Best Paying Online Casinos in Canada (September 2024)
Withdrawals are among the most essential to check when wagering at a new casino in Canada. Depending on the operator, you can experience fast or slow withdrawals with high or low limits. However, we all know that the best casino is one that pays out your winnings as soon as possible.
When betting at casinos, fast access to your winnings is crucial. That’s why we delve into the best paying online casino sites and how to use them. We examine and evaluate the top 10 casinos. We explore how to choose and rate them and the available bonuses and games.
Best Paying Online Casinos in September 2024
Just as we find the top $5 minimum deposit casinos, we also check out the best paying online casino in Canada. Part of our intensive review is looking at the welcome bonus and its terms, the payout times, and the available games. The following casinos stood out above the others during our reviews.
How to Choose the Best Paying Online Casino
You must do your research before choosing any old casino. We look at various factors you should consider before signing up at the best paying online casino.
- Check licensing: The first step is to check whether it holds a valid licence. Various licencing authorities are available, so see whether the casino lists one. This licence ensures an authorized gaming body regulates the site.
- Look for fair play certification: It’s always good to find a casino with a fair play certification. Independent testing agencies like eCOGRA and iTechLabs test the games to ensure fair RTPs and certified RNG software. Operators will often list these agencies in their footer to prove their authenticity.
- Assess bonuses and promotions: The best online casinos provide bonuses for new and existing Canadian players. Check the bonus terms and ensure they’re reasonable. Sometimes, a bonus can look good on the surface but have unrealistic wagering requirements.
- Review game selection: Explore the gaming lobby to see whether slots, table games, and live casino titles are available. The more games you find, the better your experience at the best paying casino online. Other game types to look for are crash games, bingo, scratch cards, and lottery titles.
- Evaluate payment methods: As you must deposit to play, you must check that multiple payment methods are available. See which methods are also valid for withdrawals and the casino’s transaction limits. It’s also critical you look for a casino with fast withdrawal speeds.
10 Best Online Casino Payouts in Canada - Detailed List
We examine the top 10 fastest payout casinos on our list to determine which are the best for each type of player.
1. Vulkan Vegas - Best Overall Casino
| 🎮 No. of Games: | 3,000 |
| 🥇 Winning Rate: | 96% |
| 🕒 Payout Time: | 5 Min to 7 Banking Days |
| 📱 Casino App: | iOS/Android |
| 📄 Licensed: | Yes |
Vulkan Vegas is among the best paying Canadian online casino sites. It boasts online casino apps for Android/iOS and several exclusive bonuses. This user-friendly platform provides multiple game categories.
2. ICE Casino - Best for Fast Withdrawals
| 🎮 No. of Games: | 3,500 |
| 🥇 Winning Rate: | 96% |
| 🕒 Payout Time: | 5 Minutes to 7 Days |
| 📱 Casino App: | Android/iOS |
| 📄 Licensed: | Yes |
ICE Casino has been operating for over a decade. It boasts over 3,500 games and exclusive features. Players can join the VIP Club or appear in the Hall of Fame as they play.
3. Oshi Casino - Best Games Selection
| 🎮 No. of Games: | 10,000 |
| 🥇 Winning Rate: | 96% |
| 🕒 Payout Time: | Instant to 5 Banking Days |
| 📱 Casino App: | No, mobile compatible |
| 📄 Licensed: | Yes |
Oshi Casino is another long-standing brand known for its massive game selection. While it doesn’t have a downloadable app, Canadian players can use the mobile browser to play games on their smartphones.
4. Gratowin - Best Customer Support
| 🎮 No. of Games: | 850 |
| 🥇 Winning Rate: | 96% |
| 🕒 Payout Time: | 2-10 Business Days |
| 📱 Casino App: | No, mobile compatible |
| 📄 Licensed: | Yes |
Gratowin Casino offers an easily navigable platform, with a sidebar providing instant access to essential sections. While it’s not the best paying out online casino we’ve seen, it’s still a worthwhile option.
5. ZetCasino - Best for Sports Betting
| 🎮 No. of Games: | ~ 5,000 |
| 🥇 Winning Rate: | 96% |
| 🕒 Payout Time: | 1-3 Business Days |
| 📱 Casino App: | No, mobile compatible |
| 📄 Licensed: | Yes |
ZetCasino is one of the best paying online casino platforms for Canadians. It offers a mobile website optimized for your smartphone/tablet. It also features a comprehensive sportsbook for players who like to make a sports wager between spinning reels.
6. Greatwin - Best Live Casino Lobby
| 🎮 No. of Games: | ~ 5,000 |
| 🥇 Winning Rate: | 96% |
| 🕒 Payout Time: | 1-3 Business Days |
| 📱 Casino App: | No, mobile compatible |
| 📄 Licensed: | Yes |
Greatwin might be a relatively young casino, but it’s one of the top live casinos. The VIP Club lets players buy spins and bonus funds and enjoy exclusive benefits. It boasts a solid live gaming selection.
