Bitcoin Forum

Economy => Gambling => Topic started by: spike420211 on June 09, 2013, 01:02:02 AM



Title: Question re: House Advantage
Post by: spike420211 on June 09, 2013, 01:02:02 AM
Would 1% House Advantage be calulated ratio-wise as:

> .49[me] v. .51[house]

-or-

> .495[me] v. .505[house]

?


Title: Re: Question re: House Advantage
Post by: Zaih on June 09, 2013, 01:05:09 AM
House edge always refers to the margin, the margin being the difference between what your wins should be and your losses.

50.5-49.5 = 1% house edge, so the 2nd one! :>


Title: Re: Question re: House Advantage
Post by: spike420211 on June 09, 2013, 01:10:30 AM
thx. Always been confused on that LOL.