What exactly is the casino payout rate and how does it work?

If you are shopping around for a casino to play at, then there are some very vital statistics to let you know how healthy and fair the casino is. One statistic to look for is the casino payout rate. This is a percentage representing how much of the total money comes into the casino is paid out to winning players.

Both land based and online casinos will publish their casino payout rates to entice players to come play there. If a casino is bragging that they have paid out 99% that month, then look a bit deeper. This would mean that the casino is only taking in 1% profit, and is possible if they had a large jackpot that month. This would not be a fair representation of what you have to expect in their establishment.

To get a better perspective on a potential casino, then it is wise to look at a longer run of the payout rate. An average of a six month stretch is a better indicator of that casino’s typical payouts. Another factor to consider when looking at the casino payout rate is to find the game that you play at. Maybe the great payout rate is going to the slots players, for example, while you are predominately a poker player.

The casino payout rate is not merely left up to the casino to display on their own; instead there is a very regulated system behind it. Next time you are at your online casino’s site, look for a verification certificate. The certificate is from a third party auditing firm and totally independent of the online casino. All respectable and fair casinos have these certificates from a major accounting firm. With their seal of approval, you can be confident that the casino you play with is reporting honest figures to you.

Depending on the game that you play and the site where you play, the payout rate can be different. If you are looking for a good payout rate, some experts put out the figure 96.5% as a conservative rate. You can find better rates, but remember to consider the previous six month record to get a better picture of the casino’s record.

What exactly is the casino payout rate and how does it work?

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