6 Best Payout Online Casinos - Highest Paying Casinos March 2023
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You’ll improve your odds of winning money by focusing on the best online casino payouts in Canada. Casinos with a high return to player percentage provide more high-paying games, on average, than their competitors. For example, an online casino with 96.5% RTP offers a better overall chance of winning versus one with 96.0% payback.
We’ve conducted samples on many Canadian online casinos to find the best payouts. You can check our list out below and use these gaming sites to boost your chances of success.
Our Highest Payout Online Casinos Ranked
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Top 6 Best Payout Casinos Compared
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A Closer Look at the Top Payout Casinos:
1. BetVictor Casino
- Payout Rate: 96.62%
- Payout Speed: 48–72 hours
- No. of Slot Games: 700+
- 5 Highest Paying Slots: Mega Joker, Kings of Chicago, Blood Suckers, Heroes Hunt, Curse of the Werewolf Megaways
- New Player Bonus: 100% match up to $1,000
- Types of Payment Methods Available: Credit cards, eWallets, gift cards, Interac
- Review: BetVictor Casino
BetVic may not have Canada’s biggest game variety (700+ titles), but it offers the highest-paying selection. Its overall RTP is 96.62% based on our large sample size. Besides an incredibly high payout percentage, BetVic offers plenty of banking options and only requires a $5 minimum deposit.
Pros & Cons
2. PartyCasino
- Payout Rate: 96.53%
- Payout Speed: 48-72 hours
- No. of Slot Games: 1,400+
- 5 Highest Paying Slots: Book of 99, Big Bad Wolf, Immortal Romance, Curse of the Werewolf Megaways, Legacy of the Dead
- New Player Bonus: 100% match up to $500 + 200 free spins
- Types of Payment Methods Available: Credit cards, eWallets
- Review: Party Casino
If you want to chase life-changing jackpots, then you’ll be right at home with Party. This online casino features some of the industry’s biggest progressive slots, such as Melon Madness and Mega Moolah. Besides its jackpots, Party Casino is also one of the industry’s most-reputable gaming sites. It has been serving Canadians well since launching in 1997.
Pros & Cons
3. Royal Panda Casino
- Payout Rate: 96.44%
- Payout Speed: 48–72 hours
- No. of Slot Games: 1,500+
- 5 Highest Paying Slots: Uncharted 1492, Money Train 2, Big Bad Wolf, Razor Shark, Jammin’ Jars
- New Player Bonus: 100% match up $1,000
- Types of Payment Methods Available: Interac, credit cards, eWallet
- Review: Royal Panda Casino
Launched in 2014, Royal Panda is known for both its online casino and sportsbook. Royal’s casino stands out thanks to its frequent promotions and popular loyalty program. It also offers high cashout limits at up to $50,000. You can do your banking here through Zimpler, Visa, Mastercard, Neteller, Skrill, Interac, EcoPayz, MuchBetter and Trustly.
Pros & Cons
4. GreatWin Casino
- Payout Rate: 96.30%
- Payout Speed: 24-72 hours
- No. of Slot Games: 4,000+
- 5 Highest Paying Slots: Temple Tumble 2, Gunslinger Reloaded, Dragon Chase, Buffalo Trail, Thunderstruck
- New Player Bonus: 100% match up to $750 + 200 free spins
- Types of Payment Methods Available: Credit cards, eWallets, cryptocurrencies
- Review: Great Win Casino
Great Win provides Canadians with an impressive catalogue of games (4000+) and an above-average RTP (96.30%). Additionally, it has several banking options for users, including crypto, credit cards, and eWallets. The site is easy to navigate, and the graphics offer an enjoyable experience.
Pros & Cons
5. HighRoller Casino
- Payout Rate: 96.38%
- Payout Speed: 24-48 hours
- No. of Slot Games: 2,200+
- 5 Highest Paying Slots: Book of 99, Dead or Alive II, Immortal Romance, Reactoonz, Razor Shark
- New Player Bonus: 100% match up to $500 + 200 free spins
- Types of Payment Methods Available: Cryptocurrencies, credit cards, eWallets
- Review: HighRoller Casino
The High Roller Casino loyalty program is one of the best for players of all bankrolls. It gives low rollers a realistic chance at earning free spins and other rewards. You can also look forward to a big live dealer casino here with nearly 100 games. Additionally, High Roller shines thanks to the several 7-figure progressive jackpots that it offers.
