Best payouts for online casinos in Canada (2024)

Casino payout percentages explained

You can find a casino's payout percentage by comparing the proportion of money players bet to the amount a casino pays out in winnings. This is also known as the 'return to player' percentage — which you'll often see shortened to (%RTP).

You may also see payout percentages for individual?online slot?games. This essentially just tells you how much money the slot game will pay back to its players on average. For example, a slot game with 97% RTP will in theory pay out C$97 for every C$100 a player bets.

If you're planning to play in an online casino in Canada, it'll benefit you to know the payout percentage of that casino. This gives you a good indication of how much money you can stand to win back.

Fastest paying casinos in Canada September 2024

Spin Casino is currently the top online casino in Canada, boasting a verified average payout percentage of 97.59% across all its games. Whether you're new to real-money gambling or a seasoned player seeking maximum returns, Spin Casino provides an ideal platform for all players.

Remember, while the overall average at Spin Casino is 97.59%, individual games may vary in payout rates, so make sure you check each game’s paytable before placing a bet.

How to find the highest payout casinos

You can find the casinos with the best payout rates right here on our site. Check the top 10 casinos at the top of this page and take your pick based on payout rate and overall casino rating, or you can visit our?homepage?for all the most up-to-date info. Alternatively, you can visit any online casino and find their payout percentage within their 'help' or 'licensing' section. All reputable regulated online casinos will have their payout percentage checked and audited by an independent gaming body, such as?eCOGRA, so look out for this.

To ensure that we list the best-rated online casinos for our readers, we conduct vigorous checks and won't recommend a casino we haven't fully vetted. Using our own real money and time, we test the payout return on real money games, to ensure that the casinos we recommend are in line with the advertised payout percentage claim. If our findings don't match up, then this could lead to a site being blacklisted by us for falsely portraying itself as a “high payout online casino”.

Which casino has the fastest payout rate?

When we review an online casino, we always consider not only its payout rate (ensuring its legitimacy) but also the speed of payouts. Typically, casinos will have a payout speed of 1-2 days. There are a couple that offer payouts within one day, such as?Tonybet?and?Betway Casino. At the other end of the scale, certain casinos may take up to three days to payout, so it's always best to check on our site first to see who's fastest and best rated.

Check out our?fastest cashouts?page for more info.

Best payout casino games

The best casino games for payout percentage include video poker (99.5%), blackjack (99%), baccarat (98.9%), and craps (98.6%). Slots can also be great for high payout percentages but these vary (between 92-98%).

Payout percentages vary from casino to casino, but not all online casinos with a higher payout are the best casinos to play at, so it's important to pay attention to other elements too, like which types of real money games are available.

Check out some of the best payout casino games in the industry and their average RTP in the table below.

Top 10 highest-payout slot games in 2024

Online slots?are one of the most popular?casino games?in the industry, offering online casino players some of the best opportunities to win. Check the highest payout slots in 2024.

Best sign-up bonuses

Once you're confident in the payout percentage, and you've consulted our independent ranking of the high payout percentage online casinos, you can then move on to thinking about?casino bonuses. This is the final hurdle in determining if a site is right for you.

Sign-up or welcome bonuses are common practise among online casinos with high payouts. They're intended as a goodwill gesture, to entice new players in and reward them for choosing their casino over the online competition. You can learn about all casino bonuses here:

• Online casino bonuses
• $1 deposit casinos
• $5 deposit casinos
• $10 deposit casinos
• Welcome bonuses
• No deposit bonuses

Welcome bonuses themselves are subject to terms and conditions that you should familiarize yourself with before you commit your real cash, or you might find it's too late to back out. Particularly in the case of deposit-based bonuses, where getting your money back might be more difficult than you were initially led to believe.

Our guide to the best?bonuses for players in Canada?explores the issue of sign-up bonuses in more detail, so if you're unsure if a bonus you're being offered is legit, check to see if the casino has made it into our recommended list before you open an account.

Disadvantages of payout percentages

High payout percentage casinos look tempting on paper, as do high RTP games, but it’s worth bearing in mind that certain factors can influence these percentages. Some of these factors include:

Player skill

An online casino might have a player base that consists mostly of experienced gamblers — skill and strategy can come into effect on certain games, like blackjack and poker. If these experienced players are consistently successful at winning and receiving payouts, then it will affect the overall payout percentage of the casino.

Looking to improve your skills? Visit our?games?page for tips and guides.

Game volatility

Several slot games may have high average payouts, but this doesn't mean they're all the same. A slot game with a massive jackpot (like?Mega Moolah), won't pay out often, but when it does, it'll pay out an incredible amount of money — bringing up the RTP percentage on average. On the other hand, you may find slots that pay out low amounts of money consistently, resulting in a similar RTP percentage.

The game you choose

Visiting a casino with a high payout percentage doesn't mean you can expect to win that amount on every single game they offer. If you're a roulette player, you have a lower average chance of receiving a payout than a blackjack player, for example.

Final tip to get the best payout percentage

With new games and promotions added to online casinos every day, the choices are constantly changing. However, our team works hard to keep you up to date with these changes and ensure the online casinos we list provide legitimate high payouts and an exceptional gaming experience.

Want to learn more about our casino review process? Visit our?how we rate?casinos page.

Games

Blacklisted Canadian casinos

It's not something we like to do, but occasionally we have to blacklist a casino. This could be for many different reasons, such as dishonest practices or poor customer service, and we advise players to avoid any sites that are a part of this list.

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