The House Edge at a Casino
A casino has a positive house advantage and accepts all bets within the set limits. In other words, a casino can’t lose money by letting a patron win more than it can afford to pay out. The house edge in every game offered at a casino is the same as the expected value for that game. Casinos rarely lose money in the games they offer. A big bettor’s luck is frequently induced by casino executives with free cigarettes, drinks, or reduced-fare transportation.
While baccarat is the main game of casino gambling in France and the United Kingdom, blackjack and roulette are common in American casinos. Most casino operators demand a slight advantage of 1.4 percent or lower. In the United States, blackjack is the most common game, while French casinos tend to favor roulette. Video poker and slot machines are the economic backbone of American casinos, with the casino taking a percentage of each pot. Most players pay an hourly fee to play at these tables.
The casinos employ elaborate surveillance systems to monitor all activities. Security personnel can view every table and doorway and monitor the players to make sure they don’t lose money. These cameras can also be adjusted to focus on suspicious patrons. Video feeds are recorded for later review. Security measures also include computer chips that determine how much money a slot machine pays out. No one is really watching the slot floor. Unless the casino is staffed with armed guards, it’s impossible to determine which machine pays out.