Best Paying Online Casino Sites in Canada Ranked & Reviewed

Ernest Masuka

Betting Expert

Fact Checked by

Pavel Pudakov

Updated: 20 December 2023

The house always wins but the best-paying online casino sites take lower cuts, giving players a bigger percentage of their wagers back in winnings.

This guide shows you how to pick a site that suits you. You’ll also find expert tips on how you can make the most of your gaming experience at high-payout casinos in Canada.

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100% up to C$750 + 200 Free Spins

19/12/23

100% up to C$750 + 200 Free Spins

• Enjoy weekly casino challenges
• Offers a range of casino promotions
• Participate in exciting casino tournaments

9.8

NO CODE REQUIRED

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This offer is only available to members who have yet to make their first deposit at the casino. A minimum deposit of C$30 is required to qualify. The deposit plus bonus must be wagered 35x. Winnings from free spins need to be wagered 40x.

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This offer is only available to members who have yet to make their first deposit at the casino. A minimum deposit of C$30 is required to qualify. The deposit plus bonus must be wagered 35x. Winnings from free spins need to be wagered 40x.

$400 Welcome Bonus

20/03/23

$400 Welcome Bonus

• Variety of games
• Generous bonuses
• Easy payouts

9.7

NO CODE REQUIRED

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The promotion consists of a 100% match bonus up to $400. You must make a deposit of $10 or more to claim this bonus.The deposit plus bonus amount is subject to a 5X playthrough requirement before the bonus amount, and any winnings can be withdrawn. 18+ Terms and Conditions apply.

Min Deposit €10

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100% up to 740 CAD + 30 FS

30/11/23

100% up to 740 CAD + 30 FS

• Regular bonuses
• Unique sports features
• Vip Program

9.7

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WLT001

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Promotion availabile only for customer’s first 5 deposits to the website. All first 5 deposit bonuses have same conditions and wagering rules. So players need to know that all rules are applied for five deposit bonuses separately.

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Eligible customers will receive 125% up to 1250€/$/£, 75% up to 750€/$/£, 40% up to 400€/$/£, 60% up to 600€/$/£ , 50% up to 500€/$/£(or equivalent to € in other currencies) on top of the deposited amount instantly upon entering the bonus code WLT001 for first deposit and contact Live Chat for second, third, fourth and fifth deposits. In case the customer fails to enter the bonus code when making their deposit, Customer Support should be contacted, before placing any wagers. The minimum deposit eligible for participating in this promotion is 20 €/$/£ (or equivalent to € in other currencies). The maximum bonus amounts for this promotion are 1250€/$/£ for first deposit, 750€/$/£ for second deposit, 400€/$/£ for third deposit, 600€/$/£ for fourth deposit,500€/$/£ for fifth deposit (or equivalent to € in other currencies).

100% Welcome offer up to $750 + 200fs

08/08/23

100% Welcome offer up to $750 + 200fs

• Competitive Welcome Bonus
• Live Streams Of Some Events
• Huge Range Of Betting Markets

9.7

NO CODE REQUIRED

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This offer is only available to new customers, who have registered and made their first real-money deposit at Sportaza. The Bonus is 100% of a player's first deposit bonus up to C$150. In order to qualify for the bonus, the player must play through the full amount of the first deposit at least once with odds no less than 1.50. All bets must be settled.

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The minimum qualifying deposit for this promotion is 30 CAD. This offer is only available to new customers, who have registered and made their first real-money deposit at Sportaza. The Bonus is 100% of a player’s first deposit bonus up to 8,000 INR. In order to qualify for the bonus, the player must play through the full amount of the first deposit at least once with odds no less than 1.50. All bets must be settled.

100% bonus up to $1,000 + 200 free spins

19/12/23

100% bonus up to $1,000 + 200 free spins

• Deposit with Interac and Instadebit
• Home to over 3,500 of the best online casino games
• Live casino games in crystal clear high definition

9.6

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100% Welcome offer up to 2500 CAD + 100 FS

12/12/23

100% Welcome offer up to 2500 CAD + 100 FS

• Huge casino library of 7000+ games
• Loyalty program: 5 Levels and 15 Stages
• Fast withdrawals

9.6

NO CODE REQUIRED

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Welcome pack for first 3 deposits: up to 56% free bet & 70% cashback

24/08/23

Welcome pack for first 3 deposits: up to 56% free bet & 70% cashback

• Unique gamification features with Betplays camp
• Your go-to sportsbook for fast withdrawals
• Boosted odds, Bore Draw + a host of sportsbook deals

9.7

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To be eligible for this promotion, players must make a first-lifetime qualifying deposit of €/$20 or more in their BetPlays account during the Promotional Period.

