Best Online Casino Payouts in 2022
Few players understand that once you enter any casino you’re automatically at a slight disadvantage. You might ask why? There are many types of games, and to increase your chances of winning, you’ll need to be comfortable with each game you play. If you go in blindly, your odds of winning are slim. You must also keep in mind that every venue has the house edge, which is the mathematical advantage that eventually, the house gets more money than you, regardless of how much you win.
You can improve your odds of winning by playing the right casino games. This is where it’s important to find the best and the highest payout online casino with a higher house edge.
Highest Payouts Online Casinos in Canada
| Rank | Casino | Bonus | Visit | Info |
|---|---|---|---|---|
| 1 |
Jackpot City Canada
|
$1600 | Visit Casino |
Payout Percentage of 97.9%
         
|
| 18+. This offer is not available for players residing in Ontario | ||||
| 2 |
TonyBet Casino
|
$1500+ 170 Free Spins | Visit Casino |
Payout Percentage of 99.2%
   
|
| 18+. This offer is not available for players residing in Ontario | ||||
| 3 |
Spin Casino
|
$1000 | Visit Casino |
Payout Percentage of 98.3%
|
| 18+. This offer is not available for players residing in Ontario | ||||
| 4 |
Guts
|
$200+ 100 Free Spins | Visit Casino |
Payout Percentage of 97.2%
|
| 18+. This offer is not available for players residing in Ontario | ||||
| 5 |
PlayOJO
|
80 No Wager Free Spins | Visit Casino |
Payout Percentage of 97.7%
|
| 18+. This offer is not available for players residing in Ontario |
Payout Percentages in Online Casinos
The payout percentage that an online casino provides is also known as the RTP (return to player) rate. The highest-paying online casino can be determined by taking a look at the RTP that they provide on their website. Casino RTPs aren’t the only thing that you could look out for, as most games will have a dedicated RTP, which will have a direct effect on the overall payout rate provided by a casino.
The RTP rate means, how much money you’ll eventually get back from the casino based on the amount of cash that you’ve invested.
This amount will vary from one online casino to the next, with the industry standard ranging between 90 and 98%. The higher the percentage, the greater it would be for you, the player. Essentially, if you were to invest C$100 into your casino account, the casino will pay you back between C$90 to C$98 in the form of earnings and will pocket up to C$10 in the form of profit.
The payout percentage is equivalent to the winnings paid over the amount of money that’s wagered.
Best Payout Casino Games
While looking at the payout percentage of the online casinos, we highly recommend that you take it a step further and check out the RTP of different games. Below you’ll find the RTP of different casino games along with an explanation regarding the house edge and which games are the best casino games to win in terms of odds.
Slots - Most online slots games are based on the traditional casino-style slot machine. Each online slot game will have its unique rules and style. While slots are the easiest games to play, the casino has the house edge. The industry standard for slots is 96%, but most of them will be between 92 and 98%. Despite all of this, your chances of winning with slots are still quite good when playing at online casinos that feature games from reliable software providers.
American Roulette – American Roulette is a version of roulette that has two zero pocks that boosts the house edge to 5.26% with an RTP of 94 to 95%; however, despite the presence of various tactics for roulette most experts will recommend avoiding this game altogether. If you’re keen on enjoying a few rounds of Roulette, we would recommend French/Single Zero Roulette due to the La Partage rule that significantly decreases the house edge and raises the RTP to 98.65%.
Craps – Craps will feature an RTP of 98.6% which makes it one of the highest payout casino games. The house edge of craps will depend on the roll, with the highest being 2.78% on Big 6 and 8, so keep this in mind when playing.
Baccarat – This is an incredibly entertaining game and it features an RTP of 98.9%; however, the house edge depends on the bet that you make, so if you’re thinking about making a tie bet, we recommend that you don’t due to the 9.5% house edge. This is huge compared to 1.06% on Banker bets and 1.24% on Player bets.
Video Poker – Video Poker is the only game that features a higher RTP than Blackjack with a rate of 99.5%. The house edge of video poker depends on the version you’re playing as some will be as low as 0.5% and others can be as high as 5%.
