In Ontario, Canada, the payout percentage of a casino game is determined by its Return to Player (RTP) rate. The RTP is the percentage of wagered money a game returns to players over time. The higher the RTP, the more likely a player is to win money.
Factors that affect high payouts include the game type, house edge, and jackpot size. Casinos certified by eCOGRA (eCommerce Online Gaming Regulation and Assurance) are more likely to offer high payout rates as they ensure fair and honest gameplay. This article will explore the best payout casinos in Ontario based on their certified RTP rates and eCOGRA certification.
Casino Payout Percentage Explained
RTP stands for Return to Player, a measure of the percentage of all wagered money on a game that is paid back to players as winnings. RTP is an important factor for players to consider when choosing a game to play, as it indicates how likely they are to win money from playing.
Calculating RTP for slots involves the following steps:
- Determine the total amount of money wagered on the game during a specific period.
- Subtract the amount paid out to players as winnings during that same period.
- Divide the remaining amount (the game’s profit) by the wagered amount, then multiply by 100 to get the percentage RTP.
To find RTPs at online casinos, players can check the game information or paytable for the specific slot they are interested in playing. Many best paying casinos Ontario also provide information on the average RTP for all their games on their website or in their terms and conditions.
Calculating the house edge for applicable table games, such as blackjack or roulette, involves a similar process:
- Determine the total amount of money wagered on the game during a specific period.
- Subtract the amount paid out to players as winnings during that same period.
- Divide the remaining amount (the casino’s profit) by the wagered amount, then multiply by 100 to get the percentage house edge.
Players can also check the table game rules they are interested in playing to find information on the house edge. Many online casinos provide this information on their website or in their terms and conditions.
It’s important to note that while RTP and house edge are useful indicators of a game’s fairness, they do not guarantee any specific outcome for an individual player. The outcomes of casino games are determined by random chance, and players should always gamble responsibly and within their means.
Top Best Paying Ontario’s Casinos
Not all online casinos are created equal, and gamblers need to know what to look for when choosing a high paying online casino.
| Best Payout Casino: | JackpotCity Casino |
| Best Instant Withdrawal Casino: | Royal Panda Casino |
| Lowest Fee Casino: | Zodiac Casino |
| Safest Casino: | PartyCasino |
| Best Minimum Deposit Casino: | LeoVegas Casino |
Here are some things that gamblers should know about top-rated, high-paying Ontario casinos online:
- Licensing: The online casino should be licensed and regulated by a reputable authority, such as the Kahnawake Gaming Commission, the Malta Gaming Authority, or the UK Gambling Commission.
- Security: The online casino should use the latest encryption technology to protect player information and transactions.
- Fairness: The casino must be eCOGRA certified and regularly audited by eCOGRA, a third-party auditor that ensures the fairness and integrity of online casino games.
- Payout Rates: Top-rated online casinos in Ontario typically have high payout rates, with the average payout rate being around 95%. Gamblers should check the casino’s payout rate before playing any games.
- Game Variety: A good online casino should offer a wide range of games, including slots, table games, live dealer games, and more.
- Customer Service: The casino should offer excellent customer service, with multiple options for contacting support, such as live chat, email, and phone.
Jackpot City Casino
Jackpot City Casino, owned by Digimedia Limited Casinos, has been operating since 1998. With a game selection of over 700 options, players can take advantage of a 100% match bonus of up to C$400 on their first four deposits with a minimum deposit of C$10. The casino has a 70x wagering requirement and boasts a high payout percentage of 97.84%.
Payouts are fast, with funds typically received within 1-2 days. The casino offers a maximum jackpot of C$5,000,000. Overall, Jackpot City Casino provides a wide range of games and generous bonuses, making it a great choice for online gaming enthusiasts.
| JACKPOT CITY OVERVIEW | |
| Average RTP | 97.84% |
| Number of Games | 600+ |
| Minimum Deposit | $10 |
| Deposit Options | EcoPayz, Kalibra Card, Ukash, Euteller, Neosurf, eChecks, Instant Banking, GiroPay, Multibanco |
| Withdrawal Limits | $20 – $4,000, $10,000 for VIPs |
| Average Processing Period | 24 – 48 hours |
Zodiac Casino
Zodiac Casino, owned by Apollo Entertainment, is registered under C-45483 and regulated by the UK Gambling Commission and Malta Gaming Authority. The casino can be contacted via email at [email protected] or through its 24-hour live chat.
