What is house edge in casino games?

Answer:

The house edge of a casino game is the measure stating how much money goes to the casino on average. It tells you exactly how confident casinos are that they’ll win every bet of the game over time, and it’s expressed as a percentage indicating how many of all bets maximize their profits. For instance, blackjack has an advantage for the casino of 0.5% on all hands over time because it takes on average 5% more from each player than what they originally wagered. This means that if players were to play conservatively with no betting at all, six out of ten times on average they would lose less money than what they came in with- however, this varies by which strategy is used…