What are online casino payout percentages?

We all know that casinos are businesses that are designed purely to make profit for their owners and investors. But sometimes there is a lot of confusion about just how much profit and actual revenue casinos makes over time. It can also be daunting seeing all of the different online casinos and trying to decide which is the best to play at and what sort of returns you can expect if you play for long periods of time. This is what the casino payout amounts are there to provide you with. So what are online casino payout percentages?

Whenever you see a payout percentage it is essentially an amount that show exactly how much return you can expect from your gameplay over a longer period of time. For example, if a casino was to list a payout of 98% it basically means that the casino itself would keep 2% of your total wagers therefore netting them that amount in actual revenue. So you would expect that over time 98% of the money you have spent would be returned to your pockets. So if you spend $100 an average of $98 would be returned to you if you continue to bet and $2 would be kept by the online casino. This may seem quite high and it actually is. Higher payout percentages are typical of an online casino as they basically do not have the overheads that are associated with a land based casino.

If you were to compare an online casino payout percentage with a land based casino you would typically find a payout rate of around 95% and upwards for the online casino and an average of 80%-90% for it’s land based counterpart. Obviously the much higher expenditure in place for the land based casinos for it’s staff, premises expenditure and the hospitality overheads and expenditure add up and this operating expense needs to come from somewhere. So if you are serious about gambling it can actually yield you a much higher payout if you were to play at an online casino as compared to a land based casino.

Some games and in particular online pokies or slot machines actually represent a large portion of the payouts from an online casino. It is well known within the industry that online slots operate at a high payout. it is also important to note that online casinos are tightly regulated just like normal casinos and there are governing bodies such as eCOGRA which independently audit online casinos and ensure the payout percentages and customer support levels are held up to a high standard.

So playing at an online casino can return you much more money in the long run than a traditional casino can. So why not have a go today and try your luck. You never know. You could be the next big winner from the privacy of your own home!!

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