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16 Best Payout Online Casinos in Canada in 2022: Ranked by Highest Payout Games, Bonuses & More

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Looking to max the chances of winning at Canadian online casinos? You’ll need to know the best payout online casinos in Canada based on their return to player percentages (RTP).

An RTP is only as good as the site you’re on though, which is why we’re also ranking our top online casinos for bonus ease, fast payouts, game variety, and much more.

Yes, we’ve determined the highest payout online casino but that’s just the beginning.

Let’s take a deeper look.

Best Payout Casinos in Canada

1. Spin Casino (97.10%) – Best Payout Online Casino Canada Overall


Pros: 

  • Over 450 casino games
  • Jackpots can reach north of $2 million
  • 97% average RTP on slots
  • Welcome bonus spread out over 3 deposits

Cons: 

  • Bonuses have high wagering requirements

Spin Casino is the best choice if you’re looking for high quality, high RTP slot machines in a reputable environment that dates back decades. Partnered with Microgaming, one of the world’s leading casino software providers today, this is a no-brainer number one.

Payment Options: 5 / 5

You can deposit funds using a credit card, debit card, or a variety of e-wallets and prepaid options.

You won’t find any cryptocurrencies accepted here, but given that there are over a dozen other payment providers on their banking page, you shouldn’t have any issues getting money on and off the site.

This should definitely please traditionalists who don’t quite trust Bitcoin yet, as it’s quite easy to move money using old-school banking options like e-checks.

Bonuses and rewards: 4 / 5

When you make your first deposit, you can get a 100% bonus match of up to $400. That bonus can balloon all the way up to $1000 if you keep adding funds, as they also match up to $300 on your next two deposits.

However, this site has a 70x wagering requirement, which is quite steep (the industry average is around 35x).

You’ll have to spend quite a bit of time on your favorite slot to earn the full bonus.

Game Selection: 4.5 / 5 

If you are looking for quality slots to play, Spin Casino is the place to be. The overall house edge is 2.90% with an average RTP of 97.10%, making it arguably the highest payout online casino in Canada on our list.

One of the most popular games here is “Wheel of Wishes” with a minimum jackpot of over $2,000,000.

If you get tired of slots, you can play 15 different types of blackjack or get social at one of their 47 live dealer tables.

They also have a bustling sportsbook that’s well-known for its eSports betting options, so you can place a few bets on your favorite CS:GO players if you like.

User Interface: 5 / 5

Spin Casino’s website has a modern user interface that is quite easy to navigate, while its white-and-pink color scheme is easy on the eyes.

The same goes for its app that Android and iOS users can download, so your gaming experience won’t suffer on your phone or tablet. This is easily one of the best mobile casinos in Canada.

Additionally, the games on the site are categorized neatly so it’s easy to look for your favorites or even discover new ones. This is an often-overlooked feature that can come in very handy when dealing with sites that have massive gaming catalogs.

2. Jackpot City (97.03%)  – Best Progressive Jackpot Selection of all High Payout Casinos in CA

jackpot city ca
Pros: 

  • Established reputation since 1998
  • Wide range of progressive jackpots
  • Over 350 online slots
  • Great banking options for Canadian players

Cons: 

  • Insufficient table games
  • High wagering requirements on the welcome bonus

Jackpot City has been around since 1998 and is now one of the most established casino sites in the gambling industry. Beyond its longevity, it’s primarily known for having some of the best progressive jackpots you’ll find online.

Payment Options: 5 / 5

There is no shortage of payment methods and banking options on offer here, so you can easily find the one that’s best for you. In fact, with 15 supported providers, the hardest part may be deciding which one to use first.

Some of its available deposit options include credit or debit cards like Visa and Mastercard, iDebit, Skrill, and Neteller. Canadian players also have Interac Online.

They go to great lengths to protect your financial information, and you may have to jump through a few hoops to verify your identity upon first getting started.

Expect faster than average withdrawal times between 24-48 hours.

Bonuses and rewards: 4.7 / 5

At Jackpot City Casino, all new players can get a 100% welcome bonus of up to $400. This is redeemable a total of four times for up to $1600 in bonus money.

On the other hand, if you’re an existing player, there are a variety of offers you can take advantage of like the midweek and weekend match bonuses.

However, like Spin Casino, the site has a 70x wagering requirement applicable to its bonus offers.

Note as well that the bonus amount you can get from these offers as an existing player will depend on your player status. To get to a higher status, the general rule is: the more you gamble, the more bonuses you can get.

Game Selection: 4 / 5

With over 500 online casino games, Jackpot City may not blow you away with their selection — but the limited number of games they do have are excellent.

