6 Best Payout Online Casinos - Highest Paying Casinos January 2023

You can kick off the New Year by playing at the best payout casinos in Canada. We continually track the highest-paying online casinos to help you win more. Casino sites with good RTP provide more games with high payout percentages than competitors.

Of course, our list can change from month to month as Canada online casinos get new games. There’s some change at the top, with Royal Panda now boasting the best return to player RTP for January 2023. You can see the rest of the list below, along with further info on these casinos.

🏆 Overall Best Payout Online Casino: Party Casino

💰 Highest Payout Online Casino: Royal Panda

⏩ Fastest Payout Casino: Neon 54

🎰 Highest Paying Slot Game: Book of 99

Established 1946

Total Slots The total number of online slot games available

Mobile Slot Providers

570

25

Total Slot Providers The number of different slot game software providers

Mobile Slot Games X The number of mobile slot games available

25

570

Visit Site

18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.

Established 2021

Total Slots The total number of online slot games available

Mobile Slot Providers

3925

62

Total Slot Providers The number of different slot game software providers

Mobile Slot Games X The number of mobile slot games available

62

3925

Visit Site

18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.

Established 1997

Total Slots The total number of online slot games available

Mobile Slot Providers

1445

9

Total Slot Providers The number of different slot game software providers

Mobile Slot Games X The number of mobile slot games available

9

540

Visit Site

19+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.

Established 2022

Total Slots The total number of online slot games available

Mobile Slot Providers

3000

84

Total Slot Providers The number of different slot game software providers

Mobile Slot Games X The number of mobile slot games available

84

950

Visit Site

18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.

Check Out: Best casino apps.

A Closer Look at the Top Payout Casinos:

• Payout Rate: 96.65%
• Payout Speed: 48-72 hours
• No. of Slot Games: 2,000+
• 5 Highest Paying Slots: 1492 Uncharted, Big Bad Wolf, Money Train 2, Razor Shark, Jammin’ Jars
• New Player Bonus: 100% match up to $1,000
• Types of Payment Methods Available: Credit cards, eWallets Interac
• Review: Royal Panda Casino

Royal Panda is our number one casino in terms of payouts, boasting 99.65% RTP this month. It features lots of high-paying online slots and table games. If you win big, you can look forward to withdrawal limits worth up to $50,000. Available payment methods here include Visa, Mastercard, Neteller, Skrill, EcoPayz, Interac, MuchBetter, Trustly and Zimpler.

Pros & Cons

100% up to $1200 + 50 Free Spins on Book of the Dead

Royal Panda Casino Review

VISIT SITE

18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.

• Payout Rate: 96.55%
• Payout Speed: 24 hours
• No. of Slot Games: 4,000+
• 5 Highest Paying Slots: Blood Suckers, Money Train 2, Moon Princess, Razor Shark, Reactoonz 2
• New Player Bonus: Up to $1,000 & 1 Bonus Crab
• Types of Payment Methods Available: Credit cards, eWallets
• Review: Neon54 Casino

Neon54 uses characters and an entertaining interface to liven up the experience. It also features unique bonuses, over 3,500 slots and quick payouts, with the latter often coming in under 24 hours. Available banking options at Neon54 include Mastercard, Neteller, Paysafecard, Skrill and Visa.

Pros & Cons

100% Welcome Bonus up to $750 + 100 Free Spins

Neon54 Casino Review

VISIT SITE

18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.

• Payout Rate: 96.5%
• Payout Speed: 48-72 hours
• No. of Slot Games: 1,400+
• 5 Highest Paying Slots: Book of 99, Immortal Romance, Big Bad Wolf, Curse of the Werewolf Megaways, Legacy of the Dead
• New Player Bonus: 100% match up to $500 + 200 free spins
• Types of Payment Methods Available: Credit cards, eWallets, gift cards, Interac
• Review: Party Casino

Party Casino is a well-established online casino that’s been running since 1997. It’s arguably Canada’s best all-around casino thanks to its many games, jackpots and payment methods. It offers over 1,400 slots, multimillion-dollar jackpots and 30+ banking options.

