What Is Payback in Gambling?

Payback, also known as Return to Player (RTP), refers to the percentage of all wagered money that a casino game is expected to return to players over time. It is a key concept in understanding the long-term value of a game, particularly in slot machines and video poker.

How It Works

• Expressed as a percentage (e.g., 96% RTP).
• A game with 96% payback returns $96 for every $100 wagered—in theory, over millions of spins or hands.
• The remaining 4% represents the house edge, or the casino’s expected profit.

Where It Applies

• Slots: Every machine has a programmed payback rate, which can vary widely (typically 85%–98%).
• Video Poker: Some variants offer high payback—up to 99%+ with perfect play.
• Table Games: While not typically labeled with an RTP, games like blackjack or roulette have a known statistical house edge.

Misconceptions

• Payback is not a guarantee of short-term results. Players can win or lose far more or less in a single session.
• It’s a long-term average based on millions of rounds.

Why It Matters

• A higher payback means better value for the player.
• Understanding payback helps players make informed decisions and manage expectations.
• Some online casinos publicly display RTP figures for transparency.

Payback is a critical measure of how “generous” a casino game is over time. Knowing a game’s RTP can help players choose games wisely and play with realistic expectations.