1. Iowa Casino Payout Percentage
2. Online Casino Payout Percentages Las Vegas
3. Online Casino Payout Percentages Calculator

The video slot machines at the online casinos are, without a doubt, the most popular feature. So it comes as no surprise, for those with basic understanding of how the casinos work, that people will be searching specifically for the casinos with the highest slot payouts. If you are new to online gambling, the basic premise is that all video slot machines (including those at the land-based casinos) operate on the payout percentage principle. This means that every slot machine will pay back a certain percentage of the amount the players wager, in the form of winnings. We go into a bit more details further into this article, but if you are anxious to just see which online casinos have the highest slot payouts, here is the list:

The payout percentages shown at an online casino show the proportion of the total money being bet by players that is paid out to players as winnings. For instance, a Microgaming online casino that advertises overall payouts of 97% means that of every $1 wagered on its games, $0,97 is paid out back out to players as winnings. The payout percentages in casino poker depend on the version of the game, bonus features, the strategy you use and other factors. The numbers usually go between 92% and 98%. In these poker games, you don’t have to bluff.

1. Payout Percentages & Online Casinos When you first join the world of online casinos, it can be a little confusing at times. Payout percentages are something that we get lots of questions about.
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As promised earlier, let’s recap how the payout percentages work with the online video slots. Previously noted, the percentage is an indicator of how much of the money wagered the slots will pay back in the form of winnings. Naturally, the higher the payout percentage, the more the slot will pay. This is why people look for the casinos with the highest slot payouts.

Iowa Casino Payout Percentage

Do Slot Payout Percentages Vary?

Now, one should keep a few things in mind. The payout percentage will vary not only from casino to casino, but also between the different slots at the same online casino. What we have done here, in order to give the most accurate ranking, is to average those payouts among the top 10 slots at each casino. Which is where the numbers in the table above come from: we have simply averaged the slot payouts among those top 10 games. So while one slot machine may have amazing payouts at a casino, if the remaining video slots are very tight, it wouldn’t make sense to even care to considerate that casino. While this may not appear to be the ideal method, in reality if we had to compare the payouts of all 300+ slots at every online casino, one must admit, it would be an insanely large an unwieldy list to comb through. There is such thing as information overload, thus we believe that this is the best method of ranking the top 5 casinos by slots payout percentages.

Who Decides the Slot Payout Percentages?

Another frequently asked question is who decides what would be the payout percentage for a certain video slot machine. The short answer is that it varies, for the long answer – read on.

There are two options for the online casinos, when it comes to setting up the slot payouts, and it all depends on the software provider. One option is that the casino is given the possibility of setting the payout percentage for a slot machine. If this is the case, the online casino may be given the choice of predetermined payouts, such as 98%, 96.5%, 95%, etc. The casino then can fine-tune those numbers to best match their overall strategy. For example, they may be interested in having a very loose popular slot in order to attract customers, much in the way retailers have so-called “loss-leader” products. Maybe the casino believes that they will make up the profits at the blackjack tables, where house advantage rules. Or they simply aim at achieving a certain profit margin, that would be in tune with their marketing budget and overhead. Whatever the reason, they have the choice of opting out for a high paying slots, tighter games, or anything in between.

Another option is, in a way, no option at all. Some casino software developers would simply set the slot payouts to a certain level and the casinos that use this software have no say in what those numbers would be. On first look, this may seem like a fair model, but it robs the casinos from their competitive edge. There is no way for one casino to make their slots pay more, thus attracting more customers to their property. And what if the casinos believe that the payout percentage was set too low in order to compete with casinos using different developer companies? In this case, the online casino must be certain that they work with experienced developers, companies that know the intricacies of the gambling market, otherwise they would be doomed from the start.

The Third Option

There is another option, quite popular in Europe, although it is yet to take a foothold with the casinos catering to the USA market. Traditionally, the online casino uses a single game developer and all the offerings at the casino are provided solely from said developer. There are online casinos, however, which use more than one such casino software companies. This not only gives them the opportunity to offer more games (hundreds more than what would usually be the case with single-developer casinos), but also the choice to set the payouts on some of those games, again, if the developer has this feature. As far as the USA online casinos, only the Bovada Casino currently uses a variation of this type of casino, but we hope to see more of them in the future. The sportsbook 5Dimes also has a multiple-casino options, but to be frank, with the exception of two of them, the rest a pretty crappy. That said, 5Dimes has a stellar reputation among the sports bettors, so if you are interested, you can check them out. But once again, their strength is in sports betting, working with casino players is not their forte, as it would be the case with Bovada, which also runs a very popular sportsbook, in addition to the famous casino.

How high can the slot payouts go?

