Top 15 Best Payout Online Casinos in Canada
Every gambler wishes that they could land those winning symbols or get the right cards and numbers on casino tables. When you play at the best online casinos that payout most frequently and high sums - it increases your chances of winning money. This is what this review is all about – to tell you about the best-rated, high payout online casinos in Canada, evaluated and ranked based on our strict criteria.
This review is all about assisting gamblers in finding quick payout online casinos that are safe, offer many gaming choices, but also give you big and fair chances to win money. Online casinos that payout fast are famous casinos, and the frequency of players give you amazing chances to claim big winnings – and often. Let’s see what those sites offer and where you can find them.
Best Payout Online Casinos in Canada
22bet
1st Deposit Bonus 100% up to $450
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98.39%
Cat Casino
Welcome pack 325% + 150 Free Spins
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97.56%
Vegas Lounge
50% cashback up to $400
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97.12%
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How We Rate Best Payout Casinos
An online casino needs to fit many of our criteria to be ranked as a top paying casino. This is based on how often and how big they pay out gamblers, but also on other factors. When we evaluate sites based on online casino payouts, we rank them based on the following:
Security and Safety for Gamblers
For starters, the best payout online casino in Canada must be a safe place for you to gamble. They must use SSL encryption or similar security technology to keep your data and payments safe. Being audited and approved by regulatory bodies like eCogra gives them extra points, too.
Versatility in Game Categories and Game Quality
You should have a lot of fun when gambling on the highest payout online casinos. Not only do they offer frequent payouts, but gamblers can choose between thousands of slots, table and card games, live casino tables, and more.
Various Banking Options for Deposits and Withdrawals
When you get your winnings, you want to withdraw them fast. When you’re ready to gamble, you need a method that will deposit your funds instantly and allow you to play right away. This is why we search for sites with various banking methods, including fast and free options.
Professional Customer Support Service
In case the player has questions or troubles with the sites, bonuses, or anything else, the support must be there to assist them. We only rank sites highly if they have a non-stop accessible, professional support service.
Big Bonuses with Good Wagering Requirements
Bonuses can easily be found online, but not all of them come with good wagering requirements. We carefully check every available bonus offer to determine if the casino in question has quality offers. From welcome bonuses to free spins, we’ll tell you which sites have the best promotions.
Quality Website Design and Easy Navigation
Great casinos are simple to navigate, offer all the information at your fingertips, and have an attractive design. We evaluate all this while checking out their offers and features.
What Is Return to Player (RTP)?
Return to player or the RTP percentage, is an average percentage of the money returned to players over time. For example, if a gambler plays on a machine with an RTP of 95%, which is considered a high percentage, they’ll get around $95 in wins if they bet $100. Of course, this is not definitive, but an average percentage. The higher the RTP, the more frequent that game’s payouts.
How is the Payout Percentage Calculated and What Affects It?
Theoretically, the RTP calculation is pretty straightforward. It goes as follows:
The amount returned to players / the amount wagered by players = the RTP.
Of course, this points out to the average percentage which makes it misleading in some cases. Many players rush at the opportunity to gamble on games with high RTP expecting to get that precise amount in return. This is not necessarily so. This percentage is achieved over a period of time.
Generally speaking, the RTP of various casino games goes like this:
- Blackjack and Baccarat around 98% – 99%
- Caribbean Stud poker – 94.78%
- Craps games – over 99%
- Keno – around 75%
- Slot machines – between 90% and 99%
- Roulette – around 97% – 98%
Naturally, not all games and their variants fall under these ranges. You might come across a blackjack variant with much lower RTP but higher potential wins, or a slot machine with RTP that goes below 90% but offers a huge jackpot. In the end, it all comes down on how much you are willing to bet and what’s your preference.
What Does ‘House Edge’ Mean?
House edge, or otherwise known as vigorish, is the profit of the casino based on the original bet of the players. Compared to the RTP which gives you better winning odds if it is higher, a lower house edge is better for the gambler.
Who Reviews Highest Payout Casinos?
To ensure safe gambling for players in Canada and worldwide, highest payout percentage online casinos often request the auditing and approval of trusted regulatory authorities in the industry. A seal from third-party authorities that are trustworthy in the gambling world sure gives a website a ranking as a top payout online casino. Why? It’s because such bodies check the fairness and RTP in games, and confirm that players can expect good odds and fair play when they gamble. Such authorities include:
- eCogra
- GLI or Gaming Laboratories International
- iTech Labs
- SQS
- TST
Naturally, the casinos must also have a legit license to operate legally and safely.
