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Best Payout Online Casino in Canada: Highest Paying Casinos in Canada for 2022

9 Aug 2022

Best Payout Online Casino in Canada: Highest Paying Casinos in Canada for 2022

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Knowing which casino site is the best can be tricky, but we are here for you. We have done the hard work, reviewing all the sites and rounding up the best payout online casinos in Canada.

Our top recommendation is Spin Casino because of its amazing offering, including bonuses, safety and extensive game library. However, you should consider all the options on our list. They are all different, and some may fit you better.

Let’s dive right in.

Best Payout Online Casinos in Canada

1. Spin Casino – Best Payout Canadian Online Casino Overall

  • Extensive track record and experience – launched in 2001
  • A whopping 15 available payment options
  • 100% deposit bonus up to C$400

Spin Casino is one of the gambling sites on the internet with the longest proven track record of safe and fun gambling. This site is owned by Baytree, which has been operating in the gambling space much longer than that.

This casino has always maintained a great relationship with its customers. This is one significant factor for how they have stuck around the industry as a competitive actor for so long.

Spin Casino has made sure to offer its customers a wide range of secure and reputable deposit alternatives to make sure that you can venture out and find the one most suited for your needs.

Here, you can use as many as 15 payment options, including credit and debit cards, as well as several e-wallets.

When making your first deposit, you are eligible for a 100% deposit bonus of up to C$400 that you can utilize on their 450+ casino games.

Click here to find out more about what bonuses you can receive at Spin Casino

2. Casumo – Best Payout Online Casino in Canada for High RTP Slots

  • Secure website with almost a decade of safety and goodwill
  • Incredible welcome bonus – 100% deposit bonus up to C$1,800
  • Massive game library – offers nearly 2,200 games
  • Supports seven different payment options

Casumo is a casino site that has been in the industry for many years now. They launched in 2012 and have been going strong ever since. Casumo looked at the competition in the casino market and realized that none of the actors could offer the same thrill and excitement as them, and the rest is history.

When registering as a new player, you are offered a very generous welcome package valued at C$1,800. You will get a 100% deposit bonus on your first deposit up to C$1,000, and you will get C$400 on your second and third deposits.

When you are depositing to enjoy that sweet bonus package, you can utilize one of Casumo’s seven payment options. They are Visa, MasterCard, interact, iDebit, much better, Paysafecard and ecoPayz.

Once the money speedily arrives at your account, you can use it and enjoy their extensive and diverse game library containing almost 2200 unique casino games. You will never get bored at Casumo, as it offers one of the best variety of games out there.

Check out all the latest bonuses & promotions offered by Casumo Casino

3. PlayOJO – Most Generous Bonuses of All the Highest Paying Canadian Online Casinos

  • Fantastic 50 free spins bonus, no wagering requirements
  • 2,100+ humongous game library
  • Established in 2017 with an excellent track-record
  • Nine different secure and trusted payment options

PlayOJO is owned and operated by Skillonnet, an industry leader that operates 22 different online casinos.

Since the site’s inception in 2017, it has had an excellent track record with happy customers and a safe experience for all its players.

The site offers nine different payment options, so you can easily find which one suits you the best. These are: Interac, MasterCard, Visa, ecoPayz, MuchBetter, Paysafecard, ecoVoucher, Astropay, and Jeton.

New players are eligible for their fantastic welcome bonus of 50 free spins. This bonus comes with no wagering requirements and is not capped – giving room for unlimited money wins.

You also have access to a massive game library with more than 2,100 fun and exciting game titles, and the company constantly adds more – no chance you will be bored with this selection and diversity.

Check out what bonuses you can receive at PlayOJO Casino

4. Royal Panda – Most Diverse Game Library of all High Payout Online Casinos in Canada

  • Holds two gambling licenses
  • Amazing selection of 400+ games
  • Fast and secure deposits

Royal Panda may not offer the most games out there, but they have managed to find an outstanding balance in their offering. There is a perfect variety between retro games, classic games, and new exciting titles.

The casino is also very safe and trusted as they abide by the strict rules and regulations set by Malta Gaming Authority and the United Kingdom Gambling Commission. These are two of the most stringent regulators on the gambling market, and in order to obtain a license, the site must be very secure.

Royal Panda also offers secure and fast deposits. On this website, you can choose from Interac, Visa, Mastercard, Neosurf, Paysafecard, and others. These payment options offer you direct deposits.

Discover what bonuses you can find available at Royal Panda Casino

5. Queenspins – Best New High Payout Online Casino in Canada

  • An extensive game library with 1,000+ casino games
  • Offers new bonuses weekly & monthly
  • 14 different payment methods
  • Accepts Bitcoin and Bitcoin Cash

Queenspins casino is based and operated in Curacao. The company offers new players plenty of bonuses, with options to get new ones weekly. Queenspins different bonuses to its users, for both beginners and existing ones.

