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Online Casino Payouts FAQ
Though, I m trying to describe carefully the idea of the online casino payouts in the proper section of Casino Payouts , it still got a lot of questions and misinterpretations. Anyway, here is a quick FAQ, IMHO, short, clear and useful. Good Luck!
What is Casino Payouts?
Casino Payouts is a combined amount of all bets made, divided by the whole amount of winnings received from this bets and expressed in percents. As usually, this percent is calculated for the certain period of time, mostly -monthly.
Keep in mind, that the divisible amount are not the sum of all deposits made. Deposits and wagered bets - are the different things, as players can wager not only the deposited amounts, but the bonus money or any loyalty points. So, in this case, the all wagered bets could be higher than the deposited amount. The player can deposit a hundred dollars, but due to the equal bonus amount added can withdraw $150, $180 or even $200 dollars. But this will not shows, that this casino has a 200% payouts :) If you calculate the payouts by the offered formula, you ll see, that casino payouts will be less or closer to the 100% but not over it!
What the different Online Casino Payouts got?
There is no any special differences between on-land and online casinos payouts. The main nuance of online casinos is - big amounts of free bonuses. This free money are added to the players balances and all bets, wagered of this money are calculated for the payout percentages. So, it looks, like you made a double deposits.
What is the numbers of online casino payouts and why?
As usually, online casinos has a payout percentages of 92-98%. Sometimes, they pays out 102% or 105% percentages, but it happens very rare and only when some of the players hit a big Progressive Jackpot. As the amount of the progressive jackpot are collected from the several casinos in the network, so the prize amount could be higher then the sum of deposits and bonuses made in the current online casino.
Well, if it describe closer to the real numbers, so for every 100 dollars, deposited in the online casino, a player will withdraw in average 96 dollars back. And this will made, that this casino has a 96% payouts.
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