The house edge in table games like Blackjack, Roulette, Craps, Baccarat etc. denote the mathematics which ensures that the house gets a continuous profit. No one does a losing business. Same is true for casinos. No one can win against a casino in the long run. All the house edge table games including the slots are designed in such a manner that they pay a little less than the true odds of winning the game.
Different House Edge Table Games
You might think that there are only 50% chances that you will lose to the house in case of a Roulette wheel where you choose a color out of red/black, odd/even and high/low. But, wait! Have you ever noticed 2 green pockets with 0 and 00 in a Roulette wheel? That is where the house edge table games come into the picture. Out of 38 pockets, 18 are red, 18 are black and 2 are green. These green slots are the casino’s assurance to have a continuous profit coming out from the game of Roulette. Let us see how. If you bet on red every time, you have a chance to win 18 times but, at the same time, you have a chance to lose 20 times. This is true for every choice that you can make on Roulette. Now imagine what kind of percentage profit can the casino make when ten players play on two Roulette wheels 24 hours a day. The casino would win about 53% of these bets and the players would win 47%. That is how this game turns into a sure shot profit churning machine for the casino. The American Roulette wheel has the highest house edge of 5.26%.
As far as house edge table games are concerned, this game has the lowest house edge of less than 1% but only if you play the game correctly. If you go by your hunches, this game has a house edge of about 4% which is quite a high number. On the outer, Blackjack seems to be one of the simplest table games to play. Hence, many people who are newbie play this game. Therefore, the percentage of people who play this game do not do an educated play. Hence, for the casino, this game gives quite a good profit.
Not only table games but also the slots and video poker has a house edge just like house edge table games we just read about. These machine games are designed in such a manner that they provide quite a nice profit to the casinos. Hence, the players should understand that casinos online or offline can never be a regular source of income for anyone. They can only act as a source of entertainment.