Best payout casinos

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    You might have heard about ‘payout’, ‘RTP’, and other similar terms and wondered what that even means. In the online casino lingo, payout usually refers to the portion that is paid out to the players. In this guide, we will be looking at some of the best payout casinos UK, what payout is, why it matters, and more. 

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    What is a casino’s payout? 

    An online casino’s payout (expressed in percentage) refers to the total amount of winnings paid out to players compared to the total amount wagered over a set period of time. The payout percentage is also used interchangeably with ‘RTP’, which is short for Return to Player. 

    casino payout

    For example, if ABC Casino is said to have a 96% payout, it means for every £100 you wager, the casino gives you £97 back in winnings. So, the higher the payout rate, the more the likelihood of players winning in the long run.

    While this is the definition of payout percentage, a casino’s payout percentage reflects an average across all games and players. The payout rate is just to give you a general idea, and your personal experience can be very different. You might have a lucky streak and win more than the average, or you might experience losses. Because, at the end of the day, gambling depends a lot on luck. 

    Why does the payout of a casino matter?

    So here’s the million-dollar question – why does a casino’s payout matter?

    To start with, the payout percentages give you an idea of the potential return players can expect from their wagers. In addition, here are some of the reasons why it’s important to know a casino’s payout –

    • High potential returns: As mentioned, a casino with a higher payout rate is likely to return more money wagered to players as winnings (theoretically). 
    • Value for money: Better payouts mean better value for your money. With a high payout rate, you have the potential for greater returns and a more rewarding gaming experience.
    • Potentially more wins: A casino with a high payout rate suggests that the casino has a greater concentration of games with favourable RTPs. However, note that the individual game outcomes are still subject to chance.

    To make the most of your gaming sessions, combine smart choices with responsible habits. While games with higher payout rates can boost your winning potential, remember to limit your spending and time to ensure a fun and enjoyable experience.

    How is payout calculated?

    Now that we’re familiar with the concept of a casino’s payout rate and why it is important, let’s understand how it’s calculated. 

    We calculate the RTP by dividing the total amount of money won by players by the total amount of money wagered over a specific period. Here’s what the formula would look like –

    Casino’s Payout Rate = Total Winnings / Total Money Wagered

    For instance, if a casino pays out £96 for every £100 you wager, the payout rate would be 96%. Note that this 96% takes into account all the casino games (slots, live dealer games, etc.) that the casino offers. 

    It’s important to note that the payout rate is an average that’s calculated over a long period of time. This means it takes into account millions of wagers placed by all players. Due to this, even if a casino’s payout rate is high, your individual experience may differ. Some players may win more while others may not. 

    Factors affecting casino payouts 

    As mentioned, casino payout rates are affected by luck and a few more things. In this section, we will quickly explain some things that affect a casino’s payout rate –

    • Game RTPs: Different casino games have varying payout rates, which impacts your overall chances of winning. Slots with high RTP, table games with favourable odds, as well as live casino games with good payouts will affect the casino’s payout rate. 
    • Casino bonuses: As bonuses give you extra funds to play with, you get additional chances of winning. To determine whether a bonus can benefit you or not, read the T&Cs to understand how it works. 
    • House edge: The house edge is the mathematical advantage the casino holds in each game. It ensures the casino’s profitability over the long run. This is why games with a lower house edge generally offer better payout rates for players.

    Best payout online casinos in the UK

    Now that we are quite familiar with what payout is and why it’s important, let’s look at some of the best payout casinos in UK. 

    CasinoWelcome bonusCheck it out
    MrQ30 Free Spins on first deposit of £10Visit MrQ
    Pub Casino100% deposit match up to £100Visit Pub Casino
    All British Casino10 Free Spins Visit All British
    Neptune Play100% Match Up Bonus up to €100Visit Neptune Play
    Winomania100 free spinsVisit Winomania

    Our team at Platin Casino UK has reviewed more casinos than the ones listed above. You can check out all our casino reviews and choose the one that suits you the best. 

    What to look for in a high payout casino? 

    Here’s what to look for in a casino that gives good payouts –

    • License: You should go for a casino that is licensed and regulated by the UK Gambling Commission (UKGC). This assures you that the casino adheres to strict regulations and provides a fair gaming experience.
    • Game payout rates: As we know, casino games have their own RTP rate. Look for casinos offering a wide variety of games with high RTPs, particularly in the categories you prefer, such as online slots, table games, or live dealer games.
    • Bonuses and promotions: As discussed earlier, a casino bonus gives you additional funds to play, and this affects the payout (tilting it in your favour). So before you sign up, check whether the casino has sufficient bonuses to offer. 
    • Available banking options: For convenience, you should look for a casino that offers multiple payment options, including debit cards, e-wallets, prepaid cards, and others. Further, also look at the withdrawal options and the fees associated with them. Some casinos charge fees for certain methods, which can impact your overall payout
    • Mobile compatibility: If you like gaming on the go, then ensure that the casino site is well-optimised for mobile use or offers mobile apps
    • Customer support: Make sure that the casino offers support in multiple ways. Usually, most casinos offer support via live chat and email. Make sure that the team is responsive and helpful. 

    There’s a lot more to choosing a casino than the points mentioned above. You can check out our 12-step casino evaluation criteria for more details. 

    Tips for maximising casino payouts

    We asked our team to give us some tips on how you can make the most of your gaming sessions and get good payouts. And here’s what they had to say – 

    • Choose games with high RTP: To improve your chances of winning, go for games with higher Return to Player (RTP) percentages. 
    • Use bonuses to your advantage: Casino bonuses can be a great way to boost your bankroll, as long as the terms and conditions of the bonus are favourable. Look for bonuses with no wagering requirements or low playthrough requirements, allowing you to withdraw winnings more easily.
    • Manage your bankroll: The first step to an enjoyable casino experience is to set a budget and stick to it whether you’re winning or losing. 
    • Learn game strategies: You are more likely to win at a game that you know well. For instance, if you know how to play blackjack, you can learn strategies and implement them to increase your chances of winning. 

    Conclusion

    To sum up, the payout rate of a casino depends on the casino games that it offers. A higher payout theoretically means that players would get better returns on their wagers. That being said, picking a high payout casino involves more than just looking at advertised rates. Go for a casino that is licensed, offers regular bonuses, and has a lot of games to offer. Further, make sure that the casino accepts multiple payment options and speedy customer support. 

    FAQs

    What is the best payout rate at a UK online casino?

    As mentioned in our guide, some of the online casinos that cater to the UK offer a payout rate that can range between 96% and 98%.

    Where can I find casinos in the UK with the best payout?

    At Platin Casino UK, we keep reviewing casinos and updating lists regularly. You can find recommendations for the best payout casinos in our guides.

    What payment methods can you use at casinos with the highest payouts?

    Most online casinos in the UK offer standard payment methods like debit cards, e-wallets, prepaid cards, and even crypto.

    What table games have the best payouts?

    Table games like blackjack, baccarat, and craps have a low house edge, so they’re likely to give better returns to players.

    What slot games have the best payouts?

    There are a lot of online slots that offer an RTP of over 96%. Some of the best examples include Mega Joker, Starburst, and more.