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Best payout online casinos: Ontario 2024

Written by
Checked by Dasha G.

Every Canadian player is on the lookout for the best payout online casino on the market, and we’re here to help you make the right choice.

Here are our top casinos, carefully analysed and rated by Time2play experts. We ranked Canada’s top payout online casinos based on withdrawal speed, availability of high-payout casino games, safety and other criteria.

Highest paying casinos for June 2024

  1. 🥇 Casumo casino — Payout rate: 97.61%
  2. 🥈 Royal Panda casino — Payout rate: 97.60%
  3. 🥉 bet365 casino — Payout rate: 97.40%
  4. PlayOJO casino — Payout rate: 97.37%
  5. LeoVegas casino — Payout rate: 97.28%
  6. Spin Casino — Payout rate: 97.10%
  7. Coquestador casino — Payout rate: 97.09%
  8. BetRivers casino  — Payout rate: 96.90%
  9. KnightSlots casino — Payout rate: 96.50%
  10. LuckyDays casino — Payout rate: 96.30%
Fast withdrawals
Casumo logo
91/100
Expert Rating by Elena I.
92% Playscore based on
Safe and reliable
Time2play's pick
bet365 logo
86/100
Expert Rating by Jovana G.
84% Playscore based on
Most trusted online casino

bet365 operates pursuant to an agreement with iGaming Ontario. #ad

Player favourite
94/100
Expert Rating by Jovana G.
83% Playscore based on
Best gamified casino experience
Casino logo Odds rating Bonus Go to casino Button Show more T&C
1
Casumo logo
Casumo casino review
78/100 Payments rating by Elena I. 92% Playscore based on Safe and reliable
Play

Good to know

  • C$10 minimum deposit
  • Variety of payments
  • High payout casino rate

5 payment methods

Visa
Mastercard
Interac
MuchBetter
Bank Transfer
2
royal panda logo
Royal Panda casino review
70/100 Payments rating by Dasha G. 85% Playscore based on Interactive gaming experience
Play

Good to know

  • Fast payout speeds
  • Player tournaments
  • 610+ slots

6 payment methods

Visa
Mastercard
Interac
iDebit
Neosurf
Bank Transfer
19+. Terms and conditions apply. Play responsibly. Connexontario.ca
3
bet365 logo
bet365 casino review
87/100 Payments rating by Jovana G. 84% Playscore based on Most trusted online casino
Play

Good to know

  • Same-day payouts
  • 9 payment methods available
  • Fast and secure transactions

9 payment methods

Visa
Mastercard
Interac
InstaDebit
Paysafecard
Apple Pay
Bank Transfer
Maestro
PayPal
bet365 operates pursuant to an agreement with iGaming Ontario. #ad
4
PlayOJO review
90/100 Payments rating by Jovana G. 83% Playscore based on Safe and reliable
Play

Good to know

  • Instant deposits
  • Multiple withdrawal methods available
  • High RTP slots

8 payment methods

Visa
Mastercard
Interac
MuchBetter
ecoPayz
Paysafecard
Jeton
Apple Pay
5
leovegas logo
LeoVegas casino review
85/100 Payments rating by Elena I. 92% Playscore based on Most reliable casino operator
Play

Good to know

  • Payouts in a day
  • Casino of the Year winner
  • Ready-to-drop casino games

7 payment methods

Visa
Mastercard
Interac
iDebit
Neosurf
Bank Transfer
MuchBetter
19+. Terms and conditions apply. Play responsibly. Connexontario.ca
6
spin casino logo
Spin Casino review
95/100 Payments rating by Elena I. 85% Playscore based on Best mobile casino apps
Play

Good to know

  • Three-day payouts
  • Plenty of payment options
  • High-RTP exclusive titles

8 payment methods

Visa
Mastercard
Interac
InstaDebit
MuchBetter
eCheck
Paysafecard
Apple Pay
7
conquestador logo
Conquestador review
93/100 Payments rating by Elena I. 82% Playscore based on First-class live casino
Play

