Here’s the reality of playing with real money.

Can you actually win real money at online casinos? It’s one of the biggest questions we hear, especially from players who are used to playing at real physical casinos across North America. 

There are plenty of misconceptions about winning and losing. Let’s dive right in so you can feel confident about playing at Caesars Palace Online Casino.

First thing first: You’re never guaranteed to win

Playing real money casino games isn’t about making money. It’s about having fun. If your goal is to turn a big profit playing an online casino game and you know you’ll walk away from the experience feeling bad if you don’t, online casinos aren’t right for you.

We know. Sounds a little strange coming from an online casino. But we’re here to provide a fun experience in a safe, responsible environment. While we love to see players win, you should always go into a game knowing that winning is never guaranteed.

Yes, you can win real money

While winning is never guaranteed, you can win real money. Lots of players at Caesars Palace Online Casino do. Follow us on Instagram and you’ll learn about big wins when they happen. We also cover big 6-figure wins right here on The Forum, filling you in on when and where they happened, and how much was won.

And it’s not just big 6-figure wins. Players win smaller amounts at the slots and tables all the time. Fire up some of our Live Dealer games like Free Bet Blackjack Live and you can watch players win real money in real time without even joining a game.

Different slots come with different payouts

Not all games are created equal. Some slots, for example, offer massive jackpots that don’t hit often. Other games offer smaller jackpots that hit more frequently. And it’s not just the size of the jackpot that counts. It’s the requirements to even put a jackpot in play. On some slots, you might need to bet a certain amount to qualify for a jackpot or a specific bonus round.

The same is true about table games. Every table offers a unique set of payouts. It’s always a good idea to check the payout table and rules for a specific game before diving in.

Pay attention to RTP

Have you heard the term RTP? It stands for Return to Player. And it represents the percentage of funds taken in by a slot machine that’s returned to players in the long run. 

You can find the theoretical RTP listed in the rules section of an online slot machine. You might see this number listed as 97%. That means that 97% of money flowing into the slot machine is returned to players in the long run. So, for every $100 taken in, $97 is returned.

It seems great, but RTP shouldn’t be confused with odds. A 97% RTP doesn’t mean you have a 97% chance of winning. And it doesn’t mean that you’ll win 97% of your money back. It simply means that over time, for every $100 taken in, an average of $97 is returned to players and $3 is kept by the casino.

Volatility can affect perception

Some slot machines are known as high volatility games while others are known as low volatility. When you play a high volatility slot at a real money casino, you may experience long stretches with no wins. But when you do finally win, the payout could be quite large or it might trigger a big bonus feature with shots at even bigger rewards.

On low volatility slots, you might hit more frequent wins. But the payouts are usually smaller. In some cases, they might be the same amount of your original bet (or even less).

Understanding volatility before you sit down will help you understand what type of real money casino payouts are possible.

Hot and cold streaks aren’t real

Think you’re due for a win? You’re not. Just because you lost 10 Blackjack hands in a row, it doesn’t mean that the next hand is going to be a big one. The reverse is also true. Just because you won 10 in a row, it doesn’t mean the next hand will lose. But it also doesn’t mean the next hand will win either. The truth is every single slot spin and single card that hits the table is completely random at a real money casino like Caesars Palace Online Casino.

Bankroll management is important

Players who feel like they never win may be guilty of one big mistake — betting above their budget. If you deposit $100 and you decide to bet $25 per hand, you’re looking at a max of four hands if all four hands lose (and that doesn’t account for splitting or doubling down). Trimming your bet to $2 per hand will give you way more playing power. That’s 50 hands if all 50 hands lose.

The same is true for slots. Keep your bet limit to a low percentage so you can make those spins last, especially on high volatility slots.

And remember, we have Responsible Gaming tools available on the Caesars Palace Online Casino app to help you deposit and play within your limit.

Ready to find your game and play responsibly? Create your Caesars Palace Online Casino account now.