Casino & Slots

House Edge

Quick Definition

The mathematical advantage that the casino game has over the player over time.

In-Depth Explanation

The House Edge is the inverse of RTP (House Edge = 100% - RTP). It ensures that the casino remains profitable in the aggregate. European Roulette with a single zero has a house edge of 2.70%, while American Roulette with double zero has a house edge of 5.26%.

Real-World Example in Practice

In Blackjack with optimal basic strategy, the house edge can be reduced to as low as 0.5%.

Related Terms & Concepts

Return to Player (RTP)

The theoretical percentage of all wagered money that a casino game wil...

Volatility (Variance)

The risk level and payout distribution frequency of a casino slot game...

Wagering Requirements (Rollover)

The total amount of money you must bet before bonus funds and associat...

Progressive Jackpot

A grand prize pool that grows with every bet placed across a global ca...

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