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Always Hot is a very niche product that will only be enjoyed by those looking for something fulfilling its specific role – namely a very simple, old school game with no frills. Unfortunately low variance and a low RTP count this one out of a recommendation. There are also several other games that do a rather better job of this though.
Mathematical Advantage: The House Edge
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Although casinos might seem like glittering palaces where the everyman can achieve their dreams, they’re that by design, and they are primarily commercial businesses seeking to turn a profit above all else. Following that, there is a ‘house edge’ or security of profitability built into every game on the casino floor.
Casino’s, like any other successful business, want to track their profitability closely and have some certainty about the return of the money put into the game by players back to the casinos pocket. This is expressed as a percentage of return on each game and reflects an average amount that is returned to the casino from players’ bets.
While individual players may find success, taking a few bets that fall to the spin of the wheel or the turn of the cards, simple probability theory kicks in when enough bets are made. Essentially this means that the more bets that are made, the closer the house gets to their house edge average. Let’s take you to the roulette wheel for a little walkthrough.
Check out our list of the games with the lowest house edges for great games that reduce the house edge. Or, alternatively, read this page for a list of the sites that have the highest average RTP rate, if you want to play on a range of high-paying games.
Example: Roulette House Edge
The game of American roulette has a house edge of 5.26%. This means that on average, for each dollar that is wagered, 5.26 cents will end up back in the pocket of the house. It’s not a huge percentage but it’s enough to guarantee a profit.
The house edge isn’t apparent right away, which is why it’s smart to place a few bets and quit while you’re ahead. Place a dollar on black and you might win or lose a dollar. Place a dollar on black 100 times and you might be up $5 (+5%) or down $30 (-30%).
Make that same bet 100,000 times, and you’ll nearly always be losing to the house by around 5.26% (down $5,260, while the house is up). The more you bet the closer your loss equates to the house edge. That’s the mathematical advantage that casinos have that no amount of ‘luck’ can overcome.
Crunching the Numbers: Casino Profitability
When you put together all the house edge percentagesacross the games in a casino, you’re left with the profitability of the casino. No game is designed to reward the player more than it does the casino, so the profitability of the casino will always be in the positive.
As we established above, casino profitability increases and cranks up the longer a player places more wages and sits in the bettor’s seat. Here’s where another sneaky casino tactic comes in that bettors should be wary of – casino’s limit the players’ awareness of time through a lack of windows and clocks. Incredible!
We’ve put together a list of the techniques casino’s employ to keep players in the hot seat. While they can lead to a lot of money out of the bettor’s pockets, if you’re aware of the techniques you can reduce their effect on your betting sessions.
- Lack of clocks
- Lack of windows
- Free drinks
- Labyrinthine casino floors
- Gambling conducive carpets (really!)
- Stimulating lights and sound
- Playing with chips rather than money
- Subliminal messaging
While casinos will always have the advantage, the games range from slightly in the casinos’ favour to heavily advantaging them. Blackjack can have house advantages as low as 0.5% (with the statistically perfect playing strategy), so if you are aware of the casino techniques above and these games, you can minimise the house influence on the game, increasing the player’s profitability, rather than the casino’s.
RTP: Return to Player
Another way players can measure how far their bets can go is through the RTP or the ‘return to player’ of any given game. This is expressed in a percentage, and is essentially the flip side of the house advantage, stating the amount a player will get back on a wager, rather than the amount the house will get.
Taking the roulette example from above, with enough wagers, the house will receive a profit of 5.26%. Converting this into the RTP gives us 94.74%, meaning that placing 100 $1 bets should ideally (in the casino’s eyes) return $94.74 to the player. Note that the player is down on their $100 investment!
A high RTP is good, as close to 100% as possible, but just like the house advantage the RTP requires an increasing number of wages to conform to the probability of the equation and make sense. This means that by keeping sessions to a short time, players can escape the probability trap.
The Power of the Player
Sure, casinos are businesses, and we can’t really blame them for the advantages they have and the tactics they use. So long as us bettors are aware of this advantage, we can keep the chips stacked in our favour as much as we can.
RTP and the house advantage figures can be incredibly useful to players, as we can use this information to make informed decisions about the games we play, and when we can call it quits on a session.
The great thing about probability, is that it is expressed in an average, and as long players keep their sessions short, they can keep those explosive jackpot winnings for themselves before the probability kicks in. Casinos only win in the long run.