Where would we be without answering one of the most popular questions, namely what are the highest slot payouts you can get at the online casinos. Could there be slots with the full 100% payout? Is it insane to believe the some slots have a casino-negative payout, for example, 101%? You can read out article Can slots pay back more than 100% to learn more, but let’s touch on it briefly here, as well. The answer would be to use common sense – would you start a company that offers a product which puts you in the red constantly? Of course not, an neither would the online casinos. Sure, you may see some casinos advertising 100% (or more) payouts, but there is a reason we have a list of reputable online casinos…If they claim their slots pay back 100 percent or more, you can be certain they are lying to you.

But to answer the original question of what is the highest payback percentage for video slots at the online casinos, 98.5% is about as high as you would get, and mind you, you won’t get this very often. Anything over 97.5% is considered a very generous offering, as you can see by the fact that only two casinos on our list make it this high. On the flip side, anything under 93% would be called a “tight” slot. As a rule of thumb, try to stick with slot payouts of over 95% and you’d be a happy camper. Keep in mind that we are talking about long-term audited payout percentages here. If you start playing a video slot and you hit a prize which is 5 times your wager with the first spin – it doesn’t mean that the slot’s payout is all of a sudden 500%! Which brings us to our final point about high slot payouts.

Are the slots payout percentages real?

In today’s world, it’s getting harder and harder to find real information on the Internet. As you can see, we can’t even get real news, so why not question the payout percentage a casino claims? As a player, you not only have the right to question whether the advertised slots payout is real, you dang nearly have the obligation to do so. As we always say, nothing prevents some scammers of creating a fake casino and post all kinds of fake information, including pay back percentages for the video slots. This is why you are strongly discouraged from just doing a search for a casino and hopping on the first one you see come in the search results (be especially wary of the ads sections of the search engines).

The honest casinos, however, are audited; you know: trust, but verify. The auditors would vary depending on the casino, but generally they would be third party and unaffiliated with the casino in any way. Some online casinos, for example, use the famous PricewaterhouseCoopers to verify their payouts, or Central Disputes System (CDS) to verify their RNG (random number generator). The online casino will be more than happy to provide their auditors and their credential to the customer, the reputable casinos, that is. If you are unfortunate enough to end up at a rogue casino all you will hear back of your request for audit is crickets.

Another point of research is the gaming commission and/or licensing authority under which the online casino operate. Not only do they keep an eye on the casino’s conduct, but customers can also file complaints and other grievances with those authorities, should they suspect something is amiss with the casino they patronize. Some online gambling companies are even publicly traded on stock exchanges (most notably in the UK), which add yet another layer of audit to their finances.

Online Casino Payout Percentages Las Vegas

In the end, it all boils down to reputation, however. With experience comes knowledge, and with time you will learn which online casinos are trustworthy, and tend to steer clear of the rest. Reputation is the most important thing for a casino, especially if the casino has been in business for many years. The online gambling community is very tightly knit and news of tight slots or cheating casinos spread very quickly. That’s why the best advice is not to get enamored by the highest slot payouts, but to just make sure you play at a reputable online casino in the first place.

Every casino - online or offline, have a 'payout percentage' - this is what the share of the money wagered would be won. For example a 90% payout means that for every $100 wagered somebody will win $90 of them. What most people don't realize is that this does not mean that if you wager $100 at a 90% payout casino, you will get $90 back - the payouts are calculated within a series of time, or by the games' own payout table (refer how to deposit money).

Please note that online casino payouts are very considerable aspect you need to think when you select an online casino. Of course, there are many other sides you need to consider before playing online. It would be a good thing to keep in mind such important things like casino certification, technical support, quality of online casino software, payment options and other casino features. (Also refer Withdraw Money from online casino). Casino payout charge can be crucial to your odds of winning and you will be able to make your own estimates and conclusions about quality of an online casino. But you have to make sure that your payout figures were derived from actual statistics and were verified by well-known auditing company like Price Waterhouse Cooper or Online Players Association. When a customer desires their money from e casinos, many times it's referred to as a payout. But this can very often be puzzled with another general online casino term called 'payout percentages'. But these are in authenticity two very different things, and it is essential for every online gambler to know the variation. (Ref: Gambling Money Online)

Online Casino Payout Percentages Calculator

LOOK FOR ONLINE CASINO PAYOUTS
Individual games have their hold pay outs for each endearing hand too. These can be seen in the paytable on each game. In Video Poker, the standing hands pay in a different way for each coin value. This is why you always hear that its finest to bet the highest on every bet. If you're betting a quarter, you wouldn't desire to only bet three coins when the maximum bet is five coins. The pay outs are upper for betting max and it's really demoralizing to be playing three coins when you finally hit that Royal Flush and lose out on the jackpot. Both the online casinos payouts and land based casinos payouts create public their games' payouts. Exactly what they are talking concerning with payouts can be a little puzzling particularly if you're new to casinos. (Ref: Online Casino Betting)

