It is not completely correct if we are referring to the games provided by Stake. The house edge of Plinko is 1% while Baccarat is 1.1%. What is good in plinko is that there is a guarantee 20% back of every bet you place because there is no 0x payout.
Had no idea this was the plinko style never seen it before except on custom rows (which you can do in most other plinko as well).
1% is seemingly looked down on or overlooked by a lot of players for some reason. Still people preferring to play at 2% or even more. Which really is double the house edge! Guess people still do not get what HE means.