What Are the Best Payout Online Casinos?

Looking for top paying online casinos in Canada? Your search ends here! Our selection features the best payout casinos with the fastest withdrawal time. Check out our recommendations below and find ways to enhance your winning potential.

Best Paying Online Casinos (February 2024)

  1. 1

    $5,000

    Bonus

    Min Deposit $20

    1400+ Slots

    Pros

    • 1600+ Casino games available
    • VIP Bonus and weekly promotions
    • Bitcoin and Interac deposits

    Payout Speed

    Less than 24h

    Win Rate

    96%

    Safely Deposit With

    • MasterCard
    • Visa
  2. 2

    $5200 + 150 Free Spins

    Bonus

    Min Deposit $25

    4000+ Slot Games

    Pros

    • Huge range of casino games
    • Accepts cryptocurrencies such as Bitcoin
    • Has a lucrative VIP program

    Payout Speed

    Instant

    Win Rate

    96%

    Safely Deposit With

    • MasterCard
    • Visa
    • Bitcoin
  3. 3

    $750 +200 Free Spins

    Bonus

    Min Deposit $10

    5000+ Games

    Pros

    • 24/7 Instant live chat support
    • Offers sportsbook and live betting
    • Wide variety casino and sports promotions

    Payout Speed

    Instant or 3-5 Working Days

    Win Rate

    98%

    Safely Deposit With

    • MasterCard
    • Visa
    • Neteller
    • Skrill
  4. 4

    $600 + 500 Free Spins

    Bonus

    Min Deposit $20

    Pros

    • Offers a wide variety of tournaments
    • Loyalty program with unique privileges
    • Sports betting available

    Payout Speed

    1-3 Business Days

    Win Rate

    96%

    Safely Deposit With

    • MasterCard
    • Visa
    • Bitcoin
  5. 5

    150% up to $600

    Bonus

    Min Deposit $20

    Pros

    • Up to 50% reload bonus
    • 50% and up to 50 Free Spins Friday Reload
    • Loyalty program that rewards regular players

    Payout Speed

    1 - 5 Business Days

    Win Rate

    96%

    Safely Deposit With

    • Visa
    • MuchBetter
    • Bitcoin
  6. 6

    $4000 +200 Free Spins

    Bonus

    Min Deposit $10

    1500+ Slots

    Pros

    • More than 75+ software providers
    • Reasonable wagering requirements
    • Crypto-friendly

    Payout Speed

    Instant - 5 Business Days

    Win Rate

    96%

    Safely Deposit With

    • MasterCard
    • Visa
  7. 7

    $600 +50 Free Spins

    Bonus

    Min Deposit $10

    800+ Slots

    Pros

    • Over 1800 unique games
    • VIP Bonus offer has 30% live casino match rate
    • Fast and reliable withdrawal times

    Payout Speed

    1 Hour - 5 Days

    Win Rate

    96%

    Safely Deposit With

    • MasterCard
    • Visa
    • Bitcoin
  8. 8

    $1600

    Bonus

    Min Deposit $10

    300+ Slots

    Pros

    • Live casino uses Canadian dealers
    • Excellent 24/7 customer support
    • Exclusive VIP program

    Payout Speed

    1-4 Business Days

    Win Rate

    97%

    Safely Deposit With

    • MasterCard
    • Visa
  9. 9

    20% Cashback

    Bonus

    Min Deposit $10

    2000+ Slots

    Pros

    • Games from 60+ software providers
    • Daily bonuses and promotions
    • Solid loyalty and VIP programs

    Payout Speed

    Instant - 5 Business Days

    Win Rate

    96%

    Safely Deposit With

    • MasterCard
    • Visa
    • Skrill
  10. 10

    $600 +500 Free Spins

    Bonus

    Min Deposit $20

    4,000+ Games

    Pros

    • 1000+ Slots and other games available
    • Interac deposits plus 6 crypto payment options
    • Weekly Bonuses and VIP Rewards Program

    Payout Speed

    1 Day

    Win Rate

    97%

    Safely Deposit With

    • MasterCard
    • Visa
    • Bitcoin

How We Test: Best Payout Casinos in Canada

After peering over the list above, you’ve definitely identified a casino that can bring you loads of joy. The true joy of online gambling is about finding an online casino that perfectly fits the bill. For this reason, here are some vital tips and tricks for choosing an online casino with reliable payouts.

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Licence and Regulation

When choosing a casino with the best payout rates, start with this. An official gaming body, like the Kahnawake Gaming Commission or the AGCO (Alcohol and Gaming Commission of Ontario), should always grant licenses to casinos.

Furthermore, the casino may be granted an offshore license in Gibraltar, the UK, Malta, and Curaçao. These authorities make sure that casinos provide dependable services, such as quick and safe payment processing.

Casino Reputation

Reputation

The best method to be confident about the casino's payout policies and other important details is to research its reputation. Such information regarding casino brands can be found in a number of internet forums or by conducting one or two web searches. See our evaluations of a few of the most well-known casinos in Canada.

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Safety and Security

An online casino's safety is directly impacted by its licensure and reputation. Your entire personal information is safe from prying eyes thanks to encryption technologies. Before including a website in our carefully curated ratings of casinos, our crew always makes sure that it is secure. This way, you may play your favorite games without worrying that your data will be compromised.