Pros & Cons
6. N1 Casino
- Payout Rate: 98.50%
- Payout Speed: 0-24 hours
- No. of Slot Games: 10,000+
- 5 Highest Paying Slots: Absolutely Mad Mega Moolah, Kronos King of Olympus, Teasure Nile, Book of Dead, Midas: Golden Touch
- New Player Bonus: 100% match up to $1500 plus 150 free spins
- Types of Payment Methods Available: Credit cards, eWallets
- Review: N1 Casino
N1 Casino provides users with one of the largest portfolios of games in Canada. The site has one of the highest payout rates (98.5%), and some impressive jackpots. But the payout speed is what stands out here: all withdrawals are approved in 24 hours or less!
Pros & Cons
Top Casino Payout Questions Answered:
What is a casino payout percentage and how is it calculated?
A casino’s payout percentage is the average amount the site returns to players from every wager they place. To calculate this figure, the RTP percentages of all available games are added together and averaged out.
How Do I Determine if a Casino has a Good Payout Percentage?
Generally speaking, a payout percentage of 95-96% is usually a good benchmark. The reason for this is that although slots can have RTPs of anywhere between 90% and 99%, the more consistent RTPs of table games typically stabilise that average somewhere in the middle. If you find a casino with a payout percentage higher than 96%, you’re doing well.
What is the Average Time for Payouts?
To calculate that average time for payouts, we look at a casino’s general processing time plus the transaction times for each individual method offered. When these numbers are evened out, a good mean is typically in the region of three business days. Generally speaking, eWallet methods are much faster than debut/credit cards or direct bank transfers.
What Factors Can Affect Payout Times?
While payout times typically differ from method to method and casino to casino, the biggest factor affecting them is KYC verification. When making a withdrawal, players must ensure they’ve provided all relevant identification details, otherwise their transaction may be held up.
What is Return to Player (RTP) in Relation to Casino Games?
The return to player percentage (RTP%) of a casino game is the amount that a particular title pays out for every bet placed over the long term. For example, a slot with a 98% RTP will return $98 on average from every $100 wagered. Note, however, that while all RTPs are less than 100%, hitting a jackpot can result in a player winning much more in the short term.
How Do I Check the RTP of a Casino Game?
The RTP percentages for most casino games are usually listed under the game rules or game information tabs. That being said, there are a small number of providers that don’t make their RTP figures public. For an easy overview of the ones that do, however, pages like this one and reviews at Gambling.com can cut out a lot of the time-consuming research.
Top 10 Highest Paying Online Slot Machines
Canadians have access to many high paying online slots, but the following games are the best regarding RTP. You should definitely consider these slots whenever you’re at the associated casinos.
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Best Paying Casino Table Games
Table games already carry a reputation for being among the highest paying online casino games. Certain games stand out above the rest, though when it comes to payout percentages. Be on the lookout for the following 10 table games when you’re at the best payout Canada online casinos.
How to Find the Best Payout Online Casino in Canada
Bookmark this page
The world of online casinos is never standing still - and neither are we. We update this page every month to not only include the most exciting new casinos available to Canadian players, but also the hottest new releases and their RTPs. Understandably, developments like these have a significant bearing on our list of the best payout online casinos, so if you don’t want to be basing your decisions on old data, we strongly recommend that you bookmark this page for future use.
By doing so, you can track down the best payout rates currently offered by online casinos, plus the highest RTP% slots and where to find them. You’ll also learn about the latest slot and table game releases that have broken into the top 10 and what sort of returns they can offer to players.
Check our reviews
While this page provides an excellent overview of the best payout rates and return to player percentages, if you’re looking for something a little more detailed, you can’t go wrong with our in-depth casino reviews. The team here at Gambling.com have countless years of industry experience between them and have reviewed hundreds of online casinos already, meaning we know exactly what to look for when evaluating a brand.
Of course, if you’re just looking for payout rates and RTP%, you can skim to the relevant section of the review, but if you want to dive a little deeper, you’ll find everything from the welcome bonuses offered to info about casino payment methods.
Check RTPs
Before playing a game that’s not listed here at one of our recommended sites, it’s advisable to first check the RTP% so you know what you theoretically stand to win in the long term. In most cases, the easiest way to do this is to click the information button on the game display of your selected title.
This will typically take you to a new screen with details of everything from payouts and paylines to RTP% so you can see if the game is right for you. Failing that, most casino sites have a full breakdown of the games they offer and their RTPs located deep in their FAQs section.
