Best Payout Online Casino – Highest Payout Online Casino in Canada for 2024

Finding the best payout online casino in Canada is no easy feat given the large number of gambling platforms available. Our team of online casino specialists has analyzed hundreds of sites and identified the ones that don’t just offer high payouts but also provide fast withdrawals, generous player bonuses, and a mobile-friendly user experience. Moreover, these top payout online casinos are available nationwide and licensed by reputable jurisdictions.

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150% up to $3,000 + 100 Free Spins

150% up to $3,000 + 100 Free Spins

  • Extensive banking options including eWallets and cards
  • Top-rated casino games from 25+ software providers
  • Weekly free spins and reload bonuses to claim
9.9
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150% up to $4,000 + 300 Free Spins

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  • 5,000+ games across slots, tables, fish games and more
  • Exclusive Bonus Crab game awards bonuses and spins
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The Best Payout Online Casinos in Canada 2024

Starting from the best payout online casino in Canada, you can view our team’s updated list of sites with high Return to Player (RTP) percentages.

  1. Jackpoty Best Payout Online Casino Overall.
  2. Cobra Casino – 96.4% Average Return to Player Percentage.
  3. Quickwin – Thousands of High RTP Online Slots.
  4. WinawinGood Choice of Crypto Games with High Payouts.
  5. WSM Casino Best Online Casino in Canada for Fast Payouts with Crypto.
  6. Lucky7Even Play High Payout Games on Android or iOS Mobile Apps.
  7. PowerPlay – Fast CAD Withdrawals with High Maximum Limits.
  8. Rooster.Bet – Demo Mode Across 3,000+ Slots and Crash Games.
  9. Powbet – Instant Payouts with 10+ Banking Options.
  10. TG.Casino – Low Minimum Payout Limits with Cryptocurrencies.

Best Online Casinos that Payout Reviewed

Find out why these best paying online casinos in Canada have made it on our top five list by reading through these reviews. In addition to explaining their key benefits, we’ve also included promo codes that you can use with your first deposits.

1. Jackpoty – Best Payout Online Casino Overall

  • Payout time: 0-24 hours
  • Established: 2022
  • License: Curacao
  • Headquarters: Curacao

Jackpoty Best Payout Online Casino in Canada

Our Verdict: 9/10

Our researchers have concluded that Jackpoty is the highest payout online casino in Canada and the best site for overall user experience. Based and licensed in Curacao, this site is operated by a well-known gambling site operator called Dama N.V. As a result, even though the site itself is fairly young, its features are in line with those offered by established platforms.

Jackpoty Casino offers over 5,000 virtual and live dealer games. The average RTP of all these games is 96.3%, a fairly high number considering that most games have percentages lower than 95%. This mobile-friendly site provides several search and filter options to help you choose your next game, and while filtering by RTP is not possible, choosing slots with the Bonus Buy feature is.

If you do win a payout, you can use a variety of CAD banking options to withdraw your funds quickly and for free. Jackpoty Casino also accepts cryptocurrency payments with low minimum and high maximum limits.

Features Overview:

  • Payout Percentage: 10/10
  • Payment Methods: 9/10
  • Casino: 9/10
  • Live Casino: 9/10
  • Promotions & Rewards: 9/10
  • Registration Process: 10/10
  • Mobile Experience: 9/10
  • Desktop Experience: 9/10
  • Customer Support: 10/10

Top Sign-Up Offer:

Offer Description Promo code Rollover Minimum deposit
Sign-Up Offer 100% up to $750 + 100 FS FDB500 60x $30

Pros

  • 96.3% average payout percentage
  • Accepts CAD and cryptocurrencies
  • 5,000+ virtual and live games
  • Free play mode on virtual games

Cons

  • No RTP game search option
  • $750 max CAD withdrawal limit

2. Cobra Casino – 96.4% Average Return to Player Percentage

  • Payout time: 0 – 5 days
  • Established: 2022
  • License: Curacao
  • Headquarters: Curacao

Cobra Casino Best Payout Online Casino in Canada

Our Verdict 9/10

Cobra Casino is a close second for the title of the best payout online casino in Canada. This site has an average Return to Player percentage of 96.4% which is based on the RTPs of over 5,000 games available on the platform. Numerous games have contributed to such a high payout percentage, including crash games that typically have an RTP of around 97%.

