Business News of Wednesday, 11 September 2019

Source: Crumbs Media Group Ltd

RTP in Online Casinos: Which casinos payout the most

Online casinos are booming in Africa Online casinos are booming in Africa

Online casinos are booming in Africa, and especially Ghanaian players enjoy spinning the reels at the latest slot machines or chasing 21 in Blackjack. While casino games are fun and considered entertainment, deep down, we all want to win some money and have it paid out quickly.

What's important to know is that even though casino games are considered luck-based, you can increase your chance of winning by picking the right online casino and games. The two magic words are RTP, Return to Player, and with wagering requirements.

Keep an eye on RTP and wagering requirements

RTP is the theoretical percentage of all deposits that each game pays back to its players over time. If an online slot has an RTP of 96.88%, then, in theory, for each 1 Ghanaian Cedi deposit, players receive 0.9688 Ghanaian Cedi back. The difference is the online casino's revenue, commonly referred to as the house edge.

Wagering requirements, on the other hand, is not game-based but set by each casino. As a player at any online casino, there is a good chance that when accepting a bonus, you automatically agree to the requirements attached to it. For instance, if a 100% match bonus requires you to wager winnings 35-times, you won't be able to request a payout until you've met the conditions.

Wager-free casino bonuses for the win

So, how does this all relate to payout rates? Well, by choosing an online casino that A) offers casino games with high RTP percentages, and B) bonus and promotions with new wagering requirements, you can increase your chance to win money. The website SmartphoneCasinos.co.uk lists a number of casinos with fair payouts, whereas their fair payout score combines wagering requirements, withdrawal speed and RTP.

One of the brands listed on SmartphoneCasinos is Chilli, an online casino operated by BGO that is also available for Ghanaian players. The casino site currently runs a welcome offer of up to £150 and 10 Free Spins. What's key about the spins is that there are no wagering requirements attached to them. Should you hit the jackpot on your first ten tries, you are allowed to request a payout immediately.

BGO's Chilli Casino also partners with leading developers such as Quickspin, Microgaming, Playtech, and Netent, all of which released games with high RTP percentages. In general, online slots payout around 95-97% of deposits, whereas table games return up to 99% and more to players.

Casinos with a UK license are the most player-friendly

A few years ago, you had to be very careful when signing up with an online casino since there were a lot of black sheep among them. Thanks to the tight regulations in Great Britain, casinos with a UK license have to meet strict criteria to offer their games online legally. If you're based in Ghana, make sure to pick a casino site that has a permit from the United Kingdom. Among those are big names such as Betway, BGO, SlotsHeaven and many more.