Online Casino Payout Percentages and What They Mean

When it comes to choosing an online casino one of the most important things to look at is the casino payout percentage. Unfortunately, many players are unaware that this number is so important, don’t know what it means, don’t know where to look at it and have no idea what a good payout percentage is. Fortunately for you, you’ve come to the right place. Read on to find out about what payout percentages are, what they mean and how you can use payout percentage to choose a good online casino.

The casino payout percentage is the percentage of total money bet that the casino pays out. Online casinos usually have slightly better odds than land-based casinos, but the payout percentage is calculated in the same way. If, for instance, a casino’s payout percentage is 97.3% that means that of the total amount of money bet at the casino the casino pays out 97.3% in jackpots and other winnings. The casino, therefore, earns 2.7% of the total money bet by players on all games at the casino. Many casinos share the total payout percentage as well as percentages bet on specific games, such as slot machines and video poker games.

So how can you determine whether or not a casino’s payout percentage is good? As a general rule of thumb you can assume that any casino with a payout percentage of 96.5% or more is worthwhile. You can usually find the casino’s payout percentage listed on the casino’s homepage or in an easy to find spot on the casino site. If you cannot find it then you are better of choosing a different site.

If you are unsure whether or not to believe that a casino actually pays out what they say then you will want to find a verification certificate. You can usually find this on the homepage of the casino. The top three authorities that provide verification certificates are PriceWaterhouseCoopers (PWC), e-Commerce Online Gaming Regulation and Assurance (eCogra) and the Online Players Association (OPA). If the casino offers a verification certificate from one of these authorities you can rest assured that it is a legitimate casino that maintains online casino regulations and fair gaming practices.

When looking at the payout percentage for a specific online casino it is never a good idea to look at only the current payout percentage. If several huge jackpots were won in the course of a single week then the payout may be much larger than it is during an average week. Therefore, you should look back at the payout percentage over the last six months in order to get a better idea of what you can expect from the casino in terms of payouts.

Remember that it is your job to stay informed and do the proper research when choosing an online casino. However, when you understand how casino payout percentages work, where to find them and how to use them you can increase your chances of finding an online casino that is exciting as well as fair, secure and profitable.

Online Casino Payout Percentages and What They Mean

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