The minimum deposit amount is £10, and no fees are charged for transactions, which can be made in EUR, GBP, or USD. A deposit bonus of 80 free spins is available with 60 times the wagering requirement that must be met within 7 days. The casino offers a Casino Rewards Loyalty Scheme and has a game selection of 550 options with an average RTP of 96.16%.
| ZODIAC CASINO OVERVIEW | |
| Average RTP | 96.16% |
| Number of Games | 550+ |
| Minimum Deposit | $1 |
| Deposit Options | Neteller, PayPal, Skrill, Visa Electron, Paysafecard, Direct Bank Transfer, iDEAL, Trustly, EcoPayz, Kalibra Card, Ukash, Euteller, Neosurf, eChecks, Instant Banking, GiroPay, Multibanco, ClickandBuy, EPS, PugglePay. |
| Withdrawal Limits | $20 – $5,000 |
| Average Processing Period | Up to 2 Business Days |
Ruby Fortune
Ruby Fortune is one of the highest payout casinos in Ontario and has been operating since 2003. The casino is owned by Bayton Limited Casinos and is licensed by the Malta Gaming Authority. Ruby Fortune offers a variety of games from the leading software provider Microgaming, including popular slots, table games, and video poker.
The casino also offers a generous welcome package that includes a 100% match bonus of up to €150 on the first deposit, a 50% match bonus of up to €200 on the second deposit, and a 25% match bonus of up to €400 on the third deposit. Players can claim a bonus of up to €750. The casino can be accessed on its website http://www.rubyfortune.com
| RUBY FORTUNE OVERVIEW | |
| Average RTP | 97.49% |
| Number of Games | 650+ |
| Minimum Deposit | $10 |
| Deposit Options | EcoPayz, Paysafecard, InstaDebit, VISA, Interac, Mastercard |
| Withdrawal Limits | $25 – $10,000 |
| Average Processing Period | Within 24 hours |
Highest Payout Casino Games in Ontario Canada
Slots and poker games typically use the term RTP, which stands for Return to Player, to indicate the percentage of bets placed that are returned to players over the long term.
In contrast, the House Edge on roulette or blackjack represents the commission a casino takes from player wagers. Understanding these concepts is crucial to making informed decisions about which games to play to maximize your winnings.
Online Blackjack
| Blackjack Variant | House Edge |
| Atlantic City Blackjack | 0.35% |
| Pontoon | 0.36% |
| Spanish 21 | 0.40% – 0.50% |
| Double Exposure Blackjack | 0.67% |
| Classic Blackjack | 0.50% |
Online Roulette
| Roulette Variants | House Edge |
| French Roulette | 1.35% |
| Double Ball Roulette | 2.60% |
| English Roulette | 2.70% |
| European Roulette | 2.70% |
| Mini Roulette | 3.85% |
Online Slots
The highest RTP slot games have a unifying feature of offering the highest theoretical return to player percentage, typically above 96%. The volatility of which online slots payout the most in Ontario can range from low to medium to high, and their bet sizes can differ. They may or may not be progressive jackpots and can have various paylines and themes. The RTP is determined by the game’s design and is a measure of the percentage of bets placed that are returned to players over the long term. Popular highest RTP slots include:
| Slot Name | Provider | RTP |
| Blood Suckers | NetEnt | 98% |
| Jackpot 6000 | NetEnt | 98.8% |
| Mega Joker | NetEnt | 99% |
| Mystery Reels Megaways | Red Tiger Gaming | 98.06% |
| 1429 Uncharted Seas | Thunderkick | 98.29% |
How We Rate & Review Highest Payout Casinos? 600
In online gambling, choosing the right casino can significantly impact the player’s overall experience. Several factors come into play when selecting a reliable and high-paying online casino. In this context, we will explore some of the most important considerations we consider when rating and reviewing the best online casinos.
License
Whether or not a casino holds a gambling license is an important factor when rating and reviewing the highest payout casinos. A license ensures that the casino operates legally and in compliance with regulations. Different jurisdictions have different licensing authorities, such as iGaming Ontario in Ontario, Canada and the New Jersey Division of Gaming Enforcement in New Jersey, USA.
Toronto casinos that hold licenses are generally considered safe, trustworthy, and reliable to gamble at, as they must adhere to strict standards to maintain their license. A licensed casino is more likely to protect its players’ privacy, provide fair games, and process payouts promptly, making it a key consideration in our rating and review process.
Casino Games Variety
Casino game variety is another factor we consider when rating and reviewing online casinos. We understand that players can get bored playing the same games repeatedly, so we only recommend casinos that offer diverse games. This includes popular categories like slots, table games, video poker, and live dealer games, with a wide selection of titles within each category. The quality and variety of game providers also play a role in our assessment, as we prioritize casinos that partner with top-tier developers and offer the latest releases.