In addition to offering some of the best online casino payouts in Canada, Cobra Casino is home to a large number of jackpot games that feature high-value prizes. In partnership with several of its software providers, this site offers several networked progressive jackpots. It also features four exclusive jackpots that can drop on any eligible real money wager.

Cobra Casino lets you withdraw any payouts using bank cards, eWallets, wire transfers, or cryptocurrencies. This site does not charge any processing fees, so you’ll receive all your funds. However, third-party charges, such as crypto network fees, may still be charged.

Features Overview

  • Payout Percentage: 10/10
  • Payment Methods: 9/10
  • Casino: 9/10
  • Live Casino: 9/10
  • Promotions & Rewards: 9/10
  • Registration Process: 9/10
  • Mobile Experience: 9/10
  • Desktop Experience: 9/10
  • Customer Support: 8/10

Top Sign-Up Offer:

Offer Description Promo code Rollover Minimum deposit
Crypto Sign-Up Offer 100% up to 1.5BTC Not required 50x 0.0005BTC
CAD Sign-Up Offer 100% up to $2,000 + 250 free spins Not required 40x $30

Pros

  • Best payout casino online in Canada
  • Choice of new player bonuses
  • Mobile-friendly main website
  • No withdrawal operator charges

Cons

  • Cannot filter games by RTP
  • Ongoing promotions only for VIP players

3. Quickwin – Thousands of High RTP Online Slots

  • Payout time: 0 – 5 days
  • Established: 2023
  • License: Curacao
  • Headquarters: Curacao

Quickwin Best Payout Online Casino in Canada

Our Verdict 9/10

Quickwin Casino has partnered with several leading software providers, including Relax Gaming, Play’n Go, and Playtech, to offer thousands of fair and mobile-friendly games. As you browse through its game library, you’ll come across many of the best high RTP slots, including Book of 99 and Marching Legions.

In some countries, Quickwin has an RTP of 98.5%, one of the highest ever recorded. However, since the brand is unable to feature Evolution Gaming games, including ones produced by NetEnt, due to licensing restrictions, it is not the best payout casino in Canada. Nevertheless, with a CA RTP of 95.4%, this platform is still able to offer significantly high payouts.

Quickwin Casino complements its collection of high payout games with frequent tournaments. There are no entry fees to participate in these competitions and you could win bonus cash, free spins, or several other prizes if you’re at the top of the leaderboard by the time the tournament ends.

Features Overview

  • Payout Percentage: 9/10
  • Payment Methods: 9/10
  • Casino: 8/10
  • Live Casino: 8/10
  • Promotions & Rewards: 9/10
  • Registration Process: 9/10
  • Mobile Experience: 9/10
  • Desktop Experience: 9/10
  • Customer Support: 9/10

Top Sign-Up Offer:

Offer Description Promo code Rollover Minimum deposit
Sign-Up Offer 100% up to $750 + 200 free spins Not required 35x $30

Pros

  • Promotion featuring a Ferrari 488 Spider
  • Great choice of high RTP slots
  • $10,000 max withdrawal limit
  • Rewarding VIP Club

Cons

  • Lower RTP in Canada
  • No RTP search options

4. Winawin – Good Choice of Crypto Games with High Payouts

  • Payout time: 0 – 7 days
  • Established: 2023
  • License: Curacao
  • Headquarters: Curacao

Winawin Best Payout Online Casino in Canada

Our Verdict 9/10

Winawin is another best payout online casino in Canada featured on our list that’s operated by Dama N.V. Just like Jackpoty, this site gives players a wide selection of casino games and payment methods and rewards new and existing users with generous bonuses.

While Winawin Casino’s average RTP is lower than that of its sister site, a percentage of 96% is still well above the average. This site offers hundreds of games with exceptionally high return to player percentages, including crypto games that commonly have percentages in the range of 96% to 97.5%.

Winawin is also the best online casino in Canada for fast payouts, particularly with eWallets. Using Skrill, Neteller, Interac eTransfer, and other banking options, you can receive your funds almost instantly. Moreover, this site does not charge any operator processing fees, so you should receive your entire payout without any processing deductions.

