The reason why finding the best payout online casino is such an important element for online gamblers is owed to the fact they are all after one thing – big money wins. On the market, there is a great differentiation between the highest payout casino game on the market, as well as the online casino with the best payouts.
It is only by being able to search effectively for these that big money can be achieved and you can be sure to playing for lucrative wins time and time again. On this page, we explore this subject in order to help you find the best payout online casino you can.
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? How to Get Highest Payout Online Casino
The first step to finding the best payout online casino is knowing exactly how a payout is defined and worked out. Fortunately, this is very simple. The payout amount can be figured out by comparing the number of bets placed against the total winnings that are paid out as a result of these bets. The bigger the differentiation between them, the larger (or smaller) payouts are.
For example, if the value of bets placed in a casino is significantly lower than the value of winnings achieved, then it would be considered to be an online casino with the best payouts. However, due to the house edge, this is rarely the case and the winnings will usually be lower than the number of bets.
Searching for the Best Paying Online Casino with Real Money
As such, when we search for the highest payout online casino, we are aiming to make sure these two figures are as close together as possible. The closer they are, the better the casinos’ payouts would be considered to be.
It is worth noting though that as most licensed real money casinos all follow the same laws and regulations outlined by the testing agency, eCOGRA, as well as offering mostly the same games, the difference between the best payout online casino Canada and the lowest payout online casino is usually very small.
Payment Methods in the Highest Paying Online Casinos
It’s important to check out the payment methods available in the casino before you make a deposit. Usually, you’ll find a great selection of deposit methods, but not all of them allow for withdrawals. Even worse, some casinos or payment methods take an extra fee for withdrawals, which take a chunk of your profit.
The best paying online casinos have a great selection of payments to choose from, including options with no fees. We recommend you take a choose Interac casinos as they normally are without a fee.
? Best Payout Online Casino Canada
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Bonuses in the Best Payout Online Casinos
One way you can get an advantage and ensure you get the highest payouts at online casinos is by grabbing a Canadian casino bonus. The reason why this will benefit you in terms of your payouts is a matter of looking at the math of how payouts are worked out. As discussed, the less you have to bet in order to get money out of a casino means that payout is better.
When you claim a bonus, you get betting funds courtesy of the casino which thus means that the payout you get from a casino is more as you are not investing so much of your own funds.
Therefore, the better the bonuses that are up for grabs at a casino, the more that casino can be considered to be one of the best online casinos that payout on the market. These bonuses can be picked up on your first day to give you the ideal head start and then you can carry on the benefits by continuing to claim more bonuses further down the line at that casino also. An online casino with best payout will usually be one that is very bonus friendly.
Better Bonuses in a New Casino
It’s a known fact that a brand new casino often have bigger and better bonuses than an established casino. Therefore, we recommend looking for new casino sites as they can often give you a better payout in the end.
Of course, you need to make sure it’s a trusted site before making your deposit, but as long as you take your precautions, this can prove to be a good strategy.
How to Select a High Payout Casino
As we mentioned, the majority of casinos have the same laws and regulations. Therefore, you won’t find huge differences in their payout rate. But there are a few aspects that can improve the payout rate, which you can find below.
Time Required: 10 minutes | Tools Required: Mobile or computer | Funds Required: C$10
Look for a casino that offers a nice welcome bonus with good terms and conditions, as this will get you extra funds. Extra funds, of course, equal chances to win.
The games you choose will have the biggest impact on your payout. For the best payout rate, choose games that require skill to master, like blackjack, betting or online poker.
Check the License
The license will impact the laws and regulations the casino must follow to ensure fair play. Look for a license with strict European laws, such as MGA (Malta Gaming Authority).
Even if you find the best payout Canadian casino, you need to play with a cool head to make a profit. Take breaks and don’t play for money you can’t afford to lose.
Pick the Highest Payout Games
When it comes to the highest payout casino game, the same rule would apply. Therefore, again, the number of bets and the winnings would be compared. The exact figure of which is usually displayed on the game’s description and is what is known as the RTP (return to player) percentage. Hence, it is often easier to distinguish between, say, the best paying online slots, than it is to determine the online casino with best payouts.
Thanks to this, finding the highest payout casino game is much easier to do than trying to determine which is the best online casino payouts. There are a number of elements to consider in regards to this and in order to pick the highest payout games, you need to know certain truths about the games that are offered.
Skill Based Games Offer Higher Payout
The first is that games that offer more skill-based gameplay, for example, classic table games like online blackjack Canada, roulette, baccarat, and poker, are the highest payout games. This is down to the options you have available when playing them. Specifically, the influence the player can have on the results.
