Net Winnings Meaning – Total Gambling Profits After Deducting Any Losses
The term net winnings is commonly used in other activities but has its use in gambling as well. It marks your total profit, meaning that it’s calculated by deducting your initial bankroll from the winning amount.
For example, let‘s say that you walked into a casino with a bankroll of $1000. After a few hours of playing, you’ve upped your bankroll to $5000, and you decide to walk away.
When you cash out, you’ll get a total payout of $5000. To get your net winnings for the session, you have to subtract your initial bankroll from your ending bankroll. So, your net winnings are $4000 in this scenario.