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Variance in Online Casino Games

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2014-05-20 00:00:00

Have you ever wondered why you get on a big winning streak or a big losing streak when playing games at the online casino? The answer is variance. You just never know what is going to happen. You might win five straight hands in blackjack and then lose the next four. How do you handle online casino variance?

The first thing to remember about variance is that it is going to be higher based on the game you are playing. If you are playing the slots then the variance is pretty low as you will stay in action and avoid big winning or losing streaks most of the time. If you play a game like craps or roulette you might have a much higher variance and go on big winning or losing streaks. Blackjack and baccarat are kind of in the middle as normally there are not huge winning or losing streaks.

Another part of variance is finding the best casino games to play. The lowest house edge is with baccarat so your variance should be lower in this game simply because the house edge is lower. You don’t want to be playing Keno because the house edge is really high.

Don’t get too concerned about long winning or losing streaks because when you play online casino games you will have some variance and your bankroll must be prepared to handle it.