Explanation of Payout Percentages

Date Published: August 22, 2012

One of the key things to consider when choosing to play any game that is offered in an online casino is the payout percentage. This number is available for two things. There is an overall casino payout percentage that should be made available to players and there are also individual game percentages that should be displayed with every game that is accessible. These numbers can help players choose a reliable and rewarding online casino and will also help with their game selection when they begin to place cash wagers on the games that are supported in the casino.

When players are looking for the best possible games in a casino, they should compare the payout percentages. If a game has a high percentage, it will offer more cash rewards. With online casinos, the payout percentages of games are much higher than what would be found in a land casino. This is because online casinos have a lower overhead and the money that is collected can be returned to the player at a higher percentage.

Most online casinos and the games that are offered will have percentages that range from 95% to 99%. Obviously, the higher the percentage is, the more the player will benefit if they play at that casino. Payout percentages are often misunderstood, especially by new players. The percentage is not a guaranteed win. Instead, it is an average of the amount the game or casino will return to players over a period of time. For example, a slot game with a 98% payout percentage will pay $98 of the $100 that is bet over time. This does not mean that players will get these payouts in one lump sum.

Understanding how payout percentages work will help players understand the odds they have at winning in any online casino. Since every game in a casino must display the payout percentage, players will be better able to make wise selections when they are choosing a game.

Most online casinos will hire an independent testing company that is responsible for auditing all of the games hosted at the site. This is how the payout percentages are obtained and these companies will also verify the percentages so that players know that all figures are accurate. Players should avoid playing in any online casino that does not routinely test and audit the games supported.

While some games will be more attractive than others for players, it is always best to base the final decision on the chances of winning. Players should have fun while playing games, but since their goal is to win money, choosing a game offering a high payout percentage will always be beneficial. This information is easily obtained at any reputable online casino and can be a useful tool for players who are comparing various casino sites and games offered.

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