Best Paying Casinos Ontario : Which Casino in Ontario Has The Highest Chance of Winning? (2025 Data)
Player Beware ConnexOntario 19+ Only
A search for best paying casinos Ontario might suggest that players are looking for the promise of a big win that will instantly change their lives for the better. But this isn't always the case. Some players are looking for high paying casinos based on payout rates, some want to find high RTP slots or the largest progressive jackpots, and some want to find sites that have already paid out big wins.
In Ontario, there are strict regulations that must be followed by all operators and choosing a high paying casino means you need to know what you're looking for. It's not just progressive jackpots, although Mega Moolah has the record for the highest payout in Canada, with a C$20 million payout in 2019.
There's also the payout percentages (very important), the payment methods, and of course, the maximum cashout limits. There's nothing worse than winning a jackpot and having it paid out in dribs and drabs.
When the AGCO opened up the market in Ontario, it led to an influx of operators looking to make a profit. The move brought some of the best paying casinos to Ontario and some that don't pay so well.
There are still casinos that operate illegally, and a recent study by IPSOS found that illegal gambling attracted over 20% of the market share in 2024 (we believe this number is much higher)[1]. Playing on illegal sites is risky, as the AGCO can clamp down on them at any time, causing losses for members.
We recommend steering clear of unlicensed sites and only playing at one of the 87 regulated by iGaming Ontario[2]. To help you out, this page features the best paying casinos in Ontario.
What We Mean By The Best Paying Online Casinos in Ontario?
It may be hard to define exactly what "best paying" means when it comes to online casinos, as it can signal something different for every player. Sometimes it can refer to payout rates, jackpot size, historical wins, RTP rates, and withdrawal limits, among other factors. But don't worry, we have everything covered on this page.
Top 10 Highest Paying Casino Sites (Ontario Residents Only)
To make it easy for you to find the best paying casinos in Ontario, we've put together a list of our favourites.
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Jackpot City - Consistently High Payout Rates
Jackpot City was established in 1988 and was one of the first operators to move into the online space. As such, it has an excellent reputation for reliably high payouts to players. The operator does not appear to have a monthly withdrawal limit, and the payout percentage is from 97.64 to 98.46%.
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Spin Casino - Big Jackpot Slots
Spin launched in 2001 (not in Ontario until after 2022) and is a site that has the player firmly in mind. You can expect to play some big jackpot slots like Mega Moolah and Thunderstruck II. The casino payout percentage ranges from 96.3 to 98.65%. The site offers 8 different payment options, and withdrawal limits vary depending on which method you use.
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PlayOJO - No Withdrawal Fees
PlayOJO opened its doors to the public in 2017 with the Ontario site following in 2022. Ontarians can enjoy all this site has to offer. You can choose from 9 payment options, but best of all, there are no withdrawal fees. The casino percentage payout is a healthy 98.65%, and there's a massive $50,000 maximum withdrawal.
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888 Casino - Large Historical Wins
888 has been in the online casino business since 1997 and launched in Ontario in 2022. This is one of the most well-known global brands and has a long history of big winners. You can choose from 6 payment options, and there's a max cashout of $30,000 daily. The casino payout percentage is 97.52%.
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LeoVegas - Best for High Rollers
LeoVegas may have recently joined Ontario's online casino scene in the past few years, but it is a well-respected brand that has been around since 2012. Players will love the VIP programme, a highly refined and personalised club. The casino payout percentage varies from 96.78% to 98%, which is pretty decent.
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BetMGM - High Maximum Withdrawal
BetMGM is a well-designed online casino that was founded in 2018 and is licensed for players in Ontario since 2022. The generous maximum withdrawal of $50,000 when using online banking makes this a best paying Casino for Ontario. There are 8 payment methods on offer, and the payout percentage ranges from 95.73% to 97.43%.
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Party Casino - Great Selection of Withdrawal Options
Party Casino is another long-standing online casino that is now accepting players from Ontario. The site features 7 different withdrawal options, and there's a max cashout of $5,000 through online banking, but that could vary with other methods. The percentage payout is between 95.55% and 97.55%.
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Casino Days - Secure Payments
Casino Days is a relatively new site that has excellent reviews on TrustPilot, with an overall rating of 4.3 stars. It uses the latest encryption technology to ensure your payments are secure. The max cashout is $25,000, and you can make fast, secure withdrawals using a variety of methods. The payout percentage is 97%.
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Conquestador - Instant Withdrawal Options
Conquestador is one of the newer online casinos now operating in Ontario. You'll be glad to know that you can get your hands on your money instantly by using MuchBetter as a withdrawal option. The max cashout limit may depend on the payment method. The percentage payment is slightly above average at 97.09%.
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Magic Red - Best Payout Percentage 98.86%
Magic Red has been on the scene for over 10 years and successfully launched in Ontario in 2022. This site makes our best paying list because of the outstanding percentage payout of 98.86%. Payout methods vary depending on location. The max cashout is $7,000 per month, and instant withdrawals are offered through Neteller, Skrill and others.
