Best-Paying Online Casino Ontario Sites: Find Out the High Payout Online Casinos in 2024

There are some casinos with a reputation for being the casino online best payout available. This will include the best payout slots, table games, and more.

Not only do the best payout casino sites offer top payouts, but they are also operated under strict gambling laws and regulations. An Ontario casino is licensed through the Alcohol and Gaming Commission in Ontario. This signifies that the casino is safe to deposit your money at and secure enough that you can input personal and banking information.

Regulated casinos with the best payouts ensure fairness, which means you are able to withdraw fast and easily with secure payment methods.

You’ll enjoy top games at the best payout online casino Canada sites, as well. Online casinos that payout have built their reputation on giving the player a top user experience.

Also, they’ll make sure to add the games with high return-to-player percentages, increasing your chances of big wins and potentially leading to big payouts.

How to Find the Best-Paying Online Casinos in Ontario

Before we give you the full list of the best-paying online gambling sites in Ontario, let's walk you through the process of recognizing such operators. There are several factors that shape an online casino, good or bad, but for the sake of the limited space we have here, we will focus on the four most important criteria.

🏛️ License and Security

Provinces in Canada have the freedom to regulate local iGaming activities as they wish, and Ontario seemingly leads the way. So, the best-payout online casinos fall under the iGaming Ontario regulation umbrella, and you can easily recognize such a site—just search for the iGaming Ontario logo on the footer of the website!

🎰 Game Catalogue

Online casino games play a pivotal role in determining online casino payouts. By looking at the game selection, you can get a rough idea of whether the site is a high-paying one. Consequently, if the Ontario online casino partners with the likes of Wazdan and Evolution Gaming, chances are that you can look forward to good payout percentages.

💳 Payment Methods

Besides online casino games, you also need to pay close attention to which payment methods you have at your disposal. A casino's payout percentage will mean nothing if you don't have sufficient reliable payment options to withdraw your winnings. In this line, Ontario punters mostly prefer cards and e-wallets for their casino transactions, so the best payout casinos must offer such diversity to users.

📞 Customer Support

Although not directly connected to the casino payout percentage, a responsive customer support team can often shape the success of any gambling site. As a loyal user, you will surely have some dilemmas or questions while gambling, and professional, responsive, and friendly support agents can add to your pleasant gaming experience.

What is Casino RTP?

If you have ever spun the reels of online slots, then you have surely come across the term RTP, which stands for return-to-player percantage. It is a vital factor that determines the payout of casino games and, consequently, the gambling site itself.

The casino RTP works quite simply; it represents the average sum of money that online slot games or other types of casino games pay back to the punter over a longer period of time. You will see the RTP displayed as a percentage, but don't get it confused with the house edge - the latter symbolizes the mathematical advantage of the casino game you play.

For example, if a certain casino game at any of our recommended high-payout online casino sites has an RTP of 96%, then the house edge will be 4%.

While the RTP is not the most accurate measure and it doesn't guarantee that you will secure profits from the casino game, it is a good guideline that can help you determine which games to play and which ones to stay away from.

It doesn't always have to mean that higher-RTP games are more secure choices. Games on the lower spectrum of the RTP percentage can also secure you some handsome payoffs, so the bottom line is that it all comes down to luck!

📈 How is RTP Determined?

As you can imagine, there is a specific formula that is used to determine the RTP percentage of a game, and it goes as follows:

RTP = (Wins Amount/Bets Amount) x 100%

Providers determine the percentage over millions of spins, and for instance, if a lost machine has $1 million of theoretical turnover and $960,000 in theoretical wins over a million spins, the calculation above helps us determine that the game has an RTP of 96%.

The formula works flawlessly when determining the payout percentages of online slots, but things get a bit more complicated with other casino games, notably table games.

In games such as roulette, blackjack, baccarat, poker, video poker, and craps, the RTP will also depend on the types of side bets you place or the strategies you use. Online blackjack is one game that requires certain skills from players, so if you just play blindfolded and don't use any skills or strategies, you will single-handedly bring down the RTP.

🧐 Game Volatility - A Crucial Factor to Remember

Game volatility is also a term that you will encounter quite frequently whenever you play online slot machines in Ontario online casinos. Volatility can be either low, medium, or high, and it represents the risk involved in a certain slot.

As mentioned above, each slot has a theoretical RTP, and the volatility will explain the allowable tolerance above or below the RTP percentage. As such, low-volatility games mean that the tolerance above or below the RTP will be much smaller, but high-volatility titles will allow a bigger tolerance.

Therefore, you can expect less frequent but bigger wins on average with high-volatility games and frequent low-gross payouts with games on the lower variance scale.

👉 What Is a Good Payout Percentage?

Game providers like to get creative when creating online casino games, so you will undoubtedly have an abundant selection if you choose one of our trusted, high-paying online casinos in Ontario. As the choice is so rich, you can expect games with varying RTP percentages, from games with 85% RTP all the way to games with 97-98% limits.

Hence, our research has shown that the average payout percentage in online casino games is just around the 96% mark. This means that should you encounter anything above that, it might not be the worst idea to give those games a go!

