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Online Casino Payout PercentagesWhen ranking online casinos, it is extremely important to look at factors such as the size of their welcome bonuses, the provider of their online gambling software, Microgaming Viper for example, and the variety of casino games on offer, to name just a few.However, one of the most important factors that many online gamblers omit to check are the online casino payout percentages. Payout percentages are, in effect, the most important feature of any online casino because they let players know just how lucrative and honest the casino is, and whether it is worth their while to gamble on it or not. The payout percentages shown at an online casino show the proportion of the total money being bet by players that is paid out to players as winnings. For instance, an online casino that advertises an overall payout percentage of 97% means that of every $1 wagered on its games, $0,97 is paid out back out to players as winnings. The casino therefore retains $0.03 of every dollar wagered. In fact, payout percentages are so important that online casinos hire expensive third party international auditing firms to confirm that the percentages they advertise are accurate and fair for both the players as well for themselves. Usually a casino's payout percentages are verified each month and are sometimes divided into the different gaming categories. Payout percentages are calculated for online casinos much the same way they are calculated in land casinos. However, the good news is that the casino odds tend to be slightly better in online casinos. An important part in maintaining stable and fair payout percentages has a lot to do with the online gambling software that the casino is running. All online gambling software contains Random Number Generators (RNGs) which ensures that the outcome of every 'virtual' dice rolled, reel spun, card dealt or wheel spun is completely random. In terms of what a decent payout percentage is, anything over 96.5% is considered pretty good. By keeping an eye out for the best payout percentages, players will be able to maximize their chances of winning bigger and more lucrative online payouts and progressive jackpots. Related Stories: |
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