Best Paying Online Casino Sites in Canada

Looking for the best-paying Canadian online casinos? Your search ends here! In short, we consider the best payout casino to be one with fast withdrawals, fair bonuses, high RTP games, and high overall RTPs. We’ve done the hard work for you, comparing hundreds of casinos nationwide to find the best.

Finding casinos with high payout percentages is a breeze if you know what to look for. Most Canadian casinos have a return to player (RTP) of at least 96%, and some games are close to 100%! We’ve thoroughly investigated online gambling sites to provide you with the ultimate list of the highest-paying sites for 2024.

Comparing the Top 10 High-Payout Casinos

Here’s a quick rundown of the top payout casinos and their rankings. Just check out the table above to see which sites are worth visiting. Want more details? Keep reading! I’ve got a detailed review of each site for you below.

Royal Panda

Royal Panda Casino is an online casino in Canada with massive payouts and thousands of games. Whether you love slots with big payouts, table games, or live casino games, there’s something here for everyone. If you know the Royal Panda brand, you’ll be happy to hear LeoVegas Casino owns it, so you know it’s top-notch. Even though it’s lower on our list, the payout percentage is high. And if you’re into games, check out Fruit Party with its 96.5% RTP.

Ruby Fortune

The same folks behind Spin Casino also own Ruby Fortune Casino. Like its sister site, Ruby Fortune has a wide variety of slots to enjoy. If you’re into live casino games, consider checking out PartyCasino or LeoVegas since Ruby Fortune’s live section isn’t the best. But their slot collection is worth a look if you want to maximise your winnings. They have some high-payout games, and Jungle Gorilla’s high RTP is a fantastic pick!

PartyCasino

One of the hottest online casinos this year is PartyCasino Canada. They’ve got everything from slot machines to live dealer tables and game shows. Their game selection is impressive, featuring high RTP titles like Blood Sucker at 98% and Mega Joker at 99%. Even in their table games section, you’ll find Blackjack with a potential RTP of over 99%. If you’re hunting for top-paying casino games, check out the ones I mentioned!

Royal Vegas

Another great casino with an above-average payout percentage is Royal Vegas Casino. You’ll find plenty of games here with low volatility and many with high RTPs. If you’re looking for high-paying online slots, check out their selection. This Canadian casino knows how to cater to slot players. I’d recommend trying out Lost Vegas Zombies Scratch and Assassin Moon for beginners.

888 Casino

For new players, 888 Casino is a great choice. You don’t need to deposit—every new account gets $25 automatically. So, you can start playing and exploring games immediately without adding any money. I love the generous offer, but it’s not the best for big payouts. The wagering requirement is x30, which means trying to hit the max can lead to losses. If you’re up for the challenge, I recommend trying Book of Scrolls and Gold Blitz.

Spin Casino

At Spin Casino, Microgaming slot games steal the spotlight. Sure, there are games from various providers, but slots are the star of the show. This high payout online casino boasts a simple layout and a cool spins feature. Try your luck with Jungle Jim or Immortal Romance at Spin Casino and see if you can hit the jackpot!

PlayOJO

The best no-wager casino in Canada is hands down, PlayOJO. You can cash out as much as you want, and the bonuses are not wagering requirements. They keep things simple—no funny business and all wins are paid in cash. That’s why it’s so popular. You won’t have to deal with silly rollover requirements or exchange casino points for real money here. We recommend playing Rome the Golden Age and Wild Cauldron slots if you try it.

Casumo Casino

Casumo Casino has the best payout percentage among fast-withdrawing casinos. You can cash out your winnings in less than a day! It might not be as well-known as others, but it has a loyal following of regular players. If you enjoy playing slots or live casino games, try Casumo. Check out Crystal Ball Golden Nights, or join me for classic online blackjack.

