Best Payout Online Casinos Canada

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The best payout casinos will increase your player balance and maximize your winning chances. The Canadian betting market is booming, so there are many online casinos to choose from. However, this leaves you in a tricky spot when trying to find the highest-paying casino sites for Canadian players.

Discovering casinos with the highest RTP (return-to-player percentage) is simple with our comprehensive guide and list. Here, you will understand casino payouts in-depth and find online casinos with the best payout rate that actually give you your winnings.

Online Casinos with Highest Payouts in 2022

Comparison: Find the Highest Paying Casino Sites

Looking to win decent returns on all your wagers? The highest-paying casinos have payout rates of at least 96%, meaning for every $100 the casino earns, it pays back $96 to players. Here’s a list of the 10 highest-paying online casinos in Canada. Gamble on any of these platforms to increase your chances of winning big!

Casino Payout Rate Payout Speed Game Variety
Jackpot City Casino 97.82% 24 hours Over 500 table and slot games
Ruby Fortune Casino 97.40% 4 days Over 450 games
Spin Casino 97.10% 24-48 hours 550+ slots, table, & live games
Casumo Casino 97.24% 1-3 days More than 2,000 games
Genesis Casino 97.00% Instant 1,300 slots, roulette & more
Play OJO Casino 96.90% 2-5 days Over 3,000 games
LeoVegas Casino 96.50% Up to 7 days 2,000 slots, live games, & table games
PlayAmo Casino 96.20% 2 hours 3,000 slots & 500 table games
Royal Vegas Casino 96.10% 24 hours-7 days Over 700 slots & table games
All Slots Casino 96.00% 48 hours-5 days 100s of slots, keno & blackjack games
Yukon Gold Casino Mobile 95.99% 48 hours-3 days 500+ games, including jackpot slots

How to Find Best Online Casino Payout Percentages

When you want to win big at an online casino, it's best to find a gambling site with large payout percentages. To help you find the top-paying online casinos in Canada, we've put this step-by-step guide together below.
Estimated time needed: 00:04 Tools needed: CasinoGrizzly's listLaptop/ Mobile phone Supply needed: InternetTime
Compare casino RTP with our list
Compare casino RTP with our list Go through our casino list of the highest payout sites and choose one that meets all of your needs. Look for things like bonuses, licenses, and an eCOGRA rating to ensure the casino is good for gambling at. Step 1
Create account
Create an account Once you’ve selected a casino, it is time to sign up. The registration process should take only a minute. All you need to do is create your login details and provide some personal information. Step 2
Deposit and start playing
Deposit and start playing With your account created and verified, you can start playing. Before that, ensure you fund your player balance. To do so, head to the cashier section and click on Deposit. Choose any of the deposit options you want. Follow the instructions and enter your deposit amount. Tap 'Deposit' to confirm payment; your account should be funded in a few hours. Step 3
High RTP Casino Games
Go for high RTP games & slots When browsing games, make sure you choose those with the best payout rates. Generally, slots pay out more than traditional table games. Some of the highest paying slot games include Book of 99 (99% RTP) and Blood Suckers (98% RTP). Step 4

high payout casino list with iphone and login details

What are Online Casino Payout Rates?

Online casino payouts refer to the cash you will receive if you win a bet, and payout rates refer to the average amount of money that the game pays to players over time. If a game has a payout rate of 99%, then for every $100 spent, the casino will pay back $99.

What is RTP?

The RTP or Return to Player percentage is the amount of money the casino will return to players as winnings on a game over time. This means a CA$100 wager on a game with an RTP of 96.5% will give you a return of CA$96.5 in the long run.

However, the above is a rather basic explanation of the RTP of a casino game. In reality, the RTP of a casino game doesn’t reflect the true winning chances of the game. Instead, it improves your chances of getting lucky on that particular game. You’re more likely to win on slots like 1429 Uncharted Seas from ThunderKick with an RTP of 98.6% and Mega Joker from NetEnt with an RTP of 99% than others with RTPs below 96%.

Average RTP at Online Casinos

Knowing the difference between a game’s RTP and the casino’s RTP is important. Software providers like NetEnt, Microgaming, and Red Tiger Gaming design casino games and determine these games’ features, paytable, and gameplay. The same goes for the RTP of the game.