Always check the fine print: T&Cs
When writing our reviews and pages like this one, we always check the T&Cs of a site and its games to make sure we’re not misrepresenting important data such as payout percentages and RTP%. Even though the information we provide has been double-checked for accuracy, it goes without saying that we’d always recommend players check the T&Cs and game information pages themselves, as sometimes operators can change their game mechanics at short notice.
5 Tips to Maximise Your Winnings at Online Casinos
By reading pages like this one, you’ll have already given yourself a real leg up in terms of how to maximise your winnings at best online casinos. However, if you’d like to hammer home your advantage and get the absolute most out of every bet placed, we’d recommend the following tips:
Tip #1: Play the top RTP games at the best payout casinos
While a casino’s payout rate is a good indicator of how much you should expect to receive back from your bets, it’s worth remembering that this is an average taken from all available games. In order to ensure you’re getting the top end of that payout range, you therefore need to actively seek out the slots and casino games that have the highest RTP percentage by using our lists.
Tip #2: Don’t confine yourself to just one online casino
As you will have noticed from our rundown of the top payout casinos in Canada, the games with the highest RTPs are pretty evenly spread out across multiple sites. As such, if you want to make sure you’re always playing the most generous slots and table games available, you’re going to need to make accounts on multiple platforms. Of course, doing so comes with another benefit.
Tip #3: Use welcome bonuses to make your money go further
Whenever you sign up at a new online casino site, you’ll be eligible to claim a promotional welcome offer. With these typically entitling you to a percentage match bonus on your first deposit and other extras like free spins, they can be a great way to help stretch your budget further. These casino bonuses all come with T&Cs attached, so be sure to check them out before claiming.
Tip #4: Keep an eye out for new releases with high RTPs
Software developers aren’t stupid when it comes to knowing what customers want. With many players seeking to stretch their bankrolls as far as possible by playing only the games with the best RTP, there’s something of an arms race between studios to release games with higher and higher percentages. As such, whenever a new release comes out, be sure to check out its stats.
Tip #5: Allocate your budget and exercise smart bankroll management
Even with the highest RTPs available, you’re always going to be at a slight disadvantage against the house in the long run. As such, it’s important to be clever with how you manage your bankroll. It goes without saying that you should set yourself stop-loss limits so you don’t spend more than you can afford, but you can also look into how you allocate your budget by dedicating a portion of it to playing high-variance games that trade low RTPs for huge potential payouts.
Ontario launched its regulated online gambling market in April 2022. Since then, many new online casinos have come calling in this lucrative market. They must acquire licensing and operate within the bounds of Ontario online casino gaming laws. Therefore, you can expect a safe and entertaining experience when playing at these casinos via desktop or online casino apps.
Of course, not all Ontario online casino sites are equal regarding payout percentages. Some offer higher overall return to player (RTP) than the competition when factoring in all of their casino games. You can discover the 5 best payout casinos in Ontario below.
Our Highest Payout Ontario Online Casinos Ranked
Top Best Payout Ontario Casinos at a Glance
The Ontario gaming market is filled with quality online casinos. However, you may want more than just quality and seek the highest-paying ON gaming sites. If so, you can see the six best payout Ontario casinos of November 2022. We’ve thoroughly sampled many games at these casino sites to come up with composite return to player (RTP) figures. You have the best chance of finding high-paying games at these casinos.
- 🏆 Overall Best Payout Online Casino: Party Casino
- 🎰 Highest Payout Online Casino: Royal Panda
- ⏩ Fastest Payout Casino: PokerStars
- 💰 Highest Paying Slot Game: Book of 99 (99.0% RTP)
Top 6 Best Payout Ontario Casinos Compared
A Closer Look to Highest Payout Online Casinos in Ontario
The following Ontario online casinos offer the best collective return to player (RTP) in the province. You can see what else makes these gaming sites special besides their high RTP below.
1. Lucky Days
- 💸 Payout Rate: 96.64%
- 💳 Payment Methods: Visa, Mastercard, EcoPayz, iDebit, InstaDebit, Interac, MuchBetter, Paysafecard, bank transfer
- 🎲 No of Casino Games: 2,500+
- 🃏 Types of Casino Games: Slots, live dealer games, scratchcards, table games
- 🎰 Other Products Available: None
- ⭐ Ontario Review: Lucky Days Casino
Lucky Days has a nice combination of many games and high RTP. You can expect over 2,500 games—including 2,200+ slots—plus 96.64% overall payback. This online casino makes it easy to deposit as well via nine banking options. Lucky Days goes above and beyond with methods like iDebit, InstaDebit, and Paysafecard.
