Highest Percentage Payout Slot Machines in Canada 2023
Are you interested in finding the highest payout slot games available for Canadians? Then you’ve come to the right place, since we have the inside info on what slots you can try out today to have the best chance of winning.
You’ll also learn about RTP (Return To Player), progressive jackpots and the organizations that audit casinos to verify they are fair. Before playing Canadian online slot games, it’s worth understanding how they work and what you need to look out for.
Best Casinos with Highest Percentage Payout Slots
Best Online Slots Payout Percentage – What Is It All About?
RTP and payout percentages are the same things. It refers to your chances of winning over the long term. For example, if the game has an RTP of 97%, then it means that for every $100 you wager, the expected money you will win is $97.
Therefore, higher payout percentages are beneficial since it means that you have a better chance of winning. However, you also need to consider if you are playing a progressive jackpot game, since that will affect your overall win rate. When jackpots grow bigger in size, then it means that you have a higher chance of winning money.
Top 2023 Best Payout Slots for High RTP
In this section, we will take a look at the highest paying slot games of 2023. With the list of 20 choices there is a lot of variety and you can choose the one that matches your expectations.
|Slot Title||Developer||Payout (RTP)||Bonuses||Description|
|Jackpot 6000||Netent||98.8%||Supermeter bonus when using max coins||It’s a classic game that is similar to Mega Joker in style. There are 3 reels and the action is fast paced.|
|Ooh Aah Dracula||Barcrest||99%||Graveyard and super graveyard bonus||Gothic themed offering that has spooky symbols and Draculas castle is featured too.|
|Mega Joker||Netent||99%||Supermeter bonus||Famous 3 reel slot that offers one of the best payout structures in the industry.|
|Ugga Bugga||Playtech||99.07%||No bonus||It has a similar mechanic to video poker and there is a learning curve.|
|Starmania||NextGen||97.87%||Free spins bonuses||Explore the galaxy and beyond while enjoying the amazing soundtrack.|
|Rainbow riches Pick n Mix||Barcrest||98%||Pots of Gold and Magic Mushrooms bonuses||This game is based on hitting bonuses and there is a lot of gold to be won.|
|Jokerizer||Yggdrasil||98%||Jokerizer mode and Mystery win feature||The theme is based on the Joker character and includes a bunch of classic fruit machine symbols.|
|Blood Suckers||NetEnt||98%||No Bonus||It’s a vampire based theme that offers 25 paylines, 5 reels and a lot of variety to win prizes.|
|The Catfather||Pragmatic Play||98.10%||Free spins||There are 5 reels and a lot of kitties on screen at any one time.|
|White Rabbit Megaways||Big Time Gaming||97.77%||Down the Rabbit Hole free spins feature||You have more than 248,832 ways to win and the game is inspired by Alice in Wonderland.|
|Rainbow Riches||Bacrest||98%||Free spins||Comes with a Big Bet feature that helps with the release of constant bonuses.|
|1429 Uncharted Seas||Thunderkick||98.6%||Free spins and expanding wilds||The game has an original theme and makes it feel like you’re playing on a map.|
|Marching Legions||Relax Gaming||98.12%||Free spin feature||It is based on Roman legions and there are 243 ways to win.|
|Zeus Lightning: Power Reels||Red Tiger Gaming||97.73%||Stack Zeus Wild Cards||Based on the Greek god of thunder, Zeus.|
|Golden Tour||Playtech||97.71%||Golden Tour||The theme is a golf game that offers 5 reels and paylines.|
|Reel Gems||Microgaming||97.49%||Respin feature||This sparkling gems Microgaming option was released in 2010 and offers 243 ways to win.|
|Big Bad Wolf||Quickspin||97.34%||Blowing Down the House||This is a fairy tale theme with a wolf that is the main character. There are 5 reels and 25 paylines.|
|Book of 99||Relax Gaming||99%||Free spins and unlimited retriggers||Ancient Greek theme that offers one of the best payout percentages in the industry.|
|Bonanza Megaways||Big Time Gaming||96%||Spell the world Gold to trigger free spins||Offer classic symbols and high volatility for a chance to win big prizes.|
|Wild Flower||Big Time Gaming||96.52%||Sticky Wild and Multiplier Ladder||Enchanted forest theme that comes with classic symbols and fast paced action.|
What Is Highest Percentage Payout Slot Machines Variance About?
Slot variance is a term that’s used to describe your chance of winning in the short term. Have you noticed that you can go for hundreds of spins before you get a big payout, and then they all come at once? That’s because of high variance.
Players that want to experience a steady stream of wins instead of long droughts should focus on offerings that have low variance. It ensures that you can have short sessions and potentially win prizes.
Progressive jackpots can have a low variance because they can take a long time to trigger. It takes a lot of patience to wait for the jackpot to hit, but you will be rewarded eventually. It might take weeks or months for it to happen, but it’s just a matter of time if you play regularly.
However, beginners may want to start with low variance games to get some confidence. This ensures that they can get a few steady payouts without having to experience long droughts. When researching a slot machine, you can read up on if they have a low, medium or high variance.
The Role of House Edge in Highest Payout Slot Machines
You may have noticed that when we discussed RTP that it’s not at or above 100%. For example, some might be 98%, and in this case there is a 2% house edge. It means that over the long term, you can expect the casino to profit $2 whenever you wager $100. Online casinos have to make money or they will go broke. The house edge is their way of ensuring that overall they will win money in the long run.
The house edge differs for all types of casino games and bets. Generally, slots have one of the best deals in terms of reducing the amount of money that’s lost to the casino. If you want to decrease the amount of rake you pay while playing, then look for the lowest house edge possible.
