bank
gambling
Also known as: house
Learn about this topic in these articles:
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- In gambling: Chances, probabilities, and odds
Depending on the bet, the house advantage (“vigorish”) for roulette in American casinos varies from about 5.26 to 7.89 percent, and in European casinos it varies from 1.35 to 2.7 percent. The house must always win in the long run. Some casinos also add rules that enhance their profits, especially…
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