Calculating the probability of winning at an online casino is a tricky and complicated matter. Most casinos are therefore committed to transparency and provide a range of statistics to help potential players with their gaming strategy.
Moreover, the rules for calculating payouts are freely available in most casinos – you just have to know how to look for them. That’s why you can find out everything you need to know about payout odds in long-standing and new online casinos here!
In a nutshell, payout percentages are statistics that give players an idea of how likely they are to win in a game or what losses they should expect when gambling. They are also called payout percentages because they indicate how much of the money wagered in the game is returned to the player on average.
Usually, a casino’s payout percentage is given as a percentage. However, they can also take other forms of numbers that can be useful for various reasons.
The best online casinos commission independent testing organisations such as Gaming Laboratories International (GLI) or eCOGRA to produce a monthly report on their current payout percentages.
Often these publicly available test results can be viewed on the online casinos’ website. They can usually be found via links at the bottom of the footer, in the help section or the fairness regulations. They indicate the average payback to all players who played a certain type of game during the last month.
For example, 888 Casino’s current payout rate is a whopping 98.25 per cent overall, meaning that this 98.25 per cent of wagered money was returned to players in September 2018.
This figure varies for different games. In baccarat, it was recently as high as 98.94 percent of the stake that 888 paid back to players for banked bets.
The average payout ratio is calculated using all players who placed bets on the site during the time mentioned. This means that some players are above the average payout and others are below.
If you want to see more detailed information about individual games, the RTP figures are helpful. They indicate the percentages of money that are returned to the players. Usually these can be found for online slot machines, occasionally for other games.
They work similarly to monthly payout percentages, but are calculated by simulations run through the games rather than observing actual player activity.
Often these can be found in catalogues of software manufacturers such as NetEnt. This is because they provide documents on their company website, in online slot reviews or on the information pages of each casino.
Again, some players win more and some win less than this amount. With slot games, it is also important to know the variance of the game. If massive jackpots pay out thousands of euros, a few players may get back amounts of 1 000 per cent or more, but the majority of players will get back less than the average value. So don’t be fooled by these figures.
The term house edge is actually associated with casino games such as roulette and baccarat. In some games, it can also be influenced by effective gaming strategy, such as in blackjack.
Like the RTP percentage, the house edge is based on an average probability and provides a good indicator of what bets should be placed, how and when. In cases where their strategy can affect the house edge, players should work on their skills to maximise their winnings. This is where practice really pays off.
The slot with the highest payout ratio in 2019 comes from NetEnt. The exciting vampire-themed slot game ensures that only 2% of the bets stay in the casino and the rest goes back to the players.
Graphically, this slot is reminiscent of Woodstock and the flower power era and transports you to that colourful world. With balanced gameplay and a variety of bonus features, there’s plenty to win while Hendrix classics play as the soundtrack.
Thunderstruck 2 is one of Microgaming’s latest and greatest slots. The slot game features a huge top prize and yet the house edge is only 3%.
Merkur’s online slot Hocus Pocus Deluxe has an excellent payout rate of 97.47%. With this slot game, you will enjoy a particularly high chance of winning in Merkur’s online gaming rooms.
Novomatic’s Book of Ra is considered one of the most popular and successful slot machines of all time. The house edge of the Novoline slot is only average at 4.9%, but you can still enjoy good odds.
Video poker machines have been a part of every good casino for decades, whether online or offline. The machines, which are based on the rules of draw poker, are designed in such a way that, if you always make your decisions according to the best odds, they even pay out more than they win for the casino. Thus, even the payout ratio of video poker in the online casino can sometimes be over 100%. The most lucrative game is Deuces Wild Video Poker (Fully Pay), which has a payout rate of 100.77%.
Blackjack can be played in many different variants and most of them have a fantastic house edge, often well below 1%. However, it is important to read the rules of the game before you start playing as they will give you an idea of the payout percentage. Blackjack games with a particularly low house edge include Classic Blackjack (single deck), Spanish 21, Switch Blackjack and Double Exposure Blackjack.
Baccarat is a traditional casino card game that has risen up the casino gaming popularity ladder in recent years due to the growing popularity of online casinos. By betting on the player’s cards (1.24% house edge) or the dealer’s cards (1.06% house edge), you enjoy excellent odds of winning at almost 49%.
The game of craps, which is especially popular in North America, can also be played at almost all online casinos in Germany. The game’s main bets, “Pass” and “Don’t Pass” have a house edge of only 1.36% and 1.41% respectively.
This exotic poker variant is one of the many different versions of the card game offered at online casinos. With the exception of Video Poker, Pai Gow is considered the best alternative for poker fans, as the game has a house edge of only 1.46%.
The payout percentage is expressed as a percentage and describes the proportion of the bets on a game or casino that goes back to the players and does not go to the casino as winnings.
The house edge describes the percentage of casino games that the casino reserves as winnings. This percentage of the total bets goes to the casino and the rest is distributed to the players.
Since the house edge of each game varies little or not at all from one casino to another, it depends mainly on the game selection. If a casino prefers to offer games with a high house edge, the overall payout ratio of the casino decreases.
The casino games with the best odds are Blackjack, Baccarat and Video Poker. Among the slot machines, the virtual slots Blood Suckers and Kings of Chicago from NetEnt, Book of Ra from Novoline and Thunderstruck 2 from Microgaming are convincing.
In classic casino games, the payout odds are especially low for side bets, such as the tables bet in Baccarat (14.36% house edge), the bet on any seven in Craps (16.67%) or various special bets in Sic Bo (up to 33%). The popular game of Keno is also known for its low payout rate (around 75%).
You can find the online casinos with the best payout ratios here with us. We have checked the payout ratios of many online casinos for Germany and have listed the internet casinos with the lowest house edge here on this page.