6 Best Payout Online Casinos - Highest Paying Casinos December 2023
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Finding the right online gaming site can be challenging. There are hundreds of options out there, and it can be tough for the untrained eye to spot the key differences between sites. Fortunately, there are many tools available to you to help with that problem, including this review. Here we will do everything we can to help you understand what it means for a site to be a high payout online casino. We will look at the titles that are available, the RTPs, and the bonuses you can claim. Here are six of the highest payout online casinos on the market.
Our Highest Payout Online Casinos Ranked
Top 6 Best Payout Casinos Compared
Check Out: Best casino apps.
A Closer Look at the Top Payout Casinos:
1. Winawin Casino
- Payout Rate: 96%
- Payout Speed: 1-3 business days
- No. of Slot Games: 3,000+
- 5 Highest Paying Slots: Sweet Bonanza, Starburst, Gonzo’s Quest, Book of Pyramids, and Glowing Fruits
- New Player Bonus: Up to $6825 in 4 Bonuses + 1800 Free Spins
- Types of Payment Methods Available: Credit Cards, E-wallets, and Bank Transfers
- Review: Winawin Casino
Winawin Casino allows new players to have a good experience at a well put together casino. There is a large portfolio of games that you can start playing with the welcome bonus. This offer provides up to $6825 across four bonuses, as well as up to 1800 free spins. When you are ready to make a deposit, you can use one of the many banking methods that are available, including Visa, Mastercard, and Interac
Pros & Cons
2. Mr Pacho Casino
- Payout Rate: 92%
- Payout Speed: 0-3 business days
- No. of Slot Games: 4000+
- 5 Highest Paying Slots: Big Bass Splash, Big Bass Bonanza, Lucky Dwarfs, Starburst, and Sugar Spins
- New Player Bonus: 100% match Up to $750 and 200 Free Spins
- Types of Payment Methods Available: Credit cards, e-wallets, and crypto
- Review: Mr Pacho Casino
Mr Pacho is one of the best new sites on the market for players. You can get started by claiming the welcome bonus of up to $750 and 200 free spins. This offer will help you get started. There are over 4000 games for you to enjoy, but you should not have trouble finding great options when games like Big Bass Splash and Big Bass Bonanza are available. You can use your credit card, e-wallets, or even crypto to make deposits.
Pros & Cons
3. 50crowns Casino
- Payout Rate: 96%
- Payout Speed: 0-3 business days
- No. of Slot Games: 3200+
- 5 Highest Paying Slots: Guns N’Roses, Book of Dead, Return to Paris, Grand Tiger, and Dwarf’s Fortune Hold the Jackpot
- New Player Bonus: 100% Match Up to $700 and 100 Free Spins
- Types of Payment Methods Available: Credit Cards, E-Wallets, and crypto
- Review: 50crowns Casino
50crowns Casino is another excellent option for new players in search of a new online gaming site. The site has an average RTP of 96%, and several features than enhance the user experience. You can get your journey started by claiming the welcome bonus of up to $700 and 100 free spins. It is easy to get started thanks to the many banking methods like Visa, Mastercard, and Interac.
Pros & Cons
4. Cashwin Casino
- Payout Rate: 96%
- Payout Speed: 0-3 business days
- No. of Slot Games: 4000+
- 5 Highest Paying Slots: Legend of Cleopatra Megaways, Fruit Million, Mummyland Treasures, Aviator, and Lucky Jack – Book of Rebirth
- New Player Bonus: 100% Match Up to $1500 and 50 Free Spins
- Types of Payment Methods Available: Credit Cards, E-Wallets, and Crypto.
- Review: Cashwin Casino
Cashwin Casino is another top tier options for new players. With an average RTP of 96%, you have a decent chance of turning a profit here. There are plenty of excellent games, with one of the most popular options being Legend of Cleopatra Megaways. However, if you want something else, do not worry, there are more than 4000 games available. You can start by claiming the welcome bonus of up to $1500 and 50 free spins. To claim it, you must make a deposit. Fortunately, you can use credit cards, e-wallets, and crypto to make deposits.
