Every gambler who plays online casinos wants to win, and this is natural. However, to increase one’s chances of winning, it is crucial to consider many aspects. RTP rate and house edge are two of the aspects that need to be evaluated. In this overview, CasinosHunter lists the highest paying casinos in Canada and explains how they work.
List of the Best Paying Online Casino Sites
High and successful payouts by casino sites depend on many factors, and let’s be honest, sometimes it is the casino’s fault, but sometimes, it is the player violating the casino’s rules. Therefore, CasinosHunter offers you the list of the most reliable, and therefore best paying casino sites, and also explains how to make sure the casino pays out your winnings to you.
Choosing the best payout online casino in Canada is a complicated task, and attempting to choose a high-paying online casino may be even more complicated and time-consuming. The reason why is because the majority of casino sites do not state their RTP percentages right away (only some do). Therefore, to evaluate the approximate RTP rates for a casino site, it is necessary to go through a bunch of characteristics, check the games, withdrawal options, etc.
Here are the aspects to pay attention to:
the reliability of providers (reputable providers make best paying online casino games)
the categories of games available (games of skill, progressive jackpots, Live Dealer games usually pay more)
currencies (cryptocurrency winnings are usually more profitable)
payment methods (some apply fees, or limit maximum transaction sums, etc).
When evaluating casino games, it is crucial to look at the house edge, and of course at the RTP percentage.
Payout Rate: 96.7%
Payout Speed: 24–72 hours (average)
5 Highest Paying Slots: Aztec Magic, Lucky Lady Moon, Buffalo Power, Solar Queen, Legend of Cleopatra
Winz.io is more on the cryptocurrency gambling side, but fiat currencies are accepted as well. This impressive platform is backed by many providers and has a huge lobby of games. There are many bonuses for players, and many payment methods.
100+ software providers
no wager bonus
huge Live Dealer games lobby
Payout Rate: 96.2%
Payout Speed: 24–72 hours (average)
5 Highest Paying Slots: Absolootly Mad: Mega Moolah, Agent Jane Blonde, Caveman Bob, Dead or Alive, Jingle Bells
New Player Bonus: 100% match bonus up to $500 plus 200 Free Spins
Banking: minimum deposit is $10
Types of Payment Methods Available: Mastercard, Visa, EcoPayz, Bank Wire, Interac, instaDebit, MuchBetter, iDebit
This low-deposit casino offers attractive gambling options to many players, as it has flexible payment methods and rules, offers lots of various bonuses to boost the winning, and the range of games for real money betting is pretty nice.
Live Dealer games
lobby backed by 50+ providers
Payout Rate: 95.3%
Payout Speed: 24–72 hours (average)
5 Highest Paying Slots: Gonzo’s Gold, Dead or Alive, Fruit Shop Megaways, Horror House, Stay Frosty
New Player Bonus: 100% match bonus up to $500 + 200 Free Spins
Banking: minimum deposit is $10, minimum withdrawal is $20
Types of Payment Methods Available: Visa, Mastercard, Skrill, Neteller, EcoPayz, Paysafecard, CoinsPaid, Trustly, POLi
Casino Friday is a comparatively new casino site that already has many well-paying games of different types by different reliable providers. This is a low-deposit casino that allows payments via a list of convenient banking methods.
Live Dealer games
40+ software providers
Our Criteria For Best Paying Online Casinos in Canada
When looking for the highest payout online casino in Canada, we are checking a list of different criteria. Interestingly, for different regions, the list may differ due to local legislation, or other reasons (like online payment system preferences among gamblers).
So, if you would like to look for an online casino's payouts terms for your jurisdiction according to the criteria we recommend, pay attention to local peculiarities. If your country does not allow cryptocurrencies, for example, you should not look for best paying online casinos that accept crypto.
The criteria we follow when choosing the highest paying online casino websites are as follows:
Legitimacy and reputation of the casino site and operator
Banking methods available
Deposit and withdrawal rules and limits
Best paying games by reliable software providers that do pay the winnings out
User experience and Customer Support on casino site
These criteria work for all regions because they are universal. However, each gambler should pay attention to their own situation and current claimed bonus. For example, casino sites that offer free spins for $1 in Canada also should be licensed and trusted.
