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Best Payout Online Casinos

A. Antonova (editor)

casino payouts

New online casinos have been sprouting like mushrooms after rain in recent years, making it progressively harder for players to single out trusted gambling operators from the bad seeds. Players should factor in multiple aspects while looking for new casinos to try, including licensing, withdrawal processing timeframes, average support response times, and game versatility. 

Looking at the combined payback rates advertised by different casinos is equally important as they reflect the average amounts gambling operators pay back as prizes. Higher payout percentages translate into more winnings for customers, and vice versa. So if you are looking for the highest-paying casinos on the internet, look no further than this article. We have prepared the ultimate guide on finding casinos with high return-to-player rates, including the main criteria that should govern your choice. 

To spare you the hassles of doing all the heavy lifting yourself, however, we also provide an unbiased ranking of the 10 best-paying online casinos. Apart from boasting high RTP rates, our top picks excel in other aspects like bonuses, cross compatibility, withdrawal speed, security, and game versatility. Keep on reading to learn more about our top 10 selections.

Best Payout Online Casinos

When it comes to playing online, generous payouts are extremely important for all players looking for greater value. The following 10 web-based casinos are the best destinations for gambling enthusiasts on the lookout for a more fruitful betting experience. Our recommended gambling sites combine generous payouts with safe and fair gaming conditions, a sure recipe for high-value gambling entertainment.

  1. Golden Tiger

    Golden Tiger Logo
    • $1,500 Bonus
    • $10 Min. Deposit
    • 600+ Microgaming Games

    Established in 2000, Golden Tiger has many years of experience in the iGaming industry and knows what it takes to keep players satisfied. The renowned gambling operator achieves this by providing a wide range of games, a fair and safe gaming environment, and lots of generous bonuses.

    The Golden Tiger library features more than 650 thrilling games furnished by Microgaming and Real Dealer Studios.

    Operating as part of the Casino Rewards Group, Golden Tiger conducts online gambling with licenses issued by the Kahnawake Gaming Commission, the UK Gambling Commission, the Alcohol and Gaming Commission of Ontario, and the Malta Gaming Authority.Read More

  2. 888casino

    888casino Logo
    • 88 Free Spins
    • $10 Min. Deposit
    • 2,000+ Games

    Established in 1997, 888casino is a top-paying gambling site with over 26 million registered customers at the time of publication. The casino impresses with an extensive gaming library that spans more than 2,000 top-shelf slots and table games, some of which run on proprietary software. The operator has also teamed up with renowned third-party software studios like Pragmatic Play, Red Tiger, Inspired, NetEnt, and Quickspin to deliver a truly versatile gaming experience to its customers.

    88 free spins granted after registration. No deposit needed. Valid for 48 hours. 5x Wagering. Player, country, game restrictions, and terms apply.Read More

  3. Yako Casino

    Yako Casino Logo
    • $99 Bonus
    • $10 Min. Deposit
    • 1,000+ Games

    Yako Casino debuted on the iGaming scene in 2014 and has been enjoying an excellent reputation ever since. The gambling operator services customers with licenses procured from the UK Gambling Commission, Spelinspektionen, and the Malta Gaming Authority. All data players share is encrypted during transmission with cutting-edge 1,024-bit SSL encryption.

    New customers only, min deposit $/€/£10, wagering 40x, max bet £5 with bonus funds. 100% up to $/€/£99 bonus + 99 free spins on 1st deposits. No max cash out on deposit offers. Welcome bonus unavailable for players depositing with Skrill or Neteller. T&Cs apply.Read More

  4. Guts Casino

    Guts Casino Logo
    • €100 Bonus
    • €10 Min. Deposit
    • 2,100+ Online Slots

    Its rich gaming library, rewarding promotions, and spotless reputation are what make Guts Casino a go-to spot for players insisting on quality, fairness, and versatility. The casino offers a rich selection of premium games supplied by over 40 software providers. Red Tiger, NetEnt, Microgaming, Pragmatic Play, and Quickspin have a particularly strong presence in the lobby. Guts is a full-fledged gambling site where players will find a vast range of products, including slots, table games, virtual sports, jackpots, and live dealer tables. Sports betting and peer-to-peer poker are available under separate tabs.

