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Help Decifering Sammy Sports Arena Payout

Gs Vending

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Rather than provide specific 1 in x wins, I'm given percentages. I assume by $20 prize value, that's the max payout. I'm planning to run $5 gift cards and other small things valued that much. So if I run my machine at 5% winnability, does that mean 5/100 - 1/20 plays, there will be a win, making the payout rate $10 at 50 cents per play? Is that how the payout rate works? Thanks.

Here's a link to the manual:


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