Find Highest Paying Online Casinos
Best Payout Online Casinos
Author:
Oliver A.
Different players in the iGaming industry follow different criteria to choose the best casino for them. Some prefer to enjoy more bonuses while some prefer a versatile game library. Then, there are people in Canada who love online casinos with highest payout! Not only that but you’ll also learn how did we choose these operators, what makes an online casino the best payout brand, how can you get started with one, and plenty of other useful information.
Top 10 High Payout Casinos
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Best High Payout Casinos by Category
As promised, we’re going to start our guide with a list of the best payout gambling sites in Canada. Our experts have spent hours and hours finding these operators and evaluating them for best performance. So, we can assure you that you’re bound to have a blast if you stick to this list.
What is an Online Casino Best Payout?
The term “best payout” is pretty self-explanatory. It’s referring to an online casino that pays out the best. Now, the problem is that the concept of “best” is subjective and it varies from player to player. From what we’ve seen, there are 3 main areas where players are the most concerned regarding the payouts of the casinos. Let’s try to discover them one by one.
Best Payout Casinos Based on Game RTPs
If you want to enjoy your time in the iGaming industry, you must understand what RTP is. All casino games have an RTP, whether it’s disclosed or not. If you look into slot games on the casinos we’ve listed, you should find the RTP listed on the game information page. The highest payout casino games happen to be the favourite among Canadian players for obvious reasons. RTP stands for return to player. It’s a theoretical assumption of how much the game may return from your bets. So, if a game has 97% RTP, it essentially means you’ll get up to 97% of your bets back if you keep playing. Now, the “up to 97%” bit is important here. Because RTP is just a theoretical calculation and it technically doesn’t improve your chances of winning.
However, as RTP is the average payout generated over hundreds of thousands or even a million rounds, it’s likely that you can win more if you keep playing. But there’s a catch. The house edge. House edge is the remaining percentage of a game. So, for a 97% RTP game, the house edge is going to be 3%. You might never reach the rated RTP of a game but the house edge will always be there, for every single round. It means even if you don’t win anything from a round, you’re going to lose to the house. Over the long term, the losses are going to catch up to you unless you generate a few massive wins. Then again, highest payout casino games are always deemed better than low payout games. Because you get the notion that there’s a possibility of getting the money back if you’re determined enough.
So, whenever you’re trying to find the best online casino Canada fast payout, the average RTP should be the first thing to look at. Some casinos list the average RTP directly while others don’t. In the case of the latter, you need to evaluate the individual games to understand exactly what you can expect.
How to Be Sure a Casino is Safe?
When it comes to playing at an online casino, safety is a top priority. Verifying that the casino you choose is safe means making sure that it is appropriately licensed and regulated. You should always check the legal details associated with the website and research their security measures to ensure that your personal information and payments are kept securely.
Do Your Research.
The first step to finding a safe online casino is to do your research. There are a number of ways to research an online casino, including reading reviews from our experts, checking out the casino’s licensing information, and looking for third-party certification. Doing your research will help you to identify casinos that are known for being safe and secure.
Check the Casino’s License.
All reputable online casinos will be licensed by a gaming authority. The most common gaming authorities are the Malta Gaming Authority, the UK Gambling Commission, and the Gibraltar Regulatory Authority. Checking the casino’s license information will help you to ensure that the casino is operating legally and that it is subject to strict regulation.
Look for Third-Party Certification.
Another way to ensure that an online casino is safe is to look for third-party certification. Third-party certification comes from organizations such as eCOGRA and iTech Labs. These organizations test the casino’s games to ensure that they are fair and random, and they also monitor the casino’s operations to ensure that it is complying with industry standards.
Consider the Casino’s Reputation.
When choosing an online casino, it is also important to consider the casino’s reputation. A good way to research a casino’s reputation is to read player reviews. You can also check out industry news sources, which provide information on casinos that have been blacklisted due to safety concerns.
Contact Customer Support.
If you have any questions or concerns about safety at an online casino, you should contact customer support. Most reputable online casinos will have 24/7 customer support available through live chat, email, or telephone. This gives you the opportunity to ask questions and get answers in a timely manner.
Online Casino Best Payout with High Withdrawal Limits
You might be generating the payouts from the games at an online casino but you’re going to need to withdraw them too. It doesn’t matter if you win a whole lot only to be bottlenecked by the withdrawal policy of the casino. That’s exactly why the withdrawal limits are a valid paradigm for our journey to find the online casinos with best payout. Withdrawal limits are usually listed in the T&C section of the casino website. Some operators go out of their way and create a dedicated page for deposits and withdrawals. In that case, that’s where you’re going to find the information. At the same time, you might come across online casinos in Canada that don’t mention anything about the withdrawal limits anywhere on the website. In that case, it’s safe to assume that the operator dynamically assigns the limits to individual accounts.
