Payouts in casinos

[Fortify]

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?

Many people seem to see the words "provably fair" and connect it with them being able to defeat the casino. All these non-skilled games have a house advantage built into them and this is factored in the the provably fair design - it will mean that out of 100 average plays of a game, 3 are guaranteed to be a house win and the remainder you might expect to be evenly proportioned between the player and casino if that is how the game is designed. It's a rather cunning way of tricking players who don't understand what the phrase really means within the context of gambling. In the highly competitive world of casinos, there is incentive to lower that ratio to appear more appealing to players and obviously the bigger the company the higher the profits so the rake can be lowered.

[Zackgeno96]

The term fair can also be interpreted in a number of ways as a player. You can honestly see in the technical picture that fair games are offered on the site and that the software meets all the conditions. But then you also have the humane honest side, and that is whether casinos pay out properly as they should. So you have two terms of honesty that you should put on the scale if you want to draw a conclusion about a particular casino.

[Viscore]

- 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.

If you gamble for pure profits, then researching which casino site gives better payout is certainly a must. However, if you only gamble for some kind of pleasure and maybe a bit of profiting, then researching is not that really a must. We all know that in casinos, that house will always win, so regardless if the payout is higher than the other casinos, you won't still benefit it because its hard to win in gambling when all you prefer to play are those luck based games.

[ralle14]

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).

I'd say it's a fact, when you check the original games from some of the popular crypto casinos it's usually lower than the third party providers as it'll encourage gamblers to play their game knowing they'd get a better payout but others still prefer to play on third-party providers since they usually release a bunch of new games every week or month. If casinos get greedy then it could backfire as gamblers like to compare crypto casinos and from the gambler's perspective, you're better off looking for the highest RTP possible.

[Nrcewker]

Are all the above mentioned sites crypto based? Or they only accept FIAT ?
You are travelling from another country OP? So the casinos don’t have any problem if you join their local casinos?
Also regarding the payout scale, I guess it depends on how often or how fast the casino have processed the withdrawal of the players.
Sometimes many casinos block or delay the players withdraw by citing extra verifications, so yes I guess the site has made comparisons based on these.
I would suggest before playing on any site do a good research and then only invest your money.

[Wexnident]

I guess it boils down ultimately to the capabilities of the casino? They're able to give out higher payouts to players depending on the current state of the casino itself, taking into consideration factors such as player count, staff, financial situation, fees, etc.


I don't particularly concern myself with it tbf, I just mostly play on reputable sites in the first place.

[iv4n]

Fast and secure payouts make for a great all-round online casino experience. Stick to regulated sites with a trusted reputation for delivering on both the top online casino payouts and a fantastic virtual games floor and you'll be in good shape.

Top recommended casino payouts need 2 days for withdrawals... For those of us who gamble with crypto, this is a long one, isn't it? Why wait two days when it can be instant?

...
I don't particularly concern myself with it tbf, I just mostly play on reputable sites in the first place.

Well, most of us do the same, we choose reputable casinos, and without worries we make deposits/withdraws... too much thinking can ruin the fun!

[ethereumhunter]

Fast and secure payouts make for a great all-round online casino experience. Stick to regulated sites with a trusted reputation for delivering on both the top online casino payouts and a fantastic virtual games floor and you'll be in good shape.

Top recommended casino payouts need 2 days for withdrawals... For those of us who gamble with crypto, this is a long one, isn't it? Why wait two days when it can be instant?

We as crypto gamblers, are very grateful for the fast withdrawal facilities available in many crypto casinos so there is no need to experience long withdrawals to get to our accounts. And if crypto casinos continue to grow, more fiat gamblers may turn to crypto casinos because they can see the advantages that crypto casinos provide.

...
I don't particularly concern myself with it tbf, I just mostly play on reputable sites in the first place.

Well, most of us do the same, we choose reputable casinos, and without worries we make deposits/withdraws... too much thinking can ruin the fun!

Playing at a reputable crypto casino will make us feel calm because they will definitely serve their customers well to make them feel at home. In addition, crypto casinos have various gambling games that can make us feel comfortable at the crypto casino.

[ralle14]

Are all the above mentioned sites crypto based? Or they only accept FIAT ?

I'd assume they're accepting fiat since the recommended casinos that were mentioned on the link were all showing fiat deposit options.

Top recommended casino payouts need 2 days for withdrawals... For those of us who gamble with crypto, this is a long one, isn't it? Why wait two days when it can be instant?

I agree, most payouts from crypto casinos usually take seconds, back then I experienced waiting for at least 24 hours since they were processing most of their withdrawals manually but most casinos now have been processing withdrawals automatically.

