Classifying Online Casino Games Based on Payouts
Classifying Online Casino Games Based on Payouts
Average payout ratio is the term that all online casino players should completely understand. In the long run a person wagering at an online casino is expected to lose money. This does not mean that nobody will win. There will be winners and there will be losers but if all the payouts are combined then they will be less than the total wagers. This is because online casino games are designed to have a house edge which provides them with means to cover costs and make profits. The average payout ratio is the proportion of the wagered amount that a player can expect to get back in the long run. It is usually between 95% and 100% depending on the game classification. Therefore it is the essential for new players to know which games pay out more and which pay out less. At the top of the list are most variants of video poker games and blackjack games. These games have a theoretical average payout ratio of more than 99%. There are variants of these games that have significantly lower payout ratios and therefore players need to check out individual variants before wagering. The average payout ratio for online roulette varies from about 95% to 98%. This depends on the variant of roulette being played. Online slot games generally have an average payout ratio of around 95%. In online craps the average payout ratio varies from bet to bet. In some bets it is as low as 85% whereas in some bets it can be as high 98%. The question that is likely to arise in the minds of new players is why they should play any other online casino game apart from blackjack and video poker. There is a very reasonable explanation to this. Both blackjack and video poker games involve the player in decision-making unlike roulette
slots and craps. The theoretical average payout ratio of over 99% is based on the players making the correct decisions all the time. Players who have acquired this expertise usually stick to blackjack and video poker. But new players would not have this expertise and when they play these games they are likely to make mistakes. This can drastically reduce the average payout ratios for such players. Hence for players who do not have the requisite expertise in blackjack and video poker the other online casino games can offer better returns. Everything is not about returns. There are other advantages that need to be factored in. Online casino gaming is also about enjoying oneself. To most players online slots offer far greater pleasure than video poker or blackjack. There is considerably more variety in online slot games. Slot games are visually very rich and have a number of exciting features. If the winning potential is kept aside for a moment
slots provide greater value for money. Another advantage of slots is that they offer very large payouts. In the large progressive jackpot online slots the payout can run into millions of dollars. Whereas such hits are extremely rare many players are willing to take the risk. Even if they do not win they consider their investment well spent because of the enjoyment they have derived. These kinds of wins are just not possible in games like blackjack and video poker. Most online casinos offer a variant of roulette known as French Roulette. It is this variant that offers the highest average payout ratio of all roulette games and new players would be advised to avoid other variants. New players who are interested in craps should find out which are the bets that have higher payout ratios and stay with those. Unfortunately these bets are more complicated ones but it is worth the trouble in figuring them out because they pay out significantly greater amounts compared to the other craps bets. Articles from Casino Advisor
Looking Into Betting Options For Online Slots
After the player selects an online slot game to wager at he has to make up to three important decisions before he can start spinning the reels. This set of dec
isions is known as betting options. It includes selecting the number of paylines
the number of coins wagered per payline and the coin size. Most slot games allow players to choose all three betting options. Some slot games fix the number of coins wagered per payline
usually at one
and this choice is removed from the betting options. There are very few slots that fix both the coin size and the number of coins thus effectively freezing the line bet. Before the betting options are discussed two terms need to be clearly defined. The line bet is the amount wagered per payline and is the product of the coin size and the number of coins per payline. The total bet is the total amount wagered per spin and is the product of the line bet and the number of paylines selected. Most online slot games allow players to choose the number of paylines. However this is only a nominal choice because it makes little sense to play the online slot game without enabling all the paylines. Winning combinations
except for the scatter wins
result in payouts only if they occur in an enabled payline. The worst nightmare for a slots player can be to see five of like symbols in a payline that is not enabled. Progressive jackpot online slots emphasize the need for selecting all paylines even more pointedly. The progressive jackpot usually pays out only when the stated combination occurs in the highest payline. By selecting all paylines the total bet per spin can increase drastically
especially if the player has chosen a slot game that has 50 or 100 paylines. In such cases the player should enable all paylines and reduce his line bet so as to remain within budget. The coin size and the number of coins per payline together contribute to the line bet. Some slot games allow only one coin to be wagered per payline
but they have a larger coin size range with a fair degree of choice within that range. The slot games that allow players choose the number of coins usually have a smaller coin size range with fewer stops in that range. Either way it usually works out to the same thing. Consider the slot game Mayan Queen that offers one coin per payline with the following coin size range: 0.01
0.02
0.03
0.04
0.05
0.06
0.07
0.08
0.09
0.1
0.25
0.5
1
2.5 and 5.00. This gives a line bet range from 0.01 to 5.00 with 15 stops. There is another recently released slot game Moonlight Mystery that offers up to 5 coins per payline and coin sizes of 0.01
0.05
0.1
0.25 and 0.5. This gives a line bet range from 0.01 to 2.50 with 18 stops. Hence the coin size and number of coins per payline have to be chosen in conjunction with each other so that the player gets the desired line bet. The line bet must be decided based on the players bankroll for the session and the number of spins that he expects to play. Suppose that the player has a bankroll of 100 credits and wants to play 100 spins. Then he should go for a line bet of 1.00. In games like Mayan Queen he simply chooses the coin size of 1.00. In games like Moonlight Mystery he can choose 2 coins of size 0.50 or 4 coins of size 0.25. Both options are essentially the same. Whatever the player wins can be kept aside for another day. Articles from Casino Advisor






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September 12th, 2010 at 10:52 am