Average online casino payout for individual casino games can vary wildly depending on the game played and the player’s skill. In order to calculate typical casino percentage payouts, casino games are separated into three categories: table games like craps and roulette, electronic games like online video poker, and ticket games like online keno. Table games are standard casino games like blackjack, roulette and baccarat. Electronic games are games that rely solely on an electronic mechanism to play online slots to win real money in Canada.
The last category, ticket games, consists of games like bingo and keno, wherein players mark choices on a slip of paper. Ticket games usually offer the lowest online casino payout to the player. These types of games may offer large jackpots, but there is very little chance of actually matching all the numbers necessary to be eligible to win big. For example, a player has a 1 in 389 million chance of matching all fourteen numbers in a standard game of keno. In addition to poor online gambling odds, ticket games rely almost entirely on chance.
This means that there is no possible way for a player to manipulate the online gambling odds in his favour and receive a higher online casino payout. Like ticket games, electronic games offer players very few chances to increase their online casino percentage payouts by manipulating the odds. Unlike ticket games, however, electronic games are set to pay out a certain amount of the time. Casinos typically set their slot machines to pay out between 90-97% of the time.
However, closer inspection reveals that the player will lose his money 10-3% of the time. Electronic games do not offer very good online gambling odds over the long term, but could possibly be beneficial to the player who stops before losing all his money. But here’s one of the best gambling secrets: Casinos preset electronic games. This means that certain machines are set to pay out more than others. For example, research suggests that casinos manipulate slot machines in high traffic areas in order to pay out more frequently. While the casino may take a loss on that individual machine, the sound of the jackpot motivates those nearby to take their chance on the gaming floor.
Among all of the games offered in a casino, table games offer the best payouts. These games are typically played for higher stakes than their ticket and electronic game counterparts, thus proportionally raising their potential profitability. Most table games have a minimum bet of $5. This stands in stark contrast to slot machines, which can often be played for a single coin. There are even some casinos that offer penny slot machines. Table games offer no such wagers.
Most table games also offer players the chance to manipulate the odds of probability in their favour. Table games are often referred to as skill games; a skilful player understands the mathematical principles of the game and may use his knowledge to alter the game’s outcome.
Blackjack is notorious for having card counting systems that claim to reduce the house edge. With extremely accurate card counting, it is mathematically possible to beat the casino at blackjack (less so when playing blackjack online). The possibility of manipulating the game to increase payouts makes blackjack a much better gamble than games without this option. Many popular table games are also preset to have a low house edge. For instance, the most popular bets in baccarat only carry a house edge around 1%. In some table games, the house edge can go up to 5% for a standard bet.
Still, even a 5% house edge is better than the potential 10% house edge you can encounter when playing slots. For the player who is interested in optimizing his payouts at a casino, it is important to stick to the games with the lowest house edge. In most casinos, the games with the lowest house edge are table games. While table games require more skill than ticket or electronic machines, they offer the highest payouts to their players.
Mastering them takes time, but table game prowess can help a player win big at the casino. Recognizing the differences between online casino payouts by the game is perhaps the best kept of gambling secrets. Odds awareness is the first step towards choosing the game that will best increase player profits.