The Reasons Why Casinos Make Money And How Advantage Playing Is The Only Way To Make Consistent Money From Casino Games:
Almost all casino games have an intrinsic mathematical advantage in favor of the casino. This is called the house edge. The house edge of any specific game contributes towards the casino’s lifetime expected value. The house edge of American Roulette is 5.26%. In other words, the casino’s expected value is 105.26%, and your expected value is 94.74%. The house edge of American roulette comes from the addition of the 0 and 00 slots. The most basic bets in roulette are the even-money payout red and black bets – there are 18 red slots on the wheel and 18 black slots on the wheel. Placing a $1 wager on red or black pays back $2 with 18 ways to win and 20 ways to lose. This is how casinos are the best advantage players in the world. Of course any individual player can get lucky, but the casino has a lifetime mathematical advantage to consistently profit, and to make consistent profits yourself, you need to become an advantage player and only play when your expected value is over 100%.