150% Casino Welcome Bonus Up To C$200

11/10/23

150% Casino Welcome Bonus Up To C$200

• Many popular payment methods
• More than 50.000 games
• Live chat & 24/7 customer support

9.6

NO CODE REQUIRED

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200% welcome deposit bonus of up to $1,000

20/03/23

200% welcome deposit bonus of up to $1,000

• Excellent sports coverage and market depth
• 24/7 Customer Support
• Extensive choice of cryptocurrency banking options

9.7

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INSIDERS

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200% sign-up promotion up to $1,000. Applicable on both sports and casino using promo code INSIDERS. Wagering 40x. Minimum deposit $50. Terms and conditions apply.

Min Deposit €10

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200% sign-up promotion up to $1,000. Applicable on both sports and casino using promo code INSIDERS. Wagering 40x. Minimum deposit $50.

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Welcome Casino Bonus of 200% Up To C$1,000

12/12/23

Welcome Casino Bonus of 200% Up To C$1,000

• 25% Monday live reloads on Live casino games
• Cashback & rakeback for VIP players
• Round the clock customer support & live chat

9.6

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Highest Payout Online Casinos

After extensive digging, we’ve come up with 10 of the highest-paying online casinos in Canada. Each site has passed vigorous checks, so you can rest assured our recommendations are top-of-their-league.

1. Powbet – Highest paying online casino in Canada overall
2. Bodog – Blackjack Early Payout tables with 99.5% payouts
3. Weltbet – Top casino with instant withdrawals
4. Sportaza – 18+ withdrawal methods to choose from
5. Wildz – Flexible bet limits
6. 50Crowns – Betting limits as low as $0.20
7. Betplays – Low $20 minimum deposit
8. Betsamigo – Several ongoing promotions
9. Stake – Best crypto high-paying casino
10. Lalabet – Exceptional loyalty program

A Closer Look at 5 Best Paying Online Casinos

Quite frankly, a site with a high payout isn’t always necessarily the best one to join. One needs to consider other factors to make a well-rounded decision when looking for casinos with the best payouts.

1. Powbet – Highest Paying Online Casino in Canada Overall

If you sign up with Powbet, you get to play games with a decent house edge, as the site has a 95% payout rate. But even better, you get to enjoy over 1,000 games, mostly slots powered by heavyweights like NetEnt. NetEnt has games like Mega Joker with a high 99% RTP, which boosts a casino’s payout percentage.

The generous welcome casino bonus of 100% up to $750 plus 200 free spins keeps you in the game longer. Only $30 is required to activate the bonus, so you don’t need to burn a hole in your pocket to get started. We counted 14 reliable withdrawal options, including Visa, Neosurf, and cryptocurrency. Payouts take between 1 and 3 days to process, and you can withdraw as much as $10,000 at no cost.

2. Bodog – Blackjack Early Payout Tables with 99.5% Payouts

Bodog lands second place despite having a higher 97.92% payout percentage than our number one pick. But when reviewing the best payout casinos, factors over and above the payout determine our rankings.

For one, Bodog’s 700-game count is less than what Powbet offers. That said, it’s still a brilliant casino with some of the best slots and live dealer games in the business. Speaking of live casino, it offers a Blackjack Early Payout table with 99.5% payouts to unlimited players.

In the live casino, you can stake as low as $5 or up to $2,500 if you consider yourself a high roller. If you use fiat platforms, you can withdraw up to $3,000. However, if you use cryptocurrency, there is no limit. This means you can withdraw any amount you desire.

3. Weltbet – Low Minimum Withdrawals

Weltbet is a Curacao-licensed casino that has the likes of Microgaming and Evolution Gaming backing its games lobby. That can only mean high-quality, high-RTP games. Think Gates of Olympus and European Roulette with 96.5% and 97.3% RTPs, respectively. That places its average payout percentage at 93.61%, according to eCOGRA.

Weltbet doesn’t have the longest list of payment methods compared to most sites. But it processes payments instantly via platforms like MuchBetter, giving it an edge. The casino does boast one of the lowest minimum withdrawal limits, allowing you to cash out as little as $10. If you experience any issues with your payments, help is only a click away via live chat or email.

4. Sportaza – 18+ Withdrawal Methods to Choose From

100% up to $750 + 200 free spins and a bonus crab are up for the taking when you join Sportaza. To be clear, a pick at the Bonus Crab grants you an opportunity to win a random reward on the platform.

You part with $30 to access the bonus, the standard minimum deposit with most Canadian casinos. Sportaza, however, has a mind of its own with its rather steep 35x wagering conditions that bump up to 40x for free spins.

You have access to over 5,000 casino games from ace game developers like Pragmatic Play and Play’n GO when you join this site. If you play and win, the Curacao-licensed casino allows maximum withdrawals of $30,000 monthly, which isn’t too shabby. You can choose any of the 18 payment methods to process your withdrawals which hit your account in 1 to 3 days.

5. Wildz – Flexible Bet Limits

Wildz Casino is the last highest payout online casino on our list, with an impressive 98.85% RTP. NetEnt and Play’n GO are top software studios behind the games, which explains the high win rate. Over 2,000 games are in the lobby, with 1,200+ being slots. The betting limits suit all budgets, allowing you to put down between $1 and $1,000.