Pros & Cons

100% Welcome Bonus up to $500 + 120 Free Spins

Party Casino Review

VISIT SITE

19+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.

• Payout Rate: 96.4%
• Payout Speed: 48 hours
• No. of Slot Games: 4,000+
• 5 Highest Paying Slots: Mega Joker, Jackpot 6000, Blood Suckers, 1429 Uncharted Seas, Big Bad Wolf
• New Player Bonus: 100% match up to $750 + 200 free spins
• Types of Payment Methods Available: Credit cards, cryptocurrencies, eWallets, Interac
• Review: Great Win Casino

GreatWin Casino boasts a massive game selection with over 4,000 titles available. It somehow maintains a strong overall payout percentage amidst these many games at 96.4%. GreatWin accepts a wide variety of payment methods, including Bitcoin, Litecoin, Mastercard, Neteller, Skrill, Visa and more.

Pros & Cons

100% Welcome Bonus up to $750 + 200 Free Spins

Greatwin Casino Casino Review

VISIT SITE

18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.

• Payout Rate: 96.35%
• Payout Speed: 24-48 hours
• No. of Slot Games: 2,700+
• 5 Highest Paying Slots: Book of 99, Mega Joker, Jackpot 6000, Blood Suckers, Retro Reels Heat
• New Player Bonus: 100% match up to $1,000
• Types of Payment Methods Available: Credit cards, cryptocurrencies, eWallets, Interac
• Review: Casino Days

Casino Days provides a large game selection while using top developers like ELK, NetEnt and Thunderkick. It even features live lottery betting, which isn’t common at many Canada online casinos. You can fund a Casino Days account using a variety of cryptocurrencies and traditional banking methods.

Pros & Cons

100% Welcome Bonus up to $1,000 Cash + 100 Free Spins

Casino Days Casino Review

VISIT SITE

18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.

• Payout Rate: 96.30%
• Payout Speed: 24-48 hours
• No. of Slot Games: 500+
• 5 Highest Paying Slots: Blood Suckers, Good Girl Bad Girl, Dead or Alive, Jack Hammer 2, Sweet Bonanza
• New Player Bonus: Up to $4,250 + 1,800 free spins
• Types of Payment Methods Available: Credit cards, cryptocurrencies, eWallets
• Review: Winawin Casino

Offering up to $4,250 and 1,800 spins, Winawin has one of Canada’s biggest casino bonuses. It also features a VIP program that offers up to $57,000 for completing all missions. You can take advantage of Winawin’s bonus and VIP rewards by depositing with crypto or regular banking methods. These options include Bitcoin, EcoPayz, Ethereum, Interac, MiFinity, Mastercard, MuchBetter, Neosurf and Visa.

Pros & Cons

121% up to $300 + 21 spins just for joining courtesy of 21 casino

21 Casino Casino Review

VISIT SITE

18+. T&C Apply

Top Casino Payout Questions Answered:

What is a casino payout percentage and how is it calculated?

A casino’s payout percentage is the average amount the site returns to players from every wager they place. To calculate this figure, the RTP percentages of all available games are added together and averaged out.

How Do I Determine if a Casino has a Good Payout Percentage?

Generally speaking, a payout percentage of 95-96% is usually a good benchmark. The reason for this is that although slots can have RTPs of anywhere between 90% and 99%, the more consistent RTPs of table games typically stabilise that average somewhere in the middle. If you find a casino with a payout percentage higher than 96%, you’re doing well.

What is the Average Time for Payouts?

To calculate that average time for payouts, we look at a casino’s general processing time plus the transaction times for each individual method offered. When these numbers are evened out, a good mean is typically in the region of three business days. Generally speaking, eWallet methods are much faster than debut/credit cards or direct bank transfers.

What Factors Can Affect Payout Times?

While payout times typically differ from method to method and casino to casino, the biggest factor affecting them is KYC verification. When making a withdrawal, players must ensure they’ve provided all relevant identification details, otherwise their transaction may be held up.

What is Return to Player (RTP) in Relation to Casino Games?

