Home

Top Casinos

Casino Offers

Jackpots

Slots

Video Poker

Blackjack

Roulette

Baccarat

Free Games



Gambling/General : Casino Payback Percentage Explained

By Joni Hawk

Level: May 14th 2007
Exactly what does it mean when a casino advertises that its payback percentage is such-n-such percent?

You speak of slot machines, n'est pas? Each machine is scrupulously designed and tested to assure the casino a definite payback. The "payback percentage" is the portion of the money that is put into the slot that is eventually paid out to the player.

For example, with a payback of 95%, the casino would latch onto about 5% of all money put into the slot. You, Dorothy, should get back 95p of every pound you insert. Of course, don't expect 95p to clang in the tray for every pound's worth of plays. The percentage return is a long-term concept.

Your gaming time line is possibly limited to 200 yanks of the handle, not millions, so any percentage return (as low as a goose egg to as high as a mega-jackpot), can, and will happen. But, of course, if you knew ahead of time what the result was going to be, you wouldn't be playing, would you?
In most gambling jurisdictions, the law requires that payback percentages be above a threshold level, commonly around 75%.

Fortunately, the payback percentage in most casino machines is much higher than the minimum, even some advertised as high as 98%-plus. It's those machines advertised for high paybacks, Dorothy, which you want to play on. Leave the rest for the slow learners.
 532 articles (Drinking and gambling don't...)  |   articles home  |   (My Gambling System of don'ts)


TopCasinoOffers.com is an independent information website, not affiliated with any casino.
Copyright © 2003-2009 TopCasinoOffers.com - All Rights Reserved





Casino Articles //  Gambling/General //  Casino Payback Percentage Explained

ARTICLE CATEGORIES

Asian Games (2)
Baccarat (10)
Blackjack (79)
Bonus & Keno Games (15)
Craps (14)
Gambling/General (278)
Progressive Jackpots (2)
Roulette (22)
Slots (23)
Table Games (74)
Video Poker (13)

TOP CASINOS - NOV

Rank Name
1. WinPalace Casino
2. Slots Plus Casino
3. Rome Casino
4. Cherry Red Casino
5. Rushmore Casino

GAMES BY SOFTWARE

Playtech Games Microgaming Games RTG Games

CASINO SCHOOLS

Learn Blackjack Learn Slots Learn Roulette Learn Craps Learn Video Poker Learn Baccarat

GAMING INFORMATION

Casino Articles Casino News Casino Winners Beginer's Guide World Casinos Directory Casino Jokes Tournaments

OTHER SITES

Online Scratch Cards

SPONSORS

Sign-In  |  Register