Digesting Online Casino Audit Reports
Thursday, February 25th, 2010
In order to ensure fairness, all reputable internet casino operators have their games audited by independent third-party organizations. Not only is this a requirement enforced by the licensing authority in the operator’s jurisdiction, it also done to show players that they are running a fair and reliable business. When it comes to the auditing of online casino games, eCOGRA is one of the most trusted names in the industry, a respected agency that makes its reports publicly available. Anyone player who is new to the realm of online gaming should consider viewing these audit reports and understanding what they mean.
The Big Three
eCOGRA provides online casinos that have demonstrated fairness and responsible gaming with three different sets of certificates. The first set proves that the agency asserts that the operator’s games are fair, and that the company runs a safe and responsible business. The second set is related to the RNG (random number generator) found in most casino games. These certificates are generally issued individually to prove the fairness of the RNGs of games such as blackjack, video poker and roulette. They are provided based on analysis conducted by eCOGRA over a six month period, showing that every number is indeed randomly generated and that the outcomes of all tested games are unbiased.
The Bigger Picture
The Percent Payout Review just may be the most useful and important eCOGRA audit report of all. By viewing this report, you can learn the average payout percentages for a variety of different casino game categories. These categories include “all games,” “poker games,” “slots games,” and “table games.” Conducted on a monthly basis, the figures in this particular report display the percentage of total player winnings vs. the amount wagered in a given month. It should be noted that these numbers represent an average of the payouts and do not determine whether a player will win or lose money. We will provide some real life examples to show you how these percentages work.
In September of 2009, slots games at Platinum Play Casino paid out at an average percentage of 95.60%. This basically means that players were paid out $95.60 for every $100 wagered on those games, with the house keeping $4.40. In the same month, the report indicated that poker games payout at an average of 99.51%. Why such a big difference? Well, because slot games are based more on pure luck while poker requires strategy and optimum decisions. Skilled players who make sound decisions may notice that the payout percentage is either around or above this average. Bad players are more likely to find that the average is significantly below the reported number. The point here is that new players should not automatically assume that the return on online poker games is 99.5% as anything could happen.
Conclusion
Checking out the audit reports published by eCOGRA is something that both new and experienced players should consider doing on regular basis. At the very least, they should review the Percentage Payout Review and base their play on those trends. If you obtain nothing else from these reports, they will give you the assurance that the games you play at a given casino are safe and fair.