Since most online casinos have been concentrating on speeding up their withdrawals, new player sign-ups are rising significantly. With new instant payment features, the fastest withdrawal payouts can be completed within a mere ten minutes. This is the new standard that online casino game players are coming to expect whether they play with their smartphone or PC.
Many players get confused with payout percentage and cashout so you need to understand the two terms.
So what are payouts percentages?
Payout percentages are nothing more than numbers that show how much of the money is returned back to the casino player on a longer run. Like if a casino has an overall 98.2% payout percentage across all the games, it means that 98.2% of the money is returned to the players, while 1.8% goes as a profit to the casino. These numbers are reviewed each month and they’re the closest answer you can get to which casino has the best odds at the moment. They’re of great importance because they show which casino pays more frequently than other.
As online casinos don’t have high costs like land based casinos; online casinos can give pokies players more favorable payout percentages and higher value for their money, which makes them happier in the long run while the casinos still retain their profits.
What is cash out?
Cash out is the money you get back as wins from online casino. To make a withdrawal it is really important to fully understand the specifications of your casino. Each one has a different policy which will require you look over all the requirements before selecting to deposit. In most cases you go to the casino cashier and request the withdrawal. Be certain to have all pertinent information, like your password, security ID and in some cases your paperwork done prior to the requested transfer.
The processing or cash out can be from almost immediately to up to a few days. Much of it depends on a few items like: completing all the necessary paperwork and authorization prior to the request, the casino’s policies and the method you are choosing to take back your winnings.
The payout percentage have nothing to do with fast cashouts. Note that Payout percentages don’t take into account what actually makes it into players’ hands.
Best Payout casinos games
The highest paying online casinos are powered by top rated casino software like Playtech, Microgaming, NetEnt and others. These best Payout casinos offer great games and have the payout percentage, from the lowest house edge games like blackjack, video poker, roulette, craps, to the ones with the highest edge like specialty games and pokies.
Pokies have the reputation of being games with the highest house edge of all, which means lower payout percentage than other games. Nevertheless, the nature of these games compensates for that fact, because pokies can have the biggest jackpots of them all.
Card and table games are the ones you should go for more than pokies as they have better house edge and thus higher payout percentages, and you can affect the outcomes more using your playing skills like Jacks or Better, Blackjack Switch, French Roulette, Baccarat etc.
The occasional big winner is another sure sign of a high paying casino. However, it’s worth remembering that big wins, though an excellent sign in jackpot pokies, also skew the percentage payout figures.
Therefore choosing online casino is serious task with the vast volume of payout statistics floating around the web, and you need to either rely on reputed websites or do your own research to get to the best payout casinos. The reputed and legit online casinos have audits done monthly by independent experts like eCOGRA to monitor and publish via links in the footer of casino webpages, and reflect the percentage of player wagers returned as winnings during the period.
Here we have taken all measures by testing ourselves and by latest research bringing you the following best payout casinos exclusively for New Zealand players to enjoy.