However, when a casino offers software providers’ games, the casino brand might decide to impose an RTP of its own. The casino’s RTP is the overall payout rate for all games played during a period of time. When looking for the best payout online casino, keep your eyes out for an average of around 97%.

Online casino payouts bag of money

What is Casino Payout Ratio?

The casino payout ratio payout refers to the amount of money you will receive upon a win based on your initial bet. For example, a casino game might offer a payout of 5:1. So if you win with a bet of CA$1, you will receive CA$5 extra, leading to CA$6 in total. Payout ratios differ significantly from the RTP of a game.

RTP refers to the overall amount of money that will be returned to players for bets placed on a game over a particular period of time. There is no assurance that you will receive the said percentage of the RTP. Instead, the RTP is a theoretical value. During the course of playing the slots, some players may lose more, while others leave with huge profits.

Payout ratios, on the other hand, are more reliable. A payout ratio tells you exactly how much you will win when you place a particular bet. For example, a straight-up bet on roulette will pay out 35:1. If you place a bet with CA$1, you will receive an additional CA$35 plus the CA$1 if you win. You can check the payout ratio of slots by looking at the paytable. Slots will pay about 2 – 10x your bet amount depending on the type of symbol combination formed.

Canadian Casinos with Payout Percentages you should avoid

When hunting for Canadian casinos with payout percentages, you should look for figures above 97%. This is considered the industry standard for high payout casinos. Figures above 97% are better for landing a win, especially if you’re playing games like online slots.

While searching for high payout percentages, you should avoid casinos with anything lower than 97%. Some casinos will offer progressive jackpots on slots with low RTP values; however, you should not be tempted. You might lose your entire budget before scoring a win or dropping the jackpot. You might also find more bonuses on some slots with lower RTPs. Once again, triggering these bonuses won’t guarantee a fat sum when you’re done playing the game.

Highest Payout Casino Games

The payout percentage of a certain casino will greatly differ from one to the next. Some casinos will pay extremely low, while others will pay more generously, offering you a higher payout. When playing at the latter, keeping your eyes on the games that offer better win possibilities is important.

Even at high payout casinos, not all games offer you the chance of hitting big. With slots, the payout percentage varies. For example, you can find slots with RTPs of up to 99% and slots of RTPs as low as 93% within the gaming library of a casino. Luckily, high payouts casinos focus heavily on slots with RTPs above the industry average of 97%. Table games, video poker, and scratchcard games also have their own varying RTP.

Casino Game RTP
Jackpot City Casino Slots 97.00%
Ruby Fortune Casino Blackjack 99.60%
Spin Casino Roulette 97.30%
Casumo Casino Baccarat 98.94%
Genesis Casino Craps 98.59-98.64%
LeoVegas Casino Poker 98.59%

Top Paying Casino Table Games

Table games are among the most popular casino games available. These games offer intense fun and entertainment and come with easy-to-understand rules. If you’re looking to play table games online, here’s a list of the best titles to try out:

1. Blackjack Surrender

Blackjack Surrender is an entertaining card game that offers a decent payout. As with other blackjack variants, the game’s rules are pretty simple. To win, simply get a number closer to 21 (higher than the dealer’s) and make sure it’s not above 21. Blackjack surrender is available for play at Jackpot City casino. As expected, the game comes with a high RTP of 99.65%

2. Multi-hand Blackjack

Multi-hand blackjack is another popular blackjack variant with a high RTP value of 99.53%. As the name suggests, this game allows players to play multiple hands at any one time for a chance to win. Visit Spin Casino to play this popular game title.

3. Blackjack 21 + 3

Blackjack 21 + 3 is a unique blackjack variant that is played as a side bet. You can claim decent returns when playing with two original cards combined with the dealer’s up card. The theoretical RTP of this wager is 95.38%. Blackjack 21 + 3 can be played at PlayOjo Casino.

Highest Paying Online Slots

Slots are games of chance, which means the house always wins in this game category. However, high payout slots improve your chances of winning by quite a bit. They offer a higher RTP value than regular slots with lower RTP values. At high payout casinos, the average RTP is set at 97%. Below are some of the best high payout slots you will find at these casinos.