Good to know

  • Instant deposits
  • 13 payment options
  • High RTP slots

13 payment methods

Visa
Mastercard
Interac
iDebit
InstaDebit
MuchBetter
ecoPayz
Apple Pay
Flexepin
AstroPay
Neosurf
Jeton
Bank Transfer
8
BetRivers casino review
92/100 Payments rating by Elena I. 88% Playscore based on Top loyalty rewards
Play

Good to know

  • 24-hour payouts
  • Automated approvals for withdrawals
  • Exclusive live dealer games

6 payment methods

Visa
Mastercard
Interac
PayPal
Trustly
Bank Transfer
9
knightslots logo
KnightSlots review
90/100 Payments rating by Elena I. 63% Playscore based on Best for Jackpot King
Play

Good to know

  • Over 1,000 casino games
  • 35 software providers
  • Optimized for mobile play

7 payment methods

Visa
Mastercard
Interac
MuchBetter
ecoPayz
Paysafecard
Apple Pay
10
lucky days logo
Lucky Days review
92/100 Payments rating by Elena I. 88% Playscore based on Great payments selection
Play

Good to know

  • 96.71% payout rating
  • Canadian-specific banking options
  • Good mobile UX/UI

9 payment methods

Visa
Mastercard
Interac
iDebit
InstaDebit
MuchBetter
ecoPayz
Paysafecard
Bank Transfer

Editor’s note

The ranking list is based on the overall rating, payout rate, payout speed, and game RTP as a weighted average.

The Payments rating is displayed as a reference, indicating where the operator stands in terms of the entire payments offer. If you see lower-rated operators higher on the list, it means that the casino averages higher payout rates than those below.

Best online casinos that payout fast and well

When it comes to finding the best payout casinos each site we rate shines in a different category. You might be after a site with fastest online withdrawals or you could be looking for a casino with games that have a high RTP% (return-to-player). 

Looking for the fastest withdrawals? Bet365 offers instant bank transfers and InstaDebit withdrawals. If you’re after live casino games with a higher RTP%, 888 casino wins out with 20+ games available from top studios like Evolution.

Check out our table of the best payout casinos by category:

CategoryOur winner
Most online casino gamesRoyal Panda casino
Fastest withdrawalBet365 casino
Best RTP slotsConquestador casino
Most live gamesSlotsMagic casino
Newest gamesLeoVegas casino
SafestBet365 casino
Best mobileBetMGM casino

How to choose the best online casino for payouts

There are some key things you should look out for when choosing the best payout casinos in Canada. You’ll probably be after a site with the fastest withdrawal times as well as the highest max payouts. There are other factors you should consider like payment options and game selection.

Below, we’ll take a look at all the factors to help you choose the best payout online casino in Ontario:

 

  • Dinero

    Payout rate

    When you pick the best payout online casino, the first thing you’ll probably look for is the payout rate. At a real money casino you’ll want to look for games with a high RTP% (return to player) – the higher the percentage, the more frequently you’ll win. Table games like blackjack tend to have higher RTP% (sometimes up to 98%) but lower max payouts. Slots average around 94-95%, but they have higher payouts – so if you win you’ll win big. It’s important to note that theoretical RTP% doesn’t guarantee you’ll win at a specific rate; theoretical RTP% is calculated over thousands of games so the more you play the more you’re likely to win. 

  • Card

    Payment methods

    Deposit and withdrawal times usually depend on the casino and available payment methods. PayPal is fast (after processing), but if you’re playing at online casinos that accept eCheck, you should expect your funds to arrive anywhere from three to 10 days. Regarding depositing limits, look for low minimum deposit limits of around $10. Maximum withdrawal limits usually depend on the payment method and the casino – at Bet365, for example, there’s a max withdrawal of $40,000 for Visa users.

