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Vigorish (also known as juice, under-juice, the cut, the take, the margin, the house edge or the vig) is the fee charged by a bookmaker for accepting a gambler's wager. In American English , it can also refer to the interest owed a loanshark in consideration for credit.
The house edge of casino games varies greatly with the game. Keno can have house edges up to 25% and slot machines can have up to 15%, while most Australian Pontoon games have house edges between 0.3% and 0.4%. The calculation of the Roulette house edge was a trivial exercise; for other games, this is not usually the case.
The house edge of casino games varies greatly with the game, with some games having an edge as low as 0.3%. Keno can have house edges of up to 25%, slot machines having up to 15%. The calculation of the roulette house edge is a trivial exercise; for other games, this is not usually the case.
There are a wide variety of keno paytables depending on the casino, usually with a larger "house edge" than other games, ranging from less than 4 percent [1] to over 35 percent [2] in online play, and 20-40% in in-person casinos. [3] By way of comparison, the typical house edge for non-slot casino games is under 5%. [4]
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Blackjack players using basic strategy lose on average less than 1% of their action over the long run, giving blackjack one of the lowest edges in the casino. The house edge for games where blackjack pays 6 to 5 instead of 3 to 2 increases by about 1.4%. Player deviations from basic strategy also increase the house edge. Dealer hits soft 17
A blackjack game in progress. Card counting is a blackjack strategy used to determine whether the player or the dealer has an advantage on the next hand. Card counters try to overcome the casino house edge by keeping a running count of high and low valued cards dealt.
There are occasional promotional variants that provide either no house edge or even a player edge. One example is a field bet that pays 3:1 on 12 and 2:1 on either 3 or 11. Overall, given the 5:4 true odds of this bet, and the weighted average paid odds of approximately 7:5, the player has a 5% advantage on this bet.