If the casino does not reduce the 0,5% house edge from every bet, how does the casino collect the house edge?
It was literally explained in great detail in my post. Here it is again for you.
https://talkimg.com/images/2025/03/01/qbrVq.pngYes, the first paragraph of this analysis confirms that the casino collects the house edge via the number of bets a player loses!
Confirmation 1)"Analysis:
The house edge is not something the casino "reduces" or substracts from your bet in a literal sense."
This statement confirms the following:
How does the casino reduce or substract the house edge?
A) Reduce or substract 0,5% from every betB) Reduce 0,5% from the total amount wageredC) Via the number of bets a player loses
[Confirmation 2)"Analysis:
In Blackjack, with a house edge of 0.5%, this means that for every $100 you wager, the casino expects to keep $0.50 on average, and you expect to get $99.50 on average."
This statement confirms that the player will lose 0,5 bets every 100 bets
a) 100 bets per $1 = $100 total amount wagered.
b) The $0.50 I will lose on average per 100 bets means I will lose
a half bet per 100 bets
