What are the High Payout Online Casinos?
Gamblers know that luck is a major element of any game, but so is the way a certain title is constructed. For instance, slots are based on reels and symbols, while poker is based on cards. The technology and mechanics of the game decide how often the player will win.
The player will win more frequently in a hypothetical high-payout casino than elsewhere. In practice, this means the online casino has abundant games with top RTPs (return to player).
We’ll get to the concept of RTP later. For now, know that such games provide you with an objectively increased chance to win, at least in the long run.
How to Find the Highest Paying Online Casino Sites in Canada?
Playing at top casinos is always a pleasure, but finding them is never easy. That is why we created this guide, hoping it will help both new players and experienced gamblers.
We’ll admit that “best paying” is a loose term that can be applied to several categories of online casinos. Our experts break them all down for you, hoping you’ll find your true match. Let’s see what is available to the players in the Great White North.
Playing at the Best Payout Online Casino for Real Money
Nowadays, most online casinos support both demo and real money play. While only real money play brings withdrawable prizes, the demo mode is a great way to get familiar with the gambling mechanics.
The latter is fine when you want to examine a certain genre or try out a new game. Yet, it is the former most gamblers enjoy. A promise of a payout potential is what drives them towards the highest payout online casinos.
Here is how to recognise a real money best-payout gambling site:
- It has a great variety of games with high RTPs;
- It offers plenty of different volatility levels in its games;
- The company supports an impressive range of payment methods;
- It has a reputation of being a fair real money casino;
- The company holds all the necessary licences for real money gambling in the Canadian territory.
Top Paying Casinos with Fast Withdrawals
Winning is great, but enjoying your wins is even better. That is why so many Canucks look for the best-paying casinos that support fast withdrawals. But what does it mean “fast”?
In the online gambling industry, a casino that pays fast is a casino that aims to process your withdrawal request within 48 to 72 hours. Plus, you will have to add your payment provider’s processing time on top of that.
Considering some casinos take their time and need a week or so, we can all agree that three days sounds divine. Keep in mind that simply by choosing the right payment method, you can speed things up significantly:
- Banking cards may take up to seven business days;
- Bank wire and checks take well over a week;
- E-wallets tent to take around one to three extra days;
- Cryptos may take up to two days;
- Online vouchers and prepaid cards don’t support withdrawals, which may delay your enjoyment significantly.
Choose a casino that pays well, but also one that does it fast!
Best Online Casinos That Payout Instantly
The dream of every high roller and every new player is to enjoy instant payouts at their favourite casino that pays better than the rest. We’ll be honest with you and say that such casinos are incredibly difficult to find.
The reason for that is that certain policies in place require companies to check on players’ identity and source of income. This alone may delay the payout even in the most generous online casinos.
Another thing to keep in mind is the methods used for transactions. Some are simply faster than others. By choosing cryptos you are coming as close to instant payouts as possible.
We would like to warn Canadian gamblers that some fraudulent casinos use words such as “instant”, “win” and “payouts” just to lure them. Always, apply strict criteria or play with safe and reliable casinos we recommend.
Top 5 Highest Payout Online Casinos
To find the highest paying online casino that will fit you, we created s shortlist of five brands that excel on all levels. Yes, even in how much they pay! Kindly note that for different players “best payout” may mean different things.
Stay responsible and play with tested brands such as the ones we found for you.
LuckyDreams: A Dream Come True
Lucky Dreams is a casino that pays well and has a brilliant welcome bonus of 100% and 100 free spins. The maximum bonus value is 500 CAD. But let’s put bonuses aside and focus on games.
The website collaborates with a whole army of responsible, regulated and fair suppliers. Although there are a couple of slots that go below the 96% threshold, top-paying games are easy to find.
The payout speed is also superb, as is the level of service. The customer support at Lucky dreams Casino is simply superb!
Tonybet: A Friend You Can Trust
One of the main advantages of Tonybet Casino is a rainbow of promotions. With them by your side, playing high RTP games will be easy and fun.
You will find welcome bonuses, reload deals and seasonal offers. Players may also partake in casino tournaments powered by popular suppliers. Competitions are a great way to combine best-paying slots with bonus play!
Speaking of slots, there are 6,000 games and counting available at Tonybet Canada. They are all available thanks to partnerships with studios like Big Time Gaming, Booming Games, and EGT Interactive.
National Casino: A Universal Choice
National Casino is, in many ways, a crowd-pleaser. It has all the best-paying games you’ll love, such as video poker and blackjack, as well as a neat variety of slots. Most of all, they are all available in the demo mode.
