Finding the best payout online casino in New Zealand may just be the most important element of all when it comes to giving you the best chance of beating the house in the long run.
We will begin by pointing you in the right direction of the best paying online casinos out there. Once that’s done, you can read our guide on which games to play, which bonuses to take, and what to look out for when going about separating trustworthy casinos from dubious ones.
Best Paying Online Casinos (Updated in February 2023)
1st / 2nd / 3rd / 4th Deposit - 100% Matchup Bonus up to $200 - New Customers Only - $10 min fund - $200 max bonus per offer - max bonus conversion to real funds equal to lifetime deposits (up to $250) - 65x wagering requirements apply and T&Cs apply here
How about if there was a beautifully curated list of all the best online casinos that payout the most for New Zealand-based players? Well, there is. Those listed below offer the best value to casino players based on the metrics we’re about to set out. Meaning any one of these best payout online casinos on the list comes with our promise they’re going to give you a good and fair run for your money. As we started by saying, choosing a best payout online casino in New Zealand is essential to giving you the best possible chance of turning over a profit, or at least breaking even. So, getting this bit right is essential.
How to Find the Best Paying Online Casino NZ
The first part of finding a best paying online casino is to know which casinos don’t come under this category! The second is to pick the best one from those which do come under this category. Here’s how to go about it all.
Check best payout online casinos from our list
Read our reviews and make sure if they are licensed casinos.
Make sure they have your favourite games
There are many types of game such as slots, blackjack and poker. Pick up your favourite one.
Check out the numbers
Check Return to player (RTP), wagering requirements, withdrawal times and maximum withdrawal amounts.
Choose your casinos
Take into account 1,2 and 3 and decide which one to play.
Register and make a deposit before deciding which bonuses are worth taking.
Terms Used in Best Payout Rate Online Casino Analysis
When discussing a best payout casino, we’ve already come across some very specific terms. Let’s talk you through some of them.
Return to Player (RTP)
As explained earlier, all casino games have an RTP. That’s the average amount of money returned to the player for every $100 wagered on that game. So, if a particular slot returns on average $96 per $100 wagered on it, its RTP would be 96%. Of course, the RTP isn’t an exact science. If you wagered exactly $100 on a slot with an RTP of 98%, it’s unlikely it would return exactly $98. A big win for the player or a dry spell without wins would skew things. However, if you wagered $1 million on it, you’d expect the number to be pretty close to that 98%. The higher the RTP, the more generous it is and the better for you, the player. No casino game would ever have an RTP of greater than 100% because they’d always lose money on it. But then again, few will have an RTP of less than 90%.
The House Edge is the reverse side of the RTP coin. In other words, a game with an RTP of 97%, would have a house edge of 3%. All casino games have some sort of house edge to them, which is obviously how casinos make their money. Beware of unnecessarily contributing to the house edge. For example: in regular roulette, the house edge is 2.7% using one zero. But in American Roulette, it’s 5.26% with two zeros. So, you’re well advised to avoid the latter version. Backing the tie in Baccarat is another example of a high house edge because the house edge here is a massive 14.4%. Or to put it another way: the odds of it (the tie) happening are far less than the odds at which it pays out.
When you’re ready to get some or all of your cash out of your casino account, you’ll need to make a withdrawal. How withdrawals are processed are an important metric when determining the best online gambling sites for payouts. Even though all casinos will need you to undergo some sort of verification/KYC process before making your first-ever withdrawal, a best payout online casino won’t overcomplicate the process by demanding too many documents or worse still, for them to be notarised.
The other element here is how long the withdrawals actually take once you’ve gone through the verification process. Yes, some payment methods are quicker than others but if the withdrawal time seems excessive, like seven working days, that’s likely to be a stalling tactic. The casino is hoping that by delaying the process, you will carry on playing in the meanwhile and lose your money before the time comes for the withdrawal to be executed. The best online casinos with fast payouts are instant with some methods like E-Wallets, of which Skrill is a good example. They may take just a day or two with other methods like Visa cards.
What Makes a Best Payout Casino
There are three factors to be the best payout casino; high RTP, low bonus wagering requirements and licence.
Essentially this mostly comes down to numbers. In some cases, a high number gives you the best value, such as with RTPs: the higher, the better. In other cases, a low number is good news, such as when it comes to wagering requirements: the lower, the better. But there are a couple of non-numerical factors worth considering, as well. Such as the license it holds or the quality of their Customer Service Department. Here are the most important elements of all when it comes to picking your casino with the best payout.
