6 Best Payout Online Casinos - Highest Paying Casinos August 2022

6 Best Payout Online Casinos - Highest Paying Casinos {{ "now"|date("F Y") }}


Most online casinos add new games each month—especially slots. New casino games affect the overall return to player percentage (RTP) at each gaming site. We monitor this situation to keep tabs on the best online casino payouts every month.

Our goal is to point you to casino sites with the highest RTP. This way, you can consistently take advantage of high payout percentages and have a stronger chance at winning money. Of course, individual games have the biggest impact on your odds of winning. You’ll improve the chances of finding these high-paying games, though, by playing at online gambling sites with high overall payback.

Moving into August, Casino Days holds onto its crown as the highest-paying gaming site. But some changes have taken place in the top six, with certain casinos moving up or down the list. You can see the best online casino payouts for August 2022 below, along with the top-paying slots and table games.


🏆 Overall Best Payout Online Casino: Great Win Casino

💰 Highest Payout Online Casino: Casino Days

⏩ Fastest Payout Casino: Oh My Spins

🎰 Highest Paying Slot Game: Book of 99


Established 2020
Total Slots The total number of slot games available
Mobile Slot Providers
2400
112
Total Slot Providers The number of different slot game software providers
Mobile Slot Games X The number of mobile slot games available
112
2350
19+. T&C Apply. Play Responsibly
Established 2022
Total Slots The total number of 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
19+. T&C Apply. Play Responsibly
Established 2018
Total Slots The total number of slot games available
Mobile Slot Providers
1421
107
Total Slot Providers The number of different slot game software providers
Mobile Slot Games X The number of mobile slot games available
112
1421
19+. T&C Apply. Play Responsibly
Established 2020
Total Slots The total number of slot games available
Mobile Slot Providers
1000+
20
Total Slot Providers The number of different slot game software providers
Mobile Slot Games X The number of mobile slot games available
20
1000+

Top 6 Best Payout Casinos Compared


CasinoPayout RatePayout SpeedNo. of Slot GamesHighest Paying SlotSign Up Offer
1. Casino Days96.5%24–48 hours2,700+ Book of 99100% match up to $1,000
2. Great Win96.4%48 hours3,800+Mega Joker100% match up to $750 + 200 free spins
3. Dream Vegas96.35%24–48 days2,000+Retro Reels Extreme HeatUp to $7,000 + 120 free spins
4. Cobra Casino96.3%24–48 hours1,800+1429 UnchartedUp to $1,000 + 250 free spins
5. Bizzo96.25%24–48 hours2,700+Mega JokerUp to $1,000 + 150 free spins
6. Oh My Spins96.2%24 hours3,500+Joker 6000100% match up to $500 + 200 free spins

A Closer Look at the Top Payout Casinos:

1. Casino Days



  • Payout Rate: 96.5%
  • Payout Speed: 24–48 hours (average)
  • No. of Slot Games: 2,700+
  • 5 Highest Paying Slots: Book of 99, Mega Joker, Jackpot 6000, Blood Suckers, Retro Reels Extreme Heat
  • New Player Bonus: 100% match bonus up to $1,000
  • Types of Payment Methods Available: Interac (e-transfer), credit cards, cryptocurrencies, e-wallets
  • Review: Casino Days Online Review

Casino Days continues to reign as the industry’s highest-paying overall casino. It boasts 96.5% RTP on the strength of online slots like Book of 99, Jackpot 6000 and Blood Suckers. If you’re interested in the best online casino payouts, you can capitalize on Casino Days’ 100% match bonus. You can also expect fairly quick payouts within around 48 hours (varies by method).


Pros & Cons

Pros
Huge game variety
Unique lotto betting opportunities
Nice website design with user in mind
Plenty of crypto deposit methods
Cons
No VIP program
Few deposit methods beyond crypto

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

2. GreatWin Casino




  • Payout Rate: 96.4%
  • Payout Speed: 48 hours (average)
  • No. of Slot Games: 3,800+
  • 5 Highest Paying Slots: Mega Joker, Jackpot 6000, Blood Suckers, 1429 Uncharted Seas, Big Bad Wolf
  • New Player Bonus: 100% match bonus up to $750 + 200 free spins
  • Types of Payment Methods Available: Interac (e-transfer), credit cards, cryptocurrencies, e-wallets
  • Review: Great Win Online Casino

Boasting over 4,000 total games, Great Win Casino is one of the most-popular Canadian online casinos. It gains even more popularity due to its generous 96.4% RTP. You can get started at Great Win by depositing with Neteller, Skrill, Visa, Mastercard, Bitcoin or Litecoin. This casino’s payouts commonly come in after around 48 hours of request.


