16 Dec 09

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An Analysis of the House’s Advantage

If you’re a part-time gamer, or if you are a rookie player, then you should have noted the phrase "House Advantage," and wondered what it indicates. Many people believe that the casino Edge is the ratio of monies lost to total money wagered, although, this isn’t the case. In actuality, the casino advantage is a ratio derived from the average loss compared to the initial wager. This ratio is imperative to understand when making bets at the a number of casino games as it tells you what bets give you a better chance of winning, and which wagers give the House an impressive advantage.

The House’s Advantage in Table Games

Knowing the casino’s advantage ratio for the betting house tables that you wager on is very important because if you do not know which wagers 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 bets can have a House advantage ratio of up to 16 percent, while the line wagers and 6 and 8 wagers have a much lower 1.5 % casino advantage. This example absolutely shows the affects that understanding the casino Edge ratios can have on your ability to win at a table game. Other casino advantage ratios include: one point zero six % for Baccarat when wagering on the banker, 1.24 % in Baccarat when betting on the player, 14.36 % when wagering on a tie,

The House’s Edge in Casino Poker

Poker games competed in at casinos also have a casino’s Edge to take into consideration. If you anticipate on gambling on Double Down Stud the casino’s Edge will be 2.67 percent. If you gamble on Pai Gow Poker the House’s Edge will range between 1.5 percent and 1.46 %. If you like to gamble on Three Card Poker the House’s advantage will range between 2.32 % and three point three seven % based on the version of the game. And if you gamble on electronic Poker the House’s Edge is just point four six % if you gambling a Jacks or Better electronic poker machine.

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