Online CasinosPayout Casinos Advertiser Disclosure Top & Fastest Payout Casinos in Canada 2020 James Taylor June 03, 2021 Our priority in CasinoNow Canada is to guarantee locals an excellent experience playing online casinos. Our tests & reviews are always unbiased. Sometimes an online casino is 100% convincing and we decide to partner with it. However, this does not affect the objectivity of our assessment. If you want to find the best payout online casino, then you’ve come to the right place. The centerpiece of gambling is luck. If you’ve got luck – then you will win more than you will lose. And vice-versa. However, there are some other important elements of gambling that people fail to take into consideration. The first one is the fact that the casino always has a slight edge over the player. The second one is that the games themselves have different payout percentages. And since the payouts are important to all the players, it should be noted here that the best payouts are actually build from the highest and fastest payouts. In this article, we will discuss payouts themselves. It’s very important to learn more about the online casinos that feature the games with the highest payouts. Many Canadian players know this – but they also know that it can take a lot of time and effort to find the quickest online casinos that payout. Here you will learn more about phrases like RTP and RNG and what they mean. And what you will learn in the end is where to find the highest paying online casino. Top 5 Highest & Quickest Payout Casinos 2020 Online CasinosBest Online CasinosNew CasinosReal Money CasinosCasino ReviewsPayout Casinos 1 Playamo Casino Playamo Casino 5.0 CasinoNow Rating Impressive Variety of Games Deposit Method (6) Payout97,41% Payout Speed2-3 Days Min/Max deposit€20 - €10 000 5.0 CasinoNow Rating C$1500+150FS Deposit Method (6) 2 Cookie Casino Cookie Casino 4.9 CasinoNow Rating Stylish Game Design Deposit Method (14) Payout97,82% Payout Speed1 Days Min/Max deposit€10 - €10 00 4.9 CasinoNow Rating $200+220FS Deposit Method (14) 3 Woo Casino Woo Casino 4.8 CasinoNow Rating Generous Bonus Deposit Method (10) Payout97,5% Payout Speed1 Days Min/Max deposit€10 - €10 000 4.8 CasinoNow Rating 300 CAD + 200FS Deposit Method (10) 4 Casino Cruise Casino Cruise 4.7 CasinoNow Rating Payout96,59% Payout Speed2-3 Days Min/Max deposit€10 - €5000 4.7 CasinoNow Rating C$1000 + 200 FS 5 Spin Casino Spin Casino 4.6 CasinoNow Rating Payout97,59% Payout Speed1-3 Days Min/Max deposit€10 - €5000 4.6 CasinoNow Rating C$1000 Show more This casino is restricted in your country. Here are 3 best casinos for you Playamo Casino C$1500+150FS Bonus Terms N/A Cookie Casino $200+220FS Bonus Terms N/A Woo Casino 300 CAD + 200FS Bonus Terms N/A By checking out our table above, you will be able to find the online casinos that offer the biggest, most frequent, and fastest payouts all over Canada. All it takes is a quick glance – as our CasinoNow experts have already done all the prerequired research for you. Table of Contents Highest Payouts as The Best Choice Quickest Payouts as The Best Choice Five Cool Special Tricks on How to Get The Best Payout Summary of Best Payout Casinos FAQs on This Topic Show Hide Highest Payouts as The Best Choice It’s definitely in the player’s best interest to find the top paying online casino – and do we really need to explain why this is the case? If you find the casino that features the games with the highest payout percentages, you’re much more likely to win more often and bigger sums of money. This holds especially true if you compare the high-payout casinos with the low-payout casinos. If your main goal is to win as much money as possible – as most gamblers’ goals are – then feel free to learn the information that we provide for you in our CasinoNow article. If you do, then you will know all you need to get the best payouts. Payout Percentages, RTP, RNG – the Know-How Random Number Generation (or RNG in short) is as close to what we can get in designing true randomness – in terms of gambling results. The random number generator is a piece of software that will create strings of symbols and numbers that can’t be predicted, for all practical purposes. So, it’s very important to know if a game features legit random number generators – or fraudulent ones. RTP stands for Return to Player. As we’ve mentioned before, the casino will always maintain an edge over the player – no matter how low the edge gets. So, you can’t expect the RTP rate to climb as high as 100% (or over). And what RTP pertains to is the percentage of bets that the player has placed – that the casino will return to the players in the form of wins. By combining this information, you will get the payout percentages – an important parameter that can determine whether you will end up with losses – or profits. Online Casinos With Highest Payout Percentage So, our little discussion boils down to a single thing – find the highest payout percentage casinos and it’s a lot more probable that you will win money. And luckily – we have already made a list for you. As some of the casinos that have big payouts – you can check out one of the following: JackpotCity Casino – with a 96.8% RTP