LeoVegas Casino

LeoVegas Casino is famous for its best payouts and has become a household name, often appearing on the “best casinos” lists. What makes it stand out is its focus on promotions and user experience. The platform is designed for mobile gaming and works perfectly on all devices. I recommend Rages to Riches or Book of 99 for the best RTP.

Jackpot City

Jackpot City Casino is one of the top online gambling sites in Canada. Even though it has a smaller selection of high-payout games, it boasts one of the highest payout percentages in the country. The casino stays popular by offering huge welcome bonuses for new players and cool promotions for regulars. If you’re after high RTPs, we would try out Devil’s Delight and Retro Reels: Extreme Heat slot games.

How To Choose the Best Paying Online Casinos

When choosing the best payout online casino sites in Canada, remember a few key things. First, you’ll want a site offering the highest maximum payouts and the quickest withdrawal times. But remember to consider other factors like game selection and payment methods. Let’s break it down:

• Payout rate: The payout rate is likely the first thing you’ll check. Look for games with a high RTP% (return to player) at a real money casino. The higher the percentage, the more often you’re likely to win. For instance, table games like blackjack usually have higher RTP%s (up to 98%), while slot machine payouts average around 94% to 95% but can offer bigger wins. Remember that the theoretical RTP% is based on thousands of games, so the more you play, the higher your chances of winning, even though it doesn’t guarantee you’ll win every time.
• Payment methods: Deposit and withdrawal times can vary depending on the casino and payment method. PayPal tends to process quickly, while eChecks take three to ten days. Look for casinos with low minimum deposits, like around $10. For example, Bet365 allows a maximum withdrawal of $40,000 for Visa users. Withdrawal limits can vary based on the payment method and the casino.
• Licensing and fairness: Make sure any Ontario casino you choose has an iGaming Ontario license. Reputable online casinos will display their license in their header or footer. It’s also important to select a casino prioritising fairness, often shown through third-party audits like those from eCOGRA. Top casinos will have safety measures such as deposit caps, cooling-off periods, and self-exclusion policies. Also, ensure the casino uses SSL encryption, which you can spot by looking for a locked padlock in the URL.
• Software and games: The best online payout casinos in Canada feature games from top companies like Playtech and IGT. For live casino games, look for titles from Evolution and Ezugi. A good payout casino will offer a variety of games, including slots, video poker, roulette, and blackjack. Slots with high volatility often come with the largest payouts.
• Customer service: A solid online casino should offer multiple customer support channels, such as phone support, live chat, and email. Bet365 Casino, for example, provides all of these options. Aim for casinos with 24/7 customer service or support during regular business hours.
• Overall experience: Consider what each Canadian payout online casino offers. Ensure the casino’s mobile app works well, includes most of the desktop games, and offers extra features like live chat and various payment options. Also, consider the desktop site’s usability, layout, and ease of navigation, ensuring it’s user-friendly for all levels of expertise. Enjoy gaming!

The Highest Payout Casino Games

When playing at a highest payout online casino, it’s important to consider the games you choose because some have different payout percentages. You should check the details at many casinos when you click on the game. Look for the RTP% to find the payout rate. Generally, the higher this percentage, the better it is for you in the long run.

Don’t try to calculate your exact winnings from each game using the RTP. Remember, the RTP is theoretical and calculated over many rounds. If you only play briefly, you won’t hit this RTP. Also, different game types have different RTPs. Slots aren’t as skill- and strategy-driven as video poker and live table games, which usually have higher RTPs. Even though online slots might have lower RTPs, they’re often easier and more fun to play.

Top Game Types for Maximizing Payouts

Many online casinos publish a payout rate, but this figure represents the average rate across all their games. When seeking casinos with the best payout rates, ensure they provide specific game payout rates, ideally vetted by a reputable third-party group. For example, craps has a house edge of 0.45% to 0.47%, and blackjack is considered the best table game, offering a 99.37% payout rate.

