As the number of online casinos continues to rise, casinos have been pushed to the edge to offer players better services in order to stand out of the competition.
One such measure that online casinos have been forced to improve on is their payout.
While it seems not a pressing issue compared to payment methods, customer service and other common metrics of a good casino, there is a shift and the best online casinos are now focusing on improving their payout.
This guide focuses on the best payout online casino and delves deeper on this subject. Therefore expect to learn more about the best paying online casino slots, best payout online casinos, and much more.
What Are the Highest Payout Casino Games?
Casino games have different payout percentage and even specific games with variations also have different payout because they are from different providers. The house edge determines what a player gets as a payout; low house margin means the player has a high payout chance and the vice versa is true. Below is a breakdown of the best payout casino games.
Classic Blackjack 99.87%
Blackjack is a skill table game that is easy to play. All you need to do is beat the dealer and have a card tally of 21 without going over. Even though the house a winning edge of 0.13%, still it presents the highest winning chance of 99.87% way above every other casino game.
Other games are as follows:
- Craps 98.6%
- Baccarat 98.5%
- Poker 98.5%
- Slots 98%
- Roulette 97.5%
- Backgammon 95.18%
Casino Payout Testing Bodies
This is the world’s leading testing body that offers testing services to many online casinos. Not only do they offer games testing but also act as arbitrator. Games tested by them have a seal that is displayed on most casinos.
- iTech Labs
iTech Labs is located in Australia and has been testing online casino games for fairness for over a decade. They offer a whole range of services in the gambling industry from consulting, betting systems to audit.
TST is an abbreviation for Technical Systems Testing. The company was formed in 1993 and is the oldest online casino payout audit body. In 2010 the company merged with its rival Gaming Laboratories International and at the moment they are one entity. Other payout testing bodies are:
- BMM Testlabs
- Gaming Associates
What Are Payout Percentages and Why They Are Important?
A common question among players is, do online casinos really pay out? To answer that question, it is first important to understand what a payout percentage is. The payout percentage is the equivalent of the expected return of any investment.
The casino payout percentage represents the fraction a casino returned to players or how the percentage the players are likely to lose. This is important as a way to establish fairness in a casino and also to establish the games with the highest chances of winning.
In this best payout online casino review, the payout percentage forms an integral part in understanding what leads a player to achieve the best online casino payout.
To put payout percentage into perspective take case of player A who has received a $ 500 bonus and the bonus is restricted to a game with 92% which player B without a bonus but has plays baccarat with a payout of 99%. This tells you that player B has a high chance of having more rounds in the game than player A.
Why Fast Payout Online Casinos Are Better Than Land-Based Casinos
Online casinos are becoming attractive to lots of players. It isn’t a thing of the baby boomers because generation X are quickly gaining traction for online casinos over brick and mortar casinos. One of the reasons behind all these is the fast payout that most online casinos settle bets.
Most players prefer to place bets with casinos that will settle bets in the shortest time possible. As a result, the best payout casinos have adopted lightning fast payment methods, improved on the privacy of players and improved on security.
Another reason why players prefer fast payout online casino is because it is impossible for the casino to engage in malicious practices to rip off players their money.
Players love security and in case a player feels that playing from a land-based casino pose a risk to his security in case the player lands a big win, then players resort to fast online payout casinos. All these factors combined result to many players opting for fastest payout online casinos over brick and mortar casinos.
Payment Methods Used by the Top Payout Online Casinos
The need for fast payout has resulted in payment processing companies improving on their systems to achieve fast transaction processing speed. Old are the days when the cheque was used, hardly will you find an online casino using a cheque to as a payout method. Players, as well as online casinos, are looking for payment methods that are fast and secure. Examples of such payment methods used by the best payout casino online are:
- Cryptocurrencies – Casinos hardly countercheck cryptocurrencies transactions and that’s why the top the list of the fastest payment methods. Even though most cryptocurrencies have different payment processing speeds, they still top the list of the payment method used by best-paying casinos. Examples of cryptocurrencies include bitcoin, Litecoin, Monero, and Ripple.
