Sportsbooks payout percentage rate...

[rake922]

Does such a thing exist?

I was browsing around at casino reviews..... and a site had percentages next to each casino on a list

http://www.casinolistings.com/us/casinos/by-payout

Look who #2 on the list is ...

It's somewhat concerning because a 3% or 4% chance one won't get paid is insane. The house certainly has a bigger edge when they pick 3 or 4 guys out of 100 to just stiff....

[ico2525]

That's kind of a tricky statistic because there's a difference between never getting your money and just getting screwed around with. If you're supposed to get paid in a week, and your money comes 4 months later, is that considered not getting paid out? What if you get paid, but you get stiffed on a percentage of your bonus? ... all things to consider

[durito]

I think their definition of payout % has something to do with their hold, not the # of people they stiff.

[rake922]

I think their definition of payout % has something to do with their hold, not the # of people they stiff.

oh .. elaborate please

[HeeeHAWWWW]

Betbrain give you the payout %.

[Bill Dozer]

I think their definition of payout % has something to do with their hold, not the # of people they stiff.

Right, it's meant to show whose casino games keep the least amount of your money, not the withdrawal process.

[rake922]

Right, it's meant to show whose casino games keep the least amount of your money, not the withdrawal process.

what does that mean dozer

[durito]

It's the amount of their hold.

http://forum.sbrforum.com/handicapper-think-tank/12142-introduction-expectations-theoretical-hold.html

[Pokerdogg]

If a casino pays out 98%, it means for every $100 wagered by the player, $98 is returned to the player as winnings, and $2 is kept by the casino (gross profit so to speak).

[SlappyWhite]

its like a casino that says our slots pay 99% exactly as the above posters have mentioned. The house odds give them a 1% rake effectively on all money played.

[juuso]

These are just monthly numbers. They will vary from month to month due to standard deviation. Basically you should have identical chance of winning in any casino that uses the same software provider.