Choosing an online casino is a very personal decision as there are many factors to consider before making your choice. However, one of the most important factors to consider is definitely the casino’s payout percentage. After all, you want to gamble at the highest paying online casino, and there is no reason to settle for anything less.a
Luckily, finding the best payout casinos in Canada isn’t too difficult as there are only a handful of great options to choose from. To help you make your decision, we’ve put together a list of the five ways to pick the highest-paying online casinos in Canada. Let’s take a look!
What is the payout percentage?
If you are new to online gambling, you may not be familiar with the term “payout percentage.” So, let’s start with a quick definition. The payout percentage is the amount of money that a casino pays out in winnings as a percentage of the total amount of money wagered.
For example, if an online casino has a payout percentage of 98%, it means that for every $100 wagered, the casino pays out $98 in winnings. Keep in mind that this figure is an average over a period of time and can fluctuate depending on various factors such as the type of games being played and how busy it is.
You’ll often hear players calling it RTP, which means Return to Player. It’s just a different way of expressing the same concept. Now that we’ve explained what it is let’s take a look at how to find the payout percentage at an online casino.
Top tricks to pick a casino with the highest payout
So, how do you choose the best payout casinos? Here are five simple steps to help make your decision:
1. Check the casino’s licensing and regulation
The first step is to make sure that the casino you are considering is licensed and regulated by a reputable authority. This will ensure that the casino is operating legally and is subject to strict regulations. A good way to check this is to look for the casino’s licensing information on its website.
In Canada, a casino must have a license coming from the local Gaming Association. This is the official body that regulates and licenses gambling sites in Canada. The casino you choose must clearly display its licensing information on the website.
2. Compare payout percentages for different games
Once you’ve narrowed down your list of potential choices, take a look at the payout percentages for each game. Make sure that the casino’s overall payout percentage is in line with what you are looking for, and be sure to check out its payouts for slot machines, table games, video poker, and other titles.
After that, you can choose the game that suits your style and your payout expectations. Of course, don’t forget to take advantage of the welcome bonus. Be sure to check the wagering requirements and other terms and conditions before claiming any bonus.
3. Read reviews from casino experts and players
Another great way to find out more about a particular online casino is to read some of the reviews that have been written by both critics and players. Online casinos are rated based on a variety of key factors, including their payout percentage, so it’s important to choose the one that has received the best ratings.
4. Check the payment methods offered
When you’re ready to make a deposit, it’s important to check the payment methods that are available. The best online casinos offer a wide range of options, including credit and debit cards, e-wallets, and bank transfers. Be sure to pick the casino that offers the payment method that is most convenient for you.
At the same time, remember to check the time it takes for the casino to process your withdrawal request. The best casinos will usually allow you to withdraw your winnings within 24 hours. This is by far the best option because it allows you to start enjoying your winnings right away.
5. Look for regular promotions and bonuses
Of course, no matter which online casino you choose, be sure to take advantage of the many promotions and bonuses that are available at most sites today. Offering a variety of perks like cashback offers, loyalty programs, and free spins on popular slot games can make your time at an online casino more enjoyable – and hopefully quite profitable too!
You can even test multiple online gambling platforms by taking advantage of free casino bonuses. This way, you can see which site offers the best games and features before you risk any real money.
Final thoughts
When it comes to gambling online, the most important thing is to choose the casino with the highest payout percentage. By following the tips and tricks outlined above, you can be sure that you are making the best possible choice for your needs. Good luck!