Everybody wants to play at the best paying online casinos, don’t they? Many players might already be members of decent online casinos.
However, there is arguably always going to be a better paying online casino out there for them.
Wouldn’t you want to be sure that you’re playing at online casinos that actually payout, and wouldn’t you want to make that site one of the best online casinos that payout?
Finding online casinos with the best payout rates and methods is the focus of this piece.
With our guide, we can ensure that you’re a member of the best online casinos that payout.
When finding such casinos, we look at RTP and payout percentages. We also look at payment methods and processing times.
We’ve covered the lot for you here. It is time to find out if you’re playing at the best payout online casinos and if not, we’ll show you how you can get started at one.
Let’s begin with our guide to casinos that payout the most!
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Which online casinos actually payout the most? Which online casinos are not renowned for paying out? Before we answer that question, we need to get a few things out of the way.
Firstly, we need to look at land-based casinos versus their online cousins. Which type of casino is best for you if you want games which pay better and faster payouts?
In almost all cases, online casinos tend to come out on top, especially when looking at the best online casinos with fast payouts. When winning small sums of cash, a land-based casino will give you your winnings instantly, but when it comes to large, vast sums, you’ll likely end up with a cheque or bank transfers.
These will take just as long as online casinos. It is also worth noting that some of the fastest payout online casino sites offer e-wallet withdrawals, and these can give you access to your winnings in just a few hours, sometimes less.
While there is no doubt that the prizes in games at land-based casinos are decent, the jackpot prizes (both progressive and non-progressive) in online games usually trump them. Land-based slots tend to have adjustable payout rates, which are set by the casino themselves.
You’re not likely to be able to know what they have been set to, and you will only have a few brick-and-mortar casinos to choose from. However, in the online casino world, players have lots of choices when it comes to the highest payout casino online.
In a bid to keep players away from the competition, online operators tend to keep RTP rates (which we will come to in a moment) in slots set to their default level, making them easier to figure out. That level is chosen by the software provider, not the casino.
All put together, this means that if you want top prizes and speedy access to your winnings, online casinos are the way to go.
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%
The Overriding Factors in Online Casino Payouts
What ultimately decides whether an internet site is amongst the best paying online casino domains? As touched upon, the best online casino payouts will be processed by super speedy transactions.
These instant payout casinos will also offer a decent array of games for you to choose from, each with fair and fixed RTP (return to player) rates.
Not every game you will find online is going to be a winner. Many players prefer slots, but those players after more authentic online casino experiences may wish to try their hand at traditional casino table games.
Slots VS. Table Games
Most table games will feature even money payouts in their games. However, betting obscurely on events which are less likely to occur, such as a straight-up bet in roulette, could see you win prizes worth 35:1, instead.
However, the range of vast cash prizes in table games and video poker seldom tend to offer better pay rates than 500:1. By contrast, even the most primitive online slot machine games will offer prizes worth around 500x your bet with increasing regularity.
Some slots also dish out progressive jackpot prizes worth many millions of dollars, which is substantially more than anything you can ever win on a blackjack or roulette table. The highest payout online casino games tend to be online slots, then.
When it comes to games, casino payouts are often (though not always) determined by the software providers, not the site themselves. The best payout online casinos will ensure that the range of games they carry is broad enough to satisfy all players’ needs.
This means having a decent selection of top table games, perhaps a few live dealer titles, and of course, a spectacular collection of the fairest paying slot games online.
House Edges, Payout Percentages, and Volatility
Even if you’ve decided to play slots, you’ll note that there can be a gulf between what one game can payout and the prizes available in another. Prizes aren’t the only thing to consider when looking at games at the best-paying casino sites online.
We need to look at house edges, payout percentages and volatility. Combined, the rates you can find in all the games carried at a casino will go quite some way in determining whether it is amongst the highest payout online casino sites you can play at.
We’re sure you have some idea what these features are, but if not, let’s have a quick look:
- House Edge: Casino games aren’t played with an equal chance of success for the player and the casino. The edge is the percentage which covers how slanted a game is towards the casino. For instance, blackjack is often thought of as a 50-50 game, but it isn’t really. The “dealer” wins all losing bets (even if they bust). This, and other aspects of the rule ensure that the house has a tiny advantage of you, and that advantage is known as the edge. It is often expressed as a percentage. House edges commonly appear in table games and is usually anywhere from 0.5% up to 5%.
- Payout Percentages: These are also known as RTP, which stands for return to player. The RTP rate is the percentage of winnings paid out to players. For instance, if a slot machine has an RTP rate of 96%, this means that it will payout 96% of all stakes it receives as winnings. However, it is key to note that this doesn’t mean that you will get 96% of every $1 you wager back. That is one of the biggest misconceptions about slot RTP. The payout percentage is programmed and calculated on an infinite number of spins (which means all players’ wagers, not just your own). That 96% is likely to be shared amongst many players. You may end up with a large chunk of that, or none. However, what the RTP rate does show is that a casino is dedicated to pay out 96% of anything all players bet, keeping only 4% for themselves. The higher the RTP of the games a casino carries, the fairer the casino.
