Casinos, House Edge, and Skill

The Casinos in Las Vegas are not all the same. Some offer lower house advantage than others, some offer better bonuses than others, and some offer decidedly lower jackpot payouts than others. And while it is often said that “you get what you pay for,” the same can certainly be true of casino games with higher house advantage, like slots.


You may have heard that slots are easy, but that doesn’t mean they have low house advantage. The Truth is, slots are one of the most difficult casino games to play. But, there is a solution to the difficulty: the house edge. The Truth is, the House Edge is what causes slot players to lose more frequently. If you walk in a casino and cannot remember the basic details of this brief article, bear in mind that you actually have the highest probability of losing at a single table game. They can be much scarier than slot games, yet they often work out much better for your pocketbook.

Slots and other casino games that have a straight-line jackpot pay schedule have a high house advantage. This means that, for every 100 hands of poker played at the average casino, the casino is assuming one point in the pot. When you add up the theoretical odds against you, it comes out to 2.2 million to one. You can imagine the number of hands that occur in any single hour at an average casino.

There are two types of casinos that offer guaranteed winning machines. Casinos that use random number generators (RNG) in their machines are guaranteed to come up with the same numbers each time. These are the fast track and the non-speed track casinos. The non-speed track is more difficult to win at because it takes longer for random numbers to be generated. It is my recommendation that you stick with gambling games on the slower tracks where the machines are chosen at random.

One of the most important factors to consider when playing slots or any other casino games, is the house edge. The term “house edge” is a misnomer. What the meaning is: what percentage of your slot winnings do you have to pay to the casino before you break even? In practical terms, the higher the house edge, the more you will lose. In my experience, the higher the house edge is, the less likely it is that you will walk away with a profit. Casinos with lower house edges are a lot more likely to walk away with a profit.

One last thing that should be brought up is that house advantages are only one factor in the equation. I would also like to mention that there is often a skill component as well. I would not discount the importance of skill in this equation. However, if your math skills are poor or lack, you should not assume that you will beat the house on purpose. Rather, play games with reasonable skill levels and you may find yourself in a better position.