What are the Chances of Winning Cash from a Casino Online?

The world of gambling has become more accessible with the availability of online casinos. With phones, tablet, and PC, a player gets as much fun (if not more) as they would get in a brick and mortar casino. On top of that, casinos online have more bonuses, free spins and promotions than the physical one.

In terms of winning, players have been asking what the chances of winning at casinos online are and that is what we are going to take a closer look at in this article.

Worth keep in mind is that casino winnings depends mainly on luck.

Here are the significant factors you should know about if you are looking to increase your chance of winning.

RTP

Return to Player (RTP) is the theoretical percentage of the bet a casino is paying back to the player.

RTP varies from game to game and is present in every casino game – slots, table games, jackpot machines and so on.

  • Low RTP ranges between 88% to 94%,
  • Medium RTP is from 95% to 97%,
  • High  from 98% above.

Even though high RTP doesn’t necessarily equate to automatic wins, it increases your chances of cashing out.

Worth knowing about RTP. If you compare the same game at an online casino and a land-based one, the online casinos often offers a higher RTP. That means you have a higher chance of winning if you play online.

In-game features

Most new casino games are laden with lucrative in-game features that has an potential for big wins.

Such game features are bonus rounds and free spins. When triggering one, the chance of winnings are increased a lot. It is a common practice by veteran gamblers to stick with the machines with the highest potential. Games such as Bonanza, Book of Dead and Danger High Voltage are an example of popular ‘high roller’ machines.

Volatility

A casino game can be splitted into 3 categories of volatility. Low, medium and high.

  • Low volatility. While a low volatile game has the lowest max wins, they usually pay them out more frequently. If you combine it with a high RTP and a casino bonus then you will increase the chances of wagering a bonus immensely.
  • Medium volatility are usually the standards, they have decent payout frequency and the wins can stretch up to a few hundred times the bet.
  • High volatile games have a low payout frequency but the winnings are more significant. Whit a bit of luck you can win several thousand times your stake with one single spin. These are the ones you should go for if you want to gamble for that life changing win.

Progressive jackpots

Progressive jackpots are jackpots whereby a token of every player’s bet is contributed to the central pot, which drops as soon as someone hits the right combination.

It is called progressive jackpots because it grows collectively as players’ wagers are added to it every time it is played.

It is a network of shared pots by casinos that subscribe to it. Thus, a player from any of such participating casinos can win the pooled jackpot.

Admittedly, winning a progressive jackpot is really rare which make you leave the casino empty handed the most plausible scenario. It is in general not a good strategy for the one who want to leave the casino with a nice cash out.

Local jackpots

Local jackpots are jackpots that apply to a particular game and casino.

This kind of jackpot doesn’t grow outside the local game; instead, it is tied to the specific machine and has a lower total jackpot amount compared to a progressive one.

Players who play for local jackpots often stand a higher chance of winning it compared to the progressive one. And in some cases, when the local jackpot is high, it can make sense to chase for it.

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