Payoff definition and meaning

Payoff is a term that refers to the total amount of money the player has received after placing a bet, making a wager, or simply spinning the reels of a slot machine. Regardless of the type of casino game you’re playing, the term always has the same meaning.

However, the important thing to note is that payoff is not the same as net winnings. Net winnings is a term that refers to the pure profit a player has made from a bet or poker hand, for example. When it comes to the payoff, you can receive a payoff of $1000 after placing a ludicrous bet of 999$ and, even though you’ve won $1000, technically, you’ve only made a net winnings profit of $1.

Therefore, just because someone has won some insane payoff, it doesn’t mean all of it is pure profit, which is why you should check the initial stake and see how much they’ve bet in the first place.

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