It takes the frequency of deposits and withdrawals, how big or small they are, and how often players log in as measures to figure out the limit. If that’s the case for the online casino you’re currently interested in, make sure you contact customer support. The customer support agents should be able to give you a tentative idea of how much you can withdraw daily, weekly, and monthly. If they can’t, you’re better off without this operator. It shows incompetence on the customer support end. It might also indicate illegitimate practices as the brand is not willing to communicate transparently. In Canada, up to a $10,000 withdrawal limit every day is considered a high payout limit. Now, this is not a concrete number. So, the definition of what a high withdrawal is may vary between ours and other experts. We’ve come up with this number based on our previous experience in the industry and feedback from our readers.
Best Payout Online Casinos with Highest Paying Slots
The casinos we’ve listed surely pay a lot both in terms of the RTP and the withdrawal limit. However, that’s not enough for an operator to become the best online casino Canada fast payout. The other necessary component is withdrawal speed. All traditional online casinos have a pending period for withdrawals. It can range anywhere between a few hours to a few weeks. Usually, the greater the number of active players present at an online casino, the longer it needs to process the payments. It’s primarily because verifying the player accounts before disbursing the payment is a very important safety feature. This way, the operator knows that it’s actually you who’s requesting the payment.
At the same time, the pending period gives you the opportunity to change your mind and cancel the payment if you want. Needless to say, the faster a casino can process your payment, the better it is. It must be a combination of the highest payout casino games, massive limits on withdrawals, and blazing fast withdrawal processing. So, when you’re looking into new online casinos, read the withdrawal policy. It may mention the individual processing time for each of the withdrawals or provide you with a table of all the payment methods and when you can expect the money in your account.
Highest Payout Games
From our previous section, you know that an online casino must offer games with a high RTP rating. You can always check out individual games in the industry and figure out which games offer the most RTP. Or, we can list the best games in that regard for you right here, right now? What do you want to do?
Online Slots with Highest Payouts
As slots are the most popular genre of casino games, let’s start with that. In general, the RTP for slots is not very good. It’s primarily because the games are completely based on luck so you don’t have any control over how a spin might turn out. From what we’ve seen, online slots with an RTP range of 94% to 96% are the most common. Progressive jackpots usually have a lower RTP due to the advanced game mechanic. As long as you’re playing titles with around 96% RTP, it should be fine for you. However, some games have managed to push the limits beyond anyone’s imagination. These games are very highly regarded in Canada as well as in the rest of the world for their amazing payout ratio. So, let’s rank the top 5 online slots with the highest payout.
Best Table Games with Highest Payouts
Table games are usually deemed a better choice for casino players who’re worried about the payout. You can control more variables in a table game when compared to slots. Take Blackjack for example. There are plenty of variants in the game. You can play classic Blackjack, Perfect Pairs Blackjack, American Blackjack, European Blackjack, and whatnot. The common aspect of all of these games is that they all offer over 99% RTP! It’s because there’s a major element of skill in a game of blackjack. You don’t have to rely on your luck 100% to win. Rather, you can stand on your hand, hit to get more cards, double down on your bet, or even surrender if you’re not happy.
Everything combined, the RTP of the game goes through the roof. A somewhat similar concept is true for Roulette. The RTP for Roulette is not quite as high as Blackjack. But the game can still return more than 98% of your bets. The key is to create the best combination of inside and outside bets. Inside bets usually have a lower RTP because the odds are really low for those bets. You’re very unlikely to win unless you’re extremely lucky. Outside bets, on the other hand, have higher RTP because the odds of winning are better.
Another type of table game that we can’t ignore is video poker. These are slot-like games with an RNG as the dealer. They follow the rules for 5-card draw poker. Some variants of video poker offer a mesmerizing 800 to 1 payout for a Royal Flush! This is exactly why the RTP for video poker games is considered more than 100%. In fact, video poker is the only game that can break the 100% RTP barrier in the iGaming industry.
Now, we’ve covered mostly RNG table games in this section. It doesn’t mean we’ve forgotten about the ever-popular live dealer games. It’s just that these games have a similar RTP to their RNG variants. Here are some high payout table games for you.
How We Choose the Best Payout Casinos?
At the very beginning of this guide, we gave you a comprehensive list of the best payout casinos in Canada. But we never told you how our experts came up with that list. It’s because we wanted to keep the suspense until this point. This is the section where you’re going to learn how we rate the best online casino fast payout.