rating, certified by eCOGRA Spin Casino – with a 97% RTP rating Casino Cruise – with a 97% RTP rating You’re never guaranteed a win – but you can always increase your chances to win. Check some of the casinos that we have mentioned above and you will do so too. Choosing Software by RTP According to the CasinoNow experts, the Return to Player rate is one of the most important parameters that will determine your win-loss ratio. However, you shouldn’t over-rely on RTP – since its influence in the outcome is much more visible in the long run than in the short run. The fact that the casino has an edge doesn’t necessarily mean that the player will lose. These are statistics for the long run. That being said, you can definitely see a perceptible difference the higher up you go in terms of RTP. Some of the software developers that create the highest RTP games are: Playtech NetEnt NextGen Gaming Microgaming RTP Regulators & Testing Agencies As is the case with everything else in life – so it’s the case with gambling. There will be scams. There are rogue online casinos that say they feature very high RTP rates and legit random number generators. But they don’t. So, how do you go about this? By heeding the advice of the certified regulators and independent testing agencies. If you want to play in an online casino – then the first thing you should do is search for a certificate (iTech, eCOGRA, etc.). The slot games and the table games (baccarat, craps, roulette, blackjack) all have their RTP and RNG parameters that need to be checked out by the independent testing agencies and regulators. Only trusted online casinos can provide you with the highest payout percentages. Some of the best known and most respected regulators and certificates in Canada are: eCOGRA iTech Labs The Canadian Gaming Association The International Association of Gaming Regulators Highest RTP Casino Games And now we come to the meat of this article. As you’re well aware by now – if you’re an online gambler – different games have different RTP rates. Below you can find our table on some of the best entries in terms of RTP when it comes to the respective games. Type of games RTP Best Game Software developer Recommended Casino Roulette 94-98% Baccarat 85-99% Blackjack 95-99% Online Slots 75-99% As you can see, the payout percentages are rather high in most cases – though you do need to be careful with certain slot games and certain bet types in some games. TOP-3 RTP Roulette Games There are different variants when it comes to the game of roulette. But the games with the highest payouts are: № Game title RTP Software developer Specialty Recommended Casino 1 French Roulette 98.65% La Partage 2 European Roulette 98.37% No La Partage 3 Multi-Wheel Roulette 97.3% More than one bet TOP-3 RTP Baccarat Games Baccarat is also a very popular card game in which the player competes against the house for the win. Some of the Baccarat versions with the highest payouts are: № Game title RTP Software developer Specialty Recommended Casino 1 Baccarat Pro 98.96% Graphics Visuals Music 2 Baccarat Gold 98.94% Fun implementation 3 High Limit Baccarat 98.94% High Limit TOP-3 RTP Blackjack Games Blackjack is one of the most popular card games in the world of gambling – and this holds true for online gambling as well. Some of the blackjack games where you can get the highest payout are: № Name of games RTP Software developer Specialty Recommended Casino 1 American Blackjack 99.95% Highest RTP 2 Single Deck BlackJack MultiHand Mobile 99.91% Mobile version 3 Double Exposure MultiHand 99.60% Live voice acting of cards TOP-3 RTP Slot Games Slots need no introduction whatsoever. There are thousands of different versions of these “spin-and-pray” games and they have different RTP rates. Some of the high payout slots on the CasinoNow casinos that will give you a solid chance to get a return on your investment are: № Game title Slots RTP Software developer Specialty Recommended Casino 1 Ugga Bugga 99.07% Visuals & Sound effects 2 Mega Joker 99% Huge Progressive Jackpot 3 Blood Suckers 98% Vampire theme Pros and Cons of Highest Withdrawal Casinos Advantages You will be able to win an insane sum of money in a short time. The high RTP rate may give you the edge that you need to win the previously unwinnable prize. There will be ample payout methods for you to choose from. Usually, there are various credit and debit cards, electronic wallets, etc. There are various games to choose from. You can play blackjack, roulette, slots, you name it. Disadvantages The games usually feature a high level of volatility. This means that your luck can swing in the other direction and you can lose big sums of money in a short time. There will be bonuses – but their use is restricted with the terms and conditions. You should make it a habit to read the T&Cs before playing in an online casino. Quickest Payouts as The Best Choice You also need to take into consideration when you will be getting the money that you will win – if you win it. So, the first thing to look out for, in this sense, is the withdrawal methods. The quicker you can withdraw your money – the quicker you can start using it. And this means that fast payouts are