What is the pay out casino?
The Refund Rate in Online Casinos
As you may have noticed, thepay out in all online casinos is much higher than in land based casinos. This difference can be explained by the fact that running costs are much lower in an online casino than in a real casino. In fact, even though refund levels can go up to 92% in an actual casino in an online casino the rates can be up to 98%. An online casino has much lower costs than a real casino due to the absence of rent to pay, of staff costs (dealers, cleaning and security staff, restaurant and bar staff etc) not forgetting a part of the gross income from gaming which is paid to the local authorities as tax.
It is not unusual to find table and card games in an online casino refunding more than 94% and 98% for slot machines. It is important to note that online casinos are inspected by independent organisations such as Technical Systems Testing whose logo is displayed by a good few casinos. These organisations verify the pay out casino and some casinos display the rate every month to prove their reliability.
The pay out casino is not standardised and varies from one game to the next. Baccarat does not have the same payout as blackjack or roulette. Slot machines are, as a general rule, the most generous due to the fact that they are the most sought after game by online casino players.
Of itself the pay out casino isn’t a fundamental criteria for the choice of an online casino and other selection criteria are much more important such as the range of games, the software or the response of customer service.