Best Online Casino & Slots Payouts
Have you heard that playing at the best payout online casino sites if the smartest choice you can make as a player? When it comes to casino, winning is not guaranteed, and sometimes Lady Luck just ups and walks away. However, playing the best payout slots online is a perfect way to maximise your winning chances. Some live online casino sites have better payout rates than others. And we’re here to help you find Canada’s best online casino payouts. Check our list of select operators and choose a best paying online casino that:
- Has the highest payout casino games
- Features a vast choice of the best paying online slots
- Brings you the best casino bonuses and offers
- Offers fast payouts.
Best Payout Online Casino Canada
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Best Online Casino Payouts – What Does That Mean?
The payout rate refers to how often an online casino pays out winnings. We often refer to this percentage as the RTP, or return to player, rate. The RTP rate, or payout percentage is worked out by comparing the number of bets with the amount paid out in winnings.
- Let’s say, for example, you have decided to play at an online casino with a payout percentage of 90%.
- This means that for every $10 worth of bets that you place, you’ll make an average of $9.00 in return.
- 90% sounds reasonable, but the best paying online casinos boast RTP rates that sit at 98% or 99%.
Why RTP Rates Are Important
More often than not, players tend to focus on the RTP of individual games rather than the payout percentage of the casino site. Over the years, we have learned that to ignore the casino payout percentage can be a costly mistake. Playing at the best Canadian casinos with high payouts has to offer will give you a much better chance of walking away from a gaming session with money in your pocket. And in the long run, it could save you a hefty sum of money.
Now, before you go running off to look for the highest payout online casino, there are a couple of things to keep in mind.
- The first is that there are no guarantees. Even at the best paying online casino you can still end up walking away with a heavy heart and an empty wallet.
- The second is that not all casinos are honest about their RTP rate. Many gambling sites have been known to make bold statements regarding their RTP rate in the hope that you, the player, will take their word for it. The best payout online casino sites featured on our website are monitored and certified by authoritative bodies such as eCOGRA.
How to Find the Best Paying Online Casinos
In order not to get stung by false promises about the highest payout online casino out there, you need to know what to look for and where to look. One of the ways that we can confirm the veracity of a casino with top payout rates is by checking with a company like eCOGRA, an independent auditor that specialises in gaming. If a gambling site has been audited by eCOGRA, you will see the company’s logo displayed at the bottom of the homepage.
However, a regular audit is not quite enough to be crowned ‘best paying online casino’. Other factors come into play. We look at each casino as a whole entity, and in doing so we have devised a check list of criteria that we expect all casino sites to meet. Whenever you come across new casino sites, you should look out for the following:
- Licence: We go over every casino with a fine-tooth comb to ensure that we only recommend legitimate casinos. If you play at one of our recommended casinos, you can be sure that the casino is fully licenced, and that their games come from licenced software providers. A licenced casino must abide by strict rules and regulation relating to fair play.
- Security: It is absolutely essential that an online casino is fully equipped with the latest SSL encryption technology. If a site has the SSL logo, it means that your personal and financial data is encrypted and therefore kept safe from unwanted third parties. The casino in question should also have KYC and AML procedures in place that require you to verify your identity and credit card details.
- Customer Service: The customer service department is your first port of call in a storm. If you run into any issues while playing your favourite games, you should be able to turn to the customer service team for support. We expect customer service agents to be helpful and knowledgeable, and preferably available 24/7.
- Payments: We don’t just look for the best online casino payouts, we also look for the best online casinos that payout in a timely manner. When we request a withdrawal, we expect the request to be processed quickly and efficiently. A good casino should process your withdrawal request within 2 business days, but we prefer they do it within 24 hrs. You should also expect to see several reputable payment providers available for both deposits and withdrawal.
Best Payout Online Casino Canada – Top 8
# | High Payout Casino | Bonus | Payout Time | Payout Rate |
---|---|---|---|---|
1 | GoGo Casino | / | Instant | 97.9% |
2 | Casino Friday | C$1000 | Instant – 1 day | 97.5% |
3 | Caxino | $200 | Instant – 1 day | 97.4% |
4 | Casino Days | C$1000 | Instant – 1 day | 97.1% |
5 | LottoMart | C$1200 | Instant – 1 day | 97% |
6 | Casino Extra | C$525 | Instant – 1 day | 96.8% |
7 | King Billy | C$1500 | Instant – 1 day | 96.6% |
8 | Comeon! | C$1500 | Instant – 1 day | 96.4% |
Highest Payout Casino Games
As important as it is to choose top gambling sites with the best online casino payouts, it is also important to consider the RTP of the casino games that you are planning to play. Playing at the highest paying online casino won’t necessarily pay off if you end up playing games with the lowest RTP’s.
The good news is that online games offer better RTP rates than land-based games. The online format allows the best payout online casino sites to provide a much bigger range of games because it is not limited by floor space. In a Las Vegas casino, for example, you’re only likely to find American roulette on offer.