2. Party Casino
- 💸 Payout Rate: 96.57%
- 💳 Payment Methods: Interac, Visa, Mastercard, Neteller, Skrill
- 🎲 No of Casino Games: 3,000+
- 🃏 Types of Casino Games: Slots, live-dealer games, scratchcards, Slingo, table games, virtual sports
- 🎰 Other Products Available: Sportsbook, poker
- ⭐ Ontario Review: Party Casino
Party Casino is still going strong after over a quarter century in the business. Launched in 1997, it features one of the best reputations in the Ontario market. Party Casino also stands out for its multimillion-dollar progressive jackpots. You can score life-changing money through slots like Mega Moolah and Melon Madness.
3. Royal Panda Casino
- Payout Rate: 96.52%
- Payment Methods: Interac, Visa, Mastercard, Neteller, Skrill, EcoPayz, MuchBetter, Paysafecard, Zimpler
- No of Casino Games: 1,300+
- Types of Casino Games: Slots, live-dealer games, scratchcards, table games
- Other Products Available: Sportsbook
- Ontario Review: Royal Panda
Royal Panda is a popular online casino and sportsbook that launched in 2014. It covers a nice array of game categories, including slots, live dealer, table and scratchcards. It also offers some of Ontario’s highest withdrawal limits at $50,000 per transaction.
4. Spinaway Casino
- 💸 Payout Rate: 96.44%
- 💳 Payment Methods: Bank transfer, Interac, Visa, Mastercard, MuchBetter, Skrill Neteller
- 🎲 No of Casino Games: 1,700+
- 🃏 Types of Casino Games: Slots, live-dealer games, table games, video poker
- 🎰 Other Products Available: (sportsbook, poker etc)
- ⭐ Ontario Review: Spinaway Casino
Spinaway is another Ontario casino with high payouts, averaging 96.44% overall. It also offers a nice mixture of games from Big Time, Blueprint, Evolution, NetEnt, Play’n GO, Pragmatic, and Push Gaming. You can expect large progressive jackpots here through games like Queen of Alexandria and Treasure Nile..
5. PokerStars Casino
- 💸 Payout Rate: 96.38%
- 💳 Payment Methods: Interac, Visa, Mastercard, Apple Pay, EcoPayz, InstaDebit, MuchBetter, Neosurf, Paysafecard
- 🎲 No of Casino Games: 1,400+
- 🃏 Types of Casino Games: Slots, bingo, live-dealer games, scratchcards, table games
- 🎰 Other Products Available: Sportsbook, poker
- ⭐ Ontario Review: PokerStars Casino
6. Casino Days
- 💸 Payout Rate: 96.35%
- 💳 Payment Methods: Neteller, Skrill, Visa, Mastercard, Interac, Klarna
- 🎲 No of Casino Games: 3,000+
- 🃏 Types of Casino Games: Slots, table games, live-dealer games, scratchcards, video poker, lottery
- 🎰 Other Products Available: None
- ⭐ Ontario Review: Casino Days
Along with Lucky Days, Casino Days has one of the biggest game selections in Ontario. It offers roughly 3,000 games, ranging from slots to live lottery. The latter is unique because most ON online casinos don’t provide lottery games. Casino Days further excels by featuring a broad range of payment options.
Important Factors for Ontario Casino Payouts
Looking for a quality gaming site that consistently delivers high payouts? If so, you’ll want to focus on Ontario casinos’ overall payout percentages and the methodology for finding these figures.
Casino’s Payout Percentage Explained
A casino payout percentage refers to the average RTP for all of its games combined. If an online casino features 1,500 games and 96% payback, you can expect 96% RTP for the average game. Of course, the RTP for any individual game will likely vary from this figure. But you can get a general sense for what you’re dealing with by checking out overall payback.
How the Ontario Casino Payout Works
Most Ontario online casinos don’t list their overall payout percentages. Furthermore, it’s nearly impossible to go through every single game at each ON casino and check payback. Therefore, we conduct samples of different game types while doing reviews. We then add up these samples and average them out to get the composite RTP.
Highest Paying Casino Games
Certain game categories tend to pay higher than others on average. This knowledge becomes useful when combined with a list of the highest payout Ontario online casinos. Below, you can see the best-paying types of ON casino games.
🏅 Blackjack: 98.6% - 99.8% Average RTP
Blackjack RTP varies based on two main factors: game rules and your command of strategy. The highest-paying blackjack variations offer the most-favourable rules, like 3:2 payouts on natural blackjacks. We’ve seen Ontario Online blackjack games that deliver up to 99.8% payback! Of course, you need to master blackjack strategy to achieve high RTP in any variation.