Typically, online slots boast the highest payout rates. Slots paying out up to 98% are both enjoyable and lucrative. The top online casinos in Canada offer games with the highest RTP (Return to Player) percentages. Here are some popular games known for their entertainment value:

• Slots: The most popular games in online casinos, slots feature multiple pay lines and reels. Winning combinations of vibrant symbols result in payouts, with larger combinations yielding bigger rewards. Real-money slots generally have an RTP between 92% and 99%.
• Progressive Slots: These slots offer massive jackpots. The prize pool increases with each bet until someone wins.
• Table Games: Blackjack, baccarat, and online roulette are the highest-paying table games. Single-deck blackjack can have an RTP of up to 99.5%, and with proper strategy, the house edge is only 0.5%.
• Poker: A blend of skill and luck, poker offers high RTPs in top poker rooms and online video poker sites. Games like Let It Ride, Pai Gow, and three-card poker can reach RTPs as high as 97%.
• Live Games: Experience the atmosphere of a real casino with live dealers and authentic betting options. Canadian online casinos offer HD live streams of baccarat, poker, roulette, and blackjack.

Best-Paying Casino Slots

First, immerse yourself in games from esteemed developers like NetEnt, Barcrest, and Quickspin. Mega Joker, featuring five reels and up to forty paylines, boasts an impressive payout rate exceeding 99%. It challenges your patience and skill, delivering a captivating experience. Similarly, Monopoly Big Event offers a return rate of up to 99%. Playtech’s Tropical Reels enthralls players with its vibrant tropical theme and a 99% RTP. Popular titles such as Joker Strike and Blood Suckers entice players with their 98% payout rates. Other excellent choices include Jackpot 6000, Magicious, Nemo’s Voyage, and Kings of Chicago, with RTPs ranging from 95% to 99%. With such a diverse selection, every player is sure to find a game they love.

Make the Payout Process in 4 Easy Steps

Payment procedures can differ from one website to another. However, most casinos follow a standard process, which we’ve outlined below:

1. Access your winnings: Congrats on your win! If you’re ready to cash out, you must put those winnings to good use.
2. Have your paperwork ready: Make sure all your documents are in order. Most top payout casino sites will ask for an ID to verify your identity. It may be tedious, but it’s crucial for security. Each site will have its list of required documents.
3. Cash out: Once you’ve submitted your documents, head to the withdrawal section of your casino. Pick your preferred withdrawal option, decide on the amount and currency, and follow through with the process.
4. Wait a bit: It’s time to play the waiting game. Even the best payout casinos need some time to process withdrawals. If you choose one of our recommended sites, you shouldn’t have to wait more than a few days.

Your Guide to the Best Payout Online Casino Sites

You can find the best paying casinos right here. Head over to our homepage for the latest info, or check out the top 10 casinos listed at the top and pick your favourite based on payout percentage and overall rating. Alternatively, you can visit any online casino and look in the “help” or “licensing” sections to find their payout percentage. Trustworthy, regulated online casinos will have their payout percentages verified by independent organisations like eCOGRA, so keep an eye out for that.

We do thorough checks and recommend a casino if we’ve investigated it ourselves. We use real money to test the payout returns on real games to make sure the casinos we suggest live up to their payout percentage claims. If our research shows a site isn’t a legit “high payout online casino,” we remove it from our list. Let’s explore the topic in greater depth:

Advantages

If you want to get the most out of online casinos with the highest payouts, picking games with a high RTP is key. You’ll have better potential returns thanks to a higher payout percentage. Let’s dive into what makes the top payout sites stand out and why you should give them a try:

1. More Winnings: Playing at high-paying casinos boosts your chances of winning and makes the whole gaming experience more fun.
2. Extended Play Time: Higher payouts can make your bankroll last longer, giving you more time to enjoy the games.
3. Trustworthy and Reliable: The best payout casinos have a solid track record, usually translating to quick and fair payouts.
4. Better Odds: With competitive odds, games at high payout percentage casinos can be more profitable than those at other sites.
5. Exciting Promotions and Bonuses: These top casinos often offer great promotions and bonuses to increase your potential earnings.

