Online Casinos with Best Payout: All the Latest Information for Canadian Players

Canucks love playing the highest payout online casino games. The primary factor driving this craze of online casino Canada is the possibility of winning massive payouts. And we are right here to give you the best online casinos that payout and can help you get the best of your staked money. The best payout online casinos that are discussed in this guide offer tempting bonuses and jackpots, along with some great payouts to its members. This can be a fantastic way for both new and existing players to win big while trying their hands on a best payout casino online.

Percentage Payout and Casino Payouts – What Do They Mean?

This ratio defines the amount of money the player is expected to earn relative to their initial bet amount. It can be obtained by dividing the win amount by the amount spent on the game.

It is calculated by simulating the game thousands of times and compiling the average payout earned. You can find a payout ratio as high as 99% at the best payout online casino Canada. For every CA$100 the player spends, they are expected to earn $99, where $1 is the natural house advantage or the Casino Payout that the casino makes from each stake.

Studying the payout ratio helps players estimate the amount they can make in the long run. You should note that not every $100 will give back $99 to the player, even at a high payout casino. However, if the game is played for a long time, they can expect to earn around the average Return to Player (RTP) or the payout mentioned.

Mostly, the best paying online casino sites have games with a very high RTP, so they help players earn better compared to other online casino operators. Their games lobby is full of progressive and mega jackpot slots that can deliver prizes worth millions to the players.

Hit Frequency is another related term that you will often find in the context of high payout casinos. The percentage of spins that resulted in a win versus the total number of spins made in the game. The amount of payout generated holds no value in calculating the hit frequency.

Most Famous Canadian Casinos with Tempting RTP

Here are the most popular high and fast payout casinos in Canada, along with their average RTP. These payout numbers are reviewed by independent testing agencies that ensure gaming fairness and certify that casino operations are appropriately regulated.

Who Reviews The Payout Percentage in Casino?

While you may find thousands of best paying casino online boasting their payouts, how would you know they are not presenting inflated figures? Many testing agencies regularly audit games at the best paid online casino, guarantee their fairness, and review their average payouts.

Let us know a bit more about these testing agencies regarding the services they provide and where they are based:

• 🛡️ eCOGRA- eCommerce Online Gaming Regulation and Assurance (eCOGRA) is a UK-based testing agency established in 2003. It is internationally approved and certifies online casinos across the world. The eCOGRA seal is provided to operators who follow the eGAP (Generally Accepted Practices) concerning fair gaming, player protection, and responsible operating behaviour. The testing is done via one-time onsite reviews followed by regular monitoring.
• ⚙️ TST- Technical Systems Testing (TST) was acquired by GLI in 2012. It offers testing and consultation services to land-based and online casinos. It is also based in London. Certification from TST validates a real money online casino Canada operator for conforming to industry standards and other technical and regulatory compliance.
• 💼 iTech Labs- It is an Australia-based testing unit involved in security audits, certification, and quality assurance in online casinos and offered casino games. The company also tests and approves sports betting software. Their testing incorporates even the micro-level aspects of online casinos, such as privacy, player protection, security, backup, and player registration. It was established in 2004.
• 🔬 GLI- Gaming Laboratories International (GLI) provides a range of services for software providers, regulators, and casino operators, along with giving certifications and testing to the global gaming industry. This company is the pioneer in testing interactive gaming products and is involved in continuous research and development to identify opportunities for enhanced gaming services. It was established in 1989 and has provided consultancy services in over 480 jurisdictions. This company is headquartered in New Jersey, America.
• 🔎 SQS- Software Quality Specialist (SQS) is based in Germany and primarily tests software quality and provides a business risk assessment. It was approved by UKGC, Alderney Gambling Control Commission and other regulatory bodies to offer casino testing services. The company is listed on the London and German stock exchanges. It was established in 1982 and has offices in different parts of Europe, such as Poland, Spain, and Belgium.

Playing at a casino with best payout is as crucial as picking a reliable operator. The casinos verified by these agencies ensure you play at a regulated site, and offered games generate RNG results. These organization seals to ensure your money is in safe hands.

You can win big even when playing at 1 dollar deposit casinos, so we also advise you to try your luck there.

How We Choose the Best Paying Online Casinos?

We did our homework when choosing the highest payout online casinos. And that involved research and review of several factors. While we observed the basic licensing, gaming, payment, bonus options, and customer support that defines a casino, we also deep delved into the wagering and other terms and conditions to bring only the best sites ideal for Canadian players.

