A house edge of 1% would mean for every 100 chips you bet, you should expect to lose 1.
Third, try to spend most of your chips in games that have a low house edge. You can even do this from your pause menu by going to stores, then cashier! Also goes without saying but try to pickup your free chips every 15 minutes you're in game. Second, do all the daily stuff and try to log in every day if you can. The stipend of free chips you get makes it easier to keep a level amount and even grow. Making small bets means you're more likely to average out and keep about the same amount of chips over the long run. You should never bet more than 10% of your holdings unless you know what you're doing.
Try to keep bets between 1% and 5% of what you have when you can.
