10 Best Payout Online Casinos in Canada for 2024

With the introduction of cryptocurrencies, the Canadian iGaming market has exploded with high-payout casinos. Finding a casino that offers not only exciting games but also impressive payouts can make a huge difference to your experience. To help you pick, we’ve analyzed the RTP payout rates, banking options, and user experiences of the best payout online casinos in Canada.

Our guide will cover the top 10 Canadian online casinos with high payouts and how to pick the right casino for you. Join us for the ride to discover sites with the biggest payouts in Canada!

Best payout online casinos reviewed

Let’s take a look at the top five payout online casinos to discover why they made our list. We’ve looked at the overall user experience as well as payout percentages, withdrawal methods, and more.

1. Jackpoty — Best overall payout online casino with impressive jackpots

We’ll start with Jackpoty — the best payout online casino with the most impressive jackpots on the Canadian market. It also offers an exceptional $2,000 sign-up bonus through a 100% deposit match, and regulars can also use the code WOW to get a daily reload bonus.

This casino also features a VIP club with a 25% cashback every Monday and exclusive promotions for loyalty club members. However, it caught our attention with progressive slots in its dedicated “Jackpots” category.

Some of the best games here include A Night in Paris, Dr. Fortuno, Glam Life, Legend of the Nile, and The Slotfather. Jackpot prizes range from thousands to millions of dollars, so watch out for the most lucrative picks. In addition to progressive slots, this casino offers card games and table games, rounding out its gaming portfolio.

As one of the best payout casinos, it has a high casino payout percentage and offers plenty of high-limit crypto payment options such as Bitcoin, BCH, ETH, USDT, and Litecoin. The minimum deposit is $20 or crypto equivalent. As for withdrawals, you can schedule a cashout in the range of 8 LTC in a single take.

Available Games	Welcome Bonus	Wagering Requirements	Minimum Deposit
Slots, table games, live casino games, card games, progressive slots	100% up to $2,000	40x	$20

2. Cobra — Best sign-up package and linked jackpots

As our second pick, we’ve got Cobra Casino — a site with the most generous sign-up bonus package and a high casino payout percentage. Not only can you get up to $4,000 through a 100% deposit match, but you can also use the bonus code VIP50 for an additional 50% high-roller bonus.

So, it’s a dream come true for high-limit players and those looking for new contenders for the best payout casino in Canada. Cobra Casino features a linked Cobra jackpot that grows as you play your favorite games on the site.

There are four jackpot levels — the Cobra, the Mega, the Grand, and the Major. You can become a winner by increasing your bet to qualify for the Cobra Jackpot, and that’s it; no effort is needed on your end besides playing your favorite slots.

While we are at it, the site has one of the most extensive game libraries in the industry, featuring popular online casino games from more than 40 providers. Some of the big names include Novomatic, Spinomenal, Playson, Endorphina, BGaming, and others.

Besides all these impressive features, Cobra Casino is also widely known for its massive payouts with an RTP of 87.15% – 97%. Payment options include cryptocurrencies like BTC, Litecoin, ETH, Bitcoin Cash, and others. You can use these to max out daily withdrawal limits or stick with e-wallets or credit cards like Visa, Skrill, and Neteller. 

The site lets you download the official app, putting a super casino directly in your pocket. They also have a responsive live chat button in the bottom-right corner for urgent inquiries.

Available Games	Welcome Bonus	Wagering Requirements	Minimum Deposit
Slots, table games, live casino games, card games, progressive slots	100% up to $4,000 + 300 free spins	40x	$30

3. Quickwin — Impressive free spin deals

Quickwin is just what you might take it for — an online gambling site where fast and big wins are on the daily menu. We especially liked their free spin bonus prizes since you get 200 for registration, 50 via weekly reloads, and another 50 with a weekend reload bonus.

On-site navigation is fairly simple — you can choose between two categories: sports and casino games. The site is fast and responsive, making mobile play a true joy. There’s also a Bonus Crab promo, allowing you to participate in an exciting claw machine bonus. Plus, they have weekly tournaments which change every week, so you’ll never know what to expect next.

Some of the biggest software providers for the site are Playtech, Spinomenal, Play’n GO, Red Tiger, and High5Games. In total, you can play more than 6,000 popular online casino games, most of which are online slots. It only makes sense that the site also offers the best free spin deals, as there’s an array of slots you can use them for.

