The house edge and the jackpot. These are the two determining factors as to what the games payout percentage will be. The online casino game with the highest house of the edge is online pokies. Therefore, online pokies carry the largest risk but however, they offer players the biggest jackpot prizes to win. Here are Best Online Casino Payouts.
If you want to play a game with extremely low house edges, but still massive jackpot opportunities and great odds, then the table games are for you.
You may find that generally Blackjack, Baccarat, and Roulette have a very low house edge, but this may vary depending on which version you decide to play.
When speaking about a high payout casino, we are talking about more than just simply the payout percentage. We are talking about casinos that offer a range of exclusive deals and bonus offers too. Whether you are an existing player, or you’ve just signed up, these offers are available to you.
A really good indication as to how much you can expect to earn at an online casino is the payout percentage. The casinos’ payout percentage will be calculated as an average of all the available games. If you are playing with a trustworthy and reputable online casino, the numbers would have been independently tested and verified. There are several casinos offering the fastest payouts.
1. Jackpot City Casino – Best Online Casino Payouts
Jackpot City is powered by the software from Microgaming, which is the biggest name in the business. It offers a great NZ$1600 signup bonuses on their login to match their first four deposits at 100% up to 400 New Zealand Dollars. You can also enjoy some of best no deposit bonus and free spins on certain slot games along with bonuses to redeem in the form of coupon codes.
You can choose from over 500 games powered by Microgaming and NetEnt. These include traditional pokies that have 3, 5 or 7 reels and multiple pay lines. They also offer the newer pokies from Microgaming that do not use pay lines, but instead offer 253 ways for the players to win. In addition to poker machines, you can also choose to play table games, scratch games and other casino games such as Keno.
Jackpot City Live casino games to play are Live Blackjack, Live Roulette, American Roulette live, Live Baccarat, Live Private Blackjack, Live 3 Card Poker, Live Casino Hold’em, Live Caribbean Stud Poker, and more.
Royal Vegas Casino is a Las Vegas themed casino that can be enjoyed by players around the world including New Zealand. New players at Royal Vegas can receive up to $1,200 NZD plus 120 free spins in matching bonuses on their first 3 deposits on logging in to the casino after signing in. You get 100% of the first deposit up to $250 NZD, 25% of the second deposit up to $200 NZD, and 50% of the third deposit up to $750 NZD.
Apart from this, you will also get 120 free spins when you sign up. You can also get their no deposit bonus and other exclusive coupon codes to redeem while playing games.
In addition, you can also look forward to weekly and monthly promotions that give you opportunities to get free spins, entry into tournaments, and other bonuses. A VIP club is by invitation only and offers a lot of great benefits for the members that are invited to join. There are many fastest payout methods that casinos use.
All Slots Casino offers some great welcoming bonuses, no deposit bonuses, and coupon codes. They also provide up to $1600 (NZD) in matching money on the first 4 deposits for the new player. On your first deposit, you get 100% up to NZ$ 250. You get 50% up to NZ$250 on your second deposit. The third deposit leads to 50% up to NZ$500. On your fourth deposit, you get 50% up to NZ$600. You can get a $5,000 bonus on the first and seventh of the month on table games if you are lucky.
4. Casino Mate
Casino Mate is a top casino for New Zealand players that offers welcome bonus worth up to NZD$1400 in real money on first four deposits. You also get 80 free spins on Second Strike pokies game. On your first deposit you get 100% up to NZD$200 + 20 ‘Zero Wager’ free spins; on second deposit 50% up to NZD$300 + 20 ‘Zero Wager’ free spins; on third deposit you get 50% up to NZD$400 + 20 ‘Zero Wager’ free spins and on fourth deposit you are offered 50% up to NZD$500 + 20 ‘Zero Wager’ free spins.
You also get rewarded with Vegas Loyalty Lounge Rewards Programme where you get C-Bucks for every game played, which can then be redeemed for cash, free pokie spins, or tournament entries. Other daily, weekly, and monthly promos include cash prizes, bonus C-bucks, etc.
‘Ideal” Payout Percentage
It may seem that a lower payout percentage suggests the casino is ‘bad’. This is not always the case and you need to remember that the payout percentage is based on thousands of different games, and large wins and losses will significantly influence the final amount. We would say that the ‘ideal’ payout percentage for a casino is anything above 95%.
1. Where can I find the payout percentages for a casino?
It differs. Often you will find them on the company website of whoever audited the casino’s software and games. Many a times you may see them posted on their website.
2. In case I win a large amount of money, should I cash it out all at once?
That’s your choice and to an extent, the casino, too.
If the casino is reliable, do whatever works best for you. If the casino is sketchy, then get your money off as fast as you can.
Some casinos have limitations of cashing out money per day/week/month. You need to read their banking page and/or terms and conditions – or simply contact them – to find out if your casino does.
3. Can I make money from playing at online casinos?
You can, yes. Although it does not guarantee you making a profit. Most people don’t, and a few of them win massive 6- and 7-figure jackpots.
4. How do casinos make money?
Each casino game is programmed in a way to give the house an edge (the “house edge”). This edge can be as little as half a percent (blackjack), to as much as 15+ (slots) or 30+ (keno) percent.
The edge for each game is defined how each game is designed (like the 0 or 00 in roulette), how difficult it is to accomplish (a royal flush), the payouts for each outcome (3:2 or 6:5 for a natural blackjack), or the rules of the game. Or any combination of these things.
5. How do casinos make money from the house edge?
It is easy to understand with an example!
Say you’re playing a game with a 1% house edge. For every $100 you spend playing this game, the casino receives $1 (1% of 100). They might receive more or less every round. But in the long run, this will average out to $1.
When you figure that they are dealing dozens or even hundreds of hands per hour – PER TABLE – it’s not difficult to see how they can make massive amounts of money. And that’s just for their table games.
If you want to see how much money you can expect to lose to the casino (in the long run), simply multiply how much you’re betting by the house edge (in decimal form).
6. How do I make a deposit to an internet casino?
It’s no different than shopping online. Each banking method will be different, but the steps are this:
- Go to the cashier.
- Choose your banking method.
- Enter your details – card number, bank account number, e-wallet address, etc.
- Enter how much you want to deposit.
- Click submit.
Based on the method you choose, your deposit will take anywhere from 0 minutes to 60+ minutes to process and be available for play.
7. How do casinos make money from the RTP?
RTP stands for “return to player,” and is simply a different way of showing the casino’s house edge.
For instance, instead of saying a game has a 1% house edge, you’d say that the game has a 99% RTP.
You can make out the house edge – and what the casino makes per wager in the long run – by multiplying the RTP by the amount of your bet.
8. How quickly can I cash out my winnings?
The process of asking for a cash-out is fast. It takes a few minutes.
However, processing the transaction and getting the cash-out in your hands is another matter altogether. It depends on the banking method, the casino, and where you live.
Here Bitcoin is nearly instant if the casino is available 24/7 to process requests. E-wallets (like Neteller and PayPal) are fast, too, taking minutes to a few hours.
Rest of the processes gets delayed. Credit cards can take a few days. Cash transfers (such as Western Union) can take 3-7 days, as can bank wires. Paper checks can take 1-2+ weeks to get to you.
And that’s once the casino processes your request, which can take a few hours to a few days.
9. Is there a minimum deposit for online casinos?
Yes. Again, this is something that is based on the casino and banking method. But the minimum deposit for most options will vary from $5 to $20. Other casinos have little higher minimums around $50 or so.