Casino Industry Glossary

Casino Advantage

General Casino TerminologyREPORTED

The edge that the House has over the players. Also known as the House Edge.

In practice

Mathematical/statistical term.

One entry from the Casino Industry Glossary, 1,090 terms written for surveillance, compliance and operations professionals rather than for players. Definitions describe industry usage; where a term carries a regulatory meaning, verify against the instrument that governs your jurisdiction.