Even casinos have their payout percentage based on how frequently their gamblers win. That being said, here is a short list of the best payout online casinos in Canada:
- Casino Cruise 95.32%
- Jackpot City Casino 96.33%
- Spin Casino 96.34%
- Maneki Casino 97%
- 7Bit Casino 97.11%
- Royal Vegas Casino 97.11%
- Ruby Fortune 96.67%
- Lucky Nugget Casino 96.84%
- 888 Casino 98.25%
Categories of Online Casinos That Payout Real Money Often
Online casinos that payout instantly and offer frequent wins to gamblers can come in many shapes and forms. We’ve found that the top-rated sites, the ones that deserve the highest spot in our list fall in almost every one of these categories. Let’s see what categories exist.
Mobile Optimized Top Paying Online Casino Websites
As a rule, we only consider a website a good choice if it is mobile optimized. Most Canadian gamblers today want to do at least some of their gambling on their mobile. It’s convenient and they can do it from any location, which is why we search for optimized websites. Every modern and popular site will have at least its browser version optimized for Android and iOS devices. Some even have an app.
Top Paying Mobile Optimized Casinos
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Live Dealer High Payout Casinos
Live dealer games are now more popular than ever in Canada. That being said, casinos that have such a section have a huge plus with us. Some of the biggest payouts occur on live dealer tables
High Payout Live Dealer Online Casinos
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Best Online Casinos That Payout Real Money
You should be able to play games in demo version on casino sites, but the idea is to gamble for real cash and claim actual winnings. We only consider websites that offer fair play, real money, and fast payouts to their players.
Top Rated Online Casinos That Payout Real Money
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New Casinos with High Payouts
New casinos join the market every day, and some prove themselves from the very beginning. They have huge bonuses and offer frequent payouts. Some are even audited and approved by bodies like eCogra, which gives them a great potential to be part of our list.
Newest High Payouts Casinos
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Low Wagering Requirements Casino Sites
Bonuses are only good if they have reasonable and low wagering requirements. This means that you won’t have to do endless attempts to collect your winnings. We check every promotion and the terms attached to it to make sure that you have a real chance of collecting your bonus payout.
Low Wagering Casinos with Best Payouts
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Casinos That Allow for Low Minimum Deposits
For players who aren’t ready to make big deposits just yet, there are sites that allow for smaller deposits also. With many games that allow for low bets, even low rollers can get tons of chances to win real money. On some of the top-rated sites, you can make a deposit of as little as $10.
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The Highest Payout Casino Games in Canada
The best online casinos that payout big sums offer games with high RTP. The average return to player percentages will vary greatly between different sites. If you find the best payout casino, you can increase your chances at winning more often and bigger sums by picking the most rewarding games.
Here is the RTP of different games found at casinos:
- Blackjack – 99.5%
- Roulette – 96.21%
- Baccarat – 98.44%
- Craps – 97.02%
- Video Poker – 95.43
- Slots – 87.95%
- Keno – 86.87%
Blackjack
Formerly known as Vingt-Un, Blackjack is one of the most played games in online casinos today. Not only is this a thrilling card game, but it also offers the highest RTP compared to other categories found at casinos. In this game, gamblers aren’t competing with each other, but with the dealer.
Roulette
Roulette is the game that people imagine when they hear the word ‘casino’. It’s been around since forever, and it has a very good RTP. Naturally, this percentage varies between different variants of the game, including European and American Roulette.
Baccarat
Baccarat is another card game, a very popular one that comes in many variants. It has a really good RTP and is played between the player and the banker. The interesting thing about this game is that you can bet on yourself losing and the banker winning. You can also bet on a tie and on yourself.
Craps
If you are more of a dice game fan, then you’ll definitely love Craps. Offering some of the biggest returns to players, this game allows players to wager against each other or against the bank.
Keno
Keno is now a popular game on the Canadian market, one that resembles lottery titles and can be found at the best-rated casino sites. In this game, players choose numbers between 1 and 80, and 20 of them are drawn at random.
