Best Paying Online Casinos in Canada in 2024
Curious about which online casinos in Canada have the highest win rate or RTP? Check out CasinoRadar24 as we reveal our top picks for highest paying online casinos for Canadian gamblers.
Updated: June 10, 2024
Top 2024's Best Paying Online Casinos in Canada
At CasinoRadar24, out team has selected these top three high paying Casinos based on overall rating and the RTP they offer: 1. Spin Casino, 2. JackpotCity Casino, and 3. PlayOJO Casino that hold the leadership thanks to their superior payout percentages and quick payouts. If you are an experienced gambler and want to try something new and exciting, then we have made a list of hand-picked and tested Canadian casinos with remarkable RTP's and great features like fast payouts, wide range of payment methods and great variety of games to enjoy.
JackpotCity
WELCOME BONUS: C$1,600 + 100 FREE SPINS
Spin
WELCOME BONUS: 100% UP TO C$1,000
PlayOjo
WELCOME BONUS: NO WAGER 50 FREE SPINS
JackpotCity Casino: A High Payout Leader
JackpotCity Casino should be your top choice if you are a Canadian player looking for impressive payout rates that can increase your winnings. This online casino has a great selection of games provided by Microgaming, one of the leading game devs in the iGaming industry known for its high-quality and innovative games. JackpotCity casino operates under a license from the Ontario Gaming Commission and Kahnawake Gaming Commission, which adds a layer of trust and also means that players from both Ontario and other Canadian provinces can gamble at this online casino.
At CasinoRadar24, we like JackpotCity for its high return-to-player rate, great welcome bonuses, user-friendly interface, and the trust and safety it offers. Besides that, their portfolio includes a range of popular high payout games with fan-favorites like Retro Reels: Extreme Heat and Devil’s Delight. If you expect more than just high RTP's, JackpotCity Casino should be the first in your list.
Key features of JackpotCity Casino include:
| RTP | 98.65% |
| Wagering | from 35x to 200x; |
| Number of games | 400+ great games to enjoy, inlcuding slots and table games; |
| Progressive Jackpots | JackpotCity features some of the largest progressive jackpots available online; |
| Payment Options | Credit cards, e-wallets, bank transfers, and other methods - all tailored to Canadian players; |
| Live Dealer Games | You can enjoy a real-time games with live dealers. |
Spin Casino: Where Big Wins Await
Spin Casino is one of the top online casinos in Canada with high payout rates which mean better returns for you. You’ll find a variety of games, from high RTP slots to diverse table games, all within a safe and transparent gaming environment. Its user-friendly platform and excellent customer service make Spin Casino a reliable and enjoyable choice for your online gambling experience.
At CasinoRadar24, we like Spin Casino because it combines reliability, a wide selection of games, and high payout rates that improve your winning chances. The site's user-friendly design and full mobile compatibility make it accessible from anywhere, while its commitment to security and fair play reassures players. With great customer support and a trusted license, Spin Casino stands out as a top choice for Canadian gamblers.
Main features of Spin Casino:
| RTP | 97.46% |
| Games | 800+ games from top software developers like Microgaming and Evolution; |
| Payments | 1-3 days with various withdrawal methods like eCheck, Instadebit, Interac and more; |
| Popularity | Popular among both high rollers and casual players; |
| Wagering | Relatively low wagering - 35x. |
PlayOJO Casino: No Wagering Requirements
PlayOJO Casino stands out with its generous no wagering requirements policy for all welcome bonuses. What does this mean for you? Well, it means you get to keep all your bonus winnings, no strings attached! PlayOJO is licensed by Malta Gaming Authority and also regulated by the Alcohol Gaming Commission of Ontario (AGCO).
At CasinoRadar24, we really like PlayOJO Casino for its fresh approach to online gambling in Canada. They stand out with their no-wagering rule and they also offer cash back on every bet, whether you win or lose, increasing fairness and openness.
