Payoff Odds

Posted By: Date: 09/16/2016 at 8:26 pm

The form of odds that are conventionally posted in the casinos. Payoff odds specify how much a winning wager will be paid for each wager or chip that was bet. The casinos post the ‘payoff odds’ in terms of the number of chips won relative to the number of chips bet. 

« Back to Glossary Index
Categories:
SHARE