Best Highest Payout Online Casino Sites in Canada
The best payout online casino is the demand for all casino players. After all, you played with such enthusiasm and have won the slots or the jackpot prize and now you want to encash your wins in CAD back to your account. But do you get your wins instantly? No, you do not and yes you do if you choose the fastest withdrawal mode like eWallets or cryptocurrencies BTC, LTC, or ETH which take only a few minutes to one hour of time to get the cash prize.
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Why are not all sites in Canada the best payout online casinos?
This is the number one question asked by many players and the answer is simple. As each casino is different and has its own deposit and withdrawal policies. It also depends on the banking methods you choose when withdrawing your wins. Thirdly casino requires proper winner authentication and demands such documentation as proof of your valid ID, DL, Utility Bill, and Bank proof to believe that the winner is genuine and this process takes time.
Generally, almost all Canadian-friendly online casino sites in Canada offer banking methods such as credit cards, debit cards, prepaid cards, checks, BTC, LTC, ETH, BTCH, and eWallets. Most of the time, players can use the method they use to deposit funds for withdrawals too. Withdrawals through e-wallets and BTC, LTC, ETH, and BTCH are the fastest, followed by credit cards, Bank Wire, and checks. It takes the longest to withdraw winnings through checks, which is why hardly any player requests payouts through checks these days.
Then what are the best highest payout online casino sites in Canada? Well, keep on reading below to find out.
Top 4 highest paying online casinos
1. Casino.com
Bonuses and Promotions
| Bonus | Type | Description | Maximum Bonus | Wager Requirements | Payout Percentage |
|---|---|---|---|---|---|
| Welcome Bonus | 100% match bonus up to $5,000 | Get a 100% match bonus up to $5,000 on your first deposit. | $5,000 | 30x | 96.5% |
| Reload Bonus | 50% match bonus up to $2,000 | Get a 50% match bonus up to $2,000 on your next 4 deposits. | $2,000 | 30x | 96.5% |
| VIP Bonus | Up to 50% cashback | Get up to 50% cashback on your losses each week. | 50% | 30x | 96.5% |
| Free Spins Bonus | 100 free spins on selected slots | Get 100 free spins on selected slots when you sign up or make a deposit. | 100 free spins | No wager requirements | 96.5% |
Casino.com is Canadian friendly best payout online casino whereas as a new player, you are offered 100% up to $400 + 200 spins.
Pros and Cons
Pros
- Wide Game Selection: Casino.com offers a diverse range of casino games, including slots, table games, live dealer games, and more. This provides players with plenty of options to choose from.
- User-Friendly Interface: The website of Casino.com is designed to be user-friendly, making it easy for players to navigate and find their favourite games. The interface is intuitive, ensuring a smooth and enjoyable gaming experience.
- Mobile Compatibility: Casino.com has a mobile-friendly platform that allows players to access their favourite games on smartphones and tablets. This enables gaming on the go, providing convenience and flexibility.
- Welcome Bonuses and Promotions: Like many online casinos, Casino.com offers welcome bonuses and promotions to attract new players. These bonuses can include bonus funds, free spins, or other incentives, providing an opportunity to enhance the gaming experience.
Cons
- Restricted Access: Casino.com may not be available in all countries or jurisdictions due to legal restrictions. Players should ensure that online gambling is legal in their area before attempting to access the platform.
- Limited Payment Options: The available payment options at Casino.com may vary depending on the player’s location. Some players might find the range of payment methods limited compared to other online casinos.