  • Certificado

    Licencing and fairness

    For any casino to operate legally within Ontario, it needs to hold a licence from iGaming Ontario. This should be easy to find, as secure online casinos with a licence will display it at the header or the footer of the site.  Look for a casino that goes that extra mile when it comes to fairness – that could mean being audited regularly by a third-party company such as eCOGRA. Top high payout casinos in Ontario should have safety tools in place like deposit limits, cooling-off periods, and self-exclusion.  When it comes to security, ensure that the casino has SSL encryption in place (the locked padlock in the URL is a good indicator). This means your data won’t be shared without your permission.

  • software

    Games and software

    At the best online payout casinos in Canada, you should expect to find games from top iGaming studios like Playtech and IGT. If you’re after live casino games look out for titles by studios like Ezugi and Evolution.  The best payout online casino sites will also have a wide variety of game types – from slots to table games like blackjack, roulette, and video poker.  There are many online casino games to choose from, but the biggest payouts are usually found at slots with high volatility.

  • Saludo De Mano

    Customer support

    When choosing the best payout online casino in Ontario, you should look for one with multiple customer support channels. A solid customer support offering should include an email (or a contact form) as well as live chat and a phone number – sites like Bet365 casino offers all of these. You look for casinos with 24/7 customer support (or at least support that’s available during business hours). 

  • Icona Sport Invernali Provvisoria

    Overall offer

    You should also look at the overall experience that each payout online casino in Canada offers. For example, check out the mobile version of the casino to make sure that it works smoothly, has the majority (if not all) of the desktop games available and allows you to access other features such as live chat and payment methods. The usability of the desktop site, the layout, and whether it’s easy to navigate are other things you should consider. Overall, the site should function properly and be easy to use for players of all levels.

The top payout games 

At a high payout online casino, it’s important to consider the games you’re playing – not all games have the same payout rate.

At many casinos, you should look for spec information when you click on the game. Look for RTP% as this will give you the payout rate. In theory the higher this percentage is, the better it is for you overall. 

It’s important that you don’t rely on the RTP% to work out exactly how much you’ll win each game. The RTP is theoretical, meaning it’s calculated over many thousands of rounds. If you play for a short period, the likelihood is you won’t actually achieve this RTP. 

Some game types have a higher RTP than others too. For instance, video poker games and live table games come nearer to the top, but they require skill and strategy compared to slots. 

Although online slot casinos tend to have a good chunk of games with lower RTPs, they’re easier to play.

Here are some of the top payout games at Canadian casinos. 

Top payout gameRTPCasino
Lightning Blackjack 99.56%BetMGM
Lightning Baccarat98.76%BetMGM
Marching Legions98.12%PartyCasino 
Double Ball roulette97.3%888Casino
XXXtreme Lightning Roulette97.3%Royal Panda
Shaolin Spin97.15%LeoVegas
Guns N’ Roses 96.98%888Casino
Dead or Alive 296.8%Royal Panda
Gemix 96.75%Royal Panda
Jack Hammer96.6%PlayOJO
TwinSpin96.6%BetMGM
Divine Fortune 96.6%Bet365
Pharaoh’s Fortune96.54%BetRivers
Fruit Party 2 96.53%LeoVegas
Money Drop live94.40-96.48%LeoVegas
Asgardian Stones96.31%888Casino
Gonzo’s Quest Megaways96%BetMGM
Moon Princess 96.5%888Casino
Imperial Opera96.5% LeoVegas
Kluster Krystals Megacluster 96.49%PartyCasino

Advantages and disadvantages of high payout casinos in Canada 

The highest payout online casino in Canada will also up its game in other areas, including offering more games, faster withdrawals, high levels of security because of monthly monitoring, and so on.

Take a look at our list of the key advantages to choosing the best-paying online casinos:

  • Better chance in the long run of winning more often
  • Ability to access high RTP games 
  • Bigger selection of games on offer 
  • Generally fast online casino payouts 
  • Good security from regular auditing 
  • Fun gaming environment 
  • Transparent terms, conditions and casino data 

There are some downsides to choosing the best payout online casino in Canada. For example, the casino might payout but it could also have slow withdrawal times or high minimum withdrawal requirements. 

