Thursday, November 25, 2010

Finding The Best Online Casino Payout Percentage



The moment you the best online casino for you, one of the most important things you have to consider is the payout percentage; this is where you will be able to know what percentage of bets ends up in online casino and what percentage is paid to you as you win.

The payout percentage obviously varies depending on the casino. In the case of online casinos, on the other hand, this information is displayed on the home page to allow visitors and potential customers to check just how convenient the offer is. Payout percentages for online casinos are always far more advantageous than land based casinos; rightly so, given that online casinos have much lower fixed costs than their counterparts.

Furthermore, the payout percentage changes depending on the game, with certain online casino games offering higher payout percentages than others; allowing gamblers to choose the most advantageous game more easily.

The payout percentages are usually verified by:

  • Analyzing the gaming logs from each for the month indicated on the report.
  • Working out the payout percentage which was calculated as the percentage of winnings to the wagered amounts.
  • Double checking using failsafe system, then the certificate are issued

Such certificates are valid and genuine only if issued by independent organizations such as

  • Online Players Association (OPA)
  • PricewaterhouseCoopers (PWC)
  • e-Commerce Online Gaming Regulation and Assurance (eCogra)

Once a certain online casino site has made the effort of obtaining certification from one of these bodies, a player can be confident that the casino maintains a strict code over its practices and its software and is committed to fair gaming with truly random RNG and an honest payout percentage rate.

Where top online casinos are concerned, payout percentages should range between 95% and 99%, with an average payout of 96%. In the case of blackjack, however, your payout percentage might easily climb a high as 99%, whereas playing at craps, and with certain types of bets being placed, this percentage might fall to as low as 85%.

In short, the casino payout percentage gives us the chance to see that certain games offer the player the best potential winnings and others are best suited to the house. Obviously, the casino needs to maintain a minimum margin of advantage over the punters, the so-called ‘edge’, to allow it to cover the costs and make a profit.

Furthermore, it is important to remember that if you are looking for a game that offers a greater chance of winning then you should be looking to online casino games such as blackjack or video poker. This is for the simple reason that these games are among those where your decisions are intrinsic to the outcome of the game.

In other words, payout percentage aside, games based on pure chance allow players no chance of improving the probability of winning, whereas skill, experience and correct strategy can prove to be a winning formula where other gambling games are concerned.

The choice of the right game, however, should not only be based on the potential financial return. If your idea of winning also includes enjoying yourself into the bargain, then choosing to play the slot machines or roulette might well turn out to be far more fun than video poker or blackjack.

All things considered, whether winner or loser, perhaps the most important thing for you is that you had a really good time!


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