Do Casinos Lose Money on Roulette?

Casinos across the world have long been known for their popular games like blackjack and poker. However, over the years, roulette has become one of the most popular games played in casinos.

Roulette is a game where a player bets on whether the number shown on the roulette wheel will be larger than or smaller than a certain number.

Despite being one of the most popular games in casinos, roulette is not without its risks. Casinos often lose money on roulette due to a variety of factors, including the house edge (the percentage of profits that the casino makes on every bet). The house edge on roulette varies depending on the casino, but it can be as high as 0.

9%. This means that for every $100 that a casino bets, it makes $90 in profits.

Despite this high house edge, roulette remains one of the most popular games in casinos because it is so unpredictable. A player can never be sure which number will be hit on the roulette wheel, which makes it very exciting to play.

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