To play at a casino, you need to have some basic knowledge of the rules and not just jump into the first slot machine that comes along. If you sign up for a virtual casino, it’s to have fun first and make money second (never the other way around!). It makes sense to expect a minimum return on your investment. To maximize these chances, you should be aware of the concept that we will detail in this article. The payout ratio, or payback ratio, will help you earn more while having as much fun (or more)!
What is the payout ratio in a casino?
The payout ratio, also known as the return to player, or payout ratio, is a general average that is determined as a percentage. The payout ratio in land-based casinos is 85% for slot machines and 88% for table games.
What is the payout ratio?
An essential concept to know when you sign up for any online casino, the payout ratio is defined very simply by your profitability as a player. This measure will allow you to identify the games that “payout” best. And we hear you thinking from here: this is not just a bogus marketing argument that would make players choose one slot machine over another. This index is supervised by specialized authorities, who analyze them and judge the fairness of the expected value. Only after passing these tests, the relevant commission validates (or not) the issuance of a license to the concerned casino. It’s as simple as that, and it will allow you to be reassured about what the casino is offering. This is a mandatory step for operators. Some even take transparency to the extreme by asking a serious and independent organization to carry out other verifications to add an extra point to their argument. So rest assured, the payout rate is not assigned randomly or too advantageous for the casino.
How is it calculated by the casinos?
Even if this information is not really visible on the game presentation page, it can easily be found elsewhere. So what good does it do to know that your slot machine has a 96% payout ratio?
It’s very simple. 96% of all bets played by all players in a particular game will be paid out as winnings to the same set of players. This means that the casino only receives 100-96 = 4% of the bets placed by the players. On a single game, it is difficult to say that a casino is profitable. It is the multiplicity of its offerings that will determine the profitability of a casino. Note that the calculations are usually done over 24 hours, even if this time is not a reference.
After reading this article, the payout rate should be the first thing you look for when deciding which casino to choose. Do they host a lot of games that interest you? And what is their payout rate? It makes sense for you to choose the operator that has the most games you like, and most of them have a high payout!