The business of casinos is booming. The online market gambling is worth $30 billion and growing, increasing the number of players every year globally. There is big money to be made from people who enjoy playing casino games in their houses. However which online casinos have the best payouts?
Online casinos are generally safe places to gamble; probably safer than a land-based casino. Because everything is tracked digitally, there’s no possibility of being cheated out of your money or having your winnings stolen. And because you are not putting your real identity at risk, it is much easier in making your money and receiving your money.
If you live in Canada and want to play at the best payout online casino Canada, quite a few options are available to you. Read more information about what the best ones are and what payout rates they have so that you can get started!
What are the best payout rates for online casinos in Canada?
Most reputable and trustworthy online casinos will be using the RNG (random number generator) to ensure fair games. This is a physical device that spits out numbers randomly. It is impossible to know what the following number will be or manipulate it in any way.
When playing in a casino online, you will want to know that the games are fair and that you have a reasonable chance of winning. So how can you tell what the payout rates are? Most online casinos list their payout rates on their websites. They will typically have different rates for different games (for example, slots have a higher payout rate than blackjack).
The rates for spaces are always pretty high, most of the time 97% and above. Roulette, from another point of view, is much lower. So you will want to avoid that game when you are looking forward to maximizing your winnings!
Best casinos in Canada with good payout rates
Casinos all have different payout percentages, the percentage of the money they are predicted to pay out to their players over the long term. For example, a payout rate of 95% means that, on average, players will get back 95 cents for every dollar they bet. In order to ensure that you play in a casino online with a high enough payout rate to just keep showing up, you should look for something around the 95% mark.
The top online casinos in Canada all have more than a 96% payout rate. While some casinos may claim that they have the best payout rates, you should be careful here. Payout rates are calculated based on long-term average results.
This means that casinos might have a 95% payout rate on the year. But maybe their payout rate was only 90% over the first five months. Or perhaps over three months, it was 100%. The problem with these short-term results is that they could be completely misleading.
They could have had an unusual set of circumstances that skewed their results in one direction or another. Nobody knows for sure, either. There is no accurate regulation of the industry on online gambling, making it hard to know who to trust.
Casino overview
-10,000+ slots and video casino games – 100% up to $5000 Welcome Bonus – 100% up to $5000 More Welcome Bonus – 100% up to $5000 Weekend Bonus – Free $20 in Free play every month – Over $100,000 in tournament prizes every month – Payout rate of 97.5% – Trusted and reliable casino, established since 1999 – Restricted countries: U.S. and U.K.
A list of online casinos with the best payout in Canada
- Sportsbetting.ag – 100% Welcome Bonus
This is a dedicated sports betting casino, so this is the right spot for you if you are into sports! There are many different sports to bet on and nearly 1,500 casino games available, so there is something for everyone here.
The casino offers a 100% welcome bonus, up to $500. You will also get a deposit match bonus of up to $1000, which is pretty generous. You can read our complete review of Sports betting. Ag here.
- BigSlick Casino – 150% Welcome Bonus
BigSlick is another excellent sports betting casino. It offers a wide range of sports betting and casino games and is packed with bonuses and promotional offers to entice new players. Most importantly, it has a high payout rate of 97.5%. Please read our full review of BigSlick Casino to find out more.
- Bovada Casino – 100% Welcome Package and $20 in Free play!
Bovada is a well-known sport betting casino that is also a trusted online casino. It offers a substantial welcome bonus of up to $5000. You will get 100% up to $500 in welcome bonus cash plus a 100% match on your first five deposits.
As a new member of Bovada, you will also get $20 free in Free play when first make deposit to begin with. We have reviewed Bovada extensively here.
- Caesars Casino – 150% Welcome Package and $20 Free Coin
Caesars Casino has been around since 1999, so it is a well-established and trustworthy site. It has a large number to pick from casino games, sports betting options, and an exceptionally generous welcome bonus.
You will get 150% up to $5000 on your first deposit, plus $20 free in Free play. There is also a 100% match on your second and third deposits of up to $1000 each. Our full review is here.
Conclusion
Online casinos are good spots for playing casino games, especially if you cannot get to a less crowded casino or want to play when you are not physically able to go. You can play almost any game you wish to, including slots, table games, jackpot games, and sports betting, and there are plenty of different casinos available to select from, so you have a variety of options to settle on.
The best advantages about online casinos is that they have high payout rates, so you are more likely to win than lose. You can discover great payout rates at reputable casinos like those listed here.
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