Best Payout Online Casino: Canada's 5 Highest Paying Casinos (2024)

Online casinos in Canada offer a fun way to spend an evening and potentially earn real money. There are dozens of online casinos for you to choose from.

In fact, with so many gambling sites available, you might find it challenging to choose just one. The good news is that we have already found the best online casinos for you, so you won't have to spend your precious time searching for reliable service providers.

If you’re ready to try your luck, make sure to check out the list below. However, before making a deposit, don't forget to acquaint yourself with your local laws and regulations. Additionally, always be aware of your limits and play responsibly within your means.

With that in mind, we welcome you to the thrilling world of the best online casino sites for Canadian players!

The 5 Best Payout Online Casinos in Canada (2024)

By opting for one of the top-paying casinos, you increase your chances of success. The online casinos we've listed are all respected operators, renowned for their extensive experience, outstanding customer care, and diverse assortment of thrilling games.

No matter which casino you choose from our suggestions, you are likely to enjoy a fantastic experience!

#1. Jackpot City – The Best Payout Online Casino in Canada

Pros

• Over 400 slot games

• Founded way back in 1998

• A convenient mobile online casino app

• Friendly customer service, quick response time

• Regular bonuses for active players

Cons

• Limited variety of table and live dealer games

Payout Percentage

When it comes to progressive jackpots, Jackpot City is definitely the highest payout online casino in the country. It boasts an average payout percentage of over 97%.

Try your luck at winning one of the progressive jackpots in games like Mega Moolah or Wheel of Wishes. As an illustration of its high payouts, the current jackpot total at this casino is nearly CA$40,000,000, that’s something that not all of the best paying online casinos can offer.

Regarding payout speed, receiving your winnings may take up to 2 days, but Jackpot City usually processes payouts within 24 hours.

Casino Games Variety

Slot games are the main focus of Jackpot City. Out of nearly 500 online casino games, a little less than 400 are online slots. The regular addition of new casino games is always a positive aspect.

Some of its highest payout casino games include online blackjack, video poker, and a variety of live dealer games.

Jackpot City is not only one of the best online gambling sites, but it also features a mobile casino with a wide range of casino games available only on mobile devices.

While Jackpot City ranks among the best payout online casinos, it offers a limited variety of table games and live dealer options.

Consequently, it may not be the ideal choice for poker and blackjack enthusiasts. But you might not even notice that if you’re a fan of slot games. What does matter is the fact that this trustworthy online casino has been around for 15 years, and it has managed to become one of the best online casinos in Canada.

Promos and Casino Bonuses

The online casino offers 80 free spins to all new Canadian players. Also, don’t forget to take advantage of the deposit bonuses – you’ll get a 100% match bonus up to CA$400 with your first, second, third, and fourth deposit.

To qualify for a deposit bonus, you would have to make at least a CA$10 deposit.

Summary

A high payout percentage of 97.89% along with 24-hour withdrawals is exactly what makes Jackpot City the best payout online casino Canada has to offer.

Though you won’t find thousands of casino games on the website, it does feature all the classics which should be enough for anyone who just wants to play games and win some money.

#2. Spin Casino – One of the Most Popular Online Casinos in Canada

Pros

• More than 450 games

• 30+ reputable game providers

• Over 2 decades of experience

• Huge progressive jackpots

• A mobile casino application

Cons

• If Spin Casino had more regular promotions, it might have become the best payout online casino overall.

Payout Percentage

There are not that many online payout casinos with a payout rate higher than 97%. And Spin Casino is one of them.

The main features that make the payout percentage so high are huge progressive jackpots and online slots powered by NetEnt.

Casino Games Variety

Though some might think that a little over 450 casino games are not enough, it simply means that Spin Casino took its time to handpick the best available options.

This payout online casino is mainly known for its online slot machines (hence, the name), but it also has live casino games and plenty of other options.

Promos and Bonuses

For the players who sign up for the first time, Spin Casino offers an optional bonus deal that awards up to CA$1,000 in bonus credits across the first four deposits.

