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Glossary · money

Turnover

The total amount wagered over a session or period, counting re-bet winnings. Also: handle, action.

In context

Expected lossmathExpected lossExpected value times total amount wagered; the average amount lost over a session or a period.Read full → is turnover × 1/37. A $100 bankrollmoneyBankrollThe total amount set aside for play. Bankroll management is deciding how much of it to risk per bet and per session.Read full → can produce $2,000 of turnover and $54 of expected loss before it is gone.

Did you know

Casinos measure players by turnover, not by what they bring: comps and VIP tiers are turnover × house edgemathHouse edgeThe share of each stake the casino keeps on average: 2.70% in European roulette.Read full → × a percentage.

Related terms

MathematicsExpected LossStrategyBankroll Management
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