- Volatility: Also known as variance, this feature determines the value of any winnings paid out. A slot of low volatility or low variance is deemed to be low risk. It will pay out winnings frequently, although they tend to be low in value. This type of game is ideal for players on a budget. By contrast, highly volatile or high variance games do not pay out often. When they do, though, the wins tend to be considerable in value. Because you can go lengthy periods without a win, these games are high-risk options, most suitable for players with substantial balances to tie them over during losing streaks.
Averages and Estimates: A Typical, Fair Online Casino
Online casino sites with the highest payout percentages tend to be those with considerable numbers of slots. This is because slots payout more frequently than table games, as mentioned. On average, most modern video slots will have RTP rates of around 95% to 96%.
These figures are the industry standard in 2020. We wouldn’t recommend a slot which has an RTP lower than 95%. Naturally, any game which has a payout percentage of 97% and up is well worth your time.
For table games, it is a lot trickier to calculate. However, the best paying casinos will generally have table games which feature house edges of no more than 5%.
The best online casino sites that payout to players will not only feature good payout percentages in their games, but they will have those rates, audited and verified by independent auditors. This is the next topic we need to look at.
Audited, Checked and Legal: Certificates of Fair Play
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
Where To Find Info Related to a Casino’s Payout Percentages
While you’re examining the lobby for those fair play certifications, you may want to have a look for a site map or other buttons. There will generally be one for payout percentages, too. The highest payout percentage online casinos will want to advertise that fact.
Online casino sites with the highest payout rate will regularly display how often their games have paid out winnings to players.
These are often expressed in reports, spanning either the previous month, quarter or six months. These, too, are frequently found at the foot of the lobby and make for exciting reading.
A casino is not required to publish their payout percentages on their domain, though. If you don’t see such information, it doesn’t necessarily make a casino a lousy place to play.
If they have one of the certificates mentioned above, that is a good indication that they d have high payout percentages. Moreover, you can always request that information from customer support.
The Fastest Paying Online Casinos
It is no good having great RTP and house edges in games if a casino fails to deliver fast and reliable payouts. It is also worth noting to see if your chosen site is one of the best casinos which payout fast.
Top payout online casino sites will generally feature plenty of payment methods. However, those which offer e-wallet and Bitcoin methods usually tend to be the best online casino sites for fast payout options.
E-wallet and Bitcoin transactions can often be processed in a few hours or less, which is far superior to bank transfer or card options.
As well as speed, the best online casino payouts will be processed without fees and lengthy pending periods. The best payout online casino sites will also carry low wagering requirements on their promos and bonuses.
Why is this important? Well, the longer it takes you to clear wagering requirements on any bonuses you have claimed, the greater the wait you will have to pocket your winnings.
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 Does an Online Casino Pay Out?
You may still be wondering, do online casinos really pay you, and if so, how do online casinos pay you? Fortunately, the process is not that difficult to grasp, at least at the biggest online casinos.
After trying their hand at top paying casino games, players may land a win. If they do so, they can head to the cashier/banking page at the request a withdrawal. They must select a payment method and the amount they wish to cashout.
That page will also list the transaction times, and any fees which may apply to the withdrawal. Provided you have fulfilled the wagering requirements of any bonus claimed, the casino will pay you according to the method you’ve selected, and the timetable displayed on the page.
On occasion, you may be required to withdraw using a certain currency for a specific payment method. Some e-wallets, for instance, are used to process the best online casino payouts in the UK, but not elsewhere.
You may also be required to verify your ID. These are not hurdles to a casino paying you, but more security processes to ensure that nobody else can take home your hard-won cash.
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
Where to Find the Best Paying Online Casinos
You can always Google online casino sites with the highest payout percentage, and you’ll get an array of hits. However, how can you trust those results?
Some casinos deliberately promote themselves through dodgy affiliates. Instead, there is a better way. We have plenty of reviews of quality casinos, all of which come highly recommended.
Why not use our casino review site to find fast payout online casinos? You already know what we look for.
You can rest assured that any internet casinos we recommend all meet the standards described above and are amongst the best paying online casinos around.
Highest Payout Online Casino FAQ:
Play at the Best Paying Online Casinos Today!
Now that you know about the highest paying online casino sites out there, how they work, and where to find them; it is time to get yourself started at a top site.
Keep in mind what we’ve said about payout percentages, RTP, house edges, volatility, withdrawal fees and wagering requirements, and you’ll end up at a top site.
Alternatively, save yourself the trouble by choosing to join one of the best paying online casino websites in our collection.