You may have heard the word ‘edge’ in reference to casino games, but do you know exactly what it means? The edge is a commonly used gaming term that refers to the house advantage. This is how casinos make money from their games. As you are about to find out, there are many casino games with an edge. Knowing which of them have this can help you avoid them and focus on those that give you an opportunity for winning instead. In this article, we will explain the meaning of the term ‘house edge’, reveal which casino games have it, and show some examples of these games so that you can recognize them when playing again or somewhere new.
What is a House Advantage?
When we talk about the house advantage or edge in casino games, we’re talking about the advantage that the house has over the player. To put it simply, the edge is the amount of money that the casino expects to win from each game. It is calculated by first taking the casino’s money line and subtracting the player’s expected average win. It represents the expected return on investment, or profit, that the casino will make from each game. Casinos make money by having a house advantage on each game. The house advantage is the percentage that the casino expects to win compared to the player’s expected average win. There are many casino games with a house advantage, so knowing which of them have this can help you avoid them and focus on those that give you an opportunity for winning instead.
How to Calculate the Edge?
To calculate the edge in a game, you must know the following:
- The player’s average win
- The casino’s expected money line
Most casinos will have this information available on their website, but you’ll need to know the rules for each game in order to calculate the winnings. Some games are easier to calculate the edge for than others. If a game is simple to understand, then it will be easy to calculate the edge. Some examples of games with an easy-to-calculate edge are blackjack, craps, and roulette.
The house edge is the percentage that the casino expects to win compared to the player’s expected average win. There are many casino games with a house advantage, so it’s important to know which ones have it.