Best Payout Online Casinos in Canada

What’s the Casino Payout Percentage?

Everywhere around the world, online casinos must meet a minimum payout percentage set by the governing bodies in that region. In most cases, the average payout is over 80%. Of course, casino payouts can vary, especially when it comes to the games they offer. Slot casinos usually have higher payout percentages than a roulette casino site since slots tend to have high RTP.

If you’re wondering what the casino payout percentage is, you’re not alone. To put it simply, these percentages are also known as RTP which explains the average payout for every C$100 wagered on average. Of course, this isn’t a surefire return for all games. There are many factors in play that can decide the casino payout percentage. It’s the expected return players should get over time and it is closely related to the type of game you’re playing. If you’ve ever spun slots online, you have surely heard about their RTP. It’s the simplest example of a payout percentage you can follow to understand how it works in every best payout online casino in Canada.

RTP Explained

RTP is a commonly used term in the world of iGaming, especially when it comes to online slots. In the simplest terms, it indicates the rewards you can expect when spinning slots. Of course, it’s not that simple, and doesn’t promise guaranteed returns over time. The amount is calculated over a larger number of bets in the form of a ratio or payout percentage based on the rewards won on a particular slot. The numbers you’ll see related to the casino payout ratio on average in 2024 are often over 95%. This is essentially the likelihood of your shots to win based on the previous wins on that slot game. By learning the RTP, a player knows how often a slot pays. It allows you to take a calculated risk which is of key importance when gambling online. This percentage can also be applied to online casinos. The highest payout online casino will have a higher RTP, meaning that it has paid players nicely before. Of course, this depends on the casino games it offers and how fair it is. If you take a look at our recommended list, you’ll find the highest payout casinos you can find online in Canada, so don’t think twice about joining them.

How Are Casino Payouts Calculated?

It’s easy to just join a best online casino that we recommend – that’s our gift to you. However, for those who want to go deeper, you should keep in mind that online casino payouts are calculated in a complex manner. Don’t worry – we’ll try to break things down easy for you.

• Just like in slots, the RTP return to player percentage of an online casino shows how often players win overall.
• If a casino brags about its 95% RTP, it means that it pays around C$95 on every C$100 played.
• Of course, this is only for orientation. RTP is only true in the long run over periods of weeks, months, or years.
• The short term and long-term experience payout performance of the games are key for calculating the possible returns.
• Highest payout casinos are your best shot at winning. They usually have games with high RTPs players have won often.
• In these casinos, the payout is calculated by the average of all wins. If that number hits over 95% and the casino proudly displays it, you’ve got yourself a winner.

Can You Really Win in Online Casinos?

Who says you can’t? We have thousands of winners that can say otherwise. The top payout online casinos are not that different from online casinos. As long as you pay for cash, you will win cash – that’s a guarantee. Of course, there’s no promise that you’ll win anything, but you can still win real money if you’re lucky or you’re good at games of skill. The great news about casinos with best payouts in Canada is that you even have time to practice. Many of the games, especially slots, are available for free. This means that you can try all games in a top payout casino and choose what suits you best. As you may already know, not all of them will pay the same, so it would be wise to choose carefully. A highest payout casino will give you great chances to win cash when playing for real money. Regardless of the size you win, the casino payout percentage really matters, so if you like to win, you’ll go for the best payout casinos and settle for nothing less.

What Happens When You Win?

When you win, you will have the funds transferred to your account. These winnings can be cashed out under certain conditions. The best payout online casino in Canada will have different failsafes that will prevent you from just taking your money and running with it. This goes double for winnings you’ve accrued with a welcome bonus. The winnings from a welcome bonus, for example, are not available for cashout if you haven’t met the wagering requirements. This means that you will most likely need to wager the deposited funds 20, 30, or whatever times the best payout casino sets as a goal before you can get your money. In many casino sites with the best payout rates you won’t be able to withdraw your winnings unless you use the same method you used to deposit. The best payout online casinos will also require you to verify your account before you can cash your winnings out. You’ll be required to send personal documents to the casino including proof of ID, address, and other documents that will identify you as the real player behind your account. This is especially true for new players at casino websites with a high payout rate. If you want a quick payout, you will need to have your profile verified.