• 💝 Bonuses – We reviewed the promotions concerning commonly found deposit bonuses, cashback, and reload bonuses available daily, weekly, and monthly. We also keep a keen eye on sites that offer large prize pools on slots, table games, or live casino tournaments.
• 🔐 Licenses – The highest paying online casino should be adequately licensed by regulatory authorities like Malta Gaming Authority, the Government of Gibraltar, Curacao eGaming, and the UK Gambling Commission. We ensure picking licensed and certified casinos from the testing agencies mentioned above.
• 🎲 Number and quality of best payout casino online games – Apart from slots that most sites offer in bulk, we pick casinos with a good mix of simple games like bingo, craps, keno, skill-based table games, and interactive game shows.
• 🕹️ RTP Indicator- RTP is the first indicator to know which online casino has the best payouts. We review the average RTP and the RTP of the games the platform is offering.
• 💰 Reliable payment methods – We choose casinos that offer most of the popular payment methods used by Canadians, like regular bank transfers with payment intermediaries like Interac, bank cards, e-vouchers, e-wallets, and cryptocurrency.
• ☎️ Customer support service- A good casino online best payout should be able to provide continuous support for your queries. The support representatives should be courteous, and the response time should be low. We review the various forms of support offered in the form of mail, phone, and live chat and the support languages in the best payout casinos.

How to Search For the Highest Payout Casinos?

We understand how daunting it can be to determine which operator offers the best online casino payouts. We have jotted down a few steps below so that you do not miss anything while choosing a site to play.

1. You can visit our site to read the casino reviews and know the features and offerings in detail. You can also research online to find past customer reviews and ratings of gambling operators.
2. First, you can pick the options providing the best casino payouts by checking their average RTP.
3. Ensure top regulatory authorities license your chosen operators.
4. Study independent reports of testing agencies.
5. You must check out the casino bonuses from the ‘Promotions’ section. There should be offers for you as a new player and when you become a regular at the site. Check out the welcome offer and the associated wagering conditions.
6. Check the games section to find your preferred games and the software providers backing the operator.
7. You can go to the ‘Banking’ section or click on the deposit icon to check the available payment methods. You should carefully check the withdrawal options, as most casinos usually offer fewer withdrawal options.
8. Compare the casinos on the above parameters, find the best fit per your preferences, and start playing.

Top Rated Casinos with High Payout for Canadians

We have rated 5 of the best paying casinos online after a detailed review of the abovementioned features. You can trust our ratings as these are created by industry veterans who have experience playing at multiple online casinos for many years.

• JackpotCity
• Casino Days
• Casino Friday
• iLucki
• Wildz

Let’s Talk About The Highest Payout Casino Games

The RTP of the offered games decides the average payout of a casino. Following are the games you will find in the best paying online casino Canada.

• Highest Payout Online Casino Roulette

You will find many online Roulette tables featured in the highest payout online casino sites. Roulette bets are placed on a table with a giant wheel on the side. The wheel has around 36 numbered segments and is spun with a ball toppled over. The segment where the ball stops decides the winning number of the segment. The average RTP of online Roulette is around 97%.

• Online Poker at the Best Online Casino for Payouts

Poker is a card game played on a table with 6-7 players at a time. You have to compete for card rankings with fellow players in most poker games, while in some versions, like Caribbean Stud Poker, you will play against the dealer. This table game has an average RTP of 99%.

• Best Paying Online Casino Blackjack

Also known as twenty-one, the basic objective in Blackjack is to reach your hand total as close to 21 without going above. The main idea is to bet and beat the dealer with the sum of the cards in your hand. Multiple blackjack variants are created by offering different side bets, each offering the best casino payout of around 99%.

• Live Dealer Games at Best Pay Casino Online

You will find many variants of Blackjack, Roulette, Baccarat, Poker, and sometimes dice games in live casinos where live dealers conduct the games before you in real time. You would play just as you do in a physical casino, with high-quality videos streamed from casinos or software studios.

• Best Payout Slots

There are many high RTP as well as low RTP slots available in online casinos. Often the slots featured by high payout casinos are high in RTP with mega jackpots, generous bonus multipliers, and free spin offers. You might also find progressive jackpot slots that give away prizes in millions featured at such casino sites.

Highest Paying Slots

There is a plethora of options to play slot games at our listed best paying online casinos and grab great payouts. We are not talking about demo play slots; you can very well play slots with real money and win at them, with the bonus features working their way to help you collect great wins.

If you are confused about which slot to pick, you can read through the slots reviews on our website to understand their features and start rolling wins. We have multiple high RTP slots on our recommended online casino best payout sites.

Be Ready to be Mesmerised with The Best Payout Casino Bonuses

So coming to the most important aspect now, bonuses! Every gambler, be it in Canada or the world, loves the promotions the casinos offer. We will let you know about the typical bonuses offered at our featured sites, which have online casino best payouts.

These bonuses can be provided by adding the bonus codes or credited directly once the prescribed minimum deposit conditions are met. You should note that all types of bonuses offered at the sites offering the best Canadian online casino payouts are subject to wagering requirements that must be met before any withdrawals can be made.

Further, there could be additional conditions like certain restrictions on the payment methods to availing the bonus, restricted state, maximum bet cap, or restricted games while availing the offer.

