European Roulette House Edge and RTP.

Browse By

Whenever you are thinking about playing any European Roulette game. You have to first find out the house edge and the return to player percentage of that casino game. These two factors will tell you how risky and profitable. That casino game is Return to player tells you what percentage of your betting money you should get back. If you play a casino game for a long duration.

Since the casino has to make a profit to stay in business, the casino games have been designed so that the casino has the edge over the players. House edge is the advantage that the casino has over the players UFABET 

The house edge is the opposite of the return to player or RTP because it is how much the casino will make if you play for a long duration. For instance, if the RTP is 90%, the house edge will be 10%.

You will notice that the payouts of bets imply that you have a higher than actual chance of winning. For example, your chances of winning a bet on red or black are 48.64%, but the payout of 1:1 implies that you have a 50:50 chance of winning the bet.

Let us take one more example to show how roulette works.

The payout for a dozen bet implies that you have a 1 in 3 chance of winning the bet. However, your actual chances of winning the bet are lower than that because of the presence of 0 on the roulette wheel. Your actual chances of winning the bet are 32.43% instead of 33.33%. This is what gives the house an edge over you and allows the casino to make a profit.

You don’t have to remember the probability of winning each bet because European roulette has a house edge of 2.7% for all bets. If we take out the house edge, we will get the RTP of 97.3%, which is what you should get after playing for a long duration.

In short, European roulette has one of the highest RTPs and lowest house edges and it is a casino game that you should certainly try.