What’s more, the house edge is only present in games against the casino. Players can try their hand at player vs. player games, such as poker, where more control and skill are in the hands of the player. This accounts for all versions of poker, many of which you can find at most casinos. Happy gaming!
Frequently Asked Questions
Before we go, there are a few questions on our mind that require addressing. We get inundated with questions on all kinds of topics, and this fundamental element to casino operations is no exception. We’ve compiled the most common questions about the house edge right here for your viewing pleasure.
Why does the house always win?
Thanks to some number crunching and an understanding of probability theory, online casinos have fixed in place a mathematical advantage in their games, that means that over time, the games will win over the players. This does not mean that the games are rigged, but just that, overall, and over a long time, they will take in more money than they pay out to the player base.
What does the house always wins mean?
Essentially, that in the long run, the casino will always win. This does not mean that the casino will win every bet, just that return to player rates (RTPs) are set so that the house will profit overall. Not all RTPs are the same, though. Games like online blackjack have low house edges.
Why do I never win at the casino?
There are a number of possibilities and things to think about here. You might be playing for too long, continuing to bet until you have lost any winnings you had. Or you may be using the wrong kind of betting strategy for the game you are playing. Check out our roulette strategy page for some tips.
Do gamblers ever win?
Yes, gamblers win a lot of the time. On games like RNG roulette, bets on black or red will win almost half of the time. However, winning individual bets does not mean the same thing as walking away with profits. Make sure to play with a strict budget in mind, don't go chasing profits and your gambling will be much more fun.
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About Always Cool Casino
Always Cool Casino has a very simple mission – to provide high-quality games and attractive bonuses to its customers. This casino is based in Costa Rica and it welcomes US players, as well as customers from many other countries. Always Cool Casino is licenced and regulated by the authorities of Costa Rica.
Always Cool Casino now accepts Bitcoin payments, which makes it a lot more acceptable for a number of players and it adds, on average, two new slot games in every 3 months. Players are awarded with a number of bonuses, and there’s an incentive to invite your friends in too. The casino is available in English, German, Spanish, French and Italian.
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Casino Games Overview
Always Cool Casino features games provided by Betsoft and Bee Games. In total there are over 140 different games. Most of the games featured at this casino are slots. If you enjoy playing slots, you will definitely like Age of Dinosaurs, Mr.Burrito, The Wild West, Fruit Zen or some of the other games that are available. More than 35 of the available slots are 3D slots with advanced graphic features.
In addition to slots, you will also find table games, including Blackjack, Roulette, Baccarat, Craps and Pai Gow. There are several versions of Blackjack – 21 Burn Blackjack, Single Deck, American and European Blackjack. Roulette fans will enjoy a VIP treatment, as Always Cool Casino offers VIP versions of both American and European Roulette.
Always Cool Casino is very popular among fans of video poker and that’s due to the fact that there are 25 different versions of video poker, including the popular Pyramid series, Bonus Deuces, Tens or Better, Double Joker, Deuces Wild and many more. Several keno variants are also provided.
Mobile Casino and Games
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Always Cool Casino is a mobile friendly casino. If you open the website in your mobile browser, you will be able to sign up/log in. Once you do that, you will have every option that is available in the desktop version, you can make payments, claim bonuses and play many enticing casino games that are offered by Always Cool.
Payment Options
Always Cool Casino accepts payments via credit cards, UPayCard, Entropay, money transfer, and from recently it also accepts Bitcoin payments. Deposits are processed instantly, unless you’re depositing via money transfer, in which case it may take up to 3 days. Always Cool Casino doesn’t charge any deposit fees. The minimum deposit amount is $20 ($50 if you’re using money transfer). The maximum deposit amount is $1,000.
The same methods are available for withdrawals, and in most cases withdrawals are processed within 72 hours upon request. If you’re withdrawing via money transfer you’ll need to wait between 2 and 3 weeks. There is a withdrawal charge, which is 5% on Bitcoin withdrawals, 2% on UPayCard withdrawals and it may vary if you’re using Entropay or credit card. For money transfer withdrawals it can be either $50 or 12%.
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Customer Support
Always Cool Casino
The website features an FAQ page where a lot of the questions that are of interest to customers and potential customers are answered. However, if you’re enquiry is a bit more specific you may contact the customer support team via live chat, email or telephone. Customer support is provided 24/7 and there are toll-free telephone lines provided for customers from USA, Canada, UK, Germany and Australia.