Having made the effort and saved up your bankroll, it makes sense that you want to stretch it as far as possible. To help with this, we’ve listed the most important attributes of the best paying online casinos in Canada.
Top Highest Payout Online Casinos in 2024
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What’s the Best or Highest Paying Casino?
When we speak of the “best payout online casino in Canada”, we’re referring to the platform’s overall Return to Player (RTP). This is the theoretical amount of betting funds that the games return to you as prizes. For example, a casino with an RTP of 96% means that for every $100 you wager, expect to see $96 given back on average. Much comes down to the individual games you decide to play as well as the generosity of the particular casino.
Top 5 Best Payout Casino in Canada
When choosing the best payout casinos, there are some essential things to look out for apart from the payout rate. Things such as banking options and payout speed can all affect your gaming experience.
Casino | Jackpot City | Wildz | PlayOJO | Gaming Club | Leo Vegas |
Payout Rate | 97.84% | 96.50% | 97.86% | 95.62% | 97.63% |
Payout Speed | 2 – 3 Days | 2 – 3 Days | 2 – 3 Days | 2 – 3 Days | 2 – 3 Days |
Number of Payment Methods | 8 | 6 | 8 | 10 | 6 |
Highest Paying Games | Video Poker
(98% – 99%) |
Speed Baccarat
(98.94%) |
French Roulette
(98.65%) |
Evolution Blackjack
(98.45%) |
XXXtreme Lightning Roulette
(97.30%) |
Highest Paying Slot | Hot Link (97.6%) | John Hunter and the
Tomb of the Scarab Queen (96.50%) |
Joker Strike
(98.11%) |
Blood Suckers
(97.99%) |
Book of 99
(99%) |
Jackpot City
With gaming licences from both the Malta Gaming Authority and the Kahnawake Gaming Commission, Jackpot City is a safe and reputable platform that’s available in more than 30 languages.
New players joining the site and depositing a minimum of $10 are rewarded with a welcome bonus worth 100% up to $400 for each of the first four deposits, meaning a total of $1,600. In spite of this generous offer, take note that the playthrough requirements are pretty high at 50x. There are also 10 free spins on the Bonus Wheel with a possible win of $1 million.
You’ll enjoy more than 500 games, including plenty of slots, table and live dealer offerings. However, the vast majority of RNG games come from a single developer, Microgaming, though they do feature their most popular progressives, Mega Moolah and Major Millions. Live games come from Evolution and Ezugi with a total of 80+ games, including 32 tables for baccarat and 16 for blackjack.
Though banking options are limited to just 8, there’s still a reasonable choice, such as credit cards, e-wallets and prepaid vouchers. Finally, excellent customer support is available 24/7 through live chat, phone, and email, making it one of the best paying online casinos in the Great North.
Pros
- Great selection of games
- eCOGRA certified
- Generous welcome bonus
Cons
- High wagering requirements
- Not so many developers
Wildz Casino
Founded in 2019 and sporting gaming licences from both iGaming Ontario and the Malta Gaming Authority, you’ll find a user-friendly Wildz casino site that’s perfectly optimised for both PC and mobile gaming.
It became one the best payout online casinos in Canada thanks to its partnership with some of the top game developers in the world, including the likes of Microgaming, Evolution, Play’n GO, and Thunderkick, plus smaller names like Nolimit City and Relax Gaming. Expect to find your favourite games such as Book of Dead, Mega Moolah, as well as live dealer titles like Monopoly Live and Lightning Roulette. One benefit of playing on the site is that virtually all RNG games are available as free play, meaning you get to try games without spending a cent.
If you’re registering and making a minimum $10 deposit, expect to receive a 100% up to $2,000 welcome bonus, plus 200 free spins. Even better, wagering is a very reasonable 35x. Other promotional offers include cashback, along with a generous loyalty program, “Loyalty+”.
As for payment options, you’ll find Apple Pay, Credit and debit cards, bank transfers with Interac and INSTADEBIT. There are also three e-wallets: MuchBetter, Payz, and MiFinity. The minimum withdrawal is $20 and takes between 2 – 10 working days.
