Best Payout Online Casinos Canada In 2024

Top 5 Payout Online Casinos in Canada

The best payout online casinos in Canada shouldn’t be used with the expectation of turning a profit. That said, it’s always a good idea to maximize your chances of winning by picking the Canada online casinos with high, quick payouts. Here are our top five payout online casinos in Canada.

1. TonyBet Casino

TonyBet Casino offers a competitive RTP% of 97.61%, making it a strong option for Canadian players looking for high payout percentages. Since its launch, TonyBet has become an appealing choice for players due to its diverse payment options and user-friendly interface. A generous welcome bonuses and other promotions make TonyBet a top contender as well. Players can enjoy a variety of casino games, including slots, table games, and live dealer games.

2. LeoVegas Casino

LeoVegas Casino is renowned for its high RTP% of 98.79%. LeoVegas especially excels at providing an excellent mobile gaming experience, allowing players to enjoy their favorite casino games on the go. In addition to its impressive RTP%, LeoVegas provides generous promotions such as its welcome bonus and daily free spins. Overall, its combination of high RTP% and attractive bonuses makes LeoVegas a top choice for players seeking optimal returns.

3. 888casino

888casino boasts a competitive RTP% of 98.26%, elevating it up the ranks as one of the highest payout online casinos. The casino’s wide variety of games is certainly a hallmark, especially exclusive 888 titles developed in-house. This operator is also one of the few to offer Apple Pay, as well as other e-wallets and rarer options like MuchBetter and Paysafecard. For all these reasons and more, 888casino is considered a favourite among Canadian players.

4. BetVictor Casino

BetVictor Casino is a bit lower than some with an RTP% of 96.50%. Still, this online casino is recognized for its reliable payment methods and efficient withdrawal processes, making it a preferred choice for players who value quick payouts. BetVictor’s ability to offer both Apple Pay and Google Pay make payouts as painless as possible. From its user interface to its transaction speed, it’s a great choice for both desktop and mobile players.

5. Casumo Casino

Casumo Casino boasts a high RTP of 97.27%, providing players with favorable odds and a great gaming experience. Additionally, Casumo Casino is recognized for its quick withdrawal processes, making it easier for players to access their winnings promptly. A combination of High RTP%, exclusive games, and efficient payout transactions make Casumo Casino one of the best payout online casinos in Canada.

Other Payout Online Casinos To Consider

With so many internationally-licensed payout online casinos to choose from, there are great options that extend beyond our top-5. Remember, payout times will always vary, but the online casinos we’ve recommended on this page often payout sooner rather than later. Refer to the table below for some other choices that could be worth considering.

🎰 Casino	🏆 Top Feature	🤑 Payout Percentage	💸 Payout Speed
💰 JackpotCity Casino	Progressive Jackpot Slot Games	98.65%	1-5 Days
▶️ PlayOJO Casino	Selection of Live Casino Titles	97.84%	1-5 Days
🛞 Spin Casino	Diversity of Slot Games	97.34%	1-5 Days
🐼 Royal Panda Casino	Generous Welcome Bonus	96.77%	1-5 Days
⚡ Wildz Casino	Mobile App Functionality	96.50%	1-5 Days

Understanding Online Casino Payout Percentages

Understanding an online casino’s payout percentages (more commonly referred to as ‘return-to-player percentages’ or ‘RTP%’) is crucial to maximizing your winnings from any given casino game. Essentially, a portion of the total amount you’ve wagered is returned to you. For example, if you had wagered $100 at an online casino with an RTP of 96%, you would expect to win at least $96 back (on average). In Canada, the highest paying online casinos typically have a RTP% ranging from 96% to 99%.

Understanding the relationship between the ‘house edge’ and RTP% can significantly impact your gaming strategy as well. The house edge is the opposite of RTP%, representing the percentage of total bets that the casino expects to retain over the long term. For instance, if a game has a house edge of 5%, it means the casino retains 5% of all bets placed. High RTP% games inherently have a lower house edge, which benefits players by increasing their potential returns. Table games (including live dealer) such as blackjack typically have higher payout rates compared to other types of games like slots, making them a strategic choice for players looking to maximize their winnings.

Online Casinos Payment Methods In Canada

The top payout online casinos in Canada offer multiple payment methods with a focus on quick, secure transactions. Below is a snapshot of the types of payment methods you can expect to see at the fastest payout online casinos in Canada.

