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Casino Payout Percentages
Casino payout percentages reflect the long-term returns gamers can expect from the world’s leading online casinos. The payout percentages effectively reflect what return gamers can expect for each dollar spent at each casino over the long term.
The 99.5% return offered by Betfair’s instant-play casino therefore suggests that, over the long term, gamers can expect to earn 99.5 cents back on each dollar spent at the Betfair Casino. This means that the Betfair Casino makes only 0.5 cents per dollar spent at its casino over the long term.
Who Audits Casino Payout Percentages?
Payout percentages at leading online casinos are provided by independent auditors. Payout percentages at casinos can vary from month to month by a few tenths of a percent, however the overall payout percentage of the casino is determined by the software used and is stable in the long term.
How are Payout Percentages Calculated?
Payout percentages for card and table games are generally based on the mathematics of the game itself, and will only vary by a percentage point or two from one online casino to the next. In contrast, the payout percentages for online slots games are set by each casino and can vary significantly between online casinos.
Generally, online casinos offer far better payout percentages than regular casinos. While slots games in Las Vegas are only required to pay out at 75%, the majority of slots games offered by top online casinos feature payout percentages in excess of 95%.
Why are Payout Percentages Important?
Payout percentages reflect the risk gamers are exposed to when playing specific games or at particular casinos. The higher the payout percentage, the less money the player will lose in the long term. This can be of critical importance to gamers looking to play a casino game in the long term, hoping to hit a progressive jackpot.
As a rule higher payout percentages are always preferable for a gamer, and many gamers therefore choose to restrict their play to card or games that are known to have high payout percentages, such as blackjack and video poker. The same rule is applied across casinos, with smart gamers seeking out high payout percentage casinos for their gaming needs.
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