6 Best Payout Online Casinos - Highest Paying Casinos August 2022

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

Visit Site

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

Visit Site

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

Visit Site

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+

Visit Site

Top 6 Best Payout Casinos Compared

A Closer Look at the Top Payout Casinos:

• 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

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

Casino Days Casino Review

VISIT SITE

19+. T&C Apply. Play Responsibly

• 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

100% up to $750 + 200 Free Spins

Greatwin Casino Casino Review

VISIT SITE

19+. T&C Apply. Play Responsibly

• 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

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

Dream Vegas Casino Review

VISIT SITE

19+. T&C Apply. Play Responsibly

• 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

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

Cobra Casino Casino Review

VISIT SITE

• 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

C$1000 and 150 free spins with your first deposit

Bizzo Casino Casino Review

VISIT SITE

• 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

100% up to $750 plus 200 Free Spins

Oh My Spins Casino Casino Review

VISIT SITE

18+ T&Cs 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 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

Visit Site

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

Visit Site

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

Visit Site

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

Visit Site

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.

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.