🏢 Logo	💵 Payment Method	⬇️ Deposit Time	📋 Read More
	Debit	Instant	Sites Accepting Debit
	Instadebit	Instant	Sites Accepting Instadebit
	Apple Pay	Instant	Sites Accepting Apple Pay
	iDebit	Instant	Sites Accepting iDebit
	Mastercard	Instant	Sites Accepting Mastercard
	Visa	Instant	Sites Accepting Visa
	Paysafecard	Instant	Sites Accepting Paysafecard
	PayPal	1 Minute – 5 Days	Sites Accepting PayPal
	Skrill	1 Minute – 5 Days	Sites Accepting Skrill
	Payz	Instant	Sites Accepting Payz
	Click2Pay	Instant	Sites Accepting Click2Pay
	e-Transfer	Up To 30 Minutes	Sites Accepting E-Transfer
	Wire Transfer	1 Minute – 5 Days	Sites Accepting Wire Transfer

Debit & Credit Card Payouts

Debit and credit card payouts are still the most popular withdrawal methods, despite the fact that digital wallets are catching up fast. Note that some fastest payout online casinos may require you to make debit/credit card withdrawals to the same card you initially deposited with. Payouts speeds can range from within 24 hours to up to five days (worst case), but the casinos on this list have payout speeds on the quicker side. Always read a casino’s terms and conditions in the payments section to learn more before requesting a payout.

Digital Wallet Payouts

Digital wallet payouts have become a lot more common in recent years. E-wallets like Apple Pay, Google Pay, PayPal, Skrill, ecoPayz, INSTADEBIT, and MuchBetter usually facilitate much quicker payouts than debit or credit payouts. Usually, a digital wallet payout will go through within 24 hours. Another perk is smaller fees, although watch out for fees you may incur if moving payout money from a digital wallet to your bank account. For example, PayPal will charge you $1 to guarantee a transfer ‘within minutes’.

Cryptocurrency Payouts

Some fastest payout online casinos in Canada are allowing withdrawals to various cryptocurrency wallets such as ‘Bitcoin’, ‘Bitcoin Cash’, ‘Ethereum’, and ‘Tether’. Most transactions with crypto are instant and don’t have fees, so it’s easy to see why some Canadians are making the switch. You’ll also have the benefit of both lower minimums and higher maximums.

Best Payout Online Casino Games

Selecting the casino game you’d like to play can significantly impact your potential return. After all, high payout casino games with a generous RTP% offer a better chance of winning over time. One of the best options for maximizing winnings is to play slot games with an RTP% above 95%. If you’re up for something more challenging, video poker games have an average RTP% of 99.50%. Let’s take a look at the best payout online casino games that Canadian casinos have to offer.

Best RTP% Slot Games

Unsurprisingly, the best RTP% slot games are usually the most popular. High RTP% slot games we’d recommend include ‘Book of 99’ (99%), ‘Ryse of the Mighty Gods’ (99.1%), and ‘Jackpot 6000’ (98.9%). Some of the top RTP% slot games will also have ‘Megaways’ versions, featuring additional reels and therefore more potential paylines. Some Canada online casinos are very transparent about the RTP% of each game, and that kind of authenticity is worth sticking with.

High RTP% Table Games

Table games like blackjack, baccarat, and roulette are known for high payout rates and low house edges. For example, blackjack has an RTP% ranging from 92% to 99.54%. Some blackjack betting strategies focus on reducing the house edge as much as possible, which can be effective given that it can reduce the house edge to less than 1%.

Progressive Jackpot Games

Progressive jackpot games attract many players due to the big-win potential. That said, progressive jackpot titles generally offer a lower RTP% compared to non-jackpot slot games. This may seem counterproductive and risky, but progressive jackpots take a small percentage of the stake amount from each spin. This amount can sometimes reach millions of dollars, and only resets once it’s been won.

Best Tips For Maximizing Winnings At Fastest Payout Online Casinos

The players that maximize their winnings the most at the best payout online casinos do so by sticking to a strategy. Doing this requires many things including practice, discipline, and a thorough understanding of the games you want to play. Staying informed about new high RTP% casino games helps a lot of players make better choices, but it’s hard to stay consistent and mitigate losses without a defined process. You may already have a go-to betting strategy, but we still recommend reading our advice in case you’ve missed something. Without further ado, here are out best tips for maximizing winnings.

Manage Your Bankroll

Effective bankroll management is key to responsible gambling. The first thing you should do is divide your total bankroll into smaller amounts. Decide on an amount you’re comfortable with spending each session, and adjust your bet sizes according to the smaller amount to extend play time. Remember not to deviate from this system no matter what happens. It may easy to lose a big win by chasing the next one, just as it may be tempting to double down out of frustrations during a losing streak. In short, enjoy your wins, but don’t get overzealous under any circumstances. By following these guidelines, you can enjoy gambling responsibly while managing your finances effectively.

