The casino payouts percentage is very important when playing at an online casino, as such, you need to make sure to check it. This is because this will determine the house edge the chances that you have at actually walking away with real money.
It might seem like a small issue, but trust us this is something that all Australians should check before they sign up to play with any online casino.
But let’s remind it a little bit and take it back to the basics, what really is a payouts percentage?
What is a Pay-out percentage?
So before we tell you that this is something that you should check at online casinos, how about we first tell you what it is.
A casino payout percentage is a comparison between the money that is won by Australians against the money that is wagered by Aussies at the casino. Let’s give you an example of that.
Take for instance if the casino has a payout percentage of 95% that means that for every AU$100 that is wagered at the casino, players win AU$95. But that doesn’t mean that every time when you play with AU$100 you will get AU$95 back, at times you may and sometimes you may not. Remember with online casinos it’s all about chance hey.
Are the Percentages Audited?
For the most part, the leading online casino always has their pay-out percentages audited. This is usually done by a reputable 3rd party like eCOGRA and others. This is done so that the casinos do not forge their numbers and sell off to the public as if tier true.
Another reason why they are audited is to make sure that the figures that are given by the casino are accurate. That is why it is important for Aussies to always check if the casino that they are playing at is audited.
Top Casino Payouts in Australia
Finding a web-based casino that has the best online casino payouts may seem hard at times. But we have made that a bit easy for you as we listed some of the casinos that have the beat online pay-out percentages in Oz.
All these casinos are audited for fairness and are guaranteed to give you the best online casino gaming experience that you could have to ask for. The games at these casinos are developed by leading software developers like RTG, Evolution Gaming, Microgaming, Playtech to mention but a few.
| Casino | Payouts |
|---|---|
| Joka Room and PlayAmo | 99% |
| Red Stag, Ignition Casino, Uptown Pokies, Planet Casino, Joe Fortune, Fair Go Casino | 98% |
| Kahuna, Mucho Vegas, bodog, bonza Spins | 97% |
| Pokie Spins, Ace Pokies | 96% |
Highest Payout Casino Games
Now that we know that an online casino pays-out better, let’s look at some of the most popular games that have the best payout at online casinos.
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Online Baccarat
When you play Baccarat online, you have a 1.36% edge over the house if you bet on the banker. Unfortunately for players, when you do this, there is a 5% tax for betting on the banker. However, at the end, you’re still left with a house advantage of 1.17%. This is after you combine the tax together with the edge gained from betting on the banker. This makes it more profitable to bet on the banker than to bank on the player the player.
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Online Blackjack
When you play Blackjack in Las Vegas, dealers will stand on a soft 17. This is while players can double any 2 cards and re-splits are allowed. Live Blackjack games also use 8 decks of cards to prevent card counting. On the other hand, an online casino can mix it up, with the number of decks ranging between 1 and 8. Every extra deck added increases the house edge by around 0.02%. This means that if you play a game with only 1 deck, your odds are much better.
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Video Poker
The house edge in online video poker is just 0.46%. However, players must know what they’re doing to get these sorts of odds. This is because online casinos offer many different versions.
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Online Roulette
Roulette comes in two basic versions; one with a single zero and one with 2 zeros. The one with a single zero is the one to go for. With a single zero, the house edge is 2.70%. With 2 zeros, the house edge increases 5.26%.
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Online Pokies
There are a number of pokies out there. We can never tell you the odds for each of them because they are too many. The general rule of thumb is that, pay-out percentages for online slots are over 95%. This is higher than what you would find at a land-based casino. The odds vary from game to game. It’s good to always check out the paytable before playing a game.
Casino Banking Methods Payouts
Another aspect of payouts that players always need to consider are banking methods. This is because, at the end of the day, the banking methods will always determine how often the players will be paid out. There are thousands of banking methods that players can use when they play at online casinos, however, we only look at the major banking methods as well as how often they payout.
| Method | Payout Speed |
| PayPal | Instant |
| Skrill | Instant |
| Neteller | Instant |
| Visa Debit | 2-5 Business Days |
| Visa Electron | 2-5 Business Days |
| Maestro | 2-5 Business Days |
| MasterCard | 2-5 Business Days |
| Bitcoin | Instant |
| Bankwire Transfer | 24 Hours |
Online Casino Payouts Vs Land-Based Casino Payouts
If you didn’t know, online casinos offer better pay-outs than a land-based casino. While both land-based casinos and online casinos offer the same basic things, there is a difference. Online casinos are not limited by space. What that means is that they can offer hundreds of different games. This is something that even the largest land-based casinos have struggled to match.
Online casinos also have the advantage of offering numerous different variations of a particular game. This could ultimately see a particular version offering better odds and payouts. You should note that Land-based casinos are subject to local laws and regulations. This means that the games you play could be affected.
For example, Roulette is different in North America. It comes with an additional zero on the wheel. This may sound like a small change but it significantly increases the house edge. These geographic location limitations do not matter to an online casino.
Finally, it is considerably cheaper to run an online casino. There is no need to build or rent a large building and there are smaller electricity bills to pay. This helps ensure that the online casinos offer better pay-outs to players.
Audited vs Unaudited Casino Payouts
Not all casinos have the best casino payouts, as such some may try to trick you. Online casinos that are not audited will do all that they can to make you believe that they have best online casino payouts, yet they do not. You see when you play at an online casino whose payouts are not audited it is easy for them to manipulate the games payout percentages.
As such, when you choose an online casino, make sure to check that it is audited for fairness. Other than that, make sure to also check for the following:
- Security
- Casino License
- Game Variety
- Welcome Bonuses
- Fast Payouts
- Mobile Gaming
- Customer Care
Agencies In Charge Of Best Online Casino Payouts
Earlier on we listed some online casinos that have the best payouts. However, you might be wondering who is in charge of those online casino payouts. That is why in this section we look at the major governing bodies that regulate online casino and determine the best online casino payouts.
Online casinos do not just choose to have a certain percentage as a payout. They need to be regulated and tested to make sure that that the figure that they advertise is truly the online casino payout. That is why they are regulated by various third parties.
These are the agencies that regulate and determine online casino payouts:
- eCOGRA
- TST
- Gaming Associates
- NMi
- BMM Testlabs
- GLI
- SQS
Conclusion
We can’t deny the fact that real money online casino games are amazing. However, as amazing as they are you need to make sure that you play at gambling sites that have the best online casino payouts. That way as you play, you know that you have high chances of walking away with top real money rewards.Play at gambling sites that have the best casino payouts in Australia today and win big.