Average Payout Rate

Since it’s the house drop that really matters and not the house edge (which only induces the house drop and which is smaller online too), it’s more than obvious that online casinos offer much better deals compared to land based casinos any day. Does the negative EV mean that you won’t ever win anything in a casino? No. Variance means that you can win and you can win big. What the negative EV and the Payout rates express, is that over the long run, the wagers and the winnings of several players cumulated, will point to a player loss. Some of the best payout rate games are blackjack and video poker. These are the only casino games which give players the opportunity to make a choice and thus to influence the outcome. Besides the fact that they offer excellent payout rates from the get go, some video poker games can supposedly be turned into positive EV ones through optimal strategy. Blackjack works in a rather similar manner. Players make certain choices which directly impact the outcome of a hand. It is a widely known fact that by learning basic blackjack strategy, a player can significantly diminish the house edge, and as a result of that, the house drop too. Through certain practices (card counting) blackjack can even be turned into a positive EV game for the player. How can online casinos afford to offer such excellent payout rates on these games? After all, their objective is to make money while providing entertainment, not to entertain people by losing money. The answer is simple: if everyone played perfect optimal strategy at blackjack and Video Poker, the casino would hardly make any money on these games. Fortunately, 99% of customers have no idea about strategy or they don’t care to bother. That’s how the casino makes money on VP and BJ. Still other players prefer to head on over to the roulette table or to the keno one where the house edge is bigger.