Online Casinos With Best Gambling Payouts

With the rise of online gambling, it’s but natural that players look for gaming venues on the Internet that offer them the best possible payouts. I have compiled a list of the top online casinos that offer gamers the highest gambling payouts available. But first, let’s discuss what you need to know about casino payout percentages.

Casino payout percentages are usually computed by comparing the amount of winnings against the actual amounts wagered for all the games at a particular casino. Players should take into account that casino payout percentages do not automatically indicate the results or the future payouts of any game. The term “casino payout” is just used to illustrate the average amount that a bet will generate. So, the expected return on even money bets will be written as 1.00 or 100%. If the house has a 2.7% edge on roulette, for example, the expected return is described as .973 or 97.3%.

With that said, here are some of the online casinos with the best gambling payouts for gamers:

Blackjack Ballroom – 98.55%. The Blackjack Ballroom is part of the Casino Rewards Group, and is a relatively long-standing player in the online gaming industry, having been operational since November 2000. Despite the name, lots of other games are available for the players – over 160 games, according to their website. New games are also being added to their repertoire on a regular basis. Their games are easy to find, since they are all categorized according to type (slots, table games, etc.).

Captain Cooks Casino – 97.66%. Captain Cooks has been operating since 1999 and is one of the most respected and oldest online casinos available today. Despite their age, they are up-to-date with the latest casino technology, and have recently upgraded their Microgaming software to the latest version. Speaking of the software itself, it’s both available in a download version and a flash version. Captain Cooks offers several variants of Blackjack, Video Poker, and table games to suit the varied tastes of gamers.

Crazy Vegas Casino – 97.34%. The ongoing bonuses they offer attract a lot of loyal players. A 15% bonus on every deposit, plus $11 free and a 100% match-up bonus for up to $100 – no wonder this casino is a favorite among online gamers. They also offer some of the lowest betting limits anywhere for many of their games. Several versions of blackjack, video poker, slot machines, and other table games are on hand to provide a plethora of gaming fun and excitement to their patrons.

Fortune Room Casino – 97.18%. A member of the Fortune Lounge group and operational for more than 5 years, the Fortune Room Casino offers all the bells and whistles of a rich casino experience through the download version of their software. Players can get it from the sophisticated website, which provides a wealth of handy and useful information about the casino, banking, customer support, and the games, of course. Players can even review their account history down to the last cards they played with the Playcheck and Cashcheck technology that Fortune Room uses. This really helps players who want to analyze their plays and keep track of their wins and losses.

Organise Yourself to Protect Your Gambling Profits – Even If You Aren’t an Accountant

I want to start by telling you a quick story that highlights why organisation is so useful. About one year ago I was taking advantage of a lot of sports betting free offers in quick succession. I went through probably six in under two weeks. It was great, the money was pouring in £25 here £50 there.

I was pretty new to online gambling in those days and didn’t really care about keeping records of what I was doing. I just went from one offer to another and looked in on my bank account every so often to make sure it was steadily increasing. Organisation and record keeping are for accountants – well that’s what I thought then.

A few months later I happened to log into a bookie account that I had forgotten that I had signed up to. It turned out that I had deposited £50 there and just forgot about it. Although £50 doesn’t sound like much money if I had done this several times it could have built to a substantial amount.

I went and checked back through my emails and tried different sites that I may have already joined up to. I found another £75 in winnings that I had forgotten to withdraw from 4 months previously. There may have been more out there I really don’t know.

But that was enough money almost lost to make me reconsider my attitude towards keeping records. Now I keep track of the date I join a site, the name of the site, the amount deposited, the odds staked and laid (if I am matched betting), the net profit and the details of any cashback I have received.

One benefit of this is that I had never considered before is that occasionally the bookie can make a mistake in your payout. I had never even checked before I started keeping records of my transactions. It also guarantees that you will never forget a deposit that you have made and any cashback owed to you can be chased up if it is not awarded.

It is so simple to create a spreadsheet in excel or whatever package you use. Keeping it up to date is easy too – just get into the habit of recording the information as soon as you have made a bet or joined a new site. It soon becomes a habit that you will be glad you adopted.

So no excuses, good record keeping isn’t just for accountants. Start being more organised and do your bank account a favour.

Gambling Tip – The Importance of Bankroll

I have written and talked about the four ingredients necessary to be a successful gambler. They are bankroll, knowledge, money management and discipline.

Discipline is the most important in the end. It is the ability to walk away a winner or with minimal losses. However, before you can use knowledge of the game, money management techniques and eventually discipline, it all starts with bankroll.

Most people will scrape up whatever money they can and think that luck, law of averages or some other illogical theory will make them a winner. It doesn’t happen that way.

A small bankroll causes you to play scared and you will make decisions that coincide with your shortage of money. A small bankroll is such a disadvantage that you find yourself making moves just to stay in the game instead of taking advantage of the beating the house when you encounter a good hot or cold streak.

For example, let’s say a bet calls for taking or laying odds and you don’t have enough money to do it. So you merely make the flat bet. The bet wins but look what your lack of bankroll has done to you. It affected your play and caused you to change an appropriate betting decision because you didn’t have the proper bankroll.

There are two main reasons why most gamblers go down the tubes. Lack of a loss limit and lack of a win goal. These are determined by your bankroll.

A loss limit is a limit you set on what your losses will be for a certain day, game or table. It’s the limit you lose. You never bet down to your last chip.

A session should last until either your win goal is accomplished or your loss limit is reached. When you lose that predetermined amount your play is over.

Loss limits will completely eliminate the possibility of ever going broke. A 50% loss limit should be used but no more than 60%. This means I can lose anywhere up to 60% but never exceed it. My buy in is usually $3000, so I will never draw down more than $1800. The reason you take more money with you than you put at risk is to eliminate playing with scared money. If you are tempted to play with the extra money then you have no discipline. You can make the loss limit lower but not below 25%. You give up your recovery power the more you lower your loss limit.

When you are losing you don’t have to wait for your exact percentage to be reached to quit. When I’m losing at a certain point and can’t get going I realize I’m in the wrong spot and pack it in at less than my loss limit.

Just as important as a loss limit is the win goal. This is the amount of money you set as the goal you want to reach.

This win goal must be set before your first bet, not after you get ahead. It must be set on your starting bankroll same as the loss limit. I usually set my win goal at 20% but never more than 30%. That is not to say that I can’t win more than that 20% or 30%. When I reach my goal I will continue playing until I have a losing shooter. I will continue as long I’m still winning or breaking even.

The win goal is only a point you want to reach and then guarantee your profit for the session.

Win goals must be made small, so we can attain them easily, and then go for the bigger returns.

We must accept the fact that gambling is a tough business and that winning small amounts consistently is better than always going for that big hit. We’ll have our big days but the main thing is to minimize losses. If you adhere to the money management, knowledge and discipline techniques presented in the numerous Benson systems, you will see how much longer your bankroll will stay active. As long as you have that bankroll to compete, you’re a threat to the casinos.