The Criterion Followed to Find the Best Payout Online Casino for Canadians

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It is not all about finding just any casino; your aim should be to find a casino that pays out generously. When looking for a casino, it is pivotal to consider the payout rate given by certain criteria.

Certain casino activities payout more, and certain slots are looser than the others. New players might find this strange, but you will soon get the hang of it.

Canadian players want to play and win. Not just a small win, but something tangible. So, when gambling, consider the range of games and the Return to Pleasure across all games. You should consider the bonus system as well as the wagering requirements.

What are some criteria to be followed in finding the best payout casinos?

RTP (return to player)

The Return to the Player of a casino is simply the average percentage of games one is expected to win over some time and over several plays. The RTP is the average payout rate over time for a casino game. Remember that the word average plays an important role here; you shouldn’t expect to calculate an accurate Return to Pleasure immediately after playing a few games. It would be best if you played many games before calculating the Return to Player.

Practically put, if a casino has an RTP of 98.20% for poker, that means for every C$100, a payout of C$98.20 is expected. So if you stake C$1000, you should get back C$98.2 on average.

Now look at it this way, if you have an RTP of 98.20%, that means 1.80% is the house edge. The house edge is the percentage of profit the casino will make on a game over a period of play. This means that the casino would make about 1.80% profit over time.

So if you are considering a casino, ensure that the Return to Pleasure across all games is high. This betters your winning chances over time. Be sure to check the RTP for various game categories and see which games dominate the casino’s game selection.

Below is a simple highlight of various game categories and their RTS

  • Online slots – 93 – 99%
  • Baccarat – 98.5%
  • Blackjack – 98.5% (playing with a single deck)
  • Three card Poker – 98.5%
  • Roulette – 94.7% – 97.5%

We know that online slots and blackjack have the best payouts, so you can use this criterion to find a casino with great payouts.

Low wagering Requirement

The wagering requirement is also called the play through bonus. This is because you are expected to play through several games before you can withdraw your winnings. The wagering requirements will show you the expected payout and the time frame a bonus offer would last. It is important to learn about the wagering requirement before playing games.

Let us take, for example, a casino that offers you C£5 with a 35X wagering requirement for 30 days. This means that you are expected to play C$5 X 35 = C$175 over thirty days before you will be able to withdraw your winnings. So for better and easy payouts, go for casinos with low wagering requirements ranging from X10 to X20. Ensure that for each bonus, the wagering requirement is low and consistent.

Consider the providers

There are many providers:

  • Microgaming
  • NetEnt
  • Betsoft
  • Novomatic
  • IGT
  • Evolution gaming

You get the point, and there are many of them. Now, these providers determine the RTP of most games. After determining the RTP, they audit the software and ensure it is up to standard. When choosing a casino with a great payout, check which provider supplies games and software to the casino.

Good bonus System

A good bonus system will not necessarily improve your payout, but it will give you a chance to boost your payout. Check out the bonus system. This encapsulates reading through the terms and conditions; this will help you understand the wagering requirements and how to go about it.

It is good to go for casinos with generous bonus offers and promotions. This will help boost your payout.

Banking system

What good is a payout if you cannot access it on time? An important factor to also consider is the payment system. How many pay lines are there for the slots, and how long do you have to wait for transactions to be processed? It is good to look for big payouts, but ensure that the banking system will allow you to access them on time. It will help if you sort after casinos that have multiple payment methods.

Game selections

It is the games that decide the overall payout rates because it is the games that have the RTP. When selecting a casino in terms of payout, you should know that the game selection will also affect the payout. Some games weigh more than some, and some games have a higher RTP than others. It is very important to consider casinos that have a good game selection. Slots like Mega moolah have a high payout and good RTP; thus, progressive jackpots should be part of the game selection, among other games. The best online casinos Canada provides games with high RTP and good payouts. You should check them out.

Wrapping things up

Payouts play a very pivotal role in online casinos. We have articulated the yardstick to follow in finding casinos with a great payout. On your quest to find casinos with great RTPs, consider factors like the banking system, game selections, RTP, game providers and so on. These criteria are important as they control the nature of the payout.

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.