Wildz also has one of the biggest welcome offers on the list comprising 100% up to $1,000 plus 200 free spins for first-timers. Deposits are made via fiat methods only, like Visa and Much Better. Although Wildz aims to process payouts within 24 hours, the timeframe might stretch to between 1 and 3 days.

How We Rank the Best Paying Online Casino Sites

Wondering how we go about separating the highest payout online casinos from the rest? Let’s just say we rely on a few key factors outlined below:

eCOGRA-Certified

Most online casinos are happy to list their payout percentages under the Help or Licensing sections. But, of course, listing a payout percentage is one thing.

The real concern is if casinos live up to the stated payout percentage. You have no way of telling. The best-paying online casino has its payout percentage checked and verified by an independent body like eCOGRA.

Payout Speeds

Canadian casinos typically process withdrawals in 1 and 3 days, based on the payment platform. But the best online casino payouts are concluded instantly, especially if crypto is involved.

Secure Payouts

To be the best payout online casino in Canada, the operator must pay on time and ensure security. Check if reliable payment gateways are on the lineup, and if the site itself is encrypted to deter data theft.

Games Available

As mentioned, a casino’s payout percentage is heavily influenced by the kind of games on board. For instance, anytime a casino has high payout slots with a 96% industry average return to player percentage and up, chances are the potential win rate is sky-high.

Software Studios

The game developers’ studios give an idea of the gaming quality even before you see the titles on display. Household studios like NetEnt and Evolution Gaming are synonymous with high RTP games and fair outcomes.

Best Paying Canadian Online Casinos Compared

The best-paying casinos online provide quick payouts, low minimum withdrawals, and high maximum withdrawals. Have a look at the table below comparing how our sites fare in this regard.

5 Ways to Maximise Your Winnings Online

The Canadian online casino market is expected to make around US$2.31 billion in revenue by 2023. So, it’s obvious the house has the upper hand. The only difference is the best-paying online casino has a smaller edge than the rest. Whichever gaming site you go with, here are some tips to make the most of the cards you’re dealt.

Practice in Demo Mode

Before putting down some cash on the line, we advise you to do a practice run first. The good news is sometimes you don’t need to create an account with the casino to try out the games for free.

Playing games in demo mode allows you to learn gameplay and try strategies without spending money. Once you understand, you can play real money slots at the best online casinos that pay out winnings often.

Take Advantage of Bonuses

The best-paying online casino has no issues dishing out lucrative bonuses, whether for slots or something else. After all, that’s the only way they can get gamers to keep playing. When used correctly, bonuses go a long way in extending your gameplay and boosting your potential returns even further.

Fee-Free Payment Methods

You can’t control the house edge at the best-paying online casino, but you can manage how you move your funds. Choosing fee-free payment methods eliminates deposit and withdrawal fees that gnaw at your profits. Even if it’s a small percentage, it’ll add up over time. However, you must double-check if your banking institution permits gambling for your chosen banking method.

Play Low-Stakes Games

This one is pretty straightforward. If you play games with low minimum stakes at the best-paying online casino, you’ll be at it much longer. Most online casinos offer games with varying bet limits, so you can pick what works for you. For instance, you can join blackjack or baccarat tables with minimum bet limits as low as 0.20, to stretch your balance.

Bet Responsibly

Last, but not least, always gamble responsibly, even at the best paying Canadian online casino. The goal is to have fun in the long run and avoid chasing quick wins.

To be safe, allocate a specific amount of money for gambling that won’t harm other areas of your life if lost. Also, take advantage of the casino’s responsible gambling tools, such as setting limits for your gaming sessions.

How to Request a Casino Payout

Withdrawing winnings at a casino has to be one of the most satisfying moments for any gamer. Moreso, if the whole process goes smoothly. Generally, the best-paying online casino keeps the process short and sweet as follows:

1. Assuming you’re already signed up with a casino, log in using your credentials.
2. Go to the withdrawals section and choose a withdrawal method.
3. Enter the amount you wish to withdraw and confirm the transaction.
4. Wait for the casino to process the transaction after conducting the necessary checks. You’ll need to provide a copy of your ID and proof of income prior.
5. How long the funds take to reflect will depend on the payment method.

Conclusion

When wagering on real money games, many players hope to win some of their money back at some point. If you join the best-paying online casino, the house edge is low, so a lot more of what all players cumulatively wager is paid back. That doesn’t directly equate to better chances of winning for each player, though.

When picking a casino, think about more than just the payout rate. Look at how quickly they pay out and how secure they are.

Implementing a few handy strategies should help you make the most of your wagering experience, too. A casino like Powbet is a good place to start. It’s safe, has a 95% payout percentage and lots of high RTP games for a rewarding gaming journey.

FAQs

Ernest Masuka

Betting Expert

Ernest Masuka is a casino gaming expert, having worked as a casino floor manager and written in-depth online gaming guides and reviews for the past 5 years. He joined SafeBettingSites as a freelance content writer in 2022 and is now a full-time contributing writer. He previously worked for publications like Silentbet and TopBettingSites.

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