When CasinosHunter checks the highest payout rate online casino platforms in terms of fast and high payments, we spend lots of time exploring the platform, researching, and analyzing what we find. Two seemingly similar best payout casino Canada sites may eventually offer completely different user experiences depending on a couple of rules in fine print in the T&C document.
Trusted Licensing Authority
Whatever the best casinos promise in terms of their payments and payouts, even if the promises are very attractive, one should still pay tons of attention to legitimacy and reputation of the site. The top paying online casinos must have a license by a reliable licensing authority, and preferably also additional certifications, seals of trust, etc.
Payout Casinos Bonuses
Adequate bonuses for new or already depositing customers can help the player win more, or win more easily. Therefore, checking the bonuses is crucial. In fact, it works the other direction, too: avoiding unfavourable or rip-off bonuses also means losing less money, and probably playing more successfully. Bottom line - read the Bonus T&C!
If you want to win and cash out some money, play jackpots, or even better - play progressive jackpots at top payout online casinos! There are a couple of cool things about progressives: firstly, you can really win loads of money, secondly, you do not need any particular skills for that, and thirdly, software providers usually make sure you get the payout by the best payout online casino Canada.
What software providers power the casino’s lobby matters, because they make games, and some of them even make sure the players get their money won in the games (at least bigger providers do). Choosing providers that make high RTP rate games, and control the payout process, means winning more and being paid the winnings at the best payout online casinos Canada.
Casino Customer Support is the place you go to if you have questions or issues. The faster you can contact them (and preferably a live person not a bot), and the faster they help you, the more chances your gambling is more successful. So, the more channels there are for contact, the better. Phone number is a huge advantage.
What Casino Payment Methods Provide The Highest Payouts
The size of payout allowed depends on the casino site and on the payment processing company preferred by the customer. The best online casinos that payout limit maximum transactions per day, per week, and per month, for one customer, to make sure the company handles many big wins withdrawn by different customers at the same time.
While withdrawal limits are a nasty rule, in fact, it is withdrawal limits that enable all players to withdraw at least part of their winnings at a time. Some of the online casinos allow big withdrawals, for example, progressive jackpot wins, at once.
The best payout casino payment options for Canadians are:
Max withdrawal (CAD)
3,000 - 10,000 per week
$1 - $1,5
300 per day
10 - 100,000
1,6% - 2,9%
3,000 - 7,000
1,5% - 2,5%
3,000 - 5,000 per week
1,000 - 2,000
up to 1,000 per week
Casino Games With Highest Payout Levels
Slots are estimated by the RTP rates most often, because, in slots, the mechanics are the most predictable and comprehensive. To choose the highest paying slots, it is crucial to opt for the highest RTP rate, and choose game features that bring more bonuses and free spins.
Table games are mostly games of skill, meaning the RTP rate is less comprehensive for them. Some Table games are better predicted by the RTP rate, for example, all kinds of Roulettes. As for card games and dice, like Blackjacks, Poker, Craps, etc., to win more, it is more efficient to pay attention to the house edge. The higher the house edge, the less profitable the game is.
Arcade games are less popular and therefore are harder to find than slots, but the concept of RTP rate behind arcade games is similar to slots. Opt for the highest Return To Player rate and you will increase your chances of winning.
Scratch cards are games of chance, which means no previous knowledge or experience can help the player win more, and the outcomes of bets depend purely on luck. Therefore, paying attention to the RTP percentage is the road to winning more when playing Scratch Cards.
Lotteries bring the lowest Return To Player percentage in the long term, because they are not meant for long-term play. Lotteries are created for smaller bets and rare but big wins, and as a result, the RTP rate varies from 50% to 70%. But of course, the higher the rate, the more chances are to win.
What Does The RTP Percentage Mean
RTP percentage, often called RTP rate, means Return To Player rate. RTP rate varies between the lowest numbers of around 80%, to the highest numbers of around 98-99%. You will never see a 100% RTP rate, obviously, because it means the player wins all they bet, and this is mathematically impossible.
