Best Payout Online Casino Canada List for April 2024

What is payout rate and how it works? (video)

Best 10 payout casinos online for 2024

Which online casino has the easiest payout process?

Based on our experience, 888casino has the most straightforward payout process. The cashier is right where you expect it to be, and cashout requests are usually processed in less than 24 hours. The payout process is made even more effortless on the casino app.

Do online casinos really pay out?

You can rest assured as long as you’re playing at legit real money casinos. The casino will process your payout request in 1-2 days, provided it is based on fair gameplay.

What sets a high payout casino apart?

Best payout online casinos have an average Return to Player rate higher than 95.5%.

How are online casino payouts calculated?

Online casino payouts are calculated as an average of all available games’ payout rates:

• First, the game provider designs the game with a particular RTP percentage.
• Then, eCogra or a similar entity confirms this RTP through independent tests.
• An average is finally made of all values to obtain the casino’s payout rate.

Best payout online casino real money in Canada

JackpotCity Casino – Best RTP online casino Canada

Pros

• JackpotCity is licensed by the Malta Gaming Authority, which proves its legitimacy.
• Its diverse cashier correlates with high trust from payment processors.
• You can pay with the regular options, or choose unconventional methods like Flexepin, Neosurf or ecoPayz.
• You get to play 600+ slots, including Microgaming jackpots and Mega Moolah.
• The casino’s average payout rate is 97.85%, better than any other casino.

Cons

The casino has a restrictive bonus policy, which may make it more difficult to cashout your free bonus winnings.

Top 6 real money casinos that payout

Which Canadian online casino has the best payouts?

#1 – Spin Casino – best payout casino online Canada for slots

Pros

• Spin Casino provides a wide selection of 500+ high payout slots.
• It holds reliable licenses from the MGA and Kahnawake Gaming Commission.
• Your payments are usually processed in less than 48 hours, which is better than the average 1-3 days.
• Spin Casino bonuses are tailored to slots players’ needs, with more free spins than its competitors.
• You can install apps for iOS and Android and get quicker access to all slots on your phone.

Cons

• Withdrawals using debit cards might take longer than other payment methods (up to 7 days).
• Neteller and Instadebit are missing from the operator’s cashier.

#2 – 888casino – the best payout casino online with no withdrawal limit

Pros

• 888casino is a legit casino brand that operates in the most legally testing jurisdictions.
• It holds many licenses, including from the MGA, UKGC, Swedish and Romanian gaming institutions.
• The 1500+ slots, including 30+ jackpots, are well organized, so you can easily find what you want.
• You can pay with 8 different payment methods, and your payouts are processed in 1-2 days.
• There is no limit to how much you can withdraw monthly, while most casinos payout up to $5000.

Cons

No major performance issues will hinder your play, but the site’s design may feel outdated.

#3 – PlayOjo – best payout casino online that pays instantly

Pros

• PlayOjo is among the casinos with the highest slot payouts, with its top selection of 2000+ high RTP slots.
• ITech Labs test all games according to Malta LGA Remote Gaming regulations.
• Visa debit card users and e-wallet gamblers can benefit from instant cashouts.
• With a low processing time of up to 24 hours, you can expect to get your winnings on the same day.
• Apple mobile players can install an iOS-optimized app with a high 4.5/5 rating.
• Bonuses come with no wagering requirements for new and existing players, which is a rarity in the Canadian market.

Cons

You may only cash out up to $5000 monthly, although VIP players may get better thresholds.

What is the best casino app that pays real money?

LeoVegas – best payout online casino for mobile apps

Pros

• LeoVegas is the top choice for mobile gamblers for its dedicated app and many mobile-first features.
• The Apple app has a very high rating of 4.7/5, which proves the quality of the service.
• You get access to the entire library of 2000+ games on your smartphone.
• The promotional offering includes no deposit free spins and cash bonuses to use on high-payout slots like Book of Dead.

Cons

• The search function works flawlessly within the app, but you cannot use custom filters to sort your games.
• Although usually processed in up to 24 hours, payouts are limited to $5000 per month, and the minimum cashout is relatively high at $20.

Alternative

888casino is the better alternative for mobile gamers using Android smartphones. During our analysis for the best paying online casino app, we found that 888casino works better for Android devices like the Samsung Galaxy S22 we used.

No deposit bonuses at the best payout real money casinos

• JackpotCity Casino – 100 free spins, no deposit on Mega Diamond
• 888casino – 88 bonus spins
• Spin Casino – 100 free spins no deposit on Mystical Zodiac
• Wheelz – 20 bonus spins
• LeoVegas – 25 free spins, no deposit on Book of Dead

How we list no deposit casino bonuses

We pick our casino partners by legitimacy and only after thoroughly testing no deposit bonuses do we recommend them. We ensure they work as advertised by registering with real data and playing the bonuses to provide an extra layer of protection for Canadian players.

Some of these no deposit spins offers are exclusive deals we made for Canadians, optimized for what our players need: more free spins and better conditions.

Highest percentage payout slot machines ranked

Do online casinos have better odds for slots?

Yes. To put things into perspective, land-based casinos’ payout rates for slots is between 75-85%.

An average online casino pays at an average rate of 94%, while the best payout online casinos go over 95.5%. The newest slots sites we reviewed stand out with RTP rates greater than 96.7%.

Best payout online casino games to play for real money

Blackjack recommended games

• European Blackjack (Betsoft) –  99.34% payout rate
• Quantum Live Blackjack (Playtech) – 99.47% payout rate
• Live Blackjack (Evolution) – 99.29% payout

Before you pick and register for a Blackjack bonus, remember the differences between RNG and live games. For instance, some will contribute higher than others to your bonus conversion conditions.

Remember the 0.5% house edge is only attainable with a perfect strategy.

