When you are shopping around online for the best online casino then the payout rates should be one of your top most considerations. A lot of people get confused about the payout rates, but it is very simple. It is actually the rate of the total money played which is paid out to the winners. The main confusion is in the amount played with the amount deposited. They are totally different things. Suppose, player deposit $50 into his gambling account and then play a particular game with a 95% payout then the gambler could play for $200 in a particular game itself and can get $190 back by replaying winning and so on.
That will only take away $10 of his total $50 which the gambler deposited initially, irrespective of the fact that the game is still paying out 95 percent. Therefore, the payout rate is always based on the amount that you played and not the amount that you deposited.
Different casinos have different payout rates because of the simple reason that the different have a different variety of games. Each game has different profit margins and obviously the payout rate would be different in such situations.
Top online payout rates:
The top online rates normally fall in the range of 95 percent to 99 percent. The gamblers should be more attentive to the payout rate of the particular game in they wouldn’t match usually with the online payout rate. The casino payout rate is generally for the whole not for any specific game that you play and they can also be tilted by huge jackpots won of particular games. It is highly advised to all the online gamblers to check out the australian online casino reviews and payout rate of the game which you wish to play. The gamblers should also know that the working of online is very much like the traditional land based and the online should also be taken as the ‘real casinos’ by the players. It has specific laws which they are bound to follow while making profits for their online gambling business. The earnings is different and they offer different games with different bonus and payout rates. This thing confirms that different pay differently to their online members which practically makes it difficult to predict the payout rates.
Why is it difficult to find casinos with good payout rates?
It is difficult because of two possible reasons. The first one is that they are operating for making money for themselves as well and for this reason they want more money to come in their accounts as compared to what they pay out to the players. This obviously doesn’t preclude the winnings of the individual gamblers or winning large jackpots even but for the survival of the online players too have to lose out as well as a group. The second reason is the nature of the online casinos as they have a huge range of online games. All games have different payout rates as told before and they are depending on the popularity of the game. The popular games usually have a much lower payout rate as compared to the one which is not much popular among online players.
Therefore, gamblers while playing online should remember that all exist for their profits. If it is working well than it obviously means that it gets more profits than they pay out to the gamblers. Mathematically speaking, there is one winner in one game. Both the gamblers and the casino cannot win at the same time.