If you want to level up your sessions, the same genres can be found in the live gambling section. National has a fine share of tables with great returns that will thrill those who wish to remain efficient.
And last, but not least, the fact this operator offers Canadian payment methods, makes it also one of the fastest-paying casinos out there.
Slots Magic: Works Like a Charm
Slots Magic Casino is predominantly focused on slots, hence the name. Fortunately, in its repertoire, you’ll find plenty of titles with RTP rates that go above 97%. Besides, there is a neat selection of table games by popular suppliers.
Here are some titles to enjoy if you want regular payouts:
- Deuces Wilds with RTP of up to 99%;
- Joker Poker with RTP of over 98%;
- Double Down Poker with RTP of up to 99.5%.
Find even more cool games by using the casino’s search tool.
HellSpin: Heaven for All Players
HellSpin Casino has a remarkable selection of games with great returns and action-packed mechanics, which makes it an ideal gambling destination. Don’t let its spooky theme scare you — it is as user-friendly as it gets.
Besides games, the casino has an excellent variety of cool bonuses and promotions. The welcome bonus is spread across the first few deposits, making it one of the biggest in the whole of Canada.
Another thing we love is its loyalty program. HellSpin is definitely a site that will appreciate your every bet and your every deposit.
How We Rank the Best Paying Online Casinos in Canada
Payouts are only one aspect of casino sites to look for. There are also games, bonuses, payments and many other factors. No wonder even the most experienced gamblers get confused from time to time.
We come to the rescue! All online casinos we endorse are tested by using the same criteria. That way, you can easily compare different platforms and choose the best ones.
Having a strict set of criteria enables our players to ignore all the glamour and focus on the facts. Of course, no brand can suit every player 100%.
Still, we believe that approaching them objectively can encourage gamblers to see both the advantages and disadvantages of a certain brand.
Analysing the Best RTP Online Casinos in Canada
As we already mentioned a couple of times, the highest payout online casinos have above-average RTPs. At the same time, and average casino may have over 5,000 games. It is impossible to check them all.
This is how we make sure that the games provided bring real money:
- We check for genres that pay the most, like blackjack;
- We use the search tool to find popular high RTP video slots;
- The list of suppliers must mention names famous for fair approach and top RTP rates;
- If possible, we play a couple of games in the demo, just to see if the casino is legit;
- Our experts calculate the average RTP based on available data.
Checking Casino Licensing and Security
Loyalty rewards, bonuses, and even massive payouts mean nothing if the casino doesn’t have a valid licence. Now, this is where it gets tricky.
Due to the gambling law in Canada, getting a licence for every Province and Territory can be a bureaucratic nightmare. The lack of one law to rule them all means each operator needs multiple licences for the same territory. It’s a real hassle.
The consequence is that most iGaming companies in Canada have offshore licences, most commonly Curaçao ones. They are legit licences that endorse customer protection.
If a casino doesn’t hold a license it can’t get our seal of approval. If it doesn’t have all security protocols in place, it won’t end on our list. It is as simple as that.
Evaluating Payout Times in Online Casinos
Not even the best payout online casino will make you happy if it takes ages to send you the money. A regular element of our testing is checking out how long a certain platform needs to release the money to the player.
Here are the time limits we find tolerable:
- For banking cards: 5 days;
- For e-wallets: 2 days;
- For bank transfer: 7 days;
- For cryptocurrencies: 3 days.
Yet, that is not where the story ends. We also want to see:
- Fair payment limits;
- Reasonable wagering requirement;
- Transparent payout policies;
- Zero fees for Canadian players;
- Simple account verification process.
Are we being demanding? Yes! But it is for your own good and the good of all gamblers who think they deserve the best.
Reviewing Player Feedback on Online Casinos with Highest Slot Payouts
Of course, things casinos claim on their site and real life experiences can differ. That is why our team always looks for real reviews, written by players just like you.
If a casino gets raving reviews consistently, we make sure they are true and not generated by AI software. At the same time, if the reviews are consistently bad, we try to see where it all went downhill.
It is important to take every review, no matter good or bad, with a grain of salt. Players get in a good mood when winning, and angry when losing. All of that is reflected in their reviews.
Reviews supported by evidence are the most reliable.
Comparing Bonus Offers and Promo Terms
Playing real money stakes is far more fun when accompanied by generous bonuses such as free spins, generous cashback, and regular deals on one’s deposits.
Our team requires more than big bonus amounts to recommend a casino, as well also look into:
- The wagering requirement for every particular deal;
- The minimum deposit required to launch the bonus;
- Contributing games;
- Maximum bet amount;
- The variety of bonus deals;
- Any limitations on withdrawing the money won.