7. Powbet - Best for Wagering on Jackpots
| 🎮 No. of Games: | ~ 5,000 |
| 🥇 Winning Rate: | 96% |
| 🕒 Payout Time: | 1-3 Business Days |
| 📱 Casino App: | No, mobile compatible |
| 📄 Licensed: | Yes |
Powbet boasts hundreds of jackpot slots. Players can make instant deposits and enact fast withdrawals within three days at this best paying online casino in Canada.
8. Casinoly - Best Loyalty Program
| 🎮 No. of Games: | ~ 5,000 |
| 🥇 Winning Rate: | 96% |
| 🕒 Payout Time: | 1-3 Business Days |
| 📱 Casino App: | No, mobile compatible |
| 📄 Licensed: | Yes |
Casinoly offers an impressive game selection and a fun VIP Club. Players can rebuild the Pantheon by earning coins, completing challenges, and depositing. The welcome bonus also provides up to 200 free spins.
9. Caxino - Best Selection of Responsible Gambling Tools
| 🎮 No. of Games: | 1,500 |
| 🥇 Winning Rate: | 96% |
| 🕒 Payout Time: | 1-3 Business Days |
| 📱 Casino App: | No, mobile compatible |
| 📄 Licensed: | Yes |
Caxino offers thousands of games for Canadians to try out. This casino has a colourful and appealing design with a collapsible sidebar menu. Further, its extensive casino guide helps new players get started.
10. Wheelz - Best Welcome Bonus
| 🎮 No. of Games: | 4,400 |
| 🥇 Winning Rate: | 96% |
| 🕒 Payout Time: | 1-3 Business Days |
| 📱 Casino App: | No, mobile compatible |
| 📄 Licensed: | Yes |
Wheelz offers the same automated casino platform for which its flagship brand, Wildz, is known. The casino offers a decent welcome bonus and daily rewards and while there is no dedicated app users can play directly from their mobile browser.
Highest Paying Casinos Compared
What is the best paying online casino? There’s no clear answer, as it’s practically impossible to calculate a casino’s payout rate accurately. However, we took a look at the fastest paying sites.
| Casino | Win Rate | Highest Paying Game | Payout Speed | Min Withdrawal Limit | Withdrawal Methods |
| Vulkan Vegas | 96% | Blood Suckers | 5 Minutes to 7 Days | $20 | Visa, Mastercard, AstroPay, Skrill, Neteller, MiFinity, Jeton |
| Jackpot City | 96% | Noble Sky | 1-3 Business Days | $50 | Interac, Visa, Mastercard, MuchBetter, Paysafecard, Cryptocurrency |
| ZetCasino | 96% | Ryse of the Mighty Gods | 1-3 Business Days | $30 | Visa, Mastercard, Payz, Interac, Skrill, Neteller, Paysafecard, Klarna, MiFinity, bank transfer, AstroPay, Cryptocurrency |
| ICE Casino | 96% | Book of 99 | 5 Minutes to 8 Days | No Limits | Visa, Mastercard, AstroPay, Skrill, Neteller, MiFinity, Trustly, Paysafe, Rapid, ecoPayz, Jeton, EPS, Giropay |
| Oshi Casino | 96% | Ryse of the Mighty Gods | Instant to 5 Banking Days | $20 | Interac, Bank Transfer, MiFinity, MuchBetter, ecoPayz, Jeton, Cryptocurrencies |
How We Rated the Best Paying Casinos in Canada
When rating the best fast paying online casino sites in Canada, we examine various aspects of the casino. Only after a thorough evaluation do we decide on the casino’s rating
- Payout rate: We look at what the payout rate for the casinos is. While it’s not an exact science, it can give us an idea of the casino’s reliability and how trustworthy the operator is.
- Convenience of payment methods: Most players want to have access to the most popular payment methods. We also look for ones which are available for both deposits and withdrawals, as it saves players time when withdrawing.
- Bonuses and promotions: Most players love casino bonuses, so we examine the offers in detail. We don’t let ourselves be swayed by a good-sounding bonus, as we also check the bonus terms. The wagering requirements should be reasonable, with a realistic expiry period and minimum deposit.
Which Casino Games Have the Best Winning Odds?
When looking at the top casinos, we also check out the best paying online casino games. Games have varying payouts, which you can find as the game’s RTP. While the RTP (return to player) is a theoretical percentage, it still gives you an idea of what to expect regarding the game’s payouts.
The RTP is the amount players can expect to win from a game over billions of spins or rounds. As such, it’s not an exact return you’ll receive while playing. However, it still shows whether its payout is higher or lower. Typically, table games tend to have higher RTPs than slots, though it varies depending on the game.
