Best Payout Online Casinos in Canada

Picking the best payout online casinos is an amazing way to maximize your odds of winning. However, this is easier said than done, especially given that the Canadian market is flooded with online gambling sites to choose from.

That being said, this page aims to provide you with all the information about the best casino payouts. Here, we will delve into the meaning of RTP, identify the online casino with the best payouts, and explain what it entails for you to gamble on such sites.

List of the Best Payout Online Casinos

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Table of contents

    Best Payout Casinos

    Understanding Payout Percentages

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    In the gambling industry, there’s an 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, otherwise known as Return-to-Player (RTP), is determined by comparing the amount paid out to the number of bets placed. In essence, it signifies how frequently a player wins compared to the total bets made on the site.

    This percentage can be calculated on a casino-wide or game-specific basis. That being said, a site can indeed offer the best payouts, making it a very promising place to gamble. However, you can enhance your chances even further by selecting games with high payout percentages.

    What Is the Best Payout?

    There is no fixed threshold that distinctly separates an average payout percentage from a high one. Generally, the payout closest to 100% is considered the most favorable. Payouts above 97% are typically regarded as excellent, and percentages above 95% are still considered quite strong.

    What is Considered to Be Low Payout?

    Websites with infrequent payouts often exhibit a higher percentage that hovers around 90% or even lower. These sites undoubtedly do not qualify for inclusion in the roster of best payout casino sites in Canada, given the clear and significant reason that their house edge is exceedingly high.

    The 5 Best Paying Online Casinos in Canada

    You need not exert yourself in the quest to find the best online casino payout sites in Canada, especially since we are here to inspect the available websites on your behalf. In a broad sense, the following are currently the leading online casinos in terms of payouts:

     Casino RTP – Payout Percentages
     Jackpot City Casino + 150 free spins highest payout casino – 97.77%
     Spin Casino + 100 free spins 97.43%
     Ruby Fortune 97.24%
     Royal Vegas highest payout casino games – 97.06%
    Bob Casino  96.92%

    How We Select the Best Canadian Online Casino Payouts Sites

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    The roster of top-paying online casino sites in Canada remains subject to change at any given time. We engage in regular and continuous assessments of websites and their attributes to ensure that you receive up-to-date, real-time information. Here’s our approach to determining the optimal sites for your use.

    Welcome, No Deposit, and Other Bonuses

    Engaging in online gambling offers a substantial advantage: the opportunity to indulge in a range of bonuses and unique features. Casinos extend a warm welcome to players with enticing bonuses, comprehensive packages, frequent promotional offers, and occasional deals.

    To guarantee that a website aligns with your preferences, we conduct assessments not only of their promotions but also of the associated wagering requirements. We furnish you with comprehensive information about the welcome package and its terms, ongoing promotions, and the benefits you can accrue by joining their loyalty program.

    Jackpots at the Best Paying Online Casino Sites

    Jackpots typically represent the pinnacle of potential winnings within the realm of online casinos. Platforms that consistently provide substantial and frequent payouts often feature a multitude of jackpot games, accompanied by robust security measures and a commitment to equitable gameplay. Our assessment includes an examination of the available jackpots on a site and the mechanisms by which you can qualify to claim them.

    Loyalty Programs and Perks

    Should you establish a pattern of regular engagement, it’s likely that the casino will extend an invitation for you to join their ranks as a VIP player. In an effort to acknowledge your loyalty and maintain your patronage on their platform, they’ll extend a variety of incentives. Our evaluation encompasses an examination of the entry criteria for their loyalty program and a comprehensive overview of the benefits awaiting you once you’ve gained access.

    Software and Games Found at the Best Payout Online Casino Canada

    The quality of gambling and the payout percentage of a casino are significantly influenced by the range of games available. A site that hosts games with high Return-to-Player (RTP) percentages or frequently played jackpot titles tends to deliver an exceptional gameplay experience alongside attractive payouts. Naturally, exceptional games are often crafted by renowned software developers. This is precisely why our evaluation process involves meticulously examining the roster of choices, actively seeking prominent names such as Microgaming, NetEnt, Evolution Gaming, and others.