Remember, finding a casino with a good payout percentage doesn’t automatically make it your new favourite or the best value for your money. Make sure the site has a variety of games and competitions you enjoy, offers real money bonuses upon registration, and has convenient banking options. Also, having a dependable and responsive customer support team is a must.

Disadvantages

High RTP games and casinos with great payout percentages look super appealing on paper. But keep in mind that these numbers can change based on several factors. Here’s a quick rundown:

1. Player skill: Many online casino players are experienced gamblers. In games like blackjack and poker, skill and strategy are key. If these players win often, it impacts the casino’s payout percentage. Want to up your game? Check out our games page for tips and strategies.
2. Game variability: Some slot machines have high average payouts but can vary. Take a big jackpot slot like Mega Moolah; it doesn’t pay out often, but when it does, the payout is massive, boosting the RTP percentage. Other slots might have a similar RTP but pay out smaller amounts more regularly.
3. Selected game: A high payout percentage doesn’t mean you’ll hit it big every time. For instance, a roulette player has a lower average chance of winning than a blackjack player.

Key Considerations for Playing at High Payout Casinos

High payout casinos can be pretty tempting, but there’s more to the story than big returns. Here are a few things to keep in mind before diving in:

• High RTP table games like blackjack often attract seasoned gamblers who know their stuff. If you’re new, winning can be tougher since experts are good at using game strategies.
• Not all games are created equal. Even though a casino boasts a high overall payout rate, some games will match it. Some casinos might have high RTP slots but lower RTP table games. Check the RTPs for each game before you start playing.
• Be careful with bonuses and promotions. They can be great for boosting your account, but most come with wagering requirements. You must play through a certain amount of money before withdrawing your winnings. Always read the fine print to avoid getting stuck with a bonus you can’t cash out.
• Focus on sustainable play over just winning. Gambling should be fun and maybe a way to earn a bit extra, not just about chasing big wins. Set a budget and enjoy the games. Chasing losses can drain your funds quickly.
• Gamble responsibly. No matter the payout percentage, responsible gaming is key. Don’t bet money you can’t afford to lose, set time limits, and take breaks. If you feel gambling is taking over your life, there are plenty of resources and support lines to help you out.

Top Payment Methods for Maximising Payouts at Online Casinos

Before playing online casino games, ensure your payment method is both secure and reliable. The best online casinos with quick payouts are selective about their payment processors, typically offering the following options:

• Interac: Use your bank or credit union account for secure and low-cost deposits. Interac is the authorized debit payment method in Canada.
• Debit and Credit Cards: Canadian casinos accept Visa, Mastercard, and American Express, known for their high transaction limits and robust security.
• PayPal: A trusted payment method since 1998, PayPal acts as a secure intermediary between your bank and the casino.
• Cryptocurrency: Offering fast, inexpensive, and highly secure transactions while maintaining privacy, cryptocurrencies operate independently of traditional financial institutions.
• iDebit and InstantDebit: These regional e-wallets are popular among Canadian gamers for their convenience.
• Prepaid Cards: Although withdrawals are not possible, prepaid cards like Paysafecard allow for deposits without revealing personal information.

By choosing the right payment method, you can enjoy a seamless and secure online gaming experience.

