Gambling terms, explained straight

Odds, Probability & Bankroll

Hold percentage

The share of chips bought by players that a casino keeps as profit over a given period, expressed as a percentage.

Formula
Hold ÷ total chip purchases × 100%
Example
$200 hold on $1,000 purchases = 20% 1
Maximum
100% if every player loses their entire purchase 2

Key points

  • Hold percentage measures actual casino profit over a period, not a fixed theoretical edge. 3
  • Unlike house edge, which compares expected profit to wager, hold compares actual profit to chips bought. 3
  • The same chips can circulate among players, so hold percentage is an observed outcome, not a game property. 4

Where this term is used

Sources

  1. Gambling Glossary wizardofodds.com Provides the definition, formula, and example calculation for hold percentage.
  2. House Edge of Casino Games Compared wizardofodds.com Gives a second table example and notes the 100% maximum hold scenario.
  3. Ask The Wizard #231wizardofodds.com › Ask The Wizard wizardofodds.com Distinguishes hold percentage from house edge and explains it as a measured outcome.
  4. Roll Until All Bets Resolved... wizardofodds.com Explains that chip circulation makes hold percentage an observed outcome over a period.

Sources are drawn from regulators, universities and published research, and each one is labelled with what it actually is — a preprint is not called a paper. Bookmaker and affiliate pages are never cited here, because a page that sells betting is not a neutral authority on it.