Most of their top games are slots, including must-fall jackpots and other high RTP classics up to 97%. If you’re looking for top online casino payouts, progressive titles feature heavily here with some that could pay out in the millions.

Aside from a wide variety of slot machine games, you can enjoy other fun table games like blackjack, poker, baccarat, and roulette, as well as live casinos for games like “Deal or No Deal” or “Dream Catcher.”

User Interface: 4.1 / 5

The casino’s official website is very informative and has everything you need to know about the casino itself and the games that it offers. However, it’s laid out in a very slapdash manner, and it can be confusing and hard to read.

Also, the purple, white, and black color scheme isn’t the easiest on the eyes, and makes things unnecessarily hard to see. Still, it’s easy enough to navigate so you should be fine.

3. Royal Panda (96.94%) – Best Game Variety of any CA High Payout Online Casino

royal panda ca
Pros: 

  • 1500+ casino games on tap
  • Mobile app available
  • Weekly 50% deposit bonus
  • 17 different roulette tables

Cons: 

  • Average payout speed
  • Bonus must be earned off within 7 days

With over 1,500 games to choose from, Royal Panda Casino is the best choice for people who love to gamble but who get bored easily. You won’t soon run out of fresh titles to experiment with here, that’s for sure.

Payment Options: 3.9 / 5

The payment options here won’t wow you, but they shouldn’t leave you disappointed, either. Everything is fairly standard, with credit cards and e-wallets being well-represented. Interac and PaySafeCard are the top for Canadians.

What may disappoint you, however, is how long it takes to get your money off the site. It can take as long as 5 business days for players in Canada to receive their cashouts, which is slower than average.

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Bonuses and rewards: 4.6 / 5

The online casino offers a 100% match welcome bonus of up to C$1000. While that’s impressive enough, what’s even better is the wagering requirement in this casino for bonuses is only 35x.

There is some fine print, though (isn’t there always?). You have to earn that bonus within a week, or else you lose it, so be sure to clear your schedule after signing up.

Royal Panda has plenty of offers to their loyal customers too, like their automatic 5% reload bonus on every deposit (3x playthrough), slot leaderboards, and weekly profit boosts.

Game Selection: 4.8 / 5

You’ll find more than 1500 titles to enjoy here, so you could play a brand-new game every night if you like. However, they only work with 6 different software providers (many casinos have deals with dozens), so many of the games will look and feel very familiar.

The majority of the options here are slots (1110 or more), but the site also goes above and beyond to provide other games too.

There are more than a dozen roulette tables to explore, and 35 specialty games for when you’re in the mood for something out of the ordinary. It’s also one of the best blackjack sites with a ton of variations.

User Interface: 4.5 / 5

Royal Panda has a simple user interface and website design.

Its site is easy to navigate, but compared to the best online casinos in Canada today, we can say that the web design is a bit outdated.

Still, with easy navigation and a color scheme that is easy on the eyes, Royal Panda sits in a good spot.

4. Bodog (96.81%) – Best Payout Canadian Online Casino for Betting

Pros: 

  • Takes action on sports all over the world
  • Offers anonymous poker tables
  • Accepts cryptocurrencies
  • Low rollover on first deposit bonus
  • Offers educational materials for novices

Cons: 

  • No table/seat selection on game tables
  • No 24-7 live chat support

If you’re a sports betting enthusiast, Bodog Casino is a great bet. You’ll find odds for all sorts of events from all over the world here, and they even have a library of educational materials for those who are just getting their feet wet.

Beyond being one of the best online casinos and sportsbooks, it also boasts a thriving poker room with some of the biggest multi table tournaments in the world.

Payment Options: 4.5 / 5

Unlike many of the other sites on this list, Bodog accepts cryptocurrencies like Bitcoin, Litecoin, and Ethereum making it a great place for crypto bettors.

If you don’t want to dip into your Bitcoin wallet, though, you can still deposit using traditional methods like credit card, e-wallet, and Interac e-Transfer.

Do keep in mind though that credit cards cannot be withdrawn back to, so for this reason we recommend going with Interac or cryptocurrency.

Bonuses and rewards: 4.4 / 5

There are actually three different bonuses you can tap into here, as the sportsbook, casino, and poker room all have their own distinct offers – a well-rounded gambler’s dream.

The individual offers aren’t terribly impressive in and of themselves, as they’re all 100% deposit matches in the $500 range, but taken together they’re quite the bounty.

The casino offers a $600 first deposit bonus with 50 free spins with just a 25x rollover.

