Payout percentages for online slot machines
If you try your luck in online casinos, you always hope for a bigger profit if possible. The probability of at least a win at all is higher, even if the payout ratio is correspondingly high. The payout percentages vary in casinos from game to game. While in real casinos you talk about the so-called house edge in games such as roulette and BlackJack, in electronic games such as slot machines you always use the payout ratio to help. This indicates how much of the deposited funds will be paid out on average. Since every casino as well as online casino wants to earn something, the payout percentages are always below 100 percent. The lower limit is usually 90 percent.
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Payout Percentages in Online Casinos
Land-based casinos and gaming arcades must comply with the legal requirements regarding the payout ratio of slot machines and similar games. This is not the case on the Internet. Since most online casinos operate from countries such as Gibraltar or Malta, a different law applies to them than to real casinos in Canada. In most cases, the online casinos can determine for themselves how high or low they set the payout ratio. Since the payout ratio is a very important criterion for evaluating an online casino, most of them try to go to the limit of the profit limit. So you not only belong to Online casinos with the highest chances of winning , compared to land-based casinos, you have a big advantage.
The costs that land-based casinos have due to the maintenance of numerous slot machines must be recouped through the use of players in slot machines. The payout ratio for slot machines in land-based casinos is therefore significantly lower. Because not only the electricity, but also the employees for emptying the machines must be paid. Automata can also have a defect, which then needs to be fixed. These are all costs of the land-based casino that affect the payout percentage. In the online casino, on the other hand, the costs are extremely low: although a server with the games, a security manager and some other employees have to be maintained, an online casino has big savings solely due to the electricity savings, which in the case of an online casino the player pays for himself by operating the computer.
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For the benefit of the player, the above-mentioned free to set payout percentage of online casinos. This creates a competition on the Internet that forces providers to progress. Only the online gambling providers with the best payout percentages and the largest range of casino games will be able to boast a very large customer segment and thus have the largest revenue in the long run.
As a player, however, you should not rely on the generally stated payout ratio of an online casino. The payout ratio varies from game to game, so that in a good online casino it also depends on the choice of the right slot machine. For example, the average payout ratio of an online casino may be about 94 percent, but with Book of Ra it is 96 percent and with Cash Fruits only 92 percent. However, one often reaches the limits here. Most online casinos do not directly state what the odds are for a particular game. If anything, you give an average number for the entire casino. However, there are a few exceptions, such as the Sunmaker Casino, which lists the payout percentage for each individual game. A game can already be started without logging in and then the question mark can be clicked at the bottom left. There you will find an indication of the respective payout percentage of the game.
Are the payout percentages really that important for a player?
After the long explanations, many players probably ask themselves the question of whether you notice the different payout ratio at all or whether it has a noticeable effect on your own balance. To answer this question is not quite so easy to answer. After all, in the short term, a win on a slot machine is also possible, even if on average the casino always wins. But it is safe to say that with higher odds you can have fun playing for longer. Because in the long run, a odds difference of more than 3 percent will already be noticeable for frequent players.
However, the fact is also that the odds of providers on the Internet are now extremely low. Most online casinos have moved so close together, at least in terms of the payout ratio, that there are hardly any big differences. The slot machines from different manufacturers or developers have minimal differences, but they usually do not even make themselves felt in the long run. Nevertheless, as a frequent player, you should definitely pay attention to the odds. Unconsciously, you may have ended up with a provider or a slot machine that has a bigger difference. For frequent players, this can be noticeable in the long run. Recreational players, who maybe go to the casino once a month or visit an online casino, do not have to pay so much attention to this.
How can I check the payout percentage myself?
| GLI - Where the game begins ® | |
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| Information: | |
| Company: | Gaming Laboratories International |
| established: | 1989 |
| Address: | 600 Airport Road Lakewood, NJ 08701 United States |
| Website: | www.gaminglabs.com |
The player personally cannot determine or check the payout percentage of a slot machine. However, monthly statistics for each casino can be requested via the Internet from the independent testing body TST (Technical Systems Testing). TST is a part of GLI Company (Gaming Laboratories International), which specializes in reconciling the relationship between the player and the casino. They are committed to ensuring that both the game has a good chance of winning, but the casino also receives its share for hosting gambling games.
The company has been operating in this market since 1993 and knows what is important. TST has been part of GLI since 2010 and since then its capacities and global reach have increased enormously. The company has an eye on the slot machines in iGaming casinos and is in direct contact with the software developers. Because even if the payout ratio depends on the setting of the casino, a possible house advantage is already integrated during the development of the slot machine. By the way, TST is responsible not only for slot machines, but also for other games, such as keno or bingo. Online casinos with a certificate of TST or GLI are considered very reputable.
Among the most famous online casinos, whose game offer is regularly reviewed by TST, are the Winner Casino, the dollargrand Casino and the Mr Green Casino.