Who has the edge at the online casino? is one of many news stories on River Belle Online Casino

Who has the edge at the online casino?

6 Sep 2006

The house edge, often called the house advantage, is a statistical advantage that the online casino has over the player. The house edge varies, depending on the online casino game, the bets and the rules. It is calculated based on the odds for winning the game, as the difference between the true odds of winning and the amount you actually get when you win.

To explain the house edge at online casino games, we'll take the simple game of coin flipping. The odds are 50 percent for getting heads or tails. For every one dollar bet you can win, or lose, one dollar. However, if the conditions of the game declare that your win should be 95 cents on each risked dollar, the house has a 5% edge. Even though the probabilities at online casino games are absolutely different, as are the betting schemes, the house edge can still be calculated for most games.

These statistics only work on a large number of online casino games, and do not mean that the player would always lose his money. The players' money gets reallocated, and that is where a profit is made possible. The point of online casino games is to keep a precise balance of fairness on both sides. True, the online casino has the house edge, and will always be profitable, but it does not prevent some players from winning, and even walking away with huge sums. Who has the edge this time?

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