How do you have your winnings from online casinos paid out correctly from 2024?

Every year, new regulations come into force that could have a significant impact on payout processes. These regulations also affect payout ratios, which are a decisive factor for many casino players. Let's take Luxembourg as an example: in 2023, Luxembourg players made around 35 million euros in winnings in online casinos. It is not yet known what amount will be reached in 2024, but this figure is clearly continuing to rise. Could casinos take advantage of this growth and lower payout ratios? Hopefully not, but you always have to keep a close eye on where your money is going.

Payout ratio: how much really goes to you

When paying out winnings, it is important to keep an eye on the payout ratio. This is the payout ratio (also known as the RTP), which indicates how much of the original stake is actually paid out to the player. For example, if the RTP is 97%, this means that €97 of every €100 wagered will be returned to the players.

The opposite of the payout ratio is the house edge. This is expressed as a percentage, but refers to the proportion of the stake that goes to the casino. In this case, their profit margin is 3%.

The RTP is actually only an average value. The odds are calculated over 100,000 to 1,000,000 rounds, in 50 or 100 rounds they can fluctuate greatly - from 80% to 150% of the stakes. Theoretically, the online casino payout ratio can only be viewed from a long-term perspective.

How is the payout percentage calculated?

The payout ratio of a casino game is easy to calculate: You divide the amount returned to players by the total amount wagered by players. For example, if players bet a total of €1,000 and get €950 back, the RTP is 95%.

RTP = amount paid out/ amount wagered

With online casinos, the payout ratio is actually difficult to estimate. As a rule, there is no precise information available. In principle, however, the payout ratio is always lower than what the players stake, as the casino keeps a portion.

This is how much the best online casinos pay out

The RTP is the main source of income for online casinos in Luxembourg. But as experience shows, most providers are not greedy. The best online casinos in Luxembourg often offer payout rates of 95% to 99%. Reputable providers state the different payout ratios for each slot.

But beware: If you only pay attention to the RTP, you are overlooking an important factor - the variance. The variance indicates how often and in what amount winnings are paid out in a game.

Low variance games regularly pay out small amounts. In games with a high variance, on the other hand, winnings occur less frequently but are significantly higher. This means that a slot with an RTP of 97% and high variance may look very attractive in theory, but high fluctuations can occur in the course of the game in the short term. So if you prefer stable online casino payouts, you should not only consider the RTP but also the variance when making your decision.

Slots with a high RTP

Which slot has the best payout ratio? The number of slot games that can score with a low house edge is not particularly large. We will list some of them here:

• Ocean Princess Slot: 99.07%
• Mega Joker Slot: 99.00%
• Jackpot 6000: 98.86%
• Blood Suckers Slot: 98.00%
• Jammin' Jars: 96.83%

These games offer particularly attractive odds compared to many other slots. But here, too, you should not only pay attention to the high RTP. Slots such as Ocean Princess and Mega Joker have a low to medium variance in addition to their high payout ratio. Games such as Jammin' Jars, on the other hand, are characterised by a high variance - the winnings are less frequent, but significantly larger.

Is there a payout ratio of over 99.00%?

Online casino games with a high RTP are the exception rather than the rule. Older, classic slots or certain table games pay out best. New online slot machines have an RTP of 95% to 98%. Table games such as blackjack and video poker even offer RTP values of over 99% when played with the right strategy.

Last but not least: Play safely and responsibly! Make sure to cash out your winnings at licensed online casinos that offer reputable payment options.