Once that’s out of the way, you just need to choose a withdrawal method before you get your money. The best payout casino will complete the process instantly or in up to 24 hours. Keep an eye on the processing times at casinos or you’ll be waiting for your money to arrive in days or worse, weeks.

Pros and Cons of Fast Payout Online Casino Canada Sites

Facts About the Bests Payout Online Casino Sites

The best payout online casino Canada will have a high payout rate, meaning that it pays more than the competition. The higher the number, the better your chances to win. Of course, no casino with a high payout percentage promises winning, but you should go for those with a best payout rate. The good news is that we have a list of every best payout online casino Canada so you can get the crème de la crème in this niche. These feature the top games, payment methods with lightning-fast payout speed, and other bells and whistles that amplify the experience.

Which Game has the Best Payout?

As mentioned, each casino game has a different payout rate. The top payout casino games may be slots, but there are plenty of games of skill that fall under the same category. When you choose a best payout casino, you will surely find many of the highest-paying gambling games on offer. These include classic and exotic blackjack, roulette, and poker variants, as well as baccarat and slots.

Top-Paying Blackjack Games

Online blackjack is one of the best table games you can play on the Internet. Find it in a best payout online casino in Canada, and you’ve got a great shot at huge wins. The most popular variants include:

• European blackjack
• Single Deck Blackjack
• Double Exposure Blackjack
• Mobile Blackjack

There are plenty more variants when it comes to the game of 21 with best payouts that you shouldn’t miss, but these are by far the best.

Online blackjack tables usually pay 1:1 on a win, and 2:1 for a natural. There are tables that pay 3:2, but don’t be fooled by the numbers. You will lose on these in the long run. The highest payout online blackjack games are those with side bets. These are bets you place in addition to the main one where you can win money on odds as high as 50/1 or beyond. Make sure to check live casino blackjack variants – some of them can pay big money. Of course, that payout means nothing if you don’t choose a best payout online casino. We have the top blackjack sites on our list, so make sure to pick from it.

Top-Paying Poker Games

Poker is one of the most popular casino card games of all times. It’s right there with blackjack in terms of popularity, and the great thing about it is that there are many variants. When it comes to the house edge, there isn’t any since this is a game of pure skill. Casinos make money on poker by charging small fees for hosting games and taking a rake out of each pot.

The great news is that certain video poker games with a fat pot have a pretty great payout rate. You’ve surely read articles of stunning poker wins in online tournaments. Those are real, but it takes a lot of practice before you can dream of such big wins. Video poker’s payout percentage remains pretty solid, especially for high rollers. With numerous fun variants available at every best payout online casino Canada, you ought to try it. Besides video poker, we also recommend live casino poker variants that simulate a real-life experience.

Top-Paying Roulette Games

Together with blackjack and poker, roulette forms the Holy Trio of casino gaming. The roulette wheel is even more popular online thanks to the innovative variants everyone can enjoy. It goes double for live dealer roulette wheels with side bets and unique gameplay that can pay sky-high wins.

• The top payout online roulette game is the European wheel. It has a single zero unlike the American wheel and a house edge of 2.70%. The top payout online on these tables is 35/1 on a single number. You can also bet on groups of numbers but at significantly smaller payouts. Of course, the chances of hitting a single number are pretty low, but with the right strategy, you have a nice shot.
• When it comes to the top roulette wheels with a highest payout percentage online, you must avoid the American variant. It’s a wheel with two zeros that almost double the house edge to 5.26%. You stand a better chance for a best payout with the European wheel, so stick to those variants.

Make sure to check out live dealer roulette wheels too. Evolution Gaming is a specialist when it comes to them, offering unique variants such as Lightning Roulette that can pay over 500 times your bet. Live casino games usually have high online casino payout rates, so if you want to play and win, they are your best bet. Keep in mind that live casino table games including roulette can only be played for real money.

Top-Paying Baccarat Games

Online baccarat is a game of chance with only three outcomes. The player bet has a payout rate of 1/1, the banker bet pays 19/20 with a 5% casino commission, while the tie pays the most at 8/1, but is least popular as it almost never hits.

