Unveiling the Secrets of the Best Payout Casino in Australia
If you’re wondering what stands behind the term “best payout casino,” you’ve come to the right place. In this guide, we’ll explain what is considered to be a good payout rate and what factors will affect payout rates in online casinos. We’ll also provide a few tips to help you find the top 10 online casino Australia platforms that currently offer the best payouts.
Keep on reading to find out more.
What Does the Term High Payout Casino Refer To?
The term high payout casino refers to online platforms that offer games with high payouts that are presented through RTP or Return to Player. RTPs show the percentage you can get back on every dollar invested. Higher RTP means a higher potential payout.
For example, if you play a game that has an RTP of 96%, you’ll get $96 for every $100 invested.
All casino games have a different RTP:
- Slots have an average RTP of 96%
- Baccarat has an average RTP of 98.94%
- Blackjack has an average RTP of 99.5%
- Roulette has an average RTP between 97.30% and 98.65%
- Video Poker has an average RTP of 99.54%
- Craps has an average RTP of 98.86%
- Keno has an average RTP of 70%
- Scratch Cards have an average RTP between 50% and 70%
Australian-friendly casinos calculate their RTPs every 4-6 weeks, which means the numbers will be different each month. However, in most casinos, RTPs usually range between 93% and 98%. The best payout rate refers to anything above 96%.
Factors That Affect Payout Percentages
There are several factors that will affect the payout rates of online casino games, such as regulatory bodies, game volatility, game auditing, and the type of casino game. Now, let’s discuss all of the mentioned factors in more detail.
Regulatory Bodies
Regulatory bodies play a vital role in payout rates. This means that online casinos that are licensed and regulated by authoritative gambling bodies, such as the UKGC, the MGA, or Curacao, will provide better payout percentages since they adhere to strict gambling rules.
The gambling license also proves that the platform you play on is not involved in illegal activities and that it will keep your personal data away from third parties.
Game Volatility
Slot games can be low, medium and highly volatile. Volatility shows how often you’ll hit the winning combination and how high your payout will be. That said, games with low volatility provide smaller payouts, while games with high volatility offer high payouts, usually 3000x to 10,000x the initial bet.
However, you should also know that games with high volatility pay less frequently.
The most popular high-volatility slots include:
- Immortal Romance by Microgaming
- Break Da Bank Again by Games Global
- Dead or Alive 2 by NetEnt
- Medusa Megaways by NextGen
- Bonanza Megaways by Big Time Gaming
Game Auditing
The highest payout online casinos in Australia will audit their games via independent testing agencies. Namely, independent testing agencies make sure that payouts are not being manipulated by the casino, as well as that game results are fair and random.
The most prominent independent testing agencies are:
- eCOGRA
- iTechLabs
- GLI
- Quinel
- Technical Systems Testing
- Casino Game Type
As we have already mentioned, each type of casino game will have a different RTP. When it comes to slot games, their RTPs will be affected by the number of paylines and reels and in-game features.
That said, 3-reel slots will have a lower RTP than 5-reel slots. On the other hand, video slots with massive jackpots will have higher RTPs, as well as games with a large number of paylines and bonus features.
Table games, such as baccarat, blackjack, and roulette, have a higher RTP than slot games. Their RTP will depend on the game variant. For example, French roulette has a higher RTP than European and American variants. With that in mind, a good payout percentage for roulette games stands between 97% and 98%.
When it comes to blackjack, opt for variants that have RTPs over 99%, while a good payout rate for baccarat stands at 98.94%. Scratch card games and keno have the lowest RTPs, between 50% and 70%.
How to Find the Best Payout Casinos in Australia?
To find Australian-friendly casinos that offer high payouts, pay attention to the following factors:
License and Reputation
As mentioned before, online casinos that are licensed and regulated by the gambling authorities will provide higher payouts. They’ll also be transparent about their games, i.e., they will provide information about the payouts on their homepage or under the Fair Play section.
Reputable sites will audit their games via independent testing agencies. In their reports, you’ll be able to find RTPs of all types of casino games.
Dedicated Bonuses and Promos
The best payout casinos in Australia will offer generous bonuses and promotions for their new and existing players. With that in mind, look for sites that offer match deposit and no deposit deals, reload bonuses, and refer-a-friend offers.
If you’re an experienced player, give advantage to platforms that offer regular daily and weekly free spins, slot tournaments, and VIP programs.
Transparent Terms and Conditions
In the Terms and Conditions section, you’ll find all information about game payouts, as well as specific wagering requirements and bonus details. Prominent online casinos will impose fair rollover requirements and realistic time limits. Likewise, they’ll be transparent about their bonus rules and restrictions.
The Terms and Conditions section will also contain information on game eligibility. I.e., you’ll find out how much they contribute to the bonus. In general, slot games contribute 100% towards the bonus, while table games contribute between 10% and 20%, depending on the casino.
Extensive Game Library
Look for Australian-friendly casinos that offer games with high payout percentages, i.e., that offer games that have an average RTP of 96% or more. This means that you should give preference to sites that provide a large number of slot, table, and live dealer games powered by well-known iGaming developers, such as NetEnt, NextGen, Thunderkick, and Big Time Gaming.
On that note, the most popular slots with high RTPs include:
- Blood Suckers by NetEnt – 98% RTP
- Starmania by NextGen – 97.87% RTP
- 1429 Uncharted Seas by Thunderkick – 98.5% RTP
- White Rabbit Slot by Big Time Gaming – 97.3% RTP
- Medusa Megaways by NextGen – 97.63% RTP
In addition to that, prioritise sites that offer slots with large progressive jackpots, such as Mega Moolah, Mega Fortune, and Treasure Nile. When it comes to other casino games, look for platforms that offer multiple versions of blackjack, roulette, baccarat, video poker, and craps.
Fast Payouts and Multiple Banking Options
Good online casinos will provide fast payouts, multiple payment options, and high withdrawal limits. This means that you should choose platforms that accept credit and debit cards, like Mastercard, Visa, and Maestro, e-wallets, like Skrill, PayPal, and Neteller, wire transfers, and cryptocurrencies.
Moreover, you should be able to make instant deposits and request fast withdrawals. The withdrawal processing time should not exceed 48 hours, and the casino should not impose hidden fees.
Mobile Compatibility
Since all online casinos in Australia are mobile-optimised, you’ll have the opportunity to play casino games wherever and whenever you want. However, if you want to boost your gaming experience, opt for sites that offer dedicated Android and iOS apps.
What makes mobile apps better than mobile-optimised sites is their performance. Namely, mobile apps are tailored specifically for Android and iOS devices, which means that their performance is at the highest level. Mobile apps also come with multiple features, like push notifications and customization options.
Responsive Customer Support
Responsive customer support is the best indicator that you’re playing on a legitimate and safe site. Reputable Australian-friendly platforms will not only provide professional and responsive customer support but will also offer multiple support channels, like email, phone, and live chat.
Furthermore, you should give an advantage to casinos that offer 24/7 live chat led by real people, not chatbots.
Playing Your Cards Right
To sum things up, high payout casinos refer to online gambling platforms that offer games with high RTPs. Factors that will affect the RTP percentage are regulatory bodies, auditing agencies, types of casino games, and game volatility. The best online casinos that accept players from Australia have payout rates above 96%.
Keep in mind that a high RTP doesn’t necessarily mean that you’ll win. On that note, you should practice responsible gambling to avoid losing your money.