Best Paying Online Casinos Explained
There are many things to take into account when you want to play casino online for real money: casino’s license, game collection, choice of banking options to make deposits or withdrawals, availability of customer support. But the one important thing that is quite often forgotten by the players is the casino payout rates. We want you to get as much winnings as possible and play in the best payout online casinos in Canada only so here is the guide to the online casino payout from what it really is to how to find the casinos with the best payouts.
Figuring Out Casino Payout Percentage
So what does the payout percentage mean at all? Of course, every online casino in the world promises the huge winnings and jackpots from the first spin but in reality, we all know that it’s not the complete truth. When you play the games of skill like poker, your winnings depend on your knowledge and skills among other things. But when you play the games of chance like slots or blackjack, there is always the CHANCE. And the casino payout percentage means exactly how many chances to win you have when playing this very game in this very online casino.
We believe that your aim as a player is to find the best online casinos that payout more than the others so it’s very important to check this information before you make a real money deposit and start playing, even if the casino is luring you with the best online casino bonus of your life.
When it comes to finding the online casino payout percentages, it should be clearly stated on the casino’s front page (the best case) or at least in the casino’s Terms & Conditions section. If you can’t find any information about the casino payout rates in either of these places, you’d better skip this casino and pick one of the best paying online casinos from the list we provide as clear and understandable terms is the best sign of the reliable online gambling website and, in contrary, the absence of those means it could be a shady one.
5 Tips On Finding Casino With Good Payout Rates
There are many ways to find the best paying online casino with the easiest of them being choosing the one from our selection of the highest paying online casinos in Canada and in the world. But if you prefer doing your best to find the place to gamble by yourself, there are several tips on how to define the highest payout rate and tell the best payout online casino from the one that would keep the money hold. Here they are:
- Always check the casino’s reviews.
Luckily, the fans of online casino games are usually glad to share their experience about this or that casino or a specific game. Thus, you can avoid making your own mistakes and learn from the others’. The detailed reviews on the best payout casinos online for Canadians can be found on the topic-related forums or, as always, on our website.
- Look for the casino’s license.
There is nothing that shows the casino’s reliability as clear as the valid license issued by one of the internationally acclaimed licensing institutions like the UK Gambling Authority or the Malta Gaming Commission. The license doesn’t automatically promise the generous payout rate but at least it show that the casino is not planning any frauds on you.
- Take a look at the reports.
Today, there are special organisations that track and check the casinos’ payouts to define the best casino payouts and cut off the unreliable websites. We’ll talk about these organizations later in our guide but the thing is, you should always be able to find the reports and check how much money was paid out to the players by the casino before.
- Make a wise game choice.
To get the top online gambling payouts, it’s important not only to play in the top online casinos Canada but also to pick the games that give you more chances to win. Keep reading to learn what is going to bring you more winnings — the roulette reel or the deck of cards.
- Remember where you live.
Sometimes, the payout rates may vary depending on your geographical location as every territory has its own laws, taxes, and so on.
Who Reviews the Payout Rates?
The world does everything to make online gambling as safe for players as possible. Today, there are specific organizations whose duties are to review the casinos’ payout rates and define the highest payout casino online while keeping the players away from the websites that are not even close to the VIP online casinos with the best online casino payouts. Here is the top-3 of them:
- eCOGRA. It’s the independent e-commerce testing agency located in the United Kingdom. Established in 2003 and having numerous awards, the company has proved itself to be the industry leader when it comes to testing and approving both online casinos and other e-commerce services.
- GLI. As you can guess from the name, Gaming Labs International focuses strictly on testing and certification of gaming services. With its detailed and thoughtful standards, there is no way for even the average online casino to be approved — only the highest payout online casino can get the GLI seal of approval.
- iTech Labs. The last but not least testing company on the list is the iTech Labs that provide quality assurance of gambling and gaming products across Australia, Europe, and Asia. Its quality certificates are internationally renowned and if the casino can boast having it — you can bring your money there with no fear or doubts.
