Choosing an online casino to join must consider more than the bonuses and games. You want to see which online casino pays out the most. If a casino only pays out every now and then, you're not likely to win much. You should take the payout percentages into consideration.
What is a Payout Percentage?
Every online casino tracks its payout percentage. This percentage takes the amount of money that players bet on the variety of casino game and divides it by the amount the casino pays out in prizes. For example, if the casino takes in an average of $500,000 and pays an average of $458,000 in prizes, the payout percentage is 91.6. This is actually a lousy payout percentage. You should aim for one with a payout percentage of at least 97 percent.
One thing to remember is that this percentage takes weeks and months into consideration. There will always be days when more prizes are paid out or fewer players place bets. It's an average tallied from a lot of data. If you enter the casino and place $100 in bets, you're not guaranteed to get 91.6 percent of your bet back that day.
We spent some time researching the payout percentages of several real money online casinos. Here's what we found.
Bovada
The payout percentages at Bovada Casino depend on the game. If you're playing video poker, you're looking at returns of 97 to 99 percent.
In addition to casino games, Bovada also has racebook and sportsbook options. This creates a comprehensive casino experience where you can bet on your favorite players or teams, pick a winning horse, or head to the casino. Bovada Poker is also popular.
New players earn bonuses of up to $250 for sportsbook, 100 percent for poker, or as much as $3,000 for the casino. If you deposit with Bitcoin, there's a $5,000 welcome bonus available.
Cafe Casino
The payout percentage at Cafe Casino tends to stay in the 97 percent range. It will fluctuate. The casino has hundreds of games you can play online or in the mobile casino. There are many jackpot games too.
Join Cafe Casino and you'll get a welcome bonus of 500 percent. That's up to $5,000 in free cash. You also get $100 when you refer friends and they sign up and make a deposit.
Ignition Casino
Ignition Casino is a U.S.-friendly casino that takes Bitcoin. It has a great selection of slots and other casino games. It's also home to a generous welcome bonus worth as much as $2,000.
When it comes to the payout percentage, you'll be delighted by some of the high returns. Games like Blackjack have a payout percentage of almost 99.5 percent. Even the video poker options aren't bad with an average return in the upper-98 percent range.
Liberty Slots Casino
Since 2011, players have flocked to Liberty Slots Casino. The casino has a solid selection of slots, table games, and video poker options. Depending on the game, you'll find the payout percentages fall into the range of 96 to just shy of 99 percent, depending on the games.
At Liberty Slots, players have a range of deposit methods, including Bitcoin, which makes them appealing. Video poker games tend to have higher payout percentages than games like Bingo Bucks. Join now and claim a deposit bonus worth 100 percent on your first three deposits.
Lincoln Casino
Lincoln Casino is a sister casino to Liberty Slots. The casino is known as having one of the best payout percentages of around 98.7 percent. Certain games do payout more than others, but it's considered a pretty lucky place to play.
When you sign up at Lincoln Casino, you get a deposit bonus on your first five deposits. That deposit bonus is worth up to $5,000. You can play online, on your mobile device, or via the free software download.
How Do You Pick Where to Play?
These are just a small handful of online casinos. They do tend to have the best payout percentages, but it can change. When you're looking for an online casino with the best payout percentages, take time to look at the winner's list. Most casinos have them. See what games are regularly appearing. Play those games.
As you get used to checking the payouts, you'll develop a sense for picking the games and online casinos with the best payout percentages. Sign up for free and stick to a budget when you play the casino games. As long as you play smart, you're bound to win.