What is the formula for win/hold?

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Study for the Casino Gaming Management Exam. Prepare with flashcards and multiple choice questions, each question offers hints and detailed explanations. Enhance your understanding and ace your exam!

Multiple Choice

What is the formula for win/hold?

Explanation:
Drop represents all the cash players put into the games, while payouts are the cash paid back to players as winnings. The portion that stays with the casino after payouts is what the house has won, which is the hold. Mathematically, hold equals drop minus payouts, and that retained amount is the win for the house. So the expression win/hold is represented by drop minus payouts. The other forms would either mix inputs and outputs, flip the sign, or give a ratio rather than the net amount retained.

Drop represents all the cash players put into the games, while payouts are the cash paid back to players as winnings. The portion that stays with the casino after payouts is what the house has won, which is the hold. Mathematically, hold equals drop minus payouts, and that retained amount is the win for the house. So the expression win/hold is represented by drop minus payouts. The other forms would either mix inputs and outputs, flip the sign, or give a ratio rather than the net amount retained.

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