About the House Edge in Casino Games
Posted in Casino on 03/15/2010 04:22 am by Esperanza
An Examination of the House’s Edge
If you are a part-time gamer, or if you are a novice casino player, then you may have heard the term "Casino Edge," and questioned what it means. Many people think that the House advantage is the ratio of total money lost to monies wagered, although, this is not the case. In fact, the casino advantage is a ratio derived from the average loss correlated to the original bet. This ratio is important to know when placing wagers at the a variety of casino games as it informs you what bets provide you a better chance of winning, and which wagers provide the casino an astounding advantage.
The House’s Edge in Gaming Tables
Knowing the House’s Edge ratio for the betting house table games that you play is very crucial because if you do not understand which bets provide you the best odds of winning you can throw away your money. One example of this happens in craps. In this game the inside propositional bets can have a casino Edge ratio of up to sixteen percent, while the line bets and 6 and 8 bets have a a whole lot lower 1.5 % casino advantage. This example clearly illustrates the impact that understanding the casino advantage ratios can have on your ability to win at a table game. Other casino advantage ratios include: 1.06 percent for baccarat banque when wagering on the banker, one point two four percent in baccarat banque when wagering on the player, 14.36 percent when wagering on a tie,
The House’s Advantage in Betting House Poker
Poker games competed in at casinos also have a casino’s advantage to take into consideration. If you are planning on gambling on Double Down Stud the House’s advantage will be two point six seven %. If you play Pai Gow Poker the casino’s Edge will be between one point five % and one point four six percent. If you prefer to wager on Three Card Poker the casino’s advantage will range between 2.32 % and 3.37 percent depending on the variation of the game. And if you gamble on Video Poker the casino’s Edge is just point four six % if you are playing a Jacks or Better electronic poker machine.