Understanding Payout Percentages
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Understanding Payout Percentages

More often than not, we decide to select one online casino over another because of some very differentiating factors. You weigh the pros and the cons and then decide feasibility. It’s a very analytic decision for most, since you’re putting money into it. And let’s admit it; we take our gaming very seriously.

One such defining aspect that poses as an incentive for many is the payout ratio, also referred to RTP or Return to Player.

What Determines The Payout Ratio?

Most people believe the misconception that the RTP is calculated on the basis of the spins. Not quite. In truth, it is actually completely dependent on the way the symbols are positioned on the reels.

Understanding “Money In” And “Money Gambled”

Let’s say for instance you’ve betted about $100. This is your “Money In”. The amount that you’ve actually gambled is different. You could play at $10 a spin, and get 10 spins in total. Because of the increase in probability of your win, you may even win some additional spins, hence increasing your total spin chances.

Again, the amount that you gamble on will not impact your payout percentage; that is only determined on the symbol positions of the reels.

The Online Payouts Compared To Offline

On average, the casinos, pubs and other gaming houses provide a maximum of 87% payout. This is quite less, compared to what your online could offer you. Ever wondered why? They fact is that because the land based casinos have other utility expenses to cover, they cannot really afford the exceptionally high payouts.

While on the other hand, your online casinos enjoy the advantage of the “brickless” system. They have no overhead costs to cover and hence can afford payout percentages as high as 97%!

So what does this mean for you? Online pokie machines may not guarantee a win – since they all operate on pure chance, controlled and programmed by a software system – they do offer a chance of more return on your money on a long-term basis.

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