The return to player percentage (RTP%) of a casino game is the amount that a particular title pays out for every bet placed over the long term. For example, a slot with a 98% RTP will return $98 on average from every $100 wagered. Note, however, that while all RTPs are less than 100%, hitting a jackpot can result in a player winning much more in the short term.

How Do I Check the RTP of a Casino Game?

The RTP percentages for most casino games are usually listed under the game rules or game information tabs. That being said, there are a small number of providers that don’t make their RTP figures public. For an easy overview of the ones that do, however, pages like this one and reviews at Gambling.com can cut out a lot of the time-consuming research.

Canadians have access to many high paying online slots, but the following games are the best regarding RTP. You should definitely consider these slots whenever you’re at the associated casinos.

Established 2019

100% Welcome Bonus up to C$1000 + 200 Free Spins

Visit Site

All Casino Games X The total number of casino games available

679

Mobile Slot Games X The number of mobile slot games available

591

Free Spins

200

Visit Site

19+. Min deposit $20. Wagering req. 35x. T&C Apply. Play Responsibly. This offer is not available for players residing in Ontario.

Established 2013

100% Welcome Bonus up to C$100 + 200 Free Spins

Visit Site

All Casino Games X The total number of casino games available

498

Mobile Slot Games X The number of mobile slot games available

247

Free Spins

200

Visit Site

19+. T&C Apply. Play Responsibly

Established 2015

121% up to $300 + 21 spins just for joining courtesy of 21 casino

Visit Site

All Casino Games X The total number of casino games available

2606

Mobile Slot Games X The number of mobile slot games available

2418

Free Spins

1000

Visit Site

18+. T&C Apply

Established 2015

100% up to $777 + 77 Free Spins

Visit Site

All Casino Games X The total number of casino games available

1551

Mobile Slot Games X The number of mobile slot games available

1358

Free Spins

77

Visit Site

18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.

Best Paying Casino Table Games

Table games already carry a reputation for being among the highest paying online casino games. Certain games stand out above the rest, though when it comes to payout percentages. Be on the lookout for the following 10 table games when you’re at the best payout Canada online casinos.

Bookmark this page

The world of online casinos is never standing still - and neither are we. We update this page every month to not only include the most exciting new casinos available to Canadian players, but also the hottest new releases and their RTPs. Understandably, developments like these have a significant bearing on our list of the best payout online casinos, so if you don’t want to be basing your decisions on old data, we strongly recommend that you bookmark this page for future use.

By doing so, you can track down the best payout rates currently offered by online casinos, plus the highest RTP% slots and where to find them. You’ll also learn about the latest slot and table game releases that have broken into the top 10 and what sort of returns they can offer to players.

Check our reviews

While this page provides an excellent overview of the best payout rates and return to player percentages, if you’re looking for something a little more detailed, you can’t go wrong with our in-depth casino reviews. The team here at Gambling.com have countless years of industry experience between them and have reviewed hundreds of online casinos already, meaning we know exactly what to look for when evaluating a brand.

Of course, if you’re just looking for payout rates and RTP%, you can skim to the relevant section of the review, but if you want to dive a little deeper, you’ll find everything from the welcome bonuses offered to info about casino payment methods.

Check RTPs

Before playing a game that’s not listed here at one of our recommended sites, it’s advisable to first check the RTP% so you know what you theoretically stand to win in the long term. In most cases, the easiest way to do this is to click the information button on the game display of your selected title.

This will typically take you to a new screen with details of everything from payouts and paylines to RTP% so you can see if the game is right for you. Failing that, most casino sites have a full breakdown of the games they offer and their RTPs located deep in their FAQs section.

Always check the fine print: T&Cs

When writing our reviews and pages like this one, we always check the T&Cs of a site and its games to make sure we’re not misrepresenting important data such as payout percentages and RTP%. Even though the information we provide has been double-checked for accuracy, it goes without saying that we’d always recommend players check the T&Cs and game information pages themselves, as sometimes operators can change their game mechanics at short notice.

