Slot games are one of the largest and most popular industries in the online casino industry. Like other casino games, the payouts are critical considerations for players who enjoy slots. Find top-rated online slots with high slot payouts with us!
Book of 99 – 99.00%: Relax Gaming did it. A slot with 99% RTP!
Lucky Leprechaun – 96.33%: Microgaming slot with great payout
Book of Dead – 96.21%: This classic slot from Play'n Go has a great payout. One of the world's most popular slots!
Goldfish – 96.00%: Fun little slot game from WMS/SG Digital
Carnival Cash – 95.96%: Carnival-themed slot from Nuworks with decent RTP
It's important to note that the payout percentage can vary from casino to casino. It's also wise to check the payout percentage at the top online casinos before playing the slot.
Casinos with Highest Slot Payouts
The below table showcases some of the best casinos with highest slot payouts. These casinos allow players to win big with their high-payout slot machines. Whether you are looking for a land-based casino or a live casino, these casinos will not disappoint.
888 casino is an established online casino offering a vast selection of slots and table games. They also have wagering requirements of 30x. Lastly, you can make a first deposit as low as $10 at this casino.
Mirax Casino is an established and respected online casino with a great selection of games. Also, they have a minimum deposit of C$10.
4 Fantastic fish, Buffalo Dale: Grand Ways, and All Ways Egypt
Understanding Slot Payouts
What are Slot Payout Percentages?
Slot payout percentages refer to the amount of money a slot machine pays back to players over a long period. This percentage is calculated based on the machine's wage amount. They compare it to the amount of money paid out in winnings.
For example, suppose a slot machine has a payout percentage of 95%. For every $100 you wager, the machine pays out $95 in winnings. It's important to note that these percentages are not a guarantee of winning. Instead, they estimate what you can expect to win over time.
The payout percentages can vary significantly between different slot machines and even between other casinos. Also, they can vary between online and land-based casinos. Online casinos often offer higher payout percentages compared to land-based casinos. That makes them a popular choice for players looking for the best online casino slot payouts.
Playing slots with record payout percentages is a great way to increase your chances of winning big. When choosing a casino, looking for the best online casinos with the highest slot payouts is essential. That is because these casinos offer players the best chance to win big rewards and even real money.
How to Find the Payout Percentage on Slot Machines
Finding top payout casinos is relatively easy. With the following steps, finding the best online slot payouts has never been easier.
Usually displayed on the machine or online, check the machine's payout percentage.
Read casino reviews online to determine which has the best slot payouts.
Look for online casinos that advertise a high player percentage for their slots.
Consider joining a site that specializes in finding the best online slot payouts.
Look out for online casinos that cater to your country and offer the best payouts. If you’re a Canadian citizen, you can start by searching for the best payout online slots in Canada.
Choose online casinos with a reputation for fair play, security, and timely payouts.
Please read the terms and conditions of each online casino to ensure they offer fair and high payouts for their slots.
Lastly, research the specific online slots that have a fast payout speed.
Return-to-Player (RTP) Explained
Regarding finding the best payout online slots, RTP is an essential factor. Casinos with the highest slot payouts typically offer games with higher RTP. That is to ensure that players can expect a greater return on their investment.
Return-to-Player (RTP) is a term used in the gaming industry. It measures a player's average payout from a slot machine or casino game. Additionally, it calculates the percentage of all the wagered money returned to the players over some period.
Hence, the higher the RTP, the more the percentage of the wagered money returned to the players. Also, the more likely you will win in the long run. The average RTP for online slot games is around 96%, meaning for every $100 wagered, the machine returns $96 to players in winnings.
It's important to note that despite the average of 96%, the RTP of slot games ranges from 75% to 98%. That means some slot games may have a lower RTP than others. That makes it harder for players to win in the long run.
Some examples of slot games with high RTP include “Blood Suckers” (98%), “Jackpot 6000” (98.8%), and “1429 Uncharted Seas” (98.5%). Hence, if you want to know the best online slots that pay out, seek those with high RTPs.
The house edge is used to describe the casino's advantage over players. That advantage is calculated by the casino using the odds of winning in a specific game and the payout structure.
The house edge is the percentage of each wager the casino expects to keep over the long run.
The house edge is the RTP inverted. A slot with 96% RTP has a 4% house edge!
It's important to understand that the house edge does not guarantee that the casino will win in every instance. Rather, it estimates what the casino can expect to keep over a specified period.
That is why it's essential to research and choose the best online casinos with the highest slot payouts.
The best payout online casino slots are those with a lower house edge, allowing you to keep more of your winnings.
Variance in Slots
Variance, also known as Volatility, is significant in online gambling. It can affect your overall gaming experience and chances of winning big. Hence, understanding the variance of a slot machine can help you decide which games are best for you.
Variance describes a player's chances of winning a combination and the payout size obtained from winning. It is also popularly known by seasoned casino gamblers as Volatility.
Slots games can have different degrees of variance (Volatility). Here are the different values they can have and what each means:
High Volatility: A slot game with high Volatility has fewer winning combinations but huge payout sizes. You can describe such a game as precarious but with tremendous rewards.
Medium Volatility: A medium variance slot lies between a high volatility slot age and a low volatility slot game. Medium Volatility means average winning frequencies and average payout sizes.
Low Volatility: You can expect to hit the winning combinations daily easily and frequently for a game with Volatility. However, the payout size from these wins would be relatively small.
There are a variety of slot machines, like video slots, progressive jackpot slots, and classic slots, available for Canadian players. However, some are looser than others. A loose slot machine offers higher payouts, i.e. more chances for players to win. That also means the more loose the slot machine, the more money you can get back.
