Casino Payouts Explained
Many people play at online casinos for fun, but for others, gambling online means business. If you’re serious about gambling online, determining the probability of winning at an online casino can be a complex process. That’s why understanding casino payouts is important.
This page is designed to help you understand how to navigate the world of casino payouts.
Our experts will guide you through concepts like house edge, casino payouts and RTP percentages. They’ll also explain how to find better payouts online, odds for table game and the fastest payout methods that let you access your winnings fast. Read more!
What are Payout Percentages?
Payout percentages or payout rates are stats that help players understand how likely they are to win a specific game. They can also give you an idea of how much you can expect to lose while you’re chasing that win. These rates are expressed as averages, so you need to keep in mind these numbers include those who’ve won big, and those who have lost, of course.
All leading online casinos are affiliated with independent testing organizations like eCOGRA, which provide them with payout percentage reports. These reports include casino payouts percentages for the overall site and for the individual games. All reputable casinos will include this information somewhere on their page. They’re usually found in the footer or within the help section.
Return To Player (RTP) Explained
Return-to-player or RTP is the technical term for how much of the money you deposit that you should expect a casino to pay back. Also called, payout percentage or payback percentage, the RTP lets you know how generous or stingy a casino is. Combined with their bonus offers and terms of use, you can determine what the likely cost of entertainment is. Casinos with high RTPs tend to be reliable at paying customers.
What is House Edge?
House edge is the overall competitive edge that a casino or game has over its players. For some games, like slots, the house edge is fixed because the games are completely random.
For others, the house edge can be affected by how skilled the players are. For example, in blackjack, knowing when to hit or stay can decrease the house edge for that game.
Take the time to dive into house edge. There's a ton of information out there. You’ll have a serious advantage if you research which games have lower house edges, and which ones you could improve through practice.
Finding Better Casino Payouts Online
There are no magic tricks to finding better casino payouts online. It simply comes down to doing your homework. Here are a few tips to keep in mind:
- Read Casino Reviews. Reviews from reputable third party sources and online experts can be pretty revealing. Take some time to see what others are saying. You’ll be on the right track if you take this step.
- Look for Third Party Payout Reports. As we said before, any casino worth your time will have these reports readily available for you to read. Look in the footer or in the help section for the latest documents.
- Review the Game Selection. Some games, statistically speaking, pay out better than others. Leading casinos that offer good casino payouts will have a broad selection of games. Not just ones with the highest house edges.
- Discover Payout Methods. Some casinos will accept tons of options for deposits but very few for withdrawals. Look for a casino that let’s you withdraw your winnings how and when you want them.
Best Online Casino Game Odds
The online casino games with the best odds are the same as you'll find in brick-and-mortar casinos. While online slots are most popular because of the jackpots, slots tend to have worse odds than the games below. Most gaming experts refer to the house edge when talking about table games' odds, but we'll use the RTP stats before. If you want to see the optimal house edge for the same games, look at the table below.
Best Online Casino Table Game Odds
Best Ways to Access Casino Payouts
When you win big at an online casino, it’s understandable that you want to get your money in a fast and barrier-free way. The next section explains the best ways to access casino payouts, what to expect for turnaround times and methods you can use to get your casino payouts faster.
Best Online Casino Fast Payouts
Players who search for the fastest withdrawals should keep in mind other factors like withdrawal limits and transaction fees, but let's take a closer look at payout times. Few methods get to your account instantly, though much of the delay is due to the casino's verification process. Crypto payments sometimes arrive at your Bitcoin wallet within 15 minutes. Even with cryptos, withdrawals usually take between 2 hours and 2 days.
The biggest reason for the delay is verification by the casino. They don't want to send your money to an identity thief, so payouts to bank accounts, credit cards, and web wallets take longer. Because crypto payments use a public ledger called a blockchain, the cashier department knows it's the correct person receiving the money.
Banking Methods with Fastest Payouts
Let's see what the fastest payout at the best US online casinos are. Crypto users might wonder why a Bitcoin or Ethereum payout would take 48 hours when payments at other online merchants are much shorter. Most of the delay is processing the payment at the casino's cashier department after you send a withdrawal request.
How To Get Your Payouts Faster
As mentioned above, the fastest way to get your online casino money is to use fast withdrawal methods – especially crypto payment methods. Whatever banking method players prefer, you can take steps to get casino payouts faster.
- Find the Best Payout Method: Read through an online casino’s banking page and FAQs to learn about its fastest payout methods.
- Join the VIP Club: If it’s not automatic, become a member of the site’s loyalty club or the VIP program. These sometimes offer special cashout services to loyal members.
- High Roller Treatment: Along the same lines, if you want faster payouts, consider asking for something close to the payout maximum. This makes you look like a high roller, who gets preferential treatment.
- Use Crypto Payouts: Consider using crypto methods like Bitcoin and Ethereum. Because they require less verification, cryptocurrencies offer faster payouts without giving away safety and security.
- Plan Ahead, Practice Patience: If you anticipate needing your money, make a withdrawal request a week ahead of time. Patience and planning help the most because many reliable sites take a few days to pay out.