📜 License
The characteristic of an online casino that’s always going to be on top of our list is the license. We don’t condone unlicensed casinos in any way and it’s outright illegal in Canada. Hence, all of the operators you see on our list have valid licenses.
💳 Payment Methods
To utilize the high payout nature of the casinos we’re discussing, you’re going to need solid payment methods. Otherwise, how do you plan to withdraw your winnings from the high payout casino games? Our recommended operators have credit cards, debit cards, e-wallets, and even crypto casinos for Canadian players.
🎲 Game Library
High RTP games are surely necessary to have a good time but that’s not the end. You also need variation to keep yourself entertained throughout the journey. Hence, the casinos on our list offer slots, table games, live dealer games, and even speciality games like Bingo, keno, and scratch cards.
🤝 Customer Support
A very important feature for any online casino that often gets overlooked. You don’t realize the need for customer support until you face a problem. Hence, we do the checking for you beforehand and only list the brands that have the best support channels and hours.
🎁 Promotions
Last but not least, we evaluate the promotions too. Bonuses are always enjoyable no matter what the context is. You can expect to find a good array of bonuses at the casino operators we’re recommending in this guide.
Best Payout Online Casinos in Numbers
- The average online casino payout rate is 96.5%.
- The highest online casino payout rate is 98.9%.
- The lowest online casino payout rate is 94.1%.
- The average land-based casino payout rate is 95.9%.
- The highest land-based casino payout rate is 98.4%.
- The lowest land-based casino payout rate is 92.3%.
- In general, online slots have the highest casino payouts, with an average RTP of 96-97%.
- Blackjack and video poker have some of the lowest casino payouts, with an average RTP of 94-95%.
- The payout rate is not the only factor to consider when choosing an online casino.
- Other important factors include bonuses, game selection, and customer support.
Used Sources
The casinoforcanada.com team aims to provide high quality information. To ensure this, reliable and high-quality information sources are always used. The following sources are used in this article:
- Wikipedia - Gambling Mathematics
- Wikipedia - Payout Percentage
The article complies with all the editorial principles of casinoforcanada.com. In case of inaccuracies, contact the casinoforcanada.com team using the contact form at the bottom of the page. We will be glad to hear from you!
Related Pages
Frequently Asked Questions
Well, there is no one best online casino fast payout or the highest payout. Rather, it’s a combination of different features that you already know about. We’ve listed the casinos that are proficient in one or more of these features. Just go over our individual reviews and choose the one you see fit.
Payout limits are important for making an online casino stand out from its competition. In our opinion, bank transfers and cryptocurrencies should be your primary choice. These offer quick payouts with a higher ceiling than most other methods.
The minimum deposit required to play at best payout online casinos can vary depending on the casino. However, the average minimum deposit is usually around $10. Some casinos may require a higher minimum deposit, while others may allow you to start playing with a lower deposit. It is always best to check the casino’s terms and conditions before making a deposit.
There are a few withdrawal methods available for best payout online casinos. The most popular methods are through e-wallets such as PayPal or Skrill, or through a direct bank transfer. Other methods include through a check by courier, or by using a prepaid card such as Paysafecard.
Yes, there can be fees associated with withdrawals at best payout online casinos. These fees can vary depending on the casino and the method of withdrawal used. For example, some casinos may charge a fee for withdrawals made via credit card, while others may not charge any fees for withdrawals made via e-wallet. In addition, some casinos may charge a fee for withdrawals made in a foreign currency, while others may not charge any fees for withdrawals made in your own currency.
The average payout percentage for best payout online casinos is around 97%. This number can differ slightly from one casino to the next, but generally, the higher the payout percentage, the better the casino is for players. The best payout online casinos tend to have a higher percentage because they want to keep their players happy and coming back for more.
The highest payout percentage offered by a casino is typically determined by the type of game being played. For example, the highest payout percentage for slot machines is usually around 95%, while the highest payout percentage for table games like blackjack and roulette is typically around 99%.
Online casinos pay out winnings in a variety of ways, depending on the casino and the type of game being played. In general, most online casinos will offer a variety of payment methods, such as credit cards, e-wallets, and bank transfers.
Finding the best payout online casino can be a daunting task, but with a little research and some patience, you can find the perfect casino for your needs.
The first step to finding the best payout online casino is to do your research. Check out reviews from other players, read up on the casino’s reputation, and look at the casino’s website for information on their payout percentage.
Oliver worked for seven years writing thousands of reviews about online casinos and their games for various companies. This work has given him plenty of experience in this field, which now he applies to his work at Casinoforcanada.com. One of Oliver's special focuses in his reviews is the security features of each casino and how they’re used to keep the privacy and safety of players.
About Oliver Anderson
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