Best Payout Online Casino In Canada
It isn’t a surprise that any Canadian gambler would choose the best payout online casino in favor of just a regular one with average payouts. The motivation to grab the most winnings possible is fully justified, whereas selecting the best-paying online casino among thousands of gambling websites can be challenging. Our review team is proud to help you find out the highest payout online casino, alongside shedding light on the aspects of RTP, payment methods, bonuses, and mobile gameplay options. Read on and get to know everything about top-paying casinos in our featured review.
Best Paying Casinos
Discover The Top Online Casinos In Canada With The Best Payout Rates For High Winning Potential!
The payout rate, also known as the Return to Player (RTP), is a measure of the percentage of total wagers that are paid out as winnings by an internet casino over a period of time. To check the payout rate, you can follow these steps:
- Check the casino’s website: Most reputable web casinos will provide information on their payout rates, either on their homepage or in the terms and conditions section. Look for a link or tab that says “payout rates,” “RTP,” or “fair gaming.”
- Look for independent audit reports: Many sites hire independent auditors to test and verify their games for fairness and accuracy. These audit reports often include information on payout rates. Look for audit reports from reputable firms such as eCOGRA or iTech Labs.
- Search for online reviews: Many gambling review sites and forums will have information on the payout rates of different casinos. Look for reviews from trustworthy sources and read comments from other players to understand the casino’s reputation.
It’s important to note that payout rates can vary widely between different games and even different versions of the same game. So, make sure to check the payout rate for the specific games you’re interested in playing.
Best Payout Online Casino Canada For 2023
| Rank | Online Casino | Rough Payout Rate | Welcome Bonus | Top Paying Slot |
| #1 | Jackpot City | ~98.3% | $1600 + 80 Free Spins | Immortal Romance |
| #2 | Spin | ~98% | $1000 + 50 Free Spins | Jurassic Park |
| #3 | Friday | ~97.7% | $500 + 200 Free Spins | Mega Joker |
| #4 | National | ~97.4% | $500 + 100 Free Spins | Tropic Reels |
| #5 | Samosa | ~97% | 11% Cashback | Troll Hunters 2 |
| #6 | Parimatchwin | ~97% | C$750 + 225 Free Spins | Uncharted Seas |
| #7 | Jonny Jackpot | ~97% | C$1000 + 100 Free Spins | Quest To The West |
| #8 | Captain Spins | ~97% | C$1200 + 260 Free Spins | Reel Rush |
| #9 | Vegas Kings | ~97% | $400 + 40 Free Spins | Sugar Pop |
| #10 | Rocket | <97% | $500 + 50 Free Spins | Devil’s Delight |
| #11 | PlayOjO | <97% | 80 Wager Free Spins | Narcos |
| #12 | Nitro | <96% | $5000 | Kings of Chicago |
| #13 | StayCasino | <96% | C$1020 + 350 Free Spins | Supernova |
| #14 | SlotsMagic | <96% | C$500 + 50 Free Spins | Blood Suckers |
| #15 | 21.com | <95% | $100 + 1000 Free Spins | Sword of Khans |
Please note that the information provided about the RTP rate for each casino may not be completely accurate, and is subject to some variation.
What Is RTP? A Guide To The Fundamentals Of Canada’s Best Payout Online Casinos
RTP stands for “Return to Player.” In the context of gambling and online casinos, it is a percentage that represents the average amount of money that a player can expect to win back from their wagers over the long term. For example, an online slot with an RTP of 95% will return $0.95 to the player for every $1.00 wagered over many spins. The RTP is typically calculated by the game developer or by independent testing agencies and is an important measure of the game’s fairness and player value.
Let’s take a closer look at the high and low payout rates in Canadian online casinos.
Is It Possible To Calculate An RTP Of An Online Casino?
It is almost impossible to calculate the overall RTP of an entire online casino, as the RTP measures the payout percentage for individual games. Each game at an online casino will have its own RTP, typically calculated and displayed by the game developer or by independent testing agencies.
To determine the overall payout rate, you would need to consider the RTPs of all the games offered by the website and calculate a weighted average based on the total amount of money wagered on each game. However, this would be a complex and time-consuming task, as internet casinos offer a large number of games with varying RTPs, and the data needed to calculate the overall payout rate may not be readily available.
Instead of trying to calculate the overall RTP of an online casino, it is often more useful to look for information on the individual game RTPs and choose games with high payout rates. Many web casinos provide information on the RTPs of their games, and this information can also be found on independent review sites and forums.
