House Edge Casino Win Some, Lose Some - 2004-01-19
The house edge is described as the ratio of the average loss to the original bet. The house edge is not the ratio of money lost to full money wagered. In some games the starting wager is not necessarily the concluding wager.
For example in blackjack, let it ride, and Caribbean stud poker, the player may raise their bet when the odds favor doing so.
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