The high-payout online casino also offers daily bonuses. Furthermore, you can get a chance to spin the in-house bonus wheel for plenty of prizes (mainly, lots of free spins).

Summary

One of the highest payout casinos has an amazing payout speed – withdrawals typically take only 1-2 business days.

After taking the casino payout percentages, free spins, and the wide range of payment methods into consideration, you would definitely agree that Spin Casino is one of the best online Canadian casinos out there.

#3. PlayOJO – The Best Variety of Online Slots

Pros

• Over 3,000 (!) games

• Various rewards for those who play regularly

• 80 free spins on your first deposit

• No wagering requirements

• Dozens of live dealer games

Cons

• A lot of players would prefer a cash-based deposit bonus.

Payout Percentage

A 97% payout rate is quite impressive for an online casino that has thousands of different games.

There are also no annoying wagering requirements (what you win is yours to keep) and this best payout online casino allows you to use Canadian payment methods (like INTERAC, for example).

Casino Games Variety

When it comes to game variety, PlayOJO is not just an average online casino.

The over 3,000 online casino games include the greatest online slots (Book of Dead, Starburst, etc.), millionaire jackpots, live dealer games… In a nutshell, anything you can think of.

Promos and Casino Bonuses

If you join the casino online with at least a CA$10 deposit, you will get 80 free spins. PlayOJO does not offer standard bonuses as those are attached to bonus terms, and the casino does not want to make you meet wagering requirements.

You will also get to become part of Club OJO once you register which will allow you to take advantage of all the perks offered to loyal customers.

Summary

One of the best payout online casinos has no minimum withdrawal requirements and it has been created with fairness in mind.

Thousands of games are combined with no-wagering requirements, wonderful customer support, and total transparency. And if that’s what you value, then you might want to give this online casino in Canada a try.

#4. Ruby Fortune – Amazing Loyalty Program for Canadian Players

Pros

• Over 450 games

• A customizable gaming menu

• 20 years of experience

• A high-quality mobile casino

• Games from top software providers

• Great, round-the-clock customer support

Cons

• The CA$50 minimum withdrawal amount is not something that all the players would like. The payout speed is not ideal as well – it might take up to 96 hours to process the withdrawal request.

Payout Percentage

Ruby Fortune has one of the highest payout percentages – 97.49%.

Though there is a minimum withdrawal of CA$50, the casino offers a wide range of payment methods which slightly makes up for the limit.

Casino Games Variety

The majority of the games of one of the best paying online casinos are provided by Microgaming. So, you can expect top-level security and plenty of fun and creative online gambling options.

Only a handful of casino sites have a ‘favorite’ section that allows you to add your beloved games to your personal library for quick access. By the way, you also have the opportunity of testing out the games by playing with free money.

Promos and Bonuses

New players can qualify for a CA$750 welcome bonus. Furthermore, you can get 40 free spins for a $1 deposit.

By the way, when you sign up, you automatically become part of the VIP program at one of the best payout online casinos in Canada which means that you’ll earn reward points every time you bet money.

Summary

Ruby Fortune is one of the best payout casinos with free spins, high payout percentages, and an amazing customer support live chat with virtually no wait time.

They even allow you to test out the games with free money which makes it one of the most new-user-friendly payout casino sites on our list.

#5. 7Bit – Best Crypto Casino in Canada

Pros

• Nearly 4,700 games, including 7Bit exclusives

• 20 free spins for verifying your email

• Best payouts done in 10 (!) minutes

Cons

• 7Bit is mainly a crypto payout online casino. That’s why the bonuses for non-crypto users are not as generous.

Payout Percentage

Payout percentages are extremely high with this Canadian online casino. The RTP rate is 97% which is simply fantastic, considering the number of games.

The payout speed is also worth mentioning as the withdrawals are virtually instant.

