Payout Percentage
Also referred to as the payback percentage, the percent of each dollar played in a video or slot machine that the machine is programmed to return to the player. Payback percentage is 100 percent minus the house edge.
The term "Payout Percentage" refers to the proportion of the total amount of money wagered on a gambling game that is paid back to players over time. It is usually expressed as a percentage and indicates the expected return to players relative to their total bets.
For example, if a slot machine has a payout percentage of 95%, it means that, on average, for every $100 wagered, $95 will be returned to players as winnings, while the remaining $5 represents the house edge or profit for the casino. Payout percentages can vary widely among different games and machines, and they are an important factor for players when choosing where to gamble, as higher payout percentages generally indicate better odds for the player.
« Back to Glossary Index