Payment methods
The processing time for withdrawals here are:
- Credit card VISA- 0-3 business days
- Neteller- Instant
- Skill- Instant
- EcoPayz- Instant
- Instadebit- up to 24 hours
- Debit- Up to 24 hours
- Instant banking- 0-5 business days
- Bank Transfer- 0-5 business days
| Payment Method | Deposit Limit | Withdrawal Limit | Processing Time (Deposit) | Processing Time (Withdrawal) |
|---|---|---|---|---|
| Visa | $10 | $10,000 | Instant | 3-5 business days |
| Mastercard | $10 | $10,000 | Instant | 3-5 business days |
| Maestro | $10 | $10,000 | Instant | 3-5 business days |
| Skrill | $10 | $20,000 | Instant | 1-3 business days |
| Neteller | $10 | $20,000 | Instant | 1-3 business days |
| PayPal | $10 | $20,000 | Instant | 1-3 business days |
| Paysafecard | $10 | $1,000 | Instant | 3-5 business days |
| Instadebit | $10 | $10,000 | Instant | 2-3 business days |
| Bank Transfer | $10 | $10,000 | 3-5 business days |
Click here to join the casino now
2. Spin Casino
At Spin Casino which is another best payout online casino you can play slots with iPhone; Grab CAD1000 as a welcome bonus and $200 as a free bet to do sports betting.
Bonuses and Promotions
| Bonus | Description | Payout Percentage |
|---|---|---|
| Welcome Bonus | 100% match bonus up to $400 on your first deposit, 100% match bonus up to $300 on your second deposit, and 100% match bonus up to $300 on your third deposit. | 97.59% |
| Reload Bonus | 50% match bonus up to $200 every Monday. | 97.59% |
| VIP Bonus | Exclusive bonuses and rewards for VIP players. | 97.59% |
| Refer a Friend Bonus | Get $20 for every friend you refer who makes a deposit and plays at Spin Casino. | 97.59% |
Pros and Cons
Pros
- Mobile Compatibility: Spin Casino has a mobile-responsive platform and dedicated mobile apps for iOS and Android devices. This allows players to enjoy their favourite casino games on their smartphones or tablets, offering convenience and flexibility.
- Welcome Bonuses and Promotions: Like many online casinos, Spin Casino offers attractive welcome bonuses and regular promotions to incentivize new and existing players. These bonuses can enhance the gaming experience and provide additional opportunities to win.
- Secure and Licensed: Spin Casino is licensed by reputable authorities and employs industry-standard security measures to ensure a safe and secure gaming environment. They utilize encryption technology to protect player data and transactions.
Cons
- Customer Support: While Spin Casino does provide customer support, there have been occasional reports of slower response times or less satisfactory support experiences. It’s advisable to reach out to customer support if you have any questions or issues.
- Bonus Terms and Conditions: Spin Casino’s bonuses are subject to terms and conditions, including wagering requirements and restrictions on game contributions. It’s important for players to carefully review and understand these terms to ensure a smooth bonus experience.
Payment Methods
- Neteller- 24 hours
- Skrill- 24 hours
- Idebit- Up to 48 hours
- Instadebit- 48 hours
- Instant banking- 3-7 business days
- Credit card VISA- 2-3 business days
| Payment Method | Deposit Minimum | Deposit Maximum | Withdrawal Minimum | Withdrawal Maximum | Withdrawal Processing Time |
|---|---|---|---|---|---|
| Visa | $10 | $1,000 | $20 | $10,000 | 24-48 hours |
| Mastercard | $10 | $1,000 | $20 | $10,000 | 24-48 hours |
| Skrill | $10 | $1,000 | $20 | $10,000 | Instant |
| NETeller | $10 | $1,000 | $20 | $10,000 | Instant |
| MuchBetter | $10 | $1,000 | $20 | $10,000 | Instant |
| paysafecard | $10 | $100 | $10 | $100 | Instant |
| Bank Transfer | $20 | $10,000 | $20 | $10,000 | 3-5 business days |
Click here to join the casino now
3. Gaming Club
The Gaming Club is another best payout online casinos in Canada that boasts over 500 feature-filled games to enjoy and a $350 double deposit welcome bonus when you sign up at the casino.