Everything You Must Understand About Progressive Jackpots
Progressive jackpots are a type of slot game that you can play where a huge prize is triggered. Typically, you can view the size of the jackpot the website has to offer. So you need to wait until it has grown to make it worth your time. Some of the most famous options in this genre include Mega Moolah, Queen of the Pyramids, Monster Madness and Jackpot Pinatas.
Also, the chance of triggering a jackpot is very low. You can play for weeks, months and even years before you manage to trigger one. However, once you do, the results can be life-changing. People win tens or hundreds of thousands of dollars on a single spin.
There are different ways that you can trigger a payout with a progressive win. These include playing at maximum stake, random events, hitting symbol combinations, playing a bonus game, random number generators and must drop jackpots.
Arguably, must-drop jackpots are one of the best strategies to win one of these prizes. That’s because they work in a predictable way since there is a deadline by which the payout must be triggered. Therefore, the closer you play to the deadline, the higher your chances of winning. Most online casinos will share the deadlines so you know exactly when to start playing in the hopes of a massive reward.
What Are Loose Slot Machines and How You Can Play One?
Loose slot machines are those that will allow you to win the most amount of money in the long-term. Therefore, they have the highest RTP value out of the options. You’ll want to start playing on these machines as a beginner so that you can potentially win money quicker. Also, it makes for a more fun experience when you have a higher chance of winning.
You might be wondering where you can find these slot machines with the highest percentage of payout. Look at the table of top 20 highest payout slots above and you can get started. There is enough choice for everyone to find a theme that matches their requirements.
You can also lookout for new games as they appear on the market. Research a title to see what the RTP value is. If it’s above 96%, then you have found a loose slot machine that will increase the odds of winning in the long term.
Comparing Other Games to Highest RTP Casino Slot Machines
You might be wondering if high RTP slots are a good choice compared with other gaming options such as baccarat, roulette, blackjack and poker. Here is a list of other casino games:
- Roulette: with an RTP of around 98.65%, roulette offers a high payout experience. Most slots have a lower value which means that they are not as competitive. However, a few options offer an RTP of 99%, which is slightly better. Therefore, it depends on the specific game that you are comparing to roulette.
- Baccarat: it depends on the type of baccarat that you are playing and the bet type you’re making. For example, pair bets have the lowest payout percentages, which means playing slots is much better. However, the banker bet offers the best value and they are comparable to slots.
- Blackjack: the payout you can expect to get from blackjack somewhat depends on the skill, but there is a lot of luck involved too. You can get close to some of the payout value of the best slots, but you will need to learn the blackjack best strategies.
What Companies Audit RNG and RTP Values?
The industry has organizations that monitor the quality of the games in terms of fairness. They use programs to verify that the RTP values are correct and players are winning the expected amount of money in the long term. Most casinos will show what organizations have vetted them at the bottom in the footer. Here is a list of the common ones you should know about:
- eCORGA: this organization has a strict code of conduct that companies must adhere to for the seal of approval. They stress test casino games daily to ensure they comply with the required industry practices. It’s a London-based company that was established in 2003. Furthermore, they have been awarded the United Kingdom Accreditation Service ISO approvals. Casinos love getting vetted by eCORGA since they can boast about it to their player base.
- GLI: Gaming Laboratories international is another trusted organization that has strict standards. They constantly update those standards so modern requirements are met for providing fair gaming. They currently operate in over 480 jurisdictions worldwide and have over 30 years worth of experience.
- iTech Labs: this is a testing and certification company that ensures quality throughout the industry. You need to meet strict criteria that has been set by iTech Labs, which will place confidence in the customer base. They have been around since 2004 and have some of the top gaming industry clients out there. They have offices in Australia, Italy and the rest of Europe for excellent coverage around the world.
Final Thoughts on Top Paying Slots
Overall, the Canadian online casino industry has a lot of high payout slots machines. They increase your chances of winning money, so it’s a good place to start. However, don’t forget about the other important aspects of playing slots. Things such as the symbols, soundtrack, animations and trust are important factors too.
Don’t forget to check out the list of 20 top RTP slot games of 2023. With so much choice it will take you a while before you give each game a try. Perhaps one of those will become the new favorite that you play for a long time to come.
Frequently Asked Questions
- What are the highest payout online slots?
If you want to discover the highest payout games on the market, then take a look above at our table of the top 20 options. We share details such as the RTP percentage and bonuses the game has to offer. Also, keep an eye out for new industry additions. Some try to compete with established favorites by offering a high payout percentage. It’s a good idea to try these new options since they might match your expectations
- Do best payout slots online have higher RTP than Other Casino Games?
It depends on the slot and other game you are comparing. Some slots have RTPs that are below most other choices on the casino. For example, if it’s lower than 95%, then that’s considered lower than most alternatives. However, if the percentage payout is in the 98-99% range, then that beats the majority of other offerings. This includes blackjack, baccarat and roulette. Ideally, you should pick a specific slot and casino game to compare before playing.
- What is the payout calculation formula for best online slots?
The payout you receive will differ on the game that you are playing. Every single one has a structure of how many coins you can wager and the payout each one will provide. However, when it comes to the long-term payouts, you need to consider the RTP value. It refers to the amount of money you’ll get when consistently playing over a large sample size. Let’s say the payout percentage is 99%, then it means that you will win $99.
- What has better payouts, land-based or online slots?
Generally, land-based machines have a much lower payout rate. It’s in the range of around 85% and that’s because there are more overheads. The operator needs to maintain the unit and conduct repairs if there are problems. Therefore, the casino needs to make bigger profits to cover the costs of running the gaming action.
- Is it possible for casino to change the payout rate?
The payout rate is actually set not by the operating website but by the software company. They create the game and have carefully crafted the odds so that the payouts are consistent and fair. Therefore, a gambling website cannot make changes whenever they want.