Understanding house edge in gambling

[BrownZaki]

Hi. I’ve been trying to wrap my head around the concept of house edge in online casinos. I know it’s something about the mathematical advantage the casino has, but I’m not sure how it actually affects my chances over time. Is it the same for slot machines and table games, or does it vary a lot between them?

[christophergreen1012]

Hi. The house edge is basically the built-in percentage the casino expects to keep from all bets over the long run. For example, a game with a 5% house edge means that on average, you’ll lose $5 for every $100 wagered, though short-term results can vary wildly. Slots tend to have higher house edges than certain table games like blackjack, especially if you use optimal strategy. I actually found a great breakdown of how it all works in the blog at casino.spot, and the article https://casino.spot/blog/house-edge-in-online-casino/ which really explains it clearly. It even details differences between games and how to make smarter choices based on the numbers.