Best High Payout Casinos in Canada

When selecting a casino, high payout percentages can significantly enhance your chances of winning. This month, Dolfwin Casino leads the way with one of the highest payout rates, making it the top choice for those seeking the best returns on their bets. Before you begin, here’s a brief overview what to look for in a high payout casino:

  • Impressive payout percentage across a wide range of games

  • Fast and reliable withdrawal processes for hassle-free access to winnings

  • Regularly updated payout rates to ensure fairness and transparency

Our Choice

Highest Payout Casinos Canada 2024

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recommended casinos with the best payout rates

Top 5 High Payout Casinos in Canada

Our top recommended payout casinos in Canada not only offer some of the highest rates in the industry but also come with added benefits to elevate your play. In this section, we’ll dive into our top 5 picks and highlight why these casinos stand out.

Casino Payout Rate Payout Time
Dolfwin 96% 0-2 days
Lemon Casino 96% 0-3 days
DreamWins Casino 96% 0-2 days
Ice Casino 96.5% 0-2 days
FRESH Casino  94%-97% 0-3 days
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1. Dolfwin - Up to $1,500

With a solid welcome offer of up to $1,500, Dolfwin leads the pack for the best high payout casinos in Canada this month. With over 6,000 online casino games from the best providers such as Pragmatic Play, Play’n Go and NetEnt, you are sure to enjoy their excellent range when playing the welcome bonus. You can get access to 24/7 live chat and I like that they have a 96% payout rate, well higher than the average Canadian casino. 

DolfWIN - High payout casinos in Canada

Things We Like

96% payout rate

Over 6,000 games

24/7 live chat

Things to consider

Low withdrawal limits

2. Lemon Casino - Up to $600 + 200 Free Spins

Lemon Casino is a relatively new casino, but it has already created a loyal pool of players. Boasting more than 2,000 casino games, and an enticing VIP scheme, Lemon Casino’s payout percentage of 96% is above average. I also liked that it accepts cryptocurrencies like Bitcoin and Ethereum. Due to its top-notch apps for iOS and Android devices, if you like mobile casinos, Lemon Casino might be the choice for you.

Lemon Casino - High payout casinos in Canada

Things We Like

Mobile App

Rewarding VIP program

Payout rate of 96%

Things to consider

Live chat is not available 24/7

3. DreamWins Casino - Up to $6,000 and 300 Free Spins

With a 96% payout rate, DreamWins Casino is a solid choice for players seeking a high chance of consistent returns. The customer service is available around the clock via live chat and email. The multi-tiered welcome bonus is also very generous, spread across your first four deposits. 

It's the sheer variety of games, though, that made me pick this casino within my top 5. I'm talking over 9,000 games, from slots and jackpot games to virtual table games and live dealer options. So, if you're looking for a particular, potentially niche game, you will most likely find it here.

DreamWins Casino - High payout casinos in Canada

Things We Like

96% payout rate

Over 9,000 games

24/7 customer support

Things to consider

Long withdrawal times

4. Ice Casino - $10 No Deposit Bonus

Ice Casino brings the chill with a payout rate of 96.5%. It's known for its cool, intuitive design, mobile-friendly interface, and advanced security measures. However, what stood out to me is its no deposit welcome bonus. Specifically, it's a no deposit cash bonus, which is quite a rare find. 

Being able to subsequently claim $1,500+ 270 Free Spins and enjoy a large selection of regular promotions is what makes Ice Casino my top pick. That is, especially for players looking to keep their bankroll boosted with promotion after promotion.

Ice Casino great for table games

Things We Like

96.5% payout rate

Mobile-friendly website

Secure platform

Things to consider

Limited withdrawal options

5. FRESH Casino - Up to $600 + 500 Free Spins

In my opinion, FRESH Casino is one of the very best Canadian high payout online casinos. The online casino debuted in 2018 and holds a gambling license from the Government of Curacao. In addition to that, the casino has attractive casino bonuses and great customer support which all worked smoothly when I was conducting my review. The payout percentage of FRESH Casino ranges from 94%-97%.

Fresh Casino - High payout casinos in Canada

Things We Like

Mobile App

Payout ratio of 94%-97%

Accepts cryptocurrencies

Things to consider

No phone support

What Is a Casino's Payout Percentage?

Payout percentage, also known as return to player (RTP) percentage or payout rate, refers to the amount of money an online casino returns to players over time. Online casinos usually subtract their profit from wagers before returning the rest to players as winnings. Moreover, a higher payout percentage means players receive more cash prizes from an online casino.

Most online casinos in Canada have an average payout percentage of 95%. However, some top casinos have high payout percentages, going as high as 97%. One thing worth noting is that slots have varying RTPs ranging from 90% to 99%. Table games, on the other hand, have fixed RTPs, which stabilize the average payout ratio. An average payout ratio of 95% - 96% is a good benchmark when choosing the best high payout online casinos.

How is the Payout Percentage Calculated?

The casino payout percentage is calculated in a very simple way. Specifically, the ratio is determined by dividing the amount paid to casino players by the total amount taken by the casino in the form of wagers. For example, if an online casino takes $100 as wagers and pays $95 to gamblers, the payout ratio would be 95/100, which translates to 95%. This payout percentage means the casino will return 95% of all the wagers to players in a given period. In this case, the profit for the casino or the house edge is 5%.