Games With High RTPs
Best Payout Slots
Slots are one of those most popular casino games, and it is important to choose slot games with high RTPs. As the previous section said, each casino game will have an official RTP. The worst payout slots only have RTPs of around 93% with the ‘blacklist’. Most slots will have RTPs of around 94/95%, but the best payout slots will be closer to the 97% mark. A good exercise for you is to pick 10 slots at random from different casinos and see how many of them are above, below or exactly on the 97% mark; the more that are above, the better. You’ll be able to find any online slot’s RTP online.
Other casino games
You can perform a similar exercise of finding casino games with the lowest house edge when looking at video poker or roulette. Does the casino offer the traditional version of Roulette with one zero or the scandalously-biased-towards-the-casino one with two zeros? All these little percentage points here and there make a huge difference in the long run so when the majority of the casino games on offer at that casino have high RTPs, it’s a tell-tale sign it’s a best payout casino.
Low Bonus Wagering Requirements
Beware the bonus. Whereas there are plenty of advantages to claiming and playing bonuses, a bonus is only as good as the ease with which you can withdraw it. In other words, how high the wagering requirements are. Wagering requirements are the number of times you need to play the bonus through the casino before you can withdraw it. A 35x bonus of $10 means you’d have to wager through the bonus amount ($10) 35 times- total $350 - before you could withdraw it. 35x is pretty much the benchmark of what’s reasonable. 50x is just too steep and you’d be hard pressed to manage to successfully play that through so that you can withdraw it. Wagering requirements of 35x, or preferably less, at a particular casino, is a sign that it’s a best paying online casino.
The Licence It Holds
All casinos operating in New Zealand and accepting NJ players will need to hold a valid Gambling Licence. These are awarded to casinos after they meet certain criteria like their Directors passing eligibility tests, possessing an acceptable Fraud and Integrity Team and having the necessary funds available to pay out on exceptionally big wins. Just like a licence can be awarded to any Casino at any given time, it can also be removed at any time. That could be for such infringements as excessive (valid) customer complaints or proof of money-laundering activities. Furthermore, not all Gambling Licences are equal. A casino holding the New Zealand Licence has passed the most stringent tests when it comes to integrity, reliability and honesty, so can be trusted. Next comes the Malta Gaming Authority Licence, also setting a high standard. However, a casino possessing only the Curacao Licence may not be so reliable. For example, it might take time to withdraw the winning.
Therefore, it may be less likely to be the best casino for payouts. So, check out which Licence(s) the casino holds because it’s an important factor.
Why Play at a Best Payout Casino?
This isn’t a question of what the prettiest casino is, the one with the most games available or the one offering the most bonuses. The key question here is: which casinos give you the best chance of walking away with the biggest sums of their money in an effortless way? But why is that important? The answer is obvious: you’re not going to get much enjoyment out of playing at online casinos if all you ever do is pump money into it and never get any of it back. The more you can withdraw thanks to such things as: games with high RTPs, low wagering requirements, ease and time of withdrawals, the better for the player in the long run.
More chances to win- Best payout casinos give you more chances to win by playing games with higher returns to player.
Best payout casinos aren’t necessarily the most fun- The top paying casinos don’t necessarily have the most fun games nor the most colourful promos.
Bonuses are more worthwhile- With lower wagering requirements than usual, turning over bonuses is easier and can result in more money available to withdraw.
Some games require strategy and knowledge- Some games with high RTPs such as blackjack still require the player to make smart choices during the game. Not doing so negates the game’s high RTP.
Less time spent dealing with Customer Service- Easier and quicker withdrawals plus a simple verification process are two of several reasons why you won’t have to waste unnecessary time contacting Customer Service.
Even lower wagering requirements are hard to turn over- Lower wagering requirements than normal increase your chances of turning the bonus over and withdrawing it. But 30x wagering requirements are still hard to play through.
We’ve been talking about casino games with high payout rates, so let’s just take a minute to go through some of the ones coming under this category.
The world’s favourite casino card game has an excellent RTP of 99.54% meaning the house edge is absolutely minimal. But that RTP implies players using basic Blackjack strategy based on mathematical probability rather than players just going on gut instinct.
Another classic casino game that gives you a fair crack of the whip at 97.3%. But bear in mind that number refers to European Roulette that uses one zero. Its American cousin uses two zeros, leading to a much worse RTP of 94.7%. So, avoid it like the plague. If your casino only has the American version, then don’t play it and go play the European one somewhere else.
Slots can have a very decent RTP as well, generally ranging from about 94% all the way to 99%. But there are slots and then there are slots. Those extra percentage points can make a big difference. Some of the most fun ones don’t necessarily have the highest RTP. But if it’s the biggest payouts you’re solely interested in, look up which slots at your casino have the highest RTP and stick to those.
How Do We Review Best Payout Casinos?
The same way that we review casinos based on any other criteria.
