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Over a dozen legal and licensed online casino sites and poker rooms compete for an overall market worth more than USD 225 million a year. Online gambling sites offer many advantages over land-based casinos, allowing them to have significantly higher payout percentages. Land-based casinos have huge operating costs compared to their online cousins. While a land-based casino may have a 70-80% payout percentage, this can be as high as 95% or higher on the world wide web.