The following RTPs are the average percentages for the relevant game types.
| Game Type | RTP |
| Video Poker | 99.50% |
| Blackjack | 99.40% |
| Baccarat | 98.90% |
| Craps | 98.50% to 98.60% |
| Roulette | 94.70% to 97.30% |
| Slots | 96% |
Sign-up Bonuses at Online Casinos
Whether you’re playing at 1 dollar deposit casinos or $10 platforms, you can typically claim a welcome bonus. There are several types of offers, which we explore below:
- Match Deposit: The most common type is match deposit offers. These promotions typically offer a 100% bonus on your first deposit. There will be a maximum bonus amount and a minimum deposit requirement. Since you’re depositing to claim this offer, the wagering requirements generally fall between 30x and 45x.
- No Deposit Bonus: These offers are the most sought-after bonuses, as you don’t need to risk your bankroll to claim them. However, it’s often smaller than any other bonus and has higher wagering requirements. Players should also note that even the best paying online casino in Canada states that a deposit is required before you can withdraw winnings from a no deposit bonus.
- Free Spins: Free spins are the second most common registration bonus. By making your first deposit, you receive several free spins as a reward. The spins often have a set value of $0.10 to $0.20 and are only eligible on specific real money slots. To keep the money from spins you must deposit and fulfill the wagering requirements.
Tips for Maximizing Your Winning Probability at Online Casino
When you start playing the best paying online casino slots, there are a few tips you can follow to manage your bankroll better.
1. Carefully manage your bankroll
When using the best paying online casino in Canada, the most crucial thing is effectively managing your bankroll. Only spend funds you can afford to lose and know when to stop playing.
2. Play high RTP games
While RTP doesn’t refer to the exact return a slot will deliver, it indicates higher-paying slots over lower-paying ones. Playing high RTP slots makes you more likely to get slightly higher returns.
3. Check whether the bonuses are reasonable
Bonuses can be beneficial, but it's important to check that they come with reasonable terms. If the wagering requirements are too difficult to meet, you risk losing your winnings.
4. Keep a lookout for no deposit bonuses
No deposit bonuses are one of the best ways to boost your winnings. You don’t need to use your bankroll to claim them, though you might need to deposit to withdraw any winnings.
Disadvantages of Payout Percentages
While many players look for the best paying online casino there are some disadvantages you should consider.
Player Skills
Some games require some skill to play, which means that skilled players can slightly skew the winning rate in their favour. While it’s not foolproof, games like blackjack and poker have some strategies. However, it is important to note, that having a strategy doesn't equal guaranteed winnings.
Game Choice
Some games have better payouts than others. A casino’s payout percentage is, theoretically, the amount players bet at the casino versus the winnings it pays out. However, this is a theoretical calculation, and you shouldn’t expect to win 96% of the time you play. Some games, like roulette, will have lower RTPs at 94.70%, while others have higher ones near 99%.
Game Volatility
The game’s volatility affects the payout percentage. For example, a low volatility slot that provides frequent, small wins can have the same RTP as a game that pays out infrequently but in high amounts. These factors can all influence the overall payout percentage, which shows that it’s simply a theoretical percentage.
FAQ
Which casino has the fastest payout rate?
While Vulcan Vegas can pay out within five minutes, it also has a slow payout speed for higher withdrawals. We’re more likely to choose Oshi Casino, which features instant to five-day withdrawals. However, casinos like ZetCasino and Caxino are also good, as they pay out in one to three days.
What online casino pays out the most in Canada?
It’s almost impossible to judge which casino pays out the most in Canada accurately. Some will say it’s Jackpot City. However, most casinos prescribe to the average 96%, so we’ll say the best option is Wheelz. It has several high RTP slots, fast payout speeds, a user-friendly interface, and jackpots.
What is the most profitable online casino game?
The best paying online casino game has the highest RTP. Video poker and blackjack have the highest RTPs overall, though slots like Ryse of the Mighty Gods and Book of 99 can match them. Ryse of the Mighty Gods has a 99.1% RTP, while Book of 99’s has 99% RTP.
What is the average payout of slot games?
Online slots generally have an average RTP of 96%. Most consider anything lower than 94% or 93% low, while anything over 97% is high. However, jackpot slots have average RTPs ranging between 93% and 94% without it being considered low. Most players consider RTPs over 98% as very high.
This content is meant for those 19+ and is for informational purposes only. Some links on this page are affiliate links, and we may receive commissions from them; however, this does not constitute our approval or endorsement. Online casino gaming laws and regulations vary by jurisdiction and may not be permitted everywhere. It is your responsibility to ensure you comply with the laws and regulations applicable in your jurisdiction before participating in any such activities. We take no responsibility for your actions. Online casino gaming carries risks and can be addictive. Winnings are not guaranteed, and there is a possibility of losing all of your funds. Please play responsibly. If you or someone you know has a gambling problem, call the Problem Gambling Helpline at 1-866-531-2600.
