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| − | + | Comparing casino wagers (method)<br><br>Every house edge figure comes from the same short procedure, and a number that cannot be traced back through it is hard to compare with anything else.<br><br><br>First, define the wager: which outcomes win, which lose, which push, what each pays, and any commission or special settlement. Second, attach a probability to each outcome. Third, multiply, add, and divide the average loss by the stake. For the Player bet in eight-deck baccarat:<br><br><br>OutcomeProbabilityNet resultContribution<br>Player wins44.62%+1+0.4462<br>Banker wins45.86%−1−0.4586<br>Tie (push)9.52%00<br>Total100%−0.0124<br><br><br>The sum, −0.0124 per unit staked, is the familiar 1.24% Player edge; the rule-by-rule comparisons at [https://casinohouseedge.com/casino-games-house-edge-rankings/ [https://casinohouseedge.com/casino-games-house-edge-rankings/ https://casinohouseedge.com/casino-games-house-edge-rankings/]] are built from tables of exactly this shape. Games with raises after the opening bet need one more line: the same loss divided by the average total wagered.<br><br><br>The fourth step is scope. A ranking produced this way prices wagers under stated rules and strategy; future sessions and an operator's conduct are outside what it measures. Changing the stake, the pace or the session length changes the exposure, not the percentage, which is why the assumptions belong next to the number rather than in a footnote.<br> | |
Latest revision as of 15:47, 22 October 2026
Comparing casino wagers (method)
Every house edge figure comes from the same short procedure, and a number that cannot be traced back through it is hard to compare with anything else.
First, define the wager: which outcomes win, which lose, which push, what each pays, and any commission or special settlement. Second, attach a probability to each outcome. Third, multiply, add, and divide the average loss by the stake. For the Player bet in eight-deck baccarat:
OutcomeProbabilityNet resultContribution
Player wins44.62%+1+0.4462
Banker wins45.86%−1−0.4586
Tie (push)9.52%00
Total100%−0.0124
The sum, −0.0124 per unit staked, is the familiar 1.24% Player edge; the rule-by-rule comparisons at [https://casinohouseedge.com/casino-games-house-edge-rankings/ https://casinohouseedge.com/casino-games-house-edge-rankings/] are built from tables of exactly this shape. Games with raises after the opening bet need one more line: the same loss divided by the average total wagered.
The fourth step is scope. A ranking produced this way prices wagers under stated rules and strategy; future sessions and an operator's conduct are outside what it measures. Changing the stake, the pace or the session length changes the exposure, not the percentage, which is why the assumptions belong next to the number rather than in a footnote.