Main features of PlayOJO Casino include:
| RTP | 96.58% |
| Games | 4000+ games from top software developers like Microgaming and NetEnt; |
| Quick Deposits | All deposits at PlayOJO are instant; |
| Club OJO | An exclusive loyalty program that rewards players based on gameplay; |
| Wagering | No wagering requirements. |
Top Rated Canadian Online Casinos With High RTP
888 Casino
WELCOME BONUS: 88 FREE SPINS (NO DEPOSIT) + 100% UP TO C$1,000
National
WELCOME BONUS: C$1,500 + 150 FREE SPINS
Ruby Fortune
WELCOME BONUS: UP TO C$750 FOR NEW USERS
Playamo
WELCOME BONUS: C$1,500 + 150 FREE SPINS
BetVictor
WELCOME BONUS: C$1,200 + 50 FREE SPINS
Casumo
WELCOME BONUS: 100% UP TO C$2000 + 200 FREE SPINS
PowerUp
WELCOME BONUS: 100% UP TO C$1200 + 300 FREE SPINS
What Are Your Odds: RTP Explained
The payout percentage, also known as RTP (return-to-player), is the amount of money a casino pays back to players from what is bet, over time. This means a game with a higher RTP offers you a better chance of winning.
However, the RTP is not the only factor to consider when choosing an online casino where to play. Other factors, such as how often a game pays out (game volatility), the casino's advantage (house edge), and how quickly you receive your winnings (speed of payouts), also affect how much you might win.
Also it's worth noting, that RTP makes sense only if the casino is regulated and has a valid license. Many offshore or so called "gray" casinos do not stick to actual RTP rates they declare.
Simple RTP Examle
So, if a game’s RTP is 96%, that means that on average, for every $100 you wager, you can expect to get $96 back. However, this is a long-term average and actual results can vary in the short term.
The Best Casino Games for Big Payouts
If hitting those big paydays is your goal, focus on the slots and table games with the highest RTP (return to player) rates.
Classics like online blackjack, baccarat, and video poker often lead the pack with RTPs over 99.7%! But don’t overlook the slots - these quick games also offer great payouts, which is why they're a favorite among Canadian players.
Online slots are famous for their potential to hand out large winnings, mostly because of their high return to player percentages. Games with RTPs around 99% like Mega Joker and 98% like Blood Suckers attract players hoping to score big. Remember, a slot’s volatility affects how wins come about - high volatility slots might pay out less often but offer bigger wins, while low volatility slots pay more frequently but with smaller amounts.
Choosing games with a lower house edge, like blackjack or craps, can extend your playtime and increase your chances of ending up a winner when it’s all said and done.
Here's a List of Highest RTP Casino Games by CasinoRadar24
| # | Game | RTP | Provider |
|---|---|---|---|
| 1 | Mega Joker | 99% | NetEnt |
| 2 | Monopoly Big Event | 99% | Barcrest |
| 3 | Tropic Reels | 99% | PlayTech |
| 4 | Mega Joker | 99% | NetEnt |
| 5 | Jackpot 6000 | 98.80% | NetEnt |
| 6 | Uncharted Seas | 98.60% | Thunderkick |
| 7 | Joker Strike | 98% | Quickspin |
| 8 | Blood Suckers | 98% | NetEnt |
| 9 | Double Diamond | 98% | IGT |
| 10 | Rainbow Riches | 98% | Barcrest |
| 11 | Blood Sucker | 98.00% | NetEnt |
| 12 | Starmania | 97.90% | NextGen |
| 13 | Kings of Chicago | 97.80% | NetEnt |
| 14 | White Rabbit | 97.70% | Big Time Gaming |
| 15 | Medusa Megaways | 97.60% | NextGen |
| 16 | Reel Rush | 97.00% | NetEnt |
| 17 | Guns N' Roses | 97.00% | NetEnt |
| 18 | Immortal Romance | 96.90% | Microgaming |
| 19 | Blood Suckers 2 | 96.90% | NetEnt |
| 20 | Jimi Hendrix | 96.90% | NetEnt |
Our Tips How to Maximize Your Returns
You've got the lowdown on which games offer the biggest payouts and what those crucial RTP percentages really mean. But just playing the right games isn't enough—smart tactics in how you play can really boost your potential winnings.
