When looking for an online casino, you certainly want a casino that offers fast and easy cashouts. It is not all about the speed of the payouts; you also need to focus on the payout amounts. Top online casinos appreciate this fact, which explains why a casino might be regarded as the Highest Payout Online Casino. What does the highest online casino payout mean? It essentially means that the casino has a significantly low house edge, thus offering players higher chances of winning from real money play. In light of this fact, any prospective gamer should be aware of payout percentages.
Even though the payout percentages are an essential consideration when choosing an online casino game, they are not the only things you should look for when choosing a casino. Most online casino games are subject to discrete payout percentages. Ideally, these percentages are indicative of how much a player should expect to win or get back from the casino from continued play, which might not be the case. You also need to consider the likelihood of playing at a fast payout casino uk. Here are some reasons why quick payout times are essential:
- Fast access to gaming proceeds
- Improved chances of earning additional playing rewards such as loyalty points
Some casinos also offer traditional Class III slots. In either case, the gaming machines are not allowed to accept or payout in coins. All payouts must be done by a printed receipt or via an electronic debit card. No public information is available concerning the payback percentages on.
Payout Percentages Explained
Payout percentages can be described as an amount the casino is willing to offer to the player from the total amount staked. A typical payout value is 96%. This means that for every $100 wagered, you should expect to get $96 back, with the remainder shared by the casino. In other words, this means that if you wager on a game with 96%, you will be losing at a rate of 4% on every wager, and not on the deposit amount. In light of this fact, players should be cautious with online casino payout percentages to improve their chances of winning.
Roulette Odds and Payouts
If you are about to play real money games on roulette or any other casino game, you need to understand your chances of winning. While playing roulette, you should embrace the fact that each bet carries with it a mathematical probability. Of course, the type of table you are using could influence the odds of winning. For instance, the European roulette offers better odds of winning than the American version of the game. Understanding the odds of winning, which can be established using a roulette payout calculator, could help you win big at roulette.
Roulette Outside Bets and Payouts
Roulette players often place two types of bets – Outside and inside bets. Players who like playing it safe are often inclined to placing outside bets over inside bets. In particular, the most common bet is the even bet. These bets include the red or black, even or odd, and the 1 to 18 or 19 to 36. These bets have a 46.65% and 47.37% chance of winning in both the European and American roulette, respectively. This high probability essentially means that roulette payouts on outside bets stand at 1:1. Other outside bets include:
- Column Bets
- Dozen Bets
Payouts on Roulette Inside Bets
Roulette players can also choose to bet on specific numbers or a set of numbers inside the layout. These bets are known as inside bets. Even though the likelihood of winning is significantly lower than that offered by outside bets, inside bets pay more. Notably, the house’s edge on inside bets is similar to that of outside bets. Thus, if you are after a lucrative roulette payout, inside bets are the way to go. Inside bets include, straight up, split, street, corner, five-number, and six-number bets. However, make sure you understand the nature of each bet first.
Slots Payouts
Slot payouts are of particular interest to online gamblers. When playing at slots, most players typically wish to play at casinos with highest slot payouts. Slot variants are games of chances. With rare exceptions, there is no skill involved in improving your chances of winning. With that in mind, maximizing slots payouts comes down to your ability to choose the right games and placing the right wagers. Playing at high-denomination slot machines, in particular, reduces the casino’s edge, thus improving the player’s chances of winning. However, substantial bets mean that players lose more money while getting a larger payback.
Conclusion
Fast and high payouts are essential in enhancing the overall casino experience. High payouts, in particular, range from 92% to 98%. The higher the payout or return-to-player, the better it is for the player. When evaluating a roulette payout chart, for instance, the best way to go about this is to stick with casinos which offer a payout of 97% or more. It is also worth noting that no player is assured of enjoying wins within 97%, which is a statistical value based on a long-term setting. When assessing payouts offered by casino games, you also need to do your homework.
The best-payout casinos are easy to find online. Several publications offer details of the payout rate for the top Internet casino sites. You might only be able to find one month per year that is closely covered (at least for online eyes), but you can extract a lot of information from the data offered.
That isn’t to say the numbers give a perfect view of how much casinos seek to pay back gamblers. Just like live casinos, the online websites can’t manipulate their numbers so well that they can hit their target numbers on the dot. For a game of chance to be legal, you have to be gambling on the odds. But the house edge yields a set of probabilities that the final numbers should get close to, especially in the casinos with a high volume of play. The more hands, spins, or rolls are bet upon, the more likely the expected return is likely to look like the final payout rate.