- E-wallets – these are the most common payment method on use across the best fast payout online casinos. Deposits and withdrawals are processed instantly. However, withdrawals take a while to reflect because the transactions are scrutinized by the security department. Examples of e-wallets include Neteller, Skrill, and PayPal.
- Debit/ Credit cards – Debit and credit cards have a bad reputation for cyber-attack. Despite the bad name, they still form part of the payment methods used by the best payout casinos. Popular debit/credit cards are Visa, MasterCard, and Maestro.
How to Withdraw Winnings at Best Payouts Online Casinos
The process of withdrawing money at casinos with the best payouts is much similar across many sites. The following is a step by step process:
- Log in to your account and head to the finance/cashier section
- Select the payment method that you used to fund your account as your withdrawal method.
- Input the amount that you want to withdraw. Check your casino’s terms and conditions regarding the minimum and maximum withdrawal amount.
- Click on withdraw and wait for the funds to reflect on your bank, card, or wallet.
What to Look Out for in Online Casinos that Pay the Highest
Landing a good casino that payout out high isn’t a walk in the past. It isn’t unheard off casino advertising high payouts only to be duping players into signing up with them.
Therefore, you need to be extra careful before signing up with any of the casinos claiming to have the best online slots payout percentage or have a high payout of other games. To avoid falling prey into such scams, use the following checklist to identify the casinos that payout the most.
If you are serious about playing online, regulation should be your first thing that crosses your mind whenever you are looking for online slots that payout the highest or just casino with a high payout. Regulation acts as a watchdog and ensures the casino upholds the highest level of fairness and transparency.
Best payout casino embraces high-security measures. Security has an impact on the whole operations of the casino from the stability of the order book, RNG to the payouts. Therefore, to settle for the best online casino highest payout ensure you sign up with a casino that uses the latest technology to safeguard its website.
- Mobile gaming
It’s hard for an online casino to stand out without having either a mobile site for its website or a mobile app. In the recent time since the widespread of mobile phone for online gaming players are quickly shifting their attention from desktop to mobile gaming. Therefore if you are hunting for the best payout online casino slots, your casino should also provide mobile access for the game.
- Variety of games
Players gain so much interest with online casinos that have a wide collection of games. Not only is it fun to play from such a casino, but also gives the players room to explore the highest payout online slots.
Reviews from other players are a reflection of a casinos quality of services. The best payout rate online casinos always have lots of positive reviews from other players. Always visits independent review sites whose editors have a reputation for professionalism in the job. A critique of an online casino will assist you to flag the casino.
What to Do to Enjoy Fast Casino Payout
Fast casino payout comes as a result of mutual collaboration by both the player and the casino. For casinos to operate in a safe environment free from fraudulent practices such as money laundering and underage gambling, players are required to verify their account.
Some players overlook this vital requirement which leads to their payments being withheld until they verify their account. This is a mandatory requirement across best online casinos.
To verify your account, you need to share your identity and proof of address credentials. Most casinos will ask you to send the following documents to their security department:
- Copy of either – Driving license/ passport / Government issued ID
- Copy of either – bank statement/ utility bill /
Advantages of Choosing Best Online Casino Fast Payout
An online casino with a fast payout gives players several advantages over casinos that delay their payout. Some of the advantages are as follows:
- High loyalty rewards – you can earn more loyalty points when you receive money to your wallet faster compared to when you have a slow payout.
- High rollover – a casino with fast payout allows the player to reach a high rollover faster compared to casinos with slow payout. With the high rollover, the player is able to achieve a bonus requirement fast.
- Convenient – Fast payout reunites the players with his money, therefore, giving the player the room to spend winnings soon.
Best Payout Online Casino FAQ:
Choose One of our Recommended Top Payout Online Casinos and Start Today!
Payout percentage and payout speed are an area on concern that both the house and the player should exercise caution about. Casinos should strive to provide players with fair games that are not tampered to produce biased payouts and at the same time should work on to improve the payout out processing speeds.
They should provide players with a variety of payment options that will be convenience t for players, the payment options should be secure and guarantee players of their financial information security. Players too should follow religiously the points highlighted in this best payout online casino guide to avoid signing up with the wrong casinos.