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Understanding Payout Percentages
Put simply, payout percentages refer to the likelihood of a player being able to beat the casino. It can also be known as the house edge, which ensures the casino almost always wins. All games have a different payout rate, from slots and blackjack to baccarat and roulette. So knowing how to calculate a payout portion is very important. Usually displayed as a percentage and sometimes called RTP, the higher the figure for the return to player, the better the chance of winning money.
Factors Affecting Payout Percentage
There are a few factors that affect a casino’s payout rate, but our experts have broken them down into simple terms that are easy for Canadian players to understand:- House edge: Blackjack and baccarat have the lowest house edge – another facet of payout rates – at about 1% each.
- Game selection: Different games have different RTP – so choosing the right one increases the player’s chances at a top payout casino.
- Game rules: Game rules at a high payout casino will likely dictate how often wins will occur for Canadians who pick them.
- Slot volatility: This refers to how often games pay out at the best paying online casinos in Canada. Low volatility slots have winning spins more often, but high variance slots offer a better shot at the jackpot.
Top 5 Best Payout Online Casinos in Canada
With the above in mind, Canadians will likely seek high-payout online casinos to join. Our experts have conducted all the necessary research to find top payout online casinos that are well worth joining. Here are our picks for the highest payout online casinos in Canada:How to Choose the Best High Payout Online Casino
Our experts fully assess the best payout online casino sites to make informed recommendations. But once Canadians have decided which site to join, what do they actually need to do to get up and running at the best casinos for payouts? Our step-by-step guide has the answers.Pick a Casino From Our List
Canadians need to select which of the best payout casinos we have recommended to join. It is possible to join a few of the top best payout casinos too!
Register New Account
After selecting the best payout online casino to join, it is time to sign up. The registration process at the best casinos for payouts tends to be fast and simple.
Make a Deposit
The next step is adding funds to an account at the highest payout casinos. Go to the cashier and pick from the various payment methods that are offered.
Enjoy Gambling!
That’s it! You’re ready to start playing at a casino with best payout ratings. Will you go for slots at the best online payout casinos or games like baccarat?
Popular Online Casino Games With High Payouts
To have the best chance of winning at the best payout online casinos, choosing the right games is the key. Our experts have put together the following guide to the best games to select with the lowest house edge – and, therefore, the best chances of winning:Top 8 Highest Payout Slots Games
Slot games are among the most popular games at Canadian online casinos. But the choice of real money slots is endless, with some sites having hundreds, if not thousands, of games to pick from. Here are some of the best slots in terms of RTP:Pros and Cons of High Payout Casinos
As with any other type of Internet casino in Canada, there can be pros and cons to signing up to play at the best paying online casinos. However, the pros definitely outweigh the cons:What to Look for in a High Paying Online Casino
When our experts assess casino sites in Canada that boast high payouts, they are looking closely at a handful of different factors. Here are some of the most important factors that are always taken into consideration before we provide any recommendations whatsoever.Licensing and Regulation of Online Casinos
Sites must be fully licensed and regulated to be legal for Canadians to use. This means they need a license from a respected industry body like the Malta Gaming Authority or the Kahnawake Gaming Commission. Additionally, games should be tested for fairness by eCOGRA too. Based in the UK, eCOGRA has been testing Internet casino games for 20 years.RTP and How It’s Calculated
High RTP in the games on offer is a must – but that is just the start. We will always make sure that payout ratings have been calculated in a fair and precise manner.Data Safety
Players in Canada want to make sure their financial and personal information will be safe when they sign up to play casino games online. Data safety can be provided through state-of-the-art technology, such as SSL encryption.Reputation and Trustworthiness
We look at user reviews to see if casino sites are ranked well by players who use them. Sites might have a poor reputation or low trust rating if there are issues regarding withdrawing winnings, for example.Payment Methods and Withdrawals
Casino site cashiers typically have similar banking options. But some sites now allow more unusual payment options, such as cryptocurrency, to be used for deposits. Payout speeds and fees or charges are also considered within this category.Bonuses and Promotions Offered by the Online Casino
With so much competition in the industry, welcome bonuses are widely available. But not all casino bonuses are as good as they seem at first. We read the small print of the T&Cs carefully to ensure they are good value.Availability of Popular Casino Games
Many Canadians have their favourite casino games and will be upset if they do not have the chance to play them. We check game libraries for the top titles and ensure there is a good breadth of games to pick from.Mobile Compatibility
With so many players now preferring to play at Internet casinos via their smartphones, sites must prioritize mobile compatibility. Games should look great and work perfectly regardless of the device used to play them.Customer Support
Lastly, Canadians want to ensure they can access help if an issue arises with their account. Ideally, customer support is available on a 24/7 basis via channels like email and live chat.Problem Gambling
While most Canadians can play Internet casino games with no issues, addiction is a real issue for some people. Luckily, Canada is home to a few organizations that are able to help. Among them is the Responsible Gambling Council, which has advice on how to keep gambling fun, while the Canada Safety Council has further tips on avoiding addiction. The rule of thumb is that punters should never gamble more money than they can comfortably afford to lose.Highest Payout Casino FAQ
📈 What is the average RTP for Canadian casinos?
Each Canadian casino has a different rating in this area. The higher the number is, the better news for players. Averages top out at above 96% on the whole.
🔝 What is the highest payout percentage for online casinos?
Our research has found that Verde casino is the Canadian casino with the best rating in this department. With payouts of 98.9%, Verde is right at the top of the table.
🎲 Do online casinos have higher payout percentages than land-based casinos?
In general, payout rates at Internet casinos are higher than at traditional ones. Their expenditures are smaller, and an infinite number of players can gamble simultaneously.
🔓 Can payout percentage be manipulated by casinos?
Canadians who find it hard to trust online casino sites might wonder if payout ratings can be manipulated. This is why it is so important to ensure games are tested for fairness by a respected industry body such as eCOGRA.
🔎 How do I find the payout percentage for a specific game?
Good Canadian casinos should clearly display the payout rates for a specific game on their site. Otherwise, players can search our platform for the payout offered for a game they want to play.