- The house edge is larger in American roulette than it is in European roulette because the American roulette table has an extra pocket. Blackjack also benefits from the online format because online blackjack is generally played with 2 decks. Land-based blackjack tends to be played with as many as 8 decks. Each deck increases the house edge.
- Fans of the best online slots will be pleased to note that online gameplay is a huge advantage. Best payout online casino sites are able to offer hundreds and hundreds of online slot games all under one virtual roof. Many casinos will display the RTP for each game, but its easy to find out the estimated RTP of most games just by doing a quick internet search.
- Look for new online slots and games with an RTP of 97% or higher but be sure to consider the volatility of each game. Real money slot games with low volatility are likely to payout little, but often. A game with high volatility is likely to payout rarely, but when it does payout the jackpot should be worth the wait.
If you want to make the most of your best paying online casino, there are the games to go for:
- The best online slots with RTP of 97% or higher
- Blackjack – played with 1 or 2 decks
- European roulette
- Casino War
- Baccarat
Unfortunately, there are no guarantees when it comes to gambling games. But if you play casino games with high RTP’s at a site with the best online casino payouts, you should be in with a good chance of walking away a winner.
Who Creates High Payout Casino Games?
The highest payout online casino games come from the best software providers. To be considered the best, a software company must produce innovative and exciting games, and they must uphold fair gaming standards. Some of the biggest names in software include, but are not limited to:
- Evolution Gaming
- Play’n GO
- NetEnt
- Yggdrasil
- Microgaming
- Bally
- Quickspin
Best Payout Slots Online
The best payout online casino sites will always feature the highest RTP slots that you can play to keep the odds forever in your favour. With literally thousands of slots out there over the many different online casinos, smart players will stick to not just safe online casinos but also only play the best payout slots. This way you’re safe in the knowledge that not only is the sites security up to spec but you’re maximising your chances of pocketing some decent coin. But how to spot the best paying online slots and is RTP the only factor you should consider?
What exactly is RTP?
RTP stands for “return to player” and is how much you can expect to return for every dollar you invest. So, if you’re playing a high payout slot that has an RTP of 92%, you can expect to receive £92 back in winnings for every £100 you bet. Best payout slots with highest RTP are going to have you winning more than those that are lower. This is obviously the average over many millions of spins and for the average Joe, one afternoon session won’t quite add up to that. But it’s still good to know that, if winning is your priority, then high-paying slot machines are the way to go.
- Other factors like variance or volatility also affect high payout slot rates, which we’ll go into soon. And just because one slot has higher payout rates it doesn’t mean you’ll enjoy it more than one that is 1% lower, so do take this with a grain of salt. When compared to land-based casinos, slot machines in Las Vegas or similar will be around the 75% mark, which doesn’t sound too bad, right? Well, it is when you suddenly compare it to its online cousin which average around 95%.
- So why the difference? Overheads. Land-based casinos have huge electricity and staff costs to cover; online casinos run extremely efficiently. Obviously, the remaining percentage is the profit for the business; the house always wins. But wouldn’t you rather play a game like a high payout slots that has more chance of winning? You betcha! That’s why the online industry has been killing it over the years.
High Volatility vs Low Volatility
Also known as variance, volatility relates to how often a slot pays out.
- The highest RTP online slots may also have high volatility which isn’t great news for players who play short sessions as the likelihood of a payout is less. But on the other hand, that also means that when it does pay out, it pays out bigger. Likewise, high payout slots and casino games with low volatility will see you hitting the jackpot more, but winning slightly less each time.
What to Choose?
So, which is better? Really it comes down to the individual. Patience, whether you’re actually enjoying the game and your expected bankroll could all contribute to one way or the other. It’s like a progressive jackpot; the amount of times that Mega Fortune pays out is few and far between but when it does, it’s like winning the lottery. That’s because progressive jackpots have not just a low RTP, but they’re also incredibly high in volatility. It still makes them really popular though.
How To Find the RTP For High Paying Slots and Games
Just like the best payout online casino operators, the best payout slots will always advertise just how successful they are. The old saying that “no publicity is bad publicity” doesn’t work in sales. Just like when you search for which casinos are licensed, that badge of honour is displayed right there on their homepage. If you find it tough to find the RTP for a specific slot, it’s probably very low. As online regulations become stricter for casinos, it’s great news for players. Now-a-days, it’s the law for game providers to provide their RTP information so a quick search should get your solution in no time. And if top-paying slots with highest RTP are your priority, fear not; we’ve got you covered below.
Best Paying Slots – Top 8
To save you the hassle of scouring the net for the best RTP slots, we’ve done the hard yards for you. These are the highest RTP online slots around:
1. Mega Joker – 99% RTP
This NetEnt game isn’t going to be everyone’s cup of tea. As video slots go, this lacks the bells and whistles of most but if it’s straight up winnings you’re after, this is your horse. Ensure you play in Supermeter mode by keeping your bets to 10 coins and maximising your odds.
