What is the difference between the hold percentage and the house edge?

[Julio88]

The hold percentage is the ratio of chips the casino keeps to the total amount of chips bet in a game while the house edge is the theoretical statistical advantage in favor of the house. The house edge is the percentage of each bet that the casino is expected to retain over the long run. The hold percentage is the actual earnings of the house divided by the amount of chips bet in the game. The house edge is the average amount that the casino expects to keep from each bet, while the hold percentage is the actual amount of money the casino keeps from each bet.

 

[Crazy_winner]

The hold percentage measures the actual short-term profitability of the game based on the present betting activity, as opposed to the house edge, which is a theoretical evaluation of a casino game's profitability based on the odds and payouts.

 

[Baniro]

Hold Percentage: The hold percentage refers to the portion of player bets that the casino retains or "holds" as revenue. It is calculated by dividing the casino's net win (the total amount of money won from players) by the total amount wagered by players. The hold percentage is expressed as a percentage and represents the casino's profit margin.

House Edge: The house edge, on the other hand, is a statistical measure of the casino's advantage or expected profit over the long run on a particular casino game. It represents the percentage of each wager that the casino mathematically expects to win on average.

 

[Nii]

The casino does not pay the winning as it is stated on your ticket. They have a small fraction they keep for themselves from all bets placed by players. That small fraction is the hold percentage.

The House edge is the small amount the house keeps aside on winnings per game and per player. It is different for each and every casino game.