Features Overview

  • Payout Percentage: 9/10
  • Payment Methods: 8/10
  • Casino: 8/10
  • Live Casino: 8/10
  • Promotions & Rewards: 9/10
  • Registration Process: 9/10
  • Mobile Experience: 9/10
  • Desktop Experience: 9/10
  • Customer Support: 9/10

Top Sign-Up Offer:

Offer Description Promo code Rollover Minimum deposit
Sign-Up Offer 100% up to $750 + 100 free spins WIN100 50x $30

Pros

  • Offers high RTP crypto games
  • $6,825 in welcome bonuses
  • Fast payouts with eWallets
  • Part of a reputable operator

Cons

  • Relatively high wagering requirements
  • Does not accept cryptocurrencies

5. WSM Casino – Best Online Casino in Canada for Fast Payouts with Crypto

  • Payout time: 0 – 24 hours
  • Established: 2023
  • License: Curacao
  • Headquarters: Curacao

WSM Casino Best Payout Online Casino in Canada

Our Verdict 9/10

Our top five list of the best payout casinos in Canada concludes with Wall Street Memes Casino. This site was launched towards the end of 2023 but has quickly gained traction thanks to its range of user features. WSM Casino is a crypto casino, so it does not accept CAD deposits. However, it offers an online exchange where you can buy crypto using a debit/credit card.

There are several benefits of using WSM Casino over a more traditional site. Since this platform operator does not need to charge high CAD processing fees, it can and does offer generous bonuses. New players can benefit from a $25,000 welcome offer while various WSM Casino bonuses are available for existing users.

WSM Casino also hosts a wide range of crypto and crash games with payout percentages of over 96%. If you’re fortunate enough to win a prize, you can use the site’s 10+ supported cryptocurrencies to withdraw your funds instantly and without paying any operator charges.

Features Overview

  • Payout Percentage: 9/10
  • Payment Methods: 8/10
  • Casino: 9/10
  • Live Casino: 9/10
  • Promotions & Rewards: 9/10
  • Registration Process: 10/10
  • Mobile Experience: 8/10
  • Desktop Experience: 8/10
  • Customer Support: 10/10

Top Sign-Up Offer:

Offer Description Promo code Rollover Minimum deposit
Sign-Up Offer 200% Rakeback up to $25,000 + up to 200 free spins Not Required 60x $30

Pros

  • High RTP crash and crypto games
  • Generous welcome bonus
  • 6,000+ virtual and live games
  • Fast crypto payouts

Cons

  • No CAD deposits
  • VPN access required for NetEnt slots

How We Rate the Best Online Casinos that Payout in Canada

To accurately rank the highest payout online casinos in Canada, our team of researchers analyzes a structured list of criteria. You can learn more about how we rate online gambling sites at Techopedia to understand our transparent and honest approach.

Highest Payout Online Casinos in Canada Compared

We’ve created the following comparison table to help you identify the highest payout online casino in Canada that’s best suited for you.

Casino Accepted Withdrawal Methods Minimum Withdrawal Limit Payout Times
Jackpoty Credit/debit cards, eWallets, Interac, bank transfers, cryptocurrencies $20 / 0.0001BTC 0 – 24 hours
Cobra Casino Credit/debit cards, eWallets, Interac, bank transfers, cryptocurrencies $20 / 0.0001BTC 0 – 7 days
Quickwin eWallets, cryptocurrencies, Interac $10 0 – 5 days
Winawin Debit/credit cards, eWallets, bank transfers, Interac $30 0 – 7 days
WSM Casino Cryptocurrencies 0.0002BTC 0 – 24 hours
Lucky7Even Debit/credit cards, eWallets, bank transfers, cryptocurrencies, Interac $30 / 0.002BTC 0 – 7 days
PowerPlay Credit/debit cards, eWallets, Interac $10 0 – 5 days
Rooster.Bet Interac, credit/debit cards, bank transfers, eWallets, cryptocurrencies $30 / 0.0004BTC 0 – 7 days
Powbet Interac, eWallets, cryptocurrencies $15 1 – 7 days
TG.Casino Cryptocurrencies 0.0002BTC 0 – 24 hours

How We Select the Best Paying Online Casinos in Canada

To determine which online casinos with the best payout should appear on our top list, our team of researchers checks a long list of characteristics. The following are the three most significant factors that help the team reach its conclusions.

Payout Percentage

All casino sites, including new online casinos in Canada, have an average payout percentage that’s based on the individual RTPs of every game available. The higher this percentage is, the more likely that games will pay out over the long term. Cobra Casino is the online casino with the highest payout rate and players are likely to win an average of $96.40 for every $100 wagered.

