How does an online casino ensure that the results each player receives when playing its online casino games are unique? How are payouts for each game structured? And who ensures that internet gambling sites maintain honest and reputable business practices? These questions and more are answered in the following article.
Online casino software developers are huge companies that generate millions of dollars each year. Their main task is to support the online gambling industry by developing new casino games. These games are designed to yield unique results with every turn of the roulette wheel or with every hand of blackjack and poker played. A random number generator (RNG) is embedded in the software that powers gambling games to ensure that a different result occurs every time. This makes it impossible to predict which numbers the roulette wheel will stop at or which cards are going to be dealt to you in a game of poker.
Most of today’s top casinos are regularly subjected to review and are audited by third parties. eCOGRA is the industry’s top watchdog organization and employs the services of PriceWaterhouse Coopers (PWC) to conduct third party audits of its member casinos. Usually the audits target two areas of the internet casino’s business: payout rates and the random number generator used in its MPO888 software.
You can easily find out what the payout rates are at online casinos. Usually the rate is represented as a percentage and is calculated on the incoming bets received by the casino and on those amounts the casino pays out in the form of winnings. The higher the payout rates are on specific games, the greater your chances are of winning them. Payout rates are an important factor to consider when you’re looking at choosing a casino online. Simply put, a higher payout rate indicates that your casino pays out more frequently than other gambling online sites.
Payout rates not only vary from casino to casino, they also vary from game to game. Some gambling games have higher payout rates than others. For example, a casino may offer high rates on progressive slot games but lower than average rates on blackjack or baccarat games. This is why many players tend to play at casinos that offer higher rates on their favorite games rather than across all games as a whole.
Generally payout rates should be in the high 90’s. Individual payout rates on games are nearly always higher at online casinos than they are at live gaming establishments, which helps to explain why so many people prefer playing casino games over the internet.
If you’re interested in locating audit information about your site’s business, you should be able to access it from the main page. Any reputable casino will provide this information for members and prospective members to view. If your casino displays this along with its eCOGRA seal and a valid gaming license from a recognized gambling authority, you know you’re in good hands.