Payout Percentage (Gambling term)

The “payout percentage” is the percentage of money that a gambling game or machine is expected to pay out to players over time. The payout percentage is calculated based on the odds of the game and the amount of money that is wagered on the game. For example, if a slot machine has a payout percentage of 95%, it means that for every $100 that is wagered on the machine, it is expected to pay out $95 in winnings over time. The payout percentage is a theoretical value that is used to estimate the average return that a player can expect to receive from a game or a machine. In practice, the actual payout percentage may vary from the theoretical value, as it is influenced by factors such as the skill of the player and the luck of the draw.