Rank Slot Provider RTP
1 Ocean Princess Playtech 99.10%
2 Ugga Bugga Playtech 99.07%
3 Mega Joker NetEnt 99%
4 Ooh Aah Dracula Barcrest 99%
5 Tropical Reels Playtech 98.95%
6 Pixies of the Forest 2 IGT 98.83%
7 Uncharted Seas Thunderkick 98.60%
8 Jackpot 6000 NetEnt 98.86%
9 Blood Suckers NetEnt 98.00%
10 Jokerizer Yggdrasil 98%

Best Paying Jackpots

Many casinos offer jackpot slots, which can give you life-changing amounts of money if you win big. There are various types of jackpot games, including fixed and progressive jackpots. While fixed jackpots have a set amount of money you can win, progressive slots continually increase with every wager players make until someone wins the jackpot. Below are the highest-paying jackpot slot games you can find at online casinos.

Rank Slot Provider Jackpot Type RTP
1 Rudolph’s Revenge Real Time Gaming Progressive 97.50%
2 Genie Jackpots Playtech Progressive 96.53%
3 Great Rhino Pragmatic Play Fixed 96.50%
4 Dr Fortuno Yggdrasil Progressive 96.20%
5 Mega Fortune NetEnt Progressive 96%
6 Hall of Gods NetEnt Progressive 95.30%
7 Age of Gods Playtech Progressive 95.02%
8 Aztec’s Millions RealTime Gaming Progressive 95%
9 Mega Moolah Microgaming Progressive 80-90%
10 Major Millions Microgaming Progressive 89.37%

highest payout casinos with roulette and slot machine jackpot

Review: Top 5 Best Paying Casinos in Canada

Below are our favourite 5 casinos in Canada that have high payout rates. We’ve chosen these casinos not only because they have high payouts but because they offer a diverse range of games, accept many payment methods, and offer great bonuses. At all of the recommended casinos on our list, you’ll enjoy an excellent and safe gambling experience.

1. Royal Vegas

Royal Vegas creates more winners than most online casino sites. It offers hundreds of games, including over 300 slots, 45 live dealer games, and several blackjack titles, roulette, and baccarat variants. The casino also supports several payment options that allow for quick withdrawals. Royal Vegas has a payout rate of 96.10%

2. Jackpot City

Jackpot City has over 486 online casino games to choose from. Most of them are slots, which is to be expected. This includes multiple categories of online slots like progressive jackpots and high RTP classic slots. There are over 50 live dealer games for players. This casino has a payout rate of 97.82%

3. PlayAmo Casino

PlayAmo Casino gives players a choice of several online casino variations. You can choose from a massive selection of slots and table games. There are over 30 roulette variants to play at this casino which exceeds the average of regular online casinos. PlayAmo has a payout rate of 96.20%

4. PlayOjo Casino

At PlayOjo, you can choose from over 165 blackjack variants, over 50 live dealer games and more than 1,500 different variants of online slots. This casino offers over 2,000 games, making it one of the best gaming hubs for players who love variety. It has a payout rate of 96.90%.

5. Spin Casino

Spin Casino is one of the most reputable gaming operators online. It offers over 50 live dealer games and a combination of 50 baccarat, blackjack, and roulette variants for players to choose from. At Spin Casino, players will find a wide assortment of slots and casino games. The RTP of the casino is 97.10%

top 5 best paying casinos

What Third-Party Authorities Review High RTP Games?

Several reputable organizations like TST and SQS review the payout percentage of online casinos to ensure fairness and transparency. Some of the best include.

eCOGRA

eCOGRA is an independent agency that ensures the reliability and safety of e-commerce sites. This organization is based in the UK. It has built a solid reputation since it was established in 2003. With several awards to its name, it is the most trusted seal of approval you will find at online casino sites

GLI

Gaming Laboratories International (GLI) is an independent agency that tests and verifies gaming services.

iTech Labs

iTech Labs is a gambling testing organization that ensures safe play and high-quality gaming services. The best payout casinos in Canada always have a seal of approval from this organization.

Advantages and Disadvantages of High Payout Casinos

The benefits of playing at online betting sites with high payout rates are apparent; you enjoy better winning opportunities at every turn. Whether you’re playing your favourite slots or fancy checking out the table game section, your chances of winning are above the industry average.