The 1.01% payout percentage on the banker bet makes it most advantageous for Canadian players. The best payout online casino Canada websites will offer a slew of baccarat variants where you can win solid sums of real money if you’re lucky. Baccarat is a pretty fun game to play, so if you’ve never tried it, play for free and see why players love it.

Top-Paying Slots

Online slots rule the online gambling industry – that’s a fact. They’re also among the highest payout casino games, especially when it comes to those with skyscraping RTP. However, the payout on slots doesn’t factor in the RTP only. When it comes to video slots, you also need to consider volatility. Instead of getting all technical, we’re just going to say that the higher the RTP, the lower the volatility (and vice versa). The top payout online slot machines have an RTP return to player percentage of over 96%. Since they are all a game of chance, you will have to bet substantially in order to hit a big win. Of course, there’s always a chance you’ll hit a jackpot on the first try, but it’s pretty low. Even if there’s no jackpot in a slot game such as Book of Dead, the payout rate is fantastic and the game deserves your time and real money. Book of Dead is one of the top slots of all time and that’s not without a reason. If you want to win a great amount of money, the Book of Dead slot is a great choice. Of course, you’ll need a best payouts casino for it in order to collect your winnings ASAP. Here’s a portion of the best payout online slots you can play right now:

Top-Paying Progressive Jackpots

There’s another category of slots you should also consider in regards to top payouts rate – progressive jackpots. These are the top payout slots in the industry with lower-than-average RTPs. Legendary titles such as Mega Moolah may have a lower return-to-player percentage, but their payouts are legendary thanks to the jackpots where the RTP return to player percentage rises significantly. With these jackpots, the pot isn’t fixed. Instead, a tiny amount of money from each bet made on it contributes to the progressive jackpot. One lucky player can win it all on a single bet, after which the amount is reset. Below you can see the top payout online jackpots you should definitely try.

Payments at the Best Payout Casinos Canada

The availability of different payment options and payout speed at a best payout online casino is of key importance. After all, you’ll want to get your hands on your winnings ASAP. This can only be done if the casino accepts reputable payment providers with fast payout speed and low to no fees. The highest paying online casinos certainly have them all, including Canada-friendly payment methods you can use with ease to deposit and withdraw.

Wondering what fast payouts you can use in Canada? We’ve got you covered. The options below are accepted at every best payout online casino in the country and are widely considered the top choices. Among them are a few Canada-focused payment providers you can use for effortless payments. Of course, their payout speeds are blazing-fast so you’ll never wait for the money to land for long.

• Instant bank payments

  many banks in Canada will allow you to make instant online casino payments. You can check if yours offers such a service with ease by getting in touch with the customer support team. If a best payout online casino accepts instant bank payments, they are the safest way to deposit. In most cases, instant bank transfers also have the highest deposit/withdrawal limits too. The payout speed is a problem, but that’s the price you pay for security.

• Credit/debit cards

  credit and debit cards such as American Express, Visa, Mastercard, and Maestro are among the most common payments you can use at the top payout casinos. Nearly every player has such a card, with most being issued by banks. It’s the easiest and most convenient way to deposit money into a casino online. Their payout speed may be slower, but you’re using a top payment option with all the safeguards you can think of.

• E wallets

  these are the next best thing if you don’t have a bank account. E-wallets allow new players to fund their accounts in different ways and deposit in casinos online. The best payout online casinos will accept Canada-friendly e-wallets such as MuchBetter which feature fast payout speed and reasonable limits.

• Cryptocurrencies

  cryptos are new on this list, but nonetheless great to use. While the number of crypto casinos is still small, many Canadian new players can use Bitcoin and other coins to deposit and withdraw from best payout casinos instantly. The payout speed for cryptos is off the charts, with transactions completed in seconds.

Fastest Deposit Methods at the Top Payout Casinos

The best payout casino will have a bunch of instant deposit methods such as MuchBetter or Interac. These two are the top digital payment method options for Canadians, and there’s a great chance you’ve used them too. The best payout online casino will also feature plenty of other fast payment options, with these two as the highlights. Keep in mind that cryptocurrencies have lightning-fast payout speed as well. The best payout online casino Canada sites will accept cryptos such as:

• Bitcoin
• Ethereum
• Litecoin
• Interac

• Neteller
• Skrill
• Trustly
• and many more

As mentioned, you should always stay away from sites we don’t recommend on our pages. If there’s no casino review on our website, our experts have probably determined it isn’t worth the risk. Stick to the best online casinos in Canada on our list – they appear on that list due to many factors. A top online casino recommended by us will never be rogue.

