House Edge, RTP and table limits: A beginner's guide to Casino terms
Summary
This article provides a beginner's guide to essential casino terminology. It explains that the house edge is the built-in percentage advantage a casino holds over players in the long term, which varies by game, while RTP (Return to Player) is the complementary percentage paid back. The guide details how table limits function for both bet sizing and casino profit management. It clarifies crucial bonus terms, especially wagering requirements (playthrough), which dictate how many times a bonus must be bet before withdrawal. Finally, it defines common casino slang like 'high roller,' 'whale,' 'comp,' 'fish,' and 'shark,' concluding that understanding this language helps players approach gambling with realistic expectations, viewing it as entertainment with a cost rather than a means to earn money.
(Source:Crypto News)