2. Jackpot 6000 – 98.8%
Another NetEnt classic, this is for the lovers of old-school amongst us. Bringing back the classic fruit machine vibe, your aim is land 3 jokers to guarantee the top prize. Again, to ensure the highest RTP available, keep it on 10 coins at a time.
3. 1429 Unchartered Seas – 98.6%
So, we’ve dropped two positions and only lost 0.4% RTP! There really isn’t much between the best paying slots. Thunderkick owns this cracker based around an old sea-map theme with mermaids and giant squid as your symbols. Visually spectacular, it will also have your pockets full in no time.
4. Marching Legions – 98.12%
A caricature of the roman empire by Quickspin, you’ll want to try and collect horns to move up the levels of waves. Making it to the fifth level can see you earning 5 marching stacks and an incredible 7,458x your stake.
5. Blood Suckers – 98%
Not since Twilight has vampires been so popular. This NetEnt gore-fest will see plenty of special features including wild substitutes, free spins and scatters. Trigger the bonus to unlock plenty of dead dudes in coffins to reap the rewards.
6. Jokerizer – 98%
Yggdrasil’s turn to get on our leaderboard and if you play this classic fruit machine style game in Jokerizer mode, you’ll hit the highest RTP. You’ll need to hit a winning combination first and choose to go for the higher payouts. It’s worth it, trust us.
7. Starmania – 97.87%
Another great graphics game, this time from NextGen. Outer space themed and a cool soundtrack to back it up, this is a real sensory journey. It’s packed with out-of-this-world wilds and plenty of features to keep you occupied.
8. Kings of Chicago – 97.8%
Wrapping up our top 8 is this gangster poker game, again from NetEnt. Combining poker hands with classic video slots has paid off and this is a real crowd pleaser. Look out for the one joker to act as a wild and keep your coins on max to really reap the rewards. The lowest RTP on our list, but probably our favourite game.
How Important is RTP in Best Paying Slot Games?
One look at our list of the highest paying slots on the market and you’ll notice that these 8 best RTP slots are separated by a mere 1.2%. To put that into perspective, that’s £1.20 for every £100 you invest. If it takes you two hours to burn through that much coin, was it really worth it? RTP is taken rather seriously by the regulators these days too, who used to only check on a game as it was launched.
Now, constant auditing is done on all aspects of a high payout casino, including the software supplied by the game providers. For us, the best paying slots mean nothing if it’s not enjoyable to you. And what one player finds good is unique to the individual. Instead, why not look at the bigger picture and follow the following tips to getting the most out of the best online casino payouts, including the highest RTP slots with top payout rate:
- A casino license needs to be the priority.
- Look for the best paying slots with an RTP of 97% or above.
- Only play games you’re enjoying.
- Manage your bankroll.
- Know when to stop.
We’re not saying that highest paying slot machines with highest RTP aren’t worth prioritising, not at all. But it’s all part of a structured gameplay that smart players need to take into account. Starburst is one of the most popular games of all time, has been for years. It didn’t make our list and may never do as its RTP is only just above 96%. But players line up to play it because it balances a high enough RTP with a game that is incredibly fun to play.
Best Payout Online Casino & Slots – FAQ
- What casino payout percentage should I look out for?
We recommend looking for a casino payout percentage of 95% or higher. Your best bet, however, is to find a casino site with a 98% or 99% payout rate.
- Are casinos with high payout rates safe to play at?
Yes, casinos with high payout rates are safe to play at as long as they are licenced and regulated. It is not safe to play at an unlicenced casino.
- How long will take to receive my winnings?
Once a casino has processed your request (which should not take longer than 1 or 2 days), the time it takes to receive your winnings depends on your chosen payment provider. E-wallets offer instant payments, whereas credit cards can take up to 3 business days. Bank transfers can take up to 7 days.
- Which casinos offer the best payout rates?
At the time of writing, 888 Casino, Jackpot City, Ruby Fortune, Spin Palace, and Royal Vegas are all high payout casinos. Betway, Casimba, Royal Panda, and Dream Vegas are also excellent high payout casinos.
- What is actual RTP vs Theoretical RTP?
For players, it doesn’t really matter the difference between the two, but theoretical is the advertised RTP based on billions of spins, actual is what you get when you play. As all games are monitored by the UKGC you can be safe in the knowledge that the advertised RTP is what you’re playing.
- Which are the best paying slots?
Slots with highest RTP are considered the best payout slots as the house edge is the lowest. That means more money coming back your way in winnings. Check out our list above to find the highest RTP online slots.
- How does variance affect my winnings?
Variance or volatility is how often a game will pay out. High variance games have a higher probability of winning, but it also means you’ll win less coin every time. You need to think about how patient you are, how long you play for and what your end game is when looking at it.
- Should I only play slots with highest RTP?
At the end of the day, you are playing for enjoyment not to find a financial solution to a problem, so you should be playing the games you enjoy. It’s great to know which games have low RTP so you can avoid them, but we’re not saying you should only play Mega Joker either. It’s about balance.