Kissing Your Money Hello at Online Casinos
Sure, you’ve heard all the hullabaloo surrounding the relatively recent phenomenon known as online gambling, such as how incredibly realistic and popular online casino games have become. But if you are at all the suspicious type, you’re probably also asking yourself (and other people), “Is anyone actually winning any money?”
Good question. The answer is yes.
Fair Game: unfair-gaming practitioners
If you are already gambling at a land-based casino, in all likelihood you want to know that your particular casino provides players in general – and you in particular – with the greatest chances of walking away a winner, right? Well, the same applies to playing online casino games.
Payout rates are calculated as the percentage of winnings to wagered amounts and will vary from casino to casino, and game to game, be it video poker, slots, blackjack, keno, or roulette etc. The payout rates for games at most online casinos are typically between 96% and 98%, give or take a few points.
It’s a numbers game
These percentages don’t necessarily mirror the results of any individual game, or project the probable payouts of any particular games. Instead, these figures are calculated based on the bets wagered and the winnings awarded during a particular period.
Newbies to the online gambling scene also tend to wonder that, seeing as how there are so many online casino venues out there for players to choose from, how do you know a) what a casino’s payout percentage is, and b) is the figure they are quoting players indeed accurate.
Yeah, but can you prove it!
The more reputable online gambling establishments undergo regular audits in order to verify, among other things, a website’s payout rates. Various organizations such as the Online Players Association (OPA), act as watchdogs to make certain that online casino companies are not advertising false payout rates as a way to mislead unsuspecting players into gambling at their casinos.
Though winning at online casino games often has as much to do with luck as it does skill, what percentage of its wagers a casino pays out should assist you in deciding which games to play. Thus, the bottom line is this: If you’re gambling to win as much money as you can, in the shortest amount of time possible, stick to those games supposedly having higher payout rates than others. A casino’s payout rate should be easy to locate on their website. If not, don’t hesitate to contact a gaming venue’s Customer Support department for details regarding overall payout percentages as well as the rates on each individual game.