Payout
The amount of money paid for a win.
In the context of casino gambling, "payout" refers to the amount of money that a player receives from a bet after winning. It is typically expressed in terms of the odds associated with the bet or as a percentage of the total amount wagered. For example, if a player wagers $10 on a game and wins with a payout ratio of 2:1, they would receive $20 in winnings, plus their original bet back, totaling $30.
Payouts can vary significantly depending on the type of game, the specific bet made, and the house rules of the casino. In slot machines, for instance, the payout is often expressed as a percentage known as the Return to Player (RTP), which indicates how much of the total wagered amount is expected to be returned to players over time.
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