We go through all the factors that are relevant to what we’re judging the casino on- in this case payouts- and examine how well a particular casino scores on those all-important factors, compared to other casinos.
When undertaking our detailed best payout casino reviews, these are some of the things we look out for.
RTP of games.
The licence the casino possesses, which affects the reliability and integrity of the games.
Games made by established software providers with good reputations.
Acceptable wagering requirements of 35x or less.
Being able to meet wagering requirements on a big selection of games.
Good choice of trustworthy payment methods.
Fast withdrawal times.
Simple and quick verification process before the first withdrawal.
These factors are taken into account as well because they’re important in determining whether they’re a good casino in general. But the specific factors mentioned earlier are the ones we’re most interested in when it comes to finding the ones with the best payouts.
Bonus and Promotions at Best Payout Casino
All casinos will offer some sort of casino bonus, whether as a welcome bonus when you sign up or as additional bonuses down the line.
Types of bonuses
Examples of bonuses include free spins, which are spins to be used on slots that have been pre-paid for by the casino itself. Or deposit bonuses, where the casino gives you extra money to play with when you make a deposit. In some very rare cases, the bonus will come with no wagering requirements. That means that whatever you win using your bonus is yours to keep. But that’s very much the exception to the rule. In almost all cases, the bonus will have wagering requirements.
Acceptable Wagering Requirements
The key question is: what exactly are the wagering requirements? Anything around the 35x mark is acceptable, 30x is decent and 20x or less is pretty fair given those are low wagering requirements. Bonuses with 50x wagering requirements are just too difficult to turn over so only take them if you have to do very little in order to get them, or nothing at all. All bonus offers will outline the wagering requirements in their terms and conditions.
Best Payout Online Casino Facts
Here are some fast facts to consider when choosing best payout casino in New Zealand.
When talking about the best paying slot games in New Zealand, there are three clear winners in terms of having an RTP of 99% or higher.
Players playing American roulette (two zeros) are giving away a house edge of almost double of what it is on European roulette (one zero).
Blackjack players following ‘basic blackjack strategy’ to the letter have a better chance of winning than those who use gut instinct to make choices during the game.
To pick up the best online casino, those possessing the New Zealand Licence is a great choice for NZ players.
Withdrawals using E-Wallets or cryptocurrencies tend to be the quickest.
Bank transfers or cheques tend to be the slowest.
Which online casino has the best payouts?
You’ll find online casinos with the best payouts on this page. Just choose one to start with, and you’ll enjoy the best payout rates in no time.
What online casino pays out the most?
The online casino that pays out the most is the one that offers games with the highest RTP and with the lowest house edge. You can find out all about what these terms mean on this page.
What online casino has the highest payout rate?
The online casino with the highest payout rate is featured in our above list, along with other high paying sites online that have been thoroughly tested by our team of reviewers.
What casino has the best payouts?
Mr. Gamble is here for you to find the best payouts casino! Our professional team tests and verify casinos based on logical criterias. The casino with the best payouts are highlighted above, in addition to other high payout casinos.
What casino game has the best odds for a payout?
Blackjack is a game we recommend for some of the best odds for payouts. Simply choose a casino on this page, create an account, make your first deposit, claim the welcome bonus, and then head straight over to the blackjack tables.
What slots pay out the most?
Among the slots that pay out the most are Mayan Wild Mystery, with a 125,000x payout, and Rome: The Golden Age and Dead or Alive 2, each with a payout of 100,000x. We also introduce some slot games with good payout on this page.
What is the house edge in casino games?
The house edge in casino games is the average gross profit that the casino expects to earn from each game.
How is casino house edge calculated?
This is how you calculate the house edge: let's take European Roulette as a practical example. If you bet €1 on red, you have an 18/37 chance of winning, as there are 18 red numbers, in addition to 18 black numbers and a single zero. However, you also have a 19/37 chance of losing €1. So the house edge can be calculated as follows:
The expected Value is (1)(18/37) + (−1)(19/37)
The expected Value is 18/37 − 19/37
The expected Value is −1/37
The expected Value is −2.7%
Therefore, the casino's house edge is 2.7%.
Which casino game has the lowest house edge?
Blackjack. The casino games lowest house edge in blackjack is between 0.42% and 1.5%.
What gives the house an edge in blackjack?
The house edge in blackjack is based on the dealer's hidden card that forces you to make assumptions. If you bust, the house wins, even if the dealer busts in the same round. Learning blackjack rules and strategy will help you increase your odds of winning.
What casino game has the best chance of winning?
Most games have 90% RTP. Blackjack is one table game that is considered to have a good RTP with above 99% RTP. Some slots may be lower in RTP but with a chance to win big with a progressive jackpot.