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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.
Number | Casino Name | Payout |
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1 | TonyBet | 98.35% |
2 | Nine Casino | 98.43% |
3 | North Casino | 97.23% |
4 | Just Casino | 98.35% |
5. | Jackpot City | 98.25% |
1. TonyBet | 98.35% RTP
![tonybet welcome offer - canada casino](https://www.canadacasino.ca/wp-content/uploads/welcome-bonus-at-tonybet-canada-casino.jpg)
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
![nine casino best payout casino - canada casino](https://www.canadacasino.ca/wp-content/uploads/welcome-offer-nine-casino-canada-casino-1024x218.png)
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
![north casino tournaments - canada casino](https://www.canadacasino.ca/wp-content/uploads/north-casino-tournaments-canada-casino.jpg)
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
![justcasino welcome offer - canada casino](https://www.canadacasino.ca/wp-content/uploads/justcasino-welcome-offer-canada-casino-1024x401.png)
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
![jackpotcity casino welcome offer canada casino review](https://www.canadacasino.ca/wp-content/uploads/jackpotcity-casino-welcome-offer-canada-casino-review-1024x396.png)
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.
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โ๏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.
โ๏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.
โ๏ธ Examine the casinoโs 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.
โ๏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.
โ๏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 gamesโa 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 winningโthe House Edge for that game would be 2.5%.
In short ๐ |
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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 |
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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:
Rank | Payout | Play at | |
---|---|---|---|
1. | Atomic Kittens | 97.9% | Boomerang-bet Sportsbet-io |
2. | Witches Tome | 98.1% | Lunubet Rebellion Win.City |
3. | Money Cart 2 | 98% | betsafe smokace PlatinCasino |
Best payout table games
Table games like roulette, baccarat, and blackjack are highly popular due to their exceptionally high RTP percentages.
Rank | Table Game | Payout | Play at |
---|---|---|---|
1. | European Roulette | 97.30% | Cryptobetsports Level Up Casino |
2. | Blackjack | 98% | Lucky Days Casino Friday |
3. | Baccarat | 98% | GGbet Slotbox |
Best payout live games
Live casino and game shows also contribute to the casino’s payout percentage.
Rank | Live Game | Payout | Play at |
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1. | Live Blackjack | 99.60% | Betandplay |
2. | Dream Catcher | 96.23% | Zota bet |
3. | Mega Baccarat | 98.79% | Leo Vegas |
Play high rtp games |
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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!