House Edge

[AbuBhakar]

Ah, this is interesting because 2% increases more every time you bet, I think 2% is high, right? Because in most casinos the house Advantage is 1% and that is enough for the player to lose , I think that the casinos that are more reliable have that advantage, right? 2% is like for casinos that are just starting out and they do it so that they can have a good influence and not go Bankrupt at first, that is like a security measure, that in the end one understands why it is a company that is starting up, but they should still be 1% because as a player I go to the casino where I have more Opportunities to win, regardless of whether it is a new Casino, all Players have this type of thinking, Because no one likes to lose money.

House edge is based on the RTP of the game of the game you will just need to subtract the RTP to 100% to get the house edge of the game meaning in able to determine it you will need to get to the total win and total wager for the game. The house edge is just a theoretical percentage which you can’t apply immediately on a single bet.

In most cases, 2% is not that high because slot games usually have 4% or more depending on the provider set RTP while you can’t even notice the difficulty to win because you will need tons of spin in able to feel the RTP.

[1715166472]

1715166472

[1715166472]

1715166472

[wiss19]

Explanations about the edge variations has been made in the preceding replies, but I care to ask a simple question about all of this. Do gamblers who have made use of the games from these platforms experience a glaringly variable effects in that 1% edge difference to a large  extend on their rate of wins or the edge difference is a sheer strategic attraction for more users on one side than the other.

What I believe is that whatever edge is given to us gamblers by casinos as the edge they hold to their advantage let the remainder which we are said to have on our side actually reflect in the amount of times gamblers earn wins those games from the casino in contrast to the times losses are made. What do we think about this?

True gamblers or those who are playing for the profit will notice the difference of a small house edge from the larger ones and as long as they are playing on a legit casino because some shady casinos can only display numbers while the truth is they are still manipulating their games.

At the end of the day, there is still what we call a bad luck apart from the good luck. So, no matter what variables are there that we see in our screen displays, I'm very sorry to tell that we can still lose it all. As a player I don't focus on the house edge, therefore it is not an attraction for me but it's an advantage for a casino to have a lot of good features.

[dimonstration]

True gamblers or those who are playing for the profit will notice the difference of a small house edge from the larger ones and as long as they are playing on a legit casino because some shady casinos can only display numbers while the truth is they are still manipulating their games.

At the end of the day, there is still what we call a bad luck apart from the good luck. So, no matter what variables are there that we see in our screen displays, I'm very sorry to tell that we can still lose it all. As a player I don't focus on the house edge, therefore it is not an attraction for me but it's an advantage for a casino to have a lot of good features.

There’s no way to determine the house edge difference by just observing your game because it requires the overall game summary for that specific game to determine the house so it’s really impossible to notice it unless you place a huge volume of bet to get a very good sample size for house edge.

That’s why playing on trusted casino is a must so that you can assure that the house edge they displayed is legit because there’s no way to verify it manually using your bets.

[Casdinyard]

Both Stake and BCH.games have popular games such as Mines, Tower, Crash, and Target (notably referred to as Limbo on Stake). Stake's platform indicates a house edge of 1% for these games, whereas BCH.games lists a house edge of 2%.

Given that both platforms games are provably fair, I'm curious about the source of the discrepancy in house edge rates. Specifically, does the increased house edge at BCH.games stem solely from the monetary requirements to win (e.g., needing to roll above a 50.99 on BCH.games for a 2x win in Target)?

How does this variation in house edge impact other games like Mines, Tower, and Crash? Are the dynamics similar, or is there another mechanism at play influencing the difference in house edge between the two platforms?

No particular source other than the fact that this is how they want their games to be played if I could remember correctly, it's called house edge for a reason anyway, and they could easily make their players play their games the way they wanted it to be played. Monetary requirements is a possibility though, although for Stake I don't really think it solely stems from that, not that I would know anything about how they internally operate and manage their games in the first place lol.

As for how their games are played because of the variance, it's the frog on a pot setup, since the RTP is practically 50%, players are expected to continuously play until they lose all their money in the casino, if it were to be a little cutthroat, players would notice it right away and might shy away from playing in the casino in question, so in reality, the trick is to make them feel as common or normal as possible so as to not rouse suspicion and put the players in a false sense of security while they think the casino they are playing is operating within fair or "slightly" fair parameters.

[Natsuu]

Explanations about the edge variations has been made in the preceding replies, but I care to ask a simple question about all of this. Do gamblers who have made use of the games from these platforms experience a glaringly variable effects in that 1% edge difference to a large  extend on their rate of wins or the edge difference is a sheer strategic attraction for more users on one side than the other.

