What is House Edge?
1. Introduction
House Edge is a term used in gambling to describe the mathematical advantage that the casino has over players. It is expressed as a percentage and represents the average loss to the player per bet made. For example, if a game has a house edge of 5%, it means that for every $100 wagered, the player will lose $5 on average.
2. How House Edge Works
The house edge is built into the rules of the game and ensures that the casino makes a profit over time. It varies from game to game, with some games having a lower house edge than others.
3. Importance of House Edge
Understanding the house edge can help players make informed decisions about which games to play. Games with a lower house edge generally offer better odds for players.
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