Highest Online Casino Payout Percentages
Ontario, Canada's High Payout Online Casinos
When you play at any operator, they keep a percentage of the money you wager. This covers their costs and profits. The current Ontario Lottery and Gaming Corporation (OLG) LOTTO MAX puts only 48% of the ticket price into the prize fund; 52% goes to costs and revenues for the government.
The new laws in Ontario offer a much better value proposition. The best payout online casinos can offer is a phenomenal 99.1%. The minimum payout casinos are allowed to offer is 85%. That's almost double the payout level offered by the lottery.
The total payout operators offer is the average of the payouts across all the games including slot machines, table games, video poker and online blackjack. Payout percentages for some of the top casino games operators are:
The Best Online Casino Payouts in Ontario
Opening up the Ontario market creates a business opportunity for the biggest brands in the world. Here we list a few of our favourites that you can rely on as some of the best payout online casinos Canada offers:
Casimba: Highest Paying Casino for Beginners
It's not surprising that Casimba Casino is one of the best online casinos in Ontario. After all, the operator offers one of the best online casino payout percentages Ontario offers - with a return-to-player (RTP) percentage of 96%.
The casino offers over 800 different table games, live games, and online slots. Table games and live games include classics like Blackjack, Poker, Roulette, and Baccarat, while favourite slot games feature Starburst, Book of Dead, and many more.
You can play on your desktop or mobile browser. No need to download a mobile casino app. The mobile-friendly website offers a flawless gaming experience. If you can save the website to your smartphone's home screen you can launch the website as quickly as a mobile app. Payment options accepted include Visa and Mastercard credit cards. For customers that value quality service, Casimba offers 24/7 live chat in multiple languages, including French.
Headquartered in Malta since its launch in 2017, the company is owned and operated by the White Hat Gaming Corporation and licensed in Ontario. It is a legal gaming partner and is available to all Ontario residents over the age of 19.
|🎰 Games||Slots, Table Games, Live Games|
|💰 Payout Percentage||96%|
|💵 Payment Options||Visa, Mastercard, Interac, Paypal|
BetMGM: Highest Paying Casino from the US
BetMGM is another major gaming corporation in the North American gaming market that is trusted by millions of players.
While primarily a sports betting platform, the operator also offers a full-fledged digital casino, with table games, live games, slots, and other casino favourites. With an RTP percentage of 95% it offers a higher payout percentage than many of its competitors.
The company offers an exceptional online gaming experience, with options to play table games like video poker, online blackjack and roulette, plus the option of playing games hosted by live dealers.
Online slots titles include Wheel of Fortune and Divine Fortune, Monopoly and Slingo. There are also a substantial number of exclusive titles. Spins start from as little as $0.10 and there are plenty of jackpot slots available. This Ontario casino with a high payout is available to residents 19 years of age or older.
|🎰 Games||Slots, Table Games, Live Casino, Sportsbook|
|💰 Payout Percentage||95%|
|💵 Payment Options||Visa, Mastercard|
LeoVegas: Highest Paying Casino for Mobile Gaming
The name LeoVegas Casino may already be familiar to you. They have a massive presence in the online gaming industry and put out hilarious commercials on YouTube. The operator is also known for its high return-to-player percentage, which currently stands at 96%. This amount places them amongst the highest paying online casinos in Ontario.
But regardless of where you've heard the name, this Ontario high-paying casino online is a favourite among gamers, as it offers a wide selection of games. The site offers table games and live casino games ranging from video poker and baccarat to roulette and online blackjack. The games are sourced from top international game studios such as Nextgen, Playtech, Microgaming and other reputable providers. Slot options include over 400 titles including Gonzo's Quest, Monopoly, and other modern and classic favourites.
The company is ahead of the curve when it comes to the mobile gaming experience. In fact, the company's approach is mobile-first. And, with its award-winning mobile app, customers can enjoy the thrill of their entire gaming catalogue on both Android and iOS smartphones. It offers excellent customer service with live chat, available 24 hours a day, seven days a week.
The operator has offices based in Sweden and Malta, and currently holds licenses in the United Kingdom, Denmark, and Malta. Additionally, the gaming company holds a bookmaker's license in Ireland.
|🎰 Games||Slots, Table Games, Live Games, Bingo, Sports|
|💰 Payout Percentage||96%|
|💵 Payment Options||Visa, Mastercard|
Dream Vegas: Highest Paying Casino for Regular Players & High Rollers
Thanks to Dream Vegas Casino, Ontarians can get a taste of Las Vegas from the comfort of their own homes. As one of the highest paying online casinos in Ontario, Dream Vegas allows millions of people around the world to experience Sin City from their computers or smartphones.
The operator offers a return to the player percentage that varies depending on the games in which they participate. The return-to-player percentage ranges as high as 99%, depending on the game the customer chooses to play.
Games available through the site include table and casino games, as well as slots. While the company is relatively new to the gaming sector, launching recently in 2018, this ON high paying casino offers 400 different casino games, including table and slots.