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Game RTP

As everyone knows, the majority of game creators are happy to provide the return to player (RTP) figures for their creations. It would take a long time to go through every title and figure out the average payment, despite the fact that this transparency can be useful. Fortunately, the payout percentage for each of our casinos is listed for your convenience when playing. Play to your heart's content by selecting the game or casino that offers the most alternatives for you.

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Game Variety

having access to a library of games that appeals to you and includes titles you might want to attempt later in the series. This implies that a variety of games for slots, baccarat, blackjack, keno, bingo, poker, and other games should be available. There is a game to fit every preference thanks to this large selection. We only feature casinos that offer games from the top iGaming developers, so you can play the best games available.

Welcome bonus icon 1

Welcome Bonuses and Promotions

At Casino Magnus, we make sure that every casino on our list has promotions and bonuses along with user-friendly terms and conditions. Players should constantly verify the wagering conditions, validity duration, eligible games, and other details. Recall that the finest bonuses aren't always the largest ones.

mobile casino app 2

Mobile Gaming

Finally, we make sure that every casino we suggest offers a flawless and easy mobile experience. Players can use the standalone apps' web versions to access these casinos' services. Players may be guaranteed that they will have access to all services in either case, including quick payouts, live dealer games, customer service, bonuses, and more.

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Importance of Payment Methods

A gaming site's payment options have the power to make or break the transaction. For this reason, we only partner with Canadian casinos that accept the greatest variety of payment options.

Advantages of Quick Pay Casinos

Besides the obvious advantage of quick pay casinos offering faster payouts, these types of casinos carry with them a number of other attractive factors. Some other benefits include:

  • Players can choose from a number of secure and convenient ways of accessing their cash
  • Users can earn additional benefits through loyalty rewards and programs
  • Players can access their winnings faster.

Which Canadian Casino Has the Best Payouts?

Reviewed Casino Bonus Offer Number Of Games Payout Speed RTP
1 Crazy Fox 20% daily cashback 5,000+ Instant 96%
2 Sol Casino 100% deposit bonus + 50 free spins 5,000+ 1-3 business days 96%
3 SkyCrown $300 deposit bonus + 100 free spins 5,500+ 1-3 business days 97%
4 888 Casino $1500 deposit bonus + 1100 slots 5,000+ 1-7 business days 96%
5 Rabona 100% up to $150 deposit bonus 5,000+ 2-5 business days 96.8%
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Compare the Player Advantages and Disadvantages

Pros

  • Increased chances of winning a wager on slots or table games
  • Transact high amounts if you're a high roller player
  • Payments are processed via multiple banking methods
  • Bigger bonuses and various promotions

Cons

  • Some casinos have slot payout times
  • High minimum deposit and withdrawal limits
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Maximise your returns
Besides determining the amount you can win in the long run, the RTP rate can also affect your bankroll management strategy. Just multiply the house edge by the number of rounds you want to play by your average stake limit to know your expected hourly losses. Usually, many online casino players would be quick to play the shiny online slots. While some slots come with high payout percentages, you should also consider games such as blackjack and poker. These games allow you to apply some skills to reduce the house edge to less than 0.50%. Some poker variants can even produce negative values. We recommend picking up blackjack and poker, which are great games to master at your pace.

Types of Payment Methods

Payment Method Deposit Range Withdrawal Range Cashout Fees Withdrawal Time
1 Visa $25 $10 Free 1-4 business days
2 Mastercard $25 $10 Free 1-4 business days
3 Skrill $20 $10 Free Up to 48 hours
4 Bitcoin $25 $15 Free Up to 48 hours
5 Paypal $25 $15 Free Up to 48 hours
6 Instadebit $20 $10 $2 3-5 business days
7 Neteller $20 $10 Free Up to 48 hours
8 Interac $20 $20 Free Up to 48 hours
9 MuchBetter $20 $20 Free Up to 48 hours
10 MiFinity $20 $10 Free Up to 48 hours
11 iDebit $10 $10 Free 1-4 business days
12 Visa Electron $25 $10 Free 1-4 business days
13 Bank Transfer $10 $10 Free 1-3 business days

Follow the Payout Process in 4 Easy Steps

Payout processes differ from site to site. That being said, there is a general process you’ll have to follow at most casinos, which we’ve detailed below:

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Step 1

Access your winnings

If you’re looking to payout, it’s possible that you’ve already made a win. If that’s the case, congratulations! It’s now time to access your winnings.
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Step 2

Have your documents ready

Ensure that you have all the relevant documentation in order. Most of the best payout casino sites will require you to submit some form of documentation to prove your account identity. This step, while tiresome, is essential in maintaining safety and security. Every site will list their own documentation requirements.
Maple red number icon 3

Step 3

Cash out

Once you’ve submitted your documentation, it’s time to cash out. Head to the withdrawal section of your casino, and choose your preferred method. Select your currency and the amount that you’d like to withdraw. Ensure that you’ve followed all the instructions and completed the process.
Maple red number icon 4

Step 4

Be patient

It’s now time to wait. Even the best payout casinos take a bit of time to process withdrawals. If you’ve chosen one of our recommended sites, it’s likely that you won’t need to wait longer than a few days.
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