Understanding Payout Percentage

A payout percentage is the result of a mix of factors. Generally, it’s called RTP (Return-to-Player), but there’s more to it. When looking at the whole picture, you also need to think about the house edge, payout speed, and volatility. Let’s break these down:

• RTP: This stands for “Return-to-Player” and shows how much a slot machine or casino game pays back to players. For example, an RTP of 95% means you can expect to get $95 back for every $100 you wager, with the casino keeping $5. A higher RTP means you have a better chance of winning some of your money back, so players often check it out.
• Volatility: This is as important as RTP when figuring out the best payout games. It tells you how often you might win. Low volatility games give frequent but smaller wins, while high volatility games don’t win as often but pay out bigger amounts when they do. High volatility games are riskier but can be more rewarding. Knowing this helps you pick the right match for your risk level.
• House Edge: Unlike RTP and volatility, which are easy to find online, the house edge is often kept under wraps. It shows the casino’s expected profit from each bet. For instance, a 5% house edge means the casino expects to keep $5 for every $100 bet. This is the flip side of RTP. Remember, casinos are in it to make money; “The house always wins.”
• Average Payout Speed: How fast you can withdraw your winnings is important but doesn’t affect how much you win. Think about wagering requirements and withdrawal times. High wagering requirements can make it tough to cash out, and you might lose your winnings. Withdrawal time includes the casino’s processing time and your bank’s transaction time. Even with fast casino payouts, banks can cause delays.

Common Questions

How much could you win back at the casino? Check out the payout percentages—they give you an idea of how much a casino usually pays out compared to what players bet. Think of it as a rough estimate, not a guarantee.

How does a casino calculate its payout percentage?

Imagine putting a big chunk of money into different casino games. The payout percentage is what casinos pay back to players as winnings over time. While the calculation is pretty complex, casinos use advanced software to track it.

How does the casino payout percentage differ from RTP% and house edge?

These terms can be pretty confusing! When you see payout percentage and RTP mentioned, they’re the same thing as a percentage. But here’s the twist—house edge changes everything. It’s figured out by subtracting the RTP from 100%, showing the casino’s average profit margin.

How does game volatility impact RTP, and what does it mean?

There are high and low-volatility games. In high volatility games, you can win big, but it doesn’t happen often. Low volatility games, on the other hand, give smaller wins more frequently. The payouts may vary, but the percentage of RTP (return to player) stays the same.

Regulatory Authorities Monitoring Online Casino Payout Rates

All reputable online casinos get regularly audited by third-party organisations. These testers check that the casinos stick to their advertised rates, verifying payout percentages and game fairness, and then award a certificate. In the iGaming world, eCOGRA is the top independent tester. Other trusted names include iTech Labs, Gaming Laboratories International (GLI), TST, SQS, and more. These guys specialise in evaluating, certifying, and testing software and systems used in online gambling. So, if you want to make sure the payout percentages on your chosen online casino site are legit, look for a verification seal or fairness certificate from one of these third-party auditors. Without their certification, you can’t be sure the operator isn’t fudging the numbers to rank among the highest payout casino sites.

Casino Payouts: Misconceptions

Exploring the world of online casinos reveals a lot of common myths. Some are completely off-base, while others have a bit of truth to them. Let’s break down some of these myths and set the record straight.

• More wins come from playing games with high RTP: Just because a game has a high Return to Player (RTP) doesn’t mean you’ll win more often. An RTP of 97% doesn’t mean you’ll win 97% of the time or on the 97th spin. Each spin on a slot machine is independent, so your chances are the same every time, no matter how much you’ve lost before.
• Progressive jackpots generate revenue: Sure, some players have gotten rich from progressive jackpots, but they’re tied to the RTP of the game. These games mix regular slot play with jackpot rounds. Despite the allure of big wins, landing the jackpot is incredibly rare.
• I won’t win, so don’t play table games: Many think slots have the best odds, but table games at live casinos often give you a better shot. Playing classic card and dice games can lead to big wins, but it takes discipline, perseverance, and a dash of luck.
• I can manipulate the system: Beating casino games is impossible and might even be illegal. Casinos are designed to make money; trying to outsmart them can lead to serious trouble. Card counting in blackjack, for example, has led to stricter rules and more security in online casinos.
• The casino is dishonest: Losing at a casino game doesn’t mean the casino is cheating. RTPs are publicly available, so you know your odds upfront. It should be reported if a casino refuses to pay out legitimate winnings. Refrain from using reputable casinos for unfair practices without proof.