Best Payout Online Slots
When it comes to the highest paying slot games there’s a lot to look out for from the variance of the game, the bonus features, and the RTP. Below you’ll find a list of slots that feature the highest RTP rates. The RTP rate of a slot is how much money you’ll get back in the form of winnings in the form of a percentage. These rates are calculated by looking at how much is gained from a C$100 deposit over a set period.
- Mega Joker (NetEnt) 99%
- Monopoly Big Event (Barcrest) 99%
- 1429 Unchartered Seas (Thunderkick) 98.6%
- Jackpot 6000 (NetEnt) Up to 98.10%
- Blood Suckers (NetEnt) 98%
- Jokerizer (Yggdrasil) 98%
- Kings of Chicago (NetEnt) 99%
- Magicious (Thunderkick) 97.6%
- Devils Delight (NetEnt) 97.6%
- Esqueleto Explosivo (Thunderkick) 97.6%
Who Audits the RTP?
To prevent online casinos from lying about their RTP that it provides, casinos are audited by third-party agencies. This is due to RTP’s being under continuous scrutiny. There is also a range of organizations that have been given the task to audit online casinos to ensure that the RTP’s reported are legitimately true. To find out which agency had audited a particular site, there’ll usually be a certificate of approval located at the bottom of the screen. If you don’t see one listed, you can contact that casino’s customer service for further validity.
Let’s look into the following agencies used when auditing the RTP of high paying online casinos:
eCOGRA
The eCommerce Online Gaming Regulation and Assurance agency, better known as eCOGRA, is an auditing agency based in London that specializes in the standards of an organization and general player protection. eCOGRA was launched in 2003 as the first self-governing online gaming program and it issues certificates that indicate that an online casino has completed an audit and testing. For the top paying online casino to receive the eCOGRA Safe and Fair Seal it will need to conform to eGAP (eCOGRA’s Generally Accepted Practice) requirements.
GLI
Gaming Labs International is the gold standard when it comes to finding the highest payout casino games and online casinos. This agency focuses on certification and testing services within the iGaming industry, and it uses in-house software to evaluate and simulate every probable outcome in various games to accurately determine what the RTP will be. GLI will report on whether games are acceptable regarding the RTP it provides and it also operates via its subsidiary known as Technical Systems Testing (TST).
iTech Labs
Like eCOGRA and GLI, iTech Labs is a qualified testing agency that focuses on iGaming. This agency audits various casino games along with the RTP rates that are provided. iTech Labs also tests the general security of an online casino along with the RNGs.
Random number generators (RNGs) are a critical element of online casino games, because they provide the complete randomness necessary for the outcome of these chance-based digital games.
The highest payout online casinos will always be audited by one of the aforementioned testing agencies and we would recommend that you avoid signing up with any online platforms that don’t have a testing seal of approval.
Things to Understand About High Payout Online Casinos
While it might be exciting to have stumbled upon this information about high paying online casinos, there are a few things that you’ll need to understand about them. Just because the casino features a high RTP doesn’t mean that you’re guaranteed to win, it just means that when it does payout, the amount will be relatively higher than what’s offered by competitors. There is also a range of benefits apart from the obvious. The best paying casino online will usually also be the fastest payout online casino, which is relatively uncommon within the industry.
These casinos will also have decent welcome bonuses, but they’ll be nothing worth fussing over, hence the value is provided elsewhere. Overall, you can’t go wrong with a high payout online casino and it has to offer. The highest paying online casinos will provide you with the same gaming experience it’s only the payout portion of the experience that differs.
A Breakdown of the Top 5 Highest Paying Online Casinos
Jackpot City
Average RTP - 97.9%
JackpotCity Casino is a popular online casino favourite in Canada, offering top rated, safe, and secure gaming for over 20 years and is a great place for slot lovers. With over 630 games (400+ slots!), tasty bonuses and banking options that you’ll love, there’s no better choice than JackpotCity Canada! The best part? You can play desktop or mobile as it has been tailored specifically to your needs – making this an excellent online casino experience overall! For new players who join, JackpotCity offers a very generous welcomebonus up to CA$1600 to get you started.