What Do We Mean by Casino Payout Percentages?
The casino payout rate is a long-term calculation that gives an overall expectation of the amount of money a casino gives back on games played. The payout rate is expressed as a percentage, and it is not a guarantee of winnings. The payout rates are published by each casino and audited in regulated markets like Ontario.
Understanding the payout percentages will help you find a site to play at like Magic Red which has a payout percentage of 98.86% which is great.
How Does the Payout Percentage Differ From the RTP and House Edge?
The terms payout percentage and Return to Player (RTP) are often used interchangeably. Each game has its own RTP, while the casino percentage payout takes into account wagers and winnings across all games played.
The house edge is the mathematical advantage the casino has over players. It is the percentage of each bet that the casino expects to keep.
If we take 888 Casino with its 97.52% payout percentage, it means that for every $100 wagered, $97.52 is paid back to players and the remaining $2.48 is profit for the casino. You do have to remember that this is theoretical and calculations are based on long term expectations.
Play These 10 Games at Online Casinos if You Want the Highest Payouts
Not all games have the same average payout rate. Below we've listed 10 of the most popular games with high payout rates that you can play at the best paying casinos in Ontario.
- American Blackjack - 99.6%
- European Blackjack - 99.6%
- Unlimited Blackjack - 99.56%
- Lightning Blackjack - 99.56%
- Craps - 99.17%
- Blackjack - 99%
- Punto Banco - 98.76%
- Baccarat Banque - 98.76%
- Mini Baccarat - 98.76%
- European Roulette - 97.3%
Online Slots With The Highest RTPs
RTP can vary greatly, so we've put together a list of the top 10 slots with the highest RTP rates. You'll find these at a number of the online casinos in Ontario including Jackpot City, Spin, PlayOJO, and LeoVegas.
- Ugga Bugga - Playtech - 99.07%
- Mega Joker - NetEnt - 99%
- Book of 99 - Relax Gaming - 99%
- Jackpot 6000 - NetEnt - 98.90%
- 1429 Uncharted Seas - Thunderkick - 98.60%
- Marching Legions - Relax Gaming - 98.12%
- Bloodsuckers - NetEnt - 98%
- Money Cart 2 - Relax Gaming - 98%
- White Rabbit - Big Time Gaming - 97.72%
- Medusa Megaways - Nextgen Gaming - 97.63%
- Wild Orient - Microgaming/Games Global - 97.49%
Progressive Jackpots - Massive Wins But Not The Best Paying Casino Game
Progressive Jackpots are always exciting to play. Each time you place a wager, a small portion of your stake is added to a central pot, which continues to grow until one player takes it all. Some players have taken home millions, but the RTP on these games is usually quite low.
Mega Moolah for example, is only 88.12% even though it's hugely popular, and the biggest Canadian payout was back in 2019 at Zodiac Casino for $20,057,734. It may offer millions but the big wins don't happen very often, so we don't recommend basing your choice of casino on progressive jackpots.
Bonuses at High Payout Casino in Ontario
Bonuses such as welcome offers, free spins, minimum deposit deals, and even no deposit bonus codes can be found at many of the online casinos in Ontario with high payouts. Unfortunately, you'll have to check the sites yourself as we can't divulge any information due to regulations on from the AGCO.
Player Beware: Watch Out For Predatory Terms, High Wagering, Min Withdrawals
Last Updated: Mon. Jul. 07, 2025
It might take a while to find the best payout casinos in Ontario and we recommend you do just that. You should take everything into account and check for publicly displayed payout rates. The Ontario casinos in our toplist all have their payout rates on display.
Another thing to be aware of is that some high payout casinos will promote and advertise generous bonuses, but prevent payouts due to high wagering requirements. It's very difficult to clear 200x wagering requirements which is the standard for the welcome bonus at Jackpot City, Spin, and any casinos within the Casino Rewards Group.
You might also find limits on win amounts (very common with no deposit or free spins bonuses), restrictions on games, and even limits on withdrawals.
Spin Casino has a minimum withdrawal limit of $50 which is quite frustrating if you're a low budget player or someone testing out a new site. With this limitation you have to wait until you've won over $50 before you can request a payout. A site like PlayOJO Ontario is a better option as there's no minimum withdrawal amount.
Sometimes these terms can be hidden in the fine print and players unknowingly forfeit their winnings. Always read the full terms and conditions.
FAQs
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What's the best high paying online casino in Ontario?
That's a hard question to answer. It all depends on what you are looking for. Any of the casinos we've listed above are a good choice but if it's the highest payout percentage you're after, Magic Red Ontario is the best at 98.86%. -
What is the average payout rate at online casinos?
The average payout rate is approximately 96%, but remember payout rate is not a guarantee that you will win.
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