A key strategy is to get good at managing your money. This means making your money last longer at the tables or slots. Here are a few top tips:
- Set a strict budget on what you can afford to lose, and stick to it no matter how tempting it might be to go over. Spending too much is a quick way to turn fun into a financial mess.
- Take advantage of promotions and bonuses, but always read the details first. Missing things like wagering requirements or time limits can make that extra money disappear quickly.
- Know when to call it quits. Set a loss limit or a win/loss goal to keep your bankroll from running out during a losing streak or even after a big win.
Mastering your bankroll gives you control and lets you get the most play out of every dollar. It's a total game-changer.
Expert Advice
Game Variety and Payouts: Some casino games give better payouts than others. To increase your chances of winning, find out which games at a casino have the highest payout percentages and focus on playing these games.
Smart Betting: Bankroll Management Essentials
Managing your money well is a must-have strategy for every player. It keeps your spending under control and stops you from betting too much impulsively. Here’s what you should do:
- Set betting limits that match what you can really afford and stick to them.
- Keep a hefty bankroll of 20-30 times your usual bet to handle the ups and downs.
- Use a stop-loss system to keep losses in check if you hit a bad streak.
- Never chase your losses by upping your bets—that’s a beginner’s error.
Stick to this system strictly, and you'll extend your playing time while keeping your bankroll safe.
Bonus Wisdom: Cashing In on Promotions
Casino bonuses and promotions can significantly boost your gameplay and potential winnings—if you use them smartly. But don’t just jump in—always check the terms, like wagering requirements and expiration dates, first.
Top online casinos offer loads of bonuses, from big welcome bonuses to free spins and reload bonuses. But you need to meet the wagering requirements by betting a specific amount before you can withdraw any winnings. Miss these requirements, and your bonus could vanish.
So, absolutely use those promotions to beef up your bankroll. Just keep an eye on the details to turn them into real cash windfalls.
Finding Your Perfect Payout Casino
Choosing the right high payout online casino can really shape your gambling experience. With so many sites competing for your attention, it’s important to know what to look for to ensure you're playing at a genuine venue that pays out winnings quickly and fairly.
Key Signs of a Quality High Payout Casino
When checking out potential casinos, watch for these important signs of a top-notch, high-paying site:
- High game RTP (return to player) rates across slots, table games, and more. Look for 96% or higher to boost your winning potential.
- A large, varied collection of games from reliable developers like NetEnt, Microgaming, and PlayTech. More games mean more chances to win bigger jackpots.
- A reputation for dependable and quick payouts to players all over the world.
Make sure any casino you choose is fully licensed and regulated in your area. This is vital for fair play and proper payouts.
Read the Fine Print
Besides meeting the basic criteria, it’s critical to read through the casino’s bonus terms and general conditions. These often-missed details can greatly affect your experience.
Be alert to tough requirements like high wagering demands or short time limits on bonuses and free play offers. There’s nothing worse than losing out on cashing winnings because you didn’t meet a wagering requirement. Watch out for casinos that set strict limits on bets, wins, and withdrawals, too.
Also, be wary of policies that limit withdrawals to only the payment method you used for deposits. You’ll want flexible options for cashing out big wins whenever you want.
Paying attention to the details like payment methods, security, and terms can make a huge difference in your casino experience. Do your research thoroughly, and you’ll avoid big headaches later on.
Important Tip
Look for Certified Casinos: Choose casinos that are certified by reputable authorities like eCOGRA, which ensures fair play and reliable payouts.
Getting Paid at Online Casinos
When you score big at an online casino, the last thing you want is trouble getting your winnings. Top casino sites get this and offer a variety of quick and safe payment methods to make sure you have a smooth withdrawal process.
Some of the handiest ways to cash out include:
- E-wallets like PayPal and Skrill for super-fast payouts.