Reliable Casino Software
The most reputable software providers, such as Microgaming, NetEnt, and Playtech, have their games audited and positively ratified by independent testing agencies like eCOGRA. This ensures that the games are fair, unbiased, and truly random. In addition, reliable software providers invest in the latest security measures to protect player data and provide a smooth, glitch-free gaming experience. We prioritize online casinos that partner with trustworthy software providers to ensure that our users enjoy a high-quality and fair gaming experience.
Mobile Compatibility
Mobile compatibility is an important factor that we consider when rating and reviewing online casinos. We only recommend casinos whose games are available in instant play mode via mobile browsers or whose apps can be downloaded to both iOS and Android devices. The convenience of our users is of great importance to us, and we understand that many players prefer to access their favourite games on the go.
Casino Bonuses
Bonuses, such as welcome offers, free spins, and cashback rewards, can allow players to explore the casino’s offerings with little to no extra costs to their bankroll. We prioritize casinos that offer fair and transparent bonus terms and conditions with reasonable wagering requirements and time limits.
Convenient Payment Options
We recognize that the best online casinos that payout in Ontario must offer a range of payment options to cater to players from all parts of the world, including credit/debit cards, e-wallets, bank transfers, and cryptocurrency. We prioritize casinos that offer secure and convenient payment methods with fast processing times and no hidden fees.
Security Issues
Security issues can expose players’ sensitive information to hackers and spoofers, leading to financial loss and other problems. To safeguard users’ data, we prioritize casinos that engage advanced cybersecurity measures, such as TLS/SSL encryption and end-to-end encryption. A secure casino environment protects players’ sensitive data and provides peace of mind and a more enjoyable gaming experience.
Customer Support
We prioritize casinos that offer efficient and reliable customer support, with at least two contact options, such as 24/7 live chat, email support, or phone contact. We also consider the quality of customer support and the speed of response. Casinos with negative reviews regarding customer support may not receive a high rating from us.
VIP Programs
Top casinos offer a variety of perks as part of their VIP reward program, including personal account managers, increased withdrawal limits, faster payouts, special offers, and birthday deals. Players climb up the loyalty program with the more points they rack up. We assess the quality of VIP programs and consider the specific benefits, the requirements to join, and the overall value to the player.
Banking Options for Fast Payout Withdrawals
When it comes to online gambling, players often look for fast and secure banking options for withdrawals. E-wallets, prepaid cards, and cryptocurrency offer some of the quickest withdrawal times, allowing players to access their winnings in hours or days.
Other options like bank transfers and credit/debit cards may take longer but offer the added security of traditional banking methods. It’s important to consider factors such as fees, limits, and processing times when selecting a banking option for fast payout withdrawals. We’ve covered the more popular options below:
- Credit/Debit Cards – Credit cards allow users to borrow money from a predetermined line of credit. The user must repay any borrowed amount, associated interest, and fees. Debit cards allow users to make purchases only with funds available in their linked bank account. Overdrafts are not permitted on debit cards, and purchases exceeding available funds will be declined.
- Prepaid Vouchers – Prepaid vouchers or cards are bought at retail outlets, loaded with predetermined funds, and offer an alternative payment method. They have a unique 16-digit number, a CVV, and a PIN for security. Popular prepaid voucher options include Paysafecard, QIWI, NeoSurf, and Entropay. These cards are typically sold in cash denominations ranging from $10-$100.
- Cryptocurrencies – Cryptocurrencies allow for fast and secure transactions on decentralized networks. Proof-of-work and proof-of-stake mechanisms are commonly used to verify and record transactions on these networks. These mechanisms help ensure the integrity of the network by validating transactions and creating new blocks. Cryptocurrencies also offer anonymity, decentralization, and security features that make them appealing to users. Top Cryptos include Bitcoin, Litecoin, Ethereum, Ripple, Solana, and others.
- Wire Transfers – Wire transfers are a payment option available at many online casinos but are known for their longer processing times. Domestic wire transfers can take anywhere from a few hours to a few days, while international transfers can take up to several weeks to process. While wire transfers offer the advantage of being a secure payment method, they are not typically recommended for players looking for fast withdrawal options. It’s important to consider the processing times and fees associated with wire transfers before choosing this payment method.
- E-Wallets: E-wallets like PayPal, Skrill, and Neteller are popular due to their fast processing and low fees. However, some casinos disqualify them from bonuses as players can easily create multiple accounts. You can fund e-wallets with credit/debit cards or wire transfers. Most e-wallets support the Canadian dollar, ridding you of the need to pay extra in currency conversion fees.