• 🎁 Welcome bonus- The welcome bonus is offered to new players by almost all casinos as a standalone deposit bonus or as a package of the first 2-3 deposits, along with free spins on a specific slot. For example, you can earn a 100% bonus of up to CA$ 500 and 115 free spins on the 9 Masks of Fire slot at Casumo Casino.
• 🎰 Free spins- Many times, individual free spin offers are given away on specific slot games. These can be provided to both new and old players. For example, Mr. Slot Casino offers 50 free spins as a no-deposit bonus when new players register on the website.
• 💸 Reload bonus- Such offers are only meant for old players, who will earn reload bonuses every time they make an additional deposit on the website. The percentage deposit match-up is generally less than a welcome bonus. For example, Bizzo casino offers a 50% Thursday Reload bonus of up to CA$ 300 plus 100 free spins on The Magic Cauldron: Enchanted Brew slot.
• 🏧 Cashback- Many operators offer cashback bonuses to cover some of the losses their seasoned players have made on their site. The cashback bonuses are often offered weekly on every Monday and deposit a certain percentage of losses made during the week as bonus funds in your account. For example, Wazamba offers 25% live casino bets cashback up to CA$ 300.

Payment Methods Available At Highest Paying Online Casino

The best online casinos that payout well also offer many payment options for the convenience of players to help make their deposits and withdrawals hassle-free. Canadians can easily make transactions in Canadian Dollars, even at international casinos, without paying currency conversion charges.

Further, the best payout casino Canada tries to offer the lowest possible time for withdrawals and a high withdrawal limit. There could be minimum and maximum limits on deposits and withdrawals, subject to the payment type you choose. Here are examples of some of the common payment methods at Canadian casinos.

• 🏛️ Bank transfers – Players can instantly transfer money from their bank account by a regular wire transfer or using payment intermediaries like Interac.
• 💳 Debit and Credit Cards – Most of the best payout online casino operators allow transactions through VISA, Mastercard, and Maestro cards.
• 💰 Electronic wallets – These days, many popular e-wallets are used to transfer funds quickly. Commonly offered e-wallets accepted at Canadian sites include MiFinity, Jeton, ecoPayz, Much Better, eZeeWallet, etc.
• 💲 Cryptocurrencies- You can deposit and withdraw in multiple cryptocurrencies, including Bitcoin, Ethereum, Ripple, Dogecoin, USDT, Litecoin, Tether, Bitcoin cash and others.
• 📱 Mobile payments – Many mobile wallets are offered for making quick transactions through mobile. For example, Apple Pay or Google Pay. Further, some casinos also offer the facility to pay by phone bill, where the deposited amount gets added to the monthly phone bill of the player.
• 💸 Prepaid cards- Popular prepaid voucher options accepted at Canadian casinos are Paysafecard, Flexepin, Neosurf, CashtoCode, etc.

Guide: How to Get Started With Playing in High Payout Online Casino?

Let us now know how to start playing at the best payout casinos.

• Choose the best online casino for payouts after evaluating the various parameters like licensing and certifications, bonuses, gaming library, payment options and customer support facility.
• Register on your chosen website by adding basic details like Name, Email, Mobile Number, Address, and your preferred currency.
• Go to promotions if you wish to avail of the welcome offers and check out the minimum required deposit.
• Deposit the amount by picking any available payment method at the highest payout casino.
• Go to the games lobby and pick a game of your choice.
• Fix the bets and start playing it.

Tips to Increase Your Chances of Winning at the Best Payout Online Casino

Although you have chosen the best payout casino online, there are certain tips and tricks that you can use to enhance your winnings.

• Start with a fixed bankroll and stick to it.
• Pick the best payout online casino.
• Avoid playing on unregulated sites.
• Carefully study the rules of the games before playing.
• Check the limits on transaction modes.
• Read the detailed casino terms and conditions, especially those related to withdrawals.
• Do not try to chase your losses.
• Read and research the game you are playing and devise a strategy to play.
• Know the RTP, house edge, and game odds.
• Avoid going overboard when the house edge is low.
• Do not believe bonuses as fake or casino stunts to attract players; use them to your advantage and increase your betting funds.
• Read through the wagering conditions of the bonus offers.
• Try demo games or play the games with low stakes initially.
• Know the game rules well.
• Do not play casino games under the influence of alcohol.

Advantages & Disadvantages of Online Casinos with Best Payouts

The best casinos might be good in some aspects, but might not live up to the expectations of certain other factors. The best part is, gamblers can win high at the best-paying casinos by spending a small amount of money. Here are the significant advantages and disadvantages of high payouts casinos.

Overview

You must be relieved to know that high payout casinos are well-certified by testing agencies. The payout numbers are not advertised just for the heck of marketing.

We hope the highest payout online casino Canada operators listed down by us help you pick a casino instantly without a doubt. Our team of online casino experts have played at these sites to provide you with first-hand details of their gaming experience. We have reached out to the customer support teams of these sites to check the promptness and average response time.

We have also reviewed the terms and conditions of these casinos to see if they are adequately customer friendly and how well they fare against top international casinos. The online casino with best payouts we suggest will give you an intuitive website or mobile interface to play and give you an enriching gambling experience.