Try The Best RTP Online Slots Canada – 2024
High payout slots offer the best value for money at the casino, rivaling that of classic table games such as blackjack and European roulette. These games can extend the life of your bankroll, giving you more bang for your buck. To help you find them, our team has been busy researching and testing the best RTP online slots in Canada. In this guide, we share what online slots payout the most, along with the best developers, expert tips, and more.
Highest Payout Online Slots
18+|New Players Only|C$15 Minimum Deposit|40x Wagering|C$750 Max First Deposit Bonus
19+|New Players Only|C$10 Minimum Deposit|30x Wagering|C$300 Max First Deposit Bonus
18+|New Players Only|C$30 Minimum Deposit|35x Wagering|C$750 Max First Deposit Bonus
19+|New Players Only|$10 Minimum Deposit|Wager-free|80 Free Spins First Deposit Bonus
What is RTP?
The RTP or “return to player” rate of an online casino game indicates how much of your bet you expect to receive back in the long run. The higher the RTP rate, the more you can expect back, and the lower the RTP rate, the less you can expect.
For example, if a slot game has an RTP rate of 96%, you can expect to receive back $0.96 for every $1 you bet. Bear in mind that this is an average that is calculated over millions of rounds and is not indicative of how much you can expect back each time you bet.
A game’s RTP rate is an important information, as it allows you to pick the games with the best payout rates. A high payout rate means that the casino’s house edge is lower, which gives you an increased chance of winning in the short term.
Calculating RTP
Calculating the actual RTP rate of a slot game is much more difficult than a table game. With a table game, you can calculate the odds of each event happening and compare it to the payout to get your RTP rate.
For example, in roulette, you know that that the odds of hitting a single number in a double zero game is 1/38, while the payout you get for doing so is only 35/1 plus your original bet. You can divide the payout by the odds (36/38) to get the RTP rate of the bet (94.74%).
Jordan ConroyCasino expert
However, calculating the RTP for slot games isn’t as easy, as you aren’t figuring out the RTP of each bet, you’re figuring it out for the whole game. To calculate the RTP rate of their games, developers must calculate the probability of hitting each possible combination, multiply those odds by their respective payouts, total those values, and divide by the total amount wagered.
In the end, the formula used to calculate the RTP rate looks a little something like this:
Regulating and Checking RTP
Gaming authorities such as the MGA, AGCO, and Kahnawake Gaming Commission regulate all legitimate online casinos and game providers. These regulatory bodies conduct regular audits to ensure the fairness of each game. This includes testing and verifying the random number generators and checking the integrity of the software for built-in biases.
To ensure each slot’s RTP rate is correct, they’re checked by accredited testing agencies such as eCOGRA and Gaming Laboratories International. These companies rigorously test each slot game, playing millions of rounds to make sure that it’s paying out at its advertised rates.
Best Payout Online Slots
10 Best Payout Online Slots in 2024
If you want to try the best RTP online slots in Canada, we’ve got just the thing for you. Our experts have spent hours researching and comparing high payout slots available to Canadian players, compiling a list of the best options. So, if you want to play exciting slot games with the best payout rates, check out our table below.
| Online Slot | Average Payout Rate | Max win |
| Moody Fruits | 99.91% | x250.00 |
| Coin Rat | 99.54% | x1000.00 |
| Maya King | 99.54% | x4800.00 |
| Greatest Circus | 99.54% | x14400.00 |
| Stone Hominid | 99.54% | x18250.00 |
| Immortal Heroes | 99.29% | x588.00 |
| Chef Lady | 99.29% | x250.00 |
| Booming Gems | 99.29% | x250.00 |
| Fushen Coming | 99.29% | x76800.00 |
| Fruity Beats Xtreme | 99.08% | x200.00 |
Who Calculates Online Slots Payout Rates
Online slots go through multiple checks before their RTP rates are advertised at an online casino. This ensures that by the time it gets to you, you can be sure that the rate you’re seeing is accurate.
First, the game developer calculates the theoretical RTP rate based on the average hit rate and potential payouts. Once a game has been finalized and is ready for testing, it will be sent to a recognized testing body, such as iTech Labs, eCOGRA, or GLI. These companies run simulations to test that the theoretical RTP rate and actual RTP rate are the same.
The games are tested by running millions upon millions of simulations. During this process, the bet amount and returns are tracked simultaneously and used to calculate the actual RTP rate of the game. The more simulations run, the less variance becomes a factor, and the more likely the results will be correct.
As long as the theoretical and actual RTP rates are aligned (accounting for any possible variance), the game is approved and deemed appropriate for public use.
Jordan ConroyCasino expert
Top Providers of High Payout Slots
When looking for the top payout online slots, it’s important to look further than just the RTP number and evaluate the quality of the game you’re playing. While researching and testing the top paying casino slots in Canada, our experts took extensive notes, highlighting the games that they found to be the most enjoyable. After comparing our data, we found that games from the following developers were regularly rated as the most fun to play. So, when you’re looking for your next high-paying slot, keep an eye out for these names:
- NetEnt. Founded in 1996, NetEnt is known as one of the top online slot providers in the world. They’re committed to pioneering innovations in the iGaming industry, creating games on the cutting edge of new technologies. Some of their most popular high-payout games include Blood Suckers, Secrets of Atlantis, and Böb: The Epic Viking Quest for the Sword of Tullemutt.
- Microgaming. One of the longest-running game developers to date, Microgaming launched back in 1994. The company is known for creating games with an emphasis on graphics and sound design, creating an engaging environment that compliments its exciting gameplay features. Some of its highest payout online slots include Hot Ink, Win Sum Dim Sum, and Couch Potato.
