Best Payout Online Casinos: Canada's Highest Paying Casino Sites in 2024

We’ve tested more than a dozen licensed online gambling websites for fairness, game variety, payout speed, bonuses, and user experience. Here’s a snapshot of the top five highest paying online casinos in Canada, each with its unique strengths.

Canada's Highest Paying Online Casinos

1. Best Online Casino Overall, Highest Payout Rate: JackpotCity

2. Best for High RTP Slot Games: Spin Casino

3. Best for No Wagering Requirements: PlayOJO

4. Best for Casino Game Variety: Ruby Fortune

5. Best Mobile Casino App: Royal Vegas

These are the certified and authorized Canadian online casinos, known for their dependability and trustworthiness. They adhere to strict regulations and standards set by Canadian gaming authorities, ensuring a fair and secure gaming environment.

Highest Payout Casinos Canada: Comparison Table

Rank	Casino	Win Rate	Payout Speed	Best For
1.	Spin Casino	98.86%	1-2 days	Highest Payout Online Slot Games
2.	JackpotCity	98.25%	1-2 days	Wide Variety of High RTP Games
3.	PlayOJO	98.04%	1-2 days	No Wagering Requirements
4.	Ruby Fortune	97.49%	3 days	Game Variety and Quality
5.	Royal Vegas	96.14%	3 days	Mobile Casino App

Spin Casino: Best for High RTP Slot Games

Pros:

• Payout rate of 98.86%.

• Wide range of high RTP slot games, including popular and branded ones.

• Large game selection of over 550 games, predominantly slots.

• Fast payout speed of 24-48 hours.

• Regular promotions and loyalty program

• Sleek and modern design.

Cons:

• High wagering requirements for bonuses.

• Limited selection of live casino games.

Spin Casino is one of the best online casinos, notable for its extensive range of high RTP slot games. With a payout rate of 97.59%, Spin Casino offers players a great opportunity to maximize their winnings. The casino boasts a wide range of slot games, including Vikings Go Wild, Sweet Bonanza, Book of Dead, Mega Joker.

Spin Casino differentiates itself through its focus on high RTP slot games. Games like Mega Joker, with an RTP of 99%, offer players the opportunity to significantly increase their winnings. The casino’s wide selection of games and its commitment to high RTPs makes it a top choice for slot enthusiasts.

JackpotCity: Best Online Casino Overall, Highest Payout Rate

Pros:

• High payout rate of 98.25%

• Generous welcome bonus

• More than 500 of high payout casino games, including a large selection of slots.

• Extensive collection of table games.

• High withdrawal limits.

• Various banking options and support for multiple languages.

Cons:

• No live poker rooms and no sports betting options.

• The welcome bonus has a high wagering requirement.

JackpotCity is a high payout online casino that features a variety of games such as slots, blackjack, and roulette. With its sleek and modern design, JackpotCity provides a user-friendly interface for players to enjoy their favorite casino games.

The casino is licensed and regulated, ensuring a safe and fair gaming experience. JackpotCity also offers a generous welcome bonus for new players, as well as regular promotions and a loyalty program for existing players. Whether you’re a seasoned gambler or new to online casinos, JackpotCity has something for everyone.

A distinguishing feature of JackpotCity is its impressive payout rate, setting it apart from other Canadian casinos. With an average payout rate of 97.8%, JackpotCity is one of the best payout online casinos in Canada.

This means that for every dollar wagered, on average, players can expect a return of 97.8 cents. Overall, thanks to its high payout rate, coupled with a wide range of games and a user-friendly interface, JackpotCity is the best online casino in Canada.

PlayOJO: Best for No Wagering Requirements

Pros:

• High average payout percentage of 98.04%

• Wide variety of games

• No wagering requirements

Cons:

• Live chat support is only available post-registration, and there's no phone support.

PlayOJO is one of the best paying gambling sites offering the highest payout percentages. What is unique about PlayOJO is its no wagering requirements policy. This means that players can withdraw their winnings without any restrictions, making PlayOJO a popular choice among online casino players. With a high average payout percentage of 97.82%, PlayOJO is among the top payout casinos in Canada.

In addition to its no wagering requirements policy, PlayOJO offers a generous bonus system. New players are welcomed with 80 free spins upon joining, with no wagering requirements and a minimum deposit. Loyal customers can enjoy extra benefits through Club OJO, showcasing the casino’s dedication to player satisfaction.

Ruby Fortune: Best for Game Variety

Pros:

• High payout percentage of 97.49%

• Large game selection

• Competitive payout rate

• Seamless mobile gaming experience

Cons:

• Minimum $50 withdrawal requirement

• You have to sign up to browse games

Ruby Fortune differentiates itself from other online casinos with its diverse game selection. With a wide range of games, including blackjack, baccarat, roulette, craps, a superb array of slot games.

