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Best Payout Online Casino Canada | Highest & Fastest Payouts

Best Payout Online Casino Canada | Highest & Fastest Payouts

How Do Casino Payout Percentages Work?

When we talk about casinos’ payouts, we’re actually discussing RTP — Return to Player. In short, RTP is the percentage the casino pays back to players for every game played, over a prolonged period of time.

payout percentage

In other words, the payout percentage is the ratio of how much players wagered vs how much the casino paid out.

Let’s say that today, players wagered $10000 in a certain online casino, and the casino paid out $9600 altogether. That means the casino has an RTP of 96%: that it pays out roughly 96% of what players wager.

what’s a good RTP?

While the average RTP for different casino games can range from as low as 90% to as high as 99%, most casinos’ overall RTP tends to fall somewhere in the middle.

But while 95.5% or 96.5% doesn’t sound like that big of a difference, the more you win, the bigger the gap becomes.

To some players, this may sound like a hoax. After all, if you should be winning $96 per every $100 you wager, well… why aren’t you?

Because this is an average over a prolonged period of time that takes into account every single player. After all, if you were constantly getting less than what you wager, it wouldn’t make much sense.

So, both those who won thousands of dollars, and those who won nothing will be in the mix.

With that out of the way, let’s look into the RTP you should be searching for.

average casino RTP

When you’re choosing which casino to play at, apart from reputation, safety, and a wide variety of games offered, you should also be looking for an RTP of at least 95-96%.

In the industry, this is considered the average, and something you shouldn’t go below.

You’ll hardly find a casino with RTP much higher than 97%. If there’s a casino claiming their payout is that high, be sure to double check it’s legal and safe.

While the payout rate plays a big role in choosing the casino you’ll play at, the number of withdrawal methods and the speed with which those payouts are sent out can be just as important.

To help you get a better overview of which casinos have what you need, we’ve compared them against the number of withdrawal methods and withdrawal times.

If you want to know more about these casinos’ payment methods, here’s a quick overview.

CasinoWithdrawal MethodsWithdrawal Time
Bet9983-5 Days
Bet36591-5 Days
Sports Interaction11Up to 72 hours
Betway10Up to 72 hours
bwin124h-7 days (up to 20 days for checks)
888Casino72-8 days
BetVictor81-5 Days
LeoVegas51-7 days
PlayOJO1048h on average
Spin Casino113-6 days
Best payout casinos in Canada compared

As we already mentioned, casino games’ RTP tends to vary between 90% and 99%.

We will cover three of the most often played games. If you wish to know more, there’s an extensive guide we did on this topic alone.

  • Slots. While slots are the all-time favourite of casino players, their RTP can be as low as 90%. An average is anywhere from 90%-96%, and playing at those that are at least 95% is advisable.
  • European roulette. This specific variation of roulette is the most favourable, with an RTP of 97.30%.
  • Blackjack. Finally, the casino game with the highest RTP is blackjack, averaging 99%!

FAQs

Sports Interaction has by far the highest RTP of 97.65%. Spin Casino is fairly close at 97.10%.

The casinos that offer the highest payouts are Sports Interaction, Spin Casino, and PlayOJO.

While all of the casinos we recommend make it very easy to withdraw your money, the one with the greatest number of withdrawal methods and the shortest withdrawal time is Sports Interaction.

No online casino can have immediate payouts, because processing the withdrawal always takes some time. Plus, the overall withdrawal time will always depend on your preferred payment method as well. But there are casinos that can pay you out in a day, given that you opt for the withdrawal method that allows it. These include bet365 and bwin.

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