Another benefit is the payout time. These sites also offer players quick payout times, unlike regular casinos. Rather than waiting 3 – 5 banking days for your funds to arrive, you can receive them in 24 hours when playing at these casinos.

The only disadvantage of playing at high-payout online casinos is that the payout rates are theoretical. A 99% payout rate doesn’t mean you will get lucky with every spin or bet. A jackpot won’t just drop into your player balance when you make that first wager, and you won’t always be so lucky.

Bonuses at the Best Payout Casinos

Online casino bonuses for new and existing players remain an attraction. For players, the extra funds mean more winning chances without risking your real money.

If you look for bonuses for the best payout casinos online, it will probably be those with the lowest wagering requirements because you will get your money faster. The wagering requirement refers to the number of times you will have to wager the bonus amount to secure a win. While this is the most important term of any bonus offer, it is not the only one to have in mind.

Game limits should also be considered. This determines the type of games you can play using the casino bonus. There are other terms and conditions to consider. Validity periods, payment restrictions, withdrawal caps, and many more factors are also critical.

Best Payout Casino Sign-up and Welcome Bonuses

The welcome bonus is usually the most attractive offer at a standard casino. This bonus is offered to new players registering an account with the operator. A welcome bonus usually requires a deposit. Once this has been made, you will receive bonus cash according to your deposit amount. Welcome bonuses typically offer a higher payout at the best payout casinos online.

When it comes to finding the best payout casino in terms of sign-up and welcome bonuses, Royal Vegas casino stands tall. The platform offers an impressive bonus package for new players to get started on the platform. Royal Vegas is the first place to look if you’re tight on budget and looking to start gambling with minimal risk. This platform offers a better welcome bonus package when compared to Spin Palace and Jackpot City.

No deposit Bonus

No deposit bonuses allow you to play at an online casino without depositing your own money. This bonus offer will award you a special prize for creating a casino account. Simply hit the register button, verify your account, and claim the bonus. Using a no deposit bonus at high payout casinos increases your win chances without any risk on your part.

bonuses at the best payout casinos

Fast and Best Payment Options for Casino Payouts

When you’re ready to start playing at high payout casinos, you should choose casinos that offer speedy withdrawals. No one wants to wait for several days before claiming winnings. With these casinos, you can send your winnings to your bank account or wallet in hours.

Though some casinos try to offer instant withdrawal methods on payments, it is important to know that the speed of the withdrawal depends on the payment method. That’s why high payout casinos offer more e-wallet options. Unlike traditional methods that require a 3-day processing time, e-wallets will fund your account in a matter of hours.

However, some e-wallets like PayPal are hard to find at Canadian payout casinos. Fortunately, there are many replacements for this payment provider. You could also try traditional methods like debit/credit cards and direct bank transfers for your deposit and withdrawals.

Tips to Increase your Winnings and get a Higher Payout

When playing at an online casino, you can use some tips below to increase your win potential and score higher payouts.

Play at high-paying casinos

This is pretty obvious. You must play at casinos that offer you that chance to win big. We have listed all the best online casinos that offer players large wins regardless of their bet size. Check out the list and make a choice.

Manage your bankroll

Gaming online is meant to be a fun venture, but you might want to hit some wins while you have fun. While doing that, it is essential to make a budget and stick to it. Your gaming sessions can quickly turn wild if you keep chasing losses or placing huge bets hoping for a huge win.

Have a strategy

Most casino games require more luck and less skill. This means you’re more likely to lose your budget if you keep betting and hoping for a win. However, games like blackjack and poker can land you a win if you have the right strategy. We recommend you make every bet with a plan in mind for these games. This will increase your winnings and get your bigger payouts.

Play at a reputable casino

Playing at a safe and licensed online casino with a good reputation is a must. These casinos use RNG and are tested by third-party organizations to ensure fairness. You won’t have to worry about unfair treatment or gaming standards at illegal casinos. This way, you can earn bigger payouts without worries.

Forums & Reddit Communities for Canadian gamblers

Although you can find a lot of information on your casino’s FAQ page, sometimes you might want advice from other gamblers who have first-hand experience playing at the same site.