Online Casinos with the Highest Paying Slot Machines
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What Payout Reports Mean
As I mentioned, just because one casino sits at the top of one month’s numbers, that doesn’t mean they will do that the month before or the month after. Over the course of a simple 30 days, a lot of deviation gets into the numbers. The expected payback on a site’s most popular slots might be one number, but one big jackpot can throw those numbers way off for the month. Or the lack of a big payout can lower the overall numbers for a casino which plans to have the lowest house edge–therefore they highest payouts. As they say, it’s gambling.
Still, the numbers are what they are, meaning past numbers are the closest answer you’ll get to which casinos are offering the best odds now. Casinos can say they offer this or that, but unless you’re willing to crunch the numbers on all the games (or know the payouts on your favorite games by heart), it’s hard to say which offer the best games. My suggestion is you learn the expected return on your favorite games and know how to spot alterations to the basic formula. If you like blackjack, learn what a switch from 3:2 payouts to some other ratio means to the odds of a game of blackjack. Know how to spot the best video poker games, along with how to learn whether an online casino offers imprisonment rules on their double-zero roulette. These are the ways you’ll assure you have the best odds online. Now let’s look at some numbers.
Summer 2015 Payout Reports
The numbers I list below are the total payout reports for all games at the following top casinos, including blackjack, craps, roulette, keno, video poker, slots, specialty games, and other assorted table games. I did not include the numbers for the slot machines by themselves, because I wanted to show which casinos offered the best all-around casino experience over the period covered (mainly June of 2013).
- 97.35% – Bet365 Casino – Playtech Software
- 97.25% – Ladbrokes Casino – Microgaming Software
- 96.95% – Mummy’s Gold Casino – Microgaming
- 96.81% – 32 Red Casino – Microgaming
- 96.60% – 888casino – 888 Proprietary Software
- 96.53% – William Hill Casino – Playtech
- 96.13% – All Jackpots Casino – Microgaming
- 95.77% – Spin Palace – Microgaming
- 94.93% – Party Casino – Party Gaming Software
You’ll want to cherry-pick information to suit your gaming needs, while you’ll want to know how to analyze the numbers and to learn which site gives you what you want.
For instance, Spin Palace Casino sits near the bottom on this list, but this was hurt by their incredibly high house edge on their slot machines (92.11% payouts for a gigantic 7.89% house edge). I’ll guess Spin Palace didn’t pay out any big progressive jackpots that month, which lowered their overall payouts for the whole month on everything. Since slots make up as much as 70% of the revenues for certain casinos, those low numbers hurt their final payout rates (from a player’s perspective). But if you weren’t playing the slots, that means the payouts on the other casino games like blackjack, craps, and roulette were much higher. This would lift the table game numbers to the top of the rankings.
Best Payouts on Slot Machines
Just so you’ll know, the best payouts on the slots for the month were Mummy’s Gold, 32red, AllJackpots, and Jackpot City. These were the seven casino sites with final slots numbers over 96%.
Best Payouts on Table Games
Since the top payout casinos like Ladbrokes and Bet 365 weren’t listed among those numbers, that means their table game payouts were off the charts. Since blackjack, roulette, and craps don’t have big progressive jackpots to pay out, the deviation on these games should be flatter from month to month. That means you should expect better blackjack odds from Bet365, William Hill, Ladbrokes Online, and 888 Casino on a monthly basis
Top Payout Rates for Online Casinos
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These numbers are changing constantly, of course. Even the numbers offered are still a small idea of the wider world of online gambling out there. The poker rooms, sports books, and racing books associated with each of these brand names would likely look a whole lot different. Other online brands might offer better odds, if you looked at more of the Playtech and Cryptologic payouts, or you looked at online software development companies like IGT, RTG, or Rival Gaming. The numbers listed were supposed to be the best for the month, but even these might be cherry-picked by the presenters, hoping to lure you to their favorite casinos. That’s why I wanted to give a report based upon all the information I had and not some sampling. I wish a list of comprehensive payout numbers for online casinos existed in one place, but with all the online operators, software design companies, licensing authorities, and jurisdictions, that would be a tall order. These should give a good idea of the payout numbers for some of the top casinos online, though.