One of the most important things to check before playing in an online casino is its payout percentage. It should be listed on the website. It has to be verified by a trustworthy third party in order to be reliable.
Land-based casinos and online casinos calculate payout percentages in the same way, but in land-based ones your odds are usually worse. Analyzing software regulations, gaming standards, probabilities and payout percentages is vital when playing online.
The leaders on the market of online gambling, such as Microgaming, Cryptologic or Playtech, use Random Number Generators to make sure that the outcomes in their games are completely unbiased.
Payout percentage is the money paid out by the casino to the winners – for example winners get 95% of the total amount money bet at the casino, and the casino keeps 5%. Online casinos often display game-specific payout percentages too.
In order to find out if the casino tells the truth about their payout percentage, you need to look for a certificate from a reputable third party (such as the Online Players Association, eCogra or PricewaterhouseCoopers) on the casino website. If it doesn’t have one, be skeptical about payout percentages or fair outcomes.
Payout percentage from one month is not a good source of information because of how random games can be. Six months of statistics is a good start, and longer is even better. Acceptable and low risk payout percentage is 96.5% or higher.
Higher quality casinos renew their certificates monthly and have slightly fluctuating payout percentages.