    New customers only. €10 min deposit. Bonus 100% up to €100. 35x wagering to clear in 30 days. Skrill, Neteller, and Paysafe excluded. Game weightings and terms apply.Read More

  5. bet365

    bet365 Logo
    • $1,000 Bonus
    • $10 Min. Deposit
    • 80+ Jackpot Games

    Online since 2000, bet365 has become somewhat of a household name in the UK where it originated from. The company enjoys great renown for the premium quality of the gambling products it offers and has won multiple awards for excellence over the years. From sports betting and peer-to-peer poker to slots, live dealer and table games, there is no shortage of enticing options at bet365. This rich catalog is courtesy of the acclaimed supplier Playtech, which also powers the casino's live dealer lobby.

    Another great thing about bet365 is that its games are accessible to players from all major regulated markets, including the UK, Europe, Australia, and Latin America.Read More

  6. PlayOJO

    PlayOJO Logo
    • 50 Free Spins
    • $10 Min. Deposit
    • Over 60 Live Games

    Few online casinos can boast of offering fairer gaming conditions than PlayOJO. The casino emerged in 2017 and quickly picked up steam with its generous promotional incentives. Bonuses at PlayOJO have no wagering requirements or caps on maximum bonus withdrawals, which considerably adds to their value.

    Players are literally rewarded for gambling at the website as PlayOJO returns some of their money on each bet. But it gets better as these cashbacks are credited to eligible customers' balance in real withdrawable cash.Read More

  7. SlotsMillion

    SlotsMillion Logo
    • $200 Bonus
    • $10 Min. Deposit
    • Over 1,800 Games

    SlotsMillion has over a decade of industry experience and certainly knows how to deliver quality gaming entertainment to players from all walks of life. True to its name, the brand caters to fans of the slot genre with over 1,800 first-class releases supplied by industry greats like Yggdrasil, Pragmatic Play, Relax Gaming, Betsoft, and Big Time Gaming. Blackjack, house-banked poker, roulette, and baccarat are also available, both in RNG and live dealer format.

    SlotsMillion is licensed and regulated by the Malta Gaming Authority, one of the strictest watchdogs in the iGaming industry.Read More

  8. Casino Action

    Casino Action Logo
    • $1,250 Bonus
    • $10 Min. Deposit
    • 650+ Games

    Looking for a superior and rewarding gaming experience from the comfort of your surroundings? If this is the case, you should perhaps consider joining Casino Action. A member of the Casino Rewards Group, the gambling operator delivers a top-notch collection of over 650 fantastic games crafted by the talented developers of Real Dealer Studios and Microgaming.

    The main lobby features hundreds of thrilling classic and video slots to accommodate all fans of the genre regardless of their preferences. Progressive slots like Mega Moolah, Cash Splash, and Treasure Nile are recommended for players looking to pocket enormous seven-figure prizes.

    Read More

  9. Casumo

    Casumo Logo
    • $300 Bonus
    • $10 Min. Deposit
    • 20 Free Spins

    Casumo is an innovative gambling site with an attractive design, tons of promotions, and a focus on delivering high-quality gameplay. The brand has won multiple awards for the excellence of its services, including Mobile Casino of the Year at the 2018 EGR Operator Awards.

    The casino holds licenses from the UK Gambling Commission and the Malta Gaming Authority, which further adds to its excellent reputation.Read More

  10. Royal Panda

    Royal Panda Logo
    • $1,000 Bonus
    • $10 Min. Deposit
    • 2,000+ Games

    Royal Panda is a reliable gambling site that provides first-class casino entertainment in a secure environment regulated by the Malta Gaming Authority.

    On top of that, a fantastic range of over 2,000 online slots and classic table games await players who join Royal Panda. Multiple software companies contribute to the constantly expanding portfolio of Royal Panda, including big names like Thunderkick, Microgaming, Elk Studios, and Playson. The comprehensive selection of live dealer games comes from Evolution Gaming, Stakelogic, Pragmatic Play, and OnAir Entertainment.

