Highest paying online slots: best for Canadians

Which online slots are considered to be the best and why? Along with graphics, theme, jackpots, audio effects, and bonus features, payout percentage is a criterion one considers before deciding whether an online pokie is worth paying.

Finding the payout percentage of online slots, however, is a lot of work, which is why we have created this page. You will find a mine of information about the best payout slots on this page along with honest and comprehensive reviews of the Canadian online casinos that offer them.

Everything about Payout Percentages - High and Low Pay Rates

Payout percentage or return to player (RTP) or pay rate is the percentage value indicating the amount of total money bet on an online pokie that online casinos return to players as winnings. For example, a payout percentage of 96% means that the online casino returns to players $96 in winnings for every $100 they bet on the pokie.

Not understanding this perfectly, some players believe that they will get back a certain percentage of their bet amount as winnings. But the truth is that a large number of players have to place multiple bets over a long period of time for the online slot to payout. This may happen when you are playing if you get lucky, but most of the time it doesn't happen.

What pay rate is low?

Most online slots are programmed to have a payout percentage or return to player (RTP) in the range of 82% to 98%. Pay rates below 90% are too low, and online slots with RTPs below that are best avoided.

What pay rate is high?

Some slots have high RTPs, usually in the range of 96% to 98%. Slots with RTPs exceeding 98% are also available, but they are very rare. Experts recommend playing slots with high RTPs.

Advantages of Online Slots Machines

The advantages of playing online slots are many, and here are just a few:

Affordable Betting Limits - Online slots have betting ranges that suit players with different budgets.

Large Number of Online Slots - Canadian online casinos partner with multiple software providers to give you thousands of online slots to choose from.

Free Slot Bonuses - You can claim several pokie-specific bonuses, enabling you to play online slots without risking your money.

Large Number of Online Casinos - You can choose from several online casinos, sign up at multiple casinos, and leave online casinos you don't like.

Easy and Convenient - Playing online slots in the comforts of home is easy and convenient.

Disadvantages of Playing Online Slots

Playing online slots is a fun experience, but it has a few disadvantages too. Here are some of them:

Solitary Experience - Playing slots alone at home can get lonely and boring. Moreover, you may miss the sights and sounds of a land-based casino.

Withdrawal Times - Some online casinos take a long time to payout winnings. You also have to undergo verification checks, as a part of which you have to submit copies of your identification documents to the online casino. All this is tedious, time-consuming, and frustrating.

Credit Card Debts - If you use credit cards to load your casino gaming account and cannot control your casino spending, you may run into unmanageable credit card debts.

Highest Paying Online Slots in Canada with Payout Percentage

The following is a list of best payout online slots in Canada with payout percentages exceeding 97%:

Name of the Slot	Pay Rate	Software Provider
Caishen's Fortune	97%	IGTech
Larry the Leprechaun	97%	Wazdan
Queen and the Dragons	97%	IGTech
Money Train	97%	IGTech

List of New Best Paying Online Slots

New online slots are released even as we write, but they take time to capture players’ attention and become popular. The following is a list of new online slots with high pay rates.

Online Slot	Software Provider	Pay Rate
Take Santa's Shop	Betsoft Gaming	96.08%
Book of Darkness	Betsoft Gaming	96.48%
John Hunter and the Book of Tut	Pragmatic Play	96.50%
Moriarty Megaways	iSoftBet	96.11%
Clover Lady	Wazdan	96.21%
Book of Cai Shen	iSoftBet	96%
Neptune's Fortune Megaways	iSoftBet	96.03%
Jokerizer	Yggdrasil	98%
The Catfather	Pragmatic Play	98.10%

Best Paying Online Slots FAQs