High Payout Casino Bonuses
High payout casino bonuses are promotions that offer players the opportunity to earn more money than regular bonuses. These bonuses often come with a higher or maximum payout percentage, providing a better chance of winning big. However, it is important to note that high payout bonuses may also come with higher wagering requirements or specific terms and conditions that must be met before any winnings can be withdrawn. Here are the most popular high payout casino bonuses available at online casinos.
Welcome Bonuses
Welcome bonuses are promotional offers given to new players by all high paying Ontario casinos online, sportsbooks, and other gambling sites. They are designed to incentivize players to sign up and make their first deposit. Welcome bonuses typically come in the form of a matched deposit bonus, where the casino matches a portion of the player’s initial deposit up to a certain amount. For example, a casino might offer a 100% matched deposit bonus of up to $500.
If a player deposits $500, the casino will credit their account with an additional $500, giving the player a total of $1,000 to play with. Welcome bonuses often have terms and conditions, including wagering requirements, which must be met before the bonus and any associated winnings can be withdrawn.
Reload Bonuses
Reload bonuses are promotional offers given to existing players by online casinos and sportsbooks. They are designed to encourage players to continue playing and making deposits. Reload bonuses typically come in the form of a matched deposit bonus, similar to welcome bonuses.
For example, a casino might offer a 50% matched deposit bonus of up to $200 on a player’s second deposit of the week. If the player deposits $400, the casino will award them an additional $200, giving the player a total of $600 to play with. Like welcome bonuses, reload bonuses often have terms and conditions, including wagering requirements, that must be met before any associated winnings can be withdrawn.
Cashback Bonuses
Cashback bonuses are rewards that online casinos give you when you lose money playing their games. The bonus is usually a percentage of your net losses over a certain period. So if you lose $100 and the cashback bonus is 10%, you’ll get $10 back in bonus funds. Just like other bonuses, cashback bonuses might have rules you need to follow before you can withdraw the bonus or any winnings from it. Make sure to read the terms and conditions carefully. It’s a nice way to get something back even when you’re not having the best of luck at the casino.
Like other bonuses, cashback bonuses may have terms and conditions, such as maximum cashback amounts or wagering requirements, that must be met before the bonus and any associated winnings can be withdrawn.
No Deposit Bonuses
No deposit bonuses are a popular online casino bonus that allows players to try out games and win real money without depositing any of their funds. For example, a casino might offer new players a $10 no deposit bonus for any game. These bonuses are an excellent way to test out a new casino or game without risking your own money, and they can often lead to real cash payouts.
However, no deposit bonuses typically come with strict terms and conditions, such as wagering requirements, so it’s essential to read the terms carefully before claiming the bonus. Overall, no deposit bonuses offer an exciting and low-risk way to get started with online gambling.
Free Spins
Free spins are a popular high payout casino bonus type that offers players the chance to play slot games without using their money. For instance, an online casino may offer new players 50 free spins on a specific slot game as part of their welcome bonus package. These free spins can come with a high payout percentage or a higher maximum payout, providing a great opportunity to win big while playing for free.
However, before claiming the bonus, players should always read the terms and conditions of free spin bonuses, which may include game restrictions or wagering requirements. Overall, free spins can be an excellent way to maximize your winnings and enhance your online gaming experience at a high payout online casino.
FAQ
- What is a payout percentage?
A payout percentage is the amount of money a gambling machine or casino game pays out as winnings compared to the amount of money wagered. It is expressed as a percentage and represents the average return to a player over a long period. For example, if a game has a payout percentage of 95%, it means that over time, for every $100 wagered, the game will pay out $95 in winnings.
- What is the average payout of slot machines?
The average payout percentage of slot machines varies by location and jurisdiction and can range from as low as 75% to as high as 98% or more. However, the exact payout percentage of a slot machine is determined by its software and is designed to provide a long-term average payout percentage that meets regulatory requirements. Players should be aware that payout percentages are averages and can fluctuate widely in the short term.
- What are the best payout casino games?
The best payout casino games are those with a high payout percentage and low house edges, such as blackjack, video poker, and baccarat. These games offer players the best chance of winning in the long run. However, it’s important to note that while these games may have a better payout percentage, they also require a higher level of skill and strategy to win, making them more challenging to play for some.
- Do online casinos pay out?
Yes, Ontario casinos with high payouts pay out. However, the payout percentage and speed may vary depending on the casino and the payment method used. Choosing a reputable and licensed online casino and reading the terms and conditions carefully before playing is important. In addition, players should also ensure they provide accurate and up-to-date payment details to avoid any potential delays or issues with receiving their winnings.