6 Highest Paying Online Casinos in Canada

While selecting the right online casino is a serious business and with plenty of payout statistics visible online, you may get swayed away. The average percentage of payout is one of the most reliable statistics available to assess the casino. But it might not be necessary that an online casino produces more winners each day or each month of the calendar. What is judged when it comes to the highest paying online casinos is the games played that offer high payouts and the overall RTP of the casino as well.

Each casino game has different odds and probabilities and therefore needs to be played accordingly with best of skills and strategies to win something. Also if you are looking for a jackpot win then also it makes more of necessary to know which casino games offer the best odds to help a player win and to avoid those casino games which offer the worst.

The casino games with the best odds are Blackjack (0.13%), Craps (0.60%) and Rouette (2.7%). The casino games with the worst odds are Wheel of Fortune (11.2%) and Slots (1 in 49,836,032).

Also when you come to know about the games with best odds to win the jackpot, you also need to understand the house edge and the payout percentage before getting familiar with odds and probability of winning a game.

Every casino needs to make a profit and this is where the house edge and payout percentage come in. The house edge is the name given to the casinos profit expressed as a percentage of the players not.  Like some casino only pay out 95 cents for every dollar so therefore the house edge is 2.5%. You don’t need to know every detail, but it is important to know that the normal house edge is 2-3%.

The payout percentage applies to slot machine games and it is similar to the house edge. The payout percentage is the return that players receive for every dollar they wager on slot machines or other similar casino games.

Let’s have a closer look at the highest paying online casinos in Canada.

1. Slots.lv

Slots.lv Click to Play

Operating since 1st August 2013, Slots.lv is the casino that has built a loyal and committed player base due to their commitment to offering an unparalleled 400 online titles to play for an excellent gaming experience. Their major cause of becoming so popular is their incredibly generous and high payout rate that is impressive 96.68%. So, if you are looking for a generous paying casino, do not hesitate to walk in Slots.lv casino.   Slots.lv uses multiple well-known software providers, thereby assuring sufficient game variety. Since Slots.lv is powered by Realtime Gaming and Net Ent, for its over 400 games you can find an awesome variety of slots and table games.  Unfortunately, there are no live dealer games. But you can take your pick from the likes of video poker, blackjack (several varieties), baccarat, American and European roulette craps, casino table poker, Pai Gow, Sic Bo, Let’Em Ride, Red Dog, Casino War, Bonus Bingo, keno, and scratch cards.

2. Cool Cat Casino

$100 Free Chip at Cool Cat

With 95.63% payout percentage Cool Cat Casino is also a great place to you can rely upon for high-end payouts. You will get a variety of slots, roulette, blackjack, and video poker games to play and spend a great time here, and they’ll offer a 1000% matching deposit. New members can win this bonus with the 100$ of free casino money that they are provided with at the start.

The games catalogue at cool cat are over 220 options and more being added every month. There’s no shortage of entertaining and rewarding games to choose from. Of those 220 games, over 140 are a unique collection of slot machines. The rest are an extensive selection of table, video poker, and specialty games that range anywhere from baccarat and blackjack to Deuces Wild and Joker Poker, with games like Keno and American Roulette thrown in for good measure.

CoolCat Casino offers players frequent promotions and opportunities to score rewards, including match bonuses and free money chips. From the welcome bonus that comes with your initial login to the rewards you continually receive for playing the most popular games.

You never have to worry about how you’re going to play casino games, because with CoolCat Casino, you have access to both free downloadable casino software and their fun and fast flash version, which you can access from any browser with internet connection!

3. Slots of Vegas

Slots of Vegas Highest payout casino
Grab $250 welcome bonus

Slots of Vegas is a casino that has completely utilized the concept of gamification and it is among the best where you will find this concept being implemented. Apart from this, it also boasts an impressive payout rate of 97.24%! The casino is also known for its unique design and gamified focus of the casino which make this casino stand out in a seemingly crowded field.

If you’re looking for the reel deal when it comes to online gambling, look no further. Slots of Vegas brings all the favorites from Sin City’s live casino gambling floors directly to you, no matter where you are. Their site is certified, safe, secure, and guaranteed to bring the fun.

Exclusive bonuses are kind of a specialty here at Slots of Vegas, and they make sure to provide players with regular bonuses to make gameplay more interesting and rewarding. New players receive a 250% signup bonus with no withdrawal limits –and the benefits just keep coming after that. There are daily specials, monthly Vegas casino slots tournaments, and VIP promotions to keep things fresh, while giving you the chance to pocket even more winnings.

4. Bovada Casino

Get welcome bonus of 100% up to $3,000.

Bovada Casino is yet another online casino that offers more than just casino experience and entertainment. Introduced on Nov 01, 2011, Bovada casino has come out as one of the most prestigious Vega-style online gaming casino across the world. Their payout rate of 97.74% is definitely a great reason for its being an amazing casino.

 Bovada Casino, welcomes Canadians with a welcome bonus of 100% up to $3,000. With a varied selection of over 300 popular casino games, top-notch security and a variety of trusted payment options, you will feel the strength of this casino not only playing slots but also sports or poker sections of the casino. Bovada’s live dealer games are also popular point of destination to win some handsome amounts of CAD.

As the name suggests, you will be able to play with a real-life croupier distributing the cards and interacting with you and the other players through a video stream. Be it Blackjack, Roulette or Baccarat the live dealer games are simply superb as well.

5. Slotland Casino

$1000 welcome bonus is amazing at Slotland

Slotland Casino is also a leading high paying casino with a payout rate of 98%. Introduced on Sep 01, 1998, Slotland’s casino has already earned a rapport as one of the internet’s top slot casino sites. Offering a wide range of top titles as well as exceptional graphics and audio, this casino is known amongst thousands of loyal players.

As a new player grab $1000 as welcome bonus and start to play slots. At Slotland you can go from the wonderful world of Alice in Wonderland, complete with Mad Hatter bonuses and Free Spins, to spinning for the exclusive Dragon Jackpot in the enticing Ninja Power. Tehir variety guarantees that you won’t get bored and that you have awesome options no matter what amount you want to bet.

Players that keep returning to Slotland’s games are handsomely rewarded, with newsletter bonuses straight into your inbox, cashback on deposits, monthly mystery bonuses, weekly draws, and more. Also as you climb the VIP ranks, with each level providing exciting additional rewards and exclusive promotions. New games are added regularly, each with introductory bonuses so that you can try all the latest slots out without making a dent into your funds. Being a member gets better and better.

6. Drake Casino

Drake Casino
Over 160 slots to enjoy

Flying high with a massive 300% up to $6,000 welcome bonus or 540 spins, Drake casino boasts of 97% payout percentage. It is a great gaming destination where the 23 progressive jackpot slots are waiting for you. With an assortment of games ranging from an all-star lineup of developers, you’ll be able to play a number of games here.

Drake Casino has become one of the industry’s top online casinos thanks to huge bonuses, frequent promotions, a first-rate VIP program, reliable customer support and a large variety of Flash casino games. Plus Drake’s smooth gaming interface and easy casino software ensure that players will have a very enjoyable gaming experience.

With over 160 exciting casino games available, Drake Casino offers incredible variety to players. The online slots selection is always popular with 3-reel, 5-reel, progressive slots, and a new lineup of visually-stunning 3D casino slots available. There are plenty of table games too with baccarat, blackjack, Caribbean poker, craps, Oasis poker, Pai Gow poker, Red Dog and three card poker. Players can also count on seeing various video poker versions and specialty games too.

While most online casinos offer a VIP program, none are as comprehensive as the Drake Club. This casino VIP program is bursting with casino rewards from the top level all the way to the bottom. Every player is automatically enrolled in the Amber level, where reload bonuses and points-for-cash deals are available. The perks get especially nice if one reaches Diamond status since this is where the best points-for-cash exchanges and reload bonuses can be found.

Synopsis

Above-listed is the most amazing and some of the highest paying casinos. You are free to choose the best casinos of your choice offering the potential for profit and start making a return today!