The bonuses vary and can be anything from a 100% deposit bonus to free spins and cash bonuses for their players. Make sure you read the terms and conditions which apply to your bonus.

Utilize one of their 14 different payment options to make fast and reliable deposits. The site keeps your deposited money safe with bank-grade encryption. Also, do not miss that you can deposit Bitcoin and Bitcoin Cash to the site and gamble with it.

Once your deposits are available, use it and try some of their 1,000+ casino games and find your optimal slot or table game.

Check out the latest bonuses available right now at Queenspins

6. Genesis – Most Attractive Welcome Package of all the Highest Payout CA Casinos

  • Large game library of 2,000+ games
  • Different welcome packages, deposit bonuses, free spins & more
  • 12 trusted and secure payment options
  • Hold two gambling licenses

Genesis is a relatively new casino that was established in 2018. The company is based in Malta, where it holds a gambling license. It also holds a license from the United Kingdom Gambling Commission. This attests to the site safety as these are two of the most stringent regulators out there.

When you first register on this site, you can choose between several welcome packages. These include 100% match deposit casino bonuses, free spins and live casino bonuses, so read the terms and conditions carefully before choosing your welcome package.

When making a deposit, you can choose from many options. These options are: Visa, Visa Electron, Apple Pay, MasterCard, Maestro, Interac, Interac e-Transfer, Paysafecard, ecoPayz, MuchBetter, Astropay and Bank transfers.

The site has a wide range and variety of casino games, and you can choose from their 2,000+ game selection.

Check out all the latest bonuses offered by Genesis Casino

7. Leo Vegas – Best Payout Online Casino in CA for High Rollers

  • Proven track record of secure and fair gambling
  • The company is listed on the stock market
  • Huge welcome package

Leo Vegas is a Swedish gambling establishment with years of experience in the gambling industry. The company is famous for its trusted website with fair gambling for all of its customers. Furthermore, the casino is listed on the stock market, meaning that it cannot afford to engage in nefarious activities.

The company also holds a Swedish gambling license issued by the Swedish government regulator Spelinspektionen, which is notoriously strict. The site is based in Malta and is also regulated by the Malta Gaming Authority.

The site offers new players a massive welcome package of up to C$1000 and is known for being a great option for high roller gamblers.

You can find the bonuses and promos offered by Leo Vegas by clicking here

8. mBit Casino – Best Payout Online Canadian Casino for Crypto Users

  • Large casino game selection, 2,600+ titles
  • Exclusive welcome bonus with Bitcoin & 300 free spins
  • Crypto payment options include Doge, Tether & Bitcoin

mBit casino is a perfect casino establishment for those that do not want to rely on traditional payment methods but rather want to use cryptocurrencies instead. The benefit is that cryptocurrencies can both be deposited and withdrawn compared to more traditional banking methods.

Those that like Bitcoin can take advantage of the exclusive Bitcoin deposit promotions. You can get up to five Bitcoin in deposit bonuses. Bear in mind that the bonus comes with a wagering requirement of 35x.

Click here to find the latest bonuses you can activate at mBit Casino

9. Bitstarz – Fastest Payout Online Casino in Canada

  • Secure cold storage for your crypto
  • Four safe and fast deposit & withdrawal options
  • A great mix of slots, live dealer and table games

BitStarz offers some of the best cryptocurrency casino services in the industry. At this site, you do not have to be worried about the security of your crypto. With over 3,500 games to offer, it is very unlikely for you to ever feel bored when gambling at BitStarz.

There is a very generous welcome bonus offered by this casino. Once you sign up, you can receive a generous 1 BTC welcome bonus plus additional 180 free spins when making your first deposit.

The welcome package does not stop here; you can receive up to 5 BTC in total over the first few deposits.

Another exciting thing about BitStarz is that it processes all of your deposits and withdrawals instantly, which is a huge advantage.

Click here to explore over 3,500 games at BitStarz and receive your welcome bonus

10. Las Atlantis – Best Design of any High Payout Canadian Online Casino

  • 280% welcome bonus
  • Instant BTC deposits
  • Large selection of games
  • 3-5 day withdrawal

Las Atlantis offers a hefty welcome bonus for all of its new members. The bonus is matched 280% up to C$14,000; just use the code LASATLANTIS. The wagering requirement for this welcome bonus is 35x.

The website of this online casino looks simply amazing. It is very easy to use and makes gambling a breeze even for those with little to no experience.

Check out the latest bonuses and promos at Las Atlantis Casino

Ranking Methodology for the Best Payout Online Casinos in Canada

Security:

One of the most important aspects to consider is safety and security when it comes to online gambling. You should always be able to play at a casino establishment without fearing what could happen with your deposit or with your personal data.

