Payouts in casinos

[fiulpro]

So I was travelling to Switzerland and decided to browse for the best paying casinos, these are the few that I found:

1. Casino777
2. 7Melons
3. Jackpots

The site that I referred to is here : https://www.casino.org/payouts/

Now the question is: ' Even though most casinos are probably fair how come some casinos have a better payout scale?'
 
I do understand that the machines in most casinos have to work according to the requirements met by the country or the state but at the same time they also have to make the payouts profitable since no government will ask them to manage how much money they be giving their players. So is it highly personal ?

I would like to encourage you all to research regarding the best payouts from the casinos near you.

- Have you ever considered researching about payouts before playing?

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[Welsh]

Now the question is: ' Even though most casinos are probably fair how come some casinos have a better payout scale?'
 
I do understand that the machines in most casinos have to work according to the requirements met by the country or the state but at the same time they also have to make the payouts profitable since no government will ask them to manage how much money they be giving their players. So is it highly personal ?

Staff. If they are manually approving bets, then it's going to be a logistic problem if they don't have enough staff. Newer casinos or betting websites aren't going to have the funds to have as many staff a the big dogs. Same as the maximum payout is usually widely different depending on the company you go with. Some have a little leeway because of the vast amount of volume, then others have to put a strict limit on it due to not having the funds.

It all comes down to logistics. Some states or countries might actually require them to perform additional checks, like where the money came from, if it was laundered etc. There's a ton of things they need to comply with, as well as checking the location of the user, if they're using a VPN, which are usually not allowed on these types of sites due to the legal issues.

Bitcoin gambling websites are a little different, and currently sit in the grey area, I do expect over the coming years things will get a little more tighter.

[Kasabus]

To be honest, I don't understand the meaning of payouts, I have to do some research so I could get some idea.

here are the Top 10 Best Payout Casinos;
https://ftnnews.com/other-news/42537-ranking-of-the-best-casinos-with-the-highest-payouts

I honestly thought that payouts is what a gambling site would return every time our bet wins.
Can anymore explain it in a detailed manner and give some example using the popular crypto casinos here?

[swogerino]

So I was travelling to Switzerland and decided to browse for the best paying casinos, these are the few that I found:

1. Casino777
2. 7Melons
3. Jackpots

The site that I referred to is here : https://www.casino.org/payouts/

Now the question is: ' Even though most casinos are probably fair how come some casinos have a better payout scale?'
 
I do understand that the machines in most casinos have to work according to the requirements met by the country or the state but at the same time they also have to make the payouts profitable since no government will ask them to manage how much money they be giving their players. So is it highly personal ?

I would like to encourage you all to research regarding the best payouts from the casinos near you.

- Have you ever considered researching about payouts before playing?

I have always believed the slot provider,since I entirely or better almost entirely play at Play n Go provider which provides slot only online I like and have experienced first hand that the payouts are the same,in different casinos that I have played,as the casinos just link their website to the Play n Go server and Play n Go server has already made an arrangement with the company as to what the RTP over time will be.

For land line casinos or offline one how we call them often,I have had quite some bad experiences,where I am located the law says that the minimum RTP to player should be 86% but since I work as an IT and have inspected the Apex slot machines based on Redhat Linux OS,I have found the other technician had let it at a RTP of less than 50% which I was shocked.That is why I don't like offline casinos in which slot machines can be manipulated much more easily than online ones.

[MAAManda]

I don't understand what you are saying as Payout, do you mean %RTP? Each casino has its own style in their machines (online or offline), AFAIK the casino never loses, because the money circulating there is entirely money from players, from there they get a percentage of every game that players make. This is where %RTP works, there will be times when players lose and there are times when players win in their bets.

Is my opinion in line with our discussion? please provide clarification regarding what Payout you mean.

[Text]

When I visited that site, these are the top 3 recommended payout casinos that came out here in the Philippines. I wonder what was the basis for this because I am not familiar with these gambling sites.

1.) 22BetCasino (Supports Bitcoin? No!)
2.) 20BetCasino (Supports Bitcoin? Yes!)
3.) CasinoRoom (Unreachable)

It is right to consider finding out if casinos are paying before playing and placing bets on them, that is one of the important responsibilities of the gambler. If there is no problem on releasing of money won on them and what are its conditions.