Pros & Cons
5. Spinsbro Casino
- Payout Rate: 96%
- Payout Speed: 1-2 business days
- No. of Slot Games: 8000+
- 5 Highest Paying Slots: Fruit Shop Megaways, Razor Returns, Sweet Bonanza, Sizzling Eggs, and Sugar Rush
- New Player Bonus: 115% Match Up to $620 and 100 Free on the Sugar Rush Slot
- Types of Payment Methods Available: Credit cards, Bank Transfers, and E-wallets
- Review: Spinsbro Casino
Spinsbro Casino is an excellent online gaming site that gives players the chance to win high payouts. Notably, the Fruit Shop Megaways game provides players with the opportunity to win large prizes. The best way to start your gaming experience here is to claim the welcome bonus. When you make your first deposit, Spinsbro Casino will match it at an impressive 115% rate up to $620. Additionally, you will get 100 free spins to use on the Sugar Rush slot. You can claim bonuses on each of your first six deposits. The available banking methods include Visa, Mastercard, and Interac.
Pros & Cons
6. Polestar Casino
- Payout Rate: 92%
- Payout Speed: 0-3 Business Days
- No. of Slot Games: 4000+
- 5 Highest Paying Slots: Cash Truck 2, Bandidos Cash, Gates of Hades, Viking Wilds, and Genie Respins
- New Player Bonus: 100% Match Up to $1500
- Types of Payment Methods Available: Credit Cards, E-wallets, and Crypto
- Review: Polestar Casino
Polestar Casino is the last online gaming site we’re looking at today, but that does not mean it’s the worst option. Far from it as it is an excellent place for players looking for a diverse gaming experience. You should start your experience by claiming the welcome offer of up to $1500. You can use this money to play popular titles like Cash Truck 2. When you finish using those bonus funds, you can make another deposit using the various banking methods to proceed with your gaming. Overall, this site is excellent and provides an easy gaming experience for players.
Pros & Cons
Top Casino Payout Questions Answered:
What is a casino payout percentage and how is it calculated?
A casino’s payout percentage is the average amount the site returns to players from every wager they place. To calculate this figure, the RTP percentages of all available games are added together and averaged out.
How Do I Determine if a Casino has a Good Payout Percentage?
Generally speaking, a payout percentage of 95-96% is usually a good benchmark. The reason for this is that although slots can have RTPs of anywhere between 90% and 99%, the more consistent RTPs of table games typically stabilise that average somewhere in the middle. If you find a casino with a payout percentage higher than 96%, you’re doing well.
What is the Average Time for Payouts?
To calculate that average time for payouts, we look at a casino’s general processing time plus the transaction times for each individual method offered. When these numbers are evened out, a good mean is typically in the region of three business days. Generally speaking, eWallet methods are much faster than debut/credit cards or direct bank transfers.
What Factors Can Affect Payout Times?
While payout times typically differ from method to method and casino to casino, the biggest factor affecting them is KYC verification. When making a withdrawal, players must ensure they’ve provided all relevant identification details, otherwise their transaction may be held up.
What is Return to Player (RTP) in Relation to Casino Games?
The return to player percentage (RTP%) of a casino game is the amount that a particular title pays out for every bet placed over the long term. For example, a slot with a 98% RTP will return $98 on average from every $100 wagered. Note, however, that while all RTPs are less than 100%, hitting a jackpot can result in a player winning much more in the short term.
How Do I Check the RTP of a Casino Game?
The RTP percentages for most casino games are usually listed under the game rules or game information tabs. That being said, there are a small number of providers that don’t make their RTP figures public. For an easy overview of the ones that do, however, pages like this one and reviews at Gambling.com can cut out a lot of the time-consuming research.
Top 10 Highest Paying Online Slot Machines
Canadians have access to many high paying online slots, but the following games are the best regarding RTP. You should definitely consider these slots whenever you’re at the associated casinos.
