What’s a casino edge?

It’s no secret that casinos make money. But how do they make money on casino games, and how can you give yourself the best chance of winning money?

Each casino game has a built-in edge to the benefit of the casino. The edge is the difference between the actual odds and the odds that the casino pays you when you win.

Here’s a simple example. Let’s look at a standard dice with six numbers. The actual percentage chance of rolling a six is 16.7%.   

But if a casino paid the real odds out on something happening, they wouldn’t make any money in the long term. In the above example, rolling a six might be paid out at lower odds of 9/2, rather than the genuine odds of 5/1. 

Therefore, the edge to the casino would be 1.5%. The maths is here: 9/2 = 18.2% and 5/1 = 16.7%. So 18.2-16.7 = 1.5.

The best chance of winning at an online casino is to focus on casino games with a low house edge. Look for games with the highest Return to Player (RTP) percentage. For example, a game with an RTP of 97% means the casino has a 3% edge.

Crypto casinos often have higher RTPs than traditional casinos as they can pass on saved payment costs to players with lower house edges. 

Blackjack, craps, baccarat, and many slot games can have edges as low as 0.5%-1.5%. And you can even find Provably Fair games with edges of less than 0.5% – start searching!

Why play casino games at a crypto casino?

Here are four reasons you should switch from old-style casinos to new crypto casinos. 

Blockchain technology – more secure, transparent and faster than traditional technologies, the blockchain will revolutionise online casino games and gambling. 

Provably Fair games – trust without a doubt that the casino games you play are fair and random and cannot be manipulated or cheated in any way. 

Smart contracts – using blockchains like Ethereum, EPS and Solana, smart contracts are programs stored on a blockchain that run when predetermined conditions are met and can be used to automate the execution of contracts. Smart contracts make bet settlement faster and eliminate mistakes. 

Faster withdrawals – While some cryptos suffer from slow network speeds, the worst culprits are still almost certainly quicker than traditional payment methods. Withdrawing from crypto casinos can be instant with Bitcoin Cash and Ripple, while others like Bitcoin and Ethereum might take a few minutes. As network speeds improve, instant withdrawals will become the standard.

How to play at crypto casinos

The easiest way to get started is to choose a crypto casino from our site, follow the sign-up link, and create your account.

You do not need to deposit to sign up, although you may miss out on welcome offers. Feel free to check out the casino – most sites let you play many games for free or for play money so that you can get a feel for the casino and its offerings.

And when you feel comfortable, you can make your first deposit and claim your welcome offer! 

Depositing with Bitcoin or other cryptocurrencies is no different than using fiat currencies. If you don’t have any crypto, some casinos even let you buy some through them.