Of course, in some cases, it might take the payment a few hours to get transferred successfully, but that rarely happens. This fact is definitely something that makes 7Bit one of the best online payout casinos.

Casino Games Variety

You’ll be able to enjoy high-quality table games and classic slots, as well as some exclusives. In fact, crypto-paying online casinos are known for their unique titles. So, you might want to give such an exclusive casino game as the Gold Rush Frog a try.

Promos and Casino Bonuses

7Bit is one out of not that many high-payout online casinos that offers a no-deposit bonus. All you would have to do to get 20 free spins is verify your email – that’s it!

The casino also offers various bonuses to loyal users, starting from level-up rewards and ending with tournaments and mystery prizes.

Additional Info

Even though 7Bit is a crypto online casino, crypto is not the only payment method. Credit and debit cards are accepted as well.

Do bear in mind, however, that you can cash out only using the same method you used to make the deposit.

How Did We Choose the Best Payout Canadian Online Casinos?

Pretty website designs cannot fool us. We tested out dozens of Canadian online casinos to find the best ones for you.

And though the interface is definitely an important factor to consider, there are a few other things that we took into consideration when compiling our list.

Variety of slot games

Of course, the majority of players already have a couple of favorite slot games that they prefer to play. However, you should still have a wide range of choices if you ever feel a bit more adventurous, or if you are just starting to dip your toes in the world of online casino games.

The actual number of various games is not the only factor that mattered.

The online casino also had to have reputable game developers as their partners (like Microgaming, for example). Such well-known partners indicate that the online casino is trustworthy and that the high payout casino games featured are of the highest industry standards.

We also wanted to make sure that the online casinos that we mentioned provided free games and demonstrations even to non-members. So that everyone gets a chance to evaluate what the website has to offer before making their first deposit.

RTP

We tried to include on our list only the online casinos in Canada that have a high average RTP to increase your chances of winning.

Promotions and bonuses

A welcome bonus, free spins, and chances in progressive jackpot slots – these are the perks that all players would be happy to take advantage of. The online casinos mentioned in the article offer all that, as well as fantastic deposit bonuses and real money prizes.

The top online casinos usually offer great bonuses for the first deposits and unique promotions for loyal members.

You should also keep an eye on the events held by the online casino. The largest players in the industry hold monthly and even weekly online events during which you might be able to receive free spins and various gifts.

User-friendliness

A well-made online casino site has to be intuitive and have an easy navigation process. Players should be able to find their favorite online slot games in only a few clicks.

Furthermore, the best payout casinos have to be able to fix any bugs or glitches in the shortest time frame.

Finally, all the online casinos in Canada that made it on our list have amazing customer support that can be reached at any hour of the day or night.

Why Is PlayOJO One of the Best Payout Casinos in Canada?

There are a few things that make PlayOJO an amazing choice for anyone who’s into online gambling.

The casino payout percentage is one of the highest among not only Canadian casinos but also worldwide. 97.82% is definitely a payout rate that’s hard to beat.

The online casino features 3,000+ titles from the best software studios including high payout online casino games. If there is a particular casino game that you like – you bet you’ll find it at PlayOJO.

As soon as you sign up, you will receive 80 free spins with no wagering requirements and extra strings attached.

Why Should I Opt for High-Payout Online Casinos in Canada?

If you decide to choose one of the options from our list of the best payout online casinos, you will maximize your chances of winning.

All of the highest payout online casinos feature huge progressive jackpots, free spins, and other generous bonuses for loyal players, and unbeatable payout percentages.

What Are Some of the Canadian Highest Payout Casino Games?

Though the majority of slots have an average RTP of about 95%, some highest payout casinos feature Ugga Bugga and Mega Joker – the highest RTP slot games in Canada with a payout rate of 99%.

Double bonus poker usually has a payout ratio of 99% and higher. You might also want to try your luck in blackjack and European roulette.

How Do I Discover the Best Canadian Online Casinos?

First, you have to understand the legislation. Make sure any casino that caught your eye operates legally in your province and is licensed by reputable regulatory bodies, such as Kahnawake Gaming Commission in Canada.