Video Poker
Video poker is basically the digital variant of traditional poker games. For a very long time, poker has been a favorite among many gamblers and today, they can play it on a computerized console that somewhat resembles a slot machine.
Highest Payout Slots Online
Slot machines are the most numerous gaming category at top payout online casinos. These are manufactured by various developers, offer a variety of features, and can come in different designs. If you want to increase your chances at winning at the highest payout percentage online casinos, you might want to try your luck on the slots with high RTP too.
Slot machine/RTP
- Mega Joker by NetEnt – 99%
- Uncharted Seas by Thunderkick – 98.5%
- Mega Moolah by Microgaming – 96.92%
- Tropic Reels by Playtech – 96.8%
- Immortal Romance by Microgaming – 96.8%
- Great Rhino Megaways by Pragmatic Play – 96.58%
How to Play at Top Online Casinos
Let’s say that you found the highest payout online casino to gamble at. How do you proceed to play games and collect winnings? Here’s a short guide on how to gamble at the best payout online casino Canada.
Here we write a short guide how to start playing.
- Find an Online Casino with Highest Payout Percentage
- Sign Up at the Best Payouts Online Casino
- Make Your Deposit
- Start Betting on Your Favorite Games
Scour our list to find the best payout percentage online casinos in Canada and choose one based on your preferences. This is the first and most essential step – to find online casinos that payout fast and are fair, as well as offer you grand bonuses. It’s what our reviews are all about.
Once you’ve narrowed down your choices and picked one, it’s time to register on the website. This is usually pretty straightforward. You just need to provide some personal information such as your name, as well as contact information. Once you do this, you’re ready to start depositing.
The best online casinos that payout real money will offer attractive bonuses to their gamblers. These can be anything from free spins to a no deposit bonus to match deposit-based offer. In this part, you’ll need to pick a deposit method, which is preferably the same you want to use for withdrawals. So, if you prefer using PayPal, look for online casinos that payout to PayPal before you sign up. Learn what you need to deposit to claim the first bonus and start gambling at the best online casinos that payout wins often.
You’ll find that the top payout casinos in Canada online offer a huge list of gaming options for players. Pick your favorite games and start betting with that deposit and bonus you just claimed. That’s it! Now all there is to do is to wait for a win and collect your money at fast payout casinos online.
Conclusion
Gamblers are often searching online casinos easy payout options, but what many don’t stop to consider is the RTP percentage of the sites they are considering. It isn’t just about choosing online casinos that payout same day when you win your money. It’s also about choosing websites known to offer frequent wins to their gamblers, have fair odds and offer safe gambling. Hopefully, this article taught you all you need to know about the fastest payout online casinos for Canadians.
FAQ
- Do online casinos payout more if I deposit bigger sums?
- Not necessarily. Casinos have random number generators, which means that the winnings can hit at any time, and for any gambler. Depending on how much is deposited in a selected game, the casino will return some of that investment to the lucky gamblers.
- Which are the highest payout games in online casinos?
- Right now, Blackjack has the highest RTP compared to other casino games. In some cases, it goes up to 99.54%, but this is only if you play every hand without an error.
- Should I only play slots with high RTP?
- No. Some slot machines, such as for example Mega Moolah, have lower RTP but offer tremendous jackpots that you can hardly find in slots with high percentages.
- Which slot machine has the highest RTP?
- According to our findings, the slot machine with the highest RTP is Goblin’s Cave by Playtech. Its RTP is 99.32%
- Who tracks the payout for online casinos?
- Regulatory bodies such as eCOGRA and GLI audit and check the fairness of games and the overall payout percentage of sites. They give their seal only to approved websites.
- Can I gamble on these websites with my mobile phone?
- Yes. All the top-rated Canadian websites you’ll read about here have a mobile optimized website or an app that you can use on your Android or iOS device.
- What’s the average RTP I can expect on slot machines?
- The majority of slot machines have an average payout percentage between 94% and 97%.
- What is considered a high payout rate at casinos?
- Anything that goes above 95% at online casinos is considered a high payout rate. This applies both to games and websites that offer them.
- How fast can I get my payouts at these casinos?
- We’ve specifically selected the websites that offer frequent and high winnings, but also fast payouts. This will depend on the banking method you choose but in most cases, you can expect your withdrawal request to be approved within 24 hours. Then, it depends on your banking method how much you’ll wait for your funds.