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Which are the highest paying online casinos
Are you after the online casinos with the best payouts? Well, we are all after them but finding the best payout casinos requires a lot of effort as the number of casinos on the Internet is rising by the day.
We did the heavy lifting for you by researching and listing the highest paying casinos in the online world while providing you with tips on how to choose the best payout online casino.
In short, the best payout casinos for 2018 and the years to come are not simply those that offer the highest casino payout percentages but those that also offer flexible rules for players as well as fast and affordable payment method to instantly withdraw your winnings.
An advantageous payout percentage might be swept away by a payment method that charges excessive fees, for example. That is why we assess multiple factors when determining the online casinos with best returns.
But let’s start with the basics.
Basics of online casino payout percentages
You should know that the top online casino payout percentages are calculated on the basis of the average payout a casino is paying out on all games and not what they pay out on a specific game.
Also, you can easily find online casinos with high return on a specific game since all the casinos advertise one or more games with top payout percentages. Nonetheless, prepare yourself for not winning all the time, especially with games where your skills do not determine the outcome of the game. Those are games of luck such as slots, roulette, baccarat and many other casino games.
Most of the best payout percentage online casinos are also quick to release your winnings, so take your time and check what the average time for paying out your winnings is. It depends on your prefer payment method as well, but the casinos that are willing to offer higher returns to gamblers are also the ones that pay fast in order to retain their customers on site.
What online casino RTP stand for
Return to Player percentage is a major factor to consider when researching online casinos with top return. RTP is usually associated with the percentage being paid out to gamblers who play on the casino’s slot machines. This percentage actually represents the amount of money a slot machine, including a virtual one, will return to gamblers on the basis of the total amount of money put into that particular slots game.
In other words, casinos RTP for slots games determine how much of the money bet on a slots game will return to players, in percentage of the total amount bet. If the RTP rate is, say, 92%, then a slots game will return 92% of the total amount of money put into that game over the long run, randomly.
There is no specific moment in time when the slots game will cough up winnings but in the course of 1,000 plays and more, the game will pay out 92% of all money back.
That is why it is advisable to have a casino RTP list at hand and check which slots are paying back what amounts to gamblers. Bear in mind that RTPs for different slots may vary greatly from game to game and from an online casino to another.
What is the average payout on slot machines
The average payout of a slot machine depends on the software developer only. Sure, there are requirements about the minimum RTP but the software developer is programming the machine to pay out a certain percentage. Usually, the online casino operator is able only to change the return percentage within specified limits that are required by the respective legislation.
The highest paying online casino slots might have RTP of up to 99%, which means they will return up to 900 on every 1,000 credits you enter into the slots game. There is no single highest paying online casino slot, however, as it is up to the software developer and the casino operator to set the return percentage rate for each individual slots game.
On the other hand, the highest paying online casinos will always offer a number of slots games with very high return rates to attract new clients and retain existing customers.
The payout percentage on slot machines varies between 82% and 99%. The average payout on slots games in the best payout casinos in the USA is between 90% and 93%, depending on the state where the casino company is operating.
The good news is that every of the best payout online casinos in the USA maintains a casino RTP list and has pay table page of slots games where you can find what is the return percentage for each and every game of slots.
What casino game has the best chance of winning
In contrast to some popular beliefs, the casino game with the greatest payouts is not roulette or baccarat but progressive jackpot slots. Some casinos with highest slot payouts have progressive jackpots in the range of tens of millions of dollars, which means you can become a millionaire in seconds if you happen to hit the progressive jackpot on a slots game.
Hitting such a jackpot is very hard, however. Therefore, online casinos with best return offer to players other games where the house edge is lower, which means that you win lower amounts but more often.
The best online casino payouts for US players, actually for any gambler that is looking for acceptable odds, are in games such as:
Casinos are made to make money, not to lose. Even if you play at the best payout rate online casino, you will lose money over the long run. It is called house edge and the rate varies depending on the casino game you are playing.
With blackjack, you will lose 5 cents on every $10 dollars you bet over a long period of time. This amount goes up to 10 cents lost on every $10 bet when you play baccarat or craps. You are set to lose from 27 to 53 cents for every $10 you bet on roulette, depending on the game rules.
So, if you wonder what casino game has the best payout, you now know the answer – progressive jackpot slots if you are after a one-time big winning that depends solely on your luck. Alternatively, you can turn to blackjack, baccarat, craps or roulette if you are looking for lesser but more regular winnings.
How to choose the best payout online casino
As we said, you should research the total amount of winnings the online casino has paid out to gamblers on all games. You should also need to have multiple and fast payment methods to cash out your winning plays. For instance, the best payout online casinos in the UK and the U.S. are able to deliver your winnings within no more than a day, sometimes within hours.
You should also compare the payout percentages on offer by an online casino to the top 6 highest paying casinos or the top 10 highest paying casinos that operate brick-and-mortar casinos. If the return rates of the online casino operator are better than the return percentage by the land-based casinos, you can consider it an online casino with high return.
Why’s that? The answer lies with the fact that online casinos have markedly lower costs for running their business as compared to land-based casinos. Hence, you should expect highest paying online casinos to offer significantly better payouts compared even to the highest paying traditional casinos.
Check our list of the top 5 best paying casinos across the world and find the highest paying online casinos that also offer a variety of games to choose from. As you know, it is always advantageous to have casino payout percentages verified by a third party and also rest assured you will get your winnings in a fast manner.
Which are the best payout casinos for 2020
You cannot tell which are the highest paying online casinos at the start of any given year. The data about the payout percentages over a short period do not provide enough info for a proper analysis.
As a rule, you should track and assess online casino payout percentages over a period of at least six months to have accurate and actionable info. But it is useful to know what are the maximum payouts by an online casino to get an idea of their strategic policy.
Most gambling experts believe that payout percentages of over 96.5% percent distinguish the online casinos with best returns. Thus, the casino keeps 3.5% of the overall gambling turnover and thus provides acceptable risk rates.
Furthermore, a casino that returns exactly the same percentage to players on a monthly basis is not a best choice. The payout percentage should vary when larger jackpots are being won or new slot games are being introduced. Same day payout casinos are considered to provide one of the highest online casino payout percentages but you still need to check their RTP list and assess their return percentage over a longer period.
Finally, look at the location where the online casino is incorporated because all top highest paying casinos are located in jurisdictions that protect you as a casino player and protect your winnings as well.🎯 You may also like: