The 1% House Edge

If you’ve ever hit the tables in Vegas, you’re no stranger to the infamous mathematics surrounding house edge. What is this phenomenon? House edge is a built-in advantage, designed into every game, that guarantees the casinos make their money. This edge can be very small, 1% or less, yet it pays for opulent hotels and endless rows of lobster buffet. As the saying goes, the house always wins.

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