bonus icon Best Payout Casinos

What does it mean to be the Best Payout Casino in Canada? Different players will have different answers but we can group these into three distinct categories.

  1. Highest payout online casino
  2. Fastest paying online casino
  3. Slots with the best payouts

Here we will address what makes the highest payout and best paying online slots. For the fastest payout online casino in Canada, we have a whole page for that.

Highest Payout Online Casino in Canada

Top Payout Casinos July 2020
RankCasinoBonusVisitInfoReview
1
Genesis Genesis$1000 + 300 free spinsPlay now
  • Great casino with over 1300 games
  • Interac, iDebit, Instadebit & more
Genesis
5/5
2
Regent Casino Regent Casino$800 + 100 free spinsPlay now
  • Luxurious and stylish Casino brand
  • Stunning Live Dealer games offer
Regent Casino
4.5/5
3
Casino.com Casino.com$400 + 200 free spinsPlay now
  • Best place to play Playtech
  • Refer a Friend and get $50
Casino.com
5/5
4
Spin Casino Spin Casino$1000Play now
  • Spin Palace is now Spin Casino!
  • Modern table games and video slots
Spin Casino
5/5
5
MagicRed MagicRed$200 + 100 free spinsPlay now
  • Great list of games providers
  • Top promotions and VIP club
MagicRed
4/5
6
Royal Vegas Canada Royal Vegas Canada$1200Play now
  • 96%+ average payout on all games
  • Independently verified by eCogra
Royal Vegas Canada
4.5/5
7
LeoVegas LeoVegas$1000 + 200 free spinsPlay now
  • Canadian banking including Interac
  • Only 25x bonus wagering required!
LeoVegas
5/5
8
Ruby Fortune Ruby Fortune$750Play now
  • Fair, Safe, Easy and Fun Casino
  • Toll free 24/7 phone support
Ruby Fortune
4.5/5

The Best Payout Casinos

Trying out your luck in casinos that offer players high payout percentages ensures greater chances of winning. However, it is important to understand that different casinos offer players different payout percentages. So, you need to narrow down the list of casinos that offer a good percentage, which also means you will be able to play longer. In light of this, mentioned below are 5 of the best casinos that can provide you with one heck of a time.

  1. JackPot City
    An electrifying online casino, Jackpot City Canada provides players with a dazzling design that, providing you with a realistic experience with bright lights and the glamour of Las Vegas. JackPot City offers a total of 850 online games. Developed by Microgaming, being an online casino, it also enables players to play at live casino tables. The payout percentage the casino is 97.9.
  2. Betway Casino
    Betway Casino Canada is an increasingly popular online casino known for Bingo, sports betting as well as online poker. Launched in 2006, Betway has a total customer base of 2 million and its growing. The casino has a 97% payout rate.
  3. 888 Casino
    Powered by their own software as well as other suppliers, the casino enables players to access a broad range of games. The average player payout rate provided by 888 Casino games is 91.80%.
  4. Royal Vegas
    Royal Vegas Casino Canada is another snazzy and fun online casino established by the Fortune Lounge Group back in 2000. The casino is famous across the globe and is known for its high end features and entertainment. With a limitless range of games, the casino has a payout rate of 98.59%.
  5. Ruby Fortune
    With more than 650 online casino games, Ruby Fortune casino is considered a giant and is the running for best casino online. The average payout rate of the casino is 97.49%.

Published Casino RTPs

Most casinos do not publicly publish their RTPs so we cannot say for certain which of those casinos pay out the best. We do keep track of the casinos that do report RTP, in particular all eCOGRA casinos are required to publish their statistics monthly. If you go to any casino that has eCOGRA certification, you can see the latest report of payouts. They are broken out between All Games, Slot Games, Table Games and Poker Games. The payout percentage can be over 100% in any given month and that indicates they paid out more to players than they took in during that period. We go through the data during the review to help determine the highest paying online casino and how it affects our rankings.

eCOGRA RTP Jackpot City

The Best RTP Slots - Highest Payout Slots

The payout you are likely to get from a casino is entirely determined by the game you play. So let's take a look of the list of the top paying online slots available in Canada. Providers not available in Canada are not listed. Playtech has the most high paying online slots but you can find a few slots that payout over 97% from a variety of software suppliers. Casino table games generally have higher payouts associated with them.