We have listed some of the best payout casino sites for you in this guide to save you from hours of research. They have the highest payout percentage, a high payout speed, plenty of bonuses like free spins, and amazing customer support.

So, instead of looking for the best online casino in Canada yourself, you might want to consult our highest-paying online casino list.

What Online Casino Has the Highest Payout Rate in Canada?

The best online casino payouts are usually the ones above 96%, so PlayOJO has the highest average payout percentage of 97.82%.

It is certainly challenging for an online casino in Canada to reach such a percentage as the majority of slots have an RTP rate between 80% and 96%.

However, there are slot games with a great payout rate that contribute to the overall percentage, as well as such high-payout games as roulette and blackjack, for example.

What Is RTP?

RTP stands for ‘return-to-player’. The percentage reflects the amount of real money the player can expect to receive back from the slot game in the long run.

If you have never played at an online casino before, then it is advised to go for the slot games that have a higher RTP as, in such a case, you will be able to expect a bigger portion of your bets returned in winnings.

A 97% return-to-player, for example, means that you might return CA$970 if you bet CA$10 a hundred times.

Do bear in mind, however, that the winnings are not guaranteed. But knowing the RTP might help you decide which online games are worth your time.

What Is the Fastest Payout Casino in Canada?

The fastest payout time at 7Bit at the moment is 7 minutes and 40 seconds!

Will I Receive My Winnings from High Payout Casinos?

Unfortunately, most online gambling sites are completely unreliable, and, of course, such ‘online casinos’ would never allow you to withdraw the money that you have won.

However, there are also quite a few fully-licensed Canadian online casinos. We can’t stress enough how important it is to choose a gambling site that has a license.

Licensed top payout casinos do not only keep all of your sensitive information secure, but they also usually have the highest payout rates of over 96% and allow you to choose the most convenient payment method, so that you can receive your winnings in the shortest time frame.

Such online casinos have decades of experience and take their reputation seriously. In fact, if the company were ever to scam its customers, the whole casino would lose its license.

Tips for Gambling Online at the Canadian High-Payout Casinos

If you manage to follow these pieces of advice, you will not only increase your chances of winning but also elevate your overall online gambling experience.

Always go through at least a few online casino reviews. Again, remember that a legit online casino would be fully licensed and the actual site would have a secure connection. These are the main things that can guarantee that you’re going to have a safe gambling experience.

Ideally, you would want to choose a high payout casino and play only the games that have an above-average RTP rate. Bear in mind that if the casino has an average 97% rate, that does not mean that every game will have the same percentage. So, you might want to look for the best payout casino games with the highest RTP (baccarat, blackjack, etc.).

Not that many slots have an RTP above 96%, but you can definitely take advantage of the free spins offered by the casinos.

Gamble responsibly. Think of online casinos as entertainment, not as a way to make money. Only play with the money that you can afford to lose and set a spending limit beforehand.

Ready to Give the Highest Paying Online Casinos in Canada a Go?

To sum up, we think that Jackpot City is the best paying online casino in Canada for 2024. This site offers the fastest payouts and the highest average RTP of 97.89%

Choosing one of the highest payout casinos would increase your chances of winning. And all the online casinos mentioned above are reputable service providers with years of experience, incredible customer support, and a variety of exciting games.

So, no matter what online casino from our list you decide to choose, you are most likely going to have a wonderful experience, as long as you manage to gamble responsibly.

This article features gambling sites intended exclusively for individuals aged 18 and above. Please note that availability may vary depending on your location due to certain online casinos not operating in all regions. We encourage you to verify your local laws to ensure the legality of online gambling in your area. We may earn a referral fee from a few of the online casinos mentioned in this review, but rest assured, this doesn't sway our opinions or assessments.

Should you or someone you care about be grappling with a gambling addiction, we urge you to consider the following resource for assistance:

https://www.begambleaware.org/

Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.