Gambling with Crypto in Canada – Important Tips
Gambling enthusiasts in Canada can be sure that they can play with cryptocurrencies without problems. However, when looking at this topic, we should point out that there are several important factors and tips worth attention:
- The minimum age requirement is not 18.
Let’s have a look at these tips thoroughly.
18 is Not The Minimum Age Requirement
In the online casino industry, there are quite strict age restrictions: those people who are not yet of age, have no right to engage in any form of gambling in crypto casino Canada sites. When we talk about online casinos, it usually gives everyone the impression that there is no such rule or that it is very easy to break.
In Canada, there is a slight difference from other countries. Only a few states allow 18 year-olds to gamble, these are Alberta, Manitoba, and Quebec. In other states like British Columbia, New Brunswick, Labrador, Nova Scotia, and Newfoundland it’s 19. There is no information about whether you need to be 21 to start playing like in other countries.
For various games on money, the legal age is determined by a special jurisdiction under which online casinos were registered. Depending on it, the legal age in most cases is 18 years, but there are casinos in which the minimum age for the game can be twenty-one years. And at the same time, even having a great desire, players in Canadian BTC casinos cannot ignore or break the established rules for their purposes. If your age is below the threshold, then playing in a casino in this case is illegal. Different casinos take very different measures to prevent people under the age of majority to register on the site.
Under Canadian law, player winnings are not taxed unless they are a form of earnings. This is determined by 3 factors: the skills of a professional player, the regularity of payments, and the expectation of the following payments. That is if you do not play in the casino professionally, but only from time to time – you can receive your winnings in full without deductions to the budget.
Gambling revenue is not taxed in Canada, so you can gamble as much as you want and win as much as you want on Bitcoin gambling casino sites.
However, a crypto capital gain is taxed and it’s 50%. Over the years, the cryptography and blockchain industry has attracted a lot of interest from Canada, especially in 2017 and 2018, when the level of adoption of cryptocurrencies increased by 25%. Meanwhile, the authorities were trying to find a way to regulate and tax the industry. But, as the crypto industry develops, the same applies to Canadian tax rules, the government still begins to solve the tax problem.
Are Casino Bonuses Allowed in Canada?
Yes, it does allow bonuses, but there have been many cases where the casino did not support Canadians getting a bonus. This used to be associated with the local law, but it was mostly due to the casino not having enough clearance to offer these features. So it is required to check things in advance before you apply for a particular bonus.
What types of bonuses can I get in Bitcoin casinos? Like in many online casinos, Canadian bonuses are primarily oriented towards 3 categories: deposit bonus, no deposit bonus, and free spins. They have the same principle as you will see in traditional online casinos.
No Deposit Bonus
No deposit bonuses for registration are one of the most popular ways to attract new players to online casinos because they allow players to try out the essence of casinos, especially slot machines, and possibly win real money.
A no deposit bonus can often be made available as soon as you sign up because in most cases the only requirement is to register and after entering the promo code in some cases, you are free to go.
If you are an experienced player, you should know that a bonus without a deposit is a rare find. However, some Bitcoin online casino sites in Canada occasionally have this exclusive offer for new players, but they should be researched thoroughly.
Winnings with no deposit bonuses are always tied to the wagering requirement and can only be withdrawn after these requirements have been met.
Deposit bonuses in online Canadian Bitcoin casinos can be found more frequently. Unlike no deposit bonuses, this promotion is credited to a player once he or she deposits a certain amount of money after registration. Usually, online casinos give a 100% boost meaning that for example if you deposit 100$ on your account additional 100$ will be given to you. Some BTC casinos also offer deposit bonuses on subsequent replenishment of your account. But the percentage typically decreases.
It should be noted that the given bonus needs wagering. Online casinos have certain wagering requirements for players. In some cases, you should wager the given money 30 times – depending on particular Canadian online Bitcoin casinos. Therefore, reading instructions in advance is important so that you have a general understanding of the bonus.
Free Spins Bonus
Free spins allow you to play slots in online casinos without using your own money.
As a rule, free spins are given to certain slot games. As soon as you claim the bonus, the information about available games will be shown.
The winnings from free spins transform into bonus funds. Once the terms of the bonus are achieved, the bonus from free spins can be cashed out. Frequently, the bonus amount must be wagered at least 25 times. If the bonus has not been met within 30 days (and/or by the bonus terms), Free Spins will be declared void.
The rules for winning back bonuses received through Free Spins on the best Bitcoin casino sites in Canada vary from game to game. In table games, only 10% of the winnings in the bonus are counted; in Roulette, this win is not counted at all.
This is usually a part of the deposit or no deposit bonuses. Very rarely does a casino offer this separately.
Are There Mobile Crypto Casinos in Canada?
Yes, there is no law stating that mobile gambling is illegal in Canada. Therefore, crypto casinos oriented on mobile phones are completely legal. Using mobile Internet casinos, the users can no longer limit themselves to certain frames.
The desire to play some machine often arises spontaneously. This is not surprising: it all depends on luck. The advent of the casino on the phone has gained a foothold in recent years. You can play your favorite games anywhere. This is what makes Bitcoin mobile casino sites so popular in Canada.
Most Popular Gambling Games for Canadian Gamblers
Canadians are avid gamblers. They are fond of playing different types of games. If we take a look at crypto casinos in Canada, they have a huge selection of different games, and sometimes the choice is difficult. The 3 most popular types of casino gambling games in Canada are slots, progressive jackpots, and roulette.
Online slot machines have reached the peak of popularity and supplanted the rest of the gambling industry in Canada. Of course, it is no wonder that slots are very popular and attractive for Canadians. They choose slots for several reasons.
First of all, they can be played anywhere in the world. They are available around the clock without any restrictions. Slots are launched directly in the browser. You don’t need to download anything and install it on your computer.
Online crypto slots on the best BTC casinos in Canada don’t require a long time of mastering or learning complex rules. Winning combinations in them are formed from left to right. The value of symbols can always be recognized in the description of the machine.
Modern slot machines contain 1-3 special symbols. The wild symbol and scatter are responsible for a simple collection of winning combinations, and the multiplier increases the size of the winnings. Free spins save money because you don’t need to bet during their bet.
Lots of Canadians like playing on progressive jackpot slots and it is not a surprising fact as the chance of clinching a huge jackpot is alluring for everyone. Standard video slots differ from jackpot slots in that they can only win a strictly fixed amount, while the number of progressive jackpots is constantly growing. On the best cryptocurrency casinos in Canada in these slots, a