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Canadian players are constantly looking for online casinos that offer high RTP and fast payouts. Although there isn’t any foolproof way of knowing a casino’s payout rate, there are pointers I always use to recognize the best payout online casino.
The two key indicators that a casino offers the best payouts are the quality of games in the game lobby and the available payment options. I look for games from trusted providers and instant payment options like e-wallets and cryptocurrencies. Also, I pay attention to a casino’s license since scam sites can lure players in with bogus RTPs.
Since all online casinos feature payouts, the term “payout casino” might be a little confusing, but I’ll explain it in simple terms. Payout casinos refer to casinos that consistently offer games that have a high RTP. They also refer to gaming sites with faster payout speed.
The best payout casinos in Canada offer a mix of both factors, which is why most gamers prefer the option. While many online casinos have low payout limits and withdrawal times, payout casinos have high withdrawal limits and process payments quickly. They achieve speedy transactions through instant payment methods that offer high transaction limits and lightning-fast payments.
Factors you can use to identify a payout online casino include the following:
One of the first things I notice when playing at the best payout online casino is the range of trusted and efficient payment systems available for deposits and withdrawals. These payment methods are a unique mix of Canadian-specific options and other widely accepted alternatives.
Look out for these payment systems in the cashier section:
Mainly an instant deposit option, this payment method is only available to Canadian gamers. It allows you to fund your wagering wallet directly from your bank account without having to divulge your banking information on the casino site.
Interac has an online and e-transfer option. While this payment system is ideal for deposits due to its speed, the best payout online casinos often don’t accept it as a withdrawal method due to its limited withdrawal capabilities.
INSTADEBIT is preferred as a withdrawal option due to how fast it is. However, it’s not as widely accepted as Interac, so not all online casinos in Canada support it. But INSTADEBIT offers secure and speedy payments and is safe to use wherever you find it.
The best payout online casino in Canada will typically feature a couple of internationally accepted e-wallets like Neteller and Skrill. From what I’ve noticed, some e-wallets like EcoPayz offer faster withdrawals than others.
I often find a solid selection of crypto payment options in sites offering the best online casino payouts in Canada. Cryptocurrencies like Bitcoin, Litecoin, and Ethereum are more popular in these gaming sites. With this option, players enjoy instant transaction times with minimal fees.
The best payout online casino supports instant bank transfers and credit/debit card payment. However, I mostly find these options in the casinos’ deposit sections as they’re usually faster for deposits than withdrawals.
To be clear, no online casino will offer only games within any specific RTP bracket. Nevertheless, you can expect to find lots of games with high RTP rate at reputable casinos with good payout ratings. These casinos host games from top developers who are independently tested for fairness. So their games always have fair RTP rates.
Having said that, note that average RTP is around 95.00%, while low RTP is usually below 88.00%. High RTP is between 96.00% to 99.50%, and certain games have higher RTP than others. Games like Video Poker and Blackjack have titles with over 99.0% RTP.
Baccarat and Craps follow closely behind, with some titles having 98% RTP rate. Slots aren’t left out, as most slot games RTP is around 92.00% to 95.00%. However, you’ll still find some slots with 96.00% to 98.00% RTP. The best payout online casino in Canada has a great selection of games across different RTP.
Several factors affect how long a casino takes to pay your winnings. These factors range from internal processing times to verification processes. So, there’s no fixed time. However, based on my experience, I’ve outlined the feasible timeline in the table below.
Casino type | Deposit time | Withdrawal time |
---|---|---|
Fast payout casinos | Instant | 24 hours – 48 hours |
Traditional payment casinos | 10 mins – 24 hours | 1 –5 days |
Crypto payment casinos | Instant | 24 hours |
Finding the best payout online casinos in Canada can be tricky because, often, you have to play there to get a feel for their payout rates and speed. Thankfully, I’ve put together a list of online casinos with great payouts in Canada. Check the banner at the top of this page for my top recommendations.
There are lots of online casinos in Canada, making it challenging to pick the best one. But, there are always markers to identify them. Below are the top five tips I use in making my choice:
The best new casino sites in Canada that consistently payout to players are usually fully licensed and regulated by trusted bodies like the Kahnawake Gaming Commission in Canada. Legit licenses ensure that online casinos abide by the operational laws guiding the iGaming industry.
Payout casinos are identified by their fast withdrawals and high cash-out limits. They usually pay within 24 to 48 hours. Some of these casinos have a high limit of up to $10,000 per week. You’ll also find sites without any withdrawal limit. If you’re a high roller, I recommend playing at VIP casinos online where you’ll get higher withdrawal limits.
Online casinos with more traditional payments like bank transfers and credit/debit cards tend to process payments more slowly than sites with instant payment options. The best payout online casinos prioritize fast payments. So, they include lots of instant payment options like INSTADEBIT and cryptocurrency for both deposits and withdrawals.
Always check your preferred casino’s promotions page to see the available bonuses and their T&Cs. If a casino offers bonuses with unreasonable wagering requirements, it’s not worth claiming.
You may run into problems occasionally when processing deposits and withdrawals at online casinos. A responsive customer service team always comes in handy in these situations. If a casino doesn’t have live chat or phone support that offers prompt responses to your queries, I won’t advise you to play there.
It can be frustrating waiting for long intervals to get your winnings from an online casino. Thankfully, payout casinos have eliminated this problem by offering instant withdrawal options. I’ve included expert tips in this article to help you find the best payout online casino in Canada. You’ll also find the best payout casinos in the banners on this page.
The best payout casino in Canada is one that offers instant withdrawals. A payout casino also features games with high RTP rates and has an average faster payout times than other online casinos.
RTP refers to a game’s payout percentage. It’s usually fixed by software providers and varies by game type. For instance, slots generally have a lower RTP than table games.
While high RTP rates increase your winning chances, they don’t guarantee winnings. Chance still plays a significant role in gambling, and the game outcome is usually determined by Random Number Generators (RNGs).
Yes, table games generally have higher RTPs than slots. However, the payout percentage depends on the number of games available and their RTPs.
You can identify online casinos with high payout by looking into the casino’s licensing and regulation. Also, check the software providers and the available games’ RTP.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.