Theoretical win percentage is equal to what?

Theoretical win percentage is equal to what?

• A. The total amount wagered
• B. The percentage of outcomes that are wins
• C. House advantage
• D. The hold percentage

Answer: (C)

In casino math, theoretical win percentage shows how much of each wager the house expects to keep over the long run. It’s the house edge expressed as a percentage of the money wagered. So if a game has a 5% house edge, the theoretical win percentage is 5%—for every 100 dollars wagered, the casino expects to profit about 5 dollars on average. The other ideas don’t fit this concept. The total amount wagered is a dollar amount, not a percentage. The percentage of outcomes that are wins is about how often players win, not how much the house expects to keep. The hold percentage describes money retained from a session after payouts and isn’t the same as the long-run profitability per bet.

In casino math, theoretical win percentage shows how much of each wager the house expects to keep over the long run. It’s the house edge expressed as a percentage of the money wagered. So if a game has a 5% house edge, the theoretical win percentage is 5%—for every 100 dollars wagered, the casino expects to profit about 5 dollars on average.

The other ideas don’t fit this concept. The total amount wagered is a dollar amount, not a percentage. The percentage of outcomes that are wins is about how often players win, not how much the house expects to keep. The hold percentage describes money retained from a session after payouts and isn’t the same as the long-run profitability per bet.