What is a payout in gambling?

Video lesson: What is a payout in gambling?
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What is a payout in gambling? You're right, daddy. The ace didn't help me. I flopped the nut straight. Motherfucker! You fool! You young punk! That's it? What the fuck are you talking about, that's it? This son of a bitch, all night he — check, check, check. He trapped me! Well, are you feeling satisfied now, Teddy? Because I can go on busting you up all night. He beat me. Straight up. Pay him. Pay that man his money. That was Rounders — Teddy KGB conceding the whole night: he beat me, straight up, pay him. What gets paid out is exactly what this lesson is about. The total returned on a winning bet: stake plus profit. In plain terms: What the book hands back if you win — your bet plus your winnings. Payout includes your stake back — profit is the payout minus the stake. “My three-team parlay has a 6 to 1 payout.” Let's use this example. A $100 stake at minus 110 profits $100 times 100 divided by 110, which is $90.91. Add the stake back and the payout is $100 plus $90.91, or $190.91. Books usually show that potential payout on the bet slip before you confirm. Lines move and books differ. Nothing here is a guarantee or a command to bet — it's how the number works.

The total returned on a winning bet: stake plus profit.

Read the written Payout lesson