Recently updated on February 5th, 2023 at 05:13 pm

10 Best Paying Casinos Online 2023 in Canada

The best payout online casinos are the ones where the payouts on the casino games are the highest, and the house edge was the lowest. This percentage is determined by independent testing agencies like eCOGRA, iTech Labs, and TST. The agencies test the payouts on the casino games every month and publish the results on the casino website. Online Casino Operators who employ the services of these testing agencies can be easily checked for the payouts of their games. Still, there are many great casinos out there that simply don’t publish these results. In this article, we will show you the best payout casinos and what to look for at operators who don’t post monthly payouts.

Canada’s Best Payout Online Casino Sites Ranked:

Where to find the highest payout online casinos?

This is very easy. All you need to do is check the list above. We have a team of casino experts working around the clock to find the top payout casinos in the industry. It’s their job to check whether they are legit operators and if they meet the criteria to enter our best payout casinos.

Once you find a casino on our site that you like the rest is easy. All you need to do is click on the link and it will take you directly to the casino website. By following our link, you also opt in for any exclusive promotions that the casino has to offer.

Once you reach the casino all you need to do is hit the register button. Enter your email and personal details and your casino account will be ready.

After you log into your casino account you can make a deposit and play all of the casino games the operator has to offer.

RTP and payouts explained

The online casinos with best payout above ranked based on the payouts of the casino games for the previous month based on winnings and losses. The Return to Player (RTP) value is a sum of all of the payout percentages of all the casino games for the previous month. Usually, most testing agencies publish the results of the RTP value of certain categories of games. These usually include slots, table games, video poker, and live dealer games. Once they have the payouts for all of these categories, they come up with the average RTP value, which is the overall RTP value for that casino.

But you can easily see what the RTP is for each game’s category. At one casino the RTP can be higher for slots than it is for table games, see the highest paying slots 2023 here. So, at that operator, you are better off playing slots, than table games. At another operator, it can be the other way around. Based on the percentages you can determine which games to play to increase your chances of winning.

RTP at online vs brick and mortar casinos

One detail many players like to know is whether the RTP value is higher at online casinos or at brick-and-mortar ones. We can easily say that online casinos offer much better payouts compared to brick-and-mortar ones. At online casinos, the Average RTP value is 95%-97%, while brick and-mortar ones can be as low as 80% or less. This is simply due to the higher operating cost of Canadian land-based casinos. They have to buy the slot machines, set up tables, employ a big number of dealers and attendants, and have a physical site to set up the casino floor. At online casinos, the operating costs are much lower, so they can afford to operate on a much higher RTP level.

For you, as a player, this is great news. Not only do you have better chances of winning at online casinos, you can also enjoy the many perks they have to offer. One of the most attractive ones is bonus promotions. At every online casino, you can claim a bonus and increase your starting balance. This way you can play with higher bets and get much bigger payouts in return.

Independent testing agencies

As we mentioned earlier the average RTP value of the casino games and the casinos is determined by independent testing agencies. The most popular one in the world is eCOGRA, but there are several other reputable ones like iTEch Labs and Technical Systems Testing (TST). These agencies were formed as a means to prove that the casino games operators offer are fair when it comes to payouts. Every casino game has a predetermined RTP value and these agencies make sure that the value is actually met.

This is done by simply playing the game and logging the payouts and losses. Every casino game will eventually meet its RTP value after millions of spins. Once the agency proves that the RTP is met they can give it a seal of approval and you will know that the game is fair when it comes to payouts.

What to look out for at online casinos

Even if an online casino doesn’t employ the services of an independent testing agency you can still see whether it’s a good real money online casino or not. After all the best payout casinos are only the ones that have a high average RTP value. There are many other factors operators have to meet to earn a good reputation. Below we will explain the most important ones.

Valid operating license

A valid operating license is a must at every online casino, especially at those promoting themselves to be the best payout casinos. If an operator has a valid license you know that they are operating in a professional way and that they are a legit online casino. If you play at casinos that don’t have a valid operating license you run the risk of getting scammed. Also, if a dispute arises you can be sure that it will be resolved in a non-biased and professional manner. Some of the strongest operating licenses in the world are the UK Gambling Commission, the Malta Gaming Authority, as well as the Alcohol and Gaming Commission of Ontario. Before you join a casino make sure that they have at least one of these licenses on their website.

Fair Bonus promotions

If you decide to make a deposit at an online casino and claim a bonus it’s highly advisable to read through the bonus terms and make sure that they are fair. Start with the wagering requirements first. Make sure that they are as low as possible. You have a better chance of making a withdrawal at casinos where the wager is lower than at casinos where the wager is higher. The math is simple. You will need to place fewer bets overall to make a successful withdrawal. Also, check the maximum bet per spin limit. At most casinos when you play with a bonus it’s $5, but at some, it can be as low as $1 per spin. Once you’re happy with the bonus terms you can make a deposit and claim the bonus.

Speedy Payouts

Another thing to look out for is the payout timeframe. Today most online casinos offer speedy payouts where your withdrawal is usually processed within 12-24 hours. But at some operators, the payout timeframe can be several days. No player wants to wait that long for his withdrawal to be processed. It’s always better to get your winnings fast, so you can deposit and play at another casino, potentially making another withdrawal.

Straightforward account verification

Many players have encountered problems with account verification when making their first withdrawal. You can easily learn about the process at a specific casino by doing some research across gambling forums. If the verification is easy and straightforward you can freely play at that casino. But if you come across many negative comments, it’s better to play at some other casino and avoid the hassle.

Variety of casino games

It’s always better to play at casinos that have a rich offer of casino games. This way you can easily move from one game to another, or try games from different software providers. The more games you try the bigger the chances are that you will come across one that will pay big. Once you hit a big payout the road to a hefty withdrawal is much easier.

24/7 Customer Support

Having someone to talk to when you run into a problem is imperative when playing at online casinos. This is why it’s a good idea to play at operators which offer 24/7 live chat support. If you run into problems an operator will instantly come online and resolve the query. You won’t have to waste any time waiting for an answer and you can get back to playing the casino games right away.

FAQ

Can the casino affect the RTP of the games?

No, the RTP of a casino game is determined by the provider. The games are played on the provider server and the casino has no way to change the outcome. They are simply offering the games as they come from the provider company.

Are games with a higher RTP better than the ones with a lower one?

In theory, yes but there are many other factors that determine the outcome of the game. The RTP value is met only after millions of spins and in the meantime, it can be much higher or much lower, in shorter sessions.

Are all of the promoted online casinos with best payout legit?

Yes, all of the casinos we promote on our site are reputable operators. They are checked by our casino experts and they meet every criterion of the best payout casino. You can freely create an account from our links and play for real money.