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The Monte Carlo Casino, opened in the mid-19th century, established this image of glamour and exclusivity, luring royalty and the super-rich from all over the world. In the following centuries, similar establishments started to emerge across Europe, particularly in spa towns like Baden-Baden in Germany and Monte Carlo in Monaco. These were not just places to gamble; they were luxurious social hubs for the aristocracy, featuring fine dining, elegant balls, and high-stakes games.

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The World's Gambling Superpower
While Las Vegas may be more famous in Western culture, Macau is the undisputed heavyweight champion of the gambling world in terms of revenue. This Special Administrative Region of China is the only place in the country where casino gambling is legal, making it a magnet for high-rollers from mainland China and across Asia. Macau's gambling revenue dwarfs that of Las Vegas, driven by a culture that deeply embraces games of chance and fortune.

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Poor play increases it dramatically. Following basic strategy can lower the edge to ~0.5%. Roulette (American)
High
The presence of two zeros (0 and 00) on the wheel significantly increases the house advantage compared to European Roulette. Roulette (European)
Moderate
The single zero (0) on the wheel cuts the house edge in half compared to its American counterpart, making it a much better choice for players. Casino Activity
Typical House Edge
Key Factors Affecting the Edge


Blackjack
Low
Player skill and strategy are paramount. Simple bets like the Pass/Don't Pass line have a low edge. A 95% RTP means a 5% house edge. Craps
Varies
The edge varies wildly depending on the bet. This is not disclosed on the machine itself in most land-based casinos. Baccarat (Banker Bet)
1.06%
The Banker bet has one of the lowest house edges in the casino, even after accounting for the 5% commission on wins. "Proposition" bets can have an edge of over 16%. Slots
2% - 15%
Each machine is programmed with a specific Return to Player (RTP).

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