Ruby Fortune has something to offer for every player. The casino also boasts a high payout percentage of 95.27%, making it one of the highest payout casinos in Canada.

While the game variety is a major selling point for Ruby Fortune, the casino also offers a seamless mobile gaming experience. This allows players to enjoy their favorite games on the go, making Ruby Fortune a great option for players who prefer mobile gaming.

Royal Vegas: Best Mobile Casino App

Pros:

• High payout percentage of 96.14%

• Excellent mobile casino app

• Wide range of games

Cons:

• Minimum $50 withdrawal requirement

Royal Vegas, an online casino, is recognized for its excellent mobile casino app. The app is well-designed, easy to use, and offers a wide range of games, making it a great option for players who prefer to game on the go. With a high payout percentage of 96.14%, Royal Vegas is among the top payout online casinos in Canada.

In addition to its mobile casino app, Royal Vegas offers a wide range of games, including high RTP slots, blackjack, roulette, baccarat,  live dealer games.

The casino is easy to navigate and offers a personalized experience with features like the ability to create a menu of favorite games. Royal Vegas also offers a generous welcome bonus and a VIP program for loyal players.

Selecting the Best Payout Online Casino: Things to Look For

Several factors should be considered when choosing the top payout online casino. For example, the payout rate is an essential factor to consider.

The payout rate is determined by evaluating the payout rates of a casino’s games and reflects the overall payout rate for all the games played within a specific timeframe. Typically, the best online casino payouts surpass 96%, while anything above 95% is considered average and a rate exceeding 97% is deemed particularly favorable.

The variety of available payment options is another essential consideration. When assessing Canadian online casino payment options, it is crucial to consider the range of available payment methods, such as:

• Mastercard

• Visa

• Interac

• Cryptocurrency transactions

Additionally, players should examine limits, transaction fees, and most importantly, the withdrawal speed, as it directly impacts the timing of receiving winnings.

The casino bonuses offered by an online casino also play a crucial role in the selection process. Casinos often offer various bonuses, including welcome offers and loyalty programs. When evaluating bonuses, it is important to take into account the associated terms and conditions.

Lastly, the variety of games and their respective RTPs are significant factors to consider. Selecting games with high RTPs, particularly over 96%, and a varied game selection significantly enhances the likelihood of increased returns. Online casinos offering high RTP games and trustworthy software providers typically result in improved payouts for the players, making them the highest payout online casinos.

Best Payout Casino Games

Knowing which casino games offer the highest payouts is vital if you aim to maximize your potential returns. The highest payout casino games include:

• Video Poker, boasting an RTP of 99.50%

• Blackjack at 99.40%

• Baccarat at 98.90%

• Craps at 98.60%

• Roulette with rates ranging from 94.74% to 97.30%

Additionally, slots offer RTPs between 92% and 98.50%, with notable games like Ugga Bugga and Mega Joker slots standing out with a payout rate around 99%.

Online table games, a popular category of online casino games, are known for offering some of the best payouts in online casinos. Specifically, online blackjack and baccarat are renowned for their high payouts, and games such as Poker, Roulette, Craps, and Blackjack are known for their favorable return-to-player rates, particularly when playing live versions.

Among all casino games, Blackjack stands out with the highest winning probability of 49%. However, keep in mind that slots and progressive jackpots typically have a lower payout rate. Despite this, Blackjack is one of the best options at the highest payout casinos.

Conversely, video poker games such as:

• Deuces Wild

• Aces and Faces

• Double Bonus Poker

• Jacks or Better

Online casinos are known for their high payout percentages, some even featuring an RTP of 99.5%. These games can be found at the best payout casinos, which are also the top payout online casinos.

Frequently Asked Questions

What is a payout rate and why is it important?

The payout rate, commonly known as the Return to Player (RTP), is essential in evaluating a game's value to players. It reflects the proportion of the total amount wagered that is paid back to players over an extended period.

This metric serves as a key indicator of a game's fairness and profitability, offering players a clearer understanding of their chances for earning back their bets in the long run. A higher RTP usually suggests a better probability of winning over time, making it a critical factor for players when choosing games.

Which online casino has the best payout rate?

Spin Casino has the best payout rate of 98.86%, making it the highest paying online casino and a strong choice for online gaming in Canada. Consider checking it out for good payout potential.

What factors should I consider when selecting the best payout online casino?

Consider payout rates, payment methods, bonuses, casino game selection, and RTP when selecting the best payout online casino. These factors can help ensure a fulfilling and rewarding online casino experience.