As far as additional features go, the operator offers excellent customer support, via 24/7 live chat. The company based in the United Kingdom and is a subsidiary of the White Hat Gaming Company, one of the most trusted gaming companies in the industry.
|🎰 Games||Slots, Table Games, Live Games, Bingo Sports|
|💰 Payout Percentage||Up to 99%|
|💵 Payment Options||Visa, Mastercard, Interac, Paypal|
FanDuel: Highest Paying Casino with a Sportsbook
FanDuel is a very popular US operator and expected to be a leading Ontario sportsbook. However, the gaming corporation offers an exceptional variety of casino games, table games, and slots as well. The operators' inventory of games includes classic table games and live casino games, including Poker, Blackjack, Roulette, Baccarat, and more.
Additionally, the site offers a wide selection of slots, including popular games such as Wheel of Fortune, Divine Fortune, Guns N' Roses, and much more. Games are sourced from software developers such as Microgaming, Visionary iGaming, Yggdrasil, and many more.
While known primarily as a sportsbook, this operator is one of the highest paying online casinos in Ontario, Canada, and the United States, with an RTP percentage that goes as high as 95%.
Overall, the company really shines when it comes to its mobile gaming experience. Though you can play online through your computer there are dedicated mobile apps for both iOS and Android.
|🎰 Games||Slots, Table Games, Live Casino|
|💰 Payout Percentage||95%|
|💵 Payment Options||Visa, Mastercard|
What is a Casino Payout Percentage?
Modern online casino games at Canadian casinos are high technology products. Before they can be deployed on a site they must be checked and verified by third-party assessors. These checks include confirming that the game payout percentage is accurate.
Statistics rule the roost. The Ontario casino payouts are all calculated statistically. When we talk about an RTP percentage we are really talking about a statistical average. For example, an RTP of 96% means that over a very large number of spins a slot game will return 96% of the money wagered to the customer. Put another way if you spend $100 on spins you can expect to receive back $96 in prizes. But that is only an average figure. In practice, you might get $0 back or win a $100,000 jackpot.
The second factor that is critical in casino payout rates is volatility. There's a big difference between a game that pays out a big prize every 1,000 spins and one that pays out a 100 smaller prizes every 1,000 spins. We call the difference volatility and it is also pre-determined for each game.
If you want a game where the prize money is concentrated into big prizes you can choose a jackpot slots game that has high volatility. It doesn't pay out often but when it does the prize is substantial. Or you might prefer more regular smaller wins in which case there are low volatility games that will offer you the type of online casino entertainment you prefer. Our reviews tell you about these details for each Ontario online casino app.
The best payout online casinos offer isn't just about the amount it is also about the distribution of prizes. The best Ontario online casino payout is the one that works best for you.
How Does a Casino Payout Work?
Ontario online casinos offer online gambling. You pay real money to play games that are a mixture of luck and skill, but mainly luck, to get the chance of winning a real money prize. Treated as entertainment, these games can be a fun hobby. They are not a means of making regular profits because the house always wins!
Of course, some players beat the casino sometimes. Nevertheless, we advise you to treat online casino games as fun for which you pay the casino a fee. If you lose money you've had fun playing for a period of time. If you win money you can cash that out and buy yourself a treat.
The costs of playing online casino games are deducted from your online account balance each time you bet on a game. Every time you win some money it is added to your online balance. If you receive a big casino payout you can cash it out from your online casino account. The money goes straight to your bank account or whatever banking option you choose. Each of the new online casinos offers a variety of banking options so you should find one which works for you.
Highest Paying Casino Games in Ontario
High paying casinos in Canada have a very wide selection of games on offer. The most popular games that are available include online slots, blackjack, video poker, baccarat and roulette. There are many varieties of each major game.
Each of these games has a different RTP %, which impacts the likelihood of you walking away with a prize. Below, we’ll take a look at some of the highest-paying online casino games:
There are thousands of different online slots available, all of which come with individual payout percentages. Slots generally hover around the 95% range or higher when it comes to RTP %. They are said to have the highest possible casino payouts of any casino game. Since most of these games are based on luck, slot games tend to offer a high RTP %, but the really big wins are quite rare. On each of our Canada online casino reviews, we list some high paying slot games to give you a head start. The progressive jackpots rely on combining the spins of many players to create collective prize funds. There are also slots tournaments where you can play against other slots aficionados for extra prizes based on a leaderboard.
- Casino War
Casino War is a card game that online casinos offer that typically allows three outcomes; the player or the house can win, or it ends in a draw. The RTP % typically sits at 97% or higher.
Blackjack has a higher RTP % than most casino card games, offering an estimated casino payout of 92% to 99%. Since blackjack offered by online operators comes with two decks, the chances of the house winning are slightly higher. Different blackjack variants have different payout percentages. The casinos offer multiple variations on online blackjack including games where you can make multiple side bets. This all changes the RTP% even though it adds extra fun.
Roulette is available as American Roulette and European Roulette. The difference is that there is the double zero on the wheel on American Roulette. While this seems minuscule, it makes a lot of difference. The RTP for European roulette is slightly higher than American Roulette, at 97%. That means European roulette can give you a higher chance of winning.