Game Selection: 4.4 / 5

As stated, Bodog is great for sports betting. They take action on just about every sport you can think of, from high-profile NFL games to NHL matches featuring all our favourite Canadian teams.

You should know, however, that they tend to post their lines a little later than many other sportsbooks, so you’ll have to be quicker on the draw than usual.

The poker room is also impressive, as it gets a good amount of traffic and has top-notch tourney action, including a monthly MTT with a million dollar prize pool.

Unfortunately, the table game selection isn’t as impressive, but you will find the standard variety of games like blackjack, roulette, and baccarat. There’s also a very respectable number of online slots with about 700.

User Interface: 4.6 / 5

The site is easy to navigate – players won’t be confused even if they’re new to the world of sports betting. Building a ticket is easy and intuitive, and even complete beginners should get the hang of it quickly.

There are also useful features available on the site like changing the sports odds display to your desired formats (American, decimal, and fractions), and more.

5. Cloudbet (95.98%) – Highest Crypto Payout Casino in Canada

cloudbet ca
Pros: 

  • Has 1,400+ online casino games
  • Massive deposit bonus with Bitcoin
  • Long list of about 20 accepted cryptocurrencies
  • Tons of provably fair games
  • Reload bonuses and free spins

Cons: 

  • No mobile app
  • No exclusive games

Cloudbet was one of the first few casinos and sportsbooks that allowed cryptocurrency transactions, so it’s long been at the forefront of the financial revolution.

Today, it is known as one of the most popular cryptocurrency gambling sites in Canada, and they’ve got some great reload promos you won’t find with their fiat cousins.

Payment Options: 4.7 / 5

While Cloudbet is a cryptocurrency casino site, you can also purchase tokens pegged to the US dollar using credit cards, debit cards, ApplePay and more.

Aside from BTC, ETH, BCH, and USDT, Cloudbet also accepts other altcoins like Ada, Shiba Inu, Litecoin, Dogecoin, Dash, USD Coin, and Paxos Standard Token.

Being a crypto casino, expect withdrawals to take just minutes.

Bonuses and rewards: 4.5 / 5

Cloudbet offers a 100% welcome bonus of up to 5 BTC or other crypto equivalent. On top of that, you can also gain loyalty points that let you earn BTC.

For every 800 points you earn, you can get 0.01 BTC on your account. However, loyalty points are only available to sports punters and crypto casino players, and the number of points you’ll get will depend on your player tier status.

We also love their Free Spins Tuesdays, 50% Feature Buy In (great for slots lovers), and Thursday Reload Bonus – if you’re looking for consistent play this is a fine choice.

Game Selection: 4.5 / 5

Cloudbet has over 1,400 casino games from trusted online casino software providers like Betsoft, Play’n GO, Genesis Gaming, and more. In fact, they do business with over 60 software providers, so their games will be quite varied and different.

Beyond the 1200+ slots, the big draw here is the 112 live dealer games, making it easily one of the best live casinos in Canada. You can definitely find a fun game and some lively conversation here, if that’s what you’ve been craving.

User Interface: 4.4 / 5

Cloudbet’s website features a dark theme which makes it easy on the eyes. It is also upfront and direct about the services they offer.

As soon as you get to the site, you’ll have to either login or create an account.

Once you’re in, you’ll be directed to the lobby where you can access all of Cloudbet’s services like casino, live casino, and sportsbook.

Compared to our other highest paying online casino sites, this may be a bit aggressive for those wanting to look around first, but it’s a great system to get running quickly.

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How We Selected the Best Online Payout Casinos in Canada

Payment Options

The first thing we looked at is the list of deposit and payout options available for each online casino in Canada, so players can decide which payment method works best for them. We’re also making sure to only rank fast payout casinos.

Bonuses and Rewards

Another factor we looked at is the bonuses and rewards at online casinos, which are a great way to hook attention, attract new users, and make them stay. Not only are we looking for big dollar numbers, but ones with reasonable rollovers so you can earn it off.

We’re also on the lookout for reload bonuses, free spins, and cash back as well.

Game Selection & High RTPs

Most players are pretty meticulous when it comes to game selection. We made sure that the online casinos listed above have a wide variety of online casino games, so that you can go for quite some time without getting bored.

User Interface

Let’s face it, we tend to judge online casinos based on how their website looks and works. The ones that made our list are Canadian online casino sites that we find easy to navigate and are packed with numerous features for an optimal gaming experience.

Related: Best online casino Canada

Best Payout Online Casino in Canada – FAQ

What does RTP mean in casino games?

