Best Fast Payout Online Casinos for Canadians in 2021

You can expect the fastest payout online casinos to cashout your winnings in under 24 hours. Here, we'll show you the best online casinos that payout quickest, how to withdraw real money, bonus requirements and more.
Fastest Casinos
How we Review
Cashout Rules
How to Withdraw
Banking
Bonuses

Our Top Fast Withdrawal Online Casinos

ONLINE CASINOS SPORTS BETTING
Maple Leaf Icon CANADA'S FAVOURITE
1
Maple Leaf Icon
CANADA'S FAVOURITE
Bonus C$1,600
Payout 97.44%
Paytime 24 hrs
visa
mastercard
skrill
neteller
Play for the $3,864,206.00 Mega Moolah Jackpot
visa
mastercard
skrill
neteller
Payout 97.44%
Play for the $3,864,206.00 Mega Moolah Jackpot
2
Bonus C$1,000
Payout 97.16%
Paytime 24 hrs
visa
mastercard
skrill
neteller
visa
mastercard
skrill
neteller
Payout 97.16%
3
Bonus C$750
Payout 96.39%
Paytime 24 hrs
visa
mastercard
skrill
neteller
visa
mastercard
skrill
neteller
Payout 96.39%
4
Bonus C$1,800
Payout 96.22%
Paytime 24 hrs
Payout 96.22%
Paytime 24 hrs
5
Bonus C$500
Payout 97.90%
Paytime 24 hrs
Payout 97.90%
Paytime 24 hrs
6
Bonus C$500
Payout 98.35%
Paytime 1-3 days
Payout 98.35%
Paytime 1-3 days
7
Bonus C$1,200
Payout 98.55%
Paytime 1-3 days
Payout 98.55%
Paytime 1-3 days
8
Bonus C$200
Payout 97.78%
Paytime 1-3 days
Payout 97.78%
Paytime 1-3 days
9
Bonus C$1,100
Payout 96.58%
Paytime 48 hours
Payout 96.58%
Paytime 48 hours
10
Bonus C$1,000
Payout 97.25%
Paytime 1-3 days
Payout 97.25%
Paytime 1-3 days
Maple Leaf Icon CANADA'S FAVOURITE
1
Maple Leaf Icon
CANADA'S FAVOURITE
Bonus C$300
In-Play Betting Yes
Paytime 24 hrs
interac
visa
paypal
skrill
Play for the $3,864,206.00 Mega Moolah Jackpot
interac
visa
paypal
skrill
In-Play Betting Yes
Play for the $3,864,206.00 Mega Moolah Jackpot
2
Bonus C$250
In-Play Betting Yes
Paytime 24 hrs
visa
mastercard
skrill
idebit
visa
mastercard
skrill
idebit
In-Play Betting Yes
3
Bonus C$100
In-Play Betting Yes
Paytime 24 hrs
interac
visa
paypal
skrill
interac
visa
paypal
skrill
In-Play Betting Yes
4
Bonus C$250
In-Play Betting Yes
Paytime 24 hrs
In-Play Betting Yes
Paytime 24 hrs
5
Bonus C$100
In-Play Betting Yes
Paytime 3 days
In-Play Betting Yes
Paytime 3 days
6
Bonus C$300
In-Play Betting Yes
Paytime 1-2 days
In-Play Betting Yes
Paytime 1-2 days
7
Bonus C$20
In-Play Betting Yes
Paytime 1-3 days
In-Play Betting Yes
Paytime 1-3 days
8
Bonus C$200
In-Play Betting Yes
Paytime 1-3 days
In-Play Betting Yes
Paytime 1-3 days
9
Bonus C$300
In-Play Betting Yes
Paytime 5 days
In-Play Betting Yes
Paytime 5 days
10
Bonus None
In-Play Betting Yes
Paytime 5 days
In-Play Betting Yes
Paytime 5 days

What Makes a Good Fast Payout Casino

When searching for the fastest payout online casinos, our review team consider the following:

Withdrawal Time
Withdrawal Time
We test how long it takes for each online casino to process your withdrawal request. Some offer instant payouts, but most take up to 3 business days.
Payment Options
Payment Options
While online casinos may be quick to process your withdrawals, some payment methods will take longer. So it’s crucial you have a choice of payout options.
Security
Security
A fast withdrawal casino site must also offer top security and be legit, so you can bet safely without worrying if you’ll receive your winnings or not.
Easy Cashouts
Easy Cashouts
Making deposits is relatively straightforward, but withdrawing real money can be more difficult. We only recommend easy cashout online casinos.
Customer Service
Customer Service
In case there are any issues during your withdrawal process, we check that online casinos offer responsive and helpful customer service 24/7.

Online Casino Cashout Rules

Making withdrawals at online casinos may not always be as easy as it seems, with various T&Cs to look out for. We go through the different casino cashout rules and regulations that you may encounter:

1
Withdrawal Limits

Some online casinos and payment methods cap the amount of money you can withdraw into your account over a certain time period. Such as per day, week or month.

On top of this, you may be limited in the number of times you can withdraw real money, no matter the amount.

2
Fees & Charges

This will mostly depend on the casino and payment method you choose to withdraw real money into. They will usually be a small fee of between 2-3% each time you cashout.

Some online casinos will offer you free withdrawals up to a certain amount. And if you are a VIP player, one of the perks is usually that you won’t have to pay any withdrawal fees.

3
Verification Checks

You’ll need to provide security information, but this is usually a one-time event. You can speed up your online casino withdrawal process by doing this after signing up.

Personal information you’ll need may include: proof of ID (passport or driving license etc), proof of address (utility bill or bank statement) and card details.

How to Withdraw from an Online Casino

Online casinos will have slightly different withdrawal processes, but follow these stages for a quick payout of winnings into your account:

  1. Sign-in to your account and go to the Withdraw, Cashier or Wallet page.
  2. Find the Withdrawal section, and choose the option to withdraw.
  3. Choose your preferred payment method. It is recommended to use one with little or no transaction fees, and quick payout times.
  4. Enter how much money you wish to withdraw from the casino into your account.
  5. Fill in any security information, if you haven’t already.
  6. Confirm the withdrawal, and wait for the transfer to be processed.

Which Online Casinos Payout the Quickest?

Whether you choose sports betting or casino games gambling, it’s important to find the fastest paying online casinos in Canada after winning real money.

It is rare to find instant withdrawal casinos, but some of the best sites will pay out in under 24 hours. Sometime even within a few hours. Below is a list of our top recommended online casinos with same day withdrawals:

Online Casino Payout Time Payout% Rating Our Review
Jackpot City 24 Hours 97.44% 4.9/5 Read Review
Betway 24 Hours 96.22% 4.9/5 Read Review
Spin Casino 24 Hours 97.16% 4.8/5 Read Review
Ruby Fortune 24 Hours 96.39% 4.7/5 Read Review
Europa Casino 24 Hours 97.90% 4.5/5 Read Review

Best Payment Methods for Quick Withdrawals

In order to get the quickest payouts, it can depend on which banking method you use. Below is a list of some of the popular options available:

Visa logo Visa Debit

Deposit / withdraw

C$1-100k /
C$1-50k

Withdraw time

1-5 days

Fees

No

Security features

Data encryption and a 3-digit security code Automatically places your account on hold if fraudulent activity is suspected Covers unauthorized purchases

Id info

Casinos may require: Recent bank statement, photo ID, copy of your card or utility bill

paysafecard logo Paysafecard

Deposit / withdraw

C$1-175k /
C$1-75k

Withdraw time

1-3 days

Fees

Monthly fee applies after 12 months
Refund fees

Security features

16-digit number with 3-digit pin

Id info

Casinos may require: a photo ID, copy of the card and recent utility bill

MasterCard logo MasterCard

Deposit / withdraw

C$1-155k /
C$1-85k

Withdraw time

1-5 days

Fees

No

Security features

ID theft alerts
Security staff on standby to assist with fraudulent activity
Covers unauthorized purchases

Id info

Casinos may require: Recent bank statement, photo ID, copy of your card or utility bill

MasterCard logo MasterCard/ Visa

Deposit / withdraw

C$1-70k /
C$1-40k

Withdraw time

2-4 days

Fees

No

Security features

Data encryption and 3-digit security code Security staff on standby to assist with fraudulent activity
Covers unauthorized purchases if reported

Id info

Casinos may require: Recent bank statement, photo ID, copy of your card or a utility bill

warning icon

Important Information

Note that eWallets such as PayPal, Neteller and Skrill are unable for use at online casinos in Canada.

Casino Games’ Payout Percentages

A payout percentage is different to payout time, as instead it means the chances of you winning at a certain casino game or online casino.

These can be displayed as the house edge, which is the advantage the casino holds, or a Return to Player (RTP) percentage. These will determine your chances of winning.

Slot games have various payout percentages, but the highest paying ones have an RTP of 96% or above. Below is a list of other popular casino games and their payout percentages in order:

Casino Game Payout%
Blackjack 99.42%
Slots < 99%
Baccarat 98.99%
Pai Gow Poker 98.70%
Craps 98.64%
Texas Hold'em 97.64%
European Roulette 97.30%
Sic Bo 97.22%
Keno 94.90%
American Roulette 94.74%

How do Bonuses Withdrawals Work?

Below is some useful information to know for withdrawal requirements for bonuses and promotions at online casinos.

  • Playthrough/Wagering Requirements: For welcome offer ‘Match Bonuses’ in particular, you may need to go through wagering requirements. This means you can only claim and withdraw your bonus winnings after betting a certain amount. Eg 60x the wager.

  • VIP Privileges: As a VIP or high roller, you will be entitled to perks such as quicker payouts, no withdrawal fees and no withdrawal limits. This is dependent on the online casino and what level of their loyalty program you are at.

Our #1 Casino Site for Fast Withdrawals

TOP RATED CANADIAN SITE
Jackpot City Logo
Jackpot City
4.7/5
Get your C$1,600 Bonus at Jackpot City
  • Get C$1,600 free with a welcome bonus
  • Enjoy over 600 slots and table games
  • Get payouts within 48 hours
PAYMENT OPTIONS:

Useful Pages

FAQs

What are the fastest paying online casinos in Canada?

Real money online casinos with instant or same day withdrawals, whether you are betting on casino games or sport, include the following:

  • Jackpot City (up to 24 hours)
  • Spin Casino (up to 24 hours)
  • Ruby Fortune (up to 24 hours)
  • Betway (up to 24 hours)
  • Europa Casino (up to 24 hours)
How are online casino withdrawals made?

This depends on which payment method you use. If you use a third party transfer company, the casino will send the money to them and they will put the money in your account. If you are using a bank transfer, the casino will send the money directly to the bank.

In order to withdraw real money winnings from an online casino into your account, you’ll need to find the ‘Withdraw’ or ‘Cashier’ section. From there you choose the amount you want to withdraw, and confirm the transfer.

How long do online casino withdrawals usually take?

Withdrawals can take anywhere from a few hours to a couple weeks depending on which online casino you are using.

When you are using a fast payout casino, you should have your cash in no more than 2-3 days.

Is the payment option an important factor?

The payment option is an important factor for online casino withdrawals for two reasons: fees and speed.

Some payment methods will be quicker, but they will charge you a higher withdrawal fee. Others will be slower but won't charge you any fee at all.

It is best to find a payment option that will get you paid out quickly and charge you minimal fees.

How much can you cash out at an online casino?

This will depend on which online casino and payment method you use. Some will have minimum and maximum limits, such as C$10 – C$10,000.

Do I need to pay tax on online casino winnings?

No, in Canada you do not need to pay taxes on your online casino winnings as a casual gambler. This applies to all forms of online gambling such as betting on sports, casino games and lotteries.

However, if you are a professional gambler making a living off betting and winning big money regularly, then you will need to file for taxes.