What Is The Payout Percentage?

If you are a player who is keen on playing slot games, you would understand that knowing a slot payout percentage is a piece of beneficial information. But unfortunately, a lot of novices often misunderstand the idea of the payout percentage. Because of their misunderstanding, they usually have an unrealistic expectation of how much they stand to win on the slot.

When novices due to their misunderstanding of what the payout percentage means don’t get what they expect from the slot, they feel cheated and disappointed. More than often such players wouldn’t play the slot game again. But it is such a shame because it their lack of comprehension of the payout percentage that caused the issue, not the online slot or the online casino in question. So, in this article, we would try to clarify what payout percentage means.

What is the Payout Percentage?

Payout percentage means the percentage of the total amount of money a slot would take up from players over a period and then pays it out as winning to a player. The percentage usually ranges from 75% to something around 98%. In essence, the payout percentage varies depending on the slot and the casino.

There is nothing more to what payout percentage means than that, but people often confuse it to mean the number of wins the slot would pay them which is wrong. Some players believe that if they invested real money like £100 in a Slot that has a 98% payout percentage, they would get £198, which is a wrong betting system ideology. Suffice to say that a payout percentage doesn’t mean how much of your wagering money you are going to receive back in a payout.

Payout Percentage – The number of spins

The first thing to note is that organisations like eCOGRA tests and verify the claims on a slot payout percentage. An organisation like eCOGRA achieve this by running a series of tests to authenticate the claim of the slot. It includes spinning the reels of the slot millions of times to generate the actual payout of the slot. It is only when the wheels of a slot are turned a lot of times before the payout percentage would make any sense.

In the real sense, the payout percentage makes more sense to the online casino as it is a statistic which tells them when a slot should payout. So, it is hard for a player to know the payout percentage of a slot. It takes a lot of fund and time to spin the reel for hundreds of thousands of times to generate the payout level of a slot machine.

The main thing to note here is that as a player, making a small number of spin on a slot is almost irrelevant to the payout percentage. The more spins you make on a slot, the more relevant the payout percentage would become for the player. Also, the player would need to spin the reel over a sustained period. So, the best way to view the payout percentage is as a measure of how much the machine can pay out after millions of spins.

Payout Percentage – Structure of payouts

Another key thing to note about the payout percentage is how the payout of the slot machine is structured. Consider this analogy; let us assume there is a particular slot machine with a payout percentage of 98%. And let’s say the slot machine brings revenue of 1,000,000 revenue in a month from players 1,000,000 times spin.

What this analogy means is that 2% of the revenue generated is for the casino, and the remaining 98% goes to the lucky winner of the progressive jackpot.

So, when playing a game of chance, like slot games, scratch cards, roulette tables, keno, lotto and the rest, play them for what they are. These games can bring massive wins for players provided they are lucky. And always remember, there is no harm in trying your luck.

New Customer Offers

100% up to £200 + 11 Welcome Spins Wager-Free

Welcome Bonus

18+. New players only. 11 Welcome Spins Wager-free and 100% up to £200 on your 1st deposit. Min. deposit £10. 7 days to activate the spins. Bonus spins expire 24 hours after activation. Activate the Welcome Bonus within thirty (30) calendar days under the 'My Bonuses’ section. 100% bonus up to £ 200 will be paid out in 10% increments to Main Account balance. 35x wagering. Play Responsibly. Full T&Cs apply. BeGambleAware.org

25 Free Spins + Bonus up to £25

Welcome Package

18+. New depositing players only. Min deposit: £20. Max bonus: £25. 35x wagering applies to match up bonus and spins. Offer valid for 1 week. Full T&C's apply.

Win up to 500 Free Spins on Starburst

Welcome Bonus

18+. New players only, min deposit £10, £8 max win per 10 spins, max bonus equal to lifetime deposits (up to £250), 65x wagering requirements and Full T&Cs apply.

100% up to £300 + 100 Zee Spins + 500 Zee Points

Welcome Package

18+. New players only. Min Deposit £20 Max Bonus Bet £5 Winnings from spins capped at £50 100 Zee Spins valid on Starburst (first 10 credited immediately upon first deposit; rest credited at 07:00 GMT at 10/day). Spins must be used by 23:59 GMT of the day on which they are credited to player account, any unused shall be removed. Bonus funds must be used within 30 days. Bonus funds are separate to Cash funds, and subject to 35x wagering (bonus + cash). BeGambleAware.org

100% bonus up to £50 + 100 Free Spins

Welcome Offer

18+. New players only. Min deposit £10. Wagering requirements apply 35x. Offer valid for 72hr. 100 spins includes 3 deposit. Full Terms and Conditions apply.

100% bonus up to £300 + 300 Free Spins

Welcome Bonus

18+. New players Only. £10 min deposit. £5 max bet using bonus. 40 x wagering applies. Bonus valid for 14 days. 30 Spins on pre-selected games will be credited instantly + then 30 per day for 9 days. Free Spins valid for 72 hours from credit. Max Free Spins winnings £100. Skrill + Neteller excluded. Always refer to Bonus Terms. Full T&C's Apply. www.begambleaware.org

We use cookies and other tracking technologies to improve your browsing experience on our website, to show you personalized content and targeted ads, to analyze our website traffic, and to understand where our visitors are coming from. By browsing our website, you consent to our use of cookies and other tracking technologies. View more
Agree & Continue