Here are some disadvantages to playing at the best payout online casinos:

  • Accepting slow withdrawal times 
  • High minimum withdrawals 
  • With higher volatility games you could lose more frequently
  • Jackpots can skew payout rate numbers

Top tips: Make the most of high-payout online casinos 

There are some things you can consider doing that could improve your success rate at the best payout online casino (although nothing is guaranteed). 

Here’s our top ten list of best-paying online casinos in Canada: 

  1. Make sure the best payout online casino holds an Ontario iGaming licence 
  2. Choose slots with higher bet denominations as they often have higher RTPs 
  3. Pick a game that fits your goals and budget 
  4. Go for low variance games if you’re on a small budget 
  5. Start with small bets 
  6. Set a budget and stick to it 
  7. Practice with demo games before playing for real money 
  8. Pick a game with an RTP of 96% or higher 
  9. Understand the paytable 
  10. Aim for smaller jackpots to start with 
Player thinking about free spins

FAQs

What is the best payout online casino in Ontario Canada?

There are a number of best payout online casinos in Canada – each shines in a different category. We have a list of the best payout online casinos Canada has to offer. You can check this of list of the best casinos that payout to find a site.

What is a return to player percentage?

The return to player percentage, or RTP, is the amount of money you can expect to get back over a period of time. Importantly, the RTP is actually only theoretical, so while it gives you a good indication of what to expect when playing a specific game, it shouldn’t be taken at absolute face value. This is because RTPs of games are calculated over thousands of spins or rounds.

Which online casinos payout the fastest in Ontario?

There are a number of casinos in Ontario that offer the fast payouts; usually the payment method affects the withdrawal speed. All casinos have a pending period, and you need to factor this in when making a withdrawal request. Take a look at our section on payment methods and withdrawal speeds in our how to choose section.

What is the highest payout rate available?

Despite the fact that payout rates could be 100%, in Ontario, the gambling laws actually have a maximum RTP percentage in place. The highest maximum is actually set at 99.1%. There’s also a minimum of 85% that’s allowed by law in the province. This means that payouts in between these two percentages are legally guaranteed.

Which games have the highest return to player percentage?

Generally, video poker games have the highest return to player (RTP) percentage out there. In some cases, these games can actually be 100% or more, which means you’re really going to get money back when you play online. A  number of live dealer games, specifically those from Evolution also pay out very well — RTPs for games like Speed Blackjack can be in the high 98% range. Take a look at our section on the best payout online casino games for more info.

Sources

  1. https://en.wikipedia.org/wiki/Return_to_Player

Review methodology

Our method for choosing casinos for our list is strict and transparent. We initiate comprehensive research to ensure compliance with all relevant laws and standards. Following that, our team of experts evaluates key factors using a fixed scoring system, guaranteeing consistency and impartiality. We consider customer support, user-friendliness, payment methods, safety, software quality, and casino games, focusing on RTP percentages.

Casinos we monitor

888casino, Amazon Slots, Bally Bet, bet365 casino, Bet99 casino, Betano casino, BetMGM casino, BetRivers casino, Betsafe casino, Betty, BetVictor casino, Betway casino, bwin casino, Caesars casino, Captain Cooks, CasiGO, Casimba, Casino Classic, Casino Days, Casumo casino, Caxino, ComeOn casino, Conquestador, Deal or No Deal casino, Delta Bingo, DraftKings casino, Dream Vegas, FanDuel casino, FireVegas, Fitzdares, Golden Tiger, Grand Mondial, Hello Casino, High 5 Casino, High Flyer, Jackpot Village casino, JackpotCity, KnightSlots, LeoVegas casino, Lucky Days, Luxury casino, Mansion casino, NorthStar Bets casino, PartyCasino, Play Fallsview casino, PlayOJO, PointsBet casino, PokerStars casino, PowerPlay casino, Royal Panda casino, Royal Vegas, SlotsMagic, Spin Casino, SpinAway, SpinGenie, Spinz, Stardust, theScore casino, Wheelz, Wildz, Yukon Gold, Zodiac

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