Best High Payout Casinos in Canada

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
PlayOJO Casino	97%	0-3 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

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.

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 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 Games	Payout Percentage
Blackjack	99%
Roulette	97%
Baccarat	98.9%
Poker	99.5%
Craps	98.6%

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 Machine	RTP	Software Developer
Ocean Princess	99.1%	Playtech
Ugga Bugga	99.07%	Playtech
Mega Joker	99%	NetEnt
Monopoly Big Event	99%	Barcrest
Blood Suckers	98%	NetEnt

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.