The mathematical advantage the casino has over players on any given game, expressed as a percentage of each wager.
The house edge is the built-in mathematical advantage that ensures a casino remains profitable over time. It is the inverse of RTP — if a game has a 96% RTP, the house edge is 4%. This means that for every $100 wagered, the casino expects to retain $4 on average over millions of plays. At sweepstakes casinos, the house edge applies to Sweep Coin gameplay in the same way. Different games have different house edges: slots typically range from 3% to 8%, blackjack can be as low as 0.5% with perfect strategy, and roulette is around 2.7% (European) or 5.26% (American). Understanding the house edge helps players make informed choices about which games to play.
Blackjack offers the lowest house edge (0.5% with optimal strategy), followed by baccarat (1.06%) and craps (1.36%). Slots typically have higher house edges ranging from 3% to 8%.
The theoretical percentage of wagered money a casino game pays back to players over time, expressed as a percentage like 96%.
A measure of how often and how much a casino game pays out — low volatility means frequent small wins, high volatility means rare but larger wins.
