While online casinos certainly offer great convenience compared to land-based casinos, there is one thing that is even more important to players when they decide whether to gamble online or not. That is of course how much the casino pays out. Let’s face it, no matter how much you enjoy gambling, you still want to have the best chance of winning, so even if an online casino is more convenient, you’re not likely to spend much money at it if your local land-based casino pays out a lot more. We thought we’d look into this and tell you why you’re better off staying at home and gambling from the comfort of your own home, enjoying the best payout online casinos in Australia.
Top Payouts Online Casinos in Australia
Which online casino has the best payouts? The payouts for different casino websites will depend on which games they have selected to include in their portfolio, as slots payout rates are generally much lower than table games like blackjack payout rates. The highest payout online casinos don’t need to pay for a lot of these things and are much cheaper to operate, allowing them to give more money back to their players. In addition, because their payout percentages are much higher, players tend to be happier and more likely to come back. In contrast, online casinos will spread games with a variety of decks in play and this can range anywhere from one to eight. Blackjack is traditionally the highest payout casino game online.
Why are the payouts better at an online casino?
So now that we’ve told you that online casinos typically offer better payouts than a land-based casino, we suppose we should justify what we’ve said. While both land-based and online casinos offer the same basic things, you have to remember that online casinos are not limited by space. This means that they can offer hundreds of different games, something that even the largest land-based casinos would struggle to match.
Online casinos can also offer numerous different variations of a particular game, which could see a particular version offering better odds and payouts. Land-based casinos are also subject to local laws and regulations, which could affect the games you play. Roulette, for example, is different in North America, where there is an additional zero on the wheel. This sounds like a small change but significantly increases the house edge. Geographic location doesn’t matter to an online casino.
Finally, it is also considerably cheaper to run an online casino. There are smaller electricity bills and you don’t need to build or rent a large building. This all comes together to help ensure that the online casinos are definitely the winners when it comes to how much they pay out to players.
A closer look at the odds
So now that we know that an online casino is going to payout better than a land-based, let’s quickly take a closer look at some of the most popular games at an online casino and look at the house edge.
| Game | Rules | House Edge |
| Baccarat | Banker | 1.06% |
| Player | 1.24% | |
| Tier | 14.36% | |
| Blackjack | Vegas Rules | 0.28% |
| Video Poker | Jacks or Better | 0.46% |
| Roulette | European Roulette – Single Zero | 2.70% |
| American Roulette – Double Zero | 5.26% |
A closer look at the particular games
- Online Baccarat – Typically when you’re playing a game of Baccarat, if you bet on the banker you have a 1.36% edge over the house. Unfortunately for players, casinos aren’t in the business of just giving money away, so when you do this there is a 5% tax for betting on the banker. However, when you combine the tax with the edge gained from betting on the banker, you’re still left with a house advantage of 1.17%, making it more profitable to bet on the banker than the player.
- Online Blackjack – Typically when playing Blackjack in Las Vegas, dealers will be required to stand on a soft 17; while players can double any two cards and re-splits are allowed. Live Blackjack games also tend to use eight decks of cards to prevent card counting, while an online casino has the freedom to mix it up, with the number of decks used ranging between 1 and 8. Every extra deck that is added increases the house edge by around 0.02%, so if you play a game with only one deck, your odds are much better.
- Video Poker – Typically the house edge in online video poker, when playing Jacks or better, is just 0.46%. This is pretty good, but players do need to know what they’re doing to get these sorts of odds because online casinos offer numerous different versions. You can actually do better than 0.46%. Be sure to have a look at the table below this list to see the odds on some of the other poker versions.
- Online Roulette – As we mentioned, Roulette comes in two basic versions. One with a single zero and one with two zeros. The European version is the one with a single zero and is the one to go for over the American version. With a single zero, the house edge is 2.70%, while two zeros increase that to 5.26%. While adding an extra zero may not sound like it makes a huge difference, you can see the house edge dramatically increases.
- Online Pokies: There is such a huge variety of pokies out there we could never tell you the odds for each of them. The general rule of thumb is that the payout percentage for online slots is over 95%, which is higher than you’d typically find at a land-based casino. The odds vary from game to game, so we always recommend checking out the paytable before you choose your machine.
| Video Poker Game | Payout Ratio |
| Jacks or Better | 99.54% |
| Double Joker Poker | 99.96% |
| Deuces Wild | 99.00% |
| 7s Wild | 98.80% |
| Aces and Faces | 99.85% |
| Double Bonus Poker | 100.17% |
Online Casino Payouts Conclusion
As we have shown, you really have to play at an online casino for the best odds of winning. Land-based casinos offer the atmosphere and a great experience, but for increasing your bank balance, online is where it’s at. The games are normally faster, your environment is quieter and the games are generally cheaper. Local laws don’t restrict what sort of games can be offered and players have more choice. All in all, online casinos are the best option if you want to get lucky and win big.
The holiday season has come and gone, and that means some of us may have gone a little overboard with spending. If you’re looking to relieve your wallet from some of the holiday shopping, then make sure you visit the best paying online casino to get the most out of your money. If you manage to land a giant jackpot, you could take home a five, six or even seven-figure payday!
Before getting started, be sure to always check the following payout procedures:
- High maximum limit for your payout
Below are a few examples of best online casino payouts for US players so you can easily withdraw a big score!
