House edge

The statistical advantage that a casino has over players in a game.

1. Martingale Strategy Gotchas (Hidden Dangers)
2. Risk of Ruin: Kelly Criterion Vs Fixed Betting (Explained)
3. Kelly Criterion: Risk of Ruin Vs Drawdown (Unpacked)
4. Optimal Bet Size: Kelly Criterion Vs Percentage Betting (Defined)
5. Skill-Based Games vs Chance-Based Games (Player-Centric Gamification Tips)
6. Kelly Criterion Vs Gambler's Fallacy (Unpacked)