All players must consider an important factor when playing at an online casino, the casino’s payout percentage, which in English is called the payout percentage. Most casinos publish their payout percentage on the website and it is important to check that the casino payout percentage has been verified by a third party. A payout that has been checked by a well-known auditing firm or similar helps to increase confidence in the casino. The casino’s payout percentage is calculated in the same way as at a land-based casino, with the difference that the online casino usually has better odds.
Payout at online casino
The casino’s payout percentage shows how much of the players’ total bet money is paid out as winnings. That is, if the payout percentage is 97.2%, then 97.2% of all money wagered at the casino is paid out to the winner, and the casino is allowed to keep 2.8 percent of the total wagers, or stakes. Many casinos also publish the payouts for the individual casino games such as video poker and slots.
The leading software producers are Microgaming, Playtech and Cryptologic. Their software is behind a larger portion of all known and reputable online casinos. The software for games such as slots, poker, roulette and blackjack integrates Random Number Generators (RNGs) that randomize the output using a complex mathematical algorithm. An online roulette wheel must have exactly the same behavior as that of a land-based casino.
Does the casino really pay out this percentage? A proof or certificate confirming this must be available on the casino’s website. Such a certificate is valid only if it has been issued by one of the following independent organizations: Online Players Association (OPA) and eCogra (e-Commerce Online Gaming Regulation and Assurance). If a casino has a certificate from one of these three organizations, you can be sure that the casino practices strict software and fair play routines with RNG and sincere payout percentage.
What is a good payout?
What is a good payout percentage? It is not easy to answer this question. You can not look at just one month’s payout. The casino may have paid out big jackpots just that month which makes the payout percentage seem very good. It is better to check what the average payout has been in the last six months. A good measure of payout percentage is over 96.5%, which means that the casino retains 3.5%. A serious casino updates its certificate every month and the payout percentage will vary slightly from month to month. Players need to make a little effort to stay informed and this section will hopefully help to make an informed decision and enhance the game feel.