actually the best payouts. Casinos differ in the payout methods that they give to the players. It’s an important part of your overall gambling experience – so be sure to put your attention in this field, as well. Choosing the Fastest Payout Methods Again, the payment method that you will choose for making a withdrawal is very important. If you pick one particular payment method in the best payout online casino – you may get an instant payout and you can then start using your money immediately. If you pick another payment method for a withdrawal – it may take you more than 3 weeks before you get the money. So, it’s in your best interest to pick the method with the quickest payouts. Many of the top tier casinos on our CasinoNow list will feature a variety of different payment methods for withdrawals – and many of them will be quick. Choose wisely. TOP-5 Fastest Payout Methods Speed is one of the most important parameters when it comes to payout methods and withdrawals. It’s important to be able to do quick, hassle-free online monetary transactions – which is why we’ve made a list for you of the top 5 fastest payout methods: Neteller. This is an electronic wallet – and one of the most popular ones, at that. The best thing about it is that it will protect your financial data from the casino’s eyes. Also, you will be able to make a withdrawal within the day. Skrill. Previously known as Moneybookers, Skrill is another very popular electronic wallet that will add another layer of safety and security to your online gambling. And, besides that, it will give you a chance to get withdrawals within a single day. Visa/MasterCard. The debit and credit cards also offer a safe, speedy way to get withdrawal. Now, this withdrawal method is a bit slower on average than the electronic wallets. It will generally take 1-5 days before you get the money on your account and before you can use it. Bitcoin. Lastly, we have the Bitcoin cryptocurrency withdrawal method. Many casinos don’t feature this payment method – it still isn’t considered as a primary payment method around the world. However, it gives you full anonymity and safety in doing the transactions – and one of the best parts about it is its speed. You can get your money in less than 24 hours in most casinos that feature Bitcoin as a valid payment method. Bank wire transfer. This is a bit slower payout method – but still effective. In this way, you will evade a lot of the “processing costs” that the intermediaries would otherwise charge you. However, if the speed of withdrawal is your main concern – then you’re looking at 3-10 days before you get the money. How Withdrawal Amount Affects the Speed This factor is factored differently at different online casinos. The best payout online casino won’t put a cap on how big sums of money you can withdraw. However, many casinos do indeed put a cap. Some Canadian online casinos will put a cap on the $3.000 mark for the month. Some other casinos on the Canadian market will put a cap on $1.000 for the week. So, it’s smart for you to consider this when planning to get your money. Namely, you can have a huge problem if there is a $3.000 withdrawal limit for a month and you manage to win a progressive jackpot of $3.000.000. It would take you more than 83 years before you’ll be able to withdraw the full progressive jackpot reward. Possible Payments for Quick Payouts As we’ve mentioned before, there may be processing payments that you may be taxed with when doing a quick withdrawal. Again, this depends on the casino where you play – and on the exact payment method that you will choose. Usually, the electronic wallets and the credit and debit cards are free of any additional charges. However, you can expect to be charged if you withdraw big sums of money on your bank account. Also, checks have to be sent by post – and this incurs costs that you will need to pay. This will be a relatively small percentage of your winnings – but still, these charges add up in the long run. So, it’s best if you keep track of them. However, there are online casinos that do charge fees for the credit and debit card withdrawals. Most of them will give you a fee of 2-3%. So, for every $100 that you withdraw, you will lose $2-3 in fees, which doesn’t seem like a lot, but again, it adds up in the long run. And if there are fees for the electronic wallets – then they will usually be similar to the credit and debit card fees. The fees are usually set around 2.5%. Bonus Terms for Quickest Payouts Chances are that you already know about the various bonus offers that casinos have at play. There are special offers for the new casino visitors and users – to the tune of free spins, deposit match bonuses, and special prizes. That being said, there are some special conditions that you must meet when making a withdrawal with the money that you will win from bonuses. For one, chances are that there will be a wagering requirement at play. You may need to reach a 50x wagering requirement before you’re allowed to get your money. And some bonus wins may be limited in their size – i.e. many Canadian online casinos will not enable you to win more than $20 with the 100+ free spins that they offer as a bonus. It’s best if you read the terms and conditions yourself and see what they’re about. A Step-by-Step Guide to Quickly Withdraw Winnings There’s not much to it when it comes to withdrawing your winnings. You can follow our CasinoNow simple step-by-step guide to make a withdrawal in practically any online casino in Canada: 1Log into your casino account. 