House Advantage / House Edge ( blackjack)

The term "house edge" refers to the percentage advantage of casino over the player.

 

House Edge ( baccarat )

The casino's advantage over the player. In baccarat the best bet is always on the banker and the fewer
the decks the better the banker bet. Eight decks baccarat has a house edge of 1.06% / 1.24% (banker bet / player bet).
One deck baccarat has a house edge of 1.01% / 1.29%. These differences in percentage do not seem large,
but they do have a considerable impact on play in real life. Dealt and played using "standard" rules,
a winning Banker bet is charged a 5% commission. If ties pay 8:1 the casino's advantage is 14.11% on ties.
If ties pay 9:1 the casino's advantage is 4.8% on ties. In some casinos, ties are permitted to be bet on.

House Edge ( keno )

Also known as PC (percent casino). The percent of all wagers the house can expect to win, over a period of time.
Can vary widely, but normally is about 30%.

House Edge (roulette)

The mathematical advantage of the casino has on a given bet. The house edge is set at 5.26%, resulting from
the player receiving odds of 35 to 1 rather than the true odds of 1 in 36 or 37 to 1. All in all, that edge is comparable
to the "rake" in poker, and in some bets on the craps table, in Baccarat and other games including sports betting.
The single 0 European roulette wheel has a house edge of only 2.70%. The player has a 1 in 37 chance of winning and still gets 35 to 1.