SIGN UP TODAY + TAKE C$1600 WELCOME BONUS!
Genesis Casino
Average RTP - 99.2%
Genesis Casino has an average of 95% payout percentage among the casinos in Canada and has more than 99% RTP. Genesis Casino has a vast variety of over 1,300 fun and exciting games. With seamless payment methods, transparent terms, and iron tight security, you can begin playing and let the fun begin! Genesis Casino offers won’t disappoint and ensure you fun entertainment in the comfort of your home!
SIGN UP TODAY + TAKE C$1000 BONUS + 50 FREE SPINS!
Guts
Average RTP - 97.2%
With something for everyone, Guts offers hundreds of games to play – casino – live casino – sports, poker. They offer thousands of markets to bet on. There are countless tables to sit at.
Guts always puts their players first – with an amazing customer service team, available 24/7, there will be no hassle, no fine print, no complex offers, no hidden stuff.
Why not give Guts Casino a try with this great offer? You’ll get C$200 matched at 100% and 100 Free Spins on Book of Dead by Play’n Go. All you have to do is make your first deposit, which must be at least $10! The Free Spins will expire after 10 days so don’t wait too long before using them – they might run out fast because we’re only giving away ten per day (and no more than one extra).
SIGN UP TODAY + TAKE C$200 WELCOME BONUS!
Spin Casino
Average RTP - 98.3%
Spin Casino offers great online deals for players in Canada. In addition to accepting payment options like Interac and InstaDebit, Spin Casino has partnered with iDebit so that you can make transactions without worrying about conversion fees or currency exchange rate fluctuations!
Spin Casino is proud to offer gaming Canucks an array of more than 550+ top-tier online casino games: online slots, progressive jackpots, and casino table games such as blackjack, roulette, baccarat, and poker. All games are optimized for mobile play! The welcome bonus is extremely generous, your first deposit will be matched up to $400, and the following two are matched up to $300 each.
SIGN UP TODAY + TAKE C$1000 BONUS!
Casino Planet
Average RTP - 97.7%
Casino Planet is an online casino operated by Genesis Global Ltd. It was launched in 2020 and joins many other brands run by Genesis. But what makes Casino Planet stand out versus the rest of our new online casinos? Read our entire Casino Planet review for all the details.
Casino Planet knows exactly what you want. Every corner of the city has been specifically tailored with you in mind. Advanced technology and real time communication make this place your own playground.
Casino Planet is exploding with energy, technology, and colour. Click inside to see for yourself. Casino Planet offers around-the-clock customer support to ensure your safety so that you can focus on having fun and exploring this unique city of gaming.
SIGN UP TODAY + TAKEC$1500 BONUS + 50 FREE SPINS!
How We Review the Top Online Casinos in Canada
Bonuses: Online casinos use bonuses and promotions to attract players. We check to see what major bonuses and promotions a casino offers and whether they are worth a player’s time and money. Also, we check the bonus terms and conditions to ensure they are fair.
Software Providers: As experts in the casino industry, we know the top game casino software companies. we check the games and software featured on these casinos to determine which ones offer you the best games in terms of RTP and casino experience.
Payment Methods: The availability of various casino payment methods is vital when ranking a casino. The best online casinos should offer you both traditional and modern payment options. We also check the fees attached to each listed payment method.
User Experience: A casino needs to be easy to navigate for both novices and experienced players. It needs to be appealing to the eye, load fast, and have a speedy response. Nobody likes visiting a slow-loading website.
The Variety of Games: Another factor we consider is a casino’s game’s library. It has to offer players various game variations to choose from, including table games, live casino, slots, and video poker, among other games.
Licensing: With so many rogue casinos out there, we have to ensure that any platform we recommend is licensed by the right licensing body. This assures players of fair play.
FAQ
- Which casino game has the best payout?
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Mega Joker and Monopoly Big Event are the highest-paying casino games.
- Do online casinos pay real money?
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Yes, but this depends on what you’re playing and if you’re using real money.
- Which online casino best payout?
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Genesis has the best payouts with a rate of 99.2%.
- Do all casinos have the same payout speeds?
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No, it depends on the payment process and the banking methods that are used.
