best payout casinos guide canada

Top 5 Best Payout Casinos 2024

We’ve compiled a list of the online casinos we believe offer the highest payouts for Canadian players. Our selections are based on the high RTP games available and the official RTP rates published by some casinos. Let’s find out which online casino provides the best payouts for players in Canada.

NumberCasino NamePayout
1TonyBet98.35%
2Nine Casino98.43%
3North Casino97.23%
4Just Casino98.35%
5.Jackpot City98.25%

1. TonyBet | 98.35% RTP

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Initially launched in 2003 under a different name, TonyBet is a popular online casino destination. Its long-standing presence in a constantly evolving market assures bettors of its high standards and dedication to customer security. The casino boasts over 3,000 games, a speedy registration process, and a 2,500 welcome bonus + 150 FS to get you started!

2. Nine Casino | 98.43% RTP

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Nine Casino is one of the highest-ranked online casinos on our site. Its game library is powered by top software developers, guaranteeing game fairness and quality. Players can claim its welcome offer for just $30, join tournaments, get weekly cashback, and savor the benefits of its loyalty program. The site also features exclusive games and branded tables.

3. North Casino | 97.23% RTP

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North Casino focuses on making online gaming accessible and enjoyable for everyone. They offer various slot machines, ensuring there’s something for every player. The live casino section isn’t far behind, allowing you to challenge real-time dealers from anywhere you like. Players are also rewarded for loyalty, joining weekly tournaments, and using their favourite crypto to play.

4. Just Casino | 98.35% RTP

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Founded in 2021, JustCasino is a space-themed casino offering various game genres, including slots, live dealer games, and Crash Games. The platform supports various payment options, such as bank transfers, e-wallets, and cryptocurrency, and it’s ideal for players seeking generous offers like daily cashback, regular tournaments, and attractive welcome bonuses.

5. JackpotCity Casino | 98.65% RTP

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JackpotCity Casino offers a variety of games, including slots, blackjack, and roulette. With a payout rate of 97.8%, JackpotCity ranks among the best payout online casinos in Canada. This means that for every dollar wagered, players can expect an average return of 97.8 cents. Players can start their casino adventure and claim their welcome bonus for only $10!

How to Select the Highest Payout Casinos?

Choosing a good payout casino starts with finding a reliable casino and ensuring it adheres to security rules and regulations. The next step is to look at factors like the RTP percentage, payment methods, potential fees, etc., as they’re essential to understanding how these elements impact your overall experience.
At CanadaCasino, our job is to make this quest easy for you, so we’ve created a checklist of things to consider when looking for your next best payout casino.

Best-Payout-Casino Canada online casino

โœ”๏ธ Casinos which offer the best payout rates

To determine the average RTP of an online casino, combine the payout percentages of all its games. A fair casino should have an overall RTP above 95%, indicating a house edge of 5% or less, depending on the game providers and types.

โœ”๏ธ Look out for casinos offering low wagering requirements

Most casinos impose wagering conditions on allocated bonus offers of around 20 to 40 times. Opting for an online casino with lower wagering requirements simplifies converting a bonus into real money. Essentially, for fairer bonuses, seek out casinos with lower wagering requirements.

โœ”๏ธ Examine the casinoโ€™s withdrawal fees

Many players are unaware of withdrawal fees, which are common at several online casinos. These fees can range from 1% to 3% of the requested cash-out amount, reducing your winnings. Therefore, it’s crucial to check the withdrawal requirements with the casino before registering and playing.

โœ”๏ธ Look for globally trusted banking options

The online casino must partner with the most popular and secure payment methods to withdraw your winnings. This ensures players can choose a reliable way to receive their funds, including options like banks, e-wallets, and cryptocurrencies.

โœ”๏ธ Check if the casino has no caps on winnings

Caps on winnings mean you can only withdraw a limited amount of bonus money, even after meeting the wagering requirements. So, hitting a lucky spin for a massive win might have restrictions when you try to withdraw your funds. Choose online casinos that don’t impose limits on your potential rewards.

What is a Good Payout Percentage?

We mentioned earlier that a fair casino should have an overall RTP above 95%. To find this information about the casino, you must combine the payout percentages of all its gamesโ€”a straightforward but time-consuming task!

