One of the goals of Gaming the Odds is to teach you all about perfect blackjack strategy and to minimize the house edge. Obviously the player doesn’t lose that amount on every single bet you might win two hands and then lose six hands in a row but in the long run the loss will be about $1.89 per bet. Educated players always find the games with the least house edge possible and therefore win the most – or at least lose the least.įor example, if house edge is 1.89%, the player loses $1.89 on average out of every $100 bet he makes.
This is worth figuring out since the size of house edge has everything to do with how likely you’re to win. House edge means the percentage of the player’s bet the casino wins on average.