Online Casinos with the Highest Slots Payouts

Well, now that you know all about how payouts work in casino games, it is time to dive straight into the magic! We have done extensive research on the best-payout online casinos currently active in Ontario, and we have come up with the following list:

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Highest-Paying Online Casino Games at Ontario Online Casino Sites

Up next, how about we also place a few suggestions of the highest-payout casino games we encountered with our suggested operators above? Finding the perfect game can be a challenge since the choice at the best online casinos is so vast, but we are happy to step in!

Slots

As stated beforehand, the RTP of slots will vary, with the average being 96%. Nonetheless, there are tons of games that go way above that mark, with some notable examples being:

• Mega Joker by NetEnt: 99%
• Blood Suckers by NetEnt: 98%
• Starmania by NextGen Gaming: 97.87%
• White Rabbit by Big Time Gaming: 97.24%
• Guns N' Roses by NetEnt: 96.98%

It is worth noting that some players are happy to trade the high RTP for bigger jackpot-winning potential. Some progressive jackpots have low RTP settings, but their payout can be astonishing.

• Gladiator: $2,000,000 minimum jackpot;
• Cleopatra: $2,000,000 jackpot;
• Mega Moolah: $1,000,000 minimum jackpot;
• Gold Fish: $1,000,000 jackpot.

These games and the winnings are just the tip of the iceberg, which just shows how popular progressive jackpot titles are nowadays.

These types of games run on a shared pot mechanism - a small portion of every player's bet is added to a common prize pool, and one lucky winner will get to take the ultimate prize home! The prize increases until a win bursts, so the payouts can go into millions!

Roulette

Roulette is a game that must find itself on our list since the payout percentage can go as high as 98.65%. Usually, you will encounter three main roulette variants at Ontario casino sites (including live casino game variants of roulette):

• American Roulette
• European Roulette
• French Roulette

Out of those, French Roulette boasts the highest payout percentage of 98.65% since there is just a single zero on the wheel. European roulette is next with 97.3%, and the American version has an RTP of 94.74%.

Craps

Craps is another common type of game you will encounter at Ontario casinos - both in the RNG games section and among the live dealer games. The RTP in craps can vary between 94.5% and 99.6%, depending on the type of bet you opt for.

Blackjack

Casino experts know blackjack to be the highest-paying game, with the RTP going as high as 99.87%, depending on the variant you choose, of course. The good news is that you can further erode the small house edge by claiming casino bonuses on the site where you gamble, but note that you also need to use strategies.

Some common blackjack variants you will get to enjoy at the best Ontario online casinos are:

• European Blackjack
• Spanish 21
• Multi-Hand Blackjack
• Atlantic City Blackjack
• Blackjack Switch

Of course, you can also enjoy blackjack as one of the live casino games offered on the site, which guarantees you an even more thrilling gaming experience!

Baccarat

We finish this list with baccarat - one of the most prominent games at high-payout casinos in Ontario. The RTP of baccarat can go up to 98.96%, depending on the variant you play and your wagers - the RTP is higher if you bet on the banker winning. A tie bet in baccarat has an RTP of just 85.64%. With that in mind, baccarat games at the highest-paying online casinos in Ontario include the likes of:

• Punto Banco
• Baccarat Chemin de Fer
• Double Fortune Baccarat
• 3 Card Baccarat

Highest-Paying Casinos with Fast Payouts

Fast payouts are often the deciding factor in whether a casino player remains loyal to the brand or searches for another site. Payment methods often determine the payout speed, but the casinos' processing time plays a big role as well.

So, out of the highest-payout online casinos mentioned above, the ones that offer speedy withdrawals are:

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New Casinos with the Best Payout Percentages in Ontario

Ontario opened its doors to online casinos in 2022, and the market hasn't stopped expanding since! New high-payout online gambling sites hit the Ontario iGaming scene all the time, so it might be difficult for you to keep track of them all.

Thankfully, you don't even need to! We are more than happy to keep you updated with all new sites, and the ones that offer the best online casino payouts are:

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🚀 4 Ways to Maximise Your Winnings at Online Casinos

Before you create an online casino account and start playing games, you need to know that there is no guaranteed winning strategy. Luck will always play a crucial role in your success when you gamble online, but there are some things you can introduce to your gameplay that could potentially make a huge difference:

1. Choose smaller jackpots at first: If you are a casual gamer, resist the urge to go for the big bucks - you have a much more realistic chance of securing a win if you aim for the smaller jackpots.
2. Budget your money:  Good gambling habits are vital for all types of punters, so budgeting is necessary. Keep your spending under control so you don't develop gambling-related problems.
3. Try games where you can use strategies: As mentioned, games like baccarat offer you tons of side bets, and you can use some strategies to influence the outcome.
4. Play for free first: All games we mentioned above have demo versions you can try out, except live dealer games. There is no limit on how long you can play for free, so always utilize this option to get familiar with the gameplay and the rules of the game.

With these tips in mind, you can maximise your winning chances, but the most important thing is to always play responsibly.

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