Is a payout percentage different from RTP?

The RTP (Return to Player) indicates the average payout percentage of any casino game. It’s considered ‘average’ because RTP fluctuates randomly during gameplayโ€” some rounds may have a higher RTP, while others have a lower one. Auditors like eCOGRA test games over thousands of spins to determine the average RTP to assess the game’s fairness.

Does house edge affect payout percentage?

The opposite of RTP is the house edge, representing the profit percentage the casino expects to earn over time. For example, if a player bets $100 on a game with a 97.5% RTP, the player can expect to receive $97.50 back upon winningโ€”the House Edge for that game would be 2.5%.

In short ๐Ÿ‘‡
A casino payout percentage reflects the overall Return to Player (RTP) percentage of all its games combined. A higher RTP percentage indicates superior gaming software from providers committed to delivering the highest level of fairness.

Is it Legal to Play at the Best Payout Casinos in Canada?

Yes! All the casinos we feature at CanadaCasinos are safe. They adhere to strict regulations, ensuring fair treatment and timely payouts for every player. Any casino that breaches these rules faces severe penalties.

Playing responsibly at the best payout casinos

While playing at the best-paying online casinos can be enjoyable, it can become problematic if not managed wisely. A safe and secure online casino will adhere to responsible gambling regulations and provide players with tools to help them stay within their limits.

Have fun, play safely
Gaming can become addictive. However, effective tools are available to help you manage your gaming experience. Visit our Responsible Gambling page for more information.

Favored Casino Games With High Payouts

In this article, we’ve emphasized that the average RTP of a casino’s games significantly impacts the overall payout percentage. Let’s look at the different game types individually.

Best payout slots

An RTP of 96% or higher indicates that the game is designed to return a decent profit to players. The best payout online casino slots typically feature an RTP of 97% or higher, as shown in the examples below:

RankPayoutPlay at
1.Atomic Kittens97.9%Boomerang-bet
Sportsbet-io
2.Witches Tome98.1%Lunubet
Rebellion
Win.City
3. Money Cart 298%betsafe
smokace
PlatinCasino

Best payout table games

Table games like roulette, baccarat, and blackjack are highly popular due to their exceptionally high RTP percentages.

RankTable GamePayoutPlay at
1.European Roulette97.30%Cryptobetsports
Level Up Casino
2.Blackjack98%
Lucky Days
Casino Friday
3. Baccarat98%GGbet
Slotbox

Best payout live games

Live casino and game shows also contribute to the casino’s payout percentage.

RankLive GamePayoutPlay at
1.Live Blackjack99.60%Betandplay
2.Dream Catcher 96.23%Zota bet
3. Mega Baccarat98.79%Leo Vegas
Play high rtp games
Choosing high RTP game increases your chances of recouping your bets and enjoying substantial payouts. 

Choosing the Best Payout Online Casino in Canada

By following the tips in this article, finding a good payout casino for online gaming becomes much easier.

Choosing a casino with a license from a reputable gaming jurisdiction and one with high RTP games is crucial to maximizing your returns. This ensures your gambling experience is both enjoyable and rewarding.

We hope this guide helps you find your favourite best payout online casino!

Frequently Asked Questions

Yes. All the online casinos we review follow the Canadian Gambling Laws and Policies.
A Best Payout Online Casino means the merging of several factors, including high RTP slots available to play, lower House Edge and no or minimal capping on winnings.
Most online casinos in Canada don't deduct fees from your withdrawals. To avoid any charges, select a payment method that does not impose transaction fees and read the casino's terms and conditions.
In a low wager bonus the number of times a player has to wager to claim the full bonus is low, typically between 0 to 35 times. This contributes to a high payout casino, as these bonuses often offer higher cash rewards with minimal wagering requirements.
Author
Stephanie brings over 10 years of iGaming experience and strives to offer clear, easy-to-digest casino information, helping her readers make the most of Canadaโ€™s available bonuses, games, and rewards. She prefers keeping things simple, whether delivering the latest industry news, casino reviews, or expert tips. When not online, she plays Chess and enjoys outdoor activities like gardening and visiting her favorite tropical beach.

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