Top Payout Casinos in Australia

Jaqueline Quintero
Written byWritten by:Jaqueline Quintero

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Jaqueline Quintero

Biography

Jaqueline Quintero, a seasoned online casino writer, brings her wealth of experience to the world of online gambling. With a fresh perspective on the iGaming industry, she consistently delivers exceptional and exclusive content for Betsquare.


 

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Simon Young
Reviewed byReviewed by:Simon Young

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Simon Young

Biography

Simon Young, a former national news editor and journalist, once held the prestigious position of Lead Editor at PokerStars before focusing his editorial talents on Betsquare. His illustrious career journey seamlessly bridges the realms of journalism and online gambling, crafting a unique narrative of expertise and innovation.


 

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Updated on:

Mar 12, 2024, 6:02 pm

Introduction:

When it comes to gambling online, players want to know that they will get the best possible return on their investment. That’s why it’s essential to choose the highest payout online casino. Luckily, there are plenty of great options available for Australian gamblers.

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Top Payout Online Casinos Australia – March 2024

1. FortunePlay

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2. John Vegas

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  • Rated with 4,9 / 5
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3. Lucky7even

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4. Crownplay

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5. Spinch

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6. Slots Gallery

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7. Golden Crown

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9. Skycrown

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10. Boho Casino

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Fast payouts, the highest payout percentage, and the most lucrative online casino games like pokies online are all features of the best online casinos. You should only play at casinos that provide the biggest maximum payouts for these reasons.

There are several factors that contribute to the high payouts offered by Australian online casinos, but the primary reason is that competition among online casinos is extremely fierce. This forces them to offer higher payouts to attract and retain players. With so many top-quality online casinos now operating in Australia, there’s no need to settle for anything less than the best. This guide will help you figure out what to look for when looking for the best online casino in Australia.

Online Casinos with the Highest Payout Percentage

The casino payout percentage is the percentage of money paid out by the casino on winnings. It is important to note that this does not include the amount of money bet or lost but only the amount paid out in winnings.

The casino payout percentage varies from one casino to another, but generally speaking, the higher the payout percentage, the more favourable the odds are for the player. For example, if a casino has a payout percentage of 95%, that means that for every dollar wagered, 95 cents will be paid out in winnings. The remaining 5 cents will go to the casino as profit.

The casino payout percentage can vary from one casino to the next, and it is usually posted prominently on the website or in the lobby. Independent agencies audit payout percentages to ensure they are accurate, and they are typically very high at online casinos, often exceeding 97%. This means that players have more chance of winning at online casinos than their brick-and-mortar counterparts.

Understanding RTP

Return to player (RTP) is a term used in the gambling industry to describe the percentage of wagered money a casino game will pay back to the player over time.

It is important to note that RTP is a long-term average, not a guarantee. For example, a slot machine with an RTP of 97% will not necessarily payout 97% of the money wagered on it after each spin. However, over the course of thousands or even millions of spins, the machine will eventually bring in 3% less than what was put into it.

Other factors can also affect RTP, such as bonuses and promotions. But in general, the higher the RTP, the better off you are.

Understanding Casino Payout Percentages

Image displaying a payout

When searching for the best online casinos in Australia, one factor to consider is the site’s payout percentages. The finest casinos will always disclose payout rates and provide an RTP for both the entire casino and specific games. The percentages are a long-term measure of the game’s or casino’s performance. If the top Australian online casinos’ average payout is 90%, you can expect to win 90% of the money you spend over time.

Audited vs. Unaudited Percentages

Always look for sites that have been audited and offer the verified payout rate of all games and the overall casino RTP. You should see an icon denoting the company that completed the audit at the bottom of the page. iTech Labs, eCOGRA, or TST are the most common choices. Always wager at sites that routinely evaluate all supported titles to ensure you’re getting the most significant Australia online casino payouts.

If the casino isn’t audited, the figures are likely to be made up, and they could be withholding some of the payout percentages. So it’s always better to play at casino sites in Australia that an auditor has verified.

How are Percentages Audited?

Independent companies audit casino payout percentages. These businesses will test each game and play it for several sessions to find the right RTP. Game balance is also checked during audits.

These organizations verify the returns offered and check that the RNG is functioning correctly, ensuring that every player has a fair chance of winning when playing real money poker in Australia.

