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Gambling/General : Does the size of a bet effect the odds?

By Joni Hawk

Level: May 14th 2007
Dear Mark,

Does the bet size ever influence the house advantage? For example, does in make any difference if you bet £5 on red in roulette or £500? Clay S.

None whatsoever, Clay. Every single casino game has a built-in edge working for the house. This house edge does not discriminate against the size of a wager. With your example, the casino will hold the same 5.26% advantage on a red wager in roulette whether you bet £5 or £500. Friend of mine invented a game in which the dealer could do just what you suggest‹alter the odds during play. Chance that his invention will see casino life: Zilch, Zip, Nada.

Gambling thought of the week: "Gambling is a principle inherent in nature." ‹Edmund Burke, House of Commons speech (1780)
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