Every gambler wants to play at the highest rated online casino. Kiwi players want to find the best payout online casinos in New Zealand, but to do so, they must first understand payout percentages. We’ve compiled this list of 7 facts about casino payouts so you can find casino sites that offer the best odds.

#1 Payout Percentage Definition

Payout percentage is the portion of wagers that the casino returns to players in the form of winnings. The higher the payout percentage – the better the odds of winning. Payouts might be calculated for a specific game or for all games available at a particular casino. The term house edge has the opposite meaning, that is the portion of wagers that the casino keeps.

#2 Payout Data Should Be Public

Reputable casinos rely on third-party organizations, like eCOGRA, to produce monthly payout reports. Many gambling sites publish up-to-date information on their website. Some list percentages for each game they offer.

If payout percentages are not listed, it does not mean that the site is not legit; you can request this info from customer service. If they refuse to provide data, that is suspicious and you should look for another site.

#3 Higher Payouts = Better Odds

Payout percentages offer historical data about real people winning real money. Smart players look for a payout that is 95% or higher. This means that for all wagers, the casino paid out 95% to customers.

Remember, a good payout doesn’t guarantee you will win. Other factors, such as game choice and personal skill also affect your chances of winning.

#4 Online Casinos Offer Better Payouts

One benefit of online casinos is higher payouts than their land-based counterparts. Less overhead costs (maintenance, payroll, etc.) leaves more money to pay out to customers.

#5 Some Games Have Higher Payout Percentages

Table games, such as roulette, craps, baccarat, and blackjack have the highest overall payout percentages. Progressive jackpot pokies have the biggest payouts for a single game. Different versions of these popular games have different payouts. Consider your personal gaming style and risk tolerance when analyzing payouts.

#6 Some Games Have Wager Requirements

Kiwi players should understand any wager requirements before cashing out. Common requirements include minimum bet amount and restrictions on consecutive bets.

#7 Top Payout Sites Offer Fast Withdrawals

The best online casinos offer fast withdrawals. You can find the policies, methods, and fees on the site’s cashier page. Choose a gambling site that suits your banking needs.

Conclusion

Now that you understand what payout percentages are and how they impact your chance of winning, you can choose the best top payout casino for you. Contact the casino if you have any questions about payouts before registering.