Add 'Understanding Casino Odds and House Edge'

Understanding-Casino-Odds-and-House-Edge.md

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+<br>Anyone who visits a casino dreams of hitting a massive jackpot. But, the reality is that casinos are designed to make money. This constant revenue is driven by an built-in advantage called the casino advantage. To become a smart player, you need to understand how odds work prior to making any real money wagers.<br>
+Defining the Casino Advantage
+<br>The casino's advantage is basically the exact percentage that the casino keeps over you over thousands of bets. For instance, if a particular slot shows a 5% margin, it implies that theoretically, the casino will keep $5 for every $100 bet. Do not assume you lose 5 percent every time, because immediate volatility gives you the chance to walk away a winner.<br>
+Evaluating Winning Chances in Casino Formats
+<br>Not all casino games are created equal. Certain titles are known to have massive casino advantages, while others are much more favorable to the bettor. Skill-based games, like classic 21, enable players to reduce the advantage by making correct choices. On the other hand, random activities like many side bets give the casino a massive lead.<br>
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+Blackjack has the lowest edge if played with basic strategy.
+European Roulette is better since the odds are superior.
+Do not play side wagers since their math is terrible.
+Classic video poker can almost break even if played flawlessly.
+
+A Summary of Casino Edges
+<br>To make things clearer, we have created a quick reference table highlighting the standard [casino](https://gitea.anessen.xyz/chloethorn6919/chloe2018/wiki/How-to-Organize-a-Casino-Night-at-Home) advantages of common casino games. Do not forget that slight game changes can alter these odds.<br>
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+Casino GameAverage Casino AdvantagePlayer Input
+BlackjackAround 0.5%High
+Punto Banco1.06% (Banker Bet)Zero Skill
+European RouletteExactly 2.7%Minimal
+American RouletteOver 5%Low
+Standard Slots2% - 10%Pure Luck
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+<br>Ultimately, casinos are not charities. The casino's margin ensures that the house always wins eventually. However, by playing options with better odds and keeping your funds safe, you can significantly increase your chances of walking away a winner. Understanding math is key when entering the casino floor.<br>