Pros
- 3,000+ games
- Licenced in Ontario
- Great mobile site
Cons
- No dedicated app
- No phone support
PlayOJO
PlayOJO is a colourful and fun casino that offers players from Canada 3,000+ games. These include the latest slots from top developers and feature big hits like Age of Gods, Masks of Fire, and the ever-popular Immortal Romance.
Though there are 49+ RNG table games, the casino really shines with its live dealer section, with almost 100 games. These include both standard fare like Sic Bo, baccarat, blackjack and roulette, but also Mega Wheel and Monopoly Live. To help players have an even better time, the site features extensive reviews of games and slots which goes into great detail with regards to the gameplay and prizes.
You’ll receive 50x free spins on the Thor and the Trials of Asgard slot for the minimum deposit of $10 with zero wagering requirements and no limits on winnings. Banking options cover all the bases including the Canadian Interac, plus more regular stables of Visa, MasterCard, Paysafecard, Payz, MuchBteer, Jetson, and AstroPay.
Your payments are secure thanks to a licence from the Malta Gaming Authority, which mandates cutting-edge SSL encryption. It’s worth mentioning that all the games are regularly audited by iTechLabs to ensure completely random outcomes.
Pros
- No wagering requirements
- 3,000+ games
- Exclusive VIP loyalty club
Cons
- No phone support
- Relatively few banking methods
Gaming Club
A true veteran of the iGaming industry and arguably the best paying online casino powered by Microgaming, Gaming Club has been looking after casino players since 1997. For the security and safety of Canadian gamers, the website has a Kahnawake Gaming Commission licence, along with eCOGRA certification, to prove the fairness of all their games.
Talking of which, expect to find a selection of over 500+ real money games, with the majority of them coming from just a single provider, Microgaming. Newbies can take advantage of the fact that many games feature a “demo mode” allowing them to be played for free.
There’s a two-part welcome bonus with a first minimum deposit of $10, landing you 100% up to $200 and the second deposit being 100% up to $150. Take note that, in spite of comfortable wagering requirements of 35x, the maximum withdrawal from any of these bonus winnings is capped at just 6x your initial wager. Other promotions include daily, weekly, and monthly offers, along with VIP Rewards based on your spending.
Banking options feature traditional bank transfers, credit and debit cards, e-wallets and prepaid vouchers, with processing times of between 2 – 10 business days.
Pros
- Established in 1997
- 500+ games
- High withdrawal limit
Cons
- Relatively small welcome bonus
- No mobile app
LeoVegas
LeoVegas is a combined sportsbook and award-winning casino that’s been around since 2012. It offers two welcome packages, one for its casino and another for its live casino. The first is a matched offer worth up to $1,000 + 100 $1 free spins on Gates of Olympus. The second is also worth up to $1,000 but with 10 Golden Chips for the games table. Wagering is 35x and 40 times, respectively.
Once you’re playing, there are 2,580+ games from the likes of Playtech, Microgaming, and Blueprint. And let’s not forget about the chance to win $22 million in Pragmatic Play’s tournaments.
Even though the website is optimised for mobile gaming, LeoVegas still offer both iOS and Android casino apps for those who prefer faster startup times. As for banking, you’ll find 6 methods: Interac, MuchBetter, Neosurf, iDebit and the usual Visa and Mastercard. Deposits go from the minimum of $10 up to a whopping $5,000, which are also the same amounts for withdrawals. The casino is licensed by the Malta Gaming Authority and iGaming Ontario.
Pros
- Over 2,500 games
- Great mobile casino
- Multi-award winning casino
Cons
- Some withdrawals can be slow
- No Skrill or Neteller payments
How We Rate Highest Payout Casinos in Canada?
In order to find the best online casinos that payout the most in Canada, we leave no stone unturned. After registering at each of our reviewed casinos, we make a first deposit, play through some games, and then cash out our winnings. This allows us to examine all the most important attributes of high payout casinos first-hand. By doing so, we hope to ensure you’re able to truly maximise your winning potential.