- Debit/credit card withdrawals straight to your Visa or Mastercard.
- Bank transfers for added security.
- Interac, a simple choice popular among many Canadian players.
- Cryptocurrencies like Bitcoin for fast transactions and privacy.
Choosing the right payment method depends on what you prefer and the casino’s rules. E-wallets and cryptocurrencies usually offer the quickest processing times, while bank transfers might take a little longer to come through. Just be sure your preferred option is supported before you sign up.
Payment Preferences Across Canada
It’s interesting to note that online payment preferences can differ by region. Players in Ontario often go for debit/credit cards, while those in other provinces might prefer e-wallets or options like Interac. The best casino sites adjust their payment options to meet local preferences.
Progressive Jackpots: Chasing Life-Changing Wins
For those who dream big, there’s nothing like the thrill of chasing those life-changing progressive jackpot wins. These jackpots grow with every bet placed in the network until one lucky player hits the winning combo. Then, it resets to start building up to another massive prize.
Landing a huge progressive jackpot can be a game-changer. Sure, the stakes are high with such big potential payouts, but the chance to win big might just be worth a shot. Whether you’re aiming for a jackpot or just looking to play a little longer, smart money management is crucial. Set spending limits you can handle, and you’re all set to dream as big as you want.
How High Payouts Influence Risk-Taking in Gambling
There’s a strong psychological pull to the idea of winning big through gambling. The possibility of a life-changing payout can lead players to take bigger risks than usual. A lot of this is due to how our brains are wired. Just the chance of a huge win sets off a rush of dopamine and other feel-good chemicals, which can cloud our judgment and focus our thoughts only on the potential big reward and the thrill of the chase.
The random timing of wins keeps players gambling, hoping to hit it big. Even after losing streaks, the memory of a big win keeps the hope alive.
In the moment, taking bigger gambling risks in hopes of a jackpot doesn't have immediate downsides. Players can enjoy the thrill of higher stakes without immediately feeling the sting of losses.
This absence of instant consequences fuels a “why not take a chance?” attitude. Practical thoughts like managing your money and setting loss limits are pushed aside by the excitement of possibly hitting it big. We convince ourselves the risk is worth it for the chance of a major win.
However, this kind of risk-taking can lead to serious gambling problems over time. But in those moments of chasing a huge payout, none of the potential problems seem important. The draw is just that strong.
Responsible Gaming at High Payout Casinos
The thrill of chasing huge payouts can really get your heart racing, but keeping gaming responsible is a must. All legit online casinos in Canada make players set strict limits on how much they can deposit, lose, and how long they can play to promote safe habits. They also have self-exclusion programs that let you take a break from gambling if it starts to feel overwhelming.
Gambling should stay fun and not become a risk to your safety. Always gamble within a budget you can afford, stick to your set limits strictly, and avoid chasing losses. Always put your financial health first.
Regulation and Fairness in Canadian Online Casinos
Luckily, Canada’s strict regulations help keep online casinos honest. Legal gambling sites must:
- Protect customer data and banking details with top-level encryption.
- Use thorough identity checks to stop fraud and money laundering.
- Undergo frequent game audits and inspections by independent bodies.
Additionally, online casinos in Canada must clearly display the RTP rates for all games, so you know the odds before you even bet a dime.
Casinos that try to bend the rules or mislead players end up blacklisted. So, always play at licensed, regulated casinos to keep your gaming safe and fair.
Avoiding Low Payout Traps
While there are many great high-payout casinos in Canada, be wary of shady ones that draw you in with great promos only to have unfair payout rules. Watch out for these warning signs:
- Hidden, high wagering requirements or strict limits on wins and bets in the bonus terms.
- Lack of transparency about RTP rates for games.
- Unusually long delays in payouts or tough withdrawal rules.
Changes in software can also affect game RTPs, meaning a casino that was fair today might tighten up payouts later with certain games or software providers.
Always research a casino thoroughly before depositing to ensure the payouts are quick, fair, and clear. A bit of caution can save your bankroll from being stuck in a low-payout situation.