Updated: Nov 4, 2024
Find the best online casinos with the highest overall payout ratios right here.
We only feature licensed casinos where you can bet safely, knowing that the casino pays out winnings quickly and accurately.
Our Recommendations on the Best Paying Online Casino Sites in Canada
Many great casinos offer high RTP (Return to Player) percentages. However,when it comes to choosing, we always recommend the most trusted casinos with the highest payouts.
For high payout casinos in Canada, we recommend trying the following:
All of these casinos have high payout ratios of over 96%.
RTP (Return to Player) is a commonly used term in online gaming, which refers to the percentage of beta that a casino game returns to players in the long run. It is the standard value used to assess the quality of online casino games.
How to Choose Between the Top Paying Online Casino Sites
If you haven't tried any of these casinos before or are otherwise unsure which one to start with, you might find the following tips helpful:
Check if the casino supports your preferred the payment method(s) for deposits and withdrawals.
Check which games are available at the mentioned casinos. Perhaps you are looking for a specific game you want to play that might not be available in all casinos.
Check that it is an official casino, so you do not expose yourself to security risks. The simplest way to do so is to look at the casino's website, usually their license-related information is mentioned in the footer or the "about us" section of the casino's website.
RTP vs payout
What is the difference between RTP and payout rate? Well, RTP refers to the percentage of the wagered sums returned to players in the game's life cycle, whereas a payout refers to a specific sum paid out to a player.
For example, a game's RTP may be 96%, but a single payout could be $100.
A comparison of the top paying casinos
Above we gave an overview of our top payout casinos, but let's take a closer look at what differentiates them.
ICE Casino is a site that accepts numerous payment methods, so surely everyone will find one that works for them. In addition, they organize live tournaments, offer weekly bonuses, and have a loyalty program. So, if these are among the things that you enjoy, ICE Casino might be a good choice for you.
Constantly changing bonuses
Live tournaments
Numerous payment methods
Wide selection of games
No self exclusion option
Chat can be slow
Jackpot City also offers live games and a generous deposit bonus. With a minimum deposit of just $10, it's an excellent option for those who want to start with low deposits or practise responsible gambling.
Great deposit bonus
Huge variety of slots, including penny slots
Few games besides video slots
Not that many game software providers represented
Lucky Dreams is another great casino to try. Our favourite features of Lucky Dreams are their generous deposit bonus with free spins, their VIP service and exclusive promotions. They also accept many payment methods, including Bitcoin.
Exclusive promotions and VIP service
Live casino games
Generous deposit bonus, including free spins
Various payment methods, including Bitcoin
Chat can be slow
Bonus terms can require time to review
CASUMO has various bonuses, but the amount of payment methods are fewer compared to ICE Casino and Jackpot city. CASUMO's main focus is on slot games, so if you like those, you might want to give them a try.
Big selection of slot games, including penny slots
Generous deposit bonus
Supports few payment methods
Remember this when playing at high payout casinos
Even if a casino has high payout rates, it is important to keep in mind that the house still usually wins.
Make sure to keep the following in mind, even when playing at the best paying online casinos:
Not all games have equal RTP. Just because a casino is known for generous payouts, that might not apply to all of their games. Always check the RTP and volatility before playing.
Beware of any bonus conditions that apply. When you have won, it doesn't mean you can instantly withdraw your winnings. Some of the highest paying online casino sites (and not only those) require you to bet a certain number of times until you are allowed to withdraw your winnings.
Play responsibly and set clear limits to how much time and money you are willing to spend at a casino. Do not ever cross that line as it can become a slippery slope towards bigger losses.
A game's volatility refers to how often you can expect wins. A game with low volatility generally means smaller wins (but more often), whereas high volatility refers to larger wins that occur more rarely.
If you're going to pay at an online casino, you might as well choose one with high payout percentages. Check out our overview of casinos above and choose the one that appeals to you.
