No need for casino players to worry about cheating
December 1, 2008, 10:34 am (4 years ago)
An analytical television newsmagazine 60 Minutes announced a big cheating scandal allegedly with over 20 million dollars unjustly taken from players by other players. This allegation has definitely damaged the reputation of the online poker industry. Needless to say, many online poker players are now with doubt and fear playing.
On the other hand, for online casinos, this kind of cases should not bother online casino players. Online casinos are arranged to the identical standards as land-based casinos in Las Vegas and Atlantic City casinos to the extent that their mechanical games are concerned. In Las Vegas slot machines are set to payout an average of 83-88 % of the time, whilst online casinos have much better %.
Some online casinos even place their slot machine payout % to as high as 97%. It simply means that for every dollar spent, 97 cents will be paid back, while only 83 cents are being paid back in Las Vegas. In this way, online casinos are trying to attract players to come back to play at their site and so as to compete with what land based casinos are offering.