House Edge 101 – Meaning and How to Use It at your Advantage

Casino games are straightforward when explaining their techniques. You probably know that the house has an advantage over the player and you’re right in that. But you can always beat the house, once you understand how the edge works. Here you will learn what house edge means, how it works, and how you can beat it.

What is House Edge?

As we all know, in casino games it is all about chances, that means it will all depend on your luck.  However, it doesn’t mean that you cannot develop skills to win, that’s the case of blackjack for example, but still, the luck factor remains.

House Edge 101 Meaning and How to Use It at your Advantage 1 - House Edge 101 – Meaning and How to Use It at your Advantage

House edge is the term that is used to describe the advantage that the casino has over the player. In every casino game, there’s an edge that is present and will make the casino a winner most of the time.

Casinos Always Win – But How?

It’s all about probabilities, but to explain how it works we will take a roulette game as an example. Let’s say you bet $1 in a 37-number roulette spin. That means you have 1 in 37 probabilities to win.

True odds mean that if you win you will receive $37 by betting $1. But actual odds would make the edge win the 2.7% of the game every time.

Additionally, house edges are not the same in every casino game, which means there is a variation on the different odds percentages. If the house edge gets lower, the higherare your chances to become a winner over time. Keep that in mind next time you make a bet, and you’ll be surprised with the results.

Players Are Still Winners

Don’t think you can’t beat the house edge, because there is always a chance to beat it. It takes millions of bets for the house edge to even itself out, which leaves no reason why a player cannot win in the short term.

If you play blackjack, for example, it’s perfectly possible to win several hands in a row having extended winning streaks.

When talking about slot games, it’s easy to just spend a few dollars in the slot machine to win a couple of rounds. If you continue betting, you could have a big slice of luck, allowing you to win a couple of rounds. This is however not always the case.

The basic concept of casino games puts the odds against you, but of course, you can beat it the more you try it and become a winner by turning the odds in your favour. That’s the exciting thing about casino games; that you never know what is going to happen next.