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Casino Slots with generous odds? Look for the payback rates

December 17th, 2009

The casino always has an advantage over the player, that is what’s called the ‘house edge’. Playing at an online casino or any casino for that matter is always a risk of losing money. Yet, winning at online casinos is always possible otherwise no one would be going to them. You’re probably asking, is there a way of determining if a casino has generous or loose payout rates?

The term Payback Rates or Payout Rates are the same. This is how casinos manage the “looseness” of the games. These terms refer to a percentage that ranges normally between 90% and 99%. Understanding this percentage is very easy. It means that over a very long period of time a particular casino game will return that percentage of the bets it receives. A slot game with a payout rate of 95% that has received $1,000,000 in bets, will pay out $950,000 of the bets in the long run. The casino has only kept $50,000 of the million bets made on the game. Now, watch out. This does not imply that if you put in $100 into a machine it will pay out $95. The payout rate is the average of the return bets over long periods of time, sometimes involving years. The game does not play exactly its payout percentage on every session. While you may see above 100% others may see payouts under 90%. In the end it averages out and only a few players actually make a profit.

Did you know that online casinos normally publish their payout rates? Go into any game you want to play and click on the “Help” section of the game. Scroll down to the bottom and you’ll find the expected Payout rates for the game. Reputable casinos will often have the real payout rates, so this can give you an idea of your chances of winning at any particular slot game. The closer the Payout Rate to 100% the more chances you’ll have of hitting big or at least playing longer. Just remember as we pointed out above that the payout rates in the short term are volatile and cannot guarantee any sort of expectation.

Best payout rate for Rival-Powered Video Slots

October 23rd, 2009

We’ve been inquiring several Rival-powered casinos about how well their video slots have been paying for the month of October 2009. Most casinos were shy to reveal these numbers so we went to Superior Casino that have claimed numerous times that they are not bashful about these matters. So, after a couple of emails back and forth, we have now their list of best paying video slots.

They presented to us four video slots that are over 100% in payback rates. Here are the four titans:

1) Moonlight Mystery with a payout rate of 111.50%. Relatively new this video slot game has players at the edge of their seat with the mysterious happenings in the Dunnit Manor. Players should get to play this game as it has very entertaining characters in its reels and one unforgettable bonus round.

2) Scary Rich with 105.29% payback. This one is certainly a classic and it is well known for its high variance levels. Just shy of over a week to Halloween this slot will definitely see a lot more action soon. If all goes well for the players, they should be seeing mighty profits here.

3) Grandma’s Attic with 105.23% payout, just below the second position. This is not as famous and popular as the above two video slots. It has simpler graphics and mellow music. The player does enjoy a bonus round that comes often to deliver jackpot coins.

4) So 80’s is just above water with 101.18% payout rate. This is a very popular video slots especially for high rollers as it is known to pay very highly when you spin for $20 or more. It does not have as high variance as Scary Rich, so high-rollers prefer to spin on this one so their money last longer.

There you have it, four online video slots with over 100% payout rates. Certainly good to hear that the new slots coming out are loose for this autumn season. Check back for more updates and news here at Free Slots Online blog.