If you follow effective strategies, you can turn the tide in your favor and increase payouts online. Sure, you might make a mistake and of course, the game is still made up of chance, but you can better hedge your bets.
Slots Have Lower Payouts
This is opposed to slot games. Slot games are entirely dependent on the RNG (random number generator) system that they have in place and you don’t have any influence on how the game will unfold. It is on these games where RTP (return to player) is crucial to finding the best paying online slots as this is literally what defines them.
Generally, most slots have an RTP of 96% which is effectively the industry average. Therefore, using this is a jump-off point, you know which are the best paying online slots as their percentage will be higher – sometimes as high as 99% – while may have lower than 90%. This will determine how much money that you put in will, in theory, eventually be returned to you.
Volatility and Variance
The rate at which this will be the case is determined by the games Volatility or Variance. This is the figure which determines the rate of the payout of the RTP. High volatility means regular, short bursts of returned funds, while low volatility will mean long waits but big wins.
Finding the right balance between RTP and Volatility is paramount to ensuring high payout percentages on slots.
Another element to consider is the bonus rounds that some slots have. These bonus rounds can greatly increase your payouts as they may require an element of skill. That skill, once mastered, can translate into bigger payouts which won’t always be reflected in either the RTP or variance.
Best Payout Online Slots
Now that you know how to determine the best paying online slots, we are going to save a lot of time and effort and simply outline the best slots online Canada for you in regards to RTP. This means that in theory, they will provide the best payouts on the market.
While these casinos have the capacity to payout the most, it is not a given and you may still find that you lose money on them sometimes. This is part of the playing experience. In regards to playing experience, also consider that some games that may not offer the same levels of payout might offer better designs, features, or other playing elements that make them overall more enjoyable. It’s also important to understand that withdrawals do take time. If you are looking for the speediest payouts, we recommend you read our article about the fast withdrawal casino.
Highest Percentage Payout Slot Machines
#SlotRTPGame Provider1Mega Joker99%NetEnt21429 Uncharted Seas98.50%Thunderkick3Joker Strike98.11%Quickspin4Blood Suckers98%NetEnt5Bob the Epic Viking Quest98%NetEnt6Jokerizer98%Yggdrasil7Good Girl Bad Girl97.80%Betsoft8Kings of Chicago97.80%NetEnt9White Rabbit97.72%Big Time Gaming10Wolfpack Pays97.50%NextGen
FAQ About Online Casino Best Payout
✅ What is “house edge”?
House Edge is what all casino games have in their set-up which means that the casinos is always more likely to win. Depending on the casino game you play, the house edge will vary but they will all have one to some extent. The key is limiting the house edge by playing smart and learning strategies where possible in order to get the online casino best payout results.
✅ How can I know the RTP of a slot game?
RTPs can often be found in the games’ setting or information sheet that is shown on the game – often in the form of a question mark (?) symbol. Not all games display this and so you may have to seek out a slot review or head over to the game provider of the slot to find this out.
✅ Do casinos have RTPs?
RTP is perhaps not the correct word but some casinos will offer different ways by which they can benefit their players’ payouts. Bonuses, as mentioned, is one way this is the case. Demo games are another as they allow the player to practice games before they play them which prevents a larger loss of money than necessary. Many casinos will also demonstrate all their games RTPs which you could argue is inherently the casinos RTPs too.
✅ Does finding a best payout online casino guarantee profit?
Sadly, no. Ultimately, the ability to make a profit on online casino games comes down the player and how they play casino games, as well as how they handle their bankroll. Just because a casino offers players more chances to get their money back, the whole concept of gambling is built on risk and results are random, so you have to take the good with the bad.
✅ Will playing a game longer guarantee a larger payout?
Not always. As the results are random, one day you could log-on and win a big win within 5 minutes, while on others you could play for 3 hours and win next to nothing. The key thing is moderation and setting a time limit to how long you play each day. Spending too long on games will ultimately result in more losses than it will profit.
✅ What is the best online casino payout ever?
The best online casino payout came on jackpot sot and saw one lucky winner walk away with 28,181,752.06 Canadian Dollars with a best of 0.39 cent.
Final Tips for Playing Casino with Best Payout
While playing at the top 10 online casinos is all about winning money, the pursuit of the payout shouldn’t cause alarm or distress. You should ensure that fun comes first and profit comes second as nothing will damage your profit margin and decrease payouts like stress. Find casinos with the best payouts and heed our advice to ensure optimal success and soon, the results will speak for themselves.
Written by: Petricia [email protected] new-casino.ca