Highest Payout Casino Games List
When you found the Canada highest payout online casino sites using our list or the tips above, it’s time to choose the game that will more likely bring you the winnings. Yes, you’ve heard us right — some games have higher payout ratio than the others. Here is the list of the best paying online casino games highest to lowest that you can find in one of the online casinos with no deposit bonus from our list:
- Blackjack. It’s definitely one of the most popular card games in the modern online casinos and there are several reasons for it — it’s fun to play, it doesn’t need any special skills or knowledge and it has the highest payout ratio among all the online gambling games (as long as you play in in one of the online casinos with highest payouts). You can find all the best casinos with the blackjack games on our website or even play them for fun here and now.
- Craps. This might not be the most frequently played casino game and not every gambler even heard about it but it still has large payout rates and may be interesting and profitable to play, especially if you got bored of your usual online gambling routine and want to try something new. Craps is the dice game when your goal is to throw a dice and get the winning combination — easy as the ABC.
- Roulette. When we talk about casinos and casino games, the first thing that comes to mind is the big and loud casino hall with the fancy people gathered around the roulette wheel, drinking and shouting their bets out loud. Nevertheless, roulette games have average payout rate, a little less than blackjack and craps but still worth your attention, especially if you are not in the mood for learning new rules and want to just depend on your luck.
- Wheel of Fortune. Wheel of fortune is often mistaken for the roulette game but in reality, these are two different gambling products. While roulette still requires remembering a bit of rules and knowing the best betting strategies, in wheel of fortune you just need to hit the “spin” button and watch the wheel spinning and bringing you the winnings, the best online casino bonus or just nothing, depending on how lucky you are. The payout rate of this game is not the highest one so you’d better consider all the points and chances before making a deposit.
- Online Slots. Surprisingly, the most popular online gambling game — the real money slots — is at the same time the game with the lowest payout percentage. Of course, you can still win while spinning the reels of best payout online slots but your chances will be slightly lower than in roulette or blackjack. If you still want to play video slots but don’t want to lose your money, you can always play online slots for free with no registration right on our website.
What RTP Stands for?
When reading about the best Canadian online casino payouts, you may often come across the RTP abbreviation which is not clear for the gambling newbies. RTP stands for Return To Player, being the same term as the casino payout percentage. If you see that RTP of the game is 97%, it means that if you play a game 100 times with the 1$ bet on every round, you’ll get at least $97 back. Remember — the RTP information should be clearly stated in every online casino you are going to play in as it’s the sign of the casino’s reliability and safety.
Top 5 Highest Payout Online Casinos
And finally, here comes the last and the best part of this review — the list of the online casinos with the highest payouts, the casinos that you can pick with your eyes closed and be sure you and your money are safe and sound and the best online gambling experience is about to come. If this top payout online casino venues not enough for you and you’ve already tried all of the casinos, you can always come back later as our selection of online casinos is constantly updated with the new names having even bigger payouts.
- Jackpot City
- Ready to give 97.8% payout rate to every player;
- Offers up to $1600 welcome bonus on your first deposit;
- Huge set of games that includes poker, slots, blackjack, roulette, etc.
- Works perfectly on all kinds of mobile devices
- Royal Vegas
- The juicy 97.12% payout rate;
- A huge choice of deposit and withdrawal options;
- Up to $1200 free as a welcome bonus;
- Progressive jackpot as huge as almost $9000000 — bigger than anywhere!
- Spin Casino
- Provides the lucrative 96.95% payout percentage;
- Has the live-dealer option giving you the chance to feel the real casino vibes while staying at comfort of your own home;
- The welcome bonus is given for the first, second, and third deposits — you can get up to $1000 in total;
- Available in 5 languages, including Spanish and Portuguese.
- 96.8% payout ratio for all the casino’s clients;
- Special rewards and bonuses for loyal customers;
- Bitcoin deposits and withdrawals available;
- The unique Free Spins Waterfall feature — your chance to get a pack of free spins every day.
- Ruby Fortune
- The payout rate amounts to 96.16% — not the highest one but still good to play;
- The game collection counts more than 450 games of all kinds;
- Progressive jackpot games with the chance to win the $1000000 jackpot;
- Live dealer and mobile games — everything you need for the diverse online gambling experience.