To
answer this question is
difficult. Casino
Payout Percentage.
The way that payout percentages
are calculated by land-based
and online casinos is
very similar. These notes
on payout rates and verification
will assist in making
informed decisions on
where to play and hopefully
enhance the online gaming
experience. Players must
help themselves to stay
informed. In our opinion
a good yardstick for payout
percentages is over 5%,
which means the casino
is retaining 5% on a net
wagering basis. The first
question is, do the casinos
actually pay this percentage
out? This section explores
this important aspect
of choosing an online
casino.
If
the payout percentage
is 2%, then 2% of all
the money bet at the casino
is paid out to winners,
and the casino
slot machine gets
to keeps 8% of the total
bets. Online casinos however,
will generally have better
odds than their land-based
counterparts. You can
not look at one moment’s
percentages in isolation.
This compares well with
land based casinos and
is a conservative number.
Most online casinos also
publish individual payout
percentages for game such
as slots and video poker.
The
leading Online Gaming
Software suppliers are
Microgaming, Playtech
and Cryptologic.Such certificates
are valid and genuine
only if issued by independent
organizations - any of
the top 3 authorities
- the Online Players Association
(OPA), PricewaterhouseCoopers
(PWC) and echogram (e-Commerce
Online Gaming Regulation
and Assurance).A good
online casino will update
its certificates monthly
and its percentage payout
rates will vary slightly
on a monthly basis. It
is better to look at payout
percentages averaged over
6 months.
The
second questions are what
is a good payout percentage?
Once a casino 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. The casino, by virtue
of the randomness of games,
could have paid out some
large jackpots over that
month, making the percentages
seem very good. Most online
casinos publish their
payout percentages. Payouts
that are audited contribute
significantly to the trust
and fairness of an online
casino.
The
online roulette wheel
thus behaves just like
a land-based one. Their
Software, usually available
as free downloads, drives
the majority of highly
regarded online casinos.
A verification certificate
(usually found on the
home page of the casino
website should confirm
this).The Software for
games such as slots, poker,
roulette and blackjack
integrates Random Number
Generators (RNGs) that
randomize the outcome
by using complex mathematical
algorithms.
The
casino payout percentage
shown at a casino indicates
what proportion of the
total money bet by players
is being paid out as winnings.
It is vital to check that
the Casino Payout Percentage
has been verified by a
trusted third party. Players
at online casinos have
to consider factors like
the odds on hand, the
regulations on software,
the principal of fair
online gaming and the
payout percentages. Every
player must consider a
very important factor
when playing at online
casinos.
|