[Boristhecat]

So I was travelling to Switzerland and decided to browse for the best paying casinos, these are the few that I found:

1. Casino777
2. 7Melons
3. Jackpots

The site that I referred to is here : https://www.casino.org/payouts/

Now the question is: ' Even though most casinos are probably fair how come some casinos have a better payout scale?'
 
I do understand that the machines in most casinos have to work according to the requirements met by the country or the state but at the same time they also have to make the payouts profitable since no government will ask them to manage how much money they be giving their players. So is it highly personal ?

I would like to encourage you all to research regarding the best payouts from the casinos near you.

- Have you ever considered researching about payouts before playing?

I know that in some countries casino payouts are regulated by law (there is a certain minimum value below which the casino is not allowed to fall), but I cannot give any advice since I play online all the time. If I want to play the game with the maximum payout, then I will choose dice - on almost every platform, the payout is 99% (the house edge is 1%). But mostly I make sports bets, although there the house edge is usually 5-6%.

[YOSHIE]

As far as I know the online casinos that offer the best payouts, usually I always pay attention to the RTP or the percentage of the payout figures for each casino game, In my understanding, RTP varies for each game, it can be said that it depends on the type of slot game on the gambling site.

I have never tried on the online casino site you show below.

So I was travelling to Switzerland and decided to browse for the best paying casinos, these are the few that I found:

1. Casino777
2. 7Melons
3. Jackpots

If may i know what is the prize percentage or payout rate for each slot game, for example i bet $100, do they pay up to 98% or less than -98%, and do you win the slot games you play in Switzerland.

[ralle14]

- Have you ever considered researching about payouts before playing?

Even though it's nice to play in a casino with higher payouts you can easily spot them as casinos usually mention the house edge of their game. Sometimes the experience feels better when you're playing in a casino that offers some type of bonus but their payout is slightly lower than their competitors.

Isn't it based on the games they offer? nowadays most casinos offer games coming from different software providers and usually, these games have their own different RTP which can slowly reduce the overall RTP of the casino.

[johhnyUA]

So is it highly personal ?

I think this is about marketing and creating a name.
There too much competition in gambling market right now, so better payouts it's important argument for many players.

- Have you ever considered researching about payouts before playing?

For honest - no.
The only thing I'm looking at is proofs of provably fair algorythm, nothing more.

[Doell]

-
Now the question is: ' Even though most casinos are probably fair how come some casinos have a better payout scale?'
- Have you ever considered researching about payouts before playing?

I think it maybe depends on how much capital the casino, so maybe that's casino payout is better than other casino. I see at the site you are referring to, most of the player favorite site reviews with prize details highlighted. Also better payouts are just ads to attract a new gamblers.
-If it's a new casino maybe I'll research it before playing, but if it's a long time running casino and then also trusted, then no doubt I'll start playing.

[Rruchi man]

So I was travelling to Switzerland and decided to browse for the best paying casinos,

I wonder what could have prompted you to do the search with the key word "best paying" OP, did you hear about someone's sad story about not being paid or not paid quickly by a casino after a win?

Now the question is: ' Even though most casinos are probably fair how come some casinos have a better payout scale?'

There are many stories on the internet about how some casinos deny or delay payment to winners especially those who win huge sums, I think finding out to know the best casino with a good payout scale is key to ensuring that should you get lucky and win, your payment will not be delayed or denied for one silly excuse or the other.

I would like to encourage you all to research regarding the best payouts from the casinos near you.

I think it is important to learn from peoples experience as regards payout from casino's than having a firsthand experience, finding out the casino with the best payout scale is nipping a situation that may probably occur if you win big "in the bud".

[BitcoinPanther]

- Have you ever considered researching about payouts before playing?

No, I did not do any research on every casino payout, I am a bit lazy in doing that so I just deposited and play the game that I wanted.  Though I know it is essential to know which casino has the higher payout either withdrawal limit, or RTP % of a game,  I just don't bother since my purpose is to check out the game for entertainment and not for profit.  So basically, I am into losing terms when I deposit an amount to a Casino.

[uneng]

Payouts rates are ranging from 98,48% to 96,73%. That is not a big difference between the highest to the lowest payout rate on this list. There is a button there to check more 90 casinos payouts, but when I click it, the page just refreshes or redirects to the same page containing top 10 only.

