About the Casino Edge in Casino Games
Posted in Casino on 02/25/2010 06:21 am by Jarrett
An Examination of the Casino’s Edge
If you’re a recreational player, or if you are a rookie casino player, then you might have heard the term "House Edge," and wondered what it indicates. Many folks think that the casino Edge is the ratio of monies lost to monies wagered, although, this isn’t the case. In reality, the House Edge is a ratio derived from the average loss compared to the initial bet. This ratio is important to understand when placing wagers at the various casino games as it tells you what bets give you a greater chance of succeeding, and which wagers give the casino an impressive edge.
The Casino’s Advantage in Gaming Tables
Knowing the House’s Edge ratio for the betting house tables that you gamble on is very crucial because if you do not understand which wagers provide you the best odds of succeeding you will waste your money. One instance of this occurs in the game of craps. In this game the inside propositional wagers can have a casino advantage ratio of up to 16 percent, while the line bets and 6 and 8 wagers have a a great deal lower 1.5 % House Edge. This instance certainly displays the affects that knowing the House Edge ratios can have on your success at a table game. Other casino Edge ratios include: one point zero six percent for Baccarat when betting on the banker, one point two four % in Baccarat when betting on the player, 14.36 percent when wagering on a tie,
The House’s Advantage in Casino Poker
Poker games bet on at casinos also have a casino’s advantage to take into consideration. If you plan on gambling on Double Down Stud the House’s advantage will be 2.67 percent. If you participate in Pai Gow Poker the House’s Edge will range between one point five % and 1.46 %. If you like to gamble on Three Card Poker the House’s advantage will be between two point three two % and 3.37 percent depending on the version of the game. And if you wager on electronic Poker the House’s advantage is just .46 percent if you are playing a Jacks or Better video poker machine.