Natasha Alessandrello is a Senior Editor in the Casinos.com content team. She began her career as a Features Writer for several weekly and monthly magazines, and has a decade’s worth of experience in writing, researching and editing casino content. She is interested in all equine sports, and enjoys blackjack and the occasional game of poker.
Lee James Gwilliam has over 10 years as a poker player and 5 in the casino industry. He has been all around the industry, working for a casino, writing more than 3,000 articles for various independent review sites and is an active player of slots, live dealer and poker.
What makes a site the best payout online casino? Well, there are more aspects to this than you might think. Some sites of course pay out more per transaction, or faster than others. But there is a lot you can do yourself to get the best payouts at an online casino.
I list the best online casinos that payout farther down, along with tips on how to make the most of your player experience! Afterall, it’s better to know what to expect before potentially getting disappointed at the cashier when you want to withdraw your winnings, right?
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Casino Games
3500+
Slots
2950+
Live Games
150+
Multiple Deposit Bonus
Payment providers
Value per Free Spin
$0.10
Wager Requirement
20x
Maximum Bonus
$1,500.00
19+, New Customers Only, Play Responsibly, T&Cs apply. This offer is not available for players residing in Ontario.
If you want to head straight to an online casino with best payout. When it comes to transactions, payout rate and T&Cs, here are my top 3. Otherwise, continue down for more info about each.
19+, New Customers Only, Play Responsibly, T&Cs apply. This offer is not available for players residing in Ontario.
More About Our Top Payout Casinos in Canada
21 Casino
At 21Casino, your withdrawal request will be pending for up to 48 hours. It’s a standard time frame and in this case, it means a total payout time of 3 working days.
The weekly withdrawal limit is $5,000 unless you are part of the VIP club where your limits are higher.
21Casino take safety and security very seriously, and because they offer a variety of payment methods, 3 working days is efficient considering they have to check all payouts manually. They’re not as informative as BetVictor until you’ve made a deposit, so I’ll tell you that you need to pick a payment method that is supported for withdrawals from the get-go. Neosurf and Neteller are the smoothest options in my opinion.
888 Casino
If you’ve struggled to find a site that accepts your preferred payment method, 888 Casino is the place for you. Interac, ecoPays, MuchBetter, Neosurf, Pay4fun and Skrill are all to your service.
You’re allowed withdrawals of up to $30,000 per month, making it the best payout online casino when it comes to high limits. They also let you upload required documents for security checks in advance, with a detailed list of which exact details they’re after.
There is also a lot of payment info on the site, and to save you from the long and boring read – I can tell you to avoid using Mastercard or Visa here, as you won’t be able to withdraw with them.
888 Casino pays out most winnings within 4 – 5 days, except for wire transfer that can take up to 10 days. If you’re a VIP player though, the processing time is shorter and you’ll have your winnings within 2 – 3 days with most payment methods.
BetVictor
BetVictor is clear about what to expect, which is almost as rare as wonderful. They’re also quick at processing payments! BetVictor needs 24 hours to approve it, after that it’s up to the payment provider and your bank.
Visa or Mastercard aren’t eligible for withdrawals, but fine to deposit with. But - cashing out to other cards can be the fastest way, if your bank supports FastFunds, which has the job done in 40 minutes. Other card payments take between 2 – 5 working days.
If you use Paypal, Skrill or Neteller, you can expect your winnings to reach your account within 24 hours. Otherwise, the payout time to e-wallets take 1-3 days. They are free of charge and available depending on your location.
If you need your winnings paid out via bank transfer, it’s doable but can take up to 10 working days. Potential fees with this option are down to your bank.
What Influences Casino Payouts?
There are a few things you can do to ensure you get the best online casino payouts in Canada. These are my best tips, no matter which site you play at:
Your payment method - The best payouts online casino might also offer fewer payment methods than other sites. This makes it easier for the casino to keep track of and manage payments, which speeds things up. If there are a lot of different options, check if your chosen method is eligible for withdrawals as well as deposits. Also look at the max withdrawal for each method.
The max amount allowed - All casinos have a limit to how much you can withdraw per transaction, week or month. If you play with a welcome bonus, the amount could even be capped. If you request a cashout that exceeds the limit, it might stay pending for the standard 24/48 hours before it’s denied. You’ll then have to redo it, and the process is delayed. (The reason it isn’t always denied right away is because some VIP players have higher limits.)
Your potential VIP status – if you’re playing at a VIP casino, chances are you’re allowed higher limits and faster processing times. Otherwise, 48 hours is standard and the limits vary a lot depending on payment method and casino.
The games you play - Even the best payout casino in Canada will have games that pay out less than others. As all casino games have a certain RTP (Return to player) that shows how much it pays out over time, aim for the higher numbers. Anything above 96% is considered high for slots.
Verification - If you haven’t verified your identity and account, your withdrawal won’t be approved. Some sites let you upload them right away, others send you an email requesting a copy of ID. Scroll through your inbox or contact support if you don’t spot this info shortly after your withdrawal request!
RTP – Return To Player Explained
This is a number tied to every legit game you’ll find online and it represents the number given back to players over time, so it can’t be counted for single sessions.