Bonuses and Promotions
| Bonus | Description | Payout Percentage |
|---|---|---|
| Welcome Bonus | 100% match bonus up to $200 + 150% match bonus up to $150 | 96.79% |
| Reload Bonus | 50% match bonus up to $200 | 96.79% |
| VIP Bonus | Up to 50% cashback on losses | 96.79% |
| Weekly Bonus | 20% bonus on your next deposit | 96.79% |
| Monthly Bonus | 100% match bonus up to $500 | 96.79% |
Pros and Cons
Pros
- Longevity and Reputation: Gaming Club Casino has been operating since 1994, making it one of the oldest online casinos. Its long history and positive reputation within the industry can provide players with confidence in its reliability and trustworthiness.
- Welcome Bonuses and Promotions: Gaming Club Casino offers welcome bonuses and regular promotions to attract and reward players. These bonuses can enhance the gaming experience and provide additional opportunities to win.
- Secure and Licensed: The casino is licensed by reputable authorities and employs industry-standard security measures to ensure player safety and data protection. It utilizes encryption technology to safeguard personal and financial information.
Cons
- Customer Support: While Gaming Club Casino provides customer support, there have been occasional reports of slower response times or less satisfactory support experiences. It’s advisable to reach out to customer support if you have any questions or issues.
- Bonus Terms and Conditions: Gaming Club Casino’s bonuses come with terms and conditions, including wagering requirements and game restrictions. It’s important for players to carefully review and understand these terms to ensure a smooth bonus experience.
Payment Methods
- Credit card VISA- 2-3 business days
- Neteller- 24 hours
- EcoPayz- Instant
- Skrill- 24 hours
- Eco Card 1-2 days
- Instadebit- 48 hours
- Idebit- Up to 48 hours
- Echeck: 3-8 days
- Instant banking- 3-7 business days
| Payment Method | Deposit Minimum | Deposit Processing Time | Withdrawal Minimum | Withdrawal Processing Time |
|---|---|---|---|---|
| Visa | $10 | Instant | $20 | 3-5 business days |
| Mastercard | $10 | Instant | $20 | 3-5 business days |
| Maestro | $10 | Instant | $20 | 3-5 business days |
| Neteller | $10 | Instant | $20 | 24 hours |
| Skrill | $10 | Instant | $20 | 24 hours |
| Paysafecard | $10 | Instant | $20 | 24 hours |
| Bitcoin | $10 | Instant | $20 | 24-48 hours |
| Ethereum | $10 | Instant | $20 | 24-48 hours |
| Litecoin | $10 | Instant | $20 | 24-48 hours |
| Tether | $10 | Instant | $20 | 24-48 hours |
Click here to join this casino now!
4. Jackpot City Casino
Bonuses and Promotions
| Bonus | Description | Wager Requirements | Payout Percentage |
|---|---|---|---|
| Welcome Bonus | 100% match bonus up to $1,600 on your first four deposits. | 70x | 96% |
| Reload Bonus | 100% match bonus up to $400 on your next four deposits. | 70x | 96% |
| Weekly Bonus | 50% match bonus up to $200 on your first deposit of the week. | 70x | 96% |
| VIP Bonus | Exclusive bonuses and rewards for high-roller players. | Varies | 96% |
| Refer-a-Friend Bonus | Get $20 for every friend you refer who signs up and makes a deposit. | N/A | 96% |
Pros and Cons
Pros
- Game Selection: Jackpot City Casino offers a wide variety of games, including a vast selection of slots, table games, live dealer games, and more. Players can enjoy a diverse range of options to suit their preferences.
- Mobile Compatibility: The casino is optimized for mobile play, allowing players to access their favourite games on smartphones and tablets. The mobile platform provides convenience and flexibility for gaming on the go.
- Welcome Bonuses and Promotions: Jackpot City Casino offers attractive welcome bonuses and regular promotions to incentivize new and existing players. These bonuses can enhance the gaming experience and provide additional chances to win.
Cons
- Customer Support: While Jackpot City Casino provides customer support, there have been occasional reports of slower response times or less satisfactory support experiences. It’s advisable to reach out to customer support if you have any questions or issues.
- Bonus Terms and Conditions: Jackpot City Casino’s bonuses come with terms and conditions, including wagering requirements and game restrictions. It’s important for players to carefully review and understand these terms to ensure a smooth bonus experience.
