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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 casino the payout odds offered by the casino. If a casino paid out $1 for casino (for beginners) every $1 bet on a correct guess, casino it would have no edge. Every casino (Discover More Here) game is designed with a similar, albeit more complex, casino mathematical imbalance that favors the house. For example, in a coin toss, the true odds of heads are 1-to-1.