Pros & Cons

Pros
4,000+ casino games
Well-rounded loyalty program
Consistent promotions
Fast withdrawals
Cons
Slow-loading pages

100% up to $750 + 200 Free Spins

3. Dream Vegas




  • Payout Rate: 96.35%
  • Payout Speed: 48 hours
  • No. of Slot Games: 2,000+
  • 5 Highest Paying Slots: Retro Reels Extreme Heat, Big Bass Splash, Moon Princess, Jammin’ Jars 2, Nightfall
  • New Player Bonus:Up to $7,000 + 120 free spins
  • Types of Payment Methods Available: Credit cards, e-wallets, Interac
  • Review: Dream Vegas Casino Review

Dream Vegas offers one of the biggest Canadian online casino bonuses at up to $7,000. This deal spreads out over your first three deposits, with 200%, 40%, and 60% matches. You can take advantage of this welcome bonus through nearly a dozen deposit methods. When seeking to get your money out, you can do so in as little as 48 hours.


Pros & Cons

Pros
Large number of progressive slots
High-paying blackjack variations
Many deposit methods
50+ software providers
Cons
Low match percentage on some deposit bonuses
VIP program heavily favours high rollers

200% Welcome Bonus up to C$7000 + 120 Free Spins

4. Cobra Casino




  • Payout Rate: 96.3%
  • Payout Speed:24–48 hours
  • No. of Slot Games:1,800+
  • 5 Highest Paying Slots: 1429 Uncharted, Jokerizer, Good Girl Bad Girl, The Angler, El Dorado Infinity Reels
  • New Player Bonus:100% match up to $1,000 + 250 free spins
  • Types of Payment Methods Available: Credit cards, cryptocurrencies, e-wallets, Interac
  • Review: Cobra Casino Review

Cobra Casino checks in with one of Canada’s best online casino payouts at 96.3%. It offers several high-paying slots that propel its RTP, including 1429 Uncharted, Jokerizer, and The Angler. You won’t have much trouble finding these games thanks to Cobra’s user-friendly website. This online casino accepts many payment methods, including Visa, Mastercard, Neteller, Skrill, Interac, EcoPayz, Bitcoin, Ethereum and Litecoin.


Pros & Cons

Pros
Large variety of jackpot games
Established and reputable owner
VIP program worthwhile for high and low rollers
User-friendly website with many subcategories
Cons
Cluttered homepage
Bonuses exclude a notable number of slots

Get 125% Welcome Bonus up to $1577 + 300 FS + Get up to 20% Monday Cashback

5. Bizzo




  • Payout Rate: 96.25%
  • Payout Speed:24–48 hours
  • No. of Slot Games:2,700+
  • 5 Highest Paying Slots:Mega Joker, Good Girl Bad Girl, 1429 Uncharted, Retro Reels Extreme, Big Bad Wolf
  • New Player Bonus: Up to $1,000 + 150 free spins
  • Types of Payment Methods Available: Credit cards, cryptocurrencies, e-wallets, Interac
  • Review: Bizzo Casino Review

Launched in 2021, Bizzo Casino offers over 2,700 online slots—including dozens of progressive games. You can expect 96.25% RTP when playing the average game here. Deposits are available through Bitcoin, Bitcoin Cash, Visa, Mastercard, Neteller, Skrill and more. You’ll receive quick payouts here, ranging from 24 to 48 hours on the wait time.


Pros & Cons

Pros
Wide selection of online slots
Over 100 software providers
Regular casino tournaments
Solid VIP program
Cons
Low match percentage on some deposit bonuses
No phone support

C$1000 and 150 free spins with your first deposit

6. Oh My Spins




  • Payout Rate: 96.2%
  • Payout Speed:24 hours
  • No. of Slot Games: 3,500+
  • 5 Highest Paying Slots: Joker 6000, Blood Suckers, Rainbow Riches Pick ‘N’ Mix, Good Girl Bad Girl, Big Bad Wolf
  • New Player Bonus: 100% match deposit bonus up to $500 + 200 free spins
  • Types of Payment Methods Available: Credit cards, cryptocurrencies, e-wallets, Interac
  • Review: Oh My Spins Casino Review

This online casino tops our list for payout speed with 24-hour average withdrawals. You might need to use the cashout option for winnings too, considering that you can look forward to 96.2% average RTP here. Deposits are available through Visa, Mastercard, Bitcoin, Interac, EcoPayz and MiFinity. Note that you’ll have to deposit because you can’t play free games here.


Pros & Cons

Pros
Thousands of online slots
Large live dealer casino
Lots of banking options
Cons
Withdrawals are slightly slower than industry average
No free games available

100% up to $750 plus 200 Free Spins


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.


Top 10 Highest Paying Online Slot Machines


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.


