Why It Pays to Check the Payout RatePublished May 6, 2005 by OCR Editor
Some online casinos offer higher payout rates than others, but what exactly does this all mean for the player and how can they benefit from this information? If an online casino posts a payout rate of 95% it means that 95% of the money coming into the online casino is being paid out in wins. Quite simply, they are working on a 5% profit margin.
If you are an avid online casino player than you'll definitely want to check out the payout rates at your favorite online casinos.
But seeing a number is not enough to know the whole picture. You must know how to read these numbers. First of all, check to see if the online casino posts monthly reports that show a fluctuating payout rate. Also, these reports should be certified by a 3rd party online casino auditing company like OPA or eCOGRA. This will let you know that the online casino is running a clean operation and that they allow outside companies to come in and audit them. This shows transparency and fair gaming.
The online casinos also usually get their software checked and reported on as well. This will also prove that the online casino software is tested and legitimate. The most important thing about this is that it again lets the player know that the software they are using is giving them the payout odds they say it is. Before playing at any online casino make sure to check for all these things.
It's also important to take note of unusual stuff like an extremely high payout rate over 100% month after month or a payout rate that doesn't fluctuate. This is a sign that something is fixed. A true payout rate should fluctuate somewhat up and down month after month. Check your online casino records for more detailed info and always look for online casinos that offer, real and high payout rates.