Add What Is the Casino's Advantage?

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The Built-In Advantage of the Casino
<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>
The Math Behind the Advantage
<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>
<br>
A European Roulette wheel has 37 pockets (numbers 1-36, plus a single 0).
The actual probability of your number coming up is 1/37.
However, if you do win, the casino pays you out at 35 to 1, not 36 to 1.
This discrepancy between true odds (36:1) and payout odds (35:1) is the house edge.
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.
<br>
Which Games Offer the Best Odds?
<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>
Game
Typical House Edge
Notes
Blackjack
Less than 1%
Requires the use of optimal basic strategy. The edge is much higher for unskilled players.
Baccarat (Banker Bet)
Just over 1%
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.
Craps (Pass/Don't Pass)
Around 1.4%
The game offers some great bets and some terrible ones.
European Roulette
Exactly 2.70%
A fixed edge that applies to almost every bet on the table. Consistent and predictable.
American Roulette
5.26%
This is a clear example of how a small rule change can dramatically affect the odds.
Slots
Usually 4% to 8%
The edge on slots is generally higher than on table games.
How to Use This Knowledge
<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>