Understanding Expected Value (EV)

 

When playing at a casino, whether it's CryptoGames or anywhere else, one element you'll want to understand more than any other is Expected Value (or "EV"). The simplest way to describe EV is to give you a rough idea of how much you'll win or lose over time. If you have a positive EV, you will come out on top and gain a profit, whereas a negative EV would suggest that the odds are not in your favor. Due to the house edge on games at casinos, most games will have a negative EV for players.

Every game at CryptoGames has a different house edge and this will mean that each game also has a different EV. Dice and Dice v2, for example only have a 1% house edge. What does this mean for you? In short, players keep more of their bets compared to other games. Blackjack, a fan favorite, has a slightly higher house edge at 1.253%, but with the right strategy, players can minimize their losses. Roulette, on the other hand, has a 2.7% house edge, making it a bit tougher to beat in the long run.

Other games come with their own odds. Slots at CryptoGames have a 1.97% house edge, while Video Poker games like Jacks or Better (2.11%) and Tens or Better (2.08%) are just a bit higher. Plinko is interesting because its house edge depends on the ball color, ranging from 1.52% to 1.84%. These numbers may seem small, but over thousands of bets, they can make a noticeable difference.

So, what does all this mean for you? Well, if you want the best odds, games like Dice, Keno, and Minesweeper (all with a 1% house edge) are solid choices. Lottery is a bit of a wild card since there’s no set house edge—it depends on how many people are playing and how the prize pool is split. In general, the lower the house edge, the closer you get to breaking even, making your money last longer.

At the end of the day, gambling is always a bit of a risk, but understanding EV can help you make smarter choices. If you focus on games with lower house edges and think about how EV affects your bets, you’ll be in a better position to manage your bankroll and enjoy the experience. Whether you’re rolling the dice, spinning the slots, or trying your luck at Blackjack, knowing how the odds work gives you an edge—at least as much as you can get in a casino!

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