It is upon every gambler to read the bonus rules and see if they can manage it. That being said, we think our reviews do a great job of scratching the surface.
Casino Games with Top Payouts
Any highest paying online casino will have thousands and thousands of games. Even though not all of them will be rewarding above average, most of them will pay regularly and frequently.
We already gave you a couple of tips on how to tell a game is well-paying, but here are a few more:
- Read the rules to see if the bonus mechanics promise extra multipliers;
- Check out the volatility rate. Low volatility games pay less, but more often;
- Play the game in the demo mode (if possible) to get a feel of its dynamics.
It is time to look into specific genres and find out more.
Top RTP Slots with the Best Payouts
Any best payout online casino real money platform will provide you with thousands of slots. Still, we found a few that are especially good-looking in terms of payouts:
- The Jokerizer video slot from Yggdrasil Gaming has a sensational RTP of 98%. No wonder it has been around for over a decade, despite the modest maximum win of 600x the stake;
- Blood Suckers from Netent is a vampire-themed extravaganza with a return rate of 98%. The maximum win is 1,016x the bet;
- Book of 99 by Relax Gaming is a true Egyptian spectacle. The game has an RTP of 99%;
- Money Cart by Relax Gaming is another great title, albeit with a slightly more complex mechanic. The return rate is, again, 98%;
- Starmania by Light & Wonder might be more difficult to find, but the effort will be worth it due to the RTP of 97.87%.
Experience the Top Paying Table Games
Other genres available at best paying online casinos are table games and card games. They include a variety of casino standards with different levels of volatility. But how much do they actually pay?
That may depend on the variation you choose but here are some general guidelines:
- Blackjack has an RTP that usually strikes around 98%;
- Roulette RTP depends on the type of bet you place and can be as low as 50% or as high as 97%;
- Poker may have an RTP that settles at 99%. Check the rules to find out more;
- Baccarat’s RTP is dependent on the supplier and may be as low as 86%;
- Sic Bo, as a rule, has a varying RTP that may be as low as 70%;
- Craps RTP is calculated based on the type of bet you play. Consult the chart in rules to find out more;
- Teen patti has the house edge of almost 4%.
Progressive Jackpot Games with the Best Payouts
Before you wonder which online casino pays out the most, check their jackpot games. Jackpots tend to be the most rewarding games at any online casino, as long as the stars align, and you get to trigger the biggest prizes available.
But did you know not all jackpot games are created the same:
- Global progressives are the most volatile, and have the lowest RTP, but are also the most rewarding. Games like those from the Mega Moolah series pay literal millions;
- Progressive jackpots pay a bit less, as only beats made at a specific casino contribute to the pot. Still, their RTP is usually more tolerable, although never spectacular;
- In-game jackpots, albeit smaller, are easier to hit. Play bonus features or even purchase them and win around 10,000x the stake!
RTP and Best Canadian Online Casino Payouts
Successful gameplay at top payout casinos requires players to know the basic gambling terminology. They must also understand the technology and the premise behind every available genre. None of them is more important than RTP.
It is an abbreviation that appears everywhere and all the time, yet many gamblers fail to comprehend what this percentage is all about. We are here to help you decode it.
What is Return to Player RTP
Every best payout online casino will offer you hundreds of games with good RTPs. But what is that magical measurement? Return to Player or RTP is a number that reveals how much the game pays over long periods of time.
The easiest way to explain this is with an example. Imagine a slot with an RTP of 97%. It is higher than average. The number indicates that for every 100 CAD spent, the game returns 97 CAD.
That being said, that number is calculated based on large amounts of bets. If you spend 100 CAD, you may win 120 CAD, as well as 50 CAD. The best games are completely random and unpredictable.
However, at the end of the day (or year, or whatever period), the game will pay 97 CAD on 100 CAD spent. It is just that the amount will be spread across all bets played at that particular point, before and after.
How RTP Affects Casino Payouts
So, if fair games are unpredictable, why is it important to focus on RTP? To put it simply, it is better to play with odds as high as possible. The best RTP online casino Canada games pay more in the long run, and patience is golden.
Besides that, RTP can help you understand how the game will act:
- Low volatility packed with high RTP pays very often, but smaller prizes;
- High volatility with low RTP pays less frequently than usual, which may cause frustration;
- High volatility with high RTP provides a blend of anticipation and great rewards.
We could go on like this for ages!