Fast Withdrawals

All the sites vying for the position of the best payout online casino for real money in Canada must be able to process and transfer withdrawals quickly. Jackpoty and other top online casinos in Canada make use of modern technologies to automate payout requests and speed up transfer times.

Game Variety

The best payout percentage online casinos offer extensive libraries featuring lots of games with high RTPs. Cobra Casino and other featured sites provide some of the best real money slots that have a calculated Return to Player percentage of 96% or higher. These percentages are based on thousands of rounds and are validated by independent test labs.

What Does The Payout Percentage Mean?

The payout percentage of an online casino is based on the Return to Player (RTP) percentages of its games. As a result, the best payout online casinos in Canada are the platforms that feature a large collection of high RTP games. To understand this payout percentage better, you need to understand a few important terms:

  • Return to Player Percentage – The RTP indicates what value of payouts a game is likely to provide over thousands of rounds. An RTP of 96%, for example, means that for every $100 wagered, a player is likely to get back $96. This value is set by the developer and verified by an independent test lab, and while it gives an indication, does not offer any guarantees.
  • Volatility – A game’s volatility indicates how frequent and valuable average payouts can be. A game with a higher volatility is likely to pay out less frequently than one with a lower volatility. However, payouts of a high volatility game are likely to be more valuable than those found in games with low volatility.
  • House Edge – The house edge is the mathematical advantage held by a casino for a specific game. Online casinos must turn a profit to stay in business, so a site’s revenue and its house edge are closely linked. This value is represented as a percentage and a house edge of 2.7% means that players are likely to lose $2.70 for every $100 wagered.

Best Slots With Highest Payouts

Online slots are a popular casino game category among players looking for high payouts. You can play thousands of slots in Canada at our featured best payout casinos, including the following:

Slot Provider RTP
Stone Hominid Dragoon Soft 99.54%
Greatest Circus Dragoon Soft 99.54%
Book of 99 Relax Gaming 99%
Mega Joker NetEnt 99%
Thrones of Persia Tom Horn Gaming 98.83%

Casino Games with Highest Payouts

Online slots are not the only casino games offering high payout percentages. When you join any of our recommended top payout casinos in Canada, you’ll also find the following games with high RTPs:

  • Triple Bonus Poker (99.95% RTP)
  • Single Deck Blackjack Pro (99.95% RTP)
  • Cash or Crash Live (99.59% RTP)
  • Jacks or Better (99.55% RTP)
  • Orbital Baccarat (99% RTP)

Jacks or Better Jackpoty Casino

High Payout Casino Bonuses

The best online casinos that payout provide some of the most generous casino bonuses in Canada. Below, you’ll find an overview of the top types of promotions and a table comparing the most popular welcome bonuses offered by our recommended sites.

Welcome BonusesOngoing PromotionsLoyalty Programs

Welcome Bonuses

As soon as you register your casino account you’ll become eligible for the site’s welcome offers. These bonuses are typically matched bonuses, but an online casino with the highest payout percentage might provide cashback, free spins bonuses, or other types of rewards. You can only claim these bonuses once per site so you should try to make the most of this offer.

Ongoing Promotions

Existing players can continue to unlock exciting rewards by participating in ongoing promotions. All the highest payout online casinos in Canada offer these rewards and you can claim them as often as you’d like as long as you adhere to the relevant terms and conditions. While most ongoing promotions provide bonus cash, some offer free spins or loyalty points instead.

Loyalty Programs

Many online casinos with the best payout reward their most active and loyal players with exclusive promotions. These platforms have loyalty programs or VIP Clubs where invited members can claim personalized rewards to use on their favorite games. To become a member, you’d normally need to wager or deposit a certain minimum value.

Welcome Bonuses at the Sites Offering the Best Online Casino Payouts

Casino Casino Bonus Promo Code Minimum Deposit Wagering Requirement Expiration Period
Jackpoty 100% up to $750 + 100 FS FDB500 $30 60x 7 days
Cobra Casino 100% up to 1.5BTC Not required 0.0005BTC 50x 7 days
Quickwin 100% up to $750 + 200 free spins Not required $30 35x 10 days
Winawin 100% up to $750 + 100 free spins WIN100 $30 50x 15 days
WSM Casino 200% Rakeback up to $25,000 + up to 200 free spins Not Required $30 60x 30 days
Lucky7Even 100% up to $750 + 50 free spins Not Required $30 40x 7 days
PowerPlay 100% up to $200 Not required $10 35x 30 days
Rooster.Bet 100% up to $1,000 + 100 free spins Not required $30 40x 3 days
Powbet 100% up to $750 + 200 free spins Not required $30 35x – 40x 10 days
TG.Casino 200% up to 10ETH Not Required $20 60x 30 days

How to Play at The Best Payout Online Casino in Canada

To join the best payout online casino for real money, you’ll need to register an account. Below, we’ve listed the steps that you should follow to join Jackpoty, though all the featured sites feature a similar sign-up process.

