Most casino games are game of chance where both casinos and players have equal chance of winning. But, the fact shows that the casinos are the winner in the long runs. Most players will lose their money back to casino no matter how much he/she wins previously. What actually make the players lose their money to casinos in the long runs? Here are the 3 key factors that cause most players lose their money at the end: house edge, maximum limit and psychology factor.
The House Edge
Like other business, casinos need to ensure they make sufficient profit from their gambling business. That’s why casinos need to have slightly better winning edge compare to players. The mathematical advantage of casino against its players is known as “the house edge”. Casinos place the house edge on each type of games, for example in European Roulette game: it adds a “0” on the wheel making the betting on Big/Small, Odd/Even and Black/Red have a house edge of 2.78%, which means in the long run, the casino will win the 2.78% of the money bet on Big/Small, Odd/Even and Black/Red in Roulette game. If you play on game which has house edge of 5.56% versus 2.78%, meaning that you will lose your money twice as fast as in the second one. Now you know why you lose the money faster in certain games than others?