The total number of online slot games available
The number of mobile slot games available
The number of different slot game software providers
The total number of online slot games available
The number of mobile slot games available
The number of different slot game software providers
The total number of online slot games available
The number of mobile slot games available
The number of different slot game software providers
Best Paying Casino Table Games
Table games already carry a reputation for being among the highest paying online casino games. Certain games stand out above the rest, though when it comes to payout percentages. Be on the lookout for the following 10 table games when you’re at the best payout Canada online casinos.
How to Find the Best Payout Online Casino in Canada
Bookmark this page
The world of online casinos is never standing still - and neither are we. We update this page every month to not only include the most exciting new casinos available to Canadian players, but also the hottest new releases and their RTPs. Understandably, developments like these have a significant bearing on our list of the best payout online casinos, so if you don’t want to be basing your decisions on old data, we strongly recommend that you bookmark this page for future use.
By doing so, you can track down the best payout rates currently offered by online casinos, plus the highest RTP% slots and where to find them. You’ll also learn about the latest slot and table game releases that have broken into the top 10 and what sort of returns they can offer to players.
Check our reviews
While this page provides an excellent overview of the best payout rates and return to player percentages, if you’re looking for something a little more detailed, you can’t go wrong with our in-depth casino reviews. The team here at Gambling.com have countless years of industry experience between them and have reviewed hundreds of online casinos already, meaning we know exactly what to look for when evaluating a brand.
Of course, if you’re just looking for payout rates and RTP%, you can skim to the relevant section of the review, but if you want to dive a little deeper, you’ll find everything from the welcome bonuses offered to info about casino payment methods.
Check RTPs
Before playing a game that’s not listed here at one of our recommended sites, it’s advisable to first check the RTP% so you know what you theoretically stand to win in the long term. In most cases, the easiest way to do this is to click the information button on the game display of your selected title.
This will typically take you to a new screen with details of everything from payouts and paylines to RTP% so you can see if the game is right for you. Failing that, most casino sites have a full breakdown of the games they offer and their RTPs located deep in their FAQs section.
Always check the fine print: T&Cs
When writing our reviews and pages like this one, we always check the T&Cs of a site and its games to make sure we’re not misrepresenting important data such as payout percentages and RTP% and the conditions to claiming bonuses such as a no deposit bonus. Even though the information we provide has been double-checked for accuracy, it goes without saying that we’d always recommend players check the T&Cs and game information pages themselves, as sometimes operators can change their game mechanics at short notice.
5 Tips to Maximise Your Winnings at Online Casinos
By reading pages like this one, you’ll have already given yourself a real leg up in terms of how to maximise your winnings at best online casinos. However, if you’d like to hammer home your advantage and get the absolute most out of every bet placed, we’d recommend the following tips:
Tip #1: Play the top RTP games at the best payout casinos
While a casino’s payout rate is a good indicator of how much you should expect to receive back from your bets, it’s worth remembering that this is an average taken from all available games. In order to ensure you’re getting the top end of that payout range, you therefore need to actively seek out the slots and casino games that have the highest RTP percentage by using our lists.
Tip #2: Don’t confine yourself to just one online casino
As you will have noticed from our rundown of the top payout casinos in Canada, the games with the highest RTPs are pretty evenly spread out across multiple sites. As such, if you want to make sure you’re always playing the most generous slots and table games available, you’re going to need to make accounts on multiple platforms. Of course, doing so comes with another benefit.
Tip #3: Use welcome bonuses to make your money go further
Whenever you sign up at a new online casino site, you’ll be eligible to claim a promotional welcome offer. With these typically entitling you to a percentage match bonus on your first deposit and other extras like free spins, they can be a great way to help stretch your budget further. These casino bonuses all come with T&Cs attached, so be sure to check them out before claiming.
Tip #4: Keep an eye out for new releases with high RTPs
Software developers aren’t stupid when it comes to knowing what customers want. With many players seeking to stretch their bankrolls as far as possible by playing only the games with the best RTP, there’s something of an arms race between studios to release games with higher and higher percentages. As such, whenever a new release comes out, be sure to check out its stats.
