Payout Percentages

One of the common terms referred to when experts talk about online casinos is “payout %”. While it’s thrown around often, it can be quite cryptic. We know that when an online casino has high payout %s, that an online casino has fair gaming practices, but what exactly does that mean?

The definition of a payout % is the percentage of money that the casino pays out to winners. Thus, a 95% payout % means that 95% of the amount of money bet at a casino is paid out to their winners, while the casino keeps 5% as profit. Casinos also publish payout %s that are specific to certain games, which refer to the amount of money that the casino from the wagers of that game.

Now, any online casino can publish high payout %s, but how to you know that the number on their website is actually what they offer? The figures that the online casino publishes should be accurate and truthful and to determine if this is the case, the casino’s certification will be the tell tale sign. Just look for a verification certificate on their homepage. An online casino may try to dupe players by pasting a fake certificate, so you should look for names like: eCOGRA, Online Player’s Association and PriceWaterHouseCoopers. If none of these names show up, you have every right to question their integrity and payout %s.

Finally, an online casino should offer a payout % higher than 96%, which is a low-risk %. Casinos who offer less than that are keeping far too much money for themselves. Even if an online casino has great games and generous bonuses, a payout % lower than 96% is a dealer breaker, as there are online casinos on the net that offer upwards up 98%.