    Licensing and Security

    In order to establish the safety of the casinos for players, our assessment encompasses thorough evaluations of licensing, security protocols, and reputation. If any information appears elusive, we take the initiative to engage with customer support to gather the necessary details. Within our reviews, you’ll discover comprehensive insights into regulatory entities, licensing authorities, and the ownership structure of the specific casino in question. It’s important to note that only platforms that hold valid licenses, meet approval standards, and maintain a secure environment find their way onto our list of endorsed sites.

    Games at the Best Online Casinos that Payout Real Money

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    While RTP values indeed exhibit variations from one site to another, encountering a high payout casino doesn’t automatically designate it as the best choice for gameplay. It’s imperative to consider additional factors outlined above, including game variety, game quality, software developers, customer support, and available bonuses.

    When assessing games, you can also refer to the RTP to gauge their potential. Below are the average RTP percentages for some widely-played casino games:

    • Slots generally span a range of 92-98%, although some surpass this upper limit.
    • Craps tend to hover around 98.6%.
    • American Roulette typically falls within the range of 94-95%.
    • Baccarat and certain variants boast an average RTP of around 98.9%.
    • Blackjack variants can reach an impressive 99% or higher.
    • Video poker games commonly feature RTP percentages around 99.5%.

    Taking these numbers into consideration can aid in making informed decisions about gameplay.

    Banking Options for the Fastest Payout

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    The swiftness with which you receive your winnings is greatly influenced by the chosen deposit and withdrawal methods, as you typically have the liberty to select these methods. It’s important to recognize that certain options naturally entail longer processing times, and this delay is not attributable to the casino itself. For instance, bank transfers might necessitate days for processing, contingent on your bank’s procedures, making it clear that any delay isn’t the fault of the casino.

    Once your withdrawal request is promptly processed by the website, the subsequent timeline is under your control. Presently, the most widely favored methods in Canadian casinos encompass Visa and MasterCard credit and debit cards, along with e-wallets such as PayPal, Skrill, and Neteller.

    Given that your account is verified and you’re engaging with a secure and equitable casino that expediently approves withdrawal requests, utilizing e-wallets can potentially yield your funds within a single day or even a matter of hours. In the case of credit and debit cards, the waiting period generally spans several working days before your funds are accessible.

    Regulatory Bodies to Review the Payout Percentage in Canada

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    Esteemed casinos, backed by solid reputations, aren’t solely licensed; they’re also subject to regulation and frequent fairness audits. Various regulatory bodies are well-regarded for their impartiality in the gambling industry. When you encounter their seal on a website, it signifies a trustworthy, regularly scrutinized, and equitable platform for gameplay. Entities like eCOGRA assess the payout percentages of casino sites, rigorously testing and verifying their legitimacy before endorsement.

    Here are the foremost three regulatory bodies to look for today:

    1. eCOGRA: eCOGRA, headquartered in London, holds international recognition as a player protection and casino testing agency. Its reputation extends globally and holds particular prominence in Canada. The organization has maintained a strong industry presence since 2003 when it introduced the online gambling industry’s pioneer self-regulation and formal program.
    2. GLI (Gaming Laboratories International): GLI, a standout certification and testing entity, is among the industry’s leading brands. Their comprehensive suite of tools and services caters to suppliers, operators, and regulatory bodies, offering unmatched solutions.
    3. iTech Labs: iTech Labs holds ISO/IEC 17025 certification and serves as a distinguished testing laboratory and global leader in evaluating online gaming systems. Collaborating with casinos, gaming operators, and developers, they ensure quality, fairness, and accurate payout percentages.

    Pros and Cons of Gambling at the Highest Paying Online Casino Canada Sites

    It might appear that a website offering regular and substantial payouts is the automatic best choice, but this assumption doesn’t always hold true. To clarify matters, here’s a list of advantages and disadvantages:

    Pros:

    1. Enhances your likelihood of winning significantly.
    2. Well-rated platforms provide sizable, frequent, and expeditious payouts.
    3. Abundance of game options, encompassing jackpot and live titles.
    4. Typically, these sites extend generous welcome bonuses upon joining.

