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Every casino game, from the flashing lights of the slot machines to the felt of the blackjack table, is built on a mathematical foundation. This principle, the house advantage, is fundamental to how casinos operate.
Defining the House Advantage
In simple terms, the house edge is the casino’s average profit from a player’s bet. This is typically shown as a percentage figure. A 2% house edge implies an average casino profit of $2 for every $100 bet.
This doesn’t mean you will lose exactly 2% on every visit
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