An Examination of the Casino’s Advantage
If you’re a part-time gambler, or if you’re a amateur gambler, then you might have caught the term "House Edge," and pondered what it means. Many people think that the casino Edge is the ratio of total money lost to monies wagered, however, this isn’t the case. In fact, the casino Edge is a ratio derived from the average loss correlated to the opening bet. This ratio is important to understand when placing bets at the various casino games as it tells you what wagers give you a better opportunity of winning, and which wagers give the House an astounding edge.
The House’s Advantage in Table Games
Knowing the House’s Edge ratio for the casino gaming tables that you play is very crucial because if you don’t know which bets give you the greatest odds of succeeding you will waste your money. One example of this occurs in the game of craps. In this game the inside propositional wagers can have a casino Edge ratio of up to 16 percent, while the line wagers and 6 and 8 wagers have a a whole lot lower one point five percent casino advantage. This instance clearly illustrates the impact that understanding the House advantage ratios can have on your ability to win at a table game. Other casino Edge ratios include: one point zero six percent for Baccarat when wagering on the banker, one point two four percent in baccarat banque when wagering on the player, fouteen point three six percent when betting on a tie,
The House’s Advantage in Casino Poker
Poker games played at casinos also have a casino’s Edge to take into consideration. If you are planning on betting on Double Down Stud the House’s Edge will be 2.67 %. If you participate in Pai Gow Poker the House’s Edge will range between 1.5 percent and 1.46 %. If you like to bet on Three Card Poker the casino’s Edge will be between two point three two % and 3.37 percent based on the version of the game. And if you wager on electronic Poker the casino’s advantage is just .46 % if you gambling a Jacks or Better video poker machine.
This entry was posted on January 12, 2010, 2:21 am and is filed under Casino. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.