Ok so house edge is basicallynthe profits the house pulls in. But I wonder...
Due to the nature of people and gambling do you still think people will lose more then win and the casino will still make money ? Do you think people will keep being greedy till everything is lost or do you think it will be equal to both player and house ?
Casino will always win and make some money as long as they have big enough bankroll to their max. pay out per bet. you can see it because all players are being affected by the house edge the casino applies, but one lucky player cannot affect the total no. of players, so even got some lucky, it is for sure, that others are not.