In the context of gambling, table hold is the amount of profit gained by a gaming house during a certain period of time. It is usually calculated as the percentage of chips retained at gaming tables in relation to the amount given out at the cashier’s cage. In effect, this is a way of calculating the true house edge for the day.
Explaining Table Hold
Let’s say we own a very small casino whose cashier hands out $10,000 worth of chips to players. If $1,000 remains at the tables at the end of the day, then the table hold is 10% ($1,000 / $10,000 = 10).
Table Hold:
- The amount of profit gained by a gaming house during a certain period of time.