Best Payout Online Casinos in Australia 2024

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Updated on: February 19th, 2024

Best Payout IconWhen picking a gambling site, you need to ensure you join the best payout online casino. If you’re a new online casino player, you may be unfamiliar with this concept.

Well, plainly stated, a best payout online casino is a site that posts high payout percentages monthly. Essentially, the idea is that the higher this percentage is, the more likely you are to earn yourself a payout.

If you’re looking for the best paying online casino in Australia, have a gander at Wolf Winner. With 99% in proven payouts, it’s our top choice.

Best Online Casinos that Payout in Australia

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Top 10 Online Casinos That Payout

Here is a list of the ten best paying online casinos in Australia:

1. Jackpot Jill – 98% RTP

Jackpot Jill is a new kid on the block, but it quickly became a best payout online casino. This casino website launched in 2021 and quickly became one of Australia’s best paying online casinos. These payout figures come with access to massive bonuses and a large library of casino games.

2. King Johnnie – 98% RTP

King Johnnie launched in 2020 and since then has grown to become a brand synonymous with fun, sleek attitudes, and big payouts! This fabulous casino made our list of best paying online casinos by regularly posting monthly payout percentages of 98%.

3. Cobra Casino – 98% RTP

Anyone who lives in Australia knows that you should stay away from snakes, but you may have to make an exception for Cobra Casino. The casino launched in 2020, and along with more than surpassing a great gambling site’s basic requirements, it regularly posts a payout percentage of 98%.

4. Wild Card City – 98% RTP

Wild Card City seems like a familiar face, but this Joker has many new tricks up his sleeve. One such trick is a payout percentage of 98%, which should be enough to win the heart of any player, let alone harlequin.

5. Woo Casino – 97.1% RTP

Woo Casino is another new casino that has managed to make a name for itself. Aside from its great library of games, it also posts a payout percentage that regularly averages around 97.1%.

What is a Best Payout Online Casino?

A casino website gets labelled a best-paying casino if it constantly posts high payout percentages. A payout percentage refers to how much a casino pays out about the amount the casino pays out in the same period.

That seems like a wall of words, right? So, here’s a formula that may help you visualise this concept:

best payout online casinos

For example, a best-paying casino may advertise that it has a payout percentage of 98%. This means that the casino pays out $98 for every $100 wagered.

It is important to note that payout percentages are averages. This does not mean that you will win $98 every time you bet. Or, you only risk losing $2 when you gamble.

However, even though this figure is only an average, it does not mean that there isn’t any benefit to joining casinos with higher percentages. Statistics suggest that on average more players win at higher payout casinos overall – but nothing is guaranteed.

Best Online Casinos that Payout vs Land-Based Casinos

One of the big selling points of playing online is that Australia’s best paying online casinos have massive payout percentages. Generally, percentages tend to hover around 95%, but they can exceed 100% sometimes. (Yes, this means that for that particular period, the casino ran at a loss, but percentages fluctuate, so they’ll recover it later.)

When you compare the payout percentages of online casinos to land-based establishments, you find the benefits of playing online. Your typical land-based casino (such as Crown or The Star) post percentages between 60% and 75%.

This means that statistically, you have a better chance of winning when you play online. And, there are actually reasons why casino sites can offer better payout percentages.

Mainly, it is due to land-based casinos having much bigger overheads than gambling sites. For example, an establishment like Crown Melbourne is an entertainment complex featuring restaurants, hotels, and conference rooms.

All the people running those facilities need to be paid, maintenance needs to be done, and floor space is required for games. This means that casinos cannot afford to be as lenient with their payout percentages to remain competitive.

Thus, you have a much greater chance of winning when you play at one of the best paying online casinos. And if not to win, why gamble?

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What are the Best Paying Online Casino Games?

If you want to increase your opportunities of winning, you need to play the best-paying casino games. Most beginner gamblers aren’t aware that each game provides players with different odds of winning.

Even playing a different variant of a single game could drastically affect your odds of winning. So, which games provide the best payout percentages?

Well, here is our list of the top 5 best paying online casino games:

1. Blackjack – 99% RTP

If you want the best chance of winning in a casino, you need to make your way to the blackjack table. The game has a high return-to-player percentage even if you don’t use a strategy or whatever variation you play. Some variations are better than others, though.

If you are smart and read up on the proper way to play blackjack, you’ll be able to reduce the house edge to 0%. If you try your hand at card counting, you may even be able to get it to a figure of -1% – meaning the house advantage is now in your favour.

2. Baccarat – 98.9% RTP

Baccarat has loads of bets available to players, but we recommend you stick to the basics: banker hand or player hand. Not only does the bet give you a 50% chance of winning a payout, but there is also an exploit you can use to ensure you win more often.

That is focusing more of your bets on the banker’s hand. Casino games are designed with providing the house with an edge. So, naturally, the banker wins more hands than the player. Thus, betting on the banker is more likely to lead to wins.

3. Craps – 98.39% RTP

Like most casino games, craps have a varying house edge that can either be very high or very low depending on what bets you make. We suggest you stick to pass/don’t pass line bets and come/don’t come bets because they offer a house edge as low as 1.41% or 0% when placed at the right time.

Although craps may seem like a difficult or confusing game, it is easy to learn how to play. We suggest that you take the time to find out how it works because you could add so much to your bankroll if you play it with the optimal strategy.

4. Roulette – 97.3% RTP

First, when you play roulette, you need to make sure you play the European variant. This is the best paying version of the game. The wheel has one less pocket, meaning that there are fewer probabilities to account for.

Players face a house edge of around 2.7%, and most online games have a payout percentage of around 97%. To provide yourself with the best odds of winning a bet, we recommend that you stick to outside bets – those which give you a 50/50 chance of winning.

5. Pokies – 97.5% RTP

As far as house edge and payouts, pokies can be the worst or best games to play. Each pokie game has its own RTP. Usually, you’ll see that these figures are high no matter what game you play. But it is important to note a big jackpot can sometimes cover the losses of many players.

Generally, RTP is not the only metric you need to look at when analysing pokies. It would help if you looked at volatility and variance, as well. Games with high volatility/variance are harder to win, whereas games with lower volatility/variance are easier to win. Pick the high payout pokies to work through online casino bonuses quicker.

That said, games with lower volatility have smaller jackpots. So, you’re looking at winning a couple of thousand dollars instead of millions, which will be a huge turnoff for some players.

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Disclaimer

At our casino affiliate website, our guides and reviews are meant for pure entertainment purposes. We do not endorse or encourage real-money gambling. Visitors should use this information responsibly and in accordance with their local laws. We take no responsibility for the content or practices of external websites linked to from our platform. It’s essential to exercise caution and conduct your research when interacting with other sites. Stay informed and enjoy your time on our website in a responsible and fun manner.

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