Tip #5: Allocate your budget and exercise smart bankroll management
Even with the highest RTPs available, you’re always going to be at a slight disadvantage against the house in the long run. As such, it’s important to be clever with how you manage your bankroll. It goes without saying that you should set yourself stop-loss limits so you don’t spend more than you can afford, but you can also look into how you allocate your budget by dedicating a portion of it to playing high-variance games that trade low RTPs for huge potential payouts.
Ontario launched its regulated online gambling market in April 2022. Since then, many new online casinos have come calling in this lucrative market. They must acquire licensing and operate within the bounds of Ontario online casino gaming laws. Therefore, you can expect a safe and entertaining experience when playing at these casinos via desktop or online casino apps.
Of course, not all Ontario online casino sites are equal regarding payout percentages. Some offer higher overall return to player (RTP) than the competition when factoring in all of their casino games. You can discover the 5 best payout casinos in Ontario below.
Our Highest Payout Ontario Online Casinos Ranked
Top Best Payout Ontario Casinos at a Glance
It is not easy to find the highest payout Ontario online casinos. Fortunately, you do not need to do all the work by yourself. Instead, you can leave it to us to find the best sites for you. Here we will be looking at six of the best payout online casinos in Ontario.
Top 6 Best Payout Ontario Casinos Compared
A Closer Look to Highest Payout Online Casinos in Ontario
Here we will be looking at the six online casinos highlighted above. We will look at each site more in-depth, providing a nice overview for you before you decide which site you want to test out.
1. Pinnacle Casino
- 💸 Payout Rate: 96%
- 💳 Payment Methods: Interac, Visa, Mastercard, and PaySafeCard
- 🎲 No of Casino Games: 1000+
- 🃏 Types of Casino Games: Slots, Live Dealer, and Table Games
- 🎰 Other Products Available: Sportsbook, Poker, Baccarat, Blackjack, and Roulette
- ⭐ Ontario Review: Pinnacle Casino
Pinnacle is a casino that has been around for decades, but only came to Canada a few years ago with the legalization of online gambling. Today it is an excellent option for players as they can play over 1000 games with an average RTP of 96%. It is easy to get started thanks to the accessible banking methods like Visa, Mastercard and Interac. In addition to slots, there are live dealer and table games for player sto enjoy. If you do not want to play traditional casino games, you can head over to the sportsbook to bet on your favourite team.
2. PowerPlay Casino
- 💸 Payout Rate: 96.31%
- 💳 Payment Methods: Visa, Mastercard, Interac, Payz, and Bank Transfer
- 🎲 No of Casino Games: 900+
- 🃏 Types of Casino Games: Slots, Table Games, and Live Dealer
- 🎰 Other Products Available: Sportsbook, Blackjack, Baccarat, Roulette, and Poker
- ⭐ Ontario Review: PowerPlay Casino
PowerPlay Casino is a great place for new players to get their feet wet. The site might be new in Ontario, but it is still an excellent choice, providing players with an in-depth gaming experience. There is a smaller gaming portfolio, but there is more quality across the board. In addition to slots, you can play your favourite card games in the live dealer section. Additionally, you should not have trouble banking as there are several payment methods available.
3. Videoslots Casino
- 💸 Payout Rate: 96%
- 💳 Payment Methods: Interac, Visa, and Mastercard
- 🎲 No of Casino Games: 5000+
- 🃏 Types of Casino Games: Slots, Live Dealer, and Table Games
- 🎰 Other Products Available: Blackjack, Baccarat, Poker, and Roulette
- ⭐ Ontario Review: Videoslots Casino
Videoslots Casino is still fairly new on the market. As a result, the site is still developing. That being said, the owners have not wasted any time in adding over 5000 slots and other games for players to enjoy. Players can easily make deposits with Interac or one of the other banking methods. They can also try out some of their favourite card games. The games on the site have an average RTP of 96%, which is the industry standard.
