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Casino Industry Glossary

Payback Percentage

General Casino Terminology

The percentage of wagers paid out by a slot machine over time. Closely guarded by casinos.

In practice

Slot machine mathematical term; inverse of house edge.

More in General Casino Terminology

Rake·Marker·Capping Placing·Four·Cage·Spooking·Floor Person·Barber Pole

One entry from the Casino Industry Glossary — 1,157 terms written for surveillance, compliance and operations professionals rather than for players. Definitions describe industry usage; where a term carries a regulatory meaning, verify against the instrument that governs your jurisdiction.