RTP, House Edge & Hold — What the Percentages Mean

Three numbers describe the mathematics of every casino game. Understanding them is the difference between reading the market honestly and being misled by a headline.

Return to player (RTP)

RTP is the share of total wagers a game is designed to return to players over the very long run. A game advertised at 96% RTP is built to pay back C$96 for every C$100 wagered — averaged across millions of rounds. It says nothing about any single session, where results swing widely in both directions.

House edge

The house edge is simply the flip side: 100% − RTP. A 96% RTP means a 4% house edge — the mathematical advantage that, over time, makes gaming revenue for the operator and, in a regulated market, revenue for the province. Every legal game has a house edge; that is how the market exists.

Illustrative house edge by game type (typical ranges — verify each specific game)
GameTypical RTPHouse edge
Blackjack (basic strategy)~99.5%~0.5%
Baccarat (banker bet)~98.9%~1.1%
Roulette (single zero)~97.3%~2.7%
Roulette (double zero)~94.7%~5.3%
Online slots (typical)~92–97%~3–8%

Ranges are illustrative industry norms for orientation; the exact RTP of a specific regulated game is published by its supplier and verified under AGCO standards.

"Hold" — the market-level view

At the level of a whole market, analysts talk about hold: gaming revenue as a percentage of total wagers. It is the real-world, all-games-combined counterpart to house edge, and it is why a market can report enormous "wagers" while actual revenue (player losses) is a small fraction of that figure. We spell out both numbers wherever we can — see Online vs Retail.

The honest takeaway

Over enough play, the mathematics favour the house on every game. RTP is a long-run design figure, not a promise for your session. Set limits, treat any spend as the cost of entertainment, and if it stops being fun, step back.

Last reviewed: 2026-07-29.