    Cons:

    1. Not all high payout percentage sites are ideal for every player.
    2. The speed of withdrawal processing requires careful consideration before initiating gameplay, even if a site boasts a high payout percentage.
    3. Such sites are relatively scarce in the Canadian gambling landscape.

    This list highlights that while high payouts are appealing, other factors like game variety, withdrawal speed, and overall suitability should also play a pivotal role in selecting the right platform.

    Top Rated Choices: 10 Best Paying Online Casino Slots

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    Games boasting high Return-to-Player (RTP) percentages hold great appeal for Canadian gamblers. However, even titles with relatively lower RTPs can offer an excellent gaming experience suited to individual preferences.

    That being said, here’s a list of 10 high payout slots worth exploring:

    1. Ugga Bugga by Playtech with an RTP of 99.07%
    2. Monopoly Big Event by Barcrest with an RTP of 99%
    3. Ooh Aah Dracula by Barcrest with an RTP of 99%
    4. Mega Joker by NetEnt with an RTP of 99%
    5. Tropic Reels by PlayTech with an RTP of 98.9%
    6. Jackpot 6000 by NetEnt with an RTP of 98.86%
    7. Uncharted Seas by Thunderkick with an RTP of 98.6%
    8. The CatFather by Pragmatic Play with an RTP of 98.10%
    9. Blood Suckers by NetEnt with an RTP of 98%
    10. Joker Strike by Quickspin with an RTP of 98%

    This selection highlights various high RTP slots that can provide engaging gameplay experiences.

    Excellent Welcome Bonuses at High Payout Casinos

    Bonuses often stand as a pivotal consideration for players when selecting a gambling website. Among these, welcome promotions hold particular significance as they are designed to draw in new users. Platforms that prioritize fast and substantial payouts often accompany these with the most noteworthy welcome offers to entice new players. These promotions range from substantial match bonuses coupled with minimal playthrough requirements to enticing combinations of free spins and other benefits.

    As of today, Canadian casinos feature a plethora of remarkable offers, catering to diverse preferences and inclinations.

    Final Thoughts on the Best Payout Percentage Online Casinos

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    In the current landscape of Canadian gambling, every player aspires to discover a website that combines frequent, substantial, and swift payouts. These elusive platforms, recognized as the highest payout casinos, do exist in the online realm albeit in limited numbers. They represent the pinnacle of enhancing your winning prospects, providing an environment of equitable and top-notch gameplay, and inundating you with enticing bonuses and promotions. Identifying such exceptional sites might necessitate assistance, and we’re fully committed to offering that help.

    The sites that align with this description are meticulously reviewed and featured on this platform. Embarking on your gambling journey with these sites promises you the optimal chances of winning money while reveling in an unparalleled experience.

    FAQ

    What does ‘house edge’ mean?
    House edge refers to the percentage of earnings retained by the casino, while RTP represents the percentage of total bets paid out to gamblers. Websites with higher payouts generally have a lower house edge.
    Can I win more money or more often at sites with the highest payout percentage?
    Yes, while not a strict rule, websites offering more frequent and substantial payouts to players tend to provide better odds for greater and more frequent wins.
    Can I get a fast payout no matter how big my withdrawal amount is?
    Generally, for larger winnings, casinos often require verification and might split withdrawals into smaller increments. Nevertheless, reputable sites still offer the possibility of fast withdrawals.
    What’s the minimum amount to withdraw at the best payout online casino sites?
    Minimum withdrawal amounts vary based on factors like your gambling location and selected withdrawal method. Some sites permit withdrawals as low as $10, while others may require minimums of $20, $50, $100, etc.
    Do I have to use the same method I used to deposit when I withdraw money from casinos?
    Casino policies differ, but most often, casinos prefer players to use the same withdrawal method as their deposit method. While it's possible to request a change, this alteration could potentially lead to a slight delay in withdrawal processing.
    How can I learn about a game’s RTP?
    Some Canadian sites readily display each game's RTP for players. Alternatively, if it's not available on-site, a simple online search using the game's title followed by "RTP" will yield the desired percentage.

    About author

    Author: Emmet
    Games Developer, Casino Games Lover and Chief Editor at Bestpayoutcasino.org - Know everything about Return to Player (RTP) percentage.
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