I guess the slight difference between them is due to gamblers' luck at the present time, but it doesn't mean one casino is better than another for this reason. Maybe it's just a temporary scenario and a casino with 97% payout today will hit 98% tomorrow, and a currently one at 98% range may decrease to 97% or 96% after a while.

[Hydrogen]

Bigger and more established casinos can afford to reduce payouts.

While smaller and less established venues may raise payouts in an effort to entice new customers and grow their brand.

Not all slots and roulette machines are built identical. They have their own quirks. Some machines may payout more often. Which will necessitate a lower reward.

Casinos are run differently. Those with a physical location might have a higher upkeep and overhead. Which could reduce payouts. While casinos with an internet only presence may offer higher payouts due to not needing to cover the real estate lease.

There are many different variables in play. All of which gamblers can make work for them.

[Mauser]

- Have you ever considered researching about payouts before playing?

Yes I think about payout ratios from casinos from time to time and try to so some research on it. The problem for me is that casinos offer a wide range of games that have different payouts. For example, I see one casino that has really high RTP numbers for slot games, but then another casino offers better payouts at their black jack and roulette tables. If there was one casino who has the best rates for all games it would be optimal, but I couldn't find it. Also payout ratios are not everything to consider how profitable a casino is for us. If a casino runs special promotions for its regular customers we should also consider that.  A 100 or 200% deposit bonus is huge for example. Especially when it comes to poker these promotions can be quite big. Comparing rake across different casinos is important, but a casino like GGpoker offers a free sitngo voucher every day worth 0.25 to $1. That adds up to a lot of you okay regularly eventhough there are other casinos which are cheaper.

[Zilon]

Payouts percentage/scale varies amongst casinos not because of any government intervention but based on how long they have existed and how desperate they are to get newer customers. When a casino has good customer base they tend to maintain an average payout rate but for newer casinos they will want to entice gamblers with Bonuses and high payouts.

But the difference between both casinos are not always much in most cases sometime the difference doesn't exceed 2-5% between both the new and already existing casino

[Kakmakr]

Just to make sure that everyone are talking about the same thing here....

OP, when you are talking about the "Payout percentage" .....are you referring to the RTP (Return to Player)? If you are referring to the actual RTP, then this are more or less determined by the 3rd party game providers. They do give some options to the casinos to choose what RTP they want to apply, but the options are limited and linked to the specific game being played.

Some casinos have their own "original" games ....and they determine the RTP for those games. The RTP is better for the players on the original games, because the casino does not have to share the profits with a 3rd party provider. 

[Boristhecat]

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Some casinos have their own "original" games ....and they determine the RTP for those games. The RTP is better for the players on the original games, because the casino does not have to share the profits with a 3rd party provider. 

An interesting point of view. But is this speculation or fact? In my opinion, the casino can be greedy and set an RTP in their original game that will be even higher than in the game provided by the game providers. Well, or set an RTP that will not differ from the final RTP of the game from the provider (provider's share + casino's share).

[savetheFORUM]

An interesting point of view. But is this speculation or fact? In my opinion, the casino can be greedy and set an RTP in their original game that will be even higher than in the game provided by the game providers. Well, or set an RTP that will not differ from the final RTP of the game from the provider (provider's share + casino's share).

Indeed interesting. I think this wasn't a speculation because he seems confident when he said that. Im thankful that I've been playing only on the original games offered by a casino although the results I got are mostly the same, I still rarely win and if I win, it was only small. That's because the multipliers offered on the original games are lower than those on what I saw on games offered by a gaming provider. The only downside is that their minimum bet is high. This is one of the reasons why I avoid them. If we trust the casino then there is no need to doubt that they will do some shady things.

Now the question is: ' Even though most casinos are probably fair how come some casinos have a better payout scale?'
 
I do understand that the machines in most casinos have to work according to the requirements met by the country or the state but at the same time they also have to make the payouts profitable since no government will ask them to manage how much money they be giving their players. So is it highly personal ?
 
- Have you ever considered researching about payouts before playing?

If this was a real life casino then they must be using a different system, not provably fair because I think provably fair are only for crypto casinos. They need to make the payout profitable because that will attract gamblers and yes it's a personal matter. Government has nothing to do with that. Before I play? The first thing I do is to check the reputation of the casino but I don't usually research about the payout of a game before I play them.