Highest Paying UK online casinos
December 27, 2021
Highest Paying Online UK Casinos
Online casinos are all over the Internet, yet not all of them are created equal. The differences between them are multiple, from the software they run on and games they offer to the banking methods and currencies they support and bonus offers they provide players with. One of the main differences between gambling sites is not that obvious though. It is an average payout percentage, a figure that represents a rate of players’ wagers paid back in winnings over a certain period.
In this article, we bring you a guide to the highest paying online UK casinos. Stay with us to learn more about an average payout percentage and how it can reflect on your overall gaming experience.
Highest Paying Online UK Casinos Explained
In the UK online gaming market, players are spoilt for choice. They can choose from hundreds of online casinos offering high-quality games from the leading software providers. Since playing casino games involves your hard-earned money, it is reasonable that you want the best value for the money you have invested. That’s why you should look out for gambling sites with the best payout rates.
As we have previously mentioned, unlike other properties of online casinos, a payout rate may not be that obvious. Although you can find percentages on gaming portals like ours, not every online casino will disclose this information. Those gambling sites that do typically provide their payout rate in the footer or via links with reports of independent auditors like eCOGRA. Anyways, it is possible to check an online casino’s average payout percentage, so there is no excuse for not doing it.
Things to Look Out For in Highest Paying Online UK Casinos
When we talk about the highest paying online casinos in the UK market, we talk about regulated and licensed operators with a high payout rate. Let’s take a closer look at all the things that make a good high payout online casino.
- Average Payout Percentage
You are probably familiar with an RTP in online slots, but what about an average casino payout rate? While an RTP of a casino game indicates how much it pays back theoretically in millions of rounds, a casino payout rate shows how much of the total amount of money wagered returns to players within a certain period.
The best UK online casinos are regularly tested by independent auditors like eCOGRA or GLI and attach monthly reports where players can find their payout rates. You will notice that most online casinos have an average payout percentage between 96% and 97%, so anything above it can be considered a high payout rate.
You should think of a casino payout rate as an average return based on all the money wagered at it on all games within a month. So, both life-changing amounts like progressive jackpots and losses contribute to it. Although this figure should not be taken for granted, since a high payout rate is not a guarantee that your visit to the casino will be fruitful, it may be a sign that an online casino is worth your time and money.
- Valid UK Online Gaming Licence
While most dodgy online casinos won’t disclose payout reports, a high payout rate should not be the only criteria that an online casino is a safe and fair gambling destination. What you should look out for before a payout percentage is a valid online gaming licence issued by the local regulator, which is the UK Gambling Commission.
Once you are sure that the gaming establishment is fully regulated and licensed, you should check whether it is audited for the fairness of games by reputable testing agencies, like the ones we have mentioned above. Those that are regularly tested will have links to monthly reports in the footer of the website.
- Best Software and Games
A high payout rate cannot compensate for a lack of top-notch games. So, the highest paying online UK casinos worth visiting should offer a full range of casino games provided by the biggest names in the industry. Luckily, most UKGC-licensed gambling sites are powered by the industry giants like NetEnt, Microgaming, Playtech, Yggdrasil, Play’n Go and more.
When choosing a casino game to play, you should take into consideration its RTP. Blackjack variants have a higher return to player than slots, yet you should be aware of the fact that this notion applies only when you play these games according to the optimal strategy. As for slots, an RTP of around 96% is considered the industry average.
- Most Rewarding Bonuses
If you play at online casinos, you are familiar with bonuses and promotions. Instead of describing all the forms they may come in, we would like to point out a few things you should be aware of when claiming an online casino bonus. The real value of a casino bonus is not in how much money you will get. On the contrary, it is in the money you need to give to turn your bonus into withdrawable cash.
The most rewarding bonuses carry no wagering requirements at all. So, instead of claiming hundreds of pounds where you need to wager thousands of pounds to turn the bonus into real money, it is better to get a set of no wagering free spins, for instance. Another good option would be to claim bonuses with low wagering requirements, set at 30x or 40x. Also, you should redeem those bonuses that come with no maximum cashout cap.
High payout casinos in the UK market typically offer rewarding loyalty schemes. If you make deposits and play casino games with real money regularly, you can advance up the VIP levels and benefit from various incentives, including bonuses with better terms and conditions.
- Fast Withdrawals with No Extra Fees
Have you ever won big and not been able to clear your winnings quickly? Well, it is probably one of the most frustrating things when playing casino games online. While at land-based casinos you get your winnings immediately, on gambling sites, you have to wait for your withdrawal request to be processed at least 24 hours.