Payment Methods
- EcoPayz-Few hours
- Skrill- 24 hours
- Bitcoin- Instant
- Neteller- 24 hours
- AstroPay- Instant
- LiteCoin-instant
- Visa and MasterCard- 3-6 working days
| Payment Method | Deposit Minimum | Deposit Processing Time | Withdrawal Minimum | Withdrawal Processing Time |
|---|---|---|---|---|
| Visa | $10 | Instant | $20 | 2-5 business days |
| Mastercard | $10 | Instant | $20 | 2-5 business days |
| Maestro | $10 | Instant | $20 | 2-5 business days |
| Neteller | $10 | Instant | $20 | 24 hours |
| Skrill | $10 | Instant | $20 | 24 hours |
| Paysafecard | $10 | Instant | $20 | 24 hours |
| ecoPayz | $10 | Instant | $20 | 24 hours |
| Bitcoin | $10 | Instant | $20 | 24-48 hours |
| Ethereum | $10 | Instant | $20 | 24-48 hours |
| Litecoin | $10 | Instant | $20 | 24-48 hours |
| Tether | $10 | Instant | $20 | 24-48 hours |
Quickest payout
As now you understand the quickest payout depends on the withdrawal method that you choose at the online casino to get back your wins. e-wallets like Neteller and Skrill are considered the Quickest payout methods followed by others. If the best payout online casino allows you to make a withdrawal of your winnings by Bitcoins then cryptocurrencies of all kinds are also considered as the quickest payout.
Fastest withdrawal
The time taken to withdraw winnings using various banking methods will give you an idea about the fastest withdrawals at best payout online casinos
eWallets – Casinos usually take anywhere between 24 and 48 hours to process payouts through eWallets, although certain casinos allow players to withdraw their winnings instantly through methods such as Neteller, Skrill, ClickandBuy, ecoPayz, and more, all are commonly accepted web wallets which allow you to withdraw quickly. The process is instantaneous, therefore your funds are generally processed right away but it is important to remember it isn’t direct to your personal account and it can take a few days to withdraw from your web wallet to your personal account.
Credit/debit Cards – Players who choose to withdraw winnings through credit/debit cards have to wait up to five days to see their money in their accounts. Visa is a popular credit and debit choice to make a deposit, but when it comes to withdrawals it can be quite a slow option. It can take anywhere from 24 hours right up to 72 hours or more, as it comes down to what bank you use and their policies. MasterCard generally isn’t available for withdrawals but you may be able to opt for Maestro, though this brand still sees the same processing times as with all other credit and debit cards if accepted.
Bank Wire Transfer – This method can take as many as seven days.
Bitcoins– usually take 10-30 minutes to withdraw.
Checks – Checks take as many as 21 days or even more to reach players as online casinos do not accept responsibility for postal delays. Some casinos courier checks to their VIP players or demand payment from all players who wish to receive payments through courier checks.
Bonus Opportunities
There are awesome bonus opportunities at the best payout online casino. Besides the regular no deposit or welcome bonus of joining the casino, the best payout online casinos also offer you a bonus if you pick the right withdrawal method. Like if you pick Instadebit as a deposit and withdrawal then Spin Casino Canada offers you a $10 free bonus. Similarly, many other best payout online casinos have bonus offers for eWallets and Bitcoins.
FAQ
Is it legal to play at online casinos in Canada?
It is legal to play at online casinos in Canada. Most of the offshore online casinos are well-regulated and licensed casinos where there is legal to play and win. The Kahnawake Commission located in Quebec the Mohawk territory of Kahnawake saw the potential of online gaming in 1996, subsequently setting up the Kahnawake Gaming Commission of that year. This commission as well as Malta and other gaming authorities offshore casinos are legal in Canada.
Q2. How to withdraw winnings?
You can withdraw winnings by simply heading to the cashier or banking page of the best payout online casino. On the page select your method of withdrawal, type the amount you wish to withdraw and follow the given prompts or instructions. You can make a friendly withdrawal with Bitcoins, eWallets, Instadebit, and others.
