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House Edge In Games

When reading reviews for online casino games, many people are likely to come across phrases that refer to the casino's house edge. By understanding this house edge and how it is calculated, players can find casinos that are fair and provide the players with at least a few advantages.

What is House Edge?

In a nutshell, the phrase 'house edge' simply refers to the percentage of players' cumulative wagers that the house takes as its earnings. So, if the casino takes a mere $1.00 for every $100.00 wagered by players, the house edge would be 1%. In most cases, however, the house edge is much greater than this and is determined by the rules of the particular casino game. This is especially true of games like craps; the bets placed by the players all have different odds and therefore differing house edges.

How to Find the House Edge

It is the responsibility of the player to determine the house edge, and this goes for the games themselves as well as variations based upon specific betting strategies. The best way to do this is to research the casino with the aid of an online search engine before learning the proper strategies of the intended game. This way, players do not enter into any game blindly and they are better able to control how much money they lose--or potentially earn.

Understanding the Truth

Something that every casino-goer should understand is that the house always has an edge over the player, regardless of the strategy the player chooses to use. Though this edge can be significantly reduced with proper playing and betting techniques, in the long run, the player will always come out on the losing end. Therefore, when a player experiences a winning streak and is ahead of the game, they should take their winnings and move on. After all, there is truth in the adage 'quit while you are ahead'.

By knowing how to determine the house edge for their favorite casino games--and possibly how to reduce it--players can increase their chances of winning significantly.

 
 
 
 
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