Best Payout Rates
Many of the best payout online casinos advertise themselves with an overall RTP percentage. As previously mentioned, this represents the theoretical return of funds. It’s an aggregate of all their games and should normally fall between 94% – 96%. We recommend you avoid any casino sporting an RTP number lower than this.
Highest RTP Percentages
A game’s RTP gives an indication of how much of your bets are returned to you over time. In other words, it also shows that the higher the RTP, the greater the frequency you’ll win. Table games that require some skill on the part of the player like blackjack offer the highest RTPs up to 99%. On the other hand, games like keno, with RTPs as low as 85%, are best avoided.
Payment Options
Banking options range from e-wallets and cryptocurrencies to the more traditional bank wire transfers and prepaid vouchers. Keep in mind that the method used will affect payout times. For example, though e-wallets only take around 1-2 days for a withdrawal, a bank transfer might take up to 10 working days. Another important point to note is that all the best payout casinos have varying payout limits.
Casino Bonuses
All the highest payout casinos in Canada reward both new and returning players with bonuses, promotions, bonus codes, and incentives. Taking advantage of these is a no-brainer, as many all literally free funds coupled with free spins. Technically, they add to your bankroll and offer, by dint of having more funds and therefore more session time, an increase in your winning chances.
Support Services
In many ways, even the highest payout online casino in Canada is only as good as its customer support. Whether you’re dealing with a problem with payouts or understanding something in the casino’s terms and conditions, all our recommended highest payout casinos have professional and knowledgeable staff on call around the clock. Also, expect to see a webpage of the most common FAQs, along with phone, and email support.
Licensing and Security
Only play at a casino with a proper gaming licence from a reputable gaming authority and avoid those that require no verification from players. These authorizations are a guarantee that the games are fair, the casino looks after your online security, and will pay out your winnings.
For Canadian players, you can choose from the Kahnawake Gaming Commission, or for those in Ontario, iGaming Ontario. Other well-respected licensing authorities include the Malta Gaming Authority and the UK Gaming Commission.
More About Payout Rates
Before making your first deposit at any Canadian online casino, it’s a good idea to have a better understanding of the mathematics surrounding payout rates. Though choosing a casino with a low rate will see your bankroll depleted more quickly, there are other factors that can also contribute to your losing or winning possibilities.
Payout Percentage
When you’re examining a new online casino to decide whether to play there, look for the casino’s payout percentage. This is an average of the RTPs for all their games. On the whole, an online Canadian casino with a higher overall RTP is going to be more generous in allowing you to win more than another casino with a lower RTP.
But, as we’ll constantly reiterate, it’s important to understand this is a theoretical number gained from literally millions of plays. So, don’t imagine all your outcomes will conform with this percentage, as there’s lots of room for huge statistical variance. Although the payout percentages are important, they’re not everything. You should also check for things like licensing, banking options and the security of their platform.
Return-to-Player (RTP)
As you’re gambling with your own hard-earned cash, you want it to last as long as possible at the slots or gaming tables. That’s why considering a game’s Return to Player (RTP) is of paramount importance. It represents the amount of your total bets that’s returned to you as prizes, expressed as a percentage. For example, a slot title with an RTP of 96% will see you receive $96 of every $100 back as winnings.
The actual number is determined by an algorithm within the game’s software. Yet it’s important to recognise this is a theoretical number, one that’s calculated over millions of bets. So don’t expect to receive this payout every time you play. However, it still makes good sense to stick with high RTP games.
Volatility
In its simplest terms, a game’s volatility is a measurement of its level of risk to reward. Also commonly expressed as “variance”, games with a high volatility reward players with larger though less frequent wins. The reverse is true with low-volatility games.
In terms of playing real money casino games, the volatility you choose is a measurement of your own risk-to-reward tolerance. For example, a low roller who’s guarding their bankroll might be better off sticking with low-volatility games as they’ll receive a more constant stream of smaller winnings.