What I believe is that whatever edge is given to us gamblers by casinos as the edge they hold to their advantage let the remainder which we are said to have on our side actually reflect in the amount of times gamblers earn wins those games from the casino in contrast to the times losses are made. What do we think about this?

At the end of the day, there is still what we call a bad luck apart from the good luck. So, no matter what variables are there that we see in our screen displays, I'm very sorry to tell that we can still lose it all. As a player I don't focus on the house edge, therefore it is not an attraction for me but it's an advantage for a casino to have a lot of good features.

That is why the true luck of the house or the casino itself is not an individual bet. But all of the bets cumulatively, with all the sample size of bets. Over the series of wins and losses over the gambler, the casino always wins. The casino always have the advantage, but still the gambler can outsmart this by knowing when to stop and not to take risk. By being content of their wins and not give it back to the casino. You may not beat the casino, but you may earn money and not lose it.

[dimonstration]

That is why the true luck of the house or the casino itself is not an individual bet. But all of the bets cumulatively, with all the sample size of bets. Over the series of wins and losses over the gambler, the casino always wins. The casino always have the advantage, but still the gambler can outsmart this by knowing when to stop and not to take risk. By being content of their wins and not give it back to the casino. You may not beat the casino, but you may earn money and not lose it.

You can’t consider it as outsmarting because you can’t break the inevitable loss in the long run by just knowing when to stop because you didn’t have profit at all. You can consider it as safety measure or minimizing risk but not an outsmarting move because casino always knew that gamblers will never know how to stop on most cases.

The only to outsmart casino is involving on bets that gives +EV like arbitrage betting or other strategy that will give guarantee positive profit which casino doesn’t allowed. 

[Wiwo]

That is why the true luck of the house or the casino itself is not an individual bet. But all of the bets cumulatively, with all the sample size of bets. Over the series of wins and losses over the gambler, the casino always wins. The casino always have the advantage, but still the gambler can outsmart this by knowing when to stop and not to take risk. By being content of their wins and not give it back to the casino. You may not beat the casino, but you may earn money and not lose it.

You can’t consider it as outsmarting because you can’t break the inevitable loss in the long run by just knowing when to stop because you didn’t have profit at all. You can consider it as safety measure or minimizing risk but not an outsmarting move because casino always knew that gamblers will never know how to stop on most cases.

The only to outsmart casino is involving on bets that gives +EV like arbitrage betting or other strategy that will give guarantee positive profit which casino doesn’t allowed. 

First thing to do is to accept the fact that when you are gambling there is the possibility of either losing at any time and for that it important to only gamble with what you can afford to lose, many ot the times it important to note all this things so as to play safe while in the casinos because many times you may likely lose to the house since the games are configured to favor the house all the time.

Also note that if the house edge is 2% vs 1% then means you have a variation in terms of what you achieve while at the casinos.

[YOSHIE]

How does this variation in house edge impact other games like Mines, Tower, and Crash?

I think both gambling platforms regarding the 'house edge' mechanism implemented are almost the same, if not different, only slightly different, as I can see.

Code:

Game	House advantage
Slots	: 2% to 15%
Video poker	: 0.46% to 5%
Blackjack: 0.28% and up
Craps: 	0.00% to 16.67%
Roulette: 1.35% to 7.69%
Ultimate Texas Hold’em: 2.19% and up
Let It Ride: 3.51% and up
Keno: 25% to 40%
Baccarat: 1.06% to 14.36%
Three: Card Poker	3.37% to 7.28%

What is certain is that the picture that can be taken is that each casino in general tends to apply a different house edge, of course for popular games, of course where this type of game is widely played.

Are the dynamics similar, or is there another mechanism at play influencing the difference in house edge between the two platforms?

Of course, the mechanisms vary and the advantages, in fact, as far as I know, not all types of games have the same percentage, there are various advantages offered to generate house advantages, low and high, I believe the house edge of Stake vs. Stake casinos. BCH.games is different, maybe Stake is bigger.

[Quidat]

That is why the true luck of the house or the casino itself is not an individual bet. But all of the bets cumulatively, with all the sample size of bets. Over the series of wins and losses over the gambler, the casino always wins. The casino always have the advantage, but still the gambler can outsmart this by knowing when to stop and not to take risk. By being content of their wins and not give it back to the casino. You may not beat the casino, but you may earn money and not lose it.

You can’t consider it as outsmarting because you can’t break the inevitable loss in the long run by just knowing when to stop because you didn’t have profit at all. You can consider it as safety measure or minimizing risk but not an outsmarting move because casino always knew that gamblers will never know how to stop on most cases.