Difference Between High Payout and Fast Payout Casinos

Understanding the distinction between high payout casinos and fast payout casinos is key to choosing the right platform for your needs. Here's a quick breakdown of the key differences.

High Payout Casinos:

  • Focus on RTP percentages, which represent the average amount players can expect to win back over time.

  • Typically offer games with higher RTP percentages, meaning better long-term returns.

  • Example: A slot with a 97% RTP returns $97 for every $100 wagered, on average.

Fast Payout Casinos:

  • Prioritize the speed of withdrawals so that players can access their winnings quickly after requesting a payout.

  • Often support quicker payment methods like e-wallets or cryptocurrency to reduce waiting times.

  • Example: Some casinos process withdrawals within 24 hours, while others may take several business days.

finding a payout casino in canada

How We Find the Best High Payout Casino in Canada

Canada is home to hundreds of real money casino sites. However, not all these gambling sites are high payout casinos. If you want to join a casino with a high payout ratio, you should check out the following key casino areas:

  • RTP and Payout Percentage – The higher the RTP, the better your chances of getting a return on your bets. We prioritize casinos that offer a strong selection of games with high RTP rates and overall high payout rates to ensure better long-term returns for players.

  • Licensing and regulations – The best high payout casinos in Canada are licensed and regulated by renowned authorities. As a player, you should check if the casino has licences from reputable authorities, such as the Kahnawake Gaming Commission, Curacao, and MGA.

  • Bonuses and promotions – Casino bonuses and promotions are a great way to boost your chances of winning. So, before you join any of our recommended high payout casinos, you should check if the casino bonuses for both new and regular players are of interest to you. Pay particular attention to the associated wagering requirements and avoid offers where these requirements exceed 40x.

  • Game variety – Some operators with the highest casino payout percentages offer few casino games, while those with the lowest payout percentages have a wide range of casino games. As a player, you should join an online casino that offers a good balance between the two, but never prioritize quantity over quality.

  • Game providers – Software developers are responsible for creating casino games and determining their RTPs. This means the payout ratio of different casinos highly depends on the software developers they have partnered with. For example, leading software providers, such as NetEnt, Microgaming, Red Tiger, Play N Go, Pragmatic Play, and Playtech, are known for creating games with high RTPs.

  • Safety and security – When picking between high payout casinos, you should check if security measures are implemented to protect your online transactions, including 256-bit and 128-bit SSL technology security protocols.

  • Payment options – You should also check for enough payment options for casino deposits and withdrawals. A top-notch high payout casino should provide you with various payment methods, such as credit/debit cards, bank transfers, e-wallets, and cryptocurrencies. Take note of the deposit and withdrawal limits as well. 

  • Customer service – The best high payout casino in Canada should have a professional and friendly customer support team. Besides, the site should have some support options for customers to ask questions.

casino games payout rate explained

Casino Games and RTP Percentage

When choosing a casino game, understanding the RTP percentage is key to knowing your chances of winning over time. In this section, I'll break down the RTP percentages for various casino games to help you identify which ones offer the best potential returns.

Table Games

Table games often boast some of the highest RTP percentages. In other words, they give players a better chance of long-term success compared to other casino games. Below, you’ll find a table listing the table games with the best RTPs.

Casino GamesPayout Percentage
Blackjack99%
Roulette97%
Baccarat98.9%
Poker99.5%
Craps98.6%
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One notable mention is video poker, whose RTP can vary between 95% and 99% depending on the variation you choose. For the best odds, Jacks or Better is the best option within this genre.

Slots

Slot machines are the main casino games played at Canadian online casinos. This means that online casino slots contribute largely to the casinos' average payout ratio. Unlike table games with consistent RTPs, slot machines can have RTPs ranging from 90% to 99%. Here are the top 5 slot games with the best RTP in Canada:

Slot MachineRTPSoftware Developer
Ocean Princess99.1%Playtech
Ugga Bugga99.07%Playtech
Mega Joker99%NetEnt
Monopoly Big Event99%Barcrest
Blood Suckers 98%NetEnt
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High Payout Casinos Final Thoughts

Canadian online casinos have different payout rates. So, as a player, you must first research and know which sites have the highest payout percentages. The highest payout online casinos will always have average payout percentages ranging from 95-99%. The good news is that we have researched all the highest payout casinos in Canada on your behalf. All you need to do is pick one from our list, register an account, and hopefully win a fortune.

High Payout Casinos FAQs

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Giuseppe Faraone   Author at CasinoTopsOnline

Giuseppe Faraone

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Giuseppe, originally from Milan, now resides in Valencia, Spain, where he keeps up with the latest developments in the gambling industry. He covers new licenses, casinos, bonuses, and games, always striving to provide his readers with comprehensive information and updates. Giuseppe thoroughly tests and rates everything he reviews. In addition to his work as a gambling industry writer, he is also an author. In October 2022, he published his first book, The Untold Story of Online Gambling, which is available on Amazon.
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