Best Paying Online Casinos in Canada: Our Tips

You might have joined a casino with a high payout percentage to boost your chances of winning, but did you know there are other ways to increase your luck? Here are some smart tips to maximise your gaming experience:

1. Shop for the best payouts: Don’t just use one casino. Check out different websites to see which ones offer the best returns.
2. Welcome bonuses are your friends: Casinos often use rich welcome bonuses to attract new players. These can include free spins, match deposit bonuses, or even free money. Use them wisely to increase your bankroll and extend your playtime.
3. Go for high RTP games: RTP (return to player) is the average percentage a game pays back to the player over time. Choose games with high RTP, like video poker (up to 98%) or blackjack (around 99%).
4. Volatility matters: High volatility games can give you big wins, though less frequently. Low volatility games offer smaller, more frequent wins. Choose based on your experience level, risk tolerance, and budget.
5. Don’t just stick to slots: While some casinos have high payouts for slots, playing table games like blackjack strategically can give you even better odds. Consider mastering basic blackjack strategy to tilt the odds in your favour.

Bonus tip: Set a strict budget and establish win and loss limits. Even the highest payout casinos are designed to win over time. The win that keeps you coming back is the best.

Frequently Asked Questions

What is a return to player (RTP) percentage?

The amount you can expect to get back over time is called the return to player percentage, or RTP. Keep in mind that RTP is mostly theoretical. While it gives you a good idea of what to expect when playing a specific game, don’t take it too literally. RTPs are calculated over tens of thousands of spins or rounds.

Which casinos offer the highest return-to-player percentages?

Finding the casino with the best payout percentage can be tough, but online casinos usually have better payouts than their competitors. Games like video poker and live dealer options often shine because of their high return to player (RTP) rates. When you’re on the hunt, look for online casinos that offer a variety of games and consistently deliver big wins. So, it’s crucial to compare the RTP of different games and the overall payout rates of online casinos.

What is the maximum payout rate available?

In Ontario, the gambling laws cap the return on investment (RTP) percentage. Although payout rates might go up to 100%, the max you’ll see is 99.1%. There’s also a legal minimum of 85%. So, payouts have to fall somewhere between these two percentages by law.

Which casino games offer the best payouts?

Favourites like blackjack, craps, and roulette often offer better odds than many other online options. Playing at top payout casinos can seriously boost your chances of winning in Canada or anywhere else. Video poker is another great choice, with competitive payout rates that appeal to both newbies and seasoned players. And don’t forget slot machines with a high RTP (Return to Player) rate—they’re popular for good reason, thanks to their potential for big payouts. The best online casinos spotlight these high-payout games to help you find the most lucrative opportunities.

Which casino offers the fastest payout rate?

When reviewing a casino, we always look at the payout rate (to check the casino’s legitimacy) and payout speed. Usually, casino payout times range from one to two days. Some, like Tonybet and Betway Casino, even offer payouts in less than a day! But be aware that some casinos can take up to three days for payouts. It’s always a good idea to check our site first to find the quickest and highest-rated casinos.

How can I receive payouts more quickly?

First, ensure you can prove your identity at the casino to avoid any withdrawal delays. Also, process your payments through e-wallets since they usually handle things within 48 hours. And don’t forget to rack up those loyalty points! Upgrading to VIP status gets you perks like faster payouts, higher transaction limits, and invites to bonuses or tournaments.

What is the minimum withdrawal amount for the best paying online casino sites?

Most casinos have limits on how much and how often you can withdraw, but this depends on the casino. This isn’t an issue for most players since the caps are usually high. Just check the terms and conditions before you place your first real money bet.

Are there withdrawal fees at Canada’s best payout casinos?

Most Canadian online casinos don’t charge fees for withdrawals. To keep things fee-free, check the casino’s terms and conditions and choose a payment option without transaction fees.