Players lay down wagers in the hope of winning big, which is where payouts come into the equation, as there is no excuse for an online casino not to put plenty of cash up for grabs. 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 fast payouts.
Looking at how things currently stand, Slots.lv has ranked #1 for the fastest and best payouts in December 2018. But, this online casino doesn't stand alone, here we go into everything you need to know about online casino payout percentages and online gambling payout speeds.
The best payout casinos are those that give players a fair degree of freedom with regards to how they play and how they can manage an account. Delivering not just a fast-paced and secure casino experience, but also plenty of choices when it comes to banking methods. Of course, when it comes to payout rates, it's fair to assume that the higher the percentage the better, but you can't discount the other elements that help make the best payout casinos what they are.
The highest payout online casinos 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 actually 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 an average of all the money the casino is paying out and not the amount they pay out on each game.
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 for 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 possibly be facing financial difficulty.
If you're even vaguely interested in winning, 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 old saying “don't put all your eggs in one basket” certainly applies when it comes to the world of online casino gaming. While it's great to feel settled at a certain online casino or when playing a certain game, you need to be willing to move onto something new, especially if that somewhere comes complete with a bumper payout percentage.
In many ways, the same actually applies to games as well. From the tables to the reels you're going to find that the RTP percentages have the potential to swing wildly. Speaking about slot games, Goblin's Cave from Playtech has a sky-high 99.3% RTP, while Nemo's Voyage from William's Interactive only has a 95%.
RTP stands for Return to Player percentage, with the term being used to describe the payout power of any particular online slots game. Set by the game provider, the percentage relates to the percentage of money wagered on a game against the amount paid back to players over a certain period of time.
This average percentage figure is calculated across at least 1,000 plays, with it presenting an indicator of how much of a return a player could expect to see from a slot game over the long-term. Here's a quick RTP example using one of the games above as an example:
Making a withdrawal from an online casino is easy; especially as most casinos do all that they can to keep the process as fuss-free as possible. If you need an extra helping hand when it comes to making your first withdrawal, here is a quick step-by-step guide:
Head to the cashier page and select the withdrawal option
Enter the amount you wish to withdraw, double checking the figure
Select your withdrawal method of choice (i.e. PayPal, Neteller, Skrill)
Confirm the amount and payment method, before proceeding with the cashout
As you can see, in just four steps you can easily cashout any winnings you may have!
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, largely as 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.
You gamble online in order to win money, so for all of the fun and fancy that casino games can provide, walking away with cold hard cash is always going to be the goal. With jackpots and payouts being in high demand, no player can ever discount the importance of high payout percentages and fast payout times.
If you've taken in all of the above, you'll now have an understanding of payout percentages, along with what exactly the best payout casinos are bringing to the table!
Different casinos offer different versions of casino games that are made by different software companies, as such the payouts on each slot machine 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. What impacts the actual payout speed as in the time between withdrawal request the money reaching your account largely comes down to the admin side of matters on behalf of the casino. However, you can be sure that all of our recommended sites offer payout times of only a few days.
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.
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%.
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.
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%; whereas online slots generally have a house edge of 2-10%.
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.