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The house edge is a concept that seems to be defined a million times on the Internet, in a million different ways. free online video poker Part of this stems from the fact that the odds and house edge have so many different names, and different ways free online video poker to think about them.
It all comes down to math and two concepts: the odds and the house edge. Put simply free online video poker (alright, not exactly) 'odds' are the chances of losing verses the chances of winning, in any given situation. The 'house edge' free online video poker measures the theoretical commission the house earns by paying winners less than the inverse of the odds they must overcome. So free online video poker the casinos are just shortchanging you with its 'house edge'. For example, if you bet on two columns in roulette, the free online video poker odds are 24 to 14 that you'll win. The casino robs you of two dollars though, by only paying you $12 free online video poker if you win, but still taking all $24 if you lose. So even when the casino has the odds against them, free online video poker in the long run they manage to take just as big a commission.
Another theoretical number you hear the name of free online video poker around the casino is the 'return percentage' or 'pay out percentage' (a familiar term to slots fans). Basically the return percentage free online video poker is just that, the percentage of the money bet that would be returned to the players, again if everything fell into free online video poker a perfect statistical row. Return percentages are no mystery to slots fans, who know it is simply the compliment of the free online video poker house edge. This just means that a 95% payout rate means 100 minus 95, or a 5% house edge. In games free online video poker like blackjack and our old friend video poker however, the return percentage is a variable that changes with the quality of free online video poker play.
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