Most, if not all, online casinos are regularly audited by independent organisations that check their payouts and also whether or not the casino can be considered as ‘fair’. When checking if a casino has been independently audited, you should always look out for the ‘eCOGRA ’ symbol, as this non-profit company are the most popular when it comes to payout reports. However, there are other online casino auditors, including Gaming Associates, who consider themselves “industry leading experts”. If you keep an eye out for information on payout percentages, you will soon find that the majority of online casinos feature auditing reports by either of these two organisations.
It is important to note that these payout figures may not be what you receive when you put your money through these games. Instead, they should act as a rough guideline to what to expect from each casino; after all, these figures don’t take into account your own skill, the time played and your betting average. They are still an important factor in choosing a casino, however, and it makes sense to understand what they mean and how this will affect your gameplay.
In 2005, the UK Gambling Commission proposed that games such as slots machines that feature a jackpot of £1,000 and above must have a payout percentage rate of 80%. Most online casinos offer almost 20% more than this, however, meaning that any that offer the gambling commission's minimum rate are far from competitive, and are perhaps not worth playing at.
However, rather than forcing you to seek out this information yourself, we here at Casino Online have compiled data for each of our featured casinos' most recent percentage payout reports for easy reference. The following table shows their average payout percentages across all games:
Payout Percentages By Online Casino
|Casino||Review||Payout Percentage||House Edge||Play Now|
|William Hill Casino||97%||3%|
|Spin Palace Casino||96%||4%|
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For a more in-depth approach, we've included comprehensive payout information on each of our featured casinos in their respective reviews (32Red, Intercasino, Ladbrokes and Spin Palace), as well as the return you could gain from them if your bankroll totalled in at £1000.
As a point of reference, we have included a similar table for a hypothetical casino using the UK gambling commission's 80% minimum payout. This is how your money will look after 1, 10 and 20 cycles:
|Play cycle||80% payout|
To reiterate, this table does not account for any winnings you might receive, nor does it take into account your gaming skill or how much you bet, but it does give a very rough estimation of how many times you can put your coins through a game. As you can see, after 20 play cycles you are left with only £11.36, demonstrating how an 80% payout can be less appealing than it first appears. If you’re looking to increase your odds on winning and stretch your bankroll, our featured online casino reviews are a great place to start.
About Payout Percentages
Checking out an online casinos payout percentage is a helpful way of finding out both the house edge of a casino and how generous they are. Generally, the higher the payout percentages at an online casino, the further your money will go.
However, payout percentages only be used as a rough guide. Usually they're worked out by using the averages of each game, so they obviously can't tell you how much you're likely to lose, or win, on a certain casino game. Much like other aspects of online casinos, payout percentages are something you should bear in mind, but aren't the be all and end all of your casino experience.