The house edge is the difference between the true odds and the odds that the casino pays you when you win. If you bet $1 on a coin toss and win $1 for your wager, then you are getting what’s called an even number bet, or true odds.Īt casinos, you aren’t always getting the true odds.
On each bet you place the casino has a built-in profit system that allows them to take a very small percentage of your winnings.
House edge is the way that casinos make money. It is important to take into account the house edge when sizing up the available bets for Big Six Wheel. In other words, a Big Six Wheel can be broken up into monetary segments with a $1 segment appearing most frequently, giving it better odds but a lower payout. The dealer will turn the wheel once and wherever the wheel stops determines the winning wager. Each of the 6 segments appears at a different frequency giving players different odds that they can use to determine the most logical bet. Each segment is labeled with a monetary value or symbol, depending on the variation of Big Six Wheel being played. The wheel will offer 6 different segments for players to bet on. As mentioned previously there are six different ways for players to bet on Big Six Wheel.
