Casino Knowledge: Q & A with John G.


 

Q. In casino statistics online from various gambling states, I see casino hold percentages and win percentages in blackjack listed at 16, 17 and 18 percent. How can that be? I know there are some bad players, but no one should be giving the house 16 percent.

 

A. Those hold percentages are not the same thing as the house edge. When gaming board statistics list a hold percentage of 16 percent, it doesn’t mean blackjack players have lost 16 percent of wagers. It means they’ve lost 16 percent of buy-ins.

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