[Fundamentals Of]

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

It's provably fair, not probably fair. Provably fair means its fairness can be proven. There's sufficient proof that backs up the fairness of the game. If you say probably fair, then it simply means it might be fair or it's more likely to be fair, which means fairness is not certain.

Just a point as I've read some users confusing between the two as if they're interchangeable.
 
As to payouts, I think casinos have the freedom to determine it. There are regulations of course but I don't think there's a straightforward requirement as to the specific amount or percentage. But competition is probably enough for casinos to offer good payout rates.

[traderethereum]

I don't need to research payouts before playing because I don't think the difference is that big and as long as each casino is a trusted casino, I don't think it will be a problem.
I thought that if I had to search or research about payouts before playing, it would be a waste of my time in gambling because I would have to give more time to find the casino.
But if someone does it, I think it's normal because finding the casino we want is a must where we will play in that casino later.

[gunhell16]

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?

In my experience as a gambler, I don't think I should research the casinos payouts first, as long as I just play and when my winnings in the games have accumulated a lot, then I will decide to release it on from casinos of no research to do with this kind of what you are saying research on payouts.

[Reid]

Do small bet gamblers have to research about this too?
I mean, I have never checked about payouts before, until now. It never crossed my mind that there will be something fishy that will happen inside the casino or with their machines.
What if it's a physical casino? Will they even honestly input the right number in their website? (if they have one)
Could we ask the staff about this "payout scale" or "payout percentage" but will they answer us right?
I don't think gamblers will care too much about it.

[passwordnow]

I'm also confused and didn't have researched about this topic and just like the others who were thinking what it is exactly. I thought that it's all about withdrawals and stuff since it's payout but the term that is used probably isn't on that particular topic that I've said.
But if it's the actual withdrawal and related to it, each casino has their own structure on how much is the limit that they would allow for their customers and that's why we see some levels from the others.

[Wakate]

This post just enlightened me on checking payout before using a particular casino. In my region, I don't always have problem with payout because most of the casino here are easy to play with much problem. Payout is another factor we need to look at because different casino do have different payout. We need to do more research on this so we can get the kind of offer we are really interested in so we will not end up complaining at the end.

[rahmad2nd]

- Have you ever considered researching about payouts before playing?

I don't have much new knowledge of playing in land-based casinos in the last decade due to the gambling laws which have made it illegal in my country. however for online casinos I don't really care or research specifically for payouts before playing. what I pay attention to is usually only RTP because each slot game will be different, as far as I know usually the highest RTP reaches 90% or 99%. I don't think there is a big difference in online casinos when it comes to payouts.

[Hamza2424]

Payouts in casinos are pretty decent but bro I'm curious about that Casinos are not Good so I'm trying avoid the signature of the Casino by finding a decent signature, on the end of the day the casinos always wins but if you are lucky enough then may be you can be in profit at the end of time. Measure says that Casinos can be legal if we make some changes in them as the system of casino betting changing rules of games.

[virasisog]

I'm also confused and didn't have researched about this topic and just like the others who were thinking what it is exactly. I thought that it's all about withdrawals and stuff since it's payout but the term that is used probably isn't on that particular topic that I've said.
But if it's the actual withdrawal and related to it, each casino has their own structure on how much is the limit that they would allow for their customers and that's why we see some levels from the others.

I honestly thought of the same thing. I thought it was about the withdrawal system of casino sites. However, in my own view, each country has different casino preferences but I don't think researching about their paying scale matters. As long as a particular reputable casino site is providing a good service, the payout scale isn't something that we should look up to.

[seoincorporation]

...
- Have you ever considered researching about payouts before playing?

In my experience as a gambler, I don't think I should research the casinos payouts first, as long as I just play and when my winnings in the games have accumulated a lot, then I will decide to release it on from casinos of no research to do with this kind of what you are saying research on payouts.

From my point of view is really important to research about the payouts before placing any bets because with slots you can hit the jackpot and if you win a huge amount is important to be sure that you will be able to claim that money.

As a good example you can see this thread where a user win $170k, and he get in some troubles with the withdraw:
https://bitcointalk.org/index.php?topic=5404614.0

The casino rules say:

11.5. If you win $10,000 or more, we reserve the right to pay a maximum of up to $10,000 per week and $ 20,000 per month until the full amount is settled.

So, op on that thread will have to wait almost 1 year to get all his money...

[cryptomaniac_xxx]

This is probably more applicable to online casinos though. As far as I can recall, traditional based casinos always pay in full even if you will hit the jackpot. They will even offer you a good stay in the hotel so that you can feel safe when you received your money. But the thing is, if you are greedy you will continue to play because of the services that they are offering their jackpot winners, so it's also comparable to a trap that you don't want to go home but instead play that money again and again until you lose everything to them.