Games with massive progressive jackpots, which by nature payout very infrequently but with monster prizes, are the ultimate high volatility games. We suggest playing medium-volatility games since they strike a good balance between the two.
House Edge
A good way of looking at the house edge is to realise it’s the exact opposite of the RTP. In other words, it’s the statistical advantage the casino has over the player. For example, a game with a house edge of 3% sees the casino make CAD3 for every CAD100 you bet. This is the reverse of an RTP of 97%, where every CAD100 you spend sees 97% returned back to you.
As with the RTP, the house edge varies across every casino game. With blackjack typically having the lowest house edge of all casino games, especially when compared with slot machines, it’s a good choice for more skilled players. However, any game with a lower house edge makes more sense as it translates to better odds for the player.
Highest Payout Casino Games
Another way of looking at the best payout casino games is to consider those with the best odds. This all comes down to the RTP or house edge. For live dealer table games, blackjack is the clear winner, followed by craps and roulette. It’s the same story with RNG games, though craps falls to fourth place after poker and baccarat.
Casino Table Game | RTP% |
Blackjack Nero | 99.60% |
Lightning Blackjack | 99.56% |
Ultimate Texas Hold’em | 99.40% |
Classic Blackjack | 99.28% |
Speed Baccarat | 98.94% |
Highest Paying Slots Online
To find the RTP of any online casino slot title, the first port of call should be the game’s paytable. However, if it’s not listed, then a quick Google search or simply heading over to the game’s developer’s website should provide the answer. When it comes to slot games, we suggest sticking to those with RTPs 96% and upwards.
Slot Title | RTP% | Provider | Volatility |
Mega Joker | 99% | NetEnt | High |
Jackpot 6000 | 98.90% | NetEnt | Medium |
The Catfather | 98.10% | Pragmatic Play | Medium |
Blood Suckers | 98% | NetEnt | High |
Starmania | 97.87% | Nextgen Gaming | Medium |
White Rabbit Megaways | 97.70% | Big Time Gaming | Medium |
Medusa Megaways | 97.63% | Nextgen Gaming | High |
Zombies | 97.20% | NetEnt | Medium |
Gold Train | 97.16% | Pragmatic Play | Medium |
Jack Hammer 2 | 97.07% | NetEnt | High |
How to Find the Best Paying Online Casinos?
Though you may already have a bankroll burning a hole in your pocket, always approach the best paying online casinos with a level head. Rather than just jumping in blindly, take the time to check out as much valuable information as possible. Below is a step by step guide of the most important factors:
Choose Our Recommended Casinos
After going through many online casinos in Canada with a fine tooth comb, we’ve selected only those casinos with a high enough payout percentage to give you the best possible chances of winning.
Check the Payout Percentage
The overall payout percentage of an online casino is often shown within their “About” section via a link to their website’s splash page. Failing that, a Google search should produce the figure.
Compare RTP of Games
Take the time to compare different games, as those with higher RTPs will have better odds. This means they are going to pay out more in the way of winnings and, therefore, provide superior value for money.
Get to Know the Payout Speed
As most players want their winnings as quickly as possible, be aware that different payment options come with different withdrawal speeds. Do some research to discover which is faster, as the difference can be between 12 hours and two weeks.
Auditor Reports for More Info
One way of checking a casino’s trustworthiness is by reading their audit reports. Independent companies check the fairness of outcomes, security measures in place, responsible gambling practices, and financial audits.
Tips and Tricks to Maximise Payouts
At the end of the day, you’re looking to get the maximum bang for your buck from the highest paying casinos in Canada. Though you have no control over the game’s odds, you can tilt your chances of winning even more by practising some basic strategies whenever you play online games.
Stick with High RTP Games
Always check a game’s RTP before you begin playing at the best payout casinos in Canada. Games with higher RTPs are going to give you a greater return on your wagers. We suggest games with the above average RTP of 96%.
Find Low Volatility Games
Though you won’t necessarily land huge wins, these types of games will pay out more often. If you prefer to gamble as a low roller, then low volatility games give you a higher payout over time for the minimum outlay.
