The last 10-20 years has seen a dramatic shift in how people choose to access casinos. If you told somebody in the early 1990s, let alone in the 1950s, that casinos in the virtual domain would be incredibly popular in years to come, they probably would’ve laughed at you!.
But now look where we are. But which form of casino is going to win you the most money? Which has better winning odds out of online and land-based casinos? Stay with us as we find out or play the best games today.
Online casinos takeover of land-based casinos
The first online casino was developed by Microgaming all the way back in 1994. Back then, no-one really knew if it was going to take off or not, but now, 26 years down the line, online casino is all the rage. Nobody expected it, but now it’s part of who we are.
With the ever-growing popularity of smartphones, people can take their slots, blackjack, roulette and more with them on the go, so there’s no need to head to a physical location anymore to play casino games. Sure, the land-based casino has its charms that cannot be beaten online, but it has strong competition nowadays.
How to calculate whether online or land-based casinos have better winning odds
There are lots of variables that come into play to deciding the odds of a casino game, incredibly complicated mathematics have to go into it! However, there is one figure that gives us a very good idea as to how fair a casino game is, and every casino game has one.
It’s called the Return to Player rate, or RTP for short. This figure refers to the amount of a player’s stake they can expect to receive back over the course of £1,000,000 in stakes. For example, if the RTP is 96%, a player could expect to receive £960,000.
Which has better RTPs? Online or land-based casinos?
With non-mechanical games such as blackjack and craps, it’s hard to say. However, we can make a solid comparison between slot games, something that is mechanical both virtually or physically.
Slot games in casinos tend to have an RTP around the 70% mark. That’s pretty low when we compare it to online slots, where the average is 96% and can be all the way up to 99%, such as in the case of the epic NetEnt slot game Mega Joker.
So, based on this comparison, we can seethe online casinos have better winning odds than those of the land.
Last thoughts on online and land-based casinos winning odds
While it cannot be said that all online casino games have better odds than those of their land-based counterparts, it’s acceptable to say that this is the case most of the time. While the land-based casino is fun like no other, you cannot expect to win tonnes of money from them unless you have a heck of a lot of luck!