Online Casino Payout Ratio

An online casino payout ratio is the amount of cash the online casino pays out in relation to the amount of money they get in. Let’s say they get $10 000 worth of deposits in one day and they state that their payout ratio is 98%. That means that they have to pay out $9 800 of that money to their customers and keep $200 as profit.

The Casino Payout Ratio Explained

The casino payout ratio is one way to distinguish the great online casinos from the bad ones. The casino payout ratio is where the online casino tells how much money they are keeping versus how much money they are paying back to their customers. Do not settle for a low casino payout ratio as online casinos do not have high overhead costs and can afford higher payout ratios. Most online casinos have payout ratios that match those in Vegas i.e. around 96-98%.

It is possible for online casinos to set their random number generators in such a way that they have full control over how much money goes out in relation to what comes in. To ensure you are not being taken for a ride, you should always choose a reputable casino that publishes its results and have its payout ratio monitored by a third party accountancy firm like Price Waterhouse Coopers.

Payout Ratio for Online Casinos

It’s actually quite simple to find out what the payout ratio for online casinos is. Most of them publish this on their websites. Once again, I stress the fact that you should only trust payout ratios that has been audited by companies who are associated with eCOGRA and TST. Most of the online casinos with the best payout ratios will make their payout ratio reports (done by eCOGRA, TST or another reputable auditor firm) available on their website. If you can’t see this on the online casino of your choice, feel free to e-mail them and ask them to e-mail you a pdf copy of this report.

Don’t worry as it’s really not difficult to read payout ratio reports for online casinos. Usually the eCOGRA, TST or Price Waterhouse Coopers report will have a summary that will provide a payout ratio for all of the online casino’s most important game categories. If you only play a game like blackjack or poker, it will be easy for you to see how much they are offering as payback to their customers who play this game.

If, for instance, they say that their slot games have an online casino payback ratio of 95%, it means the online casino pay $95 back to their customers for every $100 it makes. It’s quite obvious to notice that it will then be better to rather play this game at an online casino that offers a larger and more lucrative 97% payback.

This means that it’s worth your while to compare payout ratio reports before making a deposit with any online casino. You should obviously pick the best paying casino, as this means that this casino will have more winners than others, which means your chance of winning is higher than it is at any other casino.