New Zealand players who want to win big should know all about casino house edge. This short review will show you why and how casino players can use house edge to improve their gaming experience.
What is a house edge?
Most players at New Zealand’s online casinos know that as the saying goes, “The House Always Wins”. This means that the casino has an advantage called the house edge, which is sometimes referred to as the House Advantage.
The casino house edge is a percentage amount that the casino takes as a profit margin on any bet placed.
For example, if a player bets $100 in a game with a 2% casino house edge, that means the casino takes a profit margin of $2. The average amount of a casino’s house edge would be around 1.5-5%.
While every casino game has a house edge, the opposite value is the RTP (Return to Player).
RTP is the amount of money that players might get back on the amount originally bet. In the example above, if a player bets $100 on a game which has an RTP of 97.5%, then that means the player will get $97.50 back upon landing a win, while the house edge would be at 2.5%.
10 casino games with the lowest house edge in New Zealand
When it comes to the best house edge, you need to remember two things. Firstly, a lower house edge means higher payouts for players.
As a player in New Zealand, you also need to remember that different online casino games offer a different casino house edge.
Since our goal is to help you increase your chance at winning, here is a list of some of the best house edge you can find in New Zealand’s online casinos‘ most popular games:
| Game | House Edge % |
|---|---|
| Blackjack (Single Deck) | 0.17 – 1.0% |
| Craps | 1.4% – 5.0% |
| Baccarat | 1.5% |
| French Roulette | 1.35 – 2.70% |
| Pokies | 2.0% – 10.0% |
| Texas Hold’Em | 2.19% |
| European Roulette | 2.70% |
| Three-card Poker | 3.37% |
| Caribbean Stud Poker | 5.22% |
| American Roulette | 5.26% |
Do you think you can beat the house edge?
Casinos in New Zealand need a house edge so they could have a profit margin on winnings. For most players, this is seen as a ticket price for playing these games.
On the other hand, players who know how house edge works can make wagering decisions based on this knowledge. After all, casino games with a lower house edge have better odds of accumulating winnings.
Players who understand house edge thanks to clear information get to pick and choose the games they play themselves.
Next time you visit your favourite online casino in New Zealand, be sure to claim a fantastic bonus, and test out different games for their house edge!