A casino has a statistical arbitrage in every game of chance that it offers — referred to as the house advantage, house edge, vigorish or house vigorish.

This advantage is called the house edge.

While it is possible through skillful play to minimize the house advantage, it is extremely rare that a player has sufficient skill to completely eliminate his inherent long-term disadvantage ( the house edge ( HE ) or house vigorish ) in a casino game.

Therefore, the house edge is 5. 26 %.

The house edge of casino games vary greatly with the game.

The calculation of the Roulette house edge was a trivial exercise ; for other games, this is not usually the case.

In games which have a skill element, such as Blackjack or Spanish 21, the house edge is defined as the house advantage from optimal play ( without the use of advanced techniques such as card counting ), on the first hand of the shoe ( the container that holds the cards ).

It is important for a casino to know both the house edge and variance for all of their games.

The house edge tells them what kind of profit they will make as percentage of turnover, and the variance tells them how much they need in the way of cash reserves.

A 12 will draw ( push – neither win nor lose ), ensuring that the house maintains its edge over all players, whether they bet pass or don't pass.

There are two very slightly different ways to calculate the odds and house edge of this bet.

A maximum odds bet on a minimum pass line bet often gives the lowest house edge available in the casino.

However, the odds bet cannot be made independently, so the house retains an edge on the pass line bet itself.

The true odds are 17: 1 and 35: 1, resulting in a house edge of 11. 11 % and 13. 89 % respectively.

The place bet to lose typically carries a lower house edge than a place bet.

Players will find a wide variation of keno paytables from casino to casino and a large deviation in the house edge set for each of those paytables.

Additionally, each casino typically offers many different paytables and specialty keno bets for customers to choose from, each with its own unique house edge.

The house edge ranges from less than 4 % to well over 35 %.

The typical house edge for non-slot casino games is between 0 % and 5 %.

The rules of the game are structured so that the banker hand wins slightly more often than the player hand ; the 5 % vigorish restores the house advantage to the casino for both bets.

`` Dandy is to be our house guest, Louis.

Since it is not far from Viareggio, he will visit Puccini's house, as he never fails to do, to pay his respects to the memory of the composer of La Boheme, which he considers one of Puccini's masterpieces.

For the occasion on which everyone already knows everyone else and the host wishes them to meet one or a few honored newcomers, then the `` open house '' system is advantageous because the honored guests are fixed connective points and the drifting guests make and break connections at the door.

The novel, which is not merely dystopian but also brilliantly satiric, describes a future America where one-sixteenth of the population, the men who run advertising agencies and big corporations, control the rest of the people, the submerged fifteen-sixteenths who are the workers and consumers, with the government being no more than `` a clearing house for pressures ''.

Across the way from the apartment building is a ruined house, shot to hell that day in 1849, and left that way as a memorial.

Like everything else in Rome, ruins and monuments alike, that house is lived in.

The only response we can think of is the humble one that at least we aren't playing the marimba with our shoes in the United Nations, but perhaps the heavy domes in the house of delegates can improve on this feeble effort.

She's been in and out of my house for a dozen years now, although she's still a teen-ager who looks like a baby, she is getting married.

Then he thought of Aaron Blaustein standing in his rich house saying: `` God is tired of taking the blame.

It is a full scale, small, but efficient house that can become a year 'round retreat complete in every detail.

But if space and money are no problem and small children are not on hand every day, it is certainly more restful to have your pool and entertainment area removed from the immediate environs of the house.

( To avoid any possible excuse for a dripping parade through your house, it is a good idea to have a telephone extension near the pool as well as a direct outdoor route between the pool, and the parking area.

Of course, if your pool is close to the house, your wife can always add it to her housekeeping chores ( you hope ).

You can install it yourself -- this is a central system that will cool every part of your house.

If your house is to have a forced warm air system, cooling can be a part of it.

The minimum cost for an average one-story, 7-room house with basement, is likely to run $1500 above the cost of the heating alone.

A BTU is a unit of heat, and the BTU rating of a conditioner refers to how much heat your machine can pump out of your house in an hour.

A very rough rule of thumb is that, under favorable conditions, you'll need 15 BTU's of cooling for every square foot of your house.

The way a house is set on its lot can therefore influence how much cooling you're going to need.

The idea of a central tank with lines to each house is not in itself a novelty.

Last wall Bob Schmitt erects is the wall between the house and garage.

But now many of these same builders are finding they can cut their costs more by teaming up with a dealer who has volume enough to afford the most efficient specialized equipment to deliver everything just where it is needed -- drywall inside the house, siding along the sides, trusses on the walls, roofing on the roof, etc..

The puzzled saleslady inquired, `` How large is your house, Madam ''??

`` Oh, I forgot to say that if one is taken to the funny house in the funny wagon, he is removed to a mental institution in an ambulance.