High payouts and fast cashout times are an important part of what makes an online casino great, and that's why it's vital you find an online casino offering the best payouts to players.
Here we go into everything you need to know about online casino payout percentages and online gambling payout speeds.
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Even if you just gamble for fun occasionally and you're not trying to make a living off of gambling online, it's still nice to win, isn't it?
The rush of excitement US players get when they're playing casino games is pretty much completely caused by the fact you don't know if you're about to win a life-changing amount of cash.
If you're even vaguely interested in winning at an Internet gambling site, the best indicator of how often that happens on a particular site is to look at the total they've paid out. If it's low, chances are you might not be onto a bigger winner there.
The highest payout online casino sites always show clearly on their site how much they've paid out recently and that's great for players because it lets them know how generous a casino is.
Beware though. Just because an Internet casino payout percentage is really good, that doesn't mean you'll always get your money back every time you play.
The payout percentage is based on all of the money the casino is paying out in online gambling payouts and not the amount they pay out on each game.
Different casinos offer different ways of withdrawing your online gambling payouts. The most popular methods you're likely to see are:
This is one of the most widely used gambling payouts options because it is so widely available and anyone with a bank account can deposit a check.
The downside of withdrawing via check in the USA is not the fastest and it can take up to two weeks for the check to arrive at your front door. Plus, even when it does you still have to take it to the bank and wait patiently until it clears into your account.
This is a great method for security. eChecks also provide the reliability of using a paper check with the speediness of using an electric payment that makes it one of the most popular online casino best payouts options.
Wire transfers can take up to two days to deposit funds in your bank account but they are very reliable and highly regarded among the best payouts. As long as you don't need the money instantly, wire transfers are one of the most solid online gambling payout methods.
When it comes to getting the fastest and best payouts, the eWallet is the way to go. It's an electronic payment method that takes the stress out of transferring money online. Some of the big names like Skrill, NETELLER and PayPal charge small fees on transactions though, so if you're transferring a lot of winnings this might not be the best online casino payouts option for you.
It doesn't matter if the online casino payout percentages are really high at the US site you're playing at if it takes ages to actually collect the winnings you're owed.
If a site manages to pay out quickly, it's a good indicator that the site is well managed and reputable because it shows a good amount of respect for players but also demonstrates that they know what they're doing. It's no wonder that the casinos with the best payouts are usually the most popular ones.
If you find yourself waiting ages and not getting the best payout speeds then it might be time to make a move to another gambling site. That's because slow payouts are often an indicator that a company is struggling to make a profit and could go bankrupt at any moment.
The online casino games with the biggest payouts are progressive jackpot slots. If you hit the jackpot on one of these slots, you could collect up to $13 million on some games.
If you'd prefer to play a casino game where you win less but win more often, it's worth trying out classic table games. That's because the house edge in these games is very low. For example, blackjack has a house edge of only 0.28%, where as online slots generally have a house edge of 2-10%.
Different casinos offer different versions of casino games that are made by different software companies and so the payouts on each game might not necessarily be the same from site to site. You can always check what the payouts of any game are in the game's rules section or on the pay table page of slots games.
To get the quickest payouts, make sure you play at an online casino that offers market-leading payment methods like Visa, MasterCard, Debit Card, PayPal or eWallets like NETELLER and Skrill.
Due to the fact that slot games are games of chance and no skill is involved, there is no way to improve your chances of winning other than by playing as many spins as possible.
When it comes to table games like baccarat and blackjack, you can increase the likelihood of winning by using strategies and calculations that will help you determine the probability of particular cards being dealt and the odds of your hand winning.
When you win at an online casino the money is instantly paid into your account and you will see your balance increase by the amount you've just won.
A payout percentage is the amount of cash an online casino pays back to its players. For example, if a casino has a payout percentage of 92% it means that 92% of all the money wagered on that site goes back to players as winnings, while the casino keeps the other 8%.
That depends on what kind of player you are. If you like to take risks that could payoff in a big way then slots would be the best game for you. However, if you know how to play blackjack and have studied the mathematics behind it then you might prefer to build up your winnings in a slow, steady and controlled way at the blackjack tables. It's worthwhile trying all the games though - all our top recommended casinos will offer slots, video poker, keno, roulette, blackjack, sic bo, baccarat, poker and tons more.
The payment method you use to deposit and withdraw cash from your casino account won't affect the chances of you winning but it will make a difference to how fast your winnings will be transferred to your bank account. The best method to use for instant withdrawals is an eWallet.
Some of the coolest games around Most casinos that I've tried have a lot of the same games, Slots.lv has unique games that I've never seen before. I like the 3d looking slots, I think they add a bit more "personality" to the games.
All legitimate, real-money online casinos like Slots.lv have strict anti-fraud screens, and that creates a short withdrawal delay.