We often base our decision to choose a casino solely on the games available and the welcome bonus, ignoring the importance of the average payout rate of a casino.
In this best paying casino Canada guide, we will provide you with a list of the best casinos that payout, together with a comprehensive guide on what to look for when choosing a Canadian casino that pays up.
Ready to learn about the best online casinos that payout?
Top 5 Best Payout Casinos 2023
Below, we’ve listed which ones we think are the highest payout online casinos that Canadian players can safely join.
We’ve based our decision on their game selection (those that have the biggest choice of high RTP games), as well as on official RTP rates published by some of the casinos.
Let’s figure out which best paying online casino is best for you.
| Number | Casino Name | Highest RTP Games | Offer Link |
|---|---|---|---|
| 1 | Winstoria | 97.23% | Claim Rewards |
| 2 | Mr Green | 97.2% | Claim Rewards |
| 3 | Videoslots Casino | 96.57% | Claim Rewards |
| 4 | Zinkra | 96.2% | Claim Rewards |
| 5. | LuckyElf Casino | 96% | Claim Rewards |
1. Winstoria | 97.23% RTP
Currently, one of the highest-ranking new casinos in Canada, Winstoria is a loved casino because of its cartoon-themed platform, thousands of games, and the abundance of offers it features for its players in Canada. We’d definitely say it’s the perfect highest payout online casino in the market.
2. Mr Green | 97.2% RTP
You truly can’t go wrong with Multi-Award Winner Mr Green. All of its years of experience since its foundation in 2008 have made this casino one of the most popular casino choices in Canada – efficient customer care, a range of games and good welcome bonuses are part of the reason why.
3. VideoSlots Casino | 96.57% RTP
Videoslots Casino is mostly known for the quality choice of games it offers – where it partners with top gaming providers in the iGaming industry.
The platform also offers a wide array of weely and monthly promos and tournaments.
4. Zinkra| 96.2% RTP
Despite being active for just over a year, Zinkra casino has already solidified its position as a popular best payout casino in Canada for players. Not only does it boast an impressive portfolio of over 3,000 slot titles, but it also gives players a coveted 10 no deposit free spins upon registration!
5. LuckyElf Casino | 96% RTP
LuckyElf Casino has also become a favourite online casino for Canadian players. Not only does it offer good bonuses and a solid array of games, but it also features multiple payment methods.
These accommodate all kinds of payment exigencies for players in Canada – including banks, e-wallets, popular local options such as Interac, and cryptocurrencies.
From this list, you’ll find your preferred highest payout online casino!
| Did you know? |
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| Some top payout casinos also issue temporary seasonal offers that require no wagering? Check out the list we have of such online casinos in Canada. |
What makes the best payout online casino?
There are a number of factors to keep in mind when choosing the best payout online casinos Canada, thus we have put together the below checklist to ensure you know what to look for
1. A Gaming Licence
All the casinos we feature at CanadaCasinos are safe. This means that the casino follows strict regulations ensuring fair treatment and timely payouts for each player, imposing tough penalties on all those casinos who break the law.
2. Casino online best payout rates – Highest RTP casino
Top casinos in Canada feature high rtp slots – meaning a higher RTP average. The counter value of RTP is the House Edge, which is the approximate percentage a casino gets from a win.
3. Low Wagering Requirements
Most casinos impose wagering conditions on any allocated bonus offers of around 20 to 40 times. This is quite standard at most casinos, however, you do occasionally come across a casino that offers lower wagering terms providing players with plenty of opportunities to win more.
4. Globally trusted banking options
To withdraw your winnings it is important for the online casino to partner with the most popular and secure payment methods available ensuring players can choose a reliable way to receive their funds. These include bank, e-wallets and cryptocurrencies.
5. Best 3 Payout online Casinos in Canada with no caps on winnings
This means that the winnings you get from welcome bonuses are all real and are all yours. Here are the top 3 casinos we have handpicked for our players in Canada
| Number | Casino Name | Welcome Bonus | Offer Link |
|---|---|---|---|
| 1 | PlayFina | Welcome Bonus $1,350 | 200 Free Spins | 40x Wagering | Claim Casino Offer |
| 2 | Spin247 | Welcome Bonus $1,500 | 100 Free Spins | 40x Wagering | Claim Casino Offer |
| 3 | Betsafe | Welcome Bonus $1,000 | 50 Free Spins | 50x Wagering | Claim Casino Offer |
6. Best payout online casino Canada with no withdrawal fees
Something that very few players know about is withdrawal fees which are quite common among a number of online casinos.
These charges can be from 1 to 3% of the sum requested for cash-out, reducing your winnings. Thus it is important to check with the casino the withdrawal requirements before registering and playing.
Some casinos have totally waived them allowing the players to withdraw their winnings free of any charges from the casino. We have handpicked the top 3
| Did you know? |
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| Gaming can get addictive. Still, there are effective tools out there to help you self-manae your gaming experience. Check out our Responsible Gambling page for more info |
Choosing the Best Payout Online Casino in Canada
If you keep in mind all the tips we have shared in this article it is not so hard to locate a good payout casino for your online gaming.
We cannot stress enough the importance of choosing a casino with a license from a reputable gaming jurisdiction as well as a casino featuring high RTP games to make a decent return from your gambling, ensuring the experience is both enjoyable and rewarding one.
We hope this guide helped you discover you favourite best paying online casino!