Best Paying Online Casino
Payouts matter to gamblers (at least, they should). Gaming is fun due to exciting graphics and fun effects, but gambling is specifically fun due to the thrill and reward of winning. If you never won any money back, it wouldn’t be nearly as entertaining! When you’re looking for legit online casinos, how do you decide which platforms to play on? Most experienced gamblers will go for a top online payout casino. These sites offer the best returns to the gamblers on their platforms. What exactly does that mean? Don’t worry, we’ll dig into it today with this review of the best online casinos that pay out winnings to Canadian players.
The higher a payout percentage is, the more money you will win back over time. Keep reading to learn how these figures are calculated and how to find the best Canadian online casino payouts available.
Best Payout Casinos 2020
Advantages of Top Paying Online Casinos in Canada
Gaming platforms provide plenty of fun with different themes, graphics, and game types. When you’re gambling with real money, the thrill keeps coming – but only if you win back a good chunk of what you spend.
As we mentioned, a payout, or the return to player percentage (RTP%), describes how much money you can expect to win back on a game. The higher the payout, the more money you’ll win back over time.
Payout percentages are calculated through a couple of different factors. They can be specific to games or casinos. Let’s look at the math:
Let’s say you play a game with an RTP of 95%, and you play 100 times. Every time you play, you place a $1 bet. By the time you finish your 100th round, you will have theoretically made back $95 or 95% of your total investment in the game.
That number is an average, of course, and you can win back a little less or a little more. Ideally, you’ll hit the jackpot and earn a lot more!
In the world of online gambling, RTPs over 96% are great. Platforms closest to a 100% RTP are the highest payout online casinos, and users often enjoy a lot of winnings while playing on those sites. Keep in mind that these averages occur over time. If you bet $10, you won’t necessarily win back $9.70 in only a few turns. Many games require multiple rounds to build up your winning streak.
Obviously, RTPs should always be considered, but higher winnings aren’t the only perk of these lucrative platforms. Besides ensuring games are fair and worthwhile to dedicated players, the best payout casinos are often geared toward overall customer satisfaction.
You can often find more diverse game selection, better customer service, lots of payment options, and – perhaps most importantly – great bonuses on high RTP platforms. The casino understands what keeps players happy and helps them return, so it usually means they’re willing to go the extra mile in multiple ways.
Here are a few examples of some of our favourite casinos for Canadian players.
- Jackpot City Casino. They’ve got an RTP of a whopping 98%, and they offer a $1600 welcome bonus. In addition, you’ll find a diverse game selection.
- Spin Casino. They’re 97% RTP is great, with a $1000 match bonus. Live dealer games are especially popular here, and their website is well-adapted for international use.
- Playamo. Also, a 97% RTP, but instead of a match bonus, you have a daily chance to win free spins. Cryptocurrency is supported.
- All Slots Casino. A very nice 96% RTP, plus a $1500 deposit match bonus. A wide variety of real money games, including slots from Microgaming.
As you can see, the best casinos are just the ones with high payouts, but that offer other unique features to their players. Next, we discuss how you can find the best platforms available and independently evaluate new sites you encounter.
How To Find The Best Paying Online Casino?
Now that you understand how important it is to find a gambling website that rewards its players frequently let’s talk about how to find them. There are a few key factors that all the reputable, best payout online casinos in Canada have in common.
First, any legit gaming platform needs to be properly licensed. A trustworthy site will have their gambling license displayed, usually at the bottom of the home page. If not there, check the About or FAQ pages. There are a few different gambling authorities that give out licenses, such as the Malta Gambling Commission. Be sure to only play on sites that have been certified to host players (or else you may lose out on your winnings).
Second, read reviews from other gamblers. When someone enjoys their gaming experience (or if they don’t), you’ll be able to find those opinions easily. You can read first-hand experiences of how often people have won and how the process went when they withdrew the high balances that they earned. Also evaluate which are the best mobile casinos, if you prefer to game on your smartphone or tablet.
Third, find the payout percentage. The best payout percentage online casinos are happy to display their rates, usually on the homepage. Nothing beckons new customers like a bright, flashy banner proclaiming how easy it is to win money!
Fourth, look for independent reports. In an ideal world, everyone would be totally honest, but in this world, auditors are in high demand. That benefits the player because you can determine whether a platform’s claims are legitimate. There are multiple auditing that reviews the RTP% and publish reports validating or refuting the casino’s claims.
