Games of chance have much appeal: they are fun, they are a great way to meet new people or spend time with old friends, they are relaxing, they are glamorous; there is a great thrill when you win, and they can be a significant source of income if you are skillful.
If you belong to a group of people who see gambling as a very entertaining and thrilling way to earn money, you know how important it is to do your homework and prepare before you begin.
Apart from luck, winning needs great skill, especially if you are in it first and foremost because of profit; you should start by making sure you choose a path that will bring you the biggest one. Here are a couple of things to consider to be sure you’re on the right path to success.
The house always wins
When you gamble, it is a competition between you and the casino. And, it is said that the house, a.k.a. the casino, will always win. The odds are from the start in their favor because they have a business to run, staff to pay, and, generally, profit to make as entrepreneurship.
This is something you need to make peace with if you enjoy gambling, but that does not mean winning is impossible. You should have higher chances for profit if you check out the House Edge and the Return To Player (RTP) when choosing a game to play.
The House Edge is a percentage of return to the casino over time. It is actually the casino profit margin. This is usually a rather low number because many games are played in a casino on a daily basis, so the profit is still assured. Certainly, a player should still choose a game with as low House Edge as possible.
The opposite of the House Edge is the RTP. It indicates the expected return percentage to the player if a game is played in the long run. For instance, playing on a slot machine that has an RTP of 95% means you should expect that for every $100 you spend, you would lose $5 on average. So, look for a higher RTP to make your profit grow.
Bonuses, wagers, and other treats
Now that you know you should look for the House Edge when searching for a higher profit game, you should also know that the House Edge does not have to be set in stone because there are casino offers that can reduce it or make it higher.
Casino bonuses are incentives that are used to make things interesting for new patrons and also as a way to keep the old ones. They often make the House Edge even lower. But when it comes to bonuses, never forget to check Terms & Conditions to ensure you are on the safe side and calculate your profit correctly rather than losing a lot.
Bonuses usually come paired with some clearly defined wagering requirements, so make sure to check them out as well, again to be certain is the House Edge really lower than it would be without the bonuses.
But don’t think that bonuses are there just to make you believe your chances to win money are higher when they’re actually not. Bonuses and wagers are great as long as you come prepared and read carefully. After all, many will recommend that you choose an online casino rather than a brick-and-mortar one, precisely because the online ones have great bonuses. And they have a lower House Edge by definition as well.
The most profitable games
So which games have the best RTP? Traditionally, slots are among the most profitable ones. They usually have high RTPs as they depend on them to turn profits. Their RTPs are very different from one slot machine to another, so make sure you check it out in advance. It should be at least 96 %, though.
Baccarat and Blackjack are also at the top of the list of profitable games. You will indeed need the luck to win here, but you will have a very low House Edge on your side in both games. This, combined with high minimum bets, should make your chances of winning serious cash very high.
When you gamble, you will for sure need some luck. Unfortunately, there is no way to know if and when it is going to be on your side. But it is definitely up to you to take all the other matters into your hands to make sure you get the highest possible profit.