Roulette Edge Question

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Your comps will be far less than your expected loss.

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I dont really understand the meaning of "comps". What is it actually? Do every casino allows it? Thanks in advance.

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Comps are gifts from the casino to encourage you to play there again. Generally, casinos are happy to comp you up to about 1/3 of your expected loss. They estimate how much you are playing, and your expected loss, to determine how much you are worth, and which comps you get.

Some people try to get comped more than they expect to lose. This can be done when the casino overestimates how much you are wagering, such as when you are varying your bets, or overestimates the house advantage, such as when you are playing blackjack or video poker using proper strategy and have a house advantage of perhaps 0.5% instead of the typical 2-3%. Neither possibility will apply if you are flat-betting on roulette.

Comps may be worth a different amount to the recipients than they cost to the casino. If you don't care about champagne, having an expensive bottle placed in your room is a waste of a comp. On the other hand, if there are extra rooms, it may cost very little for the casino to put you in one, but it may save you the full price.