Add What Is the Casino's Advantage?
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The Built-In Advantage of the Casino
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<br>The old adage "the house always wins" is well-known for a reason. This saying describes the house edge, the core principle upon which all casinos operate. It represents the average percentage of a player's bet that the casino expects to keep over the long run. For any serious player, an understanding of the house edge is non-negotiable.<br>
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The Math Behind the Advantage
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<br>The edge comes from the gap between a bet's actual probability and the payout the casino gives for [casino](https://goldfish.it/games/hotline/) a winning bet. Roulette provides a very clear illustration.<br>
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<br>
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A European Roulette wheel has 37 pockets (numbers 1-36, plus a single 0).
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The actual probability of your number coming up is 1/37.
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However, if you do win, the casino pays you out at 35 to 1, not 36 to 1.
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This discrepancy between true odds (36:1) and payout odds (35:1) is the house edge.
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In this case, the house edge is 2.7%. This means that for every $100 bet on the wheel over a long period, the casino expects to make an average profit of $2.70.
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<br>
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Which Games Offer the Best Odds?
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<br>The house edge varies significantly from one game to another, casino ([goldfish.it](https://goldfish.it/casino/marathonbet/)) and casino ([goldfish.it](https://goldfish.it/casino/frumzi-casino/)) even between different bets within the same game.<br>
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Game
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Typical House Edge
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Notes
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Blackjack
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Less than 1%
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Requires the use of optimal basic strategy. The edge is much higher for unskilled players.
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Baccarat (Banker Bet)
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Just over 1%
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The 'Banker' bet is one of the best bets in the entire [casino](https://goldfish.it/casino/betpassion/) due to its very low house edge.
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Craps (Pass/Don't Pass)
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Around 1.4%
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The game offers some great bets and some terrible ones.
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European Roulette
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Exactly 2.70%
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A fixed edge that applies to almost every bet on the table. Consistent and predictable.
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American Roulette
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5.26%
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This is a clear example of how a small rule change can dramatically affect the odds.
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Slots
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Usually 4% to 8%
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The edge on slots is generally higher than on table games.
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How to Use This Knowledge
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<br>The house edge does not mean you can't win. It's an average calculated over millions of events. Luck is the determining factor [casino](https://goldfish.it/casino/21bet/) in any one visit to the casino. By picking low-edge games, you improve your long-term prospects and stretch your entertainment budget.<br>
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