House Odds and RTP: How Important are Odds Percentages in Casino Gaming?

House Odds and RTPBy Sadonna Price.

Whether you are a fan of blackjack, pokies, roulette, poker, or other casino options, the odds are typically stacked against the player. Most people enjoy such games for fun, but for some, utilizing strategy and odds are key components to securing a win. Are you one of those players? Do you review the odds and return to player percentages to give yourself a leg up?

If not, you can easily start and use the information provided to your advantage. Learning more about house odds and return-to-player percentages (RTP) can help you locate games that shift the balance toward the player rather than the online casino. With a little know-how, you can play games that give you an advantage and hopefully secure a few wins during your gaming session.

Understanding House Odds

The house odds refer to the percentage in which the house always wins. With games like blackjack, you can easily find options with 0.5% or lower house odds.1)EDITOR NOTE: Of course, this assumes the player is playing perfect blackjack basic strategy.  Check the blackjack rule variations page for more information. Games with this lower percentage give you high chance of having a winning session. Of course, this is just a statistic and does not guarantee a win, but the better the house odds in favor of the player, the more likely you are to win.

By selecting only games with a lower house edge, you give yourself a better chance of earning a prize during your gaming session. Single Deck Blackjack2)EDITOR NOTE: “Single Deck Blackjack” link https://casino.betmgm.com/en/blog/how-to-beat-the-house-with-single-deck-blackjack-strategy/ removed – no longer available. typically can have a 0.5% or less house edge3)EDITOR NOTE: Single deck blackjack can have a house edge of under 0.5% but only if blackjacks pay 3 to 2.  Unfortunately, most, if not all, casinos now pay 6 to 5 on blackjacks in single deck., which helps lean the odds in your favor. Consider playing this game or searching for other options with better odds before you begin playing.  It’s best to review the info section of a blackjack game you are interested in and locate the odds percentage. Some games with a much higher house edge may pull away from your odds of winning.

What is the Return to Player Percentage?

The return to player percentage (RTP) is the percentage at which you can earn a win from a game based on mathematical statistics. Most game developers will list a percentage for pokies, also known as slots, and card or table games.

Once you start playing pokies online, review the game information for a few seconds. Select the info section and open the paytable or game rules. Here are the RTP details. Games with an RTP of 96% or higher are what you want to play.

This means that you will see a return on your investment most of the time. You can also take the information one step further and look for game volatility. Titles with a higher RTP and low volatility will pay out more frequently, though the prizes will be smaller.

Games with higher volatility will provide larger payouts, but wins will be less frequent. With this information, you can spin the reels of pokies or play card games that will give you the upper hand with a higher percentage and win type.

Consider what you want from the gaming session as you review the RTP and volatility. Find games that feature the win rates you are looking for, and hopefully, you will see a return on your investment.

Put the Statistics to Work For You

By understanding and utilizing house odds and return to player percentages, you put the statistics to work for you. Taking a little time before you play a game to review this information ensures you have better odds of winning and can continue to build a larger bankroll for longer gaming sessions!

IMAGE CREDIT: Microsoft AI Copilot

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Footnotes

Footnotes
↑1EDITOR NOTE: Of course, this assumes the player is playing perfect blackjack basic strategy.  Check the blackjack rule variations page for more information.
↑2EDITOR NOTE: “Single Deck Blackjack” link https://casino.betmgm.com/en/blog/how-to-beat-the-house-with-single-deck-blackjack-strategy/ removed – no longer available.
↑3EDITOR NOTE: Single deck blackjack can have a house edge of under 0.5% but only if blackjacks pay 3 to 2.  Unfortunately, most, if not all, casinos now pay 6 to 5 on blackjacks in single deck.

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