Top 5 Highest Payout Online Casinos
At OUSC, we took three factors into consideration when reviewing top paying US online casino options: High Payouts, Quick Payouts, and Safety. All of these factors are important when it comes to receiving your winnings. With this information, we created a list so that you can easily find a recommended online casino and have access to your funds as quickly as possible. Take a look to see which online casinos you can visit for the best overall payout experience.
1. BetOnline
One of the top-rated online casinos available for players in the US is BetOnline. The online casino offers a solid choice of gaming options and does not skimp when it comes to deposit and withdrawal methods. The online casino has a solid reputation when it comes to payouts, offering fast return times and a high payout percentage ratio.
BetOnline offers several high limit withdrawal options for players in the US. With cryptocurrency, players can withdraw as much as $10,000 while Bank Wire provides up to $24,900.
Top Deposit and Withdrawal Options Offered at BetOnline
Top Rated Online Casino Payouts
| Banking Method | Min/Max Deposit | Min/Max Withdrawal |
|---|---|---|
| Bitcoin | $20 / $25,000 | $20 / $10,000 |
| Ethereum | $20 / $25,000 | $20 / $10,000 |
| Dash | $20 / $25,000 | $20 / $10,000 |
| Bank Wire Transfer | $1,000 / No Max | $500 / $24,900 |
Cafe Casino is another highly recommended option for players in the US who want access to fair and secure gaming, along with quality deposit and withdrawal methods. The most popular form of withdrawal is Bitcoin as the cryptocurrency takes only 15 minutes to appear in your wallet after the withdrawal has been approved.
Deposit and Withdrawal Options Accepted at Cafe Casino
| Banking Method | Min/Max Deposit | Min/Max Withdrawal |
|---|---|---|
| Bitcoin | $10 / $5,000 | $10 / $2,500 (New players) $3,000 VIP Members |
| Visa/MasterCard/AMEX | $20 / $1000 (New players) | N/A |
| Bank Wire | N/A | $1,500 / $2,000 (New Players) $9,000 (VIP Players) |
| Check by Courier | N/A | $50 / $2,000 (New Players) $2,500 (VIP) |
For quality online casino gaming, choose Bovada Casino, home to a plethora of slots and table games. When it comes to payouts, players have two options and sizable limits. Payouts are made quickly, so players have access to their cash in a timely manner. Choose Bitcoin for the quickest payout, with funds available in your wallet within a 15-minute time frame once approved.
Deposit and Withdrawal Options Found at Bovada
| Banking Method | Min/Max Deposit | Min/Max Withdrawal |
|---|---|---|
| Bitcoin | $10 / $5,000 | $10 / $9,500 |
| Check by Courier | N/A | $100 / $3,000 |
| Visa/MasterCard | $20 / $1,500 | N/A |
At Slots.lv, online casino players will find the site offers a quality selection of deposit and withdrawal methods. After earning a big online slot jackpot win, players can select the quickest method available, Bitcoin, to receive winnings. In just 15 minutes after the withdrawal is approved, the cash is in your cryptocurrency wallet.
With a large selection of games available, players will find they can enjoy any game and win, having access to their prize money in a timely manner at Slots.lv.
Slots.lv Deposit and Withdrawal Options
Best Paying Online Casino
| Banking Method | Min/Max Deposit | Min/Max Withdrawal |
|---|---|---|
| Bitcoin | $10 / $5,000 | $10 / $2,500 (New Players) $9,000 VIP |
| Visa/MasterCard/AMEX | $20 / $1000 (New players) | N/A |
| Check by Courier | N/A | $50 / $2,000 (New Players) $2,500 (VIP) |
Another great choice for quick payouts is Wild Casino. Here players can enjoy slots, table games and more, with plenty of options for withdrawal. Like many of our other recommended online casinos, Wild Casino offers Bitcoin, as well as Ethereum which is the quickest format for payment. Receive your winnings just 48 hours after approval.
Popular Deposit and Withdrawal Options Found at Wild Casino
| Banking Method | Min/Max Deposit | Min/Max Withdrawal |
|---|---|---|
| Bitcoin | $20 / $25,000 | $20 / $10,000 |
| Ethereum | $20 / $25,000 | $20 / $10,000 |
| Dash | $20 / $25,000 | $20 / $10,000 |
| Visa/MasterCard/AMEX | $50 / $5,000 | N/A |
| Bank Wire | $1,000 / No Max | $500 / $24,900 |
What are Payout Percentages?
The term payout percentage is used to describe the percentage of money provided to players during a specific time period. Online casinos can have high and low payout percentages based on a number of factors, one including how much players are winning during a given time frame.
When considering payout percentages, it is important to focus on an online casino that has a high success rate when it comes to payouts. Online casinos that withhold withdrawals, taking weeks to months to provide a payout should be avoided. Our recommended sites take a short time frame to provide payment, which means their payout percentage rates are high.
Check Out These Best Paying Online Casinos
As the New Year begins, visit any of our recommended online casinos to get the most out of your money when playing your favorite games. Always research an online casino before committing to real money games so that you can avoid any rigged or unsecured sites. Our recommended top paying US online casinos are excellent sources for gaming, including quality support, premium deposit, and withdrawal methods, along with the best slots, table games, and specialty options.