Live casino games are provided by Pragmatic Live, Evolution, and Playtech, and you can also try some provably fair crypto games. Payment options include Jeton, MiFinity, BTC, LTC, Ethereum, USD Coin, BCH, and others. You can withdraw up to $10,000 in a single transaction, making it one of Canada’s best payout casinos.

Available Games	Welcome Bonus	Wagering Requirements	Minimum Deposit
Slots, table games, live casino games, card games, instant win games	100% up to $700 + 200 free spins	35x for bonus funds, 40x for spins	$10

4. Winawin — Top pick for popular slot games 

Winawin is one of those casinos that immediately strike you as impressive as soon as you lay your eyes on the massive slot collection. It’s not just the volume of their slot games — it’s the quality provided through all-time classics and popular games from renowned providers.

You’ll find releases from Pragmatic Play, Novomatic, Betsoft, BGaming, Spribe, Yggdrasil, and others. The site is perfectly optimized for mobile play, and slot lovers can expect daily, weekly, and monthly free spins.

In total, you’ll find over 4,000 slots alone on this platform, featuring some of the all-time classics like Book of Ra, Lord of the Ocean, Mega Joker, Elephant’s Gold, and Golden Ark. Their offer of casino bonuses also makes the site stand out from the bunch with daily reloads of 50% up to $200 and 50 free spins for those who use the code DAILY for activation.

That’s not all since Winawin offers Drops & Wins tournaments, Lucky Box prizes with the potential to win you $15,000 daily, and a 100% welcome bonus for live casino games.

If that’s still not enough to convince you, you’ll love the selection of dozens of crypto payment methods. All you’ll need to know is where and how to buy cryptocurrency, and you’ll be all set for big hits at Winawin. 

Available Games	Welcome Bonus	Wagering Requirements	Minimum Deposit
Slots, table games, live casino games, crypto games	100% up to $500 + 100 free spins	50x	$30

5. LuckyWins — Great pick for mobile gambling

If you are a newcomer to the best payout casinos in Canada, you’ll appreciate the simplicity and sleek design of the LuckyWins Casino. Sites like this always help you find new ways to gamble on your phone, and they have dedicated Android and iOS app links right there on the main page.

Download the app, and you’ll open a world of possibilities, including an impressive welcome bonus worth up to $3,000 and 150 free spins! If you are looking for the best payouts, chances are you are ready to spin it big, and this site has a special offer for all high-rollers. 

Namely, if you deposit more than $3,000, you can get a match bonus of up to $6,000 on your first deposit. Plus, you get to spin the Lucky Wheel, a daily promo with prizes that include $10, 100 free spins, and $2,000 as the grand prize!

Some of the game categories in this casino include Super Jackpot games, slots, Drops Frenzy, and table games. Live dealer games have their own dedicated lobby with game shows, VIP roulette, blackjack, poker, and other games. 

Payments can be processed seamlessly via credit cards like Mastercard and Visa or instant options like AstroPay, Siru, Jeton, Neosurf, and EcoPayz. The minimum deposit is $20, and you can withdraw up to $4,000 per transaction.

Available Games	Welcome Bonus	Wagering Requirements	Minimum Deposit
Slots, table games, live casino games	100% up to $3,000 + 300 free spins	40x	$30

How we ranked the best payout casinos in Canada

As casino enthusiasts, we know what high-roller players crave when looking for the best payout casinos in Canada. That’s why we considered all these things to find the best candidates and save you the trouble of searching yourself. Let’s take a look at our ranking criteria:

High RTP games

If you are going to aim for big wins, you’ll also need games that can sustain large bets without eating up too much of your balance. To give you the best chance, we only looked for the best online casinos that payout with high RTPs.

This way, you can at least play for a while longer, even in losing sessions, since a high RTP can help recover some of your losses. Plus, you can use sign-up offers and free spins on games with a high RTP and hope for big wins right off the bat.

Big slot jackpots

The best way of securing big wins without having to wait for too long is through jackpots. It’s not so easy to hit one, but if you pick the right casino, you might just get lucky. To help you maximize your chances, we included some casinos like Cobra Casino and LuckyWins with linked and fixed jackpots.

You can play jackpot slots like Mega Moolah and Divine Fortune to win the prize, or simply spin away as you normally do and hope to hit a linked jackpot. 

High roller tables

Another potential way of making it big in online casino sites is through high-limit tables. These include poker tables, blackjack, roulette, and baccarat, among other live dealer games. You don’t even have to go with live versions of the games since casinos on our list feature RTP table games with the same high-limit action.

