Highest Payout Casinos
Highest Payout Casinos focuses on online casino sites that offer above average match deposit bonuses and consistently high payouts. We offer no magic secrets that will ensure that you win at the tables or on the machines, but if you are going to enjoy a flutter, we think that you are better off playing at a professionally run casino site with a higher than average payout % that operates ethically, fairly and that pays out fast if you do win. (To BookMark this site hit Ctrl+D).
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About Highest Payout Casinos:
If an online casino site is listed here, we have tested it and in our view it offers:
1. A good range of online casino and poker games
2. Ethical practices, such as being a member of a regulatory body such as eCogra.
3. Licensed operators that are run in developed territories with an established rule of law.
4. High LONG TERM payouts, audited by 3rd parties such as PriceWaterHouseCoopers
5. Free casino software, with download and no download ( flash ) versions
We hope you find the site useful. Remember: Play responsibly.
What does "Casino Payout" mean exactly?
When you play games for real at a casino, whether it's online or at a land-based outfit, you're taking a chance with your money. But have you ever wondered how likely you are to actually win? That's where payout percentages come in.
Payout percentage, also known as "return to player" or RTP, is the percentage of money that a casino pays out to players over time. For example, if a casino has a payout percentage of 95%, that means that for every $100 that players bet, the casino will pay out $95 in winnings. The remaining $5 is used to run the casino and make the business a profit.
It's important to note that payout percentages are not guarantees of how much money you'll win or lose during a single session of gambling. They're a long-term average. So while the payout percentage may be 95%, you could still win or lose more or less than that amount during a single session.
Payout percentages can vary widely depending on the game and the casino. For example, slot machines typically have lower payout percentages than table games like blackjack or roulette. This is because slot machines have higher house edges, which means that the casino has a better chance of making a profit over time. Having said that, they also offer "lottery style" wins that can stretch to 7 figures.
Online casinos generally have higher payout percentages than land-based casinos. This is because online casinos have lower overhead costs and can afford to offer better payouts to attract more players. There are no free drinks! It's not uncommon for online casinos to have payout percentages of 97% or higher.
It's also worth noting that payout percentages are calculated over a long period of time across many players, often millions of spins or hands. This means that the percentage can vary greatly from day to day or even hour to hour. So while it's good to look for casinos with high payout percentages, it's not a guarantee that you'll win money during any particular session.
Payout percentage is a key factor to consider when choosing a casino or a game to play. It gives you an idea of how much money you can expect to win back over time, and can help you make more informed decisions about where to spend your money.
However, it's important to remember that payout percentages are not guarantees of winning, and that luck still plays the biggest role in any gambling session.
How Are Casino Payouts Calculated?
OK- so you know a little bit more about which casinos have the best payouts. But how do they work them out?
Casino payouts are calculated as follows:
Total Payouts in a month divided by the Total Wagered during the same month= Casino Payout.
So, the higher the percentage, the more the casino pays out in relation to the money that is wagered.
For example, if a casino paid out $9.7 million on bets of $10 million, then the payout percentage would be 97%
So I should play at the Highest Payout Casinos?
Well, yes- generally this is a good idea. but bear in mind the following:
- If a casino doesn´t have many players, then the payout percentages will vary quite a bit from month-to-month. You can only really compare big casinos
- If a big progressive jackpot was paid out this would tend to skew the payout percentage higher- so do your research to find out if that has indeed happened.
- There is also a big difference in the payout %s of different games. Blackjack has a high payout percentage, for example and slots has a relatively low payout % (but then you can´t win a $1,000,000 jackpot on blackjack online). So the mix of games played in a casino will also affect the payout percentage. If a casino has mostly slots players, it will tend to lower its overall payout %. Again, try to stick to comparing casinos that have a lot of players, and these things will tend to even out. OR, compare payout percentages of individual casino games.
Online Casinos make most of their money on slots (pure chance), while making less money (or even losing) on games like poker, video poker and blackjack. When you are trying to find out what casino has the best payout, also bear in mind the payout figures can vary from month to month.
Also, the payout percentages that are generally published are historical- there is no guarantee that you´ll get the same payout in the future for the reasons that we have mentioned above.
As a general rule, you should stick to casinos that offer payouts of 95% and up. Look for sites that publish their rates and that are audited by 3rd party firms like TST Testing and Price Waterhouse Coopers.
