The peculiar thing about the gambling industry in Canada is that the government has a strict attitude towards online casinos and their performance; that is why a Canadian citizen can not be the only owner of online casino sites. According to the online gambling laws in Canada, the government has to at least partly possess online casinos. Such rules of online gambling in Canada could make the players be much limited in their choice; however, this does not work this way and things get much more pleasant if we drive the question deeper.
Offshore casinos for Canadian players: is it allowed to play on worldwide sites?
The criminal code determines online gambling in Canada legal in certain provinces of the country. There are regions that can only participate in the online lottery; however, the records show that no casual player was ever fined or punished for using a gambling online platform. This rule is applied to all online casinos in Canada as well as the offshore companies, that are approved by the special organization called the Kahnawake Gaming Commission in British Columbia.
The best online casino sites around the world with headquarters in the United States of America, Australia, Europe, and the United Kingdom are also allowed for gambling in Canada. This means that any liable casino site with necessary licenses is legal in Canada and no law can persecute a Canadian, gambling with the use of the online gaming platform owned by the developers of the other countries.
This expands the variety of choices and more opportunities to find the best gambling site to play in Canada. The main requirement is that the gambling sites have to be included in the list of trusted sites published on the official page of the main gambling commission.
Are online gambling winnings taxable in Canada?
All prizes that Canadian players receive from sports betting and gambling sites of Canada are not subject to taxation. Canadian online casinos laws do not consider the winnings from gambling sites in Canada, as well as the land based casinos as the working income as most users of Canadian casinos, do not make a living from gambling, and the money they withdrawal from Canadian online gambling sites figure up no more than 5-10 percent of the working income.
Although the vast majority of Canadian gamblers are not forced to pay taxes from their gainings they get in a Canadian online casino or a sports betting site, there are some departures from these rules, applied in several certain cases.
Who has to pay taxes from the winnings on online casinos?
First of all, the taxes are laid on the owners of casinos, who gamble themselves. Thus, if you have a gambling site and you, say, make wagers on the sports betting section of it, your profit will be subject to taxation no matter how much you have managed to win.
Another exclusion of taxation terms for Canadian gambling is the players who are regarded as professional gamblers. This means they make a living from the online gambling sites and their winnings turn out to be either a major part of their total earning or the only source of income. If the Tax Office of Canada turns their attention to a gambler, the first thing they do is check their official job position; if there is no any, their gambling site winnings will consider illegal unless the taxes are paid. According to statistics, taxes are mostly paid by the visitors of the poker rooms in the online gambling sites, because professional gambling is mostly concentrated on poker due to the need for skills besides random luck, like, for example, in slots. However, the rules are applicable to players of all existing casino games, no matter which factors allow them to live by the aid of the gambling prizes.
The amount of taxes are determined by the policies of each province separately so payments from casinos may be different in, for instance, Montreal and Quebec.
What is the best casino in Canada online?
Before you make an input of the real money for online casino games, it is important to choose the platform where you can play safe and secure; game variety, banking methods, casino bonus, and payout speed also matter. Players all around Canada choose Canadian casinos as well as the international ones, working under different licenses with the approval of the Canadian online casino committee. Below is the list of the top rated casinos online you can use in Canada; this rating of casinos counts the convenience of the payment options, the total users’ experience from the design and transparency point of view; liability, and choice of casino games you can play.
Jackpot City Casino
Jackpot City Casino is one of the most popular online casinos in Canada. It is usually named the best real money casino for the payouts and welcome bonus offered to all newly registered users.
To start with, the Jackpot City Casino is fully legit according to the gambling regulations of Canada and licensed by the Malta Gaming Authority. This means that this online casino site is reliable as Malta Commission has to make sure that the casino is working in a safe way and encrypts the data of the users, including banking information, before giving out their license.
Jackpot City Casino features a wide range of slots — almost 500 titles with newly added games regularly. There are also about 70 table card games, blackjack games, and poker rooms with the live dealer option. The selection of games includes approximately 40 blackjack versions, so your opportunities to play are enormous. Live dealers are also available for baccarat, roulette, dream catcher — in the special live section of the Jackpot City Casino site. There are at least three versions of each game in Jackpot City Online Casino. All games are also available at the relevant mobile application, and this is also an additional point to Jackpot City as the best online casino.
Before you play, mind the casino deposit bonuses, offered for the new players: you can get a bonus of up to $1900; it can be used mainly for the slots, but partly for poker and blackjack. You are required to claim the bonus no later than seven days after you receive it. The wagering requirement is 50X; it may sound too much, however, all slots are compatible with the bonus and the turnover of the bonus is made with the bonus funds only, no real money is included.
The additional features of the Jackpot City Casino are customer support, working in three ways: email, telephone, live chat. Customer support is available in three English, Chinese, and several European languages. Telephone and live chat are available 24/7, while it takes the customer support up to 2 days to reply to the emails.
