How Is House Edge in Blackjack Calculated?

In blackjack, the house edge is the advantage that the casino has over the player. This advantage is expressed as a percentage of the bet.

The house edge can vary from game to game and from dealer to dealer, but in general it is about 2%. .

The house edge is calculated by taking the player’s bet and subtracting the casino’s winning hand value (or “points”) from it. In most cases, this number is then multiplied by 100 to get a percentage.

So, for example, if a player bets $10 and the casino hands them a 7 with a point value of $20, their house edge would be ($10-$20)/$10 = 20%, or 2%.

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