Casino Payout Ratio Explained
The casino payout ratio or the Return To Player is the percentage of the total wager a casino pays back on a game over time. In simpler terms, it represents the average amount of money players can expect to win back from their total spending.
For example, if a casino has a payout ratio of 95%, it means that, on average, it pays out 95% of the total bets players make while retaining 5% as the house edge or profit. So, if you bet $100, you can expect to win up to $95. It isn’t a sure-shot percentage and is just an estimation. It in no way means for every $100 you spend, you will win $95 back from the site.
The best payout casino Canada offers the highest casino payout ratio. Again, it is not fixed at the best payout casinos and can vary among games and casinos. However, it is great to learn about average payouts before playing a game or on a specific casino site to know what to expect.
How do We Review and Rate the Best Payout Online Casino Sites in Canada?
When you have so many online casinos to review, it takes work to figure out which are the best payout casinos and which are not. Our team of experts at Gamblorium kept several essential elements in consideration throughout the research process. Some of the most crucial ones are:
- Safety and security
- We assess the casino’s security measures, such as SSL encryption, to protect sensitive customer data. We also check if a regulatory body duly licenses the Canadian site.
- Fees and limits
- We check the withdrawal or deposit fees imposed and the minimum and maximum transaction limits. This assessment is critical to ensure the best payout casino Canada offers a smooth transaction process.
- Bonuses and promotions
- Bonuses and promotions are directly linked with the casino payout. We review this aspect since your chances to win increase with more funds to play.
- Game variety
- A top-rated best payout casino with many variants of popular video slots and games like Blackjack, Roulette, Baccarat, video poker, live dealer games, and many more. We evaluate the variety and quality of games accessible to appeal to various preferences.
- Fast payout
- To ensure you don’t have to wait to encash your winning amount, we only list the best payout casino sites offering speedy payouts.
- Mobile compatibility
- The real fun of online casinos begins when you’re playing your favourite games anytime and from anywhere. That is why we check the mobile compatibility and app availability of online casinos that we recommend.
- Customer support
- You must have a helping hand or an expert assistant ready to help when you have trouble using your bonus credits or have issues while playing. That is why we checked the viability of the customer care support offered and the channels available to address customer queries.
Highest Payout Casino Games
It’s great to know there is no shortage of casino games at any best-payout online casino in Canada that will offer you a high payout. You have many options, from live table games and dice games to modern video slots and game shows. For slow-takers, many developers have been offering a variety of instant and crash games.
- Roulette: Roulette is a great casino game that can keep you hooked for a long time. As a player, you must place bets while guessing where the ball will land when spun on a large numbered wheel. Its RTP ranges between 94% and 98%.
- Blackjack: Blackjack is renowned for its relatively low house edge and favourable odds when played with optimal strategy. The hand scoring close to 21 wins. The payout range of the Blackjack game is between 99% – 99.5%. It offers an excellent scope of earning payout for skilled players.
- Baccarat: Baccarat is a simple game with exciting winning opportunities at any best payout online casino Canada. Place a bet on the player’s hand, the banker’s hand, or a tie to win. With an RTP of approximately 98%, Baccarat is known for its high payout potential, particularly on banker bets.
- Video Poker: Video Poker game at the best payout online casino in Canada is a game you can play to experience the thrill of slots, and poker in one go. As many variants of this game exist, the RTP also varies. Varieties like Jacks or Better or Deuces Wild have RTP as high as 99% or more.
- Online Slots: Video slots are immensely popular for their gameplay and high RTP. As some machines offer progressive jackpots, you can have life-changing wins. The RTP for slots can range from around 90% to over 98%.
- Scratch Cards: Scratch cards provide instant-win opportunities. The average RTP for scratch cards is typically around 95% or higher.
- Live Casino: With live casinos, you can play table games just like in a brick-and-mortar setting from your home, office, or on the go. The payouts of live casino games are the same as traditional casino games.
Best Payout Online Slots and their RTP
As slots are one of the most played and loved casino games, we will provide you with a list of the best payout slots you can check out today.
- Hyper Strike by Microgaming – RTP: 96.24%
- Hyper Strike is a vibrant slot with a classic fruit machine theme. As it offers a variety of bonus features and engaging gameplay, it has to be on this list of best payout slots at Gamborium.
- Wild Riches by Pragmatic Play – RTP: 96.77%
- Wild Riches is one of the best payout online slots Canada that anyone can try out today. It’s best known for its free spins and Money Collection feature, greatly enhancing its payout potential.
- Legacy of Dead by Play’n Go – RTP: 96.58%
- Our next pick in the list of best online slots payout percentage is Legacy of Dead, an ancient Egyptian-themed slot with captivating visuals.
- Rich Wilde and the Tome of Madness by Play’n Go – RTP: 96.59%
- The list of best payout slots Canada is incomplete if we don’t mention Rich Wilde and the Tome of Madness. It is a thrilling Lovecraftian-inspired slot featuring cascading reels.