Fifth, but not least, bonuses are important. Choosing a new casino is a package deal, literally. A welcome package that rewards you with extra free spins or a generous deposit match is worth considering. It’s how you combine these bonuses with a payout percentage that helps make the most of your gambling experience.
Highest Payout Casino Games
Now that we’ve discussed how to evaluate the best payout online casinos in Canada, it’s time to turn our attention to the individual games. You’ve probably noticed that the top online casinos offer a wide variety of gaming options to their players. Slots are obviously popular, but what about table games? How do different games stack up against each other?
Even at the highest payout rate online casino, game choices matter quite a bit. And even if you’re at a casino with an overall lower RTP, that doesn’t mean you can’t win big. Here’s the breakdown for table games:
- Blackjack. All styles of blackjack are likely to have the highest payouts of any casino game. Specifically, American blackjack has an RTP of 99.95%, making it the highest-payout game available. It’s closely followed by Single Deck and Multihand blackjack, which each rank above 99.96%.
- Baccarat. If you enjoy European baccarat, expect a payout of 98.99%. American and Punto Banco are also in the 98.9% category, making them lucrative alternate options.
- Poker. This classic game follows suit with payouts in the 96-98% range. Texas Hold ‘Em ranks first at 98.6%, with Joker Poker, 5- and 3-card Stud trailing just a little bit behind.
- Roulette. European roulette offers players a nice 97.3% payout, as does Lightning, Double Ball, and French roulette. Only American roulette trails the pack with a 94.34% payout.
Now, of course, perhaps the biggest hit on casino sites are online slots. There are thousands upon thousands of games available, from megadevelopers like Microgaming and Aristocrat, down to in-house programs and indie developer slots. Even with such a wide array, slots actually carry the lowest payout percentage (among high RTP games).
That doesn’t mean they aren’t worth the fun they bring – but if you’re looking for awesome winnings, you’ll need to choose carefully. We’ve got you covered with a list of the best paying slot games out there, accompanied by their RTP% and developer.
- 8 Lucky Charms – 97.4% (Spinomenal)
- Avalon II – 97.0% (Microgaming)
- Guns ‘n’ Roses – 96.98% (NetEnt)
- Wheel of Fortune – 96.6% (Simbat)
- Starburst – 96.1% (NetEnt)
- Gold Rush – 95.70% (NetEnt)
Whatever your tastes for slots, there’s almost certainly a popular game out there for you that promises good winnings. To sweeten the deal, try to play games with progressive jackpots. If you do win, you’ll win big – sometimes in thousands, or even the millions. Microgaming’s Mega Moolah slot comes in low at 94% RTP, but those who do win, win big.
Payment Methods At Online Casinos that Pay
Once you’ve piled up your winnings, you want to make sure that you can actually deposit them into your own bank account. Ideally, you’ll have access to them within a day or two. To make sure your winnings are in your hands sooner rather than later, there are a few payment methods that facilitate transactions better.
We discuss these below. They’re the best online casino payouts Canada residents can opt for. To make them even more efficient, always set up your account before you’re reading to make a transaction.
There isn’t an online casino with instant withdrawal options we can point you to, but here are reliable methods for the fastest cashouts:
- Credit and debit cards. Whether you prefer Visa, MasterCard, or Maestro, bank cards are simple to use and widely accepted. These take the longest, with a waiting period between 2-5 business days, depending on the gaming platform.
- E-wallets. E-wallets, such as Neteller and Skrill, make transactions a breeze. There are much shorter waiting periods – it might be a day or two, but sometimes funds can show up instantly. Neteller also boasts some of the lowest service fees, so you don’t lose a chunk of your winnings.
- Interac payment. This online staple has a couple of benefits. It provides an added layer of security if you’re not interested in handing over your banking info.
Play and Win!
Thank you for taking the time to read through our information on how to find the highest payout casino online platforms and games. There are obviously a lot of factors for the savvy gambler to consider. We hope that the information we’ve offered makes your decisions and explorations easier going forward.
To review: Look for licensed casinos to make sure you’re entrusting your deposits to a reputable company. Choose higher RTPs on your games or platforms to maximize your winnings. Combine bonus offers with high payouts. And, of course, keep an eye out for reliable payment methods. Follow those tips, and you’ll discover even more entertainment when you game online.