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The House Edge
What can you learn from our casino guides?
Our online casino guides provide a variety of information to help you navigate the online casino world with the utmost ease.
The Indian online casino market is forever changing, bringing new trends and new operators to the scene.
If you’re looking to play online, it is important to stay up to date and to learn all the tricks to recognize reliable online casinos that give you the best possible value!
TABLE OF CONTENTS
- Casino Terminology
- Tips and Tricks to Improve your Game
- Best Practices to Manage Your Bankroll
- Wagering Requirements
- RNG Computer
- Learn About the House Edge
- Discover High Roller Casinos
- Manage Your Account
- The Importance of a Casino License
1. Learn the proper casino terminology
New to online casinos!? Then let us introduce you to online casino terminology!
Terms like wagering requirements, volatility and RTP, weigh heavily when you’re playing for real money.
Below we have included the most important terms that should help you navigate your first online casino with ease!
|Most used terms||What does it mean?|
|Bankroll||The money you have in your player’s account|
|Bonus Bet||The maximum bet you are allowed to place while using a bonus|
|Bonus Funds||Funds from a casino bonus, which need to be wagered before they’re converted into withdrawable cash|
|Bonus Spins||Free rounds on an online slot awarded by the casino as part of a promotion|
|Cash Funds||Funds you deposit or win and which you can instantly withdraw|
|Conversion Limit||The maximum value you can win while playing with a casino bonus|
|Eligible Games||Games you are allowed to play with a bonus|
|Match Bonus||A bonus that matches your deposit value by a percentage|
|House Edge||The advantage the casino has in every game over the player. This percentage is calculated over many rounds.|
|Prize Drop||A casino promotion or in-game feature that awards a random reward|
|Reload Bonus||A regular bonus offered to existing players|
|RTP||Return To Player percentage. This calculates, over the long term, how much you’re expected to win from a game.|
|Wagering Requirements||The number of times you need to wager a bonus before it is converted into withdrawable cash.|
|Wager-free Spins||No wagering free spins.|
|Game Weighting/Contribution||A game’s contribution to the wagering requirements. Online slots often contribute 100%, table games and live dealer games often contribute from 0-20% only.|
|Self-exclusion||A Responsible Gambling option that enables you to exclude yourself from online casinos for a period of time or permanently.|
2. Tips and Tricks to improve your casino experience
To help you make the most of your gaming experience, we’re going to share some tips and tricks that add experience and knowledge to your overall journey.
Knowledge, after all, is the key to putting together an effective strategy that delivers more positive rewards as opposed to disappointing outcomes.
- Read out reviews
Our casino reviews cover every corner and leave no stone unturned. We make it our business to highlight the pros and cons so that players can make an informed choice.
We explore the games on offer, available promotions, deposit and withdrawal procedures, license and safety, customer care, and responsible gambling.
Our team of experts work hard to provide all our visitors with an honest insight into all online casinos featured on Indiacasinos.
2. Watch streamers play
Watching the pros dive right into the action can provide you with enough experience to start your own journey on solid feet.
Streamers provide you with a firsthand preview of the game or casino, together with strategies and techniques only expert players have mastered.
On Facebook Gaming and Twitch, you will find plenty of dedicated streamers trying out various casino games and sharing their own personal experiences online.
3. Learn rules and strategies
Don’t engage in an unfamiliar game just yet! To have a successful experience, read up, discover the rules that power the game and the strategies that work the best.
Online slots are fairly easy to play, but table games like Roulette, Blackjack or Baccarat are slightly more complicated.
Knowing the rules can help you take advantage of the relatively low house edge that governs these games, making them a favourite amongst regular players.
4. Practice playing for free
Most online casinos allow you to play most of their games for free, either through the use of a bonus or else by opting for the demo mode that accompanies most computerized games.
Playing the demo mode is a great way to get used to the game and practice your strategy without spending a dime.
This is a relatively risk-free option and the perfect way to learn without losing any of your hard-earned cash!
3. Best Practices to Manage Your Bankroll
The moment you choose to play with an online casino, it becomes important to decide how much you’re comfortable spending. Planning ahead will help you stick to your budget and stop you from overspending.
Once you have a plan in place, stick to it! Online casinos offer a variety of betting options, allowing players to bet as little or as much as they want to.
If you’re not sure you can stick to your plan, responsible gambling programs run by casinos provide management tools like deposit limits and loss limits, to help you manage your finances as you play.
4. Wagering requirements
All bonus offers are meant to be attractive to players, however, don’t opt-in to anything unless you have read the terms and conditions.
Unless it is a wager-free offer, most bonuses are tagged by significant wagering requirements, that can range from x5 to x60 or even higher.
This figure will determine how many of your winnings you’ll have left when you’ve completed the requirements.
In order to help you understand how wagering requirements work we’re going to make an example: let us say we have a deposit match bonus of up to INR 12,000 that comes with wagering conditions of x35. That means that you have to wager INR 12,000 x 35, for a total of INR 140,000, before you can withdraw any winnings.
Our advice is to opt for offers with low wagering requirements, or even better, no wagering requirements at all.
These might be rare, however, don’t get discouraged. Check out our no wagering bonus page for the best no wagering promotions in India!
5. RNG Computer – How does it work?
RNG or Random Number Generator computer is the algorithm that powers most online casino games.
It is programmed to make use of a seed number that is random and corresponds with an outcome in the game.
The RNG never stops working, even when no one is playing and keeps producing a random result every millisecond. When you spin the reels, the outcome will correspond with the result of that millisecond.
This method keeps the games safe and fair, as no one can mess with the algorithm.
6. Learn About the House Edge
All casino games have a house edge. This is the advantage of the house over the player and its main purpose is to earn the casino a profit.
Having said that, the house edge is usually a very small percentage, particularly for certain games like Blackjack and Baccarat, where it is around 1%.
Slots have the highest house edge around, with 4% as the main threshold but with a lower or higher percentage possible.
The house edge is usually the opposite of the RTP or Return To Player percentage. A slot with an RTP of 96%, usually has a house edge of 4%.
While these numbers help you map out your expectations, you need to keep in mind that they are calculated over thousands of rounds. This means that sometimes you will win more and other times you lose more.
7. Discover High Roller Casinos
Most online casinos welcome all kinds of players, whether they like to bet big or small. However, some online gambling platforms are more suitable for high roller players.
This is often true of online casinos that run promotions and reward programmes aimed at players who enjoy playing with high stakes.
If you’re in search of a high roller casino, we recommend checking out our casino reviews. Here we highlight which casinos are best suited for budget players, and which ones are ideal for high rollers.
If you identify with the latter, keep in mind the importance of finding a casino that allows high deposits and withdrawals.
8. Manage Your Account
If you enjoy playing with multiple casinos, you need to create a user name and password for each one.
Since your casino account stores personal information it is important not to share your login details with anyone.
Healthy habits are also very important and casino responsible gambling programs usually provide you with a set of tools to manage your gambling and spending habits.
9. The Importance of a Casino License
A casino license represents safety and reliability. Although the Indian government does not regulate online casinos yet, it is important to choose a platform that is at least licensed in a reputable jurisdiction elsewhere.
Casinos with the best reputations are often regulated by the UK Gambling Commission or the Malta Gaming Authority.
Playing with an illegal operator comes with more than a few risks. There are many factors at play; their games could not be fair, the bonus terms are impossible, or even worse they can take off with your money!
To play it safe, we suggest reading our casino reviews for a platform that is safe, reliable and fair!