The Cash Out Process (and Why You Should Care)
The payout percentage is based on an average of all the money the casino is paying out and not the amount they pay out on each game. It doesn't matter if the online casino payout percentages are really high at the US site you're playing at if it takes ages to actually collect the winnings you're owed.
If a site manages to pay out quickly, it's a good indicator that the site is well managed and reputable because it shows a good amount of respect for players but also demonstrates that they know what they're doing.
It's no wonder that the casinos with the best payouts are usually the most popular ones. If you find yourself waiting for ages and not getting the best payout speeds, then it might be time to make a move to another gambling site.
That's because slow payouts are often an indicator that a company is struggling to make a profit and could possibly be facing financial difficulty. If you're even vaguely interested in winning, the best indicator of how often that happens on a particular site is to look at the total they've paid out.
If it's low, chances are you might not be onto a bigger winner there. While it's great to feel settled at a certain online casino or when playing a certain game, you need to be willing to move onto something new, especially if that somewhere comes complete with a bumper payout percentage.
In many ways, the same actually applies to games as well. From the tables to the reels you're going to find that the RTP percentages have the potential to swing wildly. Speaking about slot games, Goblin's Cave from Playtech has a sky-high RTP stands for Return to Player percentage, with the term being used to describe the payout power of any particular online slots game.
Set by the game provider, the percentage relates to the percentage of money wagered on a game against the amount paid back to players over a certain period of time. This average percentage figure is calculated across at least 1, plays, with it presenting an indicator of how much of a return a player could expect to see from a slot game over the long-term.
Here's a quick RTP example using one of the games above as an example:. Making a withdrawal from an online casino is easy; especially as most casinos do all that they can to keep the process as fuss-free as possible. If you need an extra helping hand when it comes to making your first withdrawal, here is a quick step-by-step guide:. Different casinos offer different ways of withdrawing your online gambling payouts.
The most popular methods you're likely to see are:. This is one of the most widely used gambling payouts options, largely as because it is so widely available and anyone with a bank account can deposit a check. The downside of withdrawing via check in the USA is not the fastest and it can take up to two weeks for the check to arrive at your front door. Plus, even when it does you still have to take it to the bank and wait patiently until it clears into your account. This is a great method for security.
Wire transfers can take up to two days to deposit funds in your bank account, but they are very reliable and highly regarded among the best payouts. As long as you don't need the money instantly, wire transfers are one of the most solid online gambling payout methods. When it comes to getting the fastest and best payouts, the eWallet is the way to go.
It's an electronic payment method that takes the stress out of transferring money online. Some of the big names like Skrill, Neteller, and PayPal charge small fees on transactions though, so if you're transferring a lot of winnings this might not be the best online casino payouts option for you. You gamble online in order to win money, so for all of the fun and fancy that casino games can provide, walking away with cold hard cash is always going to be the goal.
With jackpots and payouts being in high demand, no player can ever discount the importance of high payout percentages and fast payout times. If you've taken in all of the above, you'll now have an understanding of payout percentages, along with what exactly the best payout casinos are bringing to the table! Different casinos offer different versions of casino games that are made by different software companies, as such the payouts on each slot machine might not necessarily be the same from site to site.
You can always check what the payouts of any game are in the game's rules section or on the pay table page of slots games. However, you can be sure that all of our recommended sites offer payout times of only a few days.
To get the quickest payouts, make sure you play at an online casino that offers market-leading payment methods like Visa, MasterCard, Debit Card, PayPal, or eWallets, like Neteller and Skrill. A payout percentage is the amount of cash an online casino pays back to its players. The payment method you use to deposit and withdraw cash from your casino account won't affect the chances of you winning, but it will make a difference to how fast your winnings will be transferred to your bank account.
The best method to use for instant withdrawals is an eWallet. This blinding speed of withdrawal is the standard to which other sportsbooks aspire. They do not offer bank wire at this time due to the long waits and high fees for their customers. However, these take up to 15 business days to receive. GTbets will process your withdrawal and send you your winnings in Bitcoin within a 24 hours period. Bank wire only takes 12 business days over at GTbets, which is significantly less than the industry standard.
Contact your gambling site. Their customer service department is meant to help. They will be happy to assist you and walk you through the whole process. There are no bad actors on this list; none of these sportsbooks are going to act dishonestly. They are legitimate betting sites that have been in operation for many years, some in excess of 20 years online.
They want to make sure that they set realistic and accurate expectations for their clients, and not leave them guessing. Customer service responses take longer than 24 hours — No matter the request you should expect a reponse within 24 hours from a sportsbook.
The reality is payment issues do crop up at all sportsbooks from time to time. If you ever get a reply about a sportbsook not being able to process Bitcoin withdrawals within a one week maximum, the jig is up.
Sportsbooks tout Bitcoin deposits as quick and easy, there is no reason withdrawals should be any different.