    Those who join Royal Panda can enjoy impressive bonuses and promotions that will help them improve their chances of sweeping amazing payouts.Read More

How to Choose the Best Payout Online Casino

casino payoutsWhen you browse online, you will find numerous casinos that look all flashy and claim to offer higher payouts and better games that will make you rich in an instant. Unfortunately, there are many shady brands on the internet that are far from properly regulated and licensed. Licensing is among the most important aspects you should factor in when choosing new online casinos. The highest-paying gambling sites typically carry the seals of approval of first-tier regulatory bodies like the Malta Gaming Authority (MGA), the UK Gambling Commission (UKGC), and the Gibraltar Gambling Commissioner (GGC), among others.

When playing online, it is also important to find casinos that offer provenly fair games with random and unpredictable outcomes. Take a good look at the footer of your chosen casino’s website as it should contain a seal for fairness granted by a respected third-party testing house.  The most respected independent auditors of iGaming content include eCOGRA, iTech Labs, Gaming Laboratories International (GLI), Gaming Associates Europe, Technical Systems Testing (TST), Quinel, and BMM North America, among others.

If you are tempted to start playing at a new online casino that offers a massive welcome bonus, you should most definitely peruse the terms and conditions attached to the promotion. Some gambling operators lure new players in with generous sign-up offers but their wagering requirements are high enough to make it impossible for players to actually benefit from the bonuses. Look for casinos with reasonable wagering requirements, high caps on maximum bets during bonus play, and no restrictions on cashable bonus payouts. Such sites are rare but they do exist.

Transparency is another trait all high-paying online casinos commonly share. They subject their catalogs to monthly audits and are not afraid to share the results with their customers. Such casinos tend to publish both their combined monthly payout rates and the individual return percentages of all games featured in their libraries. Armed with this information, players can compare the payout percentages of different titles and pick the releases that offer the highest returns. Speaking of games, it is always a good idea to go for online casinos that offer versatile content supplied by accredited software studios certified by the aforementioned testing houses.

What are Payout Percentages

payout-percentagesWhen looking for online casinos that guarantee a more rewarding experience, you should acquaint yourself with the term “payout percentage”. Also known as Return to Player (RTP), this is an essential parameter that should always govern your choice of new online casinos. Trusted gambling operators do not shy away from making this information public. The opposite is true of less reputable gambling businesses that often prefer to keep quiet about their monthly return percentages.

This parameter is important because it indicates what portion of all wagers a given casino pays back in the form of winnings. Expressed as a percentage, the RTP requires a large enough sample size to calculate accurately and involves all wagers placed during a specific period, usually a month.

Let’s use a virtual casino with a combined payout percentage of 96.05% as an example. This means that for every $100 wagered, the casino has paid back $96.05 as winnings. Of course, this does not mean you will always receive this amount each time you play through $100. It rather indicates the combined return of all bets customers have placed during a given period. Individual players can win more or less than the advertised payback percentage during a single betting session, week, or even month, depending on their level of play.

Payout percentages are a great reference point when looking for high-paying casinos but are only accurate when hundreds of thousands of wagers are factored into the equation. Still, the closer this percentage is to 100%, the better for players, as this way, they will reap more profits and lose less on average in the long term.

What is Gross Gaming Revenue

casino rtpRemember when we said an RTP of 96.05% means a casino has paid back $96.05 per every $100 wagered on average? If so, you are perhaps wondering what happens to the remainder. Well, this is the amount the casino has retained from all money wagered during the respective period.

A key indicator of gambling businesses’ performance, this is also known as gross gaming revenue (GGR), or the total amount of wagers minus the overall payouts. It can fluctuate from one month to another, depending on the level of player activity because casino games are randomly generated and actual gross revenue may deviate from long-term theoretical return.

The GGR should not be confused with net gaming revenue (NGR), which corresponds to the actual profits gambling operators are left with after paying taxes and covering their operating expenses. With this out of the way, gambling operators with higher payback percentages typically generate less gross gaming revenue as they return a larger portion of the money wagered as winnings. While this sound disadvantageous from a business perspective, higher payback rates often translate into better player retention, which is equally important for online casinos.