How do I read and understand the house edge stats listed in casino game wikis?

If you see a game advertised as having a 1% house edge, it means that, on average, the casino will retain $1 out of every $100 wagered. You want to find those with small numbers. Just be aware that these are averages over thousands of bets. More importantly, the best advice for newcomers is to look for games that give you the best odds and are enjoyable to play. The house edge only tells part of the story. Play responsibly, learn the rules, and never spend more than you can afford to lose. Good luck！

The house edge is the casino’s average percentage profit on your bets over a long period. The higher the house edge, the more money the casino makes. If the house edge is 1%, then, on average, the casino would profit $1 from you if you wagered $100. Blackjack has a lower house edge (roughly 0.5%) than slot machines (5-15%), but it also depends on the rules and how well you play. The higher the level of variance – that is, the larger the swings between wins and losses – the greater the risk of losing a lot of money quickly, but the more chance there is of a big win. A lower house edge means a longer life expectancy. That’s what I know!