The house edge should not be confused with the hold.

The house edge ranges from less than 4% to well over 35%.

However, buying the 4 or 10 can reduce the house edge to 4.76 percent.

In a fair game, this provided the only "house edge".

Using the strategy above, the house edge can be lowered by up to 2.3%, which is pretty significant.

Knowledge of what other players hold can decrease the house edge.

In other words, the house edge is a whopping 25 percent.

Craps pay 7 to 1, with a house edge of 11.1 percent.

Also games with a lower house edge often have a higher minimum bet.

The more you can add to your odds bet, the lower the house edge.