Casino Payout Percentages

Casino payout percentages are one of the most important factors that players should be looking at when determining what online casino to play at. Often players will not give this important aspect a single thought when selecting a casino and we hope that this article will change a few minds. Land based Casinos and some Online Casino rooms publish their payout percentages on the different types of games available at the rooms.

Did you know that in Las Vegas it is Nevada state law that slot machines have a minimum payout percentage of at least 75%. It is a fairly well known that players get better payout percentages at Online Casino rooms in comparison to land based casinos. This is something that a large number of online casino rooms use extensively in marketing to the public.

All online casino games at the present time make use of a random number generator. This is also true for land based casino games like online slots and video poker games and both land based and online casinos use a similar method for calculating payout percentages. The software suppliers of casino software will in some instances provide both a history of hands. For instance on the All Slots Casino you can view all of your hands played by using the Playcheck facility. This is available on all Microgaming casinos. You can use this to work out your individual payout percentage on the casino games that you have played.

The top software suppliers like Microgaming, Playtech and Real Time Gaming do not have standardised software and at the current time of writing it appears that only the Microgaming casino products offer a payout percentage audit to players as a matter of course. There are not many Playtech or Real Time gaming products that offer this.

The only Playtech product that we are aware of that offer players this kind of information are the King Solomons Casino and Windows Casino products. Both of these online casino rooms now make the payout percentage data freely available to players. A lot of portals will tell you that you need to make sure about the honesty of online casino products and to ensure that they carry seals like Ecogra etc. We have a different view.

Although Online Keno is an Ecogra approved reputable portal, and we do take this very seriously, sometimes it is just not possible for an online casino to get this kind of approval for a number of reasons. A good reputable casino will find other ways to display this kind of data much in the same way that King Solomons Casino has done. They have retained the services of TST who audit the game play data and provide certification that the data is correct.

Working out what a Casino payout percentage is can be a little tricky as well. If you see that a particular game has a 97% payout ratio it means that the Casino has paid out 97% on average. So if you have bet $100 the casino on average would have a 97% payout ration which equates to $97. This means that the casino has retained $3.

If you magnify that $3 per gaming session per game per casino game it can work out to be quite a substantial some of money. Remember that this is a average and does not mean that you will get the same payout percentage. There are winners and there are losers and there is a reason why the Strip in Las Vegas is populated by the most opulent massive Casinos around. There are more losers than winners and it is called gambling.

We hope that moving forward all Online Casino rooms will take a leaf out of the Microgaming and King Solomons Casino book and publish more of their payout percentages online.

Casino Payout Percentages was written for OnlineKeno.net