The only to outsmart casino is involving on bets that gives +EV like arbitrage betting or other strategy that will give guarantee positive profit which casino doesn’t allowed. 

First thing to do is to accept the fact that when you are gambling there is the possibility of either losing at any time and for that it important to only gamble with what you can afford to lose, many ot the times it important to note all this things so as to play safe while in the casinos because many times you may likely lose to the house since the games are configured to favor the house all the time.

Also note that if the house edge is 2% vs 1% then means you have a variation in terms of what you achieve while at the casinos.

1% or 2% which it doesnt matter much because luck factor would really be still the main consideration when playing up on a dice game or any similar games which we know that winning or becoming that profitable will really be just that basing up on how lucky you would be.House edge pertains on how much you would really be losing in overall wager in a particular time or duration depending or basing up on how long your bankroll would really be able to sustain. This is the main difference and its a misconception for most people about house edge and winning chance or odds which is really that completely different to each other.

Somehow it is really that important for most people about in regarding the differences about those % which it might that look less to others but every point % would surely counts.
This is why they would really be deciding on sticking into those places which does have that lesser % house edge in compared to those higher ones which it would really be that a common approach.
It is really just that it is really that wrong in between HE and winning chance or odds.

[bhadz]

IMO, OP isn't really asking for variation of the games that he has mentioned for the house edge or its percentage. But he has mentioned a lot of bch.games and that's what he's sole purpose in making this thread. He has logged in on April 13 but never gave any of his thoughts to all of the answers that have been said for the questions that he has asked. If he's coming back soon and gonna break this thought of mine, that is totally okay and not a problem at all. This is my opinion since we get this a lot.

[LUCKMCFLY]

1% or 2% which it doesnt matter much because luck factor would really be still the main consideration when playing up on a dice game or any similar games which we know that winning or becoming that profitable will really be just that basing up on how lucky you would be.House edge pertains on how much you would really be losing in overall wager in a particular time or duration depending or basing up on how long your bankroll would really be able to sustain. This is the main difference and its a misconception for most people about house edge and winning chance or odds which is really that completely different to each other.

For me it is very important that things in casinos have the house advantage because it is Synonymous with things being able to go well and being able to Withstand crises worldwide, so for me the house advantage is interesting, to think that it is bad for us. as players because it guarantees the casino to always have profits at our expense, but it is Valid worldwide , because the house advantage will always be the main basis for the business to always be generated, in itself, as I have always said, a casino is a company, and that company is what we see will do robberies over time, that's why a casino always survives, because of that house edge.

[AmoreJaz]

IMO, OP isn't really asking for variation of the games that he has mentioned for the house edge or its percentage. But he has mentioned a lot of bch.games and that's what he's sole purpose in making this thread. He has logged in on April 13 but never gave any of his thoughts to all of the answers that have been said for the questions that he has asked. If he's coming back soon and gonna break this thought of mine, that is totally okay and not a problem at all. This is my opinion since we get this a lot.

Just promoting a certain casino is common in some threads here. But would be nice if he will also give his opinion after reading some of the replies so readers will be interested on what this thread is all about. Also, after creating this thread, the OP has no more activity so wondering his real intentions here?

Besides, house edge has been tackled and discussed many times in the gambling discussion board. Just few example threads that you can check out -

Casino games and the house edge : Players odds to win?
House Edge -- Is It Really Required?
How do you calculate house edge...?

[Russlenat]

1% or 2% which it doesnt matter much because luck factor would really be still the main consideration when playing up on a dice game or any similar games which we know that winning or becoming that profitable will really be just that basing up on how lucky you would be.House edge pertains on how much you would really be losing in overall wager in a particular time or duration depending or basing up on how long your bankroll would really be able to sustain. This is the main difference and its a misconception for most people about house edge and winning chance or odds which is really that completely different to each other.

For me it is very important that things in casinos have the house advantage because it is Synonymous with things being able to go well and being able to Withstand crises worldwide, so for me the house advantage is interesting, to think that it is bad for us. as players because it guarantees the casino to always have profits at our expense, but it is Valid worldwide , because the house advantage will always be the main basis for the business to always be generated, in itself, as I have always said, a casino is a company, and that company is what we see will do robberies over time, that's why a casino always survives, because of that house edge.

We can't change the norms, house edge will always be present in any games in a casino, they only differ in terms of percentage, some have 1% which is already low while some have higher house edge. They'll win in the long run, that's their advantage and since they can limit the bets, that makes them stay longer while they continue to be profitable. What we should ensure is that the casino is not rig, and then we will play with the house edge, if we are lucky we win but of course in the long run we will still lose. That's why we are suggested to just gamble for fun particularly on games that are based on luck.