Best Payout Online Casino Canada - Highest Paying Casinos
Picking the best payout online casinos is an amazing way to maximize your odds of winning. But, this is easier said than done, especially now when the Canadian market is full of online gambling sites to choose from.
That being said, this page serves to tell you all about the best casino payouts. In it, we’ll explore what the RTP means, which online casino has the best payouts, and what it means for you to be gambling on such sites.
List of the Best Payout Online Casinos With Rtp Above 97%
Table of contents
Understanding Payout Percentages
In the gambling industry, there’s one unwritten rule: the higher the payout of a site or a game, the better. After all, gambling on a website that offers the best online casino payouts means that it is safe and promising for you as a player.
The payout percentage or otherwise known as Return-to-Player (RTP), is established by comparing the figure paid out to the number of bets placed. It’s basically how frequently the player wins compared to the bets made on the site.
This percentage can be calculated based on casino or game. That being said, a site can offer the best payouts, making it a very promising place to gamble. But, you can boost your chances further by picking games whose payout percentage is high, too.
What Is the Best Payout?
There is no specific number considered to make the line between average and high payout percentage. Naturally, the best payout is the one closest to 100%. Anything above 97% is considered great, while anything above 95% is considered solid.
What is Considered to Be Low Payout?
Sites that payout rarely will have a highest percentage that goes around 90% or less. These sites definitely do not belong in the list of best payout casino sites in Canada for the obvious reasons – their house edge is obviously extravagant.
The 5 Best Paying Online Casinos in Canada
You don’t have to struggle to search for sites with the best online casino payouts Canada, not when you have us to check the available websites for you. Generally speaking, these are the top payout online casinos right now:
|Casino||RTP – Payout Percentages|
|Jackpot City Casino + 150 free spins||highest payout casino – 97.77%|
|Spin Casino + 100 free spins||97.43%|
|Royal Vegas||highest payout casino games – 97.06%|
How We Select the Best Canadian Online Casino Payouts Sites
The list of best paying casino online sites in Canada can change at any moment. We frequently and constantly check websites and their features to ensure that you get updated, real-time information. Here is how we decide which sites are the best for you to use.
Welcome, No Deposit, and Other Bonuses
Online gambling comes with a huge perk – you can enjoy a variety of bonuses and special features. At casinos, players are welcomed with great bonuses and packages, frequent promotions, as well as occasional deals.
To ensure that a site is good for you, we check not only their promotions, but the wagering requirements that come with them. We’ll tell you all there is to know about the welcome package and terms, any regular promotions, as well as things you get if you get into their loyalty program.
Jackpots at the Best Paying Online Casino Sites
Jackpots are usually the biggest wins you can get at online casinos. Sites that offer frequent and high payouts have many jackpot games and offer secure and fair play. We’ll check which jackpots you can claim on the site – and how.
Loyalty Programs and Perks
If you become a regular, chances are that the casino will want you to become their VIP player. They will offer you tons of things to reward you for your loyalty and keep you gambling on their site. We’ll check how you can enter the loyalty program and what you get once you’re in.
Software and Games Found at the Best Payout Online Casino Canada
Games have a huge effect on the quality of gambling as well as payout percentage of the casino. If the site features games with high RTP or jackpot titles that are frequently played, you can expect amazing gameplay as well as great payouts. Naturally, the amazing games are created by great software developers, which is why we always check the list of choices searching for names like Microgaming, NetEnt, Evolution Gaming, and more.
Licensing and Security
To ensure that the casinos are safe for players, we conduct checks in terms of licensing, security measures, and reputation. If we cannot find some information, we’ll also speak to the customer support to get details. In our reviews, you’ll find all there is to know about regulatory bodies, licensing bodies, and ownership of the casino in question. Only the licensed, approved, and safe sites get into our approved lists.
Games at the Best Online Casinos that Payout Real Money
RTP numbers vary from site to site, but if you come across a high payout casino, this doesn’t necessarily make it the best one to play at. It’s important to look for other things such as the ones described above, too: games and game quality, software developers, support service, and bonuses.
