What You Need to Know About Online Casinos in Canada

What You Need to Know About Online Casinos in Canada

Before playing in any online casino, it is important to do some research on general online gaming in your jurisdiction. If you are looking forward to playing in any online casino in Canada, our expert Michelle Thomas suggests that it is important to understand the following about Canadian casinos:

Online Gambling Legality

The first question that should always come to your mind whenever you want to play in an online casino is, are online casinos legal in the specific jurisdiction? In Canada's case, online gambling has not been mentioned in any gambling laws, implying that it is not illegal for online casinos to operate. The Canadian Gambling Laws date back to the 1900s. This was long before the inception of online gaming. 

Since nothing is stated about online casinos, clients can freely play in the online casinos without breaking any law. This, however, is a disadvantage for online best casino investors. Since online gambling is not mentioned in any law, the Canadian government can't regulate or give licenses to online casinos. 

This is why most of the Canadian online casinos are based offshore in popular countries like the US, Britain, Curacao, and Malta. The Kahnawake Gaming Commission, however, regulates few operators in Canada. The good news is that canadian casinos online reviews the best platforms to ensure that Canadian players have an easy time. 

Are Online Gamblers Taxed in Canada? 

You should also take into consideration the amount of tax that the government takes from gamblers in the online casinos in Canada. However, the beauty of playing in Canadian online casinos is that there are no taxes on online gamblers. This means that in the event of winning money from an online casino in Canada, you will receive your full amount that is untaxed. 

For instance, one of the biggest wins in the history of progressive slots is a C$7.5 Million win on the Mega Moolah progressive jackpot in 2015. The inexperienced man walked away with the full amount being untaxed.

Games Offered on Online Casinos in Canada

It is important to understand the type of games offered on online casinos in Canada. This is because your favorite game may not be on the list of games offered on an online Canadian casino. For instance, in the US, games offered in different states may differ. In Nevada and California, for instance, poker is available in all online casinos; however, you cannot play slots or roulette.

The good thing about playing in a casino online Canada is that you can play any game provided it is offered by the online casino. This is because online casinos operate through a license that controls the types of games offered by the online casinos. It is now your responsibility to choose the type of slot or table game you want to play.

It is also important that you choose casinos with trusted software providers like Microgaming, NetEnt, Evolution Gaming, and Play'n GO. It is also easy to know the nature of your online casino by reading reviews from trusted online casino review websites. 

Bonuses and Promotional Offers

Most of the online casinos in Canada have amazing bonuses and promotional offers for their players. Most online casinos will normally offer free spins on your choice of slot once you create an account with the platform. Others will match your initial deposit to 100% such that if you deposit $500, you receive an extra $500. Bonuses are excellent tools for making money. This, however, does not mean that you should take part in any bonus blindly. You must read the terms and conditions of the bonus or promotional offer. It is always important that you check on the following before taking part in any bonus

  • Wagering requirements
  • Bonus Amount
  • Validity Period
  • Casino's reputation

Banking Options

It is important to understand both deposits and withdrawal methods for online casinos in Canada. Accepted deposit methods in online Canadian casinos include MasterCard, Visa, Skrill, Paypal, iDebit, Qiwi, and PaySafe.

The minimum deposit in most Canadian online casinos is $10. Deposit fees do not apply in most deposit methods in Canadian online casinos. Withdrawals, on the other hand, mostly incur transactional fees. There is also a time factor between when you request a withdrawal and when you receive the money.

Having this basic knowledge in online casinos in Canada will go a long way in helping you become a good gambler in Canada.

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