Payout – The most important datum for a casino

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Author: Betcity24 International | August 04, 2014

Payout – The most important datum for a casinoThe payout of an online casino is a very relevant factor to be taken in exam. The payout percentage must be always available for players’ check out and its truthfulness must be guaranteed by an independent body such as eCOGRA, TST Global, OPA or PricewaterhouseCoopers. An online casino worthy of this name has a no lower than 94% payout percentage.

The payout is a very relevant factor to be considered when you choose in which online casino you wish to play. Most of the online casinos publish their own payout percentages. Of course, it is fundamental to be sure that the casino’s payout percentage has been checked by a qualified, reliable and universally recognized third body.

Usually, operations like this deal with specialized independent bodies such as eCOGRA (e-Commerce Online Gaming Regulation and Assurance), Technical Sistems Testing (TST), OPA (Online Players Association) and PricewaterhouseCoopers (PWC). This hugely increases online casinos’ safety and perception of honesty.

How payout works

Who plays in online casinos must consider the kind of software, the operator’s safety and the payout percentage. Usually these players are more advantaged then people who play in terrestrial casinos, because the online casinos have higher payouts.

The main online casino software manufacturers such as Microgaming, I.G.T, Net Entertainment, Playtech, Cryptologic, have a Random Number Generator (RNG) who completely randomizes the results through very elaborate mathematical algorithms. Thanks to RNG each game, from blackjack to roulette, from poker to video slots, from baccarat to video poker gives results that are impossible to forecast, though they are in line with the payout percentage. The payout is usually available on the homepage of the online casino site and concerns the promotion between the bets made and the winnings paid. Check and compare the casino payouts’  trends published on Sistemicasino.com.

Most of the online casinos not only publish the general payout, but also the payout specific to each game. If an online casino has an eCOGRA, Technical Sistems Testing, OPA or PricewaterhouseCoopers certification that assures payout truthfulness, the player can be sure that the payout percentage and the RNG work fairly.

But...what is a good payout ?

It is not easy to cope with payout calculations and we might run into some misunderstanding. That’s probably because, during a given month, an online casino has paid high jackpots and the payout percentages seem incredibly favourable. It is better to check the payout data on a longer period, 6 months at least. A discrete long-term payout mustn’t drop below 95%, and a good payout should be 96-96.5%.

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