🏠︱Rake & House Edge
The PlayLand platform allows game owners to customize rake and house edge settings for every game. These settings influence the game's profitability and the maximum allowable bet size, aligning with strategic financial management and competitive gameplay.
Configuration and Transparency
Customization: Game owners can tailor rake and house edge based on game dynamics and target player demographics.
Metadata Storage: Settings are recorded in the metadata of the GAME NFT, ensuring accuracy and immutability.
Visibility: All users can view these settings before engaging with a game, promoting informed decision-making.
Influence on Bet Size
Higher rake or house edge reduces the game's payout liability, allowing for larger maximum bets within the same liquidity constraints.
Examples of House Edge and Rake
Blackjack: House edge ranges from 1% to 2%.
Roulette: American roulette has around 5.26%; European roulette has about 2.7%.
Slots: House edge varies from 2% to 10%.
Baccarat: House edge is approximately 1.06% for banker bets and 1.24% for player bets.
Poker Rake: Generally ranges from 2.5% to 10% of the pot, with a cap.
Sports Betting Rake: Typically about 5% to 10%.
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