The House Knows Everything, You Know Almost Nothing

Information Asymmetry in Online Gambling and Why It Matters.

Imagine playing poker where your opponent can see your cards, knows the probability of every hand, tracks your every move, and analyzes your behavioral patterns. Meanwhile, you only see what they choose to show you.

Sounds absurd? Yet this is exactly how modern online gambling works.

Introduction

It’s always struck me as unfair that you can’t find out the real odds of hitting a max win or jackpot, and that casinos and providers say “we return 97% to you” instead of “we take 3% of every bet.”

As an advantage player, I’ve always wanted to know more: about game volatility, payout distributions, the true value of bonuses, free spins, and other promotions.