  1. Step 1: Register Your Jackpoty Casino Account

    Visit the Jackpoty Casino website and click ‘Sign Up’. Fill in the registration form as directed on-screen and click ‘Next’ to progress through the form.
    Step 1: Register Your Jackpoty Casino Account
  2. Step 2: Place a Deposit and Choose Your Reward

    Click ‘Deposit’ and select your banking option from the selection on the left-hand side. Provide your payment information as requested on-screen. Enter a valid Jackpoty Casino promo code and complete your first deposit. If you are using cryptocurrency to fund your account, you’ll see the appropriate wallet address to which to transfer your funds.
    Step 2: Place a Deposit and Choose Your Reward
  3. Step 3: Start Playing Online Casino Games

    As soon as your Jackpoty Casino is updated with your funds you can start playing your favorite games with real money. This site does not let you filter games by RTP, but you can use our top list to play games with high payout percentages.
    Step 3: Start Playing Online Casino Games

How to Get High and Fast Casino Payouts

Follow our top tips to make the most of the features offered by your chosen highest payout online casino in Canada.

Choose cryptocurrencies

By using Bitcoin, Ethereum, Litecoin, or other top cryptocurrencies, you’ll benefit from fast payouts with minimal delays. In addition, these coins and tokens are normally subject to the lowest minimum and highest maximum payout limits.

Verify your account beforehand

Many withdrawals are delayed simply because players have failed to properly verify their accounts. Licensed casino operators are legally bound to carry out due diligence to ensure that payments are genuine and, to do this, they first need players to prove their identity.

Play high RTP games

If you’re looking for a greater chance of winning casino payouts you should play high RTP slots, crash games, and table games. While high payout percentages don’t provide any guarantees, they are more likely to pay out than lower RTP games.

Avoid payouts on weekends

While your chosen best payout online casino in Canada might use entirely automated payout approval software, most platforms still depend on manual approvals. Since fewer staff members work on weekends, this could mean slower payouts on Saturdays, Sundays, and public holidays.

Common Mistakes to Avoid at a Highest Payout Online Casino in Canada

It’s important to be aware of the following mistakes when playing at the best online casinos that payout.

  • Choosing a costly payment method – Some payout options, such as bank transfers, can have high processing costs that reduce the value of your prize. Using cryptocurrencies or eWallets you’ll reduce or eliminate these fees and you’ll get to keep all your funds.
  • Playing progressive jackpot slots – While the allure of winning a high-value jackpot is undeniable, these games typically have low RTPs. Since the odds of winning a progressive jackpot are fairly low, you’d be better off playing high RTP games if you’re looking for better odds of winning.
  • Missing a casino’s welcome bonus – Casino bonuses provide you with a simple way to increase the value of your bankroll or play eligible games for free. Forgetting to claim a welcome bonus with your first deposit will result in you losing your eligibility for this precious and one-time offer.
  • Wagering more than you afford to lose – It’s important to remember that RTPs don’t offer any payout guarantees, so you should only wager funds that you can comfortably afford to lose. Following this and other safer gambling tips can help you enjoy the entertainment of casino games without the issues of problem gambling.

Best Payout Online Casino in Canada

Jackpoty Casino is the overall best payout online casino in Canada due to its combination of RTP, game variety, payment methods, and player bonuses. This Curacao-licensed site is available on mobile without the need to download any software and features thousands of fair and real money games. You can use CAD and various cryptocurrencies to fund your account and benefit from fast and free withdrawals with low minimum transfer limits.

FAQs

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Affiliate Disclosure: Techopedia may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. However, all our recommendations are unbiased and follow a thorough review process. Gambling can be addictive, please play responsibly and you must be at a legal gambling age.

Sergio Zammit

Sergio is casino expert writer with links to several online casino hubs. He has written extensively on this sector, particularly on blackjack, poker, and roulette. He joined Techopedia in 2023 and shares his expertise in numerous guides and reviews.