Few Tips for Identifying the Best Payout Casinos in Canada

Canada is a country where most people go online to have fun, watch movies, and play games. It is also one of the countries where a lot of people love to gamble or play casino games. As a result, a lot of time goes into picking the casino site and thoroughly examining what they have to offer. Given how people are primarily interested in playing on a legitimate site that can payout massive winnings, they focus on identifying reliable operators with a good track record. So, let’s go over some useful suggestions on how to find the best payout casinos in Canada.

Casino Review Sites

One of the quickest ways to check out multiple sites in a short time frame is to visit one of the platforms that review and rank those casinos. There are so many ranking categories and one of them is the best online casinos that payout big amounts of money. This doesn’t mean that you are more likely to win here, it just indicates that a casino has paid out big amounts in the past, like progressive jackpots. This is of course very important for players, as they don’t want to feel uncertain whether the casino will comply with their withdrawal request.

Operating License

Another sign of a reliable online casino site is its license. In most cases, this information is displayed at the bottom or footer of the website. You will have the name of the parent company, where it is registered, and their license number. So, you can go to the regulator’s website and verify that information. If you cannot find the number or any license-related info on the site, then you can reach out to their customer support, and they should be forthcoming about it.

In Canada, it is illegal to maintain an online casino business, but operators licensed in UK, Malta, Cypress, and Curacao are allowed to offer their services to Canadian citizens. So, you don’t have to worry if you see a foreign regulator displayed on the site.

High RTP Games

Casinos that handle high payouts also host high RTP games. The RTP rate represents the amount of total money that is allocated towards a prize pool for players.

For example, a fair game has a 50/50 win-loss ratio, however, the house also needs to get a portion of the funds as their compensation for hosting the game. So, it is common for this ratio to be 49/51 or higher in the case of slot games. That extra one percent is then treated as a house edge, so if a game has an RTP of 99% that means that 1% of all of its revenue is given to the casino.

Games like video poker, blackjack, and baccarat do have an RTP of around 99%, but slots can often go below 90% which is why these are the most profitable games for casinos. Luckily, there are a few slot titles that have an RTP of 99% and slightly more, so, you should find those games, and see which online casino hosts them.

Reliable Payment Methods

Casinos with high payout rates usually have an array of different payment options for deposits and withdrawals. In Canada, you should look for operators that handle payments via PayPal, EcoPayz, Neteller, Interac, and of course, Visa and MasterCard. This is practically a bare minimum if we examine today’s standards, but it’s also worth mentioning that these standards are going higher. Having SMS payments is also desirable, but more importantly, casinos that allow cryptocurrencies are becoming more popular.

Using cryptos you can handle big payments in a short time frame, which makes them perfect for online casinos. The problem of course is the high exchange rate and volatility, so it’s not practical to immediately convert the currency back into fiat, but keeping large quantities of cryptos is also very risky nowadays. As a result, users still mostly prefer to use e-wallets or secure bank transfers for large payments.

User Forums

If you are not sure about certain operators but would like to give them a try, you can always check if there are some negative user experiences related to those sites. There are tons of user forums where people who play casino games openly speak about how they were wronged. If a casino has been around for several years and there are no bad reviews then feel free to give them a chance, provided they met all of the previous requirements.

Conclusion

To sum up, it’s not too difficult to find casinos with high payouts, in fact, you can find multiple viable options. All you need to do is then examine other elements, like available bonuses, games, and other recurring promotions. It’s important to note that you should always gamble responsibly, and even play games for free to get a good feeling of how it works and how likely you are to win.