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The house edge, which is the commission that a gambling agent such as a casino, a sportsbook (bookmaker), or a lottery administrator charges, is a yardstick that measures how a specific gambling game is fair and reasonable. It is one of the most important factors that every player should consider whenever he/she is engaged in any type of gambling, inasmuch as it indicates how much of the money wagered goes to the gambling agent's pocket and how much is redistributed to the winners. Casino - List of all casino related resources Black Jack - List of black jack resources Poker - List of poker resources Online Poker - List of online poker resources Betting - List of betting resources Lottery - List of lottery resources Craps - List of craps resources Slots - List of slots resources Roulette - List of roulette resources Games - List of games resources Recreation - List of travel/holiday/resort/airline resources Health - List of online pharmacy/hospital/health resources Shopping - List of online shopping/gift resources Business - List of business/finance/loan/mortgage resources Computers - List of computer hardware/software/peripheral resources Internet - List of webhosting/webdesign/internet marketing resources Miscellaneous - List of all other resources not stated above
Indeed, a house edge cannot be zero since casinos, sportsbooks, and lottery administrators have to make some money in order to cover their expenses, and to make some profit as well. Yet, a high house edge simply means that the players are unecessarily being ripped-off, and as a result, any gambling game with a high house edge should certainly be avoided by a knowledgeable gambler. |
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