Fortunately, the online gambling community in Canada is thriving, and there are plenty of forums that players can join to keep up to date with the latest trends and get advice if they encounter any issues. You’ll also be able to find out what the best online casinos are according to real players who have spent time and money at these gambling sites. We recommend you to see this specific thread for real player experiences.

Although CasinoGrizzly should be your first port of call when it comes to gambling, we recommend joining a few of these forums such as Subreddit and checking them once in a while. You’ll be able to share stories and problems with other casino players and get fast responses to any question.

Highest paying online slots phone

Play and get the Best Payout!

If you want to improve your chances of winning, the highest-paying online casinos in Canada are the best place to be. Choosing the right high payout casino should be of utmost priority. When selecting, ensure you go for a casino with the right features. Look for generous welcome bonuses, multiple payment methods, and reliable customer support. Finally, you might want to check out the game selection. Scan the game library for high RTP slots and table games to play.

Of course, doing all of these things takes time. That’s why we have provided a list of the best payout casinos in Canada to help you out. You can simply check through our list and make your selection.

FAQs: Best Payout Online Casino

What's the difference between RTP and "house edge"?

The RTP is the player's advantage. It refers to how likely you are to win and how much you would win. The higher the RTP, the better your chances of winning are. On the other hand, the house edge is the casino's advantage. The house edge percentage is the casino's advantage over players, representing the actual profit the casino expects to make from each game. The lower the house edge, the better your chances of winning.

What does a high RTP mean?

An online casino or a game's RTP or Return to Player percentage refers to the theoretical payout percentage. This is the amount you can expect to receive from the total bets placed on a casino game over the long term. High payout casinos have an RTP value of 97%, meaning that for every $100 the casino receives, it pays out $97.

What casino has the highest payout rate?

Jackpot City casino has the highest payout rate. This casino takes the lead above all others thanks to its high payout rate of 97.84%. However, we recommend constantly checking and comparing online casinos to ensure you only play at the best site.

What is the highest payout casino game?

Online blackjack is the casino game with the highest payout rates. Most blackjack games have an RTP of 99%.

Which online slots have the biggest payout percentage?

The likes of Mega Joker offer some of the best payout percentages with a 99% RTP. Mega Joker from NetEnt is a progressive jackpot slot. Players will find more opportunities to hit and claim the jackpot prize than in regular progressive jackpot slots.

Is the payout speed the same across different casinos?

No. Different casinos process payments differently. Traditional methods like debit/credit cards and bank transfers typically take up to 5 working days. Using e-wallets like PayPal and Skrill, you can receive your payouts in a matter of hours.

How do I find the best payout casinos?

You can go through our recommendations to find the best payout casinos. Select several casinos and compare their offers. When done, choose your preferred operator, sign up, and start playing.

What is the fastest payout rate a casino can have?

Some casinos can pay out winnings instantly after the processing period has passed. Most gambling sites have a processing period of at least 24 hours, like Jackpot City Casino.

What are the real money casinos with the highest slot payouts?

Some of the best online casinos that offer the highest paying slots include Jackpot City Casino, Ruby Fortune Online Casino, and Spin Casino.

Do high payout casinos actually pay out my winnings?

Yes, if you play at a legitimate online casino with a license, you will receive your money. You may need to complete wagering requirements if you've used a bonus and provide identification documents.

How to sign up at Spin Casino?

Spin Casino offers great payouts to players. To sign up, head to the Spin Casino site via our list above and tap on the 'Sign Up' button. Enter the relevant information and confirm, before verifying your account with the requested documents. It shouldn't take more than 5 minutes to complete the registration process!

Can I get an instant payout with no verification (documents)?

It is quite rare to get an instant payout at a high-paying casino without providing some sort of verification. Casinos do these mandatory checks to ensure you are who you say you are and to prevent fraud and money-laundering.

Author Todd Knowles

Hey there, I'm Todd Knowles. I'm a bonus and slot expert here at CasinoGrizzly. I've been in the industry for more than 5 years now, and during that time I've learned a lot about bonuses and slots. In my spare time, I love play... Read more about the author

CasinoGrizzly » Best Payout Online Casinos Canada
Last updated: December 1, 2022