The best high paying casinos in the UK market approve cashouts in a reasonable amount of time and allow you to get your funds swiftly through convenient banking methods. Needless to say, the operator should provide players with a wide array of withdrawal solutions so that they can choose the one that suits them best. Furthermore, deposits and cashouts should not incur fees charged by the operator. Also, the minimum and maximum withdrawal limits should be set at amounts that allow both penny punters and high rollers to clear their winnings.
- Reliable Customer Support
Even at the best online casinos, you may experience a problem regarding banking, payouts and so on. If any issue occurs, you should not hesitate to ask for help. A team of reliable customer support agents is a must for every gaming venue. They should be available 24/7 through various communication channels, including live chat, email and phone.
What Else You Should Keep in Mind?
No matter how high a casino payout rate may be, your success at casino games will depend on many factors. First of all, it will depend on luck since all casino games are based on luck. Yes, that’s right. Even if you opt for skill-based games, there will be an element governed by luck. However, these may be a better option than typical luck-based games as they still allow you to make moves that can affect the outcome of rounds. We are talking about games like Blackjack and Poker. Yet, before you start playing them, you must learn the ropes and a strategy that can help you beat them.
If you are into slot machines, which are games where everything comes down to sheer chance, you should choose those with a higher RTP. Again, a high RTP in slot machines does not mean that you will necessarily win while playing them, but it indicates that the game theoretically pays well. It is the same principle as with a casino payout percentage, that suggests that a gambling site is worth visiting.
When you play at the highest paying online UK casinos, you should take care of your budget and manage it properly, just like at any other casino. Make sure to set your bankroll along with win and loss limits and stick with them. If you get lucky and win a substantial amount that equals the win limit you have set, call it a day. It is of the utmost importance to know when to stop when on a losing streak as well. Chasing losses is the worst thing you can do for your budget.
In conclusion, to enjoy a rewarding gaming experience, you should choose reputable gambling sites that have a high payout rate and hold a valid UKGC licence. Then, consider playing games with a lower house edge, which represents the theoretical advantage of the casino. So, if an RTP stands for what a player can theoretically win back while playing a certain game, the house edge, advantage or margin, represents who much the casino wins.
Advantages of Joining Highest Paying Online UK Casinos
As we have previously explained, a payout rate indicates how much money a casino pays out based on the money spent at it, typically over a month. High payout casinos have rates of 97% and more, yet it does not mean that you will get 97% of the money you have wagered returned. However, a high payout rate indicates that the gambling site is worth your time provided it ticks all the boxes.
Speaking of all the boxes, we mean safety and fairness above all, so the best option for UK players would be to join trustworthy high payout online casinos that have obtained a UKGC licence. The advantages of joining such a gaming venue are numerous. First and foremost, you can rest assured that your data and money will be secure while trying your luck on some of the best casino games in the industry.
Another advantage of joining the highest paying online casinos in the UK market would be getting your winnings cashed out as soon as possible, without unnecessary waiting for your request to be processed. If anything goes wrong during your stay at these casinos, you will always have whom to turn to. Just hit the live chat and enter your query, and reliable casino agents will get back to you in the blink of an eye. There will be available 24/7, so you can contact them anytime, day or night.
Last but not least, the highest paying UK casinos offer bonuses and promotions that will make your overall experience more enjoyable and more rewarding. These deals are designed with all kinds of players in mind and come with fair terms and conditions attached, so you won’t be required to risk a fortune to turn bonuses into real money that can be withdrawn! So, if you want to get the best value for your money, sign up with the reputable high payout casinos, like the ones featured on our website.
Highest Paying Online UK Casinos FAQ
- What is the average payout percentage?
- An average payout percentage represents the amount of money an online casino pays out based on a total amount of wagered money.
- Where to find the highest paying online UK casinos?
- If you are looking for a reputable highest paying online casino, you need look no further as on our website you can find a selection of carefully curated UK gambling sites that tick all the boxes.
- Are the best payout casinos safe and fair?
- Although a payout rate does not indicate whether an online casino is safe and fair, at those that hold a valid UKGC licence and have high payout percentages you don’t have to worry about safety or fairness.
- Do the highest paying online UK casinos offer rewarding bonuses and promotions?
- The high payout casinos approved by our team of reviewers offer bonuses and promotions with a fair policy.
- Why join the highest paying online casinos UK?
- These online casinos have a proven record of paying out large amounts of money and provide players with a safe and fair gaming experience, which are the two main reasons to join them.