4. Mr Vegas Casino
- 💸 Payout Rate: 96.5%
- 💳 Payment Methods: Visa, Mastercard, Interac, Maestro, Bank Transfer, Ecopayz, Neteller, Skrill, MuchBetter, AstroPay, MiFinity, Neosurf, Flexepin, and PaySafeCard
- 🎲 No of Casino Games: 5000+
- 🃏 Types of Casino Games: Slots, table games, and live dealer
- 🎰 Other Products Available: Poker, blackjack, baccarat, and roulette
- ⭐ Ontario Review: Mr Vegas Casino
Mr Vegas Casino provides players with an excellent online gaming experience. The site has over 5000 titles for players to explore. The titles can easily be played by all players who register an account as soon as they make a deposit. Fortunately, there are several banking methods available, making it easy for all players to deposit and withdraw funds. The site itself is easy to navigate and should provide new players with a nice introduction to online gaming.
5. BetMGM Casino
- 💸 Payout Rate: 96%
- 💳 Payment Methods: Visa, Mastercard, Interac, PayPal, and Apple Pay
- 🎲 No of Casino Games: 2500+
- 🃏 Types of Casino Games: Slots, Live Dealer, and Table Games
- 🎰 Other Products Available: Sportsbook, Poker, Blackjack, Baccarat, and Roulette
- ⭐ Ontario Review: BetMGM Casino
BetMGM Casino is one of the most well-known online gaming sites in Ontario. It is frequently featured in commercials for sports betting. However, sports betting is not the only thing it's good for. The site also has an impressive casino with over 2500 slots and games. You can play slots, blackjack, poker, roulette, and baccarat on the site. When playing these games, you should expect an average RTP of 96%. Players can easily get started using one of the banking methods listed above.
6. Conquestador Casino
- 💸 Payout Rate: 96%
- 💳 Payment Methods: ecoPayz, Mastercard, Visa, Apple Pay, Neosurf, Interac, Jeton, Flexepin, MuchBetter, and AstroPay
- 🎲 No of Casino Games: 800+
- 🃏 Types of Casino Games: Slots, Live Dealer, and Table Games
- 🎰 Other Products Available: Roulette, Blackjack, and Baccarat
- ⭐ Ontario Review: Conquestador Casino
Conquestador Casino is the final site on our list, but that does not mean it’s the worst option. That is far from the case as the site provides a top-tier gaming experience to users. The site has over 800 slots for players to try, and there are several live dealer games available too. When playing, players should expect an industry average RTP of around 96%. To get started, you can use one of the many banking methods listed above.
Important Factors for Ontario Casino Payouts
When choosing a high payout online casino in Ontario, there are a few things for you to consider. Most notably, you need to know what the RTP of the site is. Additionally, you need to know how payouts work on the site you choose. Here we will go more into depth about what you need to know about those two factors.
Casino’s Payout Percentage Explained
Payout percentage is also known as RTP or return to player percentage. It refers to the percentage of the time players can expect to make their money back or better when playing a game. All games have different RTPs associated with them. Typically, games with higher RTPs are less volatile than games with lower RTPs. However, there is a trade off because low RTP games usually have much larger jackpots available to players
How the Ontario Casino Payout Works
Win probabilities for individual games are set by the software providers when they create the games. The games are then distributed to various online casinos. Online casino operators cannot adjust RTP values. Sitewide RTPs are calculated by taking the average RTP of all games on the site. However, these numbers are usually an estimation based on a large sample of titles rather than all of them.
Highest Paying Casino Games
Different online casino games have different RTPs. So, you cannot expect to get the same rates whenever you switch slots. RTPs are determined by the software provider when they develop the game, not the casino operators themselves. However, you should note that some games have different game modes that adjust the RTP to be higher or lower. All games on officially licensed online gaming sites use random number generators to determine results, so you know they’re safe. Here we will look at four of the highest paying casino games from the sites we looked at today.
🏅 Book of Dead: 97% Average RTP
Book of Dead is arguably the most well-known online slot in the industry. It was released almost a decade ago in 2014 and has remained one of the most popular slots in the undustry. Its longevity can be partially attributed to its stellar 97% RTP. You can find this game at Pinnacle Casino.