In no particular order, here are some of the loosest Slot Machines in Canada:
88 Fortune Slots
Wheel of Fortune
Maximizing Your Winnings From Top Payout Online Slots
Top 10 Highest Paying Online Slot Machines
It's no secret that some online slot machines pay more than others. It is only fitting that you want to know which slot machine would pay you the most. Hence, below, we have listed some of the highest-paying slot machines in Canada and worldwide.
This is an African-themed slot with a progressive jackpot. It is known for its high payouts and frequent jackpot wins.
A luxurious and high-paying slot machine with a progressive jackpot.
A classic fruit-themed slot with high payout rates and a progressive jackpot.
This is an exotic slot machine based on Arabian themes with a progressive jackpot.
A Greek-themed slot machine with high payouts, cascading reels, and a progressive jackpot.
This is a military-themed slot machine with a progressive jackpot and high payouts.
A simple and classic slot machine with a progressive jackpot and high payouts.
A medieval-themed slot machine with a progressive jackpot and high payouts.
An ancient Egyptian-themed slot machine with a progressive jackpot and high payouts.
A simple and classic slot machine with a progressive jackpot and high payouts.
For their seasoned players, they might have VIP programs that offer unique benefits to you.
These bonuses are for your benefit, so ensure you take advantage of them. Here are some of the ways for you to properly make use of them:
Read bonus terms and conditions: Ensure you understand the requirements to receive and use the bonuses before accepting.
Use bonus codes: Search for bonus codes on the casino to claim exclusive promotions.
Regularly check for new promotions: Keep an eye out for new bonuses and promotions, as they may change frequently.
Maximize deposit bonuses: Deposit the maximum amount to receive the total compensation.
Participate in loyalty programs/tournaments: Earn points and rewards through regular play and games. Then use them to get even more bonuses. You can even win huge prizes you can withdraw using the casino's withdrawal methods at these tournaments.
Choosing Games with High RTPs
Another strategy to note is to choose slot games with high Return to Player (RTP) percentages. High RTP slots typically offer better odds and more frequent payouts than games with low RTP. Before playing, research and compare the RTP of different payout casino games to find the ones with the highest RTP.
Best Paying Casino Table Games
Below is a table with some of the best-paying casino table games:
GamePayout PercentageBlackjack (with basic strategy)99.5%Baccarat98.9%Craps (with maximum odds bet)98.6%Roulette (European, single zero)97.3%Three Card Poker96.3%Quantum Plus Blackjack 99.57%Ultimate Texas Hold’em99.47%
It is important to note that the payout percentages listed above may vary slightly depending on the casino or online site.
Responsible Gambling and Slot Play
Understanding the Risks of Gambling
Though exciting, gambling comes with various risks. Understanding these risks is essential before engaging in online casino gambling. Below are some of the significant risks associated with gambling:
Addiction: Gambling can be highly addictive and lead to compulsive behaviours. That addiction can also lead to severe financial, mental health, and personal problems.
Loss of Money: Even with strategies, there's always a risk of losing money while gambling. Hence, you must gamble with money you can afford to lose.
Misleading Odds: Casinos and gambling websites frequently promote unrealistic odds that deceive gamblers and lead to disappointment and money loss of gamblers.
Mental Health: Gambling could lead to anxiety, depression, and stress. Essentially, it could negatively affect your mental health. That is especially the case if you get addicted to gambling.
Legal Issues: Gambling may not be allowed in certain areas. Hence, players attempting to play in these regions might face legal problems.
It's essential to keep these risks in mind while gambling and to engage in responsible gambling. Always remember to gamble with caution and never chase losses.
Setting Limits on Time and Money Spent
Following the steps below, you can stay within your budget while gambling and avoid losing precious time and money.
Outline a budget: Firstly, determine the amount you're comfortable spending and stick to it strictly.
Set a time limit: Plan ahead of time how long you'll play and ensure you stay within that.
Take breaks: Regular breaks can help you refresh and re-evaluate your spending and time limits. They will also help you make smarter decisions.
Use self-exclusion options: Some casinos and online gambling sites offer self-exclusion options for players who need support managing their gambling. Take advantage of this and activate the feature anytime you notice that you're exceeding your limits.
Seeking Help for Problem Gambling
If you have a problem with gambling, it's essential to seek help. Here are some ways to get the support you need:
Firstly, try to talk to a trusted friend or family member.
Next, contact a gambling addiction helpline.
Additionally, you can use online resources like forums, chat rooms, and self-assessment tools to help you manage the problem.
Set limits on time and money spent on gambling activities.
Consider seeking professional help from a qualified addiction specialist or therapist.
The Return to Player (RTP) for a slot game largely depends on the slot game you're playing and the casino. However, the average RTP for most slot games is about 96%.
What is the payout percentage for slots?
Generally, the payout percentage for slot games may range from as low as 74% to as high as 99%. Whatever the rate is, it depends on the casino and the slot machine.
What are low volatility slots?
Low volatility slots are slot games on which you can quickly and frequently hit winning combinations. However, you can only get small rewards at the end of these winning combinations. That is why they are popularly referred to as low-risk, low-reward games by casinos. Some examples of these games include Omni Gems, Cheshire Cat, Quickspin, Big Vegas, etc.
Lars Wahlström is a recognized leader in the iGaming industry, with over 20 years of experience from both the tech side and an operator. He's now CEO and Publisher at ARGO Gaming Group, the company behind Casinoclaw.
Games and gambling has been an interest of Lars' since early years and besides slots and casino, he's also into poker, sports betting and trotting.
All this experience is drawn upon when he writes, and we dare say he's one of the best casino writers out there. Lars' base is the ARGO HQ and Stockholm office, but he travels a lot and often participates in industry trade shows and panels. To get in contact with Lars, use our contact page or message him directly on LinkedIn or Twitter.