By reading pages like this one, you’ll have already given yourself a real leg up in terms of how to maximise your winnings at best online casinos. However, if you’d like to hammer home your advantage and get the absolute most out of every bet placed, we’d recommend the following tips:

Tip #1: Play the top RTP games at the best payout casinos

While a casino’s payout rate is a good indicator of how much you should expect to receive back from your bets, it’s worth remembering that this is an average taken from all available games. In order to ensure you’re getting the top end of that payout range, you therefore need to actively seek out the slots and casino games that have the highest RTP percentage by using our lists.

Tip #2: Don’t confine yourself to just one online casino

As you will have noticed from our rundown of the top payout casinos in Canada, the games with the highest RTPs are pretty evenly spread out across multiple sites. As such, if you want to make sure you’re always playing the most generous slots and table games available, you’re going to need to make accounts on multiple platforms. Of course, doing so comes with another benefit.

Tip #3: Use welcome bonuses to make your money go further

Whenever you sign up at a new online casino site, you’ll be eligible to claim a promotional welcome offer. With these typically entitling you to a percentage match bonus on your first deposit and other extras like free spins, they can be a great way to help stretch your budget further. These casino bonuses all come with T&Cs attached, so be sure to check them out before claiming.

Tip #4: Keep an eye out for new releases with high RTPs

Software developers aren’t stupid when it comes to knowing what customers want. With many players seeking to stretch their bankrolls as far as possible by playing only the games with the best RTP, there’s something of an arms race between studios to release games with higher and higher percentages. As such, whenever a new release comes out, be sure to check out its stats.

Tip #5: Allocate your budget and exercise smart bankroll management

Even with the highest RTPs available, you’re always going to be at a slight disadvantage against the house in the long run. As such, it’s important to be clever with how you manage your bankroll. It goes without saying that you should set yourself stop-loss limits so you don’t spend more than you can afford, but you can also look into how you allocate your budget by dedicating a portion of it to playing high-variance games that trade low RTPs for huge potential payouts.

Ontario launched its regulated online gambling market in April 2022. Since then, many new online casinos have come calling in this lucrative market. They must acquire licensing and operate within the bounds of Ontario online casino gaming laws. Therefore, you can expect a safe and entertaining experience when playing at these casinos via desktop or online casino apps.

Of course, not all Ontario online casino sites are equal regarding payout percentages. Some offer higher overall return to player (RTP) than the competition when factoring in all of their casino games. You can discover the 5 best payout casinos in Ontario below.

Top Best Payout Ontario Casinos at a Glance

The Ontario gaming market is filled with quality online casinos. However, you may want more than just quality and seek the highest-paying ON gaming sites. If so, you can see the six best payout Ontario casinos of November 2022. We’ve thoroughly sampled many games at these casino sites to come up with composite return to player (RTP) figures. You have the best chance of finding high-paying games at these casinos.

🏆 Overall Best Payout Online Casino: Party Casino

🎰 Highest Payout Online Casino: Royal Panda

⏩ Fastest Payout Casino: PokerStars

💰 Highest Paying Slot Game: Book of 99 (99.0% RTP)

Top 6 Best Payout Ontario Casinos Compared

A Closer Look to Highest Payout Online Casinos in Ontario

The following top Ontario payout online casinos have the best overall return to player (RTP) for January 2023. You can read more about these ON casinos below, including their games, payments and other offerings.

'Take the Panda by the Paw' at Royal Panda Casino

Royal Panda Casino Review

VISIT SITE

19+. T&C Apply. Play Responsibly

1. Royal Panda Casino

• 💸 Payout Rate: 96.60% RTP
• 💳 Payment Methods: Visa, Mastercard, Neteller, Skrill, Interac, EcoPayz, MuchBetter, Paysafecard, Zimpler
• 🎲 No of Casino Games: 3,000+
• 🃏 Types of Casino Games: Slots, table games, live-dealer games, scratchcards
• 🎰 Other Products Available: Casino, sportsbook
• ⭐ Ontario Review: Royal Panda Casino

Royal Panda offers one of the largest game varieties in the Ontario market with over 3,000 games. Roughly 2,800 online slots make up a large portion of this selection. You’ll be able to enjoy the hottest slot games and latest titles thanks to this variety. Despite its large selection, Royal Panda still manages to offer the Ontario market’s best payout percentages at 96.6%.