Slot Name Slot Provider RTP Where to Play
Book of 99Relax Gaming99,0%Casino Days
Mega JokerNetEnt99,0%Bizzo
Jackpot 6000NetEnt98.8%Casino Days
1429 Uncharted SeasThunderKick98.6% Oh My Spins
Blood SuckersNetEnt98.0%Great Win
JokerizerYggdrasil98.0%Cobra Casino
Rainbow Riches Pick ‘n’ MIxBarcrest98.0%Oh My Spins
Good Girl, Bad GirlBetSoft97.8%Cobra Casino
Retro Reels Extreme HeatMicrogaming97.5%Dream Vegas
Big Bad WolfQuickspin97.35%Great Win

Established 2016
All Casino Games X The total number of casino games available
Mobile Slot Games X The number of mobile slot games available
2700
2028
Free Spins
200
19+. T&C Apply. Play Responsibly
Established 1997
All Casino Games X The total number of casino games available
Mobile Slot Games X The number of mobile slot games available
686
368
Free Spins
88
19+. T&C Apply. Play Responsibly
Established 2010
All Casino Games X The total number of casino games available
Mobile Slot Games X The number of mobile slot games available
2227
1251
Free Spins
200
Must be 19+ to participate. T&Cs apply.
Established 1997
All Casino Games X The total number of casino games available
Mobile Slot Games X The number of mobile slot games available
1535
540
Free Spins
120
19+ T&Cs Apply - Please play responsibly

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.


Table Game RTPWhere to Play
Single Deck Blackjack (Switch Studios)99.62%Oh My Spins
Ultimate Texas Hold’em99.47%Great Win
Blackjack (GameVy)99.42%Dream Vegas
Baccarat98.94%Casino Days/td>
Lightning Baccarat 98.65%Bizzo

How to Find the Best Payout Online Casino in Canada


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.


5 Tips to Maximise Your Winnings at Online Casinos


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.


FAQ


A payout percentage is simply the amount you can theoretically expect to receive back from every bet that you place over the long term. For example, a slot with a 98% payout will - on average - return $98 for every $100 spent, though short-term variance is less predictable.

It really depends on the game you’re playing. While an RTP of 96% or more is pretty generous for a slot, it would be on the lower end for a table game. For roulette, you’d typically want to see 97% or better, while blackjack needs to be at least 99% to be profitable.

As we mentioned above, somewhere in the region of 95-96% is a pretty average payout for slot games. While you will occasionally find online slots with payouts as high as 99%, these are few and far between and you should always check the information tab before playing.

Yes. Table games generally have much better payout percentages than online slots, but there is a slight caveat. As there’s a skill element to games like blackjack, you will need to employ correct strategy to realise the potential 99% RTP on offer, as making fundamentally incorrect decisions like hitting on 20 will obviously damage your potential returns.

At the time of writing, both PartyCasino and SlotNite offer top payout rates of 96.2%, making them among the most generous sites available in Canada. Typically, most casinos will sit within a percentage point of this figure, so be cautious of those offering anything below 95%.

While payout speeds obviously depend on the method being used and external factors such as ensuring KYC verification has been completed correctly, our reviewers found that Zet Casino was the fastest with a guaranteed withdrawal time of three days across all methods.

Recommended Casino Sites

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  1. 1
    Casino Days Casino
    Established 2020
    More Details
    100% Welcome Bonus up to $1,000 Cash + 100 Free Spins
    Massive Collection Counting Over 4,000 Games
    VIP Loyalty Program
    Multiple Cryptocurrencies Supported
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
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    Bonus Wagering
    The number of times you have to play through your bonus before you are able to withdraw any winnings
    35x
    Payout Time
    The average withdrawal processing time
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    Casino Games
    The total number of casino games available
    2500
    Jackpot Slots
    The number of jackpot slot games available
    147
    Casino Days features a clean design, simplifying navigation of thousands of games from top providers. The variety also translates to the live casino where players can enjoy over 250 different options.
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    Greatwin Casino
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    40x
    Payout Time
    The average withdrawal processing time
    1-3 Working Days
    Casino Games
    The total number of casino games available
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    Jackpot Slots
    The number of jackpot slot games available
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    Promo Code
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    Min Deposit
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    Bonus Wagering
    The number of times you have to play through your bonus before you are able to withdraw any winnings
    35x
    Payout Time
    The average withdrawal processing time
    2-3 Working Days
    Casino Games
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    15
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    Min Deposit
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    The number of times you have to play through your bonus before you are able to withdraw any winnings
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    Payout Time
    The average withdrawal processing time
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    Casino Games
    The total number of casino games available
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    40x
    Payout Time
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    Casino Games
    The total number of casino games available
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    144
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    Bizzo Casino
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    C$1000 and 150 free spins with your first deposit
    VIP Program with 30 Levels
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    The number of times you have to play through your bonus before you are able to withdraw any winnings
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    1-3 Days
    Casino Games
    The total number of casino games available
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    Cadoola Casino
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    Get up to C$1210 + 250 Free spins
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    The code required to claim a sign-up bonus (if any)
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    Min Deposit
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    The number of times you have to play through your bonus before you are able to withdraw any winnings
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    Casino Games
    The total number of casino games available
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    PlayOJO Casino
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