The best payout online casinos are simply gambling platforms with high return-to-player percentages. Playing on such platforms puts you in a better position to win over a period of time. In this comprehensive review, we will look into the best RTP online casinos, with our main focus being the payout rate. This information is useful, especially when looking for the best online casinos that payout.
List of Best Casinos in Australia
After doing extensive research, our experts came up with this table showing some of the best top payout online casinos in Australia.
+ 500 Free Spins
35x wagering turnover. A total of 500 Free Spins will be provided at a rate of 10 spins daily, applicable to Amatic's Buffalo and Netent's Starburst games. These spins are valid for 24 hours, after which a new batch becomes available, each subject to a 35x wagering obligation. The minimum deposit is 20 AUD. All wagering requirements must be fulfilled within a 30-day period.
100% up to AU$ 2,100
+ 200 Free Spins
New players only. Minimum deposit: A$15, Maximum cashout: Unlimited, Excluded payment methods: Skrill, Neteller. Wagering requirements: 35x (bonus + deposit) (restrictions apply). Free spins conditions: 40x WR, 20 spins per day, 1-day expiration. Maximum bet: A$7.5.
325% up to AU$ 7,000
+ 200 Free Spins
Joo Casino offers new players an attractive welcome bundle: a 325% match of up to AU$ 7,000, plus 200 Free Spins, distributed across the initial four deposits. Players need to deposit at least AU$ 10 to be eligible for the bonus. Each bonus must be wagered 50 times its value before any potential profits can be cashed out.
220% up to $2000 + 200 Free Spins
Upon making a first deposit, players can receive a 100% bonus up to $500, along with 30 Free Spins. The second deposit triggers a 50% bonus up to $800, plus an additional 30 Free Spins. For the third deposit, players are eligible for a 70% bonus up to $700, complemented by 140 Free Spins.
up to AU$ 1,500
+ 200 Free Spins
Up to AU$ 1,500 plus 200 Free Spins, distributed over your initial three deposits, with a Secret Bonus awaiting on your fourth deposit. A minimum of A$ 30 is required for each deposit. The wagering criteria stand at 40 times the bonus amount. The Free Spins can be used on selected pokies: Wild Cash, Miss Cherry Fruits Jackpot Party, and Lady Wolf Moon Megaways.
What is RTP and How Do You Calculate it?
Casino games largely depend on luck, thanks to the Random Number Generators (RNGs). RNGs are a set of algorithms specifically designed to maintain the fairness of casino game outcomes. They continuously generate a series of random numbers to determine the outcome when someone is playing. This helps maintain randomness and unpredictability.
But, RNGs guarantee a specific payout percentage depending on your chosen game. You can expect certain returns in your winnings for each game. For instance, a game that has a payout percentage of 97.5% will give a return of A$975 if you place a bet of A$1000.
Even high payout online casinos have a certain profit margin on all their games. Not all PayID pokies sites offer the same payout percentages. For example, the common RTP range for slot games is 80% – 99%. The lowest is 80% and the highest is 99%. If you are looking for long-term profitability, go for slots with a high RTP range, somewhere above 96%. Having this knowledge can help you gauge your chances when looking for high-paying online pokies.
Payout Rate Vs House Edge
Casino payouts are always defined by two factors. The payout percentage and the house edge. The payout percentage indicates what the player will get from the casino. On the other hand, the house edge is a multiplier that shows how much the casino will take. These two are always correlated inversely and usually add to 100%. If the payout percentage is higher, the house edge will be lower. The reverse is also true. The relationship between a casino’s payout rate and the house edge always defines the profit margins for both the player and the casino. Remember this, the next time you are looking for top payout casinos.
Different Games and Their Return To Player Percentages (RTP)
We’ve tested different casino games to check out their corresponding RTPs. Thus, was born the table below. In it we have placed the games variations and their average RTPs. This information will help you to figure out the potential returns of your preferred games.
|Game||Game Variations||Average RTP Range|
|Pokies||Ugga Bugga, Mega Joker,142 Uncharted Seas, Blood Suckers||98.5% – 99.07%|
|Roulette||European, French, American||94.74% – 97.30%|
|Blackjack||European, American, Multi-Hand, Double Exposure||99.33% – 99.95%|
|Keno||1 pick, 2 picks, 3 picks, 4 picks, 5 picks, 6 picks, 7 picks, 8 picks, 9 picks, 10 picks||75% – 98.10%|
|Poker||Texas Hold’em, Joker Poker, 5 Card Stud, 3 Card Stud, Omaha Hold’em, Pai Gow Poker, Omaha Hi/Lo, Stud Poker, Oasis||96.29% – 98.60%|
|Scratch Cards||Lucky Numbers, Whack-A-Jackpot, Wish Upon a Jackpot, Pig Wizard, Merlin’s Millions||95.17% – 96.57%|
How to Maximise Your Winnings
If you want to optimise your wins while playing some of the best pokies in Australia, focus on the RTPs of each game. Also, you have to make sure the RTP starts from around 96%.
Don’t forget to take a look at the volatility of the game. Volatility is the level of risk associated with a specific game. The list below shows the range of volatility in order from the highest to the lowest.
- High volatility
- Medium-high volatility
- Medium volatility
- Medium-low volatility
- Low volatility
This range significantly influences the payout frequency. Note that high volatility offers rare but quite big prizes. However, it comes with a higher risk. On the other hand, games with low volatility provide frequent but smaller wins. If you are looking for the best paying online pokies in Australia, consider those with the highest potential payout.
Verified Vs Unverified Percentages
If you’re looking for the highest paying online casino, make sure it has been audited by a reputable gambling body. To verify the site’s legitimacy, look if it has a valid licence and any other gambling certificates required for operation. This proves the fairness and transparency of the casino’s RNGs. The certificates usually provide the average payout percentage or the overall RTP of the available games. In most cases, you can find these details at the footer of the official website. You will also notice the mark of the organisation responsible for auditing the casino. Based on our practical knowledge, some of the most recognized casino auditing companies include:
- iTech Labs
Best payout casinos with certifications from the organisations we’ve named above guarantee safety and fairness. This certification also verifies the RTPs stated on the website.
Do banking methods affect casino payouts?
Yes. The method you choose can impact the speed and convenience of your payouts. Methods like E-wallets can offer faster withdrawals. The process is often instant. However, other withdrawal methods might have longer processing times. Pay attention to details and read T&C carefully, as some will even charge a processing fee.
How can I find the casino’s RTP percentage?
The RTP percentage can be found in the footer of the casino’s official website. You can also read about it in the terms and conditions. It is always displayed near the logo of the auditing company.
Are the best payout and fast-payout casinos the same?
Not really. The best payout online casino refers to a site with high RTP games. Fast-payout casinos are platforms with quick withdrawal processing times. Both guarantee efficient payouts. However, a casino can be good in one aspect without excelling in the other.
How do I know that I can trust a published RTP rate?
You can trust a published RTP rate when it’s coming from a reputable auditing organisation. Ensure the casino is licensed and verified by a well-known auditor. Look for names such as eCOGRA or iTech Labs for assurance.
What is the best payout ratio for pokies?
The best payout ratio for pokies can exceed 95%. Some highest-paying online casino games offer RTPs of 97% or more. To maximise your winnings, ensure you go for pokies with high volatility.
What is the difference between pokie RTP and volatility?
Pokie RTP refers to the percentage of wagers returned to you as the winning for some time. In comparison, volatility is the risk and frequency of payouts. Let’s see an example, low volatility offers smaller wins but frequent payouts, while high volatility offers quite big wins which are less frequent.