It really is outrageous to consider the fact that casino gambling as we know it today didn’t exist before the 16th century, especially with how insanely popular gambling has been in human civilization since well before the birth of Christ. But no, before the Venetians established the Casino di Venezia during harvest season in the 16th century there were no casinos, and people tended to gamble amongst themselves in shady bars and taverns – check out 666 Casino today.
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After the casino arrived things changed quite profoundly within the gambling world, because for the first time there was an overruling hegemony to play against in games like blackjack. This is also where the concept of casino edge first came about, as you cannot get any kind of edge before there is a casino in place to do your gambling in. But what even is a casino edge? Read ahead to find out.
The Basic Idea of Casino Edge
So then, the basic idea of casino edge rests upon the essential principle that is the fact that casinos will not be able to exist if they are losing more than they are winning. The reason why is pretty simple – do you really think casinos will be able to constantly pay out more money than they are bringing in and survive financially? It would be incredibly silly and misguided to think that this was possible, wouldn’t it?
This is why casino edge is a thing at the end of the day, all of these establishments, whether they be online or land-based, simply must make a profit, otherwise they will not be able to keep offering their services. It really is as simple as that. Of course, casinos would not have got so incredibly rich if their house edge was higher than simply what was needed to keep them in business, and this is how they have become so decadent over the centuries.
The Origins of Casino Edge
Where do the origins of casino edge come from? Well, the single biggest development in regard to this was the aforementioned opening of the world’s first casino in Venice. Before this casino edge didn’t really have to exist, because there were no casinos in existence, and therefore no centralised body for gamblers to actually play against.
The Venetian authorities quickly realised how much money could be made from gambling when there is a house edge involved, and this is where the concept originated. Over the course of the next several hundred years casino edge would get more and more prominent, ultimately resulting in the super casinos that we all know and love today.
How to Navigate Casino Edge?
Casinos aren’t usually too keen to publicise the extent of their house edge, however these days it is something that most countries insist on. So if you do enough research you can find out the house edge on a variety of games at a variety of casinos. One of the best examples is in the field of online slots, where RTP – Return To Player – is given on all games. You can also visit to play yukon gold casino.