ProviderSlot GameRTP %
PlaytechGoblin's Cave99.32
PlaytechUgga Bugga99.07
NetEntMega Joker99
PlaytechTropic Reels98.95
PlaytechCinerama98.94
PlaytechTriple Profits98.72
Thunderkick1429 Uncharted Seas98.5
NetEntBlood Suckers98
YggdrasilJokerizer98
BetsoftGood Girl Bad Girl97.79
PlaytechGolden Tour97.71
PlaytechAlien Hunter97.69
BetsoftWhoSpunIt97.64
BetsoftGypsy Rose97.63
MicrogamingHot Ink97.5
MicrogamingRetro Reels97.5
MicrogamingRetro Reels Extreme Heat97.5
BetsoftSafari Sam97.5
MicrogamingBikini Party (with re-spins)97.49
MicrogamingDragon Dance (with re-spins)97.49
MicrogamingReel Gems (with re-spins)97.49
MicrogamingWild Orient (with re-spins)97.49
MicrogamingCouch Potato97.43
BetsoftAt the Copa97.42
PlaytechJungle Boogie97.4
PlaytechAlchemist's Lab97.32
ThunderkickBørk the Berzerker97.3
PlaytechSultan's Fortune97.26
BetsoftGreedy Goblins97.2
PlaytechNeptune's Kingdom97.19
MicrogamingFroot Loot97.17
PlaytechDiamond Valley97.16
PlaytechFunky Monkey97.15
Play N GoRage to Riches97.12
ThunderkickToki Time97.1
BetsoftThe Tipsy Tourist97.1
NetEntJack Hammer 297.07
NetEntJack Hammer 2: Fishy Business97.07
NetEntSecrets of Atlantis97.07

Frequent Jackpots

Here we have three of the best jackpot games that offer players a high-hit level.

  • Jackpot Giant – A fun and highly exciting jackpot game developed by Playtech, Jackpot Giant is a 5 reels, 50 pay-lines slot and has a Return to Player average of 94.2%. However, this slot isn't recommended for high-rollers.
  • CashSplash – A famous slot game from Microgaming, CashSplash with multiple paylines enabling players to win big. The jackpot amount is awarded to the player that has 5 CashSplash symbols displayed on the 15th The RTP of this slot is 91.62%.
  • Funky Fruits – A fun and exhilarating slot game, Funky Fruits provides players with a chance to win x5000 your actual bet. The objective is to line up matching fruits adjacently. The RTP of the game is 93.97%.

Slot Volatility and How it Affects Payouts

Slot machine volatility generally refers to the percentage of risk attached to a particular game. It is often used to explain the frequency and the certainty of winning money during your sessions. You might have experienced a dry spell when it comes to slot machine games at casino, rarely winning it big. Similarly, these games could also provide you with a chance to win a lot of money in a considerably short amount of time.

This is known as high volatility. You can expect the opposite as a truism as well, there are slot that provide a low volatility percentage, which means more games, less wins. In this post TopOnlineCasino will elaborate on how the importance of volatility in casino games and the routes you can take to win big.

Casino Slots with Higher Volatility

In simpler terms, high volatility slot machines have an increased amount of risk attached. Why? Well, the payouts are large, but you don’t get to win a lot between games. At times, you could keep hitting the spin button and simultaneously see your balance go through the roof – sitting their disheartened with a drink in one hand and BAM – the constellation lines up and you’re drowning in money – and that makes everything worth it.

Low Volatility Slots

The opposite is also true. Low volatility slot machines have lesser risks attached. You’ve guessed it, the pay out from these machines aren’t big. However, you get to win more frequently and the games aren’t that boring. You end up winning small amounts of money with every three or perhaps four spins. You will also notice how time quickly flies by when you’re low volatility slot machines. BUT you should also understand that winning big isn't entirely out of the question here. It might just happen.

The Bottom Line

All in all, you could either take the high road and bet your money on an online slot game with high volatility or you could bet less and win less. The fact of the matter is it all boils down to your budget and personal preference. If you aren’t the patient type, low-volatile slot machines are the best option for you. Similarly, if you are a high-roller and don’t mind spending time spinning to win a huge jackpot, high volatility slot machines is what you want. As far as the best payout is concerned, you should focus on the individual game's RTP that you like playing or that you should look to play. Choosing games with over 97% RTP will result in a higher paying casino session. Table games often have the highest payouts but you can find plenty of high paying slot games to keep you busy.

Last Updated: June 15, 2020

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