Casino Payout Percentage : Online Casino Payout Percentages Explained
The term 'casino payout percentage' indicates the amount of money taken in by the casino that is paid out to players as winnings. Players always prefer to give their business to the highest payout online casinos.
Determining Highest Payout Online Casinos
Discovering a casino's payout percentage can be tricky at times. Although most reputable casinos - both online and in-house - post their payout percentage statistics within view of the players, some do not. In this case, it is always best to assume that these are not the highest payout online casinos. Otherwise, they would be happy to boast as to the amount of money they award their players. A high payout percentage draws more business.
Acceptable Payout Percentages
When a player is able to discern a casino's payout percentage, the next step is determining whether or not the percentage is acceptable. The highest payout online casinos generally boast a payout percentage of more than 96.5 percent. This means that the casino only retains 3.5 percent of the players' wagers as income. This is a great margin and should be used as a tool of measurement for most players.
Truthfulness about Payout Percentages
It is very easy for an online casino to boast being one of the highest payout online casinos; the trick is proving it. Casinos should post a certificate of verification that is easily accessible from the website's home page. If there is no certificate, it is best to ignore the casino's claims and find another venue. If there is a certificate, the player must check to make sure it was issued by a reputable online gaming regulatory body. The top three are The Online Players Association - or OPA, the eCommerce Online Gaming Regulation and Assurance group - or eCOGRA, and Price Waterhouse Coopers - or PWC.
In conclusion, the highest payout online casinos boast payout percentages of 96.5 percent or more and have a certificate of verification from a reputable gaming regulatory body. With these two pieces of information, players can easily feel at ease with the highest payout online casinos available.
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