Updated on: December 2nd, 2024
When you choose a gambling site, it’s important to go for the best payout casino site. However, finding the right casino involves more than just comparing payout rates.
Many online casinos might look alike on the surface, especially to inexperienced players; however, casinos differ, and that’s why we’re here.
We are going to make finding the best paying online casino easier for you by introducing you to reputable Canadian casinos with higher payout rates. We also list casino games with the highest RTP rates and the bonuses you can claim to play these games.
Compare the Best Paying Casinos in Canada
The best paying online casinos in Canada feature a great selection of games with higher RTPs and faster payout methods. These casinos have above average payout percentages and quicker payout speeds.
1. Slots of Vegas – 99.55% RTP
Slots of Vegas is famous for its extensive collection of slot games and classic table games. The casino features both high and low volatility games, catering to different player preferences.
New Canadian players can claim 25 free spins with no deposit required using the code NEONWHEELS25 when signing up through Gambling 360 here.
2. Café Casino – 99.21% RTP
Café Casino is an instant withdrawal casino, and it also has many features players love in online gambling sites, including a high casino payout percentage.
Café Casino also boasts a high payout percentage and offers a variety of games, including live dealers, online slots, table games, and tournaments.
3. High Country – 98.65% RTP
High Country Casino is a new online casino with a reported high payout percentage, and it is really trying to gain a foothold in the online real money gaming market. Players can enjoy a 500% match bonus with the code HIGHWINS at the casino.
4. BoVegas – 98.21% RTP
BoVegas is a long-standing casino that rarely leaves the list of the best-paying online casino sites. It has been around for a long time and consistently ranks among the top for payouts.
You can access the full catalog of Realtime Gaming slots and table games. If you sign up through Gambling 360, you can receive up to $6,000 in signup bonus money using the code NEVADA300.
5. Prism Casino – 98.67% RTP
Prism Casino offers more than just excellent payout rates; it also features a variety of recurrent casino bonuses.
Prism Casino provides a wide range of popular games, and you can claim a no deposit bonus to try it out for yourself.
What Makes the Best Payout Casino & Casino Games?
Several factors contribute to favorable casino and casino games payouts, and here is an in-depth look at what makes the best payout casinos and casino games:
Casino Games RTP (Return to Player)
RTP stands for Return to Player, a percentage that indicates the average amount a game will pay back to players over time. For example, a game with an RTP of 96% will return C$96 for every C$100 wagered on average.
Games with higher RTPs are more favorable for players as they statistically offer better returns. Low RTP games, on the other hand, provide lower returns on average, which can result in higher losses over time. For the best payout experience, choose games with higher RTP.
Online Casino Games Odds
Odds refer to the probability of winning in a game. They are different from RTP as they represent the likelihood of a specific outcome rather than the return percentage.
Different games have different house edges and odds. For example, in online blackjack, the odds of getting a natural blackjack are approximately 4.8%, while in roulette, the odds of hitting a specific number are about 2.63%.
Casino table games usually have the lowest house edge, which makes them more favorable. For instance, blackjack and certain video poker games have better odds than many slot machines.
Casino Games Volatility
Volatility, or variance, refers to the risk level associated with a particular game. It measures how often and how much a game pays out.
For example, a high-volatility game such as progressive jackpot slots has the potential for large payouts that are less frequent. Low-volatility games, on the other hand, offer more frequent but smaller payouts.
If you enjoy high-risk, high-reward scenarios, high-volatility games might be your choice. Conversely, if you prefer consistent, smaller wins, low-volatility games are suitable.
Best Payout Casino Online Casino Games
Top High Paying Slot Games in Canada
Tips to Enjoy the Highest Payouts at Online Casinos
Here’s a thing you need to know about ways to gain the highest payout in casinos: you can either play high-risk high-reward games or play casino games with the best odds.
If you choose high-risk high-reward games, you might win big with a single spin using a small bet. However, these games are harder to win.
If you choose games with the best odds, you might need to bet more because these games don’t payout more but they’re easy to win.
Here’s a detailed guide on how to gain the highest payouts at casinos:
- Opt for Casinos with High RTP Games: Choose casinos with games that have high RTP percentages to maximize your potential returns.
- Leverage Bonuses and Promotions: Utilize casino bonuses to extend your playtime and increase your chances of hitting a payout.
- Play Games with the Best Odds: You can play games with favorable odds and employ strategies to enhance your chances of winning.
- Choose E-wallets and Crypto Casino Withdrawals: These banking methods offers faster payouts compared to other options such as debit cards and bank transfers.
- Utilize Betting Systems: Use betting systems wisely to manage your bets but remember they do not guarantee winnings.
- Play Progressive Jackpots: Consider progressive jackpot games for the chance of large payouts but be aware of the lower odds and higher risk.
Fastest Withdrawal Methods at Online Casinos
If you want to enjoy a seamless online gambling experience, you need to consider speedy withdrawals options. Here’s a brief guide to help you navigate the fastest withdrawal methods available at online casinos.
E-Wallets
E-wallets like PayPal, Skrill, and Neteller are among the banking methods offering fast payout speed.
Many online gambling sites support these secure payment methods, which can process transactions instantly once your withdrawal request is approved. This makes e-wallets a popular choice for players looking for quick access to their funds.
Cryptocurrencies
Cryptocurrencies, such as Bitcoin and Ethereum, offer another fast and secure way to withdraw your winnings. Transactions using cryptocurrencies can often be completed within minutes, making them ideal for those seeking rapid payouts. Additionally, these digital currencies provide an extra layer of security for your funds.