Note that withdrawal fees vary from one banking method to the other and from casino to casino. For example, you can move funds to and from their Skrill accounts and online casino accounts for free; however, you have to pay a fee of $3 to transfer the funds from your Skrill account to your banking account. Neteller also charges reasonable fees although it is free to move funds from one’s Neteller account to one’s online casino account and to withdraw winnings back to one’s Neteller account.
Players should also note that they may have to pay higher fees for withdrawal methods such as checks and bank transfers. Usually, casinos charge in the range of $30 – $50 for withdrawals through these methods. Before selecting a withdrawal method, players should study the various fees associated with it in order to avoid running up to unnecessary costs.
Q3. How long the process takes?
As mentioned above the withdrawal process depends on the method of withdrawal that you have picked. Credit card withdrawals take more time, whereas e-wallets and bitcoins are instant. Certain restrictions are enforced on the amount players are allowed to cash out within a month. In many cases, players can withdraw as much as $50,000 within a period of 30 days but again, there are specific limits for each casino. Note that in some instances, players are limited as to the number of cash-outs they are allowed within a week or month.
Remember that for security purposes, casinos require players to submit certain documents before processing their payout requests. The casino may request documents such as photographic ID (passport, national ID card, or driving license), utility bills (electricity or phone bills), and proof of ownership of credit/debit cards or eWallet accounts. International money laundering and fraud regulations require casinos to request documents from their gambling customers.
Q4. What is the minimum withdrawal?
Each best payout online casino has set its own withdrawal limits. These limits may be affected by the payment solution used to process the transactions. With some methods, the limits are much higher when compared to those set for other banking options.
The deposit limits involve the minimum and maximum amounts players are allowed to transfer to their casino accounts per single transaction. These restrictions differ wildly from one casino to another but normally fluctuate between a $1,000 and a $5,000 upper limit per transaction. Meanwhile, the minimum normally ranges between $5 and $20 for deposits. Same way VIP players have higher withdrawal limits. When you withdraw only Bitcoins then the withdrawal limit is generally a minimum of 0.0001 BTC to 3 BTC at many casinos. Also, your winnings are not taxed in Canada.
Q5. What is a payout percentage?
It is the predicted return you will get from a bet in the casino when you play there. Games like slots, blackjack and roulette will have a payout percentage attached to some bets. For instance, a payout percentage of 97% means you would expect a $97 return from betting $100.
Q6. What is considered a good payout rate?
Payout rates of 96% and above are considered decent. There are many online slots that will offer these percentages and the very best casino payout rates will be in the 98%-99% range. Casino payout rates differ depending on the games you play — but all games will have a very slight benefit in favour of the casino.
Q7. What is the average payout of slot games?
The average payout of slot machines is expected to be within the 95% to 97% range. Bonus features in some slots may add to the percentage payouts further to 98%-99%. It is, therefore, always suggested to check what the average payout is when playing online slots.
Q8. How fast will the payouts be done?
Many online casinos process within 24 hours, as players become accustomed to slow payouts. Many sites offering the best odds online in casinos will also process transactions within 24 hours if you use e-wallet services. Others might require 1-3 days to process withdrawals. Each site will stipulate how quickly their payouts are processed but the best online casinos will generally be faster.
Conclusion
In conclusion, there are many great online casinos in Canada that offer high-paying slots. When choosing an online casino, it is important to consider the following factors:
- Payout percentage: The payout percentage is the amount of money that is returned to players over time. A higher payout percentage means that players are more likely to win.
- Game variety: The best online casinos offer a wide variety of slots to choose from. This includes classic slots, video slots, and progressive jackpot slots.
- Bonuses and promotions: Many online casinos offer generous bonuses and promotions to new and existing players. These can help you to increase your bankroll and increase your chances of winning.
- Security and licensing: It is important to choose an online casino that is licensed and regulated by a reputable gaming authority. This ensures that your personal and financial information is safe.
By following these tips, you can find the best online casino in Canada for your needs. So what are you waiting for? Start playing today!