Only Make Small Wagers
It’s a good idea to begin betting with low amounts. This allows you to get comfortable and understand the game before jumping in feet first. Whether you’re hitting up the table games or slots, start by playing with only the minimum bets allowed.
Bonuses Are Your Friend
All the best payout casinos will reward new and returning players with generous bonuses. By creating an account, you’ll often receive a match bonus which can instantly double your bankroll.
Try Other Online Casinos
With software developers constantly upgrading and introducing new games, it makes sense to try out new gaming options across a number of different platforms. With this, you won’t miss the latest release with a higher RTP or bigger payout percentage.
Set Realistic Goals
An online casino is not the place to get rich. All casino games revolve around chance. Even though this article talks about higher payouts from casino gaming, don’t fall into the trap of making the assumption there are any guarantees of winning.
Who Can Review a Payout Percentage in Casino?
In your quest for the highest-paying online casinos in Canada, verifying that they are scrutinized by a credible gambling industry authority is paramount:
- eCOGRA: Standing as a beacon of integrity, eCOGRA is an independent entity headquartered in the UK, dedicated to certifying that e-commerce and online gaming sites adhere to the highest standards of legitimacy, safety, and fairness. Since its inception in 2003, it has been honored with numerous awards, symbolizing the ultimate endorsement an online casino can receive;
- GLI: Short for Gaming Laboratories International, GLI represents a leading independent evaluator, focusing its efforts on ensuring the fairness and integrity of gaming operations;
- iTech Labs: Renowned for its rigorous assessment of gaming platforms, iTech Labs plays a pivotal role in guaranteeing that players enjoy a secure and quality gaming experience. Its certification is a hallmark of excellence found on premier online casinos across the globe, from Canada to Asia, Europe, and Australia, affirming their commitment to offering fair play and transparent payout percentages.
Additionally, the presence of these certifications not only reassures players about the fairness of the games but also enhances the casino’s reputation, making it a preferred choice among discerning players looking for a trustworthy and enjoyable online gambling experience.
Highest Paying Online Casino: Pros and Cons
Fast Payouts: Process winnings quickly, often within 24 hours, ensuring a legitimate and efficient gaming experience;
Attractive Bonuses: Offer a variety of bonuses, such as welcome bonuses, no-deposit bonuses, and free spins, enhancing the overall gaming experience;
Impeccable Customer Service: Strive to provide unparalleled gambling experiences with excellent customer service.
Wagering Requirements: High wagering requirements associated with bonuses may impact the ease of withdrawing winnings;
Withdrawal Limits: Some casinos may impose withdrawal limits, restricting the ability to cash out large amounts at once, which can be a drawback for big winners.
FAQ
- Q. Which Canadian online casino offers the best payouts?
- A. We found PlayOJO to have the highest payouts with a general RTP of 97.86%. This figure is very close to the 97.84% of Jackpot City and the 97.63% of LeoVegas.
- Q. What is the payout percentage?
- A. This refers to the theoretical return in prizes you could receive back for every bet you place, and it applies to both casinos and games. For example, a slot title might offer an RTP of 96%, meaning that for every $100 you wager, you should get $96 back. However keep in mind this is a figure based on betting over a very long period of time.
- Q. How to get the best payout percentage?
- A. There’s nothing you can do to get the best payout since it’s a predetermined value. What you can do, however, is to check this data on the game’s embedded “info”, on the developer’s website or on specialized sites like ours, and only play on games or casinos with a percentage over 95-96%.
- Q. What is the highest RTP in a casino game?
- A. Technically, a game like blackjack could return 100% of your bets, making it your best option.
- Q. Which slots have the highest payout percentage?
- A. Though not really common, there are a few slots with RTPs close to 100%. Some of these titles are Mega Joker (99%), Jackpot 6000 (98.9%), and The Catfather (98.1%).
- Q. Can I get the best casino payouts fast?
- A. Once you’ve made a request for a withdrawal, expect to wait at least two to three days before you see the funds in your bank account. Much depends on the payment method used, though most casinos have pending periods of between 24-48 hours, plus processing time.