Highest Payout Casinos
Looking for top-rated payout casinos in Canada? We’ve got you covered. In this review, you’ll find all the casinos with the best RTPs, as well as information about how we determined each ranking. This is essential to picking the right casino for you and your betting style. However, not all casinos (or games, for that matter) pay out the same amount.
In this guide, we will provide you with important information about all of the best casinos available to Canadian players so that you can maximize your playing experience. Read on to learn more!
Top 15 Payout Casinos in Canada 2022
Below, we’ve listed the highest payout online casinos for Canadian players. However, we’ve only listed those that we know are a completely safe place to spend your hard-earned $$. How did we come up with these rankings? It starts with evaluating the RTP, or “return to player” of the games and the sites themselves.
- 1. JackpotCity Casino
- 2. Ruby Fortune Casino
- 3. Casumo Casino
- 4. Spin Casino
- 5. Royal Vegas Casino
- 6. Genesis Casino
- 7. Playamo Casino
- 8. PlayOJO Casino
- 9. Betway Casino
- 10. TonyBet Casino
- 11. Videoslots Casino
- 12. LeoVegas Casino
- 13. All Slots Casino
- 14. ComeOn Casino
- 15. Wheelz Casino
Understanding Payout Percentages
The casino payout percentage reflects the total amount of player winnings when compared with the money wagered over a given period. Each game has its own RTP rate, so to get an accurate number, we need to evaluate each game on a given site. Believe us; this can make a huge difference when it comes to winning big or simply “feeding the site.” Indeed, at the very best payout casinos, you can find games with amazing RTPs that boost your chances of winning immensely.
Organizations that Calculate Casino Payout Percentage
There are special organizations that help determine a given game or casino’s payout percentage. These are independent agencies that test and verify RTPs and publish the results online or on the casino’s front pages. If you want, you can check for these logos and names in order to make sure you’re spending your cash in the right spot.
eCOGRA
eCOGRA is by far the most relevant online casino RTP auditor. The site is internationally accredited by multiple jurisdictions and specializes in software and systems in online gaming. When a site displays the eCOGRA’ Safe and Fair Seal, you can rest assured they’re fully compliant with the agency’s standards. This means that…
- All the games are fair
- The operator has a suitable amount of transparency
- Players can rest assured that their money and information are safe
eCOGRA will always state the RTP rates of each casino as well as the payout percentage of each slot, blackjack, roulette and video poker game.
Other Organizations of Note
There are other agencies that deal with RTP certification, too. One is Gaming Laboratories International, or “GLI.” The other is iTechLabs. Both organizations are accredited testing laboratories that certify online gaming systems, including online slots and table games. They also check the overall fairness of card games, bingo, and lotteries and many others.
Categories for Payout Percentages
When certifying a casino, testing agencies like to categorize payout percentages to make things easier for players. The most common categories are:
- Overall casino RTP (all games)
- Slot games
- Table games
- Poker games
Read on to learn more about each of these categories and what you should pay attention to when picking a game.
Best Payout Casinos: All Games
The overall casino payout percentage is calculated by looking at the sum of all games’ RTPs, then dividing that number by the total list of games. The higher this number, the more the casino returns to players and the better your odds of winning will be. That said, this is just an average, so it won’t apply to all games. Some are lower, and some are higher. To maximize your chances of winning, you want to find a casino with a high payout rate. From there, you can search by game or by type of game.
Best Payout Casinos: Slots
The best payout slots have RTPS ranging from 87% to over 99%. Of course, all providers are required to have an RTP ratio stated next to the game. You can find it in the information section of any slot. As long as one of the above organizations has certified the site, you can rest assured it’s correct.
Best Payout Casinos: Card and Table Games
Table games like blackjack, baccarat and roulette feature some of the highest RTPs of all. In fact, blackjack has an incredible 99.5%, but you need to play with some skill as well as luck. Indeed, strategy is everything when it comes to these table games, but you can always use the stated RTP as a guide to evaluate your odds.
Casinos That Have the Best Payout
As you might expect, those casinos with the best payout are those with the highest RTP rates. Their RTP will be stated somewhere in the site’s information section, which is where you can also identify the agency or organization that did the evaluation. Of course, we’ve put together a list to save you some time.
Bonuses with the Biggest Payouts
Online casino bonuses are one of the best ways to give your bankroll a little boost. However, the chances of winning big vary widely from bonus to bonus. For instance, the best payout casinos always provide layers with some sort of welcome bonus for signing up. If this bonus comes with low wagering requirements, then it means the RTP will be even higher!
Fees and Caps on Winnings
One thing to watch for when calculating RTPs is whether or not a site has any caps on winnings. Luckily, most online casinos don’t have these sorts of terms for their casino as a whole, but they often will have them for their bonuses and free spins. As the name implies, caps limit how much you can win. If you hit a big jackpot, you might need to forfeit it! It’s one of the ways that casinos protect their bottom line from players who haven’t yet invested in the casinos. So make sure to read any bonus terms and conditions very closely.
Withdrawal Fees
Few players are even aware that withdrawal fees are a thing, but they sure are. While most casinos don’t charge them, some still slip in 1% to 3% charges at cash out, which will affect the site’s RTP. Again, you always want to check the terms and conditions before signing up for a casino. Even better, you can check our reviews here.
Fastest Payment Methods
Once you have a casino with a great payout rate, you should take a look at the average time for withdrawals. Most casinos will try to process requests in about 24 hours, but others will drag their feet for one reason or another.
You should also be prepared to provide documentation to prove your identity when performing a withdrawal. According to Canadian regulations, this usually includes a copy of your ID or passport, your bank card, and sometimes even pay slips so that you can verify the origins of your funds.
The other thing that might affect your withdrawal times? The payment method you choose. E-wallets are the fastest in most cases, but bank transfers and debit / credit cards can take quite some time to go through. This doesn’t relate to the casino, of course, but it’s good to know!
Discover the Best Payout Casinos on Canada Casino News
Before you attempt to find the best payout casinos on your own, take some time to read through our casino reviews about each of the casinos listed on this page. Having a great RTP isn’t the only feature of a great casino, after all! We lie to provide in-depth reviews of every aspect of the site so you can make an informed, intelligent choice.
