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What explains HUGE difference Between House Edge verses Hold % on casino games?
It's amazing how most casino games have a house edge of say less than 1% at Blackjack and as high as 5.26% in Roulette
yet if you've ever checked the scr888 free download play for fun monthly or quarterly reports in terms of the amount wagered compared to hold % it's usually between 10 to 25% it does vary but most Blackjack games the household % is closer to 15% total and for Roulette, the House Hold % is usually over 20%
What explains such a Big difference between the theoretical house edges in casino games compared to the Big Profit % casinos make comparing total amount wagered and the total amount won?
I get you can blame ignorant gamblers, but are their really that many gamblers that are clueless , with so much money being wagered total you would think it would regress toward the house edge % yet all casinos are incredibly consistent in keeping profit % closer to 15 to 25% so it makes you wonder how the profit can exceed the casinos theoretical house edge ????
any Good or Logical Explanations for the big variance?
Replies to This Discussion
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Permalink Reply by Patrick on
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Personally, I got bored with the casino and started watching football, and then I decided to start betting on sports. For sports betting enthusiasts, I recommend following the results of the matches here and determining the winner by comparing all previous results.
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Permalink Reply by Ruprecht Göring on
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Hmm. Interesting. Let me think of what you said and I will revert shortly. Meantime think of your favorite games and let me know about them.
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It's really as easy to do as it is to say, I have been doing this for a very long time, and I want to say that sports betting really brings in very good money, especially if you choose a sport that you are good at, I bet on football here https://azscore.com/bookmakers This site helped turn my little hobby into a very good way to make money.
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