- Playtech. With more than 25 years in the casino industry, Playtech has established itself as one of the leading high payout slot developers. They’re committed to providing their players with excellence and innovation which can be seen in their popular games, such as Alien Hunter, Golden Tour, and Arowanas Luck.
- Play’N Go. Back in 2005, the creators of Play’n Go noticed a gap in the market for high-quality slots that are designed with mobile gameplay in mind. Since then, they’ve committed to creating innovative, exciting, and well-designed slots that are made to be played on the go. Their most popular mobile-friendly, high RTP games include Gem Drop, Mr Toad, and Gold Trophy 2.
The main aim of playing online slots is to have fun, so look for games that offer great entertainment as well as a high payout rate.
How to Check RTP in a Slot
While browsing Canadian casinos with the highest slot payouts, you’ll find that there are multiple ways to check a game’s RTP rate. These include:
- On the game selection screen. Some casinos offer information such as a slot’s developer and payout rate right on the game selection screen. Simply hover over a game’s icon to reveal the info.
- In the game’s information section. All slots have an information page that offers info on things like symbol payouts, bonus rounds, and RTP rates. Look for the small “i” symbol in the corners of the game.
- On a casino’s RTP breakdown. We’ve found that some high payout casinos offer a downloadable list of games along with their payout rates. This can typically be found at the bottom of the homepage.
Some of the best paying online slot games have a variable RTP rate that can change from site to site. This is why it’s important always to check the RTP before you start playing.
Jordan ConroyCasino expert
New High RTP Slot Games 2024
New slots with high RTP rates are being released all the time, providing plenty of options to Canadian players. During our research, our experts found a variety of high payout slots released this year. Here are just some of the best payout online slots our experts have tested this year:
| Slot | Provider | RTP | Release Date |
| Mahjong Win | Dragoon Soft | 98.76% | 29/01/2024 |
| Aztec Jaguar Megaways | SYNOT | 98.11% | 18/01/2024 |
| Gates of Heaven | Pragmatic Play | 98.00% | 08/03/2024 |
| ZooBall | Mobilots | 98.00% | 08/01/2024 |
| Kitty Carnival | Urgent Games | 98.00% | 11/03/2024 |
House Edge vs RTP
When evaluating a casino game’s payout rate, players often quote its RTP rate and house edge. While they may sound different, these terms are two sides of the same coin.
The RTP rate of a game is how much you can expect to receive back from each bet, whereas the house edge is the amount of a bet the house wins each time you bet. So, a casino game with a 95% RTP rate will have a house edge of 5%. This means, on average, you’ll receive back $0.95 for every $1 you bet, whereas the casino will win $0.05 for every $1 you bet.
When discussing casino games, slots are usually referred to by their RTP rate, whereas table games use house edge. However, this isn’t a hard and fast rule, so feel free to use the one you feel most comfortable with.
Jordan ConroyCasino expert
Expert Tips for Playing High Payout Slots
To help you get the most from your high payout slot experience, our experts have provided some helpful tips that you can use in your next gameplay session.
- Practice bankroll management. Even though these games have the best payout rates in the casino, it’s possible to lose your bankroll if you’re not careful quickly. We recommend only betting a small percentage of your bankroll each round to minimize the risk of going broke.
- Read the game rules. Before you start playing, read through the rules of the game and familiarize yourself with the symbols, gameplay features, and bonus rounds. By understanding what’s going on, you put yourself in the position to make the best possible decisions.
- Claim casino bonuses. Bonuses and promotions extend the value of your deposits, allowing you to play your favourite games for real money longer. Missing out on these offers is like passing up on free money!
Pros and Cons of High Payout Slots
Based on their description, you may think that there are no downsides to playing the highest percentage payout slot machines. However, nothing’s perfect, and there are some negative aspects to consider.
To that end, we’ve listed the key pros and cons of high payout games, giving you everything you need to make an informed decision.
| Pros | Cons |
| The low house edge makes it more likely that you can have a winning session in the short term. | Many of the best payout slots have low maximum wins. |
| Many of these games have a low volatility level, so you don’t have to endure big swings while you play. | These games aren’t as common and offer limited variety. |
| The high payout rate gives you a better return on investment, letting your deposit last longer. | |
| The frequent payouts make for a more enjoyable gaming experience. |
Our Verdict on the Best Online Casinos that Payout
To sum up, high RTP slots are the best way to make your money go further when playing at an online casino. These games have the highest payout rates in the casino and typically offer low volatility levels, giving you the best chance of winning in the short term.
Before you start playing our recommended slots, check out our unbiased casino reviews to find the top places to play and always gamble responsibly.
FAQ
- What slot machine pays out the most?
-
Based on our findings, the best online slots payout percentage is Moody Fruits by Relax Gaming. This game has a payout rate of 99.91%, which is about as close to 100% as you’re likely to find.
- What slots have the highest pay rate?
-
After conducting research into which online slots payout the most, we’ve found that the games with the highest RTP rate are Moody Fruits, Coin Rat, and Maya King. Each of these games has an RTP rate of over 99.50%, making them the best option available at the casino.
- Is there any connection between volatility and high payout slots?
-
While there isn’t a direct connection between volatility and high payout slots, there is a strong correlation. Slot machines with the highest percentage of payout tend to have low variance and have lower maximum wins, whereas games with lower RTP rates have a high volatility level and bigger jackpots.
- Can I win more money playing high payout slots?
-
All online slots have a house edge, which means that you cannot make money in the long run. However, the higher the RTP rate is, the more likely that variance can make you a winner in the short term.
- What is a loose slot machine?
-
A loose slot machine is a slang term for a slot that pays out often. The term comes from the time of physical slot machines; slots that had a loose mechanism would pay out more than they should.
Article by
Jordan Conroy