Baccarat titles to play

• Lightning Baccarat (Evolution) – 98.76% payout
• Live Punto Banco (Ezugi) – 98.94% payout
• Baccarat Pro (NetEnt) – 98.96% payout

Each platform in our listing of Baccarat online casinos has different types of Baccarat games available.

You may find names like Chemin de Fer, Punto Banco or Dragon Tiger grouped under the same category. They are essentially the same, with only minor differences that won’t affect your payout odds much.

Craps online casino picks

• Live Craps (Evolution) – 99.17% payout potential
• First Person Craps (Evolution) – 98.63% payout
• Craps (Playtech) – 99.53% payout rate

Craps does not rely on skill like other games do, but if you combine pass, don’t come and free odds bets in your betting routine, your theoretical chances for success are very high.

What casino game has the highest payout rate?

Blackjack is the casino game with the highest potential payout rate at 99.5%. Despite craps and video poker being close contenders, payouts in Blackjack depend more heavily on skill and inspired bet choices.

Play smarter with our Blackjack guides

If you want your strategy to work flawlessly and get a real return on investment, we get you up to speed with every special scenario and side bet in Blackjack:

• Blackjack surrender
• Blackjack insurance
• Blackjack split
• Blackjack decks
• Free bet blackjack
• Blackjack side bets

How to verify online casino payouts for yourself

We created an easy 3-step guide to help you filter the highest payout online casinos better.

Step 1: Check your casino’s game payout percentages

1. Login to your online casino, then scroll to the footer.
2. You should see a link for ‘Game RTP’ or ‘Slots payout percentages’. Click on that.
3. A long list or table with casino games and all slot payouts will open.

Step 2: Look up the agency that tests your casino’s games

At the bottom of the homepage a casino usually displays its certifications, software providers and licenses.

Look for the eCogra seal of approval, iTech Labs, or whatever testing institution you find. Alternatively, check the Terms and Conditions, Help, and FAQ pages.

Step 3: Check the payout reports

Click on the tester’s logo, and you should land on a payouts report page. All the games should be listed there, and you can calculate the casino’s payout with a basic average formula.

List of third-party game testing agencies

• eCogra
• Technical Systems Testing
• iTech Labs
• Gaming Labs International
• Gaming Associates
• NMi
• BMM Testlabs

How to choose the highest payout online casinos in 2024

1. Choose licensed casinos vetted by expert reviews
2. Verify your ID info as soon as possible
3. Claim verified no deposit bonuses and use them to test the platform
4. Check the casino’s payout testing partner and the payout reports
5. See if the platform allows game filtering by RTP and choose the best payout slots
6. Inspect the cashier and the fastest e-wallets for deposits and withdrawals
7. Read the payout terms and the general casino policy

Go for proven, legit casinos

We teach you how to test a platform’s legitimacy in our best real money casino listing. Choosing from that list is an excellent place to start if you want a reliable license along with top security features.

Use the no deposit bonus for testing the platform

You can ensure the casino pays out by claiming no deposit bonuses. Complete its wagering requirements, and you should be able to cash out the winnings.

Verify the casino payout rate

Apply our short guide and check the payout reports yourself. Prioritize eCogra as the top certification for RTP, but know that other agencies may also provide well-documented reports.

Look for the highest payout slots and casino games

It would be in your best interest to quickly scan the casino’s game list and see if you can play the high payout slots you want. Search for the highest payout percentage slots we recommend in our tables.

Make sure you have the right payment methods

If you want instant withdrawals, we recommend using a Visa Direct card or a fast e-wallet, but in the end it’s up to you. Make sure you have suitable payment methods to choose from when you play at the best payout online casinos.

Check all payout-related rules and terms

Every casino has a special section of Terms and Conditions relating to payments. The best online casinos that payout group this information into a payout policy that you should visit if you want to learn more about cashout speed, payment limits and fees.

Payment methods to use for the best online casino payouts

Best payment option to use

Visa cards and prepaid cards are the best for online casino payouts, with the sole condition that they have Visa Direct enabled. That way, you can indeed benefit from the best online casinos that payout fast.

Interac is Canadian players’ best alternative if you want convenient transaction limits.

How long does a casino withdrawal take?

Most online gambling sites process your withdrawal requests within 1-3 days, while at the best payout online casinos this period is shortened to a matter of hours.

Casino payout processing time vs payout speed per method

• Be aware that casino payout time differs from the payment processor’s payout time
• The former refers to how long the payout request takes to be processed by the casino staff
• The latter has to do with the actual time needed for your funds to be delivered to your bank or e-wallet account
• Both affect the total waiting time when you cash out your winnings

How we evaluate best payout casinos

We make sure our best paying online casinos are safe and legit so you play safely. What follows are the online casino payout testing criteria for this page.

License and casino security

We examine each casino’s reputation and licensing with a special eye for security features. We know the MGA and UKGC licenses promote safe and fair gambling through its regulations, and so we prioritize these licenses in our review process.

Proven fair gaming

We check the casino’s game selection and ensure the titles are fair by checking the slots’ providers and RTP and analyzing independent game testing reports.

It is not enough to display an eCogra logo. A casino must provide links to actual payout reports to prove its RNG games’ fairness and genuine randomness.

Reputable payment methods

Having a diversified cashier is a test of a casino’s legitimacy and further proof that it indeed pays out. Many reputable payment processors translate into a high degree of trust, which explains why we use this criterion.

If you choose from our best paying online casino list, you’ll find your preferred casino payment method in no time.

Convenient payout terms

To objectively determine the best online casino to win money, you must consider the casino’s payout processing speed and other cashout-related terms.

For our best payout online casinos listing, we ensure no hidden clauses or fees will undermine your cashout process.