🏅 Big Bass Bonanza: 97% Average RTP
Big Bass Bonanza is another one of the most popular slots in the online gaming industry. It has a fun water theme and gives players a good chance to win with a 97% RTP. The game was developed by Pragmatic Play, and you can find it at Mr Vegas Casino.
🏅 9 Masks of Fire: 96.24% Average RTP
9 Masks of Fire has been one of the most popular online games for several years, and for good reason. It has a good RTP that includes several jackpot possibilities. The game was developed by Games Global and distributed to several online gaming sites, including PowerPlay Casino. You can win up to 400x your bet when you hit the jackpot playing this game.
🏅 Wanted Dead or a Wild: 96% Average RTP
The final title we want to look at today is Wanted Dead or a Wild. It has an exciting Western theme that should keep players engaged while giving them a great chance to win. You can find this title at Videoslots Casino.
Tips to Choosing a Top-Paying Ontario Online Casino
You’re already ahead of the game by finding the best online casino payouts in Ontario. However, you can take your search—and potential winnings—further with the following tips.
Tip #1 - Check for an Ontario license
Ontario requires legal online casinos to obtain licensing with the Alcohol and Gaming Commission. Any unlicensed ON gaming site is illegal and can’t be trusted to consistently make payouts.
Tip #2 - Consider a casino’s RTP & payout speed
We’ve highlighted why you want to pick casinos with high payout percentages. However, you should also consider how quickly you’ll get paid too. Quick and reliable casino payment methods are a must. After all, you don’t want to spend weeks waiting on a cashout.
Tip #3 - Play Games with High RTP
Finding the best online casino payouts for Ontario alone isn’t enough. You want to take things a step further by also checking individual games’ RTP. By doing so, you can consistently play slots and table games, including baccarat, with better payout percentages.
Tip #4 - Sign up with multiple Ontario online casinos
Don’t limit yourself to just one casino’s game selection. When signing up at multiple ON casinos, you can choose the best games from multiple operators. After all, one gaming site might excel in blackjack while another has the best-paying slots.
Tip #5 - Watch for new Ontario high online casino payouts
The Ontario gaming market has two dozen online casinos and counting. You might find more top online casino payouts by watching for new gaming sites. We’ll do our best to fill you in on the ON new casinos as well.
Choosing an online casino is a serious business and with the vast volume of payout statistics floating around the web for the top casinos on the internet, there's no excuse for not doing your homework. One of the most reliable statistics available is the average percentage payout. Monitored monthly by independent experts like eCOGRA and often published via links in the footer of casino webpages, these reflect the percentage of player wagers returned as winnings during the period. The occasional big winner is another sure sign of a high paying casino in Canada.
More Info on Highest Payouts at Online Casinos
You can learn more about payout rates at Canadian online casino when you are playing games for real money. Below are some of our suggested articles to help you understand them better.
FAQ
A payout percentage is simply the amount you can theoretically expect to receive back from every bet that you place over the long term. For example, a slot with a 98% payout will - on average - return $98 for every $100 spent, though short-term variance is less predictable.
It really depends on the game you’re playing. While an RTP of 96% or more is pretty generous for a slot, it would be on the lower end for a table game. For roulette, you’d typically want to see 97% or better, while blackjack needs to be at least 99% to be profitable.
As we mentioned above, somewhere in the region of 95-96% is a pretty average payout for slot games. While you will occasionally find online slots with payouts as high as 99%, these are few and far between and you should always check the information tab before playing.
Yes. Table games generally have much better payout percentages than online slots, but there is a slight caveat. As there’s a skill element to games like blackjack, you will need to employ correct strategy to realise the potential 99% RTP on offer, as making fundamentally incorrect decisions like hitting on 20 will obviously damage your potential returns.
At the time of writing, both PartyCasino and SlotNite offer top payout rates of 96.2%, making them among the most generous sites available in Canada. Typically, most casinos will sit within a percentage point of this figure, so be cautious of those offering anything below 95%.
While payout speeds obviously depend on the method being used and external factors such as ensuring KYC verification has been completed correctly, our reviewers found that Zet Casino was the fastest with a guaranteed withdrawal time of three days across all methods.
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