Those of you that always talk about dragon
Let me ask you a simple question.
If i flip a coin 10x
The first 9 flips i get heads.
The 10th flip is it high chance i will flip heads again?
Let me try and explain what is the 'calculated loss' and House advantage (HA) in the casino.
If you flip a coin 100 times you can say there is a 50-50 outcome of head and tail happening.
But in everyday real life for every 100 flips this 50-50 outcome occurs only in 12% of the times.
Other times you will get 40+/50+ either way.
So if you bet on the side that occurs more than you win.
In the casino for Slots the casino has set the machine , the RNG (Random Number Generator) to be precise at about 10% HA. Your 'calculated loss' will be 10% of your total bet.
In other words if you bet $10,000 you will lose $1,000. Theoretically, but the casino do very well on these figures.
For tables games The casino make rules that give them for Roulette HA 2.78%., Baccarat 1.35%, BJ/Pontoon !.00% if you play strictly by the book.