Casino Industry Glossary

House Edge

Betting Systems, Strategies & Mathematics

The mathematical advantage the casino holds over players, expressed as a percentage of each bet.

In practice

Varies by game: baccarat ~1.06%, blackjack ~0.5% (with basic strategy), roulette 2.7%-5.26%.

One entry from the Casino Industry Glossary — 1,157 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.