What Payout Rate Is Considered To Be High And Low
Regarding the payout rate of online casinos, what is considered high and what is considered low can vary over time. Any online casino with an RTP of over 95% is considered a high payout casino, with the potential for more frequent and more significant winnings in the long term as the payout rate approaches 100%. Our review of various sites found that an RTP of 95% to 99% is a good range for those seeking regular returns and significant payouts. Conversely, a payout rate of less than 95% is generally regarded as low and is not recommended by our review team. Most online casinos in Canada fall into this category, and playing them could result in a poor gambling experience and frequent losses. For the best possible experience, it is recommended to choose a platform with an RTP of at least 95%.
Best Casinos Selection
Exploring Payment Options At Top Payout Online Casinos In Canada
The payment options available at the best payout online casinos in Canada may vary depending on the specific site. However, most reputable ones in Canada offer a range of payment options to accommodate different player preferences.
Common payment methods accepted in Canada include credit and debit cards, such as Visa and Mastercard, as well as e-wallets like PayPal, Skrill, and Neteller. Many casinos also accept bank transfers, prepaid cards, and even cryptocurrencies like Bitcoin.
When choosing a payment method, it’s important to consider factors such as processing time, fees, and security. Some payment methods may offer faster processing times but charge higher fees, while others may be slower but offer lower fees or greater security measures. It’s also a good idea to check the terms and conditions of the internet casino to ensure that your preferred payment method is accepted and to review any applicable fees or processing times.
Best-Paying Casinos with Interac
| Online Casino | Deposit / Withdrawal Time | Payout Limit |
| Rocket | Instant / Up To 1 Hour | C$15,000 per month |
| Jackpot City | Instant / Up To 24 Hours | C$4,000 per week |
| Captain Spins | Instant / Up To 24 Hours | C$20,000 per month |
| National | Instant / Up To 1 Hour | C$50,000 per month |
| Samosa | Instant / Up To 24 Hours | C$15,000 per month |
Best-Payout Casinos with Instadebit
| Online Casino | Deposit / Withdrawal Time | Payout Limit |
| Karamba | Instant / Up To 24 Hours | C$7,000 per month |
| Joo | Instant / Up To 1 Hour | C$12,000 per month |
| Cat Casino | Instant / Up To 1 Hour | C$35,000 per month |
| Gaming Club | Instant / Up To 48 Hours | C$4,000 per month |
| Yukon Gold | Instant / Up To 48 Hours | C$4,000 per month |
Top Payout Casinos with Astropay
| Online Casino | Deposit / Withdrawal Time | Payout Limit |
| RollingSlots | Instant / Up To 1 Hour | $10,000 per month |
| Casoola | Instant / Up To 1 Hour | $22,000 per month |
| Bizzo | Instant / Up To 1 Hour | $50,000 per day |
| Days | Instant / Up To 1 Hour | $100,000 per month |
| Genesis | Instant / Up To 1 Hour | $22,000 per month |
Best-Paying Online Casinos with Crypto
| Online Casino | Deposit / Withdrawal Time | Payout Limit |
| Spin Samurai | Instant / Up To 1 Hour | C$15,000 per month |
| Parimatchwin | Instant / Up To 1 Hour | C$80,000 per month |
| PlayFortuna | Instant / Up To 1 Hour | C$3,000 per day |
| National | Instant / Up To 1 Hour | C$50,000 per month |
| Bizzo | Instant / Up To 1 Hour | C$50,000 per month |
High Payout Table Games At Online Casinos: What To Play
Table games are a popular choice at online casinos, and many offer high payout rates compared to other types of games. For example, blackjack is a classic table game that typically has a high payout rate of around 99%, meaning that players can expect to win back 99 cents for every dollar they wager over the long term. Baccarat is another popular table game with a high payout rate, often around 98.5%. Other table games like craps and roulette can also have relatively high payout rates, with some variations offering payout rates of over 97%. It’s important to note, however, that payout rates can vary depending on the specific rules and variations of the game, so it’s always a good idea to check the game’s RTP before playing.
