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How Online Casinos Profit?

Playing online casino games today is one of the most widespread forms of entertainment in the world. In countries such as Australia, where the highest percentage of people play casino games in terms of population, this is indeed a big business.

Some online casinos make more profit than others. In line with this, the questions arise: How do they profit? Does the casino always win?

The profit that a casino makes basically revolves on the idea that a lot of people are playing, each with a tiny bit bigger chances of losing than winning, which is known as the house advantage.

In a similar way, with games like lottery many people try their luck but only few actually win. The percentage that is returned to players is much greater in online casinos, and typically reaches 95% to 99%. Still, the small mathematical house advantage that casinos have starts to show over time, giving them profits.

However, keep in mind that choosing the best online casinos to play in always gives players astronomically higher chance of winning compare to the lottery.

What is the House Advantage?

WHen it comes to the house advantage, the exact percentages differ from one game to another. For example:

  • Blackjack gives casinos an advantage of only 0.4% provided that the player literally uses what is called "Blackjack basic strategy".
     
  • In roulette, players who go for black and red, or large and small series, have almost fifty-fifty chance of winning or losing. Roulette table has 36 numbers plus zero, so the chance to get a zero is 1 in a 37. This is the only advantage that the casino has over players, and although this advantage is a small one, over time it will begin to show results.

An important thing to consider is that this is only true with European roulette, which has only one zero. American Roulette has two zeros, so the casino advantage is double compared to the European roulette. Having that in mind, we can conclude that it is much better to play European Roulette than American Roulette.

In a Nutshell

Learning roulette is very easy – and the house advantage is just 1 in 37. With blackjack the house advantage is 0.4%.

Top players are constantly looking for ways to increase their chances of winning. Systems and strategies help – but know that there is no such thing as a foolproof system for roulette or any other casino game. However, there are systems that help increase your chances of winning.

Make sure to study the tips, calculators and tables with the percentages to increase your chances of winning. Coupled with the bonuses that online casinos offer, your chances will be greater than ever. Stay clear of expensive and useless systems offered over the Internet.

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