- Mustang Gold by Pragmatic Play – RTP: 96.53%
- Last but not least, we have Mustang Gold to mention. This slot machine takes you on an American Wild West adventure. The Money Collect bonus can help you win a great sum of money.
| Slot | Provider | RTP |
|---|---|---|
| Hyper Strike | Microgaming | 96.24% |
| Wild Riches | Pragmatic Play | 96.77% |
| Legacy of Dead | Play’n Go | 96.59% |
| Rich Wilde and the Tome of Madness | Play’n Go | 96.59% |
| Mustang Gold | Pragmatic Play | 96.53% |
Best Payout Online Casino Bonuses & Promotions
It’s never easy to ignore bonuses and promotions at the best paying online casinos as they make gameplay more enjoyable and add to the payout. Gladly, there is no shortage of bonuses and promotions at best payout casinos. For instance, you have:
- Deposit Match Bonus
- Enjoy this bonus at any best paying online casino when you deposit into their casino account. The casino matches a percentage of the deposit with bonus funds up to a specified amount. For example, a 100% deposit match bonus up to $100 means that if you deposit $50, you will receive an additional $50 in bonus funds.
- No Deposit Bonus
- This is the bonus that best payout casinos offer to encourage you to register. With this bonus, you can play casino games without making a deposit.
- No Wagering Bonus
- Next bonus that you can enjoy with leading payout casinos is the no wagering bonus. While most bonuses have stake conditions attached, such bonuses allow you to keep the winning amount without wagering any money.
- Free Spins Bonus
- Free spins bonuses are mostly awarded as part of a welcome package or sometimes as single promotions. You can spin the reels of a slot for free for a certain number of times with a free spins bonus.
Best Payout Casino Deposits and Withdrawals
Having a seamless withdrawal and deposit process at any of the best payout online casinos Canada is essential. Hence, we reviewed the common payment methods available for deposits and withdrawals.
- Debit Cards: Debit cards like Visa or Mastercard are widely accepted at the best payout online casinos. They are preferred because of quick and secure transactions.
- E-wallets: In the world of one-click payments, e-wallets like PayPal, Skrill, and Neteller are used widely. You enjoy fast deposits and withdrawals with additional security features like two-factor authentication.
- Prepaid Cards: Prepaid cards like Paysafecard or Neosurf are the best options when you don’t want to use bank accounts or credit cards for gambling.
- Cryptocurrencies: To maintain high-level anonymity, you have cryptocurrencies like Bitcoin, Ethereum, and Litecoin to use to transact on casino sites. They are gaining popularity among players who value privacy and prefer decentralized payment options.
- Bank Transfers: If you find transferring funds directly from the bank account more convenient, you can access regular net transfers at the best payout sites. While this method may take longer for deposits and withdrawals than other options, it offers a secure and reliable way to transfer larger amounts of money.
All these payment methods are widely used in all the leading high-payout casinos. Pay attention to factors like speed, security, availability, and any associated fees before selecting any payment method.
Benefits and Drawbacks of Best Payout Online Casinos
Before you start dreaming about making historic wins at the best payout online casino in Canada, it’s important to understand the benefits and drawbacks, as we’ve comprehensively analyzed at Gamblorium.
| Benefits | Drawbacks |
|---|---|
| The best payout online casino often have generous bonuses | Might be addictive due to their high winning possibilities |
| High RTP with more winning possibilities | High RTP is not always a surety of winning |
| Diverse payment methods | |
| Generous bonuses for increased betting funds |
Conclusion
Committed and dedicated online casino players are always watching out for the best payout online casinos to aim at scintillating wins. However, it is not easy as many casino sites keep springing up, and average payout cannot be the only criterion to judge the best of the lot.
Hope this guide on the best payout online casinos in Canada helps you find an ideal site.
FAQs
What is a payout percentage?
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A payout percentage or return to player (RTP) refers to the percentage of money that a casino game is expected to pay back to players over time.
How to find the best casino payouts?
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You can refer to the above list to learn about the best payout casinos. You should always check the license and security features of the sites you pick.
Where can I find the best-paying online slots in Canada?
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You can find out about best paying online slots in Canada on Gamblorium, as we feature many verified operators offering the highest payout slots.
What are the best payout casino games in Canada?
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Most blackjack variants, a few poker games, and some slots, such as Ugga Bugga, feature some of the best payouts.
How can I be sure that a payout percentage is accurate?
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Certain indicators ensure payout percentage accuracy. If the casinos offer audited games from testing agencies like eCOGRA, GLI, and iTech labs, you can rely on its payout percentage.
Posted by: Alex Taylor
Casino Expert
With 7 years of experience in writing about online gambling, Alex has decided to gather all his knowledge and share it with others on one platform. His main goal is to provide detailed information so that players could gamble in a more safe way.