How does the casino collect the house edge?
A) Reduce 0,5% from every bet
B) Reduce 0,5% from the total amount wagered
C) Via the number of bets a player loses
It depends on the house edge you are pertaining. There’s a theoretical and actual house edge which A & B are both correct depending on the house edge you are talking about.
Theoretical house edge is deducted every bet while actual house consider the total wager and profit/loss to determine the house edge.