What is Turnover (Handle) in Betting?
Definition: Turnover, called handle in the US, is the total amount of money wagered over a period, before any winnings are paid out.
How it connects to other metrics:
- GGR = Turnover - Winnings paid to players
- Hold % = GGR / Turnover × 100%
Example: a sportsbook takes €1,000,000 in stakes in a month and pays out €920,000 in winnings. GGR is €80,000 and hold is 8%.
How turnover is broken down:
- By vertical: sportsbook, casino, live casino.
- By sport, league and market type.
- Pre-match vs live betting.
Why it matters: turnover shows betting volume. Profitability is read from GGR and hold, since high turnover with a low hold can produce less revenue.