House Edge and Its Impact on Withdrawals
Every so often, players may encounter the term house edge and wonder what it has to do with the best payout online casino sites. Well, now that you understand the RTP, you must also know how the house edge works.
House edge is the opposite side of the same coin. While RTP tells how much you may potentially win, the house edge indicates how much the casino may get in return.
While slots and live casino games tend to use RTP, table games and classic card games display the house edge. Why so? Because they support a whole range of betting options. Not every option pays the same. Displaying house edge is simply fairer.
Does a House Edge Promise Timely Payouts?
House edge is an indicator of how much you get, and how much the casino gets. It has nothing to do with how fast the company will process your withdrawal request or send the payment.
Still, there is something that can be concluded from it. If the site has a fair house edge and transparent rules, it can be categorized as the best online casino Canada fast payout option.
House edge is only one piece of the gambling puzzle. Along with RTP, bonus rules, licensing and transparent policies, it contributes to the overall experience. Pay attention to details, and not promises written on banners and ads.
Tips for Finding the Best Online Casino Canada Fast Payout Options
Everyone wants to enjoy fast payouts when the time comes. That is why we gathered all the elements in one place. Let’s find the best withdrawal online casino in the Great White North:
- It must offer a variety of payment options, including the fastest ones, such as cryptos;
- The processing time should be as short as possible. Anything longer than three days is not fast;
- The company must enable you to verify your account before the first withdrawal, immediately after registering. This will speed things up in the future.
A well-paying casino is like a picture with many intriguing elements that contribute to the masterpiece. Never focus on just one thing, but the overall impression.
Tips for Choosing the Right Online Casino
Placing bets at the best payout online casino Canada increases your chances of winning. At the same time, it doesn’t grant you winning combos. Lady Luck can change her mind at any time!
Now we bring you some practical tips and tricks on how to choose the right online gambling platform. It must be a casino that pays well and fast. But is there something else to take into account?
Yes, there is, and we bring you all the details!
Maximize Your Winnings at High Payout Casinos with Responsible Gambling
No matter which game you pick at top paying casinos, you must gamble responsibly. This means you must respect the gambling budget you set and keep an eye on the losses.
Gamblers must never get carried away by their winning streaks. Although wins boat confidence, they can easily turn you into a cocky monster that feels invincible. It is one of the most common paths to overspending and breaking budget limits.
The other one is chasing losses out of frustration. Spending more money to compensate for the bets lost leads to ruin even at the best casinos.
Never bet more than you can afford and start small, before increasing the bet value.
Play High RTP Casino Games
Nowadays, the online gaming scene supports all sorts of games. The type of game to place your bets on is the one with high RTP. We explained the benefits of such titles before, but it doesn’t hurt to repeat them.
Games with a solid return rate are less stressful and may result in fruitful sessions. Before spending any money, always check the house edge and the RTP so you know what you are getting into.
Understand Paytables and Game Volatility
To enhance your experience at the best online casinos that payout instantly, it is important to understand every aspect of the game. Besides RTP, every player must know the volatility and the paytable.
The paytable explains how much certain types of bets or winning combinations pay. That is the most superficial aspect thereof. The number of symbols that land is also incredibly significant, as is the way they create wins.
High-variance games have more symbols than usual, typically more than 12. They will make you work for that win but also provide a more dynamic environment.
Low-variance games may include just a couple of symbols. At the same time, they can be just as volatile as high-variance titles.
That is why it is necessary to understand the volatility. The volatility is the measure that tells how the game behaves:
- Low volatility means the game pays smaller amounts, but more frequently;
- Medium volatility provides a great balance between money won and bets played;
- High-volatility games pay less often, but the prizes are more substantial.
Use Casino Strategies for Better Payouts
Most online casino games are random, meaning the element of luck is predominant. That doesn’t mean that when playing at the best payout online casino, you can’t implement a strategy or two.
Understand that in the case of games such as slots and roulette strategy may have a very limited impact. They are best used when managing money and the time spent gambling.
In poker and blackjack, the strategy may have a higher impact. To make the most out of it, educate yourself on different options and approaches. Reading gambling books and watching tutorials is always a great idea.
Pros and Cons of Top Payout Casinos in Canada
Let’s have a look at all the pros and cons of playing at the best payout online casino Canada sites.
Advantages:
- Higher payouts over time;
- Safer and most sustainable gambling;
- Fun with top-performing games;
- Better risk control;
- Faster cashouts.
Disadvantages:
- Requires more research;
- The gameplay must be adjusted to the game’s specifics.
Check out the top casinos we recommend, pick your favourite and start playing with solid returns today!
