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But if it only paid out $0.95 for every $1 bet, that 5-cent difference would be its edge. The house edge is derived from the gap between the true odds of an outcome and the payout odds offered by the casino (Discover More Here). If a casino paid out $1 for every $1 bet on a correct guess, it would have no edge. Every casino game is designed with a similar, albeit more complex, mathematical imbalance that favors the house. For casino [https://zewelstaff.com/] example, in a coin toss, the true odds of heads are 1-to-1.