2Visit the payments page on the platform and select withdrawal. 3Select your preferred withdrawal method. There will usually be a list of the withdrawal methods you can pick. 4Write the sum of money that you wish to withdraw. 5Complete the transaction. Follow the steps above and you will initiate the process of withdrawal – which may take some time depending on the particular method you pick and the sum of money you wish to withdraw. Pros and Cons of Quickest Withdrawal Casinos Advantages You can get your money quicker. This is a no-brainer – and it’s the biggest advantage of using the services of the quickest withdrawal casinos. These casinos tend to feature many high-RTP games. This will increase your chances of winning big and often. Disadvantages There may be fees that you need to pay for withdrawals. This depends on the individual method that you will choose. However, it’s useful to know that certain withdrawal methods in the quickest withdrawal casinos don’t incur any costs on your behalf. There are limits to how you can use the bonuses and to what extent – be sure to read the terms and conditions for more information. Five Cool Special Tricks on How to Get The Best Payout Here we will write for you a list of 5 special tricks that you can use to get the best payouts in the Canadian online casinos: 1 Find the games with the highest RTP rates. We have already made a list for you – you can find it in one of the previous sections of this article. If you pick the highest RTP rates in the best payout online casino – then this will increase your chances of winning money and lower the chances of you losing money. 2 Pick the withdrawal methods that don’t incur any fees. Frankly, we believe that it’s better for you to wait a bit longer and not pay a dime – than getting the money instantly but paying a fee for it – though there are, of course, exceptions to this. If you want to minimize your losses and maximize your profits – then pick the withdrawal methods that don’t cost you anything. 3 Use the bonuses that the Canadian casinos give you. The welcome deposit match bonus, the reload bonus, the free spins – all of these can help you win money. 4 Carefully read the terms and conditions. We know, this is one of the most boring things that you can do in online casinos – but trust us, it will be well worth your while to read them. 5 Gamble responsibly. This is the smartest and most useful piece of advice we can give to anyone regarding online gambling. Don’t take anything for granted and control your passions – and you will do just fine in the long run. Summary of Best Payout Casinos Regardless if you wish to play roulette or slots – we can all agree that picking the games with the highest payout percentage is the smartest thing to do if you want to maximize your potential profits. Also, the CasinoNow experts state that it’s an important thing to do to select the quickest payout methods that incur the lowest fees for their use. We hope that you have found the information in our rather comprehensive article useful and that you will begin implementing them from your next online gambling session onward. Remember to gamble responsibly and to have as much fun as possible – and with the help of our advice above, you may even be lucky enough to win big profits. FAQs on This Topic How are casino payments regulated? First of all, we have already mentioned that there are regulatory bodies that check if the casinos tamper with the games’ RTP rates. Also, the Canadian online casinos have strict guidelines when it comes to adhering to activities for the prevention of money laundering or any other illegal activities. Regarding the payments themselves – the process is regulated between the particular payment method that you will pick (i.e. credit card, debit card, or electronic wallet) and the casino itself. Is the payment method important if I want to get a quick payment? Of course it’s important. And we have already written about it in one of the previous sections of this article. Namely, in particular cases, if you use an electronic wallet, then you may get your money within the day. And if you use check withdrawals – you may need to wait three weeks or more to get the money. Does the withdrawal time depend on the payment amount? Yes, it does, as there are usually casino limits that forbid you withdrawing more than a particular sum of money. It could be, say, $40.000 per month – and you won’t be able to withdraw more money than this before the next month starts. And overall, the more money you withdraw in a single payment, the more time it may take for the transaction to be completed. What is the minimum payout amount? It depends on the casino that you will choose. Most casinos, however, have a minimum payout amount set at the $20 mark – which means that you won’t be able to withdraw smaller sums of money than this.