When checking games, you can also find the RTP to see which one is most promising. Here is the average RTP of some of the most played casino games:
- Slots usually range between 92-98%, but some go even higher than this
- Craps go around 98.6%
- American Roulette ranges between 94-95%
- Baccarat and some variants have an average RTP of 98.9%
- Blackjack variants can get up to 99% or higher
- Video poker games can go around 99.5%
Banking Options for the Fastest Payout
When you win money, you have a huge impact on how soon you’ll get them because in most cases, it is you who chooses the deposit and withdrawal methods. Some options are simply slower than others, and no casino is to blame for it. For example, bank transfers can take days to be processed on behalf o your bank, which means that the casino is not at fault if you get a delay.
As long as the website processes your withdrawal request fast, the rest is up to you. The most popular methods used in Canadian casinos these days are Visa and MasterCard credit and debit cards, as well as e-wallets like PayPal, Skrill, and Neteller.
If your account is verified and you gamble at a safe, fair casino that approves requests fast, you can receive your money within a day or even a few hours by using e-wallets. In the case of cards, it usually takes up to a few working days to get your money.
Regulatory Bodies to Review the Payout Percentage in Canada
Reputable casinos with great reputations are not just licensed, but also regulated and frequently audited for fairness. There are several regulatory bodies that are known to be most fair in the gambling industry. If you see their seal on a website, it means that it is a trusted, frequently checked, and fair sites to play at. Bodies like eCogra check the payout percentage of casino sites, test and verify them before they claim them 100% legit.
Here are the top 3 regulatory bodies to look for today:
eCOGRA is based in London and is an internationally approved agency for player protection and casino testing. It’s widely recognized across the globe and renowned in Canada. The company has a long-standing reputation in the industry starting from 2003, when they introduced the first self-regulation, formal program in the online gambling industry.
GLI or Gaming Laboratories International is one of the leading certification and testing brands in the industry. They have an unsurpassed range of tools and services aimed at suppliers, operators, and regulators.
iTech Labs is a certified (ISO/IEC 17025) testing laboratory and a world leader in certification and evaluation of online gaming systems. They work with casinos and gaming operators and developers to check for quality, fairness, and payout percentage.
Pros and Cons of Gambling at the Highest Paying Online Casino Canada Sites
It seems like a website that pays out often and big is the obvious choice, but this is not always the case. Here is a list of pros and cons to clear this up.
- Gives you the biggest chances of winning
- Well-rated sites offer big, frequent, but also fast payouts
- You can find plenty of games, including jackpot and live titles on such websites
- Usually they offer grand welcome bonuses for when you join them
- Not all sites with high payout percentage are a great choice for you
- You must pay attention to how fast they process withdrawals before you start gambling, even if a site has a high payout number
- These are very rare in Canada
Top Rated Choices: 10 Best Paying Online Casino Slots
Games with high RTP are very popular with Canadian gamblers. Still, even if a game doesn’t have a huge RTP, it can still be an amazing choice for you.
Nevertheless, here is a list of 10 high payout slots to look for:
- Ugga Bugga by Playtech with 99.07%
- Monopoly Big Event by Barcrest with 99%
- Ooh Aah Dracula by Barcrest with 99%
- Mega Joker by NetEnt with 99%
- Tropic Reels by PlayTech with 98.9%
- Jackpot 6000 by NetEnt with 98.86%
- Uncharted Seas by Thunderkick with 98.6%
- The CatFather by Pragmatic Play with 98.10%
- Blood Suckers by NetEnt with 98%
- Joker Strike by Quickspin with 98%
Excellent Welcome Bonuses at High Payout Casinos
Bonuses are usually the biggest factor into a player’s decision about picking a website. Welcome promotions are the biggest offers you can find since these are used to attract more people to a site. Websites with fast and high payouts usually have the biggest promotions to offer to their new gamblers. From big match bonuses with small playthrough percentages to free spins or combo of the two, you can find many amazing offers at Canadian casinos today.
Final Thoughts on the Best Payout Percentage Online Casinos
Every Canadian player today dreams of finding a website that pays out frequently, big, and fast. These are the highest payout casinos and they are very rare on the Web. However, they do exist – the websites that can boost your chances at winning, offer you fair and quality play, and shower you with bonuses and promotions. To find such sites, you might need our help, which we are more than willing to provide. The sites that fit this description are on this review site, and you can start gambling on them to enjoy the best chances at winning money.