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An Overview of Payouts in Table Games

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An Overview of Payouts in Table Games

An Overview of Payouts in Table Games

Mon Dec 28 2020 02:00:00 GMT+0000 (Coordinated Universal Time)

Table games have always been a staple in land-based casinos, and online casinos are no different. Live casinos have a huge market worldwide and are enjoyed by players who want to experience the interactive aspect offered by land casinos in the comfort of their own homes. Table games are timeless, not only because they are enjoyable for most players, but also because the payouts could be rewarding.

Payouts in live table games are, for the most part, based on luck. Players should know, however, that different kinds of table games can vary in odds and payout percentages. Even different variations of table games that require certain skills can offer some advantage to players that know how to strategize. 

The House Edge

The House Edge is a very important term when it comes to studying payouts in table games. Live casinos are a successful enterprise, so it is understandable that they have an implied advantage over players in games. This advantage is called the ‘house edge’. It is the percentage of a player’s original bet that goes to the casino. This is primarily how casinos make money. It is important to keep in mind that the house edge represents the casino’s net profit. The higher the amount that gamblers wager and the more time they spend playing, the higher the house edge. 


Even though it’s a known fact that live casinos have an advantage over players, there are several factors to keep in mind that can affect how high or low a house edge can be in one’s experience. 

Free Money

A lot of online casinos such as Bitcasino offer Welcome Bonuses or essentially free money. These promotional bonus offers can give additional money after players wager a certain amount, or even just after a player registers for the casino site. The free money rewarded to players can usually be used for live casino table games as well. This can allow players to extend their bets and stay in table games longer. 

Comp Points

Another promotional reward that most online casinos offer players are comp points. Comp points are also widely known as ‘loyalty points’. For instance, if you bet €10 on a table game, you can get 1 comp point. Once you accumulate a certain number of comp points, you can exchange them for casino chips. This method of lowering the house edge works best if you play regularly. 

Game Length

Playing one game for a long period of time is not advisable if you want to lower the house edge. The more time and bets you spend on a table game, the more the outcomes of your playing will be in favour of the casino. The way this plays out will largely depend on the kind of table game. 

Payouts per Game Type

No player gets into a table game with the thought of losing. Of course, there’s no way to fool the dealer. However, there are a few tricks to keep in mind when it comes to choosing the right table game that offers a smaller house edge or advantage for players. The following are examples of live casino table games that have lower house edges. 

Blackjack

Blackjack is a crowd favourite because it has the highest odds of winning. It’s also known to have one of the lowest house edges among all table games from 1% to as low as 0.17%. There are several factors as to why this holds true. 

The total number of possibilities and combinations you can get in a blackjack hand is huge. The outcome of the game solely depends on the hand a player manages to get. For instance, if a player gets a natural blackjack with an Ace and 10, that player can be paid out at odds 3:2. If the player can beat the dealer’s hand through hitting, the odds are at 1:1. 

The number of decks used can also affect the payout potential of the game. This is because the number of times cards are reshuffled can affect the likelihood of getting a good hand. Live dealers sometimes use brand new decks and reshuffle them, making it more difficult for players to keep up. The more decks are used, the higher the house edge is. The best conditions to join a game of blackjack would be if only one deck is used. 

Roulette

Roulette is another live table game that has a low house edge. Although it’s mostly luck that determines where the ball will land, there are several factors to take into consideration before placing a bet on this game. The most important factor is the variation of roulette you choose to play. 

In American roulette, there are two more pockets (0 and 00) compared to French or European roulette with only one 0 pocket. This means that in French or European roulette, the chances of a player’s number coming up to 37:1. 

Choosing French or European roulette puts players on a bigger advantage because the house edge for this roulette variant is only 2.70%. American roulette has a higher house edge of 5.26%. Players generally have a lower advantage for American roulette is because all bets lose if either of the two zeros come up. 

The kind of bet placed also affects your chances of paying out. If players place straight bets, the chances of winning are slim because there are 36 ways they can lose. Red/Black or Odd/Even bets have less risk. The payout potential for these kinds of bets are lower than straight bets, but there are equal chances of winning and losing. 

Craps

In craps, the house edge is extraordinarily low at 1.2% to 0.60%. The payout potential for this table game depends on the kind of bet being placed. Simpler line bets are more advisable for people who want a better chance at getting a payout. 

2s and 12s are the most difficult numbers to come up with, and the chances of winning with these numbers are as low as winning from a straight bet in roulette (36:1). 

5 and 9, however, are easier to come up with because there are four combinations that can result in those numbers. 6 and 8 have five possible combinations. Bets on number 7 have higher chances of winning at 6:1 because there are six possible combinations. Pass Line bets are the easiest to win for players. It can almost guarantee that every player gets a slight return.

Payouts: Beyond Chance and Circumstance

As you can see, there are a lot of ingredients that can affect one’s chances of scoring a payout in table games. However, they are all still games of chance. Tips to remember before getting into games can nudge fortune in your direction, and sometimes choosing the right table game and the right bet can put you in a favourable advantage. The trick isn’t to beat the dealers or beat fate, the trick is to strategize and choose wisely. 



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An Overview of Payouts in Table Games