🏅 Baccarat: 98.76% - 98.94% Average RTP
Baccarat is a basic table game with three main bet choices: banker hand, player hand, or both hands tying. The banker and player bets offer 98.94% and 98.76% payback, respectively. You want to avoid the tie wager due to its 85.64% RTP, along with any side bets.
🏅 Other Table Games: 94.74% - 98.64% Average RTP
Some table games that fall in the “other” category include Caribbean stud, craps, European roulette and three-card poker. Out of these, craps (98.64% RTP) and European roulette (97.30%) offer reasonably high payout percentages.
🏅 Online Slots: 95.0% - 97.0% Average RTP
Online slots vary the most out of Ontario online casino games when it comes to payback. Some offer 95% RTP or worse, while others can deliver up to 99.0% RTP. NetEnt’s Mega Joker and Relax Gaming’s Book of 99 are the two that provide 99.0% payback.
Tips to Choosing a Top-Paying Ontario Online Casino
You’re already ahead of the game by finding the best online casino payouts in Ontario. However, you can take your search—and potential winnings—further with the following tips.
Tip #1 - Check for an Ontario license
Ontario requires legal online casinos to obtain licensing with the Alcohol and Gaming Commission. Any unlicensed ON gaming site is illegal and can’t be trusted to consistently make payouts.
Tip #2 - Consider a casino’s RTP & payout speed
We’ve highlighted why you want to pick casinos with high payout percentages. However, you should also consider how quickly you’ll get paid too. Quick and reliable casino payment methods are a must. After all, you don’t want to spend weeks waiting on a cashout.
Tip #3 - Play Games with High RTP
Finding the best online casino payouts for Ontario alone isn’t enough. You want to take things a step further by also checking individual games’ RTP. By doing so, you can consistently play slots and table games with better payout percentages.
Tip #4 - Sign up with multiple Ontario online casinos
Don’t limit yourself to just one casino’s game selection. When signing up at multiple ON casinos, you can choose the best games from multiple operators. After all, one gaming site might excel in blackjack while another has the best-paying slots.
Tip #5 - Watch for new Ontario high online casino payouts
The Ontario gaming market has two dozen online casinos and counting. You might find more top online casino payouts by watching for new gaming sites. We’ll do our best to fill you in on the ON new casinos as well.
Choosing an online casino is a serious business and with the vast volume of payout statistics floating around the web for the top casinos on the internet, there's no excuse for not doing your homework. One of the most reliable statistics available is the average percentage payout. Monitored monthly by independent experts like eCOGRA and often published via links in the footer of casino webpages, these reflect the percentage of player wagers returned as winnings during the period. The occasional big winner is another sure sign of a high paying casino in Canada.
More Info on Highest Payouts at Online Casinos
You can learn more about payout rates at Canadian online casino when you are playing games for real money. Below are some of our suggested articles to help you understand them better.
FAQ
What is a payout percentage?
A payout percentage is simply the amount you can theoretically expect to receive back from every bet that you place over the long term. For example, a slot with a 98% payout will - on average - return $98 for every $100 spent, though short-term variance is less predictable.
What is considered a good payout rate?
It really depends on the game you’re playing. While an RTP of 96% or more is pretty generous for a slot, it would be on the lower end for a table game. For roulette, you’d typically want to see 97% or better, while blackjack needs to be at least 99% to be profitable.
What is the average payout of slot games?
As we mentioned above, somewhere in the region of 95-96% is a pretty average payout for slot games. While you will occasionally find online slots with payouts as high as 99%, these are few and far between and you should always check the information tab before playing.
Do other casino games like roulette have high payouts?
Yes. Table games generally have much better payout percentages than online slots, but there is a slight caveat. As there’s a skill element to games like blackjack, you will need to employ correct strategy to realise the potential 99% RTP on offer, as making fundamentally incorrect decisions like hitting on 20 will obviously damage your potential returns.
Which is the best paying online casino in Canada?
At the time of writing, both PartyCasino and SlotNite offer top payout rates of 96.2%, making them among the most generous sites available in Canada. Typically, most casinos will sit within a percentage point of this figure, so be cautious of those offering anything below 95%.
Which is the fastest paying casino?
While payout speeds obviously depend on the method being used and external factors such as ensuring KYC verification has been completed correctly, our reviewers found that Zet Casino was the fastest with a guaranteed withdrawal time of three days across all methods.
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