Mobile Friendly Casino with Jackpots, Tournaments & 24/7 Support

Party Casino Review

VISIT SITE

19+. T&C Apply. Play Responsibly

2. Party Casino

• 💸 Payout Rate: 96.55%
• 💳 Payment Methods: Interac, Neteller, Skrill, Visa, Mastercard
• 🎲 No of Casino Games: 1,300+
• 🃏 Types of Casino Games: Slots, table games, live-dealer games, scratchcards, slingo, virtual sports
• 🎰 Other Products Available: Casino, poker, sportsbook
• ⭐ Ontario Review: Party Casino

Established in 1997, Party Casino is one of the gaming industry’s oldest and most-trusted names. It banks on more than just its history, though, with a great selection of jackpot games. Party offers some of the biggest jackpot slots, like Melon Madness, Gladiator, and Mega Moolah. It has over 1,300 games overall and Ontario’s second-highest RTP at 96.55%.





Full Instant Play Platform, Seamless Withdrawals, 24/7 Customer Support
BetVictor Casino Review
VISIT SITE
19+. T&Cs apply. Please Play Responsibly. ConnexOntario.ca. BetVictor operates pursuant to an agreement with iGaming Ontario.

3. BetVictor Casino

• 💸 Payout Rate: 96.45%
• 💳 Payment Methods: Neteller, Skrill, EntroPay, PayPal, Paysafecard, Interact, EntroPay
• 🎲 No of Casino Games: 700+
• 🃏 Types of Casino Games: Slots, table games, live-dealer games
• 🎰 Other Products Available: Casino, sportsbook
• ⭐ Ontario Review: BetVictor Casino

Having been a bookmaker since 1946, BetVictor draws the most attention for its sportsbook. It has a pretty good Ontario online casino too, with more than 700 games available. You can get started with these games for as little as a $5 minimum deposit.





Discover Exclusive 'PokerStars Originals' Games
PokerStars Casino Review
VISIT SITE
19+. T&C Apply. Play Responsibly

4. PokerStars Casino

• 💸 Payout Rate: 96.4%
• 💳 Payment Methods: Apple Pay, Interac, Visa, Mastercard, EcoPayz, InstaDebit, MuchBetter, Neosurf, Paysafecard
• 🎲 No of Casino Games: 1,400+
• 🃏 Types of Casino Games: Slots, table games, bingo, live-dealer games, scratchcards
• 🎰 Other Products Available: Casino, poker, sportsbook
• ⭐ Ontario Review: PokerStars Casino

PokerStars made its name in online poker, but it now runs a solid online casino too. Its Ontario Casino offers a large game selection with over 1,400 titles. Stars Casino is one of the industry’s best in the payments department. It offers eight banking methods and delivers payouts within 0-5 business days.





Slick User Interface, Awesome Selection of Games, Excellent Customer Support
Lucky Days Casino Review
VISIT SITE
19+. T&C Apply. Play Responsibly

5. Lucky Days Casino

• 💸 Payout Rate: 96.35%
• 💳 Payment Methods: Bank transfer, EcoPayz, iDebit, InstaDebit, Interac, Mastercard, MuchBetter, Paysafecard, Visa
• 🎲 No of Casino Games: 2,500+
• 🃏 Types of Casino Games: Slots, live-dealer games, scratch cards, table games
• 🎰 Other Products Available: Casino
• ⭐ Ontario Review: Lucky Days

Lucky Days Ontario excels in multiple areas, including game variety, RTP (96.35%) and payment methods. It offers over 2,500 games with a nice mixture of online slots and live-dealer tables. Lucky Days Casino features the most payment methods as well with nine total.





PointsBet Casino has a smooth app and quality games including video poker & slots
PointsBet CA Casino Review
VISIT SITE

6. PointsBet Casino

• 💸 Payout Rate: 96.3%
• 💳 Payment Methods: Bank transfer, Interac, PayNearMe, PayPal, Visa, Mastercard
• 🎲 No of Casino Games: 250+
• 🃏 Types of Casino Games: Slots, table games, live-dealer games
• 🎰 Other Products Available: Casino, sportsbook
• ⭐ Ontario Review: PointsBet Casino

Known for its innovative “PointsBetting,” PointsBet Ontario runs an online casino in addition to its sportsbook. The PointsBet ON Casino app is really smooth, offering fast-loading pages and seamless gameplay. This quality app helps you quickly navigate between games, make payments and collect winnings.





