I Am Canadian, Can I Play for Real Money at Online Casinos?
- We’ve picked the best real money casinos for you to enjoy.
Playing real-money online games is not only possible, it is also legal in Canada. That’s why there’s no shortage of Canada-friendly real money casinos and casino games. You can play online in Canadian dollars and instantly start winning real money. All you have to do is find an online casino that best suits your needs.
There’s a fierce competition in the ocean of online casinos today. For us, players, this is only good news. Online casinos use huge amounts of money to lure new customers to their sites. All that means excellent welcome deposit bonuses with free plays, valuable promotions, free spins offers and pretty much everything you can think of. However, it might be complicated and confusing at times because there’s all sorts of online casinos to choose from. That’s where we come into the picture.
We try to make things as easy as possible for Canadian readers and online casino enthusiasts. Our experts analyze a vast number of real money online casinos with all kinds of real money bonuses. And we only pick best of them to recommend at our site.
You can choose an online casino that best suits your style from our site by knowing you´ll be playing at one of the best gaming destinations out there.
Are Real Money Casinos a Scam?
No. They are for real and your money’s safe. We only recommend licensed and regulated casinos that have a proven track record of paying out even the biggest winners quickly. These recommended casinos are big companies valued in hundreds of millions or even billions. And they have been operating for 10+ years; they’re not some scammers bedroom-corner operation.
That said, finding a trustworthy casino is all about reading reviews from both customers and critics. The easiest way to avoid falling prey to these rogue operators is to read our reviews here at Realmoney.ca before making any deposits.
Real money casinos have defining features that make them trustworthy to the public. Before registering to an online casino, there are a few qualities a new player should look out for. First, the casino’s customer service department should be easily accessible. And better yet, available around the clock. A working and efficient customer service is a sign of a trustworthy casino.
The other feature that makes or breaks a casino are the banking methods that the casino offers. A casino should have more than a few secure banking methods that players trust. This makes a player feel safe since playing at casinos require deposits and withdrawals.
Another feature of real money casinos is the software developers they use. Big names like Microgaming, and Quickspin are always a good sign. This is one of the easiest ways to spot a working and trustworthy casino. These companies will only partner with casinos that have been verified and certified. All our recommended casinos have gone through this verification
What Casino Games Can I Play For Real Money?
- You can play the extensive collection of online slots.
- There are many version of different table games like real money blackjack and online roulette.
You can play slot machines, video poker and all the classic games like roulette, blackjack, and baccarat. Mention that all these games are available in multiple versions at our recommended real money casinos. And you can for sure get a bet in at a casino like LeoVegas.
Slots are some of the most popular online casino games. Different casinos have different slots from various software developers. Some popular names when it comes to video slots include Mega Moolah, Thunderstruck II and Cash Splash, which you’ll find at Spin Palace. Or you might recognize some branded ones like Tomb Raider, Jurassic Park, and the Incredible Hulk. Depending on the offers available, the slots might be the best way to try to make some real money online.
The slots come with different bonus features like free spins and bonus symbols. These are not only aimed at generating a players interest, but also at increasing the return to player percentage in a bid to promote fair play. Should you want to break the monotony of slots, there are many table games available to play at our recommended real money casinos. Different versions of blackjack like Classic Blackjack and Spanish 21 are available. Others include baccarat, roulette, craps and even different versions of real money bingo. Bingo casinos are hard to come by, but you can get good bingo action at bgo casino
How About Bonuses and Promotions?
As said earlier, fierce competition between online casinos forces them to use millions of dollars to attract new players to the site. And make sure that already existing ones are not leaving. That means generous welcome bonuses and other lucrative incentives for new players, as well as valuable promotions and VIP schemes for loyal customers. For us, real money casino gamers, this is a very nice situation to be in since we can pick the cherries from the cake by selecting those casinos that offer best bonuses and promotions. You can read more about the bonuses at our real money casino bonuses section of the site.
Banking: How To Deposit And Withdraw
To play for real money at our recommended Real money casinos, you, of course, need to get money in and out of the casino. Online casinos of today have made this very easy since they´ve got basically all the banking methods covered. You can use credit or debit cards, such as Visa and Mastercard, e-Wallets like Neteller or ecoPAYZ, eCheck or more traditional bank transfer. Most of these deposit methods are instant, so you´re always only a couple of minutes away from the real money bonuses and gaming.
Convenience and safety should be a player’s primary concerns when it comes to withdrawal and banking methods. Reputable casinos always partner up with trustworthy banking service providers. And then it’s up to you to make a choice between methods. The casinos we have rated also allow deposits and withdrawals in Canadian dollars. So the hustle of conversion is eliminated entirely.
When you want to withdraw your winnings, it’s common to have to use the same method the initial deposit was made. Before your first deposit, you might be asked to verify your account, meaning that you have to prove your identity. Copy of your ID and some other documents, such as credit card statement for the card used in the initial deposit do the trick. This simple process shouldn´t take more than a couple of minutes of your time, especially if you upload the documents via casino´s website.
This is all a standard procedure, as the online casinos need to abide by their licensing country’s law. They need to do KYC (know your customer) process and adhere to AML (anti-money laundering) guidelines to keep the business legitimate. And we’re all for trust and transparency – that’s the best way to keep your money safe.
The rising popularity of Bitcoin has also brought that deposit option to players. Some online casinos, such as BitStarz, offer Bitcoin alongside regular currencies. And they also provide those same valuable welcome bonuses and other benefits for players choosing Bitcoin as their preferred currency.
Bitcoin deposits are also made very easy for customers. Once you´ve selected Bitcoin as your preferred currency, there will be a list of Bitcoin wallets where you can choose yours. Then login to your own Bitcoin wallet, fill in your unique depositing address given by your casino and make a deposit. You’ll see a definite balance immediately. Then just head into the exciting world of online casino gaming.
How Is Winning Taxed in Canada?
Do real money casinos wins get taxed? To correctly answer this question, it would be essential to understanding what the income tax considers as a ‘Prize.’ Canadian law states that only income from employment, office, property, and businesses is taxable. For example, the income from a Nobel Prize winner would not be taxed while that of an Olympic athlete in a competition is.
Gambling is not considered a business, and in this sense, you will not be taxed. You keep all your money unless you’re considered a professional gambler. And you’re not considered one, so no worries. There is a twist to the story, however.
Real money casinos can offer large payouts that will have the tax man very worried. Take poker for example. Poker winnings are taxed if they are considered as “income from a business.” The funny thing is that the Income Tax Act does define when this happens. There is little to no case law to clarify the ambiguity and shortcoming of this fact.
This means that you can play and win even millions without getting taxed. There are dozens of casino games that can get you these type of wins, and when you do win, don’t fear to find your money taxed! It most probably won’t!
Frequently Asked Questions
How do I Become a Professional Gambler?
To become a seasoned professional, you have to practice a lot! You can count on your luck on games like Roulette that do not have proven and working strategies. Or learn techniques and tricks to beat games that require a certain level of mastery to hit. All in all, it trickles down to practice.
What Are The Different Types Of Banking Methods?
Withdrawal and deposit methods vary from casino to casino. That said, however, there are a couple of ordinary means used. For example, Visa and MasterCard branded credit, and debit cards are universally accepted. The others include a wide array of e-wallets that all depend on the player’s preference and convenience.
Do My Winnings Get Taxed?
The simple answer is no. Your winnings are yours to keep without fear of the taxman! There are no clear laws that state whether or not a gambler should be taxed. This means that you can play and win as much as you want without any fear of the government coming for your money.