Return To Player percentage literally means the percent of all player’s bets made in the game, returned to them in the long-term, and this is without counting possible big wins and jackpots. RTP shows the lowest possible sum the player can eventually win by betting in a casino game for a long period of time. When lucky, the player gets winnings that exceed their initial deposits and bets, many times.
Return To Player percentage does not mean directly that the player will spend $100 in bets, and will soon return $97 back in the same game. But this mathematical method becomes obvious when analyzing thousands of betting cases in the casino over time, and this is how the casino can state its average RTP rates per site.
In the majority of cases, RTP percentage is looked at when choosing a slot game, because it is easier to understand RTP rates for slots. However, almost every casino game has an RTP percentage already programmed by the software provider. If the RTP is hard to evaluate, for example, in Table Games (which are games of skill), the house edge will help the gambler understand how much they can win. House edge is the percentage the highest payout Canadian online casinos take from every winning bet (since all bets lost already belong to the casino). Obviously, the higher the house edge, the less money from the win is left for the player.
How to Double Check the RTP Percentage?
The RTP percentage is decided upon not by the casino site, but by the software provider, the company that develops each particular highest payout online casino game. RTP percentage is usually included into the game’s tech specs. However, three is an aspect of transparency and fairness that plays an important role in promoting the high paying games.
So, in order to prove that their games are controlled by the Random Number Generator, that the results of the bets are fair, and that the real Return To Player percentage corresponds to the one indicated in the initial tech specs, software providers order testing and certifications from independent companies that check the games’ RTPs.
eCOGRA is one of the international agencies that was established in 2003, in the UK, and serves as an independent testing company for the online gambling niche. eCOGRA checks the providers’ and casinos’ fairness and honesty, the transparency of operation, player protection, etc. Getting eCOGRA certification is hard, but it is one of the most highly valued certifications in the niche.
GLI, which is Gaming Laboratories International, is another global independent testing company focused specifically on the iGaming industry. This company offers certification services to help businesses win the trust of their clients. GLI provides all kinds of testing, to ensure not only fair and transparent gambling but the absence of glitches, proper automation, etc.
iTech Labs is an Australian software testing company that checks online platforms and issues quality assuring certificates since 2004. iTech Labs has high standards of quality considering online gambling services.
Top 11 Highest Paying Online Slots Infographic
Online Casinos With Highest Payouts: Wrap Up
Overall, winning and withdrawing big in the best payout online casino Canada is both easy and hard. It can be easy because most games do not require any specific knowledge or skills, and if the bettor follows all the casino rules, and is lucky enough at the same time, they can win jackpots without much effort, by simply playing their favourite games.
On the other side, winning big is complicated, because the customer not only has to find a reliable platform that actually pays the winnings out, but also choose the right payment options, the right bonus (if any), the right games, and follow the rules correctly, in order to maximize their chances of winning, and to withdraw without issues.
This is why CasinosHunter believes this guide on the best paying Canadian casinos will be useful for all gamblers out there.
Frequently Asked Questions
What casino games pay the highest winnings?
As a rule, these are slots and progressive jackpots.
What slot games pay the most?
That depends on what games are offered by the casino; check out the tech specs of the slots you like, compare, and choose the highest rates.
Is it really possible to cash out the real money from online casino?
Yes, this is absolutely possible for casinos that are licensed, certified, and reliable.
Do all casinos offer the same banking options?
No, different sites collaborate with different payment processing companies.
Do all casino sites pay with equal speed?
No. The casino payout speed depends mostly on the payment processing company. However, casino sites need different time for processing the withdrawal requests; some do that in 24 hours, others may need up to 5 business days.
Is it better to withdraw in fiat currency or in crypto?
At the time of writing, withdrawals in crypto seem to be more attractive; however, you first have to deposit and bet in crypto, too.
How can I get my winnings faster?
Choose the fastest possible deposit and withdrawal methods from the very beginning, and make sure you do not violate any casino rules. If you do, the site cancels withdrawal until you follow all the rules, which takes time.
What is RTP, exactly?
Return To Player percentage indicates what amount of money the player spends in betting will return to them as winnings, in the long term.
What is a house edge?
This is a percentage the casino takes from each bet that wins.
Do Live Games have RTP?
Yes, most of them do, but complicated games of skill focus more on the house edge.