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Best Payout Online Casino Canada

Are you looking for the highest online casino payout in Canada? Check out our top list of crypto sites with the best online casino payouts.

We’ll explain the concept of casino payouts, RTP, best-paying games, and reviewers of these casinos. In addition, we’ll guide you on how to find the highest paying online casinos in Canada that accept bitcoin and other cryptocurrencies.

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How to Find the Highest Payout Online Casino?

You must play at the best online payout casinos in Canada to boost your winning chances. With so many options online, it's laborious finding the best online casino with high payouts. Follow these steps to find the highest paying online casinos.

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Check Our List

Our iGaming experts have put in the hard work to help ease the process of tracking down the highest payout online casinos. On this page, you’ll find our highest payout online casino sites recommendations. Reports from our rigorous tests indicate they’re licensed, offer extensive game selection, excellent bonuses, etc. Thus, you can completely trust these sites.

Register a New Account

Sign Up

After choosing a high payout casino from our list, the next step is creating an account. The registration process at these recommended casino sites is straightforward and will only take a minute or less. To register, enter your password, name, phone number, email, etc. Kindly remember to verify your email address.

Make a Crypto Deposit

Deposit

Of course, you’ll need to fund your player account before commencing gambling. Therefore, choose a deposit method that suits you and make your first deposit. The most popular payment methods in the online casinos include Skrill, Neteller, Neosurf, Interac, and cryptos like Bitcoin and Ethereum.

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Don't Forget the Bonus

Before placing any bets, remember to check the bonus section of the selected casino site. The popular rewards you can earn include welcome bonuses, reload bonuses and free spins. These rewards boost your bankroll and help you play longer, thus increasing your winning odds.

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Play Real Money Casino Games

The highest payout casinos in Canada offer a multitude of casino games. You can choose between slot games, live dealer games, video poker games, online blackjack, etc. As we mentioned, always choose the ones with the highest RTP to get better payouts. After depositing and claiming bonuses, launch your preferred game, and start playing.

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Collect Winnings

Playing at an online casino with high payout percentages means that you will have to cash out your winnings at one point. Choose the best payment method while considering factors like speed and fees. Finally, submit KYC verification documents if the casino operator requests. This procedure is performed to ensure the safety of your funds.

Casino Payouts Explained

To understand what high payout casinos are better, you need to learn what casino payouts are. So, a casino payout represents a percentage rate the casino pays out to players. Usually, it’s determined by looking at the average RTP of the casino games these high payout online casinos offer.

The best Canadian online casinos typically have payout percentages ranging from 95% to 98%. Therefore, in essence, these casinos payout more often compared to other online casinos. The bigger the payout rate, the better your odds of winning at that casino.

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What is RTP?

Earlier, we mentioned that casino payouts work in conjunction with RTP. But what is RTP? Simply put, it’s the Return to Player (RTP) percentage. Thus, it’s the amount you expect to win while playing a particular casino game in the long run.

Let’s simplify it with an example. Assuming you play a slot game with an RTP of 97% and wager $100 on it. Theoretically, you ought to receive $97 after an extended gambling period. If you’ve noted, we’re using the terms theoretically and long-run to define RTP because, in the short run, you could win more or lose more. If you are on the hunt for the best payout online casino in Canada, definitely look for a high average RTP.

What is RNG?

RNG is the short form of a Random Number Generator. It’s an in-built software algorithm in casino games that ensures that every game result is fair and manipulation-free.

As its name suggests, it produces random game outcomes, thus ensuring no game result is predetermined. The highest payout casinos in Canada use this algorithm to provide players with a credible and fair gambling experience.

Average RTP at Online Casinos

We already briefly mentioned that the average RTP of online casino games is 96 %. Most players think this is valid for slots only. However, it is generally true for most gambling games with several exceptions.

For instance, instant win games like scratch cards have a slightly lower average RTP of around 94 % – 95 %. In contrast, most live dealer games have higher RTPs, some of which go way beyond 97 %. For example, the average RTP for online blackjack is 99.5 %. Slot games have an average RTP of 95%.

That said, we ask you to always keep in mind that RTP is a theoretical variable calculated over millions of game round simulations. This means you need to play a certain casino product over extended periods of time to achieve its RTP.

Best Payout Casino Games

The best payout casinos in Canada have an extensive range of casino games you can play. These games include live dealer games, slots, progressive jackpots, table games, and poker. However, all these games have different RTPs (Return to player).

Therefore, you need to know your game’s RTP before launching it. As we said, games with higher RTPs have the best payouts, and you can win more often. So, you should look for games with higher RTPs, such as Video Poker, Blackjack, Baccarat, and some slot games.

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High Paying Online Slots

Without a doubt, online slot games are a fan favourite among Canuck gamblers. They are among the highest payout casino games. A best payout online casino typically offers a massive collection of slot games from multiple prominent studios like NetEnt or Microgaming. However, not all slots you’ll play will have a high payout percentage.

As mentioned before, RTP comes into play here. Therefore, the best-paying slot games typically have higher RTPs. In that regard, we recommend playing slots with RTPs ranging from 95% to 99%. Some of the best-paying online slots include Mega Joker, Uncharted Seas, Book of Dead, etc. You can check a game’s RTP by visiting its settings if the casino hasn’t displayed it on the game title.

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Best Paying Live Casino Games

Live casino games are among the best paying online casino products. Of them, blackjack is supreme when it comes to payouts. For instance, leading gambling software providers Evolution, Playtech, and NetEnt offer blackjack variations with RTPs as high as 99.5%.

Texas Hold’em Bonus poker is also among the top-paying online casino games with an RTP of 99.47%. Live craps variations rate third. Evolution’s version leads the way with a 99.19% RTP. French Roulette, Baccarat, and the regular Casino Hold’em games also pay high with RTPs between 98% – 99%.

Bonuses at High Payout Casinos in Canada

The best payout online casinos in Canada not only offer you frequent and significant payouts but also bonuses. These bonuses range from no deposit bonuses and free spins to welcome bonuses. Notably, you can win from these rewards, which only justify the casino’s payout rates. These are examples of bonuses you’ll enjoy:

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Welcome Bonuses

The highest online payout casinos in Canada always offer new players fantastic rewards for signing up. These rewards come in the form of free spins or match bonuses. Depending on the casino, you’ll receive these offers for completing your first, second, third and fourth deposits.

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Free Spins

Bonus spins or free spins are casino staple bonuses. Every high payout online casino in Canada offers players free spins. You can claim these spins in multiple ways. For example, you can receive them by creating an account at our recommended highest payout Canadian casinos.

Also, you can get these spins as an additional reward for depositing at a casino. Alternatively, you can get these free spins as a reward from casino slot tournaments. However, if you receive these bonus spins, you must stick to the various playthrough conditions, like wagering on specific games.

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No Deposit Bonuses

These freebies come in the form of free spins or cash gifts. The exciting part is that you only need to register to claim these no deposit bonuses. So, with these freebies, you can test the casino games and still have a shot at receiving the massive payouts these casinos offer.

How We Rate the Best Payout Online Casinos?

Here is what we consider when choosing Canadian online casinos with high payout percentage:

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Casino Games

A good online casino site has an extensive range of games. Players can enjoy slot games, progressive jackpot slots, live games, megaways, crash games, and table games.

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Safety

When you’re looking for the highest payout online casino it’s important to check its license. Always choose trusted online casinos to guarantee your security while gambling online.

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Casino Bonuses

Most online casinos offer lucrative bonuses to the players. Free spins, welcome packages, reload offers, tournaments, loyalty programs are some of the promotions that you can find at the best online casinos.

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Available Coins

Crypto online gambling sites offer a variety of cryptocurrencies that you can gamble with. Except the most popular coins like BTC, LTC and ETH, at the best payout online casinos, you can play with many other cryptos.

Who Reviews Highest Payout Casinos?

Of course, the highest payout Canadian casinos have valid operating licenses from authorities like the MGA, Kahnawake Gambling Commission, etc. These casinos offer the best payouts due to the efficiency of their services, including RNG games.

Independent testing companies also audit and monitor games available at these casinos to ensure you get fair payouts. Some of the reputable third-party testing companies include:

  • iTech Labs
  • eCOGRA
  • TST
  • SQS
  • Gaming Laboratories International (GLI)

So, these companies test the functionality and fairness of the RNG algorithm rigorously. That way, you can trust that you’re getting honest payouts at the highest paying online casinos.

Provably Fair Technology

Provably Fair technology is more common in cryptocurrency casinos. And most crypto casinos fall under the highest payout casinos category. Therefore, with this nifty technology, you can enjoy a more transparent form of gambling.

Think of it like the reviewing companies we mentioned above, but the players are doing the auditing in this case. So, Provably Fair is an algorithm based on blockchain technology that allows players to verify each game outcome.
The algorithm combines three factors, the server seed, client seed, and nonce. The server seed entails all the game outcomes before you play, ensuring the casino doesn’t manipulate it. On the other hand, the server seed has the type of wager you’ve made. So, these two interact to determine the game’s result.

The technology allows you to confirm that each game result is honest. However, to do that, you must play a casino’s provably fair games since not all games have this stylish invention. If you want to verify a game’s result, simply head to the history page and copy the hash information. Finally, run it through any hash generator. If you get matching codes, the outcome is honest. An in-depth overview of how provably fair technology works can be found here.

Best Payment Methods at Best Payout Casinos in Canada

The best payout online casinos in Canada usually offer multiple payment methods. Generally, these banking solutions are fast, reliable, and secure. Some of the best payment methods include cryptocurrency and crypto wallets. Cryptocurrencies are highly secure, entirely private, and allow immediate low-cost transactions.

At the other end of the payment method spectrum stand traditional banking solutions like credit and debit cards and wire transfers. Their greatest benefit is top security. The reason is that card and wire transactions have to pass through multiple verification procedures to clear. This makes them a bit slower than other payment methods, but it is worth it for the sake of safety.

Another great choice for online casino payments is the wide range of popular eWallets. Some of them include Trustly, MuchBetter, Skrill, EcoPayz, Neteller, and more. They are safe, flexible, and offer fast withdrawals. The transaction fees are pretty reasonable, too.

Tips to Maximize Your Winnings

Online casino games are mostly fortune-based. This means that you can play for fun without a 100% guarantee that you will win. However, you can still apply different tips and tricks to boost your luck and maintain a good bankroll. You will find below our top five recommendations for smart gameplay.

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Choose Games with a Low House Edge

If you are a new player, you may not be familiar with this term. House edge is the advantage the casino has over the player. Every online casino game has a house edge because this is how the casino profits in order to exist.

Play Games with High RTP

RTP means Return to Player percentage. It indicates how much the online casino game is likely to pay you back in time. The average RTP is 96%, so we advise you to choose games whose RTP is close to or higher than that.

Apply Different Strategies

Apply different strategies based on your bankroll. The Internet is full of expert strategies designed to help you increase your winning chances. Some of them include the Martingale, the Reverse Martingale, the Fibonacci, and more. However, certain strategies are only suitable for players with bigger bankrolls, so be mindful of that.

manage your budget

Create a Budget

Talking about bankroll, our next tip is to create a strict budget and stick to it adamantly. Online casino games are very entertaining. The gameplay raises your adrenaline level, and you might find yourself easily immersed in the thrill. However, you should strive to stay level-headed and avoid overspending.

What is the House Edge of the Best Payout Online Casinos Canada?

Canadian players are fortunate to have access to many high-paying online casinos. The country’s Internet gambling industry is well-developed, so operators are trying to attract and keep players by offering low house edges.

Talking in percentages, you can play at Canada online casinos the following games with the following house edge rates:

  • Blackjack – as low as 0.13% – 0.70%
  • Baccarat – often go down to 1.04% – 2.08% at local casinos
  • Video poker and craps – from 0.44% and 0.46% respectively
  • Slots – begin from 1.00%
  • Roulette – as low as 1.35%

The Difference between Best Payout and Fast Payout Casinos?

It is very important to understand that there is a difference between fast payout casinos and best payout casinos. Having fast payouts means that the operator offers a variety of payment methods with speedy withdrawal times. However, transaction speed is not correlated to payout amounts. The fact that an online casino provides fast withdrawals does not necessarily mean that its payouts are high, and vice versa.

The best payout casinos have low house edges on their games. This helps players win bigger amounts. A great payout casino may or may not have fast withdrawals. Of course, the best combination is a casino with both high and fast payouts.

In Conclusion

Choose one of Canada’s highest payout online casinos from our list and boost your winning odds. After all, it’s your money and playing at the best payout casinos can help you hit frequent wins. With our handy guide, we’re confident you’ll effortlessly play at our recommended sites while choosing higher RTP games and claiming lucrative bonuses. By doing so, you can increase your payouts and win frequency.

Best High Payout Casinos for Canadian Players

Top 4 casinos selected by our experts

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FAQ

Payout percentages are often referred to as RTP. Casinos use them to measure how much you can win on average when playing a certain game. For example, if a game’s RTP is 97%, you might expect to win back $97 for every $100 wagered.

There is no universal answer to this question. The payout rate depends mostly on the type of game you are playing. For instance, blackjack variations with an RTP of 99.5% have a good payout rate. Online slots with RTPs of 98% and above also fall within this category. The same is true for poker games with house edges around 0.45%.

Undoubtedly, blackjack tops the list of high-payout games. Many variations of the game have an RTP as high as 99.5%. This is pretty much a record RTP in the online casino gambling industry. Casino Hold’em Bonus poker also has a high payout rate of 99.47%. French roulette, many baccarat variations, and Live Craps have high payouts, too.

Again, there is no single way to answer this question. The reason is that the house edge depends on the kind of game you are playing. For example, an online casino may have the best house edge for live blackjack, but its house edge for slots may not be as good. That is why we suggest you choose the best payout casino based on the kinds of games you intend to play.

Our research has found that the best payout casinos in Canada are generally very safe. The reason is that only legit and reliable operators can afford to give you high payouts. Scam casinos rather try to cheat you out of your money instead of paying you your winnings. Canada’s top payout gambling sites are licensed, regulated, and use different technologies to protect your sensitive information.