Play Casino Games With High Payout Potential

Playing casino games with a high payout potential is just as important as finding titles with a high RTP%. The difference lies in how lucrative the rewards are. For example, one slot game may have a RTP% of 98%, but it may also lack in-game events and mechanics awarding free spins and larger prizes. On the other hand, a similar slot game could have a lower RTP% of 96%, but allows for the potential of in-game bonuses. Therefore, the second slot game option would have a lower RTP%, but a higher payout potential. For table games, it’s a bit more complex as you can increase both your RTP% and high payout potential through game variation and strategy. For example, using the ‘Martingale’ strategy to play blackjack.

Take Advantage of Bonuses & Promotions

All of the fastest payout online casinos in Canada are in fierce competition for your business. As such, there are plenty of welcome bonuses and other promotions aimed at both attracting new players and keeping existing players loyal. These promotions stretch your budget, providing more opportunities to play and win by awarding ‘bonus bet credits’. For example, welcome bonuses can sometimes double your initial deposit thus substantially boosting your bankroll. Always check the terms and conditions before claiming any promotions as failure to properly claim it can result in missing out.

How We Choose The Best Payout Online Casinos In Canada

There’s a plethora of great online casinos in Canada, and each one has its own strengths and weaknesses. Looking for the fastest payout online casinos in Canada is a good start, but CSB’s evaluation criteria requires the analysis of several factors. When analyzing and recommending the best payout online casinos in Canada, there’s a lot to consider. Read on to learn more about how we choose which fastest payout online casinos are the best in Canada.

RTP%

As we’ve mentioned ad nauseum, comparing the RTP% of both different casino and casino games can greatly skew your decision. Most RTP% are 96% or higher, but even a margin of 1-2% can add up to quite a bit over time. Get the most out of your real money deposits by picking casino games you enjoy that also payout well. The only thing to remember is not to go too hung up on the number itself. While useful, it’s not everything. If you prefer a slot game with a 96% RTP% over a table game with a 98% RTP%, don’t feel compelled to play the table game you don’t enjoy just for odds sake.

Payment Methods & Payout Speed

The payment method you use to receive a payout can greatly affect the payout speed itself. For example, digital wallets and cryptocurrency boast nearly instantaneous payouts, which can be much faster than a traditional debit or credit payout. As such, the best payout online casinos in Canada make offering a wide range of payment methods a priority. These operators know that the better the selection, the more likely quick payouts will be.

Licensing & Regulation

Most Canadian provinces have not yet undergone the process of legalizing commercial sportsbooks. As such, the only option outside of each provincial government’s self-regulated online casino is to sign-up for an internationally licensed online casino. While not locally regulated, many of these online casinos secure licensing that technically permits operation within Canada. Examples of gaming commissions authorized to do this include the Kahnawake Gaming Commission and the Malta Gaming Authority.

Bonuses & Promotions

One of the best parts about bonuses is that you’re not limited to the promotions of just a single online casino. Some promotions, like a welcome bonus, can only be claimed once by a new player. That said, nearly every fastest payout online casino in Canada has a welcome offer, and you can absolutely make an account with each. Other ongoing promotions for existing players will sometimes reset, meaning they can eventually be used more than once.

Responsible Gambling in Canada

All legitimate online casinos offer a ‘Responsible Gaming’ or ‘Responsible Gambling’ section informing users about the risks of problem gambling. Learn the signs associated with problem gambling, and how to avoid those habits. Here are some tips to help you play responsibly.

• Never gamble with money you can’t afford to lose.
• Don’t gamble while feeling sad or depressed.
• Avoid the use of alcohol and other substances while playing.
• Only use gambling as a form of entertainment.
• Practice effective bankroll management by setting limits.
• Create a gambling budget and stick to it.

Resources & Tools

If you think you or someone you know might have a gambling problem, here are some valuable tools and resources that can provide help:

• Gamblers Anonymous: http://www.gamblersanonymous.org/
• Gambling Therapy: https://www.gamblingtherapy.org/
• Responsible Gambling Council: https://www.responsiblegambling.org/for-the-public/problem-gambling-help/help-for-canadians/

Best Payout Online Casinos Canada FAQs

Review our FAQs below for answers to our most common inquiries about the best payout online casinos in Canada.