Which casino games offer the best payouts?

The casino games with the best payouts are Video Poker, Blackjack, Baccarat, Craps, Roulette, and certain high RTP slots. These games offer competitive payout percentages, with some slots reaching up to 99% RTP.

What is the average payout rate?

The average payout rate varies depending on the online casino. However, reputable casinos typically have an average payout rate of around 95% or higher. It's important to note that this percentage represents the amount of money returned to players over time and does not guarantee individual wins.

Are the payout rates audited by an independent body?

Yes, it's common for reputable online casinos to have their payout rates audited by independent bodies such as eCOGRA (eCommerce Online Gaming Regulation and Assurance) or TST (Technical Systems Testing). These audits ensure fairness and transparency in game outcomes and provide a level of trust for players.

What are the withdrawal times and limits?

Withdrawal times and limits can vary among different online casinos. Generally, it takes anywhere from 24 hours to several business days for withdrawals to process. Some casinos may have daily, weekly, or monthly withdrawal limits in place. It's essential to review the specific terms and conditions provided by each casino to understand their withdrawal policies.

What payment methods are available?

Most online casinos offer a variety of payment methods to cater to different player preferences. Common options include credit/debit cards, bank transfers, e-wallets like PayPal or Skrill, prepaid cards, and cryptocurrency wallets. The availability of specific payment methods may vary depending on your location.

Are there any fees for withdrawals?

Fees for withdrawals can vary among different online casinos. While some casinos provide free withdrawals, others may charge a percentage-based fee or a fixed fee per transaction. It's crucial to review the terms and conditions of each casino regarding their withdrawal fees before making any transactions.

What is the variety and RTP of games offered?

The variety of games offered by online casinos can be extensive, ranging from popular slots and table games like blackjack and roulette to live dealer games and specialty games like bingo or keno. As for RTP (Return-to-Player), this percentage represents the average amount of money returned to players over time. It varies among different games, but reputable Canadian casinos typically offer games with RTPs above 95%.

Are there progressive jackpots available?

Yes, many online casinos offer progressive jackpots. These jackpots increase over time as players contribute a small portion of their bets towards the jackpot pool. Progressive jackpots can reach substantial amounts and provide exciting opportunities for big wins.

What kind of bonuses and wagering requirements are there?

Online casinos often provide various types of bonuses to attract and reward players. Common bonuses include welcome bonuses, deposit bonuses, free spins, and loyalty rewards. However, it's important to note that bonuses usually come with wagering requirements — the number of times you need to play through the bonus amount before being eligible for withdrawal. Wagering requirements can vary greatly between casinos and specific bonus offers.

Are these online casinos licensed and regulated?

Yes, JackpotCity, Spin Casino, PlayOJO, Royal Vegas and Ruby Fortune are all licensed and regulated, which means that they’re safe and reliable. It is crucial to ensure that the online casino you choose is licensed and regulated.

 

Reputable online casinos obtain licenses from respected regulatory authorities such as the Malta Gaming Authority (MGA), the United Kingdom Gambling Commission (UKGC), or the Kahnawake Gaming Commission in Canada, among others. Licensing ensures that casinos operate within legal frameworks, adhere to industry standards, and protect player rights.

What is the most important factor to consider when choosing the highest payout online casino?

The reputation of an online casino among players is an essential factor when choosing a trusted platform to play on. Conducting thorough research by reading player reviews and forums can help gauge a casino's reputation regarding aspects like game fairness, customer service responsiveness, timely payouts, and overall user experience.

Does the casino offer customer support?

Quality customer support is essential for any online casino. The availability of different support channels like live chat, email, or phone indicates a reliable customer service department. It's advisable to check if customer support is available 24/7 or during specific hours, as well as the responsiveness and helpfulness reported by other players.

Which online casino has the easiest payout?

PlayOJO casino and Jackpot City casino are known for having the easiest payouts, with fast withdrawal times ranging from instant to 48 hours. Spin Casino, Ruby Fortune and Royal Vegas also offer relatively quick withdrawal times, making them good options for easy payouts.

Summary

To sum up, selecting the best payout online casino involves considering several factors, including payout rates, payment methods, bonuses, game selection, and RTP. By keeping these factors in mind, you can maximize your potential returns and enjoy a rewarding gaming experience.

Remember, the world of online casinos is vast and diverse, with each platform offering unique features and advantages. Whether it’s the high payout rate of JackpotCity, the high RTP slot games of Spin Casino, the no wagering requirements policy of PlayOJO, the game variety of Ruby Fortune, or the mobile casino app of Royal Vegas, there’s an online casino out there that’s perfect for every player. Happy gaming!