• About the House Odds in Casino Games

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    An Analysis of the Casino’s Advantage

    If you are a part-time gambler, or if you are a amateur gambler, then you might have caught the phrase "Casino Edge," and wondered what it indicates. Most people seem to think that the House advantage is the ratio of monies lost to monies wagered, except that, this is not the case. In actuality, the House advantage is a ratio made from the average loss compared to the initial bet. This ratio is vital to understand when making wagers at the various betting house games as it informs you what wagers provide you a better chance of succeeding, and which bets give the casino an impressive advantage.

    The House’s Advantage in Gaming Tables

    Knowing the casino’s Edge ratio for the betting house table games that you play is extremely important because if you do not understand which bets give you the greatest odds of succeeding you will throw away your cash. One instance of this happens in the game of craps. In this game the inside propositional wagers can have a casino Edge ratio of up to 16 %, while the line wagers and 6 and 8 bets have a much lower 1.5 percent casino advantage. This instance absolutely displays the impact that understanding the casino Edge ratios can have on your success at a table game. Other casino Edge ratios include: 1.06 percent for baccarat chemin de fer when betting on the banker, 1.24 percent in baccarat banque when betting on the player, 14.36 % when betting on a tie,

    The House’s Edge in Casino Poker

    Poker games gambled on at betting houses also have a casino’s advantage to keep in mind. If you are planning on wagering on Double Down Stud the casino’s advantage will be two point six seven %. If you gamble on Pai Gow Poker the House’s advantage will be between 1.5 % and one point four six percent. If you like to play Three Card Poker the House’s advantage will be between 2.32 % and three point three seven percent dependent on the variation of the game. And if you play electronic Poker the House’s advantage is just point four six % if you play a Jacks or Better video poker machine.

     November 22nd, 2009  Abigail   No comments

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