels to improve your chances of winning. On the other hand, multipliers magnify your profits.
When it comes to table games, some features and rules can also impact your profitability. An example is lightning roulette. This game has a feature that highlights random numbers with multipliers worth up to 500 times.
That means if you bet on the number 15 and it gets highlighted with an x500 multiplier, you will win 500x your stake. Without this feature, lighting roulette pays 30:1 for regular single-number bets.
#6: Game Rules and Strategies
Many table games have variants. The difference between variants and the original game usually comes down to rules. Take Blackjack Switch. This version has a rule that lets you switch cards to increase your chances of hitting a natural blackjack.
In poker, Texas Hold'em rules allow you to risk all your money at any point in the game. By comparison, Omaha limits the maximum you can bet to the pot limit.
Beyond rules, game strategies also play a role in determining the amount of money you can make in a game. Use a good blackjack strategy and you could start winning consistently.
Use the wrong strategies and you could lose a month's worth of bankroll in one night. The bottom line: choose strategies carefully. Experts recommend that you test out a system using free-to-play games thoroughly. If it works, then consider using it to play real money games.