We take this very seriously and vet all the companies to make sure they follow safe practices. Another thing we inspect is if the gambling site holds a gambling license.

Bonuses:

An essential element of every gambling experience is the opportunity to obtain a welcome bonus.

This is an incentive from casino sites to get you to sign up to their sites. We select the sites that offer you the most generous bonuses and exclusive deals. It should both be fun and beneficial. The deals could be anything from free spins, deposit bonuses and free cash.

Game Offering:

Having a rich offering in terms of variety is key to having a great gambling experience; no one wants to sit down and play the same type of game repeatedly.

That just gets boring. We scavenge the industry for the sites with great payouts and an impressive game library. Sites with a large number of slot games are not necessarily great sites. A good site finds a balance between a large selection and a diversity of games offered.

Payment Options:

Payment options are a crucial dimension because your money will not make its way to the casino site without them. We are looking for gambling sites that offer many safe and reliable options so you can pick the method you feel most comfortable with.

Suggested Reading: Highest paying casinos in Canada

Best Payout Online Casinos in Canada – FAQ

What to Consider When Looking For The Best Payout Canadian Online Casinos?

The first thing is to look for a safe and reputable online casino. It does not matter if the site offers excellent payouts if the players cannot trust the site. So look for sites that display safety.

The second thing to look for is a site with an extensive and diverse game library. With many games, such as progressive jackpots, mega jackpots and so on, you increase your chances for a good payout.

To make it easy for you, we have listed some of the best online casinos that display these characteristics below:

Should I Always Claim My Welcome Bonus?

This is a great question, and there is no clear answer; it differs case by case.

There are plenty of bonus offerings on the vast casino market, and some are more beneficial than others. In order to gauge whether a bonus is worth claiming, you need to investigate further.

Read through the gambling sites’ terms and conditions to examine things such as wagering requirements, wagering contributions, how much you need to deposit and the duration of the bonus. If you feel that the conditions are too hard to overcome, it may be better to pass on the bonus.

What Payment Options are Supported by the Best Payout Casinos in Canada?

A good payout online casino needs to have good payment options to be recommended by us.

This is crucial as it will determine whether you will deposit money to the casino or move on to a better site with more secure options. After researching and investigating loads of casinos and payment options, we have deduced that some of the best and most recommended payment options are:

  • Paypal
  • Trustly
  • Credit card (Visa, Mastercard & Maestro)
  • Skrill
  • Bank transfer
  • Bitcoin

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Comparing the Top 5 Highest Payout Canadian Casinos

  • Spin Casino: 100% up to C$400 welcome bonus, about 500 casino games, 15 payment options supported; overall 99%
  • Casumo: 100% deposit bonus up to C$1,800, about 2,200 games, 7 payment methods supported; overall 97%
  • PlayOJO: 50 free spins welcome bonus, lowest wagering requirements casino – 0 WR for the welcome bonus,  2,100+ games, 12 payment options supported; overall 95%
  • Royal Panda: 100% welcome offer up to C$1,000, 1,200+ games, 7 payment options supported; overall 94%
  • Queenspins: generous welcome bonus over the first three deposits, 1,000+ casino games, 14 payment options supported; overall 92%

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Getting Started at the Best Payout Online Casino in Canada

Getting started at the fastest payout online casinos in Canada is not a hard task. It should not take you more than a few minutes. Let’s see how it works at our top pick, Spin Casino:

Step 1: Open Your Account

Step 2: Verification of Your Account

  • After you provide all your personal information, it is time to visit your email and verify it

Step 3: Make Your Deposit & Start Gambling

  • Decide which payment option you want to use
  • Make your deposit
  • Activate the welcome bonus
  • Start Gambling

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Did You Find the Best Payout Online Casino in Canada for You?

The best payout online casino, for the time being, is Spin Casino. Other casinos are catching up, including Casumo, PlayOJO and QueenSpins. However, Casumo is edging them out with a larger game library, more generous bonuses and good payment options.

Regardless of what you pick from our list, you will have fun playing at the best payout online casinos available in Canada. Don’t forget to gamble responsibly and have fun!

 

Are you suffering from a gambling problem, or do you know someone that does? If so, it’s crucial to call the Gamblers Anonymous at 1-626-960-3500 to seek help from one of the numerous advisors on ground. Speaking to these professionals is instrumental in making gambling a safe venture for you and your loved one. You also have to be aware that gambling sites and other related products are for those aged 18 and above.

Several casino sites listed in our reviews might not be available in your region. To this end, you might want to go through your jurisdiction’s local laws and rules to have an idea of online gambling’s legality. 

If you’d like some top-notch information that focuses on gambling and everything in-between, check out these organisations: