Best Payout Casinos in Canada

Best Paying Online Casinos in Canada

Curious about which online casinos have the highest payouts? You’ve come to the right place!

To help you discover the best odds, our experienced team has compared numerous casinos.

RTP (return to player) payout percentages are not always easy to understand. Therefore, we’ve covered the topic in-depth.

Continue reading to learn more about what payout percentage means and why it’s important. This will help you determine the perfect Canadian online casino for you. Best of all, our list of top-paying online casinos below will help you win more, more often.

What is a “Best Payout Casino”?

Online casinos have many advantages over land-based casinos, including:

• Not limited by floor space
• Ability to offer more games and variations
• Not required to adhere to local regulations

These differences result in increased flexibility for online casinos. Therefore, they can offer higher payouts than land-based casinos.

However, not all online casinos are created equal. Some offer better odds than others. A “best payout casino” is an online casino that offers the best odds of winning. That is, it’s a casino with the highest payout percentage.

Payout Percentage

You might be wondering - what does payout percentage mean?

A payout percentage is a hypothetical average. This average is based on the total amount of money bet by all players. Therefore, if an RTP is 90%, you won’t necessarily win $900 when you gamble $1,000. Rather, for every $1,000 that is spent by all players over a specific period, $900 (in total) is paid out.

When considering payout percentages, it’s important to keep in mind that the amount paid out is not distributed equally. Some players will win big, some will win only small amounts, and some will lose. Regardless, the higher the payout percentage, the better chance you have of winning.

When it comes to slots, the slots with the highest RTP may not payout the most frequently. Instead, larger payouts will happen at random. This is due to random number generators.

Table games are different from slots. This is because table games can be based on skill as well as probability. An important factor to consider with table games is the house edge. A table game with a low house edge will subsequently have a higher RTP.

House Edge 

What is the house edge?

The house edge is the advantage that the casino has at any game. The house edge is a way for the casino to ensure revenue.  

The most important thing to know is that a lower house edge means a higher payout percentage.

Determining the Best Paying Casinos 

One of the most important signs of a high payout casino is a high RTP payout percentage. To determine the payout percentage of any online casino, read their auditing report. This report can be found on the casino’s website.

Auditing reports are completed by testing agencies. These agencies determine the fairness of online casino games.  

In addition to RTP, there are several other factors to consider when choosing the best paying casinos.

Features to look for include:

• Fast payment methods for Canadians 
• A safe and secure website that protects players’ personal and financial information 
• Customer support that is easy to reach and focused on solving issues quickly 

It’s also important to check that an online casino is certified by an auditing entity. This ensures that the casino is monitored monthly and that all games are fair.

Let’s take a look at some of the most common and respected testing agencies in the industry. 

eCOGRA 

eCOGRA, or eCommerce and Online Gaming Regulation and Assurance, was founded in 2003. It is based in the UK. 

eCOGRA helps to protect players’ rights by reviewing online casino games. Certification by eCOGRA guarantees an online casinos’ integrity.  

GLI

GLI is also known as Gaming Laboratories International. This company was established in 1989 and is based out of New Jersey, USA. 

GLI works with companies from all over the world. They are active in 480 different jurisdictions. Their focus is on testing, certification and other services within the gaming industry. They ensure ethical gaming. 

iTech Labs

iTech Labs was established in 2004. iTech Labs’ head office is located in Melbourne, Australia. The company also has offices in: 

• United Kingdom 
• Italy 
• Spain 
• Portugal 

This organization is another testing authority. They ensure that online casinos are safe and fair for players.

Best Paying Casino Games

Knowing which casinos offer the best payouts is helpful when deciding where to play. Considering which games provide the best RTP will help with what to play. Together, this knowledge can help you win big online!

Let’s take a look at the most popular online casino games and which have the highest payout and lowest house edge. 

Best Paying Blackjack Games

Blackjack is known to be one of the highest payout casino games. Blackjack has a low house edge. Plus, when you play online, only two decks are commonly used.

This is an important factor to consider because each deck decreases the payout percentage and increases the house edge. Land-based casinos, for instance, use up to eight decks. Therefore, the average RTP is often lower in a land-based casino.

The average payout percentage for Blackjack is 99.50%.

Best Paying Roulette Games

Not all types of roulette have the same odds.

For example, American roulette has an extra 00 on the wheel. When compared to European roulette (which only has one 0 on the wheel) there is a significant difference in RTP.  

Keep in mind - it’s always better to choose European roulette when playing online. This type of roulette will always have better odds. 

The average payout percentages for roulette are:

• European - 97.3% 
• American - 94.7% 

Best Payout Baccarat Games

When playing Baccarat, it’s important to know the difference between betting on the bank and betting on the player.

Betting on the bank will have higher odds than betting on the player.  

As a result, it seems like betting on the bank is the obvious choice. Unfortunately, because of this, an additional tax is usually added when you bet on the bank.

Be sure to weigh your options and to keep this in mind when playing Baccarat.  

The average payout percentage for Baccarat is 98.96%. 

Highest Paying Poker Games

The average payout percentage for poker depends on which type of poker game you’re playing. Most poker games offer high payouts. However, because poker is based on skill, the return to player will vary.

Some of the most popular online casino poker games and their RTP percentages include: 

• Texas Hold’em - 98.60% 
• Stud Poker - 96.30% 
• 5 Card Stud - 98.19% 
• 3 Card Stud - 97.15% 
• Pai Gow Poker - 96.78% 
• Oasis Poker - 96.29% 

Highest Paying Video Poker Games

When playing online video poker, there are many different variations. To ensure you have the best chance of winning big, consider which variations offer the best payouts.

According to our online casino experts, Aces and Faces, Double Bonus Poker, and Deuces Wild have the highest payout percentages.  

The average RTP percentage for each game is as follows:

• Aces and Faces - 99.26% 
• Double Bonus Poker - 98.98%  
• Deuces Wild - 96.77%

Best Payout Online Slots

In general, online slots have the highest payout percentage among all online casino games.  

The average payout percentage for slots is 95.72%.

However, there is a huge selection of online slots to choose from. Every slot has a different average payout. To increase your chances of winning, choose online slots that have the highest payout percentages.  

To help you find the most profitable slots, we’ve determined those that offer the best payouts. 

Here are the top-paying slots available on Canadian online casinos: 

1. Mega Joker - 99.00% 
2. Jackpot 6000 - 98.80% 
3. Classic 243 - 97.00% 
4. Frozen Diamonds - 97.00% 
5. Summer Holiday - 97.14% 
6. Couch Potato - 97.43% 
7. Big Top - 96.94% 
8. Thunderstruck II - 96.65% 
9. 777 Deluxe - 96.18% 
10. Aztec’s Treasure - 95.00%