Important Factors for Ontario Casino Payouts

The two main factors of importance regarding Ontario casino payouts include RTP and receiving winnings afterward. You can read more about each of these crucial factors below.

Casino’s Payout Percentage Explained

As you may know, RTP refers to how much a game pays back over time. An online slot with 96.5% RTP, for example, will pay $96.50 for every $100 wagered on average. Meanwhile, an online casino’s payout percentage indicates its overall RTP when including all games. For instance, a casino with 96.3% RTP will pay back $96.30 for every $100 wagered on the typical game.

Of course, you should always look at a game’s info screen to get the exact payout percentage. But an online casino with good overall RTP will offer more high-paying games on average.

How the Ontario Casino Payout Works

Your chances of winning money are higher at the best payout Ontario online casinos. Therefore, you want reliable withdrawal methods at your chosen gaming site.

The first matter of importance involves picking a casino with banking options you like. If you want to deposit with eWallets, for example, you’ll need to find a Neteller, Skrill and/or PayPal casino. Secondly, you should seek online casinos with reasonably fast payments. 1-5 business days is the average payout time, while anything shorter than this time frame is good.

Highest Paying Casino Games

Different types of casino games vary from each other regarding payout percentages. You can see common RTP figures for Ontario’s main game categories below.

🏅 Blackjack: 98.6% - 99.7% Average RTP

Online blackjack is the highest-paying game in the Ontario market. Its payout percentages top out at 99.7%, which almost puts you on equal footing with the house. Some Ontario online blackjack games do have under 99% RTP, though, so you’ll want to check the info screen beforehand.

🏅 Baccarat: 98.76% - 98.94% Average RTP

Baccarat is a simple table game with two worthwhile betting options: the banker hand or the player hand. The banker and player wagers offer 98.94% and 98.76% RTP, respectively. This game also has a tie wager (85.64% RTP) and side bets, none of which feature good payout percentages.

🏅 Roulette: 94.74% - 97.30% Average RTP

Ontarioonline roulette comes in two forms, including the American and European versions. You’ll definitely want to choose European roulette due to its 97.30% RTP. American roulette, by contrast, offers much worse RTP at 94.74%.

🏅 Online Slots: 95.0% - 96.5% Average RTP

Online slots in Ontario vary greatly in terms of payout percentages. Some of these games pay back as little as 95%, while most are closer to a 96%-96.5% range. Relax Gaming’s Book of 99 takes the cake with a whopping 99% RTP.


Mobile Friendly Casino with Jackpots, Tournaments & 24/7 Support
Party Casino Review
VISIT SITE
19+. T&C Apply. Play Responsibly

Tips to Choosing a Top-Paying Ontario Online Casino

RTP is an excellent place to start on the search for the best Ontario casino payouts. But you should also keep other factors in mind, including the following tips.

Tip #1 - Check that the Casino is licensed in Ontario

Legal Ontario online casinos have licensing with the province’s Alcohol and Gaming Commission. An “iGaming Ontario” logo on the website often indicates this licensing. By following this tip, you can avoid playing at shady offshore casinos.

Tip #2 - Consider the Casino’s Payout Percentage, Speed and Payment Options

In addition to RTP, casino payment methods and withdrawal speed are also crucial. The latter two factors ensure that you get your winnings quicker.

Tip #3 - Play Games with High RTP

Simply finding an Ontario online casino with high payback is only the first step. You need to follow through by also choosing the best-paying ON casino games.

Tip #4 - Remember you can sign up with multiple Ontario casino

Interested in two or more of the highest payout Ontario online casinos? You can quickly sign up at multiple ON gaming sites and enjoy more game selections.

Tip #5 - Look out for new Ontario casinos with High Payouts

The Ontario online casino market features 26 operators and counting. That said, you can always look for new casinos.