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Security and Licensing

When joining online gambling, it’s crucial to think about player safety. Always choose a website with a current and legitimate license from a reputable regulatory agency. Malta Gaming Authority and the UK online Gambling Commission are two licensing authorities to watch. This ensures that operational websites follow gambling rules while providing excellent security. Data security is also a benefit because the information is saved on a secure server.

Online Casino Games with the Highest Payout

Casino Games Australia displayed and cartoonized

A high payout casino’s payout percentage is a significant factor to consider. However, this is not the only factor to consider while selecting a real money casino. You should also select the highest-paying casino games. The following is a list of the casino games with the highest payouts:

1

Online Slots

Slot machines are among the most profitable casino games. There are numerous games to pick from, and depending on the slot you are playing, you could win a substantial sum. Typically you can expect a return of around 95-98% RTP on an online slot game. A few offer 99% or more, but they aren't the norm. Progressive jackpots can offer life-changing payouts, but typically, they are also lower in RTP.
2

Blackjack

Blackjack has to be the most popular table game in the world, and it's played in practically every casino. The reason for its popularity is that it offers good odds for the player, as long as they stick to some basic rules. An RTP of 99.5% or a house edge of just 0.5% is not unusual, making it one of the most lucrative games in the casino. However, it should be noted that there are many Blackjack variants available, and the odds are not necessarily as good on all of them.
3

Craps

This exciting dice is full of excitement and also offers good odds for the player. With an RTP that can go as high as 98.64% (or a house edge of 1.36%), it's one of the more rewarding games in the casino. Craps is more prevalent at land-based casinos due to its social aspect, but it's growing in popularity online.
4

Video Poker

All Aces is the best-paying video poker version, with a return of 99.92%. While All Aces is the top dog for payouts, the majority of video poker games still pay relatively highly. The best part is that you may significantly increase your chances by following an optimal video poker strategy.
5

Baccarat

This high-roller game is known for its glamour and offers some of the best odds in the casino. There are three types of bets in this game: banker, player, and tie, which makes it one of the most straightforward games to play. The RTP for baccarat is around 98.94% on the Banker's hand or a house edge of 1.06%. However, don't be too concerned about RTP or the house edge; playing casino games is meant to be fun, after all. Casino games such as Roulette might not have such high RTP, but you can still get lucky and walk away as a winner. So have fun and enjoy the games, but remember to keep these figures in mind as you play.

How to Cash Out with Top Payouts Online Casino

At a real money casino, requesting a payout is simple. The casinos provide an easy-to-follow step-by-step process for cashing out. The following is a step-by-step guide to requesting a withdrawal:

Allow time for it to reflect.
Send your request. Before your request is processed, some casinos may require you to submit supporting information.
Add the amount you’d want to withdraw.
To make the withdrawal, you must first select the payment method you want to utilize.
Make a withdrawal by going to the cashier website of your preferred casino.

Bonuses and Promotions at Australia's Best Online Casino

When comparing the best online casinos in Australia, keep an eye out for one that offers good bonuses and promotions. This will give you extra money to play with and could lead to some big wins. The top Australian casinos offer great bonuses and promotions, so be sure to take advantage of them.

Some of the best bonuses include a matched deposit bonus, where the casino will match your deposit amount, and a no-deposit bonus, where you can play for free with real money.

Casinos also offer regular promotions, such as free spins or bonus cash. Keep an eye on the promotions page to see what’s currently being offered. You may find some great deals that can help you boost your bankroll and increase your chances of winning.

To Sum It Up

We’ve come to the end of our guide to the top payout online casinos in Australia. We hope you’ve found this information helpful and that you now have a better idea of where to play to get the best possible returns. As you can see, there are a variety of factors to consider when choosing a casino, including the games offered, the withdrawal methods available, and the overall RTP. Remember, the house always has an edge, but you can overcome that edge and come out ahead with a bit of luck and smart play.

Our Review Process

At Betsquare.com, as a leading online casino affiliate website, we maintain robust sourcing standards. Our insights are derived from peer-reviewed studies, academic research institutions, and authoritative industry associations. We steer clear of tertiary references, ensuring the accuracy and reliability of our content. For a deeper understanding of our content verification processes, explore our editorial policy.

Our team of experts diligently monitors the online casino industry, ensuring our articles remain current and relevant by promptly incorporating the latest available information.
Current Version
Dec 7, 2022
Written By
Jaqueline Quintero
Factchecked By
Simon Young

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