Best Payout Online Slots in Canada

Published by Julia Attard on October 21, 2020 in Canadian Casino News

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Real Money Online Slots

Nowadays, there are endless real money online slots available all with different themes and features. The majority of slots have either between 3 to 5 reels and some come with several bonus features such as free spins, multipliers, scatter symbols and wilds. These bonus features make the slot more exciting as well as provide a better opportunity to hit a win.

Having so many casinos accepting Canadian players means that slots by leading software providers such as Microgaming, NetEnt, Quicspin and Playtech can be enjoyed by anyone in Canada. The majority of casinos are fully optimised for all devices and some even have their own casino appsthus Canadian can enjoy playing their favourite game on the go.

Return to Player (RTP)

An RTP percentage is the average amount of winnings a player will get when compared to the amount the player wagered. For example, if the slot has an RTP of 90% and you bet $100, then on average, the machine will return $90 in winnings.

In general, a higher payout percentage, which is another term for RTP, means that the slot will usually pay out more often. The kind of slot also dictates what type of payout players might get. Progressive jackpot slots tend to have a lower RTP, the payout is usually a generous figure, whilst a penny slot might have a much higher payout percentage but players will not win an exorbitant amount.

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Variance in Slots

Slots have different variances which can also be known as volatility or payout frequency, this refers to how often slots payout and whether it is a big win or a small win. There are three types of variances:

  • Low variance: slots pay out frequent but small wins
  • Medium variance: slots pay out quite frequently with a mixture of small wins and larger wins
  • High variance: slots do not pay out frequently however when they do pay out, the win is quite substantial. 

Best 5 online slots in Canada

We've listed the top 5 online slots in Canada and had a look at their features and the percentage payouts.

Thunderstruck II

Launched back in 2010 by software giant Microgaming, Thunderstruck II comes with 5 reels and has 243 different ways to win. It has a 96.65% return to player (RTP) percentage. Whilst this slot is not a progressive slot, it features multipliers, scatter symbols, wilds, bonus games and free spins.

Play Thunderstruck II at Energy Casino.

Mega Moolah

Mega Moolah is a popular progressive jackpot slot, meaning that players across several casinos are contributing to the jackpot. Thus, it has an 88.12% RTP percentage which is lower than the average. It has 25 paylines and features free spins, jackpot, scatter symbols and wilds. Fun fact: on 20th August 2020. One lucky Swedish player won over 146m SEK on Mega Moolah. It was the 5th Mega Moolah hit this year!

Play Mega Moolah at Boom Casino.

Book of Dead

Play ‘n Go launched this slot in 2014 and it has since become one of the favourites amongst casino players. Featuring several bonus features such as expanding symbols, free spins, risk game and wilds, this 5 reels 10 paylines slot is a delight! It has an RTP of 96.21% and you can win up to 5000x your stake.

Play Book of Dead at Vulkan Vegas Casino.

League of Fortune

Another Microgaming slot, League of Fortune features stacked wilds, free spins and generous multipliers. It also has over 1000 different ways to win. This 5-reel non-progressive slot has a 96% RTP percentage putting it right around the average mark for slots.

Play League of Fortune at Playigo Casino.

Buffalo Blitz

Released by Playtech in 2016, this slot is a 6x4 reel video slot with 4096 paylines. Bonus features on Buffalo Blitz include free spins, multiplier, scatter symbols, stack and wilds. The return to player percentage is 95.96% and you can win up to 10,000x your stake! 

Play Buffalo Blitz at Party Casino.

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Online Slots Payout Takeaway

Whilst there is no way of predicting when the next payout will happen, you can still find a slot which is more fit for your style of playing and budget. By doing thorough research on the slot you wish to play, you can determine what to expect and make your online gaming experience better.

For more information on gambling in Canada, check out our full Canadian gambling guide.

Best Payout Online Slots Canada FAQs

If you're looking for more information, have a look at our readers' frequently asked questions below.

Can I play online slots for free?

Playing at online casinos gives you the opportunity to try out endless types of slots; from classic slots to video slots to pub slots and fruit machines. There is simply something for everyone to enjoy. Another advantage is that some casinos allow you to play a demo version of the games so that you can play without spending a dollar.

What is an RTP and how does it work?

RTP stands for ‘Return to Player’, meaning it represents the average amount of winnings that will be returned to the player compared to how much the player has wagered.

Can I predict when a slot machine will payout?

Whilst some players vouch that it is possible to predict the next payout of a slot if the slot is operating properly, the odds are the same every time. Thus, the payouts are random.

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