Gambling/General : The Key to Reading an Online Casino Payout Report

The payout rate can be viewed as the sum of money that an online casino has paid to the winning players. For instance, at a payout rate of 97% you can deduce that 97% of the money gambled at the casino by customers, ended up at the players, and thus the casino lost it.

The meaning behind what I just said is the fact that the casino does not loose 97% of the money, it loses 97% of the player’s money, and furthermore, the important thing is that it wins 3% of that money, which, considering that millions are gambled it is a pretty nice amount.

The payout rate differs from one casino to another. So, as a piece of advice, before you begin playing at an online casino, it would be very wise of you to check out what is the pay rate that the casino has. You can find this on the casino’s home page, because many online casinos are known to display their pay rate there.

All the numbers you can see, refer to what the casino’s pay out rate was the month before. But if you examine it closer, you will see that there is an individual payout rate for every category of games played at the online casino, besides the overall payout rate pertaining to the overall amount of money.

The difference is simple. The individual payout rate of 96% for table games suggests that 96% of the money wagered by players on table games was paid out by the online casino to the winners. Conversely, an overall payout rate of 98% suggests that 98% of the money wagered by all players not taking into account the game that they played, was taken by winning players.