Payout percentage or RTP is one of the first things that comes up when you ask experts about what to look for in an online casino. So, what does it really mean and how important is it?
Payout percentage describes the average percentage of gambled money a casino pays out to players in the long run. In light of that information, it’s in your best interest to find casinos with high payout percentages.
Casinos with high payout percentages have several advantages over low RTP gambling websites. Below are some of them.
If a casino’s overall payout percentage is high, it’s because it features top-RTP games. RTP means the same thing as payout percentage. It’s short for Return to Player, which is an estimate of the amount of money a game pays back to winners over time.
RTP is most commonly used in slot machines. As we stated, you want to select high-RTP slots. How high? The best RTP slots payout at rates of between 95% and 99%. Take a look at these games:
- Mega Joker—99%
- Jackpot 6000—98%
- Blood Suckers—98%
- White Rabbit Megaways—97%
The slots mentioned above are fan-favorites. They’re so popular that every online casino wants to feature them. Although every game is famous for a different reason, they all share a common feature: they payout at excellent rates.
Table games like poker, blackjack, roulette and baccarat also have defined payout percentages. However, most people choose these games based on a different albeit relevant metric: house edge.
House edge is the opposite of RTP. It shows you the percentage of money a casino keeps as profit from every game. Blackjack, for example, has a 1% house advantage. Thus, it has a 99% payout percentage.
Safe and Trustworthy
When you think about it, fraudulent casinos can’t provide high-RTP games. That’s because high-RTP games help players win regularly. By contrast, a fraudulent casino is more likely to feature games with poor payout percentages so that players lose often and help the house make more money.
In the UK, Europe, Australia and Canada, it’s relatively easy to find safe and trustworthy casinos. First, you need to check for valid licenses. Then you can look at security features, game providers and payment partners.
An easier way to find safe casinos is to check recommendations at review websites. A case in point: the sites listed on www.online-casinos.com/canada/best-payout/ are great examples of Canadian online casinos with high payout rates.
Not every online casino accepts Canadians, Australians, Germans or players from the UK. And that’s why review websites are helpful. They do the hard work of finding the best operators in your country. All you need is to pick a casino to join.
If you’re like many casino players, you cherish operators that process payouts quickly. When you withdraw money, you want to find it in your PayPal, Visa or bank account within a day or two. Yet, many casinos can’t guarantee quick payouts.
The only casinos that process payouts quickly also tend to excel in other areas like payout percentages and safety. High payout casinos provide these high payouts to defeat their competitors and to win the hearts of players.
The best casinos are willing to process withdrawals within a couple of hours. But due to various reasons, payouts can take longer although not longer than a week. Payout speed differs based on your payment method—e-wallets are faster than cards and wire transfer.
A withdrawal can also be impacted by the amount you’re withdrawing. At some casinos, large amounts of money are disbursed in small weekly or monthly payouts. However, the best operators disseminate large payouts quickly and all at once.
Fair Bonuses and Promotions
Another reason to choose high-payout casinos has everything to do with bonuses. Everyone loves a good casino freebie. But they are so difficult to come by. Almost every bonus seems to have outrageous terms and conditions.
High-payout casinos are an exception, though. As we mentioned, these operators are in it for the long-term. Their plan is to spoil players with great services so that they can remain loyal for years.
One of the ways top-rated keep their players loyal is by offering fair bonuses. It’s doesn’t matter whether you’re a new customer or a regular patron. The best gambling websites have bonuses that give you value for your money.
When we talk about value, we’re describing bonuses that let you play your favorite casino games. These are freebies that also allow you to cashout a decent amount of money without spending so much in wagering requirements.
Fast payout casinos also tend to give out bonuses regularly. They have no deposit and first deposit rewards for new players. Then they have VIP programs, reload bonuses, cashback programs and daily tournaments for loyal players.
Mobile optimization is no longer a choice for modern casinos. Every gambling site with an aim of staying profitable in 2021 must be mobile-optimized. That’s because more than 50% of online casino players gamble through mobile devices and not desktop computers.
Mobile devices are more appealing to casino players for genuine reasons. For starters, you can carry your iPhone or android tablet around. This means you can play your favorite slots not just at home—where you leave your desktop—but also at work, on the subway or vacation.
Customer Service and Reputation
Because high payout casinos prioritize players’ happiness above anything else, they invest heavily in customer service. They have live chat bots, email and phone contacts and also provide customer service through social media.
Vitally, these companies provide efficient customer service. That’s why they also tend to be reputable. And this doesn’t just apply to the quality of their customer service.
Top payout casinos are reputable in a range of areas. People trust these websites in providing high-quality games. They also love these companies because they process payouts quickly and offer fair bonuses. Owing to that backdrop, you have plenty of reasons to choose high-payout online casinos.