Can You Really Win Money at an Online Casino?
Despite being strongly regulated and trusted by millions of people worldwide, the online casino industry still comes under suspicion from some. This is because they believe that the casinos are rigged, designed to unfairly cheat them out of money. So, what’s the reality? Can you gamble online and win real money?
The answer is unequivocal: you can absolutely win money at a genuine online casino in India if you’re lucky enough, and many people have done so in the past. In fact, there’s almost definitely someone scooping a win right now, as you’re reading through this page on how to win money at online casinos.
But how can you be sure that you’re being given a fair chance of winning cash? The answer comes in the form of regulators, which are government organisations charged with monitoring and policing how casinos act. The most reputable is the Gambling Commission from the UK, however other highly regarded regulators come from Malta, Gibraltar and Sweden.
Don’t forget to also play at casinos with great reputations to ensure you can easily withdraw any money you do win. It shouldn’t take more than a couple of days for withdrawal requests to be processed, and this is the case at all the online casinos we recommend.
The Maths Behind Winning
Winning money at an online casino might have some gambling skills to it if you’re playing a game like a blackjack. Mostly, however, whether you win is down to luck. This is because every online casino game, aside from live dealer games, is controlled by a random number generator, which is a piece of software that randomly decides on the next cards to be dealt or how the reels will land. Crucially, this RNG can’t be manipulated by players or by the casino. What’s more, this RNG will be checked thoroughly by the regulatory authority before they provide a licence.
The mechanics of the random number generator at different games will mean that they’ll all pay out different average amounts. The amount a game pays back is called its return-to-player, and it is represented as a percentage. So, for example, if a slot has an RTP of 96%, it will pay back, on average, £96 for every £100 spent on it. This is, however, only an average. One player winning a huge prize worth tens of thousands will mean many others have to win nothing to level the average out.
It should be noted that the return-to-player of many games is based on you playing perfect strategy. For example, if you want to have the maximum RTP when playing roulette, you have to only ever bet on even-money selections – choosing any other bet will lower the RTP and therefore see your chances of winning declining.
Best Online Casino Games to Win Money
As you might have already worked out, the higher the RTP of a game, the better your chances are of winning money when you play. Therefore, whether you win money at an online casino is influenced by how good the RTP of a game is. But what are the chances of earning some online casino real winnings when playing specific games? Take a look below to learn about the RTPs of the most popular games at online casinos.
There are loads of different variations of blackjack, each of which has a different return-to-player. On average, however, you’ll find that blackjack has an RTP of around 99.5%, making it one of the best games to play if you simply want to win money at a casino. You should remember that this RTP only applies if you play perfect strategy, which is incredibly tough to do.
As with blackjack, there are plenty of types of roulette. However, the three main variations are French, European and American. French has an RTP of 98.65%, while European roulette has an RTP of 97.3%. American roulette has the worst RTP by far, as it comes in at just 94.74%. Please remember that these RTPs only apply when placing even money bets.
Despite having to pay commission on any winning bets on the banker, it is this bet that has the highest RTP – 98.94%. The player bet has a slightly lower RTP of 98.76%, while the tie bet has an RTP of just 85.56%. So, whatever you do, avoid the tie bet if you want to win money playing baccarat!
It’s impossible to give an exact answer on the RTPs of slots. This is because all slot machines have differing RTPs, depending on the way the developer has created the game. At the highest end of the scale, you’ll find slots with RTPs of over 98%. However, at the lower end of the scale, there are slots with RTPs of less than 90%. However, the average is about 96%.
If you’re looking for a game with the best RTP, you should consider video poker. This is because some versions of the game offer an RTP of over 100%, meaning that you should make money in the long run if you play perfectly. The problem is this: very few people are good enough at video poker to play the perfect strategy for a prolonged period of time.
Real Online Casino Winners
The biggest ever online casino win came in 2013 when a Finnish player won a massive €17.7 million playing the hugely popular Mega Fortune, a progressive jackpot slot from NetEnt. Amazingly, he only wagered 25 cents before he scooped the huge prize. This prize was won at PAF.com, an online casino operated by the Finnish government.
Another huge win occurred in 2015 when a British soldier won £13.2 million while playing Mega Moolah – another progressive jackpot slot, but this time created by Microgaming. He was playing at Betway and was only risking 25p per spin when he won the huge prize.
So, can you gamble online and win real money? The above examples, as well as many more, show that you absolutely can! Of course, there’s only ever one big winner, though, and that’s the casino, which rarely fails to earn money on a daily basis.