Highest Payout Casino Games RTP Details
| Game | Average RTP |
|---|---|
| Online Slots | 92-98% |
| American Roulette | 94-95% |
| Craps | 98.6% |
| Baccarat | 98.9% |
| Blackjack | 99% |
| Video Poker | 99.5% |
Best Payout Online Slots, Top-10
| Rank | Online Slot | Average Payout Rate | Developer | Casino To Play |
| #1 | Mega Joker | 99% | Netent | Friday |
| #2 | Tropic Reels | 99% | Playtech | National |
| #3 | Uncharted Seas | 98,6% | Thunderkick | Parimatchwin |
| #4 | Blood Suckers | 98% | Netent | Caxino |
| #5 | Quest To The West | 97,53% | Betsoft | Jonny Jackpot |
| #6 | Reel Rush | 96,96% | Netent | Captain Spins |
| #7 | Troll Hunters 2 | 96,50% | Play`N GO | Bizzo |
| #8 | Lightning Joker | 96,30% | Yggdrasil | Casumo |
| #9 | Narcos | 96,23% | Netent | PlayOjO |
| #10 | Sword of Khans | 95,36% | Thunderkick | 21.com |
Can Online Slots be Rigged and RNGs Cheated? Is Highest Winning Online Casino A Scam?
Online slots are developed by people who are heavily regulated during that entire process. Even before the game is launched, the software provider must obtain a certificate from testing authorities who also need a license. Therefore, it can’t be rigged as long as it is provided by a licensed software developer and published on a regulated online casino.
RNGs or random number generators used by casinos are called pseudo RNGs. It means that they don’t require an external input to provide an output. They are used for virtual games where there is no dealer. Even though there is a common belief that you can track and then predict the outcome of an RNG, it is impossible.
What Does the Volatility of Highest Payout Slot Machines Represent?
Putting it simply, the volatility of a casino slot represents the risk of the game you wish to play. The games can be of high, medium, and low risk. The slot of higher volatility will have a longer time without any wins, but once it happens, the prize would be bigger than the games of the lower volatility levels.
Looking into the RTP of an Online Casino & Online Slots
RTP, or the return to player, is known to the bettors as an indicator of the statistical advantage that a particular slot has over the player. In other words, if the RTP of a slot is 95%, it means that every 5% of the money placed on betting stays in the casino. Due to recent changes in the law, gambling websites are now in the obligation to show the RTP for each game.
Payout Percentage of Best Paying Online Casinos Under Control
eCOGRA
eCOGRA is a leading independent and internationally accredited testing laboratory, inspection, and certification body specializing in the testing of software for online casinos. eCOGRA was founded in 2003, based in London.
Interactive Gaming Council (IGC)
IGC is a non-profit association that serves as a collective voice for the interactive gaming industry. It was founded back in 1996 in the US. Nowadays, it is located in Vancouver, Canada.
Gaming Laboratories International (GLI)
GLI is one of the largest networks of global companies that are specialized in independent testing and evaluation services for all types of gambling technology. GLI has gone live since 1989, and over the years, it has developed numerous standards for worldwide gambling jurisdictions. GLI tests slots systems, networked gaming, electronic table games, progressive jackpot slots, RNGs.
Best Payout Online Slots
Are Bonuses An Option at the Best Payout Online Casino?
The simple answer is yes. Many best payout casinos offer unique bonuses that the players greatly appreciate. However, they can vary from the amount to the requirements to get them. For some perks, like the welcome bonus, players need to be newcomers, meaning that it is the first time they are playing a game on that website. Then some bonuses depend on the amount of the deposit made by the player. Also, one of the best ways to keep track of these bonuses is by subscribing to the newsletter of your preferred website.
FAQ
According to our review, Ruby Fortune and Jackpot City have the highest RTP rate.
Casinos are obliged to make payouts in winnings that don`t break any rules from terms & conditions.
Play the slots that you have practice with. Also, consider the RTP rate.
There is no such pattern.
The usual deposit methods used in those casinos range from e-wallets to credit cards and Bank Wire transactions. Once you’re looking for particular statistics on popularity, be sure to consider the following list of the most popular deposit methods in the best paying casinos:
1. Skrill
2. Neteller
3. Bitcoin
4. PayPal
5. Visa
6. MasterCard
7. Paysafecard
As you can see, the choice of banking options is vast, eventually granting Canadian gamblers countless options to top up their game balances.
It is also true that all those casinos with high payout rates have flexible withdrawal options. Those who are fond of using e-wallets will surely prefer requesting a withdrawal via Skrill, or Neteller.
It is worthy of mentioning that thousands of Canadian gamblers are still up for cashing out their winnings via the use of Visa and MasterCard, which are still there in the case of top payout casinos. Most innovation-driven online websites in Canada are adding Bitcoin and cryptocurrency options. Choose the one that fits you the most to withdraw your winnings from any best payout online casino easily.
Sure! All top paying casinos in Canada offer generous bonuses and promotions to newcomers and active players.
Mobile gambling is on the rise in Canada. That means fans playing on the go can easily do so even in the best payout online casinos.
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