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Thread: Figuring Out Payout Percentages

  1. #1
    all4greed's Avatar
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    Figuring Out Payout Percentages

    What is the formula for figuring out a payout percentage? For instance say I deposit 200 and wager 600 before busting out. When I take:

    200/600 = 33.33

    But it should be a payout percentage of 66.66. How do I show the correct number?

    I know this must be easy but I'm missing something...

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    Quote Originally Posted by all4greed View Post
    What is the formula for figuring out a payout percentage? For instance say I deposit 200 and wager 600 before busting out. When I take:

    200/600 = 33.33

    But it should be a payout percentage of 66.66. How do I show the correct number?

    I know this must be easy but I'm missing something...
    (600-200) / 600


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    all4greed (5th February 2010), Casinomeister  (4th February 2010)

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    Quote Originally Posted by all4greed View Post
    What is the formula for figuring out a payout percentage? For instance say I deposit 200 and wager 600 before busting out. When I take:

    200/600 = 33.33

    But it should be a payout percentage of 66.66. How do I show the correct number?

    I know this must be easy but I'm missing something...
    What Simmo said was your return = Your Wins / Your Wagering.

    i.e. You wagered 600 and won only 400 back (so you lost 200)
    So your return was 400/600 = 66.67%

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    all4greed (5th February 2010)

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