Casino Payouts
Often referred to as Payout Percentages, Casino Payouts are the amount of money a casino pays out for every dollar that it takes from a Player. You can basically consider it a return to Player by percentage. It is also a good way to determine if a casino game is “loose”, i.e. if the payout is high, or “tight”, if the payout is low. Of course, being a Player, you would want to choose the casino that has a high payout percentage. The higher the Casino Payout, the better the casino or that particular game is for you.
How the Payout Percentage is calculated is easy. Let’s say that you played $1 in a casino, whose Payout Percentage was 97%. This means that you would see a return of $0.97. Calculated simply: $1 - 97% x $1 = $0.97. It is very important to remember, however, that the Payout Percentage is based on the average Payout made by the casino on the money played into it over a certain period of time. So, this means that all the games and all the wagers placed on the games are taken into account. Just because the Payout Percentage is 97% doesn’t mean that you will always get 97% of your money back. What it does mean is that 97% of the money bet at the casino overall is paid out to winners, and the casino gets to keeps 2.8% of the total bets. Payout Percentage is a long term figure and is a good indication of whether you should invest in the casino long term or not.
Now, just as there are Payout Percentages per casino; so are there Payout Percentages per game. Some games payout better than others. Take Slots for example; online slots payout much better than do online roulette games. Similarly, some game types pay out better than others. For example, some video slots games generally pay out better than their classic counterparts. So, before you play online, it’s a good idea to check the payout percentages of the games. Most online casinos regularly publish individual payout percentages, especially for their higher paying games like Video Poker and Slots.
Before you choose a casino, ask yourself if the casino really does payout the percentage it advertises. A quick answer to this question can be found in a verification certificate. If a casino is verified by a 3rd party or independent organization, such as PriceWaterhouseCoopers or eCOGRA, a verification certificate or logo of the company is usually found on the casino’s website or you can read the casino’s About Us section and see if it is mentioned there.
Another question you should ask yourself is “what payout percentage is reasonable?”. In our estimation, a good payout percentage is anything over 96.5%. This means that the casino is keeping only 3.5% of the total wagers. Payout percentages vary very slightly. If you notice a casino that has wildly changing payouts, stop playing there immediately and Contact Us. The casino could just one of the many rogue casinos that are out there.
Don’t get fooled by scammers and rogues, see our listing of Top Payout Casinos.
Link the words Top Payout Casinos in last para above to a page that is dedicated to Casinos and their Payouts OR you can opt to have it redirect to the Casinos Reviews section as that currently only has 2 listings:
Vegas Red Casino is a member of the Euro Partner Group, a very respected gambling operation. Riverbelle Casino has a 96.97% Casino Payout. It operates on the Playtech platform, one of the forerunners in the online entertainment industry. At all Euro Partners Casinos, you can look forward to a new game release nearly every single month and a Welcome Bonus up to £/€/$ 2400. The games are sharp and extremely functional and the graphics unbelievable!
Some of the other reasons you should consider Riverbelle Casino are:
- Live Slots Tournaments
- Fully licensed and regulated
- Displays the eCOGRA Seal for Fair Gaming and Player Protection
- The largest Progressive Jackpot of €1,374,599 won in April 2009.
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Tropica boasts a Payout Percentage of 98.01%. Licensed in Curacao and launched in 2009 by a very experience group, Tropica knows what it takes to succeed at running an online casino. It uses latest Rival software to run its 100 games, which include table games like Blackjack, Roulette, Baccarat, Poker, and Craps and a variety of slots, video slots, and video Poker games.
Tropica makes it easy for deposits to be made into a Player’s account with Banking options such as NETeller, Click2Pay, and Moneybookers to name a few. Withdrawals can easily be made and money will be in your account in no time.
If the need arises, Players can feel free to contact a Customer Service agent 24/7 via toll free International numbers which are provided, live chat or email contacts. Responses are quick and service is always friendly and efficient.
In addition to the $15 No deposit bonus, Tropica also offers also a $200 Match Bonus on your first deposit. Click here to find out more about Tropica Casino.
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