How Online Casinos Limit Payouts
Have you ever wondered if online casinos limit the maximum pay outs that players can win playing the different games? Well the answer is yes, there is a couple of different ways that this is done. The first reference is that they can limit the amount that can be wagered since the pay out ratios are secure, the maximum win is at a fixed rate. The second method is to directly limit the pay out, of course this doesn’t apply towards playing the Progressive Jackpot games.
There of course is good reasoning for the casinos to limit the maximum pay out and that is so they won’t be in a situation of possibly facing unlimited liability. A prime example would be that a player wagers a huge amount and wins or if someone is really lucky, then the online casino that you are playing at may have to make a pay out that they have not provided for and this can ruin their financial calculations.
The other most important reason is that online casinos do not want to encourage the player to go over their heads financially, so they limit the maximum pay out amount. You will notice that almost all of the online casinos that you play at makes it clear as to what these limits are and how they are used. You will notice that these limits are applied differently for each individual casino.
With the online slot games being so popular these days we will start with these games. The total bet per spin is referred to as the maximum amount wagered is controlled by limiting the betting opportunities. The number of pay lines are limited and the number of coins that can be wagered per pay line along with the coin denomination. The amount of coins wagered is in conjunction with the pay out ratio, so this automatically puts a limit on the maximum pay out.
Slot games also have the free spins bonus round,since it is called a free spin feature no additional wagers are placed while the free spins are being played. In some cases the free spins can be in re triggered within the feature, so this means the player can build up there pay outs. Therefore most the the games do have a certain limit on the number of free spins that can be re triggered with an upper limit for the pay out in the free spins round. If the player does by chance reach this limit then the free spins feature will come to an end.
There is a special feature with some of the online slots and video poker games that is called the gamble feature. This feature can be very rewarding as it can double or triple the pay out. If luck is on your side you could win a huge amount if the original pay out was big. So this is why casinos online can limit the maximum pay out that can be received with playing the gamble feature games
It isn’t just the slot games that offer high pay outs and have the limited maximum pay, some of the different Keno games have the same.
Some of the different varieties of Keno offers a pay out of $100,000 for hitting all 15 numbers on one ticket, betting $10.00 a game this pay out amounts to $1,000,000. So if a player decides to wager the max of $10.00 per game and hits all 15 numbers he/she will receive only $250,000 and not $1,000,000. With all of the above mentioned of the issues that may commence when online casinos limit pay outs, every player should understand and look at the pay out pay table.