Glossary: E
- Early Surrender
- An option or a player to fold a hand after seeing their first two
cards and reclaim half their wager. "Early" is generally redundant,
as this is the normal rules, but it may be used to differentiate a
normal surrender from "late" surrender.
- Edge
- The mathematical advantage in a game, always expected to be to the
house. This does not include any profit that is gained by mistakes
or foolish wagers players may make.
- Even Money
- A one-for-one payoff. Even money is an option offered to players
who are dealt a blackjack when the dealer is showing an ace—the
player may accept even money (rather than the typical 3:2 payoff)
immediately rather than risking a tie (hence no payoff) when the
dealer's hole card is checked.
- Expected Win Rate
- The percentage of the total amount wagered that the player can be
expected to retain over time. It is almost always less than 100%.
- Eye (in the Sky)
- An observation post or camera used by the casino to observe and
record the game.
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