The Player's Bet Size on Casino House Edge
It is already a common knowledge that all casino games have the standard house advantage which is responsible for giving the casino a natural edge over their players. This is how a casino establishment earns profit for their business. The house advantage is already a set percentage that is pre-determined in all casino games.
Many casino players often have misconception that the size of their bets can significantly affect the casino house advantage and believe that it can relatively change the odds of wining from playing the casino games.
This can be especially confusing for a newbie casino player. They might think that bigger amount of bets can give them better chances of winning. But for a seasoned casino player who understands the nature of the house advantage on all casino games, they will know better that the amount of the bet size of a player will not in any way affect the odds of their games.
A slot machine with a house advantage of 5% for instance will have the same house advantage when the player either places a bet of $5 or 1$ to the slot machine. But of course it is fairly common to see casino players who have lost from their games to increase the size of their bets in order to help recoup their losses when they win big.
The purpose why casino players try to increase the size of their bets for instance on a slot machine is mainly due to the payout that they will be winning in case of hitting a jackpot. When they play for the maximum number of coins on a slot machine, the casino player can possibly win 4,000 coins instead of winning 25 coins for a single coin bet.
The expected return from a game becomes higher as a casino player increases the amount of their wagers but take note that the odds of the game remains to be constant. The bet size of a player cannot change the house edge of a casino game and will not increase or decrease their chances of winning or losing from a casino game.
Playing at higher stake poker will usually require players to place larger bets. As more money is contributed into the pot from the player's wagers, the pot size also grows. This increases the amount of jackpot that can be won by poker players but the odds of the game will be reliant on the skills of the players on how well they play with correct poker strategies.
The chance of winning in poker is solely reliant on the skills and strategies employed by poker players and are independent of the bet size of each player. Taking these into account, the bet size of casino players can only affect the expected return they can get from playing a casino game but will not anyhow affect the house edge of all casino games.