Return To Player, or RTP, is the percentage of the payouts given out by a casino game. The higher the RTP is of a game, the higher the chance you have of winning.

When looking for the highest payout online casino, taking an average RTP of your favourite games (and ignoring the ones you won’t play) is the best policy to gauge.

Expect the highest payout casinos to have a 95% RTP or higher.

What is the average time for casino withdrawals in Canada?

The best online casino payout times clock in at around 1-3 business days to receive your money, depending on the payment provider you use.

You may find a few online casinos that issue payouts almost instantaneously, though this is usually for crypto withdrawals. If you’re using checks this can take upwards of 10 days to receive.

How do I know what are the best payout online casinos in Canada?

Often, online casinos put the list of payout percentages for every game. Even if they don’t, it’s a matter of a simple Google search of the title – the providers themselves make this information readily available.

They may also list the overall average payout percentage of the whole site.

What is considered an excellent payout rate?

Playing online casino games with the highest payouts is recommended, and you can start with games like slots and blackjack ranging from 97 to 99%. Meanwhile, a good payout rate from the best roulette sites Canada should be around 94 to 98.6%.

Comparing Each Best Payout Online Casino Canada Has to Offer

We’ve done a pretty deep dive to find out what the best payout online casino Canada is, but in the interest of expediting your selection process here’s a quick summary:

Spin Casino: Our best payout online casino has a reputation dating back decades, offers a handy four-tier deposit bonus, and has a 97% RTP on their top of the line slots menu. First deposit bonus is 100% up to $400, redeemable twice more up to $300 for $1000 total.

Jackpot City: There’s just a huge casino games list here, including over 1000 slots, that is better enjoyed with their weekly reload bonuses. A great place for progressive jackpot hunters. There’s a first deposit bonus of 100% up to $400, redeemable four times up to $1600.

Royal Panda: This is a great option for table games, especially roulette and blackjack. Players also appreciate their smooth downloadable app for mobile and tablet play. New players get a 100% match bonus up to $1000 with a lower than average 35x playthrough.

Bodog: All around online gambling enthusiasts will love this combination casino, sportsbook, and poker room. The online casino offers a 100% match up to $600 with 50 free spins thrown in – and a 15x rollover that’s the lowest we’ve seen at our best payout casinos.

Cloudbet: Crypto players can deposit using more than 20 cryptocurrencies here. There’s also a massive online casino games menu with over 1200 online slots, and arguably the best live dealer casino going. New players get a 100% deposit match up to 5 BTC.

Related: Best casino bonus Canada

How to Get Started at a Best Payout Online Casino Canada

Creating an account with an online casino is simple, though we’ll gladly take you through the steps using our best payout online casino in Canada: Spin Casino.

Step 1. Create Your Spin Casino Account

Click the pink ‘sign up’ button at the centre of the website’s homepage. This will take you to a new page, with a red box you can click if you’re new to the casino.

Create an account using a valid email address and a strong password.

Step 2. Confirm Your Email Address

You’ll receive an email with a confirmation link to verify your account. Click it to be redirected back to the casino.

Step 3. Make a Deposit

Click the ‘deposit’ button to complete a deposit, and you’re all set! Look for your favorite casino games and start playing.

Looking for the Best Payout Online Casinos in Canada?

We’ve done our due diligence in bringing you sites with the best online casino payouts, ranked for game variety, deposit flexibility, payout speed, bonus ease, and more.

Of our highest paying online casinos we’d recommend taking a stab at Spin Casino first, as they’ve got a rock solid reputation, some of the best jackpots going, and a huge live dealer casino offering to recreate that Vegas vacation.

That said, we’re sure any of our highest payout online casinos could be the right fit, depending on your unique needs as a player.

Whichever of these online casinos you decide on, we urge you to gamble responsibly.

DISCLAIMER: We would like to emphasize that gambling is risky and should not be used to resolve financial difficulties. The saying “the house always wins” is worth keeping in mind.

If you or someone you know has a gambling problem, we firmly advise you to call the Gamblers Anonymous at 1-626-960-3500 to speak with an expert about getting assistance and making gambling safer for you or your friends and loved ones. Remember that all gaming websites and instructions are intended for people aged 18 and above.

Some of the online casinos featured on our site may not be available in your location. Check your local regulations to see if internet gambling is permitted in your area. We share unbiased and reader-supported reviews; although we can get commissions for casinos featured in our site guides, that does not impact our ranking approach. We often endorse sites that we feel give the best pleasurable gaming experience.

Check out the following organizations for free gambling addiction resources:

 

The news and editorial staffs of the Bay Area News Group had no role in this post’s preparation.

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