Fastest Withdrawal Methods at the Best Payout Online Casino Canada Sites

When you play casino games at the best payout online casino Canada such as JustSpin, 21.com, or NeonVegas, you will surely win something in return for your bets. You will want to get your hands on that money ASAP, and the good thing is that you can. The majority of the best payout online casino Canada sites will have a closed-loop policy that only allows you to collect your winnings with the deposit method used previously. That’s a security feature so no one else cashes out your hard-earned winnings. The fastest possible banking options at the best payout online casino Canada sites will be e-wallets. They come packed with security features and don’t require a bank account, so you’ll be hard-pressed to find a better option. And you also have to consider the fact that their payout speed is way better than bank transfer or credit/debit cards. Fast cash outs matter, no matter what anyone says.

Of course, you should also check the withdrawal limits first. The best payout online casino Canada gaming websites will list the withdrawal limits on the Cashier page, so you can know what you’re getting into right away.

How to Cash Out at a Best Payout Online Casino?

Cashing out from the best payout online casino Canada sites is very easy. If you need help, the instructions below will lend a hand.

• Register first

  Sign up at a casino with a best payout rate by choosing one from our list.

• Make a deposit with your favorite payment method

  Choose Interac, MuchBetter, or any other option and fund your account.

• See if there’s a welcome bonus to claim

  Welcome bonuses are common in casinos, so get yours right away. Just ensure that the wagering requirements are fair.

• Play your favorite casino games

  Spin your fave slots or play the top casino games such as roulette and blackjack to win.

• Head to the Cashier/Payments/Withdrawal page

  Choose your favorite withdrawal method and enter the desired amount.

• Click on withdraw

  You should have your money ready in just a few hours!

Importance of License in Fast Payout Online Casino Websites

As usual, the license plays a key factor when you’re choosing a best payout online casino. The fast payouts won’t matter at all if the casino is not licensed. This is why you should only seek casinos that are licensed by the top governing bodies in online gambling, including the MGA (Malta Gaming Authority) and the UK Gambling Commission. These governing bodies regulate offshore casino websites with high payout rates. Many of these accept CAD and Canadian new players too, so you shouldn’t have trouble finding the best. If you want licensed and regulated gaming sites, you’ll stick to the BetPoint Group network and join sites such as 21.com or JustSpin.

How We Review the Best Payout Online Casino Canada Sites

Ranking and reviewing the best payout online casino Canada websites is not an easy job. However, someone needs to do it, and we won’t leave you wandering the Internet for hours alone. Many of the best payout online casinos will claim they have a payout rate of 99%, but we’re here to verify if those claims are true. To do that, we have strict criteria and follow guidelines that allow our team of experts to check those claims. The top criteria are below:

• License is key. Before we even start, we check the casino’s legality. If it’s not regulated by the top governing bodies, we don’t proceed with our review – it’s a waste of time. We also ensure that the license number at the bottom of the website isn’t just a random string of numbers. That can be easily checked online, and we verify every best online casino Canada in that way.
• Security is vital too. After checking the license and security measures implemented, we head to the Cashier or Payments page. The highest payout online casino will feature several banking options with fast withdrawals. That’s the whole point of these sites, so it’s a key criterium in our casino reviews.
• Fast payment methods. We also test the fastest payout online casino payment methods to see if they’re fast indeed. If we hit any snags, we get in touch with the customer support team.
• Casino games. Of course, the casino games are another essential part of our best payout online casino reviews. A good gaming site will have thousands of casino games with a top payout rate we can gladly recommend.
• Bonuses and promotions. We then check the promotions area and see how good the welcome bonus is. Of course, all the other offers are taken into consideration as well, but we believe that a good welcome bonus makes the best impression.
• Tournaments and rewards. Besides the welcome bonuses and promos, we also check for tournaments that are a great way to boost your bankroll and play high payout casino games.

Best Payout Online Casinos – FAQ