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How is the House Edge Calculated? Let's use American Roulette as a simple example. The edge is based on the difference between the true odds of winning a bet and the odds the casino actually pays out.
The Catch: Wagering Requirements
The most important concept to understand regarding bonuses is the wagering requirement. This represents a condition that indicates the number of times you must play through the bonus amount before you can withdraw any winnings. For example, a $100 bonus with a 30x wagering requirement means you must place $3,000 in bets before cashing out. Always check these terms before accepting a bonus.
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