Baccarat is a casino game that usually offers the smallest edge to the house. It is hugely popular with high rollers but online you can play it at very low stakes and get the same entertainment value. When playing baccarat, it's important to note that betting on the bank over the player will come with a 5% tax, as it grants a greater edge of winning. The average RTP for Baccarat is 99%.
How to Find the Ontario Online Casino RTP Percentage
The Ontario online casino payouts for each game at a licensed site will be available. The Ontario regulations insist that the payout games offer is made available to all customers. You should be able to find this information from a small menu link on the logo advertising each of their games, the Help section or within the footer.
Once you locate the area of highest paying Ontario casino games, you can search through to find one that suites you. You may even get access to a demo version of the game that you can play for free.
If you cannot find the RTP percentage, reputable operators will be happy for you to use the online chat to ask the customer service representatives for the information. Don't be shy they are there to help you!
How To Choose an Online Casino in Ontario
If you're gaming in Ontario, choosing from the highest payout online casinos is just one way to find the right gaming experience best suited for your expectations. When we conduct our expert reviews we look at the sites from every direction. There is more to an operator than just its payout percentage.
These are a few things for you to consider when choosing from the highest-payout online casino sites in Ontario.
- Legality and Legitimacy
The first step to choosing an online gaming site is ensuring that they are legal and licensed. Casinos are not exempt from online scams, which is why it's important to make sure you're in good hands before inputting any of your personal information. If you're unsure where you can start, rest assured that all of the casinos listed and reviewed by OntarioBets.com are 100% legal and licensed in Ontario. All have licenses issued by the Alcohol and Gaming Commission of Ontario (AGCO).
- Games Selection
The selection of games is another important factor when looking for the best online casinos that payout in Ontario. Make sure that the casino you choose to spend your time with has the games you're looking to play at the stakes you are prepared to spend. There is no reason why you should not open accounts at several online casinos so that you can play the games that interest you the most. Many players maintain three or four accounts to take advantage of the different games available on each. You might one your main site and ON casino app and use the others just for the specific games that they offer which you can't find on your main site.
- Casino Payout Rates
If you've read the section above, you'll know that the highest payout casino online comes with a high return to player percentage (RTP %). While this is not the only major component in finding the right operator, a high casino payout for Ontario bettors will indicate how much your hobby will cost over time. If you play a game with a 95% RTP then you can budget to spend 5% of your total wagers on your hobby.
- Software Compatibility
Software compatibility with your computer or smartphone's operating system will impact choosing the gaming platform in your choice, primarily if it supports a mobile app for that program. Check out our reviews to learn beforehand if the casino of your choice offers an app. If your smartphone is under five years old you will have no problems with using the downloadable iOS and Android apps. If you have an older smartphone you should check the system requirements before you download the app from the Apple App store or Google Play Store.
- Customer Service
Customer service is one of the most important factors in choosing an online casino. Learn more about the casino's customer service. Typically, the operators offer live chat that is available 24/7. Most also have a section of FAQs where you can find answers to most technical questions. If you find a more detailed problem then you can describe it in an email and expect prompt service. Same-day replies are what you should expect from the top online casinos. If your high paying casino online in Ontario offers telephone support treat this as a major plus.
Find the Best Payout Casinos Ontario Has to Offer
If you are ready to play some of the most exciting games, at licensed sites, these casinos with the best payouts should be a good place to start. Review each operator and sign up with one, some, or all. The choice is yours to make!
Highest Paying Casinos in Ontario FAQ
The highest paying casinos in Ontario are Dream Vegas Ontario, LeoVegas, and a few others. These casinos all offer a great payout between 95% and 99%, which is among the highest in the province and even the country. Remember that the payout percentages matter for the specific games that you play and those may be different from the RTP percentage of the casino as a whole.
A Return-to-Player Percentage or RTP % is a percentage that indicates the payout percentage from a slot game. It's a statistical calculation and not necessarily a concrete value that you will experience. It is the average that all players will experience over a large number of spins or wagers. The RTP % is most useful in estimating how much your online casino play will cost you in the long run.
A fast payout casino in Ontario is generally one that processes payments as soon as possible. Usually, the operator will need to review the account holders request. As soon as this happens, the processing time begins. Generally, most casinos offer a payout time of as little as a few minutes while others can take up to a week to deposit money into the player’s account. The time it takes to make a withdrawal from your account is mainly dependent on the withdrawal method you use.
The Ontario gambling laws state that the maximum RTP percentage of 99.1% is the highest legal rate while the lowest legally permitted rate is 85%. These payouts are guaranteed by the law. Any online casino not reaching these numbers would be fined heavily. Offshore casinos cannot be trusted to offer such high payout levels. Even if they offer high RTP % you have no means of knowing whether their games actually deliver on that promise. If you have any doubts about the games in Ontario you can complain to the regulator, the Alcohol and Gaming Commission of Ontario.
Zack is a Toronto native who is passionate about finding the best deals for Ontario casinos to ensure players can get the most out of their experience.