What these signify are the percentages of what the games payout in regards to what they bring in for the casino. If a casino claims it pays out 97%, this means that out of 100% of what comes in, the house actually gets 3% and the player 'wins' 97%. This is where it gets a little bewildering because surely, players don't win all that money right? Right. Number one, it's rare that a player on any game, be it slots or video poker or no matter what, cashes out every time he or she gets a winning arrangement. They wait for a big disbursement, or at least a bigger payout than what they've gotten so far. Say for instance, a player spins the reels on a slot machine and the winning combination says they've won $20, nine times out of ten the player is going to keep right on playing, not cashing out. (Ref: Online Bet Guru)

Look for the highest paying games as well as the casinos with the maximum payout percentages. These statistics can be found at the casino website and significantly displayed on the casino games themselves. In Video Poker always check the paytable to see that it is a Full Pay machine. This means that the game pays 9/6 on Jacks or Better, sense that on a minimum coin bet the machine will pay 9 coins for a Full House and 6 coins for a Flush, for a maximum coin bet this would be 45 coins for a Full House and 30 coins for a Flush. Avoid playoffs that pay 8/5 as you are losing money and not receiving the best odds. These games are called Short Pay games and can have payouts as low as 6/5. (Ref: Net Gambling Guide)

HOW TO DEPOSIT THE MONEY

There are many ways online casino players can deposit money into their online casino accounts

900 Pay
This is one service available to United States and Canadian residents. Instead of working like a customary checking account, it charges time to your landline's phone bill. Dealings are made by dialing their 900 number and using the keypad to select from deposit amount options.

Western Union
This is established in the United States, is another such transaction company available to different regions of the world. With this service, players can use credit cards to transfer money to their Casino Las Vegas or English Harbour account. Keep in mind, only international players can send money through a Western Union office.

Citadel
This was a e-commerce securities company, is now a money transmit service. Less popular than its NETeller counterpart, Citadel is still an efficient service. It allows you to send electronic checks for deposit into your online casino. One caveat: Citadel requires you to bear your own checking account registered with a United States based financial institution.

Prepaid ATM
The Prepaid ATM card has also blazed trails in giving users more options to add money to their online casino accounts. Creating an account will grant you an ATM card in the mail which will allow you to withdraw money from select ATM machines. Any progressive slot wins at online casinos will have you withdrawing quickly. These withdrawals can be credited to your PrePaid ATM card. In a near instant, you'll be spending or saving those winnings in no time after withdrawing at an ATM machine.

NETeller
The 'easiest way to pay and be paid online”. This is a popular electronic money transfer company. Registered account users can deposit, relocate, and extract money to/from online casinos that accept NETeller as a form of payment. Funds can be thrown into NETeller through a bank deposit, credit cards, electronic funds transfer, and the $InstaCash program. Unlike some checking accounts, NETeller comes full with advantages like no service fees, classified credit card information, safe dealings, and the ability to access your money from anyplace around the globe, anytime.

WITHDRAW MONEY FROM ONLINE CASINO

When you're prepared to take out your jackpot you'll find there is a process very simple and user-friendly as possible.

Please bear in mind that it is not essential withdraw all the prize money at the end of each game. You can leave the Casino with a positive amount which will be saved in the system and made available to you the next time you play. We do have different extraction option.

Withdrawal options

• How to Withdraw
• How to Select Your Preferred Payment Method
• Withdrawal Payment Options in Casino

How to Withdraw

Please make sure that you have preferred your ideal payment option. To request withdrawal

• Open the casino.
• Click the 'Connect' button.
• Click the 'Bank' button.
• Click the 'Withdrawal' tab.
• Enter the amount you want to withdraw to complete the withdrawal process.

Withdrawals are usually paid out in the following manner

• The portion of the pulling out less than or equal to the unique deposit amount will always be refunded to the unusual deposit mechanism e.g. 900 pay etc.
• Thereafter, any added balance owing to you will be paid out to the transfer option you have selected.
• Please note that if you use any (future) deposit option/-s that grants instant gratification for your deposits, such as InstaDebit as a deposit option, your withdrawal will be put to an eight (8) day pending period. Therefore we are only able to process your withdrawals eight (8) days after your deposit through this/this method/s.
• Please note that any potential new deposit options that grant instant fulfillment for your deposits through these new deposit options might be subjected to the eight (8) day pending period.
• Due to VISA MasterCard and country-specific restrictions and regulations, we might be unable to process withdrawals to these cards.