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Gambling School - Lesson 19
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Payouts
So, you've started playing, you've gotten your feet wet, and you've more than likely found a few sites and games which you're especially fond of and prefer playing over others. Before you get too attached though and our GP gambling school comes to an end (your 'graduation' if you will), you should definitely be aware of the different 'payout percentages' for some of the most popular games. Below, is a short introduction, which forms the essentials of this lesson. For a more in-depth analysis, check out our payouts category.
Payout percentages
A 'payout percentage' refers to the total amount won by all online casino players in one month, compared to the total amounts of bets made at the online casino in the same time period.
To give you a better idea of this concept and what to expect from any particular online casino, we have provided, below, the average payout percentages of casinos over the last 5 years for a selection of different games.
Games Payout percentage Roulette 94.70% Blackjack 98.56% Slots 90.06% Video Poker 95.46% Caribbean Poker 97.15% Other games 95.62% It is very important to not underestimate the significance of payout percentages as this will dictate just how much you will be able to win, and how honest and fair the casino is in its dealings with its customers. A 98% payout percentage means that 98% of all money bet at the casino goes directly to the winnings. In other words, this remaining 2% is the margin of profit for the casino. Each casino and each game have different payout percentages. Generally it can be said that card games such as Poker and Blackjack pay out the highest, followed by table games (Baccarat, Roulette), and then slots.
Note: Our TOP-rated casinos offer the highest payout percentages, and we are proud to boast that their payouts rank alongside those of the most famous casinos in the world, even in Vegas. Monthly reports are conducted by established and well-known accountancy firms in order to verify the integrity of these claims. Before you play at any online casino, try to ensure that their accounting figures are legitimate as indicated by the publicized presence of independent audits.