Big bonus payouts

One thing that certainly makes winning big easier is having the chance to use a high-roller welcome bonus. With offers on sites like Jackpoty, Quickwin, and Winawin, we hope to have given you more than enough options. 

Not only can you secure thousands of Canadian dollars in free playing funds, but you can also get some free spins for high-limit slots. We also went the extra mile to give you a list of casinos that feature daily and weekly promotions and loyalty prizes through the VIP club. So, make the most out of those offers, and you’ll be halfway there!

Fast withdrawal processing

Thanks to the convenience of cryptocurrencies, you can often receive casino payouts within minutes. No need to wait hours for your bank to clear the transaction — all you need is a crypto wallet, and you’re good to go.

However, not every site supports this. To help you narrow things down, our team created a guide on the 14 best Litecoin (LTC) casinos in Canada. 

Fair payout terms

This is one of our team’s primary focuses since we’ve had our fair share of problems with shady casinos with unfair payout terms. Some sites set an extremely low weekly payout limit to prevent you from cashing out your winnings and making you play more.

We’ve learned to overcome such issues by presenting our readers with casinos featuring extremely high daily and weekly withdrawal limits and clear payout terms.

Other things to consider when choosing an online casino

Along with our ranking criteria, we wanted to give you a few tips on what else to focus on when choosing the best online casinos. Most importantly, you should always ensure that the casino is regulated. Here are some other useful features to keep in mind:

• Choice of casino games
• Withdrawal options
• Max win limits
• Withdrawal time
• Navigation and user experience

Of course, you should also make sure that the site has a mobile version so you can play from your Android or iOS device.

Casino games

If you want to win big and make the most of the best payout online casinos in Canada, slots are the way to go. Some games like Money Train 2 or Deadwood pay up to 50,000x of your bet, while others like Retro Tapes and Rusty and Curly pay 10,000x of your bet. 

Of course, live casino games are always interesting to high-rollers, and you can also try your luck on provably fair crypto games that take high-limit crypto deposits. It’s always important to look at online casino game odds and make sure they are provably fair.

Withdrawal options

We suggest you go with crypto gambling sites if you wish to withdraw substantial sums since they are simply the most convenient option for large payouts.

You also want to stick with safe and trusted payment options to prevent your banking details from being exposed. Information theft on online casinos is more common than you think, and even the FBI struggled to disrupt a dangerous online casino hacking gang, so that’s a sign of how out of hand things could get.

Winning caps

Another thing to keep in mind at all times is the maximum withdrawal cap. Most sites impose maximum payout limits. This can be rather bothersome if you win big and reach the limit for the ongoing week since you’d have to wait for the next one to withdraw the rest.

We suggest that you stick with casinos that allow withdrawals in the range of $10,000 or more weekly.

Withdrawal terms

Before you even start playing in any of these casinos, make sure to read the T&Cs. We know it can be rather tiring, but it’s always good to know the withdrawal and bonus payout terms before you reach that stage.

That way, you won’t feel let down if you can’t withdraw the entire amount you’ve won from casino games and bonuses. 

User Experience 

One last thing that we advise you to keep in mind isn’t to do with payouts directly. It’s the site’s user experience, and it’s crucial for your overall gaming experience. We’ve included some fun and engaging online casinos on our list so you can get an idea of what to look for.

The main features that could make or break your on-site experience include simple navigation, generous bonuses, mobile optimization, official apps, and live chat support. Of course, you’ll probably want to know about the main tips to excel at casino games before you begin playing at the best payout casinos. 

References

Canadian Online Gambling Regulations: Documents & Gambling Laws in Canada (ncfacanada.org)

FBI struggled to disrupt dangerous casino hacking gang, cyber responders say (Reuters)

Gambling apps: a super casino in your pocket (BBC News)

FAQ

How do online casino payouts work?

Online casino payouts are processed through credit cards, banks, or blockchain for crypto casino payouts. They are affected by the site’s terms and conditions, which means you can only withdraw as much as the site allows every week.

What Canadian online casino has the best payouts?

It’s hard to go with one site in particular, but you could say that casinos like Jackpoty, Cobra Casino, Quickwin Casino, and Winawin Casino have the best payouts.

What are the best payout online slots?

The best payout online casinos are sites that have the highest payout potential, ensured by a high RTP, generous high-roller bonuses, and large betting limits available in their games. Of course, they also include sites with the highest weekly withdrawal limits.