If a game has a RTP percentage of 95%, then 95% of all money wagered by players on the game will be paid out. For every $50 wagered, $47.50 will be paid out, with the rest being profit for the house (or house edge).
It is important to remember that the RTP is based on a game’s entire lifespan. Short periods of spinning the reels will have quite varied outcomes – thanks to Random Number Generators. So it’s never a guarantee that a high RTP game will give you more than other games.
So, the casino’s payout rate is the average of the payout rates of all the games it offers. It will therefore vary depending on the game library. Factors like the number of high RTP games it offers, the range of table games, and the number of jackpots won at a casino can all come into play. And change over time.
As table games like Blackjack tend to have higher RTP than slots, a quick way to make an educated guess of a casinos RTP is to scan through the game categories. If it’s a slots-only site, you can expect the RTP being slightly lower than at a site where you find a lot of table games.
Highest Payout Casino Games
Table games like Blackjack and Baccarat are the best payout casino games overall, with a payout of around 98 – 99%. This can vary depending on game type, as there are a lot of versions of both games. Video poker can also have an RTP of close to 100% and slots vary the most. As this category is the biggest of all, the payout varies between 94 – 99%. The average number for slots is 96%, but I’ve listed the highest paying ones right here!
If the payout percentage of a casino can be determined by calculating the average payout of all its games, then real money slots cannot be ignored. As any seasoned casino player will know, slots form the majority of game lobbies online. So, when it comes to finding a high payout casino, the selection of slots available will play an integral part. If a casino doesn’t have a solid selection of high paying games, it will affect the total payout percentage of the casino itself.
Lowest House Edge
You might have heard that “the house always wins”, but how true is that online?
The “house edge” for a game is what you get when you deduct the RTP for that specific game from the overall 100%. The RTP for each game is set when the game is created by the developers, and of course all trustworthy game studios make use of Random Number Generator (RNG) technology, to ensure that every outcome is completely random. This means that your choices as a player - be it your stake, the timings of your spins or any other factors - don't really play in to whether your game round will result in a win or not. Here are the games with the lowest house edge at online casinos in Canada:
Depending on what kind of slots you play, you're playing with high, low or medium volatility. This means that wins come relatively often, seldom or somewhere in between. And wins tend to be smaller the more frequent they are and vice versa.
The payout is a combination of the volatility, the RTP and your stake. (As well as chance and luck, of course)
High volatility - Means the game doesn't pay out too often, but they do pay out bigger wins.
Medium volatility - Means a good balance between big wins and regular payouts.
Low volatility - Means more frequent wins but they are likely to be smaller.
How Can I Find the Best Payout Online Casinos?
I have a couple of tips for you when it comes to finding the best online casinos that payout. Except for trying out the sites I've listed higher up, these are things you should check out before you start playing to maximize your chances.
Look at the game lobby - The online casino with best payout percentage is likely one that offers a lot of big win-games. You’d want to see a lot of progressive jackpot games where wins of several millions are won regularly. The jackpot might drop at another casino, but the more progressive games a site offers, the higher the odds that it’s one of the best payout casinos in Canada.
Double check the RTP – It can be worth double checking the RTP (Return to player) for each game before you start betting at any given site. This percentage can differ slightly at different sites. Click on the little “i” once you’ve opened the game and scroll down to where RTP is mentioned.
Independent Testing
All of the online casino sites which you’ll see here at Casinos.com are totally safe and fair, so you can rest assured that all of their games have gone through independent testing. This means that when the game studio is developing a slot, it gets audited and tested by a third party, to ensure that the game and its payout rates are fair, and that the RNG technology works correctly. You can look out for certifications from bodies like iTechLabs, which verify that the games at an online casino have gone through this independent testing process.
Natasha Alessandrello is a Senior Editor in the Casinos.com content team. She began her career as a Features Writer for several weekly and monthly magazines, and has a decade’s worth of experience in writing, researching and editing casino content. She is interested in all equine sports, and enjoys blackjack and the occasional game of poker.
The game’s RTP is the money wagered on the game which should return to players in the long run and is expressed as a percentage. For example, if a slot has an RTP of 96%, then $96 should return to players over time for every $100 wagered, theoretically. In other words, it won’t be the result for each game session.
What is RNG?
RNG or Random Number Generator is the kind of technology that slot game studios use to ensure that the outcome of every spin is totally random, and that each one has the same chance of a win. This means that there's no real strategy when you play slot games.
What is a good payout rate for online casinos?
Online casinos typically have a better payout rate than land-based casinos, thanks to the higher RTP of online slot games. As slots form the bulk of most online casino libraries, this affects the payout rates. A good payout rate for online casinos is anything from 96% upwards.
What casino game has the best payout odds?
While certain versions of roulette, and certain bets in baccarat have good odds, the best casino game in terms of the lowest house edge is blackjack. If you practice basic blackjack strategy, and have a good grasp of the game, then you can reduce the house edge from the standard 2% to 0.42%.
Which slot game has the best payout in Canada?
All different slot games have different payout amounts, and this is determined by the RTP which the game provider sets when the game is built. The options vary between the casinos, but some high RTP games include Ugga Bugga, Mega Joker, and Ooh Aah Dracula, with a 99% payout rate.
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