Casino House Edge Calculator

Calculate the theoretical house edge (casino advantage) for popular casino games based on specific rules and bet types.

Formulas Used

General House Edge: House Edge (%) = −E[V] × 100, where E[V] = Σ (probability of outcome × net payout)

Blackjack (Basic Strategy): Base edge by deck count + rule adjustments (H17: +0.22%, 6:5 payout: +1.39%, no DAS: +0.14%, late surrender: −0.08%, resplit aces: −0.08%)

Roulette: Edge = 1 − (n/S) × (P+1), where n = numbers covered, S = total slots (37 or 38), P = payout ratio. French La Partage halves edge on even-money bets.

Baccarat Banker: Edge = −(0.95 × P(Banker) − P(Player)) using 8-deck probabilities: P(B)=45.8597%, P(P)=44.6247%, P(T)=9.5156%

Craps Pass Line: Edge = (220 × (−1) + 976 × EV_points) / 1980 ≈ 1.41%

Slots: House Edge = 100% − RTP%

Assumptions & References

  • Blackjack edges assume perfect basic strategy play; deviations increase the house edge significantly.
  • Blackjack base edges by deck count sourced from Wizard of Odds Blackjack Appendix 3.
  • Baccarat probabilities based on standard 8-deck shoe, no burn cards adjustment.
  • Craps edges are per-roll or per-bet-resolved as conventionally reported (Wizard of Odds Craps page).
  • Roulette uses standard payouts; American wheel has 0 and 00 (38 slots), European has single 0 (37 slots).
  • Slot RTP is set by the game manufacturer/casino; regulatory minimums vary by jurisdiction (typically 75%–98%).
  • House edge represents long-run theoretical advantage; short-term results vary due to variance.
  • References: Wizard of Odds (wizardofodds.com), Stanford Wong "Professional Blackjack", Thorp "Beat the Dealer".

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