In the world of gambling, the term "house edge" is a critical concept to understand. The house edge is essentially the statistical advantage that the casino has in any game, and it's the reason why the casino always has a chance of winning in the long run.
The house edge is typically expressed as a percentage. For example, if a game has a house edge of 2%, it means that on average, the casino expects to win €2 for every €100 wagered by players.
Here's what you should know about the house edge:
It varies from game to game: Different casino games have different house edges. Games of pure chance like slots and roulette usually have a higher house edge, while games where player decision impacts the outcome, like blackjack, can have a lower house edge.
It's calculated over the long run: Like RTP, the house edge is a long-term expectation based on thousands or even millions of games. In the short term, anything can happen.
Knowing the house edge helps shape your strategy: Understanding the house edge can help you make informed decisions about where to place your bets. Games with a lower house edge may offer a better chance of winning in the long run, but the payouts may be smaller.
By understanding the house edge, you can make more informed decisions when placing your bets. Remember, gambling should always be done responsibly. If you need assistance or have any questions, our 24/7 live support is ready to help, or you can email us at [email protected].