Bojoko helps you find high-payout casinos. The best payout online casinos have the highest possible payout percentage. Why play somewhere where the house edge is higher if you can play on the highest paying casinos in Canada!
Find the best paying online casino
It's always hard to win playing against a casino, but you can make it a bit easier by choosing the right casino. We are here to help you with that. You can find all the best paying online casinos from our curated list.
We have created a comprehensive listing of casinos that you can filter down with different features. Use the quick filters or create your own filtering.
Read more about best payout casinos
On this page, you can learn about house edge and casinos that pay out the most. As a player, it is good to know where to play, so you have the best chances. Gambling always has a negative outcome, but why give the casino more edge than is needed.
How are the best paying online casinos determined?
Players can maximize their winnings by playing in the best online casinos that have the highest payout percentage, also known as RTP (return to player). The best paying online casino can easily be determined by only looking at the payout percentage. RTP can also be determined for single slots and other games which will affect the overall payout-% of a casino.
The payout percentage means how much money will the casino pay back to the players from the money that initially comes in from the players. This varies greatly between different casinos but is usually ranging between 90-98%. The higher the rate, the better it is for the player.
In practice, this means if an online casino gets C$100 in, they will pay back C$90-98 as winnings and take 2-10 dollars themselves as profit.
Payout percentage % = Winnings paid / Money wagered in games
Which casinos have the highest payouts?
In many cases, the largest online casinos and companies are in a good position business-wise, and thus they are also able to offer the best return rate to their players. A large number of customers guarantees them a good turnover even at a lower margin.
For this reason, it is in the player's interest to rely on larger brands, while smaller casinos often have to set the payback percentage slightly lower due to the lower number of players. Larger companies also very often offer payouts quicker as well. You can read more here about instant withdrawal casinos.
For example, these Canadian casinos have relatively high payout percentage:
We have a massive list of the best paying online casinos here on Bojoko. Use the ready-made filters to fine-tune your search, or add personal filters to find that perfect casino.
2. Read our expert and user reviews
When you have chosen the best paying online casino, you can read what our experts and other users have said about it. Their personal experiences will give you a clear idea of what it's like to play there.
3. Go to the casino
Every review page has a green ‘PLAY HERE' button that will take you straight to the casino. It will also activate any special offers that we may have for that casino.
4. Register and play
When you get to the casino, you need to first register an account. Just fill the required information and verify your email if asked. After that, you are ready to deposit and play.
The iGaming industry has become highly regulated which is a good thing for safety. Return percentages are also an issue that is under constant scrutiny.
There are various organizations tasked with researching and testing online casinos and their games to ensure that reported return percentages are actually realized. Certificates are issued to online casinos to show they have passed these audits.
eCOGRA (eCommerce Online Gaming Regulation and Assurance) is a London based testing agency and player protection and standards organization. eCogra was the first self-regulating online gambling program that was launched in 2003. They issue certificates to casinos who pass their audits and testing. eCogra Safe and Fair Seal is granted to those who comply with eGAP (eCOGRA's Generally Accepted Practise) requirements.
Gaming Labs International is one of the leading testing and certification services in the iGaming industry. GLi uses its own programs to simulate and evaluate every possible combination in games to determine the payout percentage. GLi reports whether or not the games are acceptable regarding the payouts. GLi also operates through its subsidiary called Technical Systems Testing (TST).
iTech Labs is also an accredited testing laboratory for iGaming. iTech Labs audits different casino games and their payout rates, RNGs (random number generators), and overall security.
Why should you play at the best payout casinos?
It's really a no-brainer to play at the best paying casinos. This is comparable to other things where you get the same service but either pay more or less for it. Of course, you want to select a casino where you have the best chance to win real money. But does a high RTP have any effect on casinos otherwise?
If an online casino has a high return rate, it might affect their ability to offer bonuses and promotions. Value is given to players in another form, as some companies keep their return rate slightly lower but have the ability to give bigger bonuses and offer more lucrative promotions.
Best payout casinos and responsible gaming
The payout percentage definitely plays a big part in how good it will be for a player. At the end of the day, an online casino is still a business and a way to make money off players.
A smart player is looking for a casino where the player's advantage is best. It still doesn't eliminate the risks, but it can limit them. Even if the casino pays out well, there is no way a player can expect to eliminate losses long term. You might win short-term, which is why people gamble in the first place, but you should always remember that gambling is entertainment only and gambling is always risky, even at the best paying online casinos.
Payout percentage tells a theoretical number of how much the casino pays out of all the money that is wagered in games. In theory, if the casino has a 97% payout percentage, players can expect to get C$97 back for every C$100 wagered.
The payout percentage tells you the house edge or profit margin at the same time, which in this case would be 3%. The bigger the percentage is, the better it is for the players.
Canadian players can find a comprehensive list of casinos from Bojoko and especially from our list of best paying online casinos. Many Canadian casinos have been certified by eCOGRA, iTech Labs, or Gaming Labs International which tells the casino has been tested and audited and all the payout percentages have been ensured to be reliable.
Yes, casinos nowadays have very high payout percentages, and almost every Canadian casino offers bonuses and promotions regardless of their payout rates. However, sometimes very high payout rates can reduce the casinos' ability to offer big bonuses as they are already paying out a lot of winnings.
Jussi has been working in the iGaming industry for over 7 years. Career in Good Game Ltd, the company behind Bojoko started already back in 2015.
Jussi has been contributing for both casino and sports betting websites and gained a solid knowledge about content writing, SEO and research. At the moment Jussi is the head of sports betting for bojoko.com.