Cryptocurrency has swept the world of finance like a tidal wave. Not only is the average Joe more likely to invest in crypto, but so are big name financers, investors, and brokers. On top of that, businesses are now embracing cryptocurrency with open arms. Places like Whole Foods, Home Depot, Abercrombie and Fitch, etc., have all begun accepting crypto-based payment methods. It is safe to say that we are in the early stages of what could be described as a “crypto revolution.”
Before all of these mainstream businesses hopped on the bandwagon, online casinos were the first and only companies to embrace crypto.
So popular was the idea of wagering with cryptocurrency, that we saw the rise of the “crypto casino.” Since then, crypto gambling has continued to grow in popularity.
In this article, we explain how crypto casinos work, and what games to be on the lookout for.
What are Crypto Casinos?
Crypto casinos are exactly what they sound like; online gambling websites where you can wager using cryptocurrency. For the most part, these websites operate on nothing but crypto. From Bitcoin to Dogecoin, and much more, you can gamble using most of your favorite digital currencies.
One reason for the popularity of crypto casinos is the relatively low house edges that some of the games provide. But, what is a house edge? And how can you find games with low house edges? Are there games that have a 1% house edge or less? Let’s find out.
What is a House Edge?
The house edge is a percentage that explains the advantage that the casino has when you play at their website. Many people misunderstand the house edge, and think of it as “rigging.”
However, there is a distinct difference, in that the house edges are often very low, and don’t contribute to winning or losing at the game. Instead, the casino advantage percentage simply describes, numerically, the edge that the casino holds over the clients.
There are plenty of games with incredibly low house edges. Blackjack, for example, is a very notable one, that you’ve likely heard of.
Another is Plinko, a crypto casino original game that can be quite fun to enjoy. You can read more about Plinko on Stakefans.com, but we will also go a bit further into detail later on in this article.
Now that you understand the house edge, as well as what crypto casinos are, it is time we talk about some games that have a low house edge. Stick around if you are interested in the crypto games with 99% payout rates.
Crypto Slots Could Have the Option
Slot games are, by far, the most popular game at online casinos. Not just that, but the slot is likely the most popular gambling game, period.
The history of the slot is a fascinating one, but we haven’t got the time to delve deep into it. Let us just say that there is a reason why they dominate the Las Vegas casino market.
But, are they advantageous to players. The truth of the matter is that most online slots have between a 4% – 8% house edge. Some even go as high as 10% – 15%.
Certainly, that is not something most gamblers are looking for, and would prefer to avoid. However, there are a few slot games that feature a 99% payout rate, as well as an adjustable RTP.
When visiting a casino, it is imperative to look for high-RTP slots. Why? Because the RTP is, essentially, the opposite of a house edge.
The RTP percentage measures how much the slot game pays out in the long run. 99% RTP slot games are rare, but they do exist. Finding them is always like spotting a double rainbow.
On the other hand, there are slots with adjustable RTPs. There are quite a few pros and cons of adjustable RTPs, but we don’t have the time to list them now.
Let us just say that you can, in certain slots, adjust your RTP to 99%, making these games 1% house edge crypto slots.
Plinko at Stake
The game is separated into multiple fields or rows, and the player simply needs to choose between these rows. Then, once the game adjusts, the prizes start dropping and you get your hands on your prize.
At Stake, the Plinko Crypto game has a house edge that varies between 96% and 99%. Meaning, that Plinko is technically a 1% house edge crypto game. If it sounds like fun, we recommend giving it a try. You might just discover your new favorite casino game.
However, we would also recommend you read up about it first, see how it works, and maybe test out a free demo, before you wager any real money. Just to see if the game is, indeed, for you.
By doing this, you can avoid many of the risks associated with problem gambling and ensure your online experience is safe and fun.
Blackjack has a Low House Edge
Finally, it is time we discuss blackjack. One of the most popular games at any casino, and certainly the most popular card game, blackjack is a favorite for many gamblers, whether online or offline.
A lot of crypto casinos feature blackjack, and many regular online casinos also let you place crypto-based deposits while playing the game. But, what makes blackjack so popular?
One of the reasons behind the game’s success is the low house edge. Indeed, blackjack often has a house edge between 1.5% and 2.5%. Not to mention, a savvy player could make use of some notable blackjack betting strategies and increase their chances even further.
We should warn you that, one of the most popular blackjack strategies, card counting is almost impossible to pull off online. While a software could be useful, it is highly illegal. Even at live dealer casinos, where you could use the old strategies, counting cards is likely to get you banned.
Q: Are there any casino games with no house edge?
A: Blackjack and video poker are two popular games at online casinos known for their low house edge, which is about 0.5%. If you’re looking for casino games where the odds are more in your favor, these games are your best bet. They give you a good chance to win over the long term. This information is accurate as of May 18, 2022.
Q: Which table game has the highest house edge?
A: House edge, the advantage the casino has in a game, varies widely among different casino games. Blackjack has one of the lowest house edges, while keno, on the other hand, has one of the highest.
Q: Which game has lowest house edge?
A: Blackjack has one of the lowest house edges, ranging from 0.42% to 1.5%. It’s a relatively easy game to learn, and there are various strategies you can use to increase your chances of winning.