The best payment method for the Canadian players is e wallets, and Jackpot City provides a great variety of e wallets as well as bank cards among the payment options. About 20 payment methods can be used, and, which is the best perk of this company among the other casinos, is the payout speed with the maximum withdrawal period of 48 hours, thanks to eCOGRA cooperation. The minimum deposit you have to send to start using all features of the Jackpot City is only 10 USD for all casino games.
Dream Vegas Online Casino
Dream Vegas online casino is famous for the selection of gambling options. They give 120 free spins for the new customers as well as the first deposit bonus of up to $1200. All ratings of the best Canadian casinos for gambling online give 4.5-5 stars to Dream Vegas Online Casino.
Their welcome bonus is decent in comparison to most online casinos available in Canada: 100% deposit bonus up to $400 and 50 free spins is given after you sign up and go through the verification process. If you play regularly, you can consider the VIP program of Dream Vegas which gives you extra bonuses and promotional offers.
Dream Vegas gathered high-end products from about 40 software provider, so there will be no problem to find anything on your taste.
It would be strange to include this company in the rating of the best online casinos if they did not have a good choice of convenient payment options. They include not so much offers in their banking terms and conditions, but still use as credit and debit cards and popular e wallets like Skrill and Neteller for deposits and withdrawals.
This popular online casino is also included in the rating due to the wide selection of casino games online as well as sportsbooks with decent odds offers. The casino game variety includes live dealer table games you can play from your computer or any compatible mobile device and different types of roulette, blackjack, baccarat with the help of the modern Microgaming provider, which is regarded as one of the most high-quality companies on the professional market. There is hardly a site among all variety of the online casinos that can be proud of such a number of titles on one platform.
To use casino bonuses and play, Betway gives you the choice of payment methods; the payment method with e wallets is the most convenient for Canadian players, as well as the other customers, as its withdrawal time can reach up to several hours; the other payment options, like the wire transfers or credit and debit cards, require about 5 working days to be processed with.
Besides the convenient payment options and game variety, users get the best Canadian online poker rooms for which they can use the first deposit bonus of up to $1000. You can also play slots with this bonus, and, in addition, if you join the VIP program, you have more promotions and gifts from BetWay.
Can you really win money playing slots online?
Generally speaking, winning money with slots is possible. However, even the most advertised and top rated slots offered by the gambling sites in Canada and other countries, no matter what the title is, can not give you a 100% guarantee you will win. The only thing you can control playing slots is the budget you deposit and how many free spins you have left on your hands. The other factors are quite random and can not be obvious for the casual players.
It is known that slot games — the online and offline machines, too — work under a certain algorithm, that is embedded by the developers. Some experienced gamblers claim they can unriddle the methods used for certain slots, including progressive jackpots; however, most of them are being economical with the truth, saying this. You can find some sequence that can help and the advice to check when the last jackpot was won on the exact slot is reasonable but you should not rely on this too much.
If we visit discussion threads on the online gaming sites and gambling forums that you can easily find on the web, the users claim that slot machines are the sort of gambling where you mostly waste real money online, instead of earning them. You can gain a fortune if luck is on your side, however, if slot machines are your main focus, don’t expect them to make you wealthy. Online gambling with slot machines is more about entertainment than winnings because no skills can be applied to raise the chances of winning any prize.
If you enjoy slots and you are ready to make real money deposits aimed at video slots, then pay your attention to the free spins given by the best Canadian online casinos. The welcome bonus or some promotions may help you to get more cash out in the end, so do not miss the specials that the sites offer.
It is essential to stop when you play any game, especially, online slots and notice that you spend more money than you can actually afford or was intended to spend before. If you have earned at least some amount that can cover your expenses, it is advised to take a break for some time and do not use slot machines earlier than several days later. Finally, before registering at any gambling site and make real money transactions, make sure the platform works legally and is certified according to all requirements and no scam has ever been noticed around the company that owns the chosen online casino.
To sum up
There are certainly more casinos to play in Canada; the list of decent casinos is enormous and new gambling sites appear every several months, luring the new customers with the generous offers; the above three are the best according to the choice of many sophisticated gamblers. The online gambling laws of Canada let you play in casinos from all over the world, so take your time to choose the best one for your ultimate gambling experience. If you are willing to earn and receive a high income, be ready to improve your gaming skills, avoiding the games based on randomizers and, in addition, do not forget that there is a possibility that you will be obliged to pay some percent of your winning as a tax, in case you are the resident of Canada.
Be aware of scam companies and follow the instructions and tips of the local authorities in order to be protected from any fraudulent actions from the side of casinos or other members when you play online or try to receive your winnings. It is essential to play responsible and do not hesitate to contact the local help center in case you feel that you start to experience a gambling problem, which can express itself in the gaming addiction, constant lack of money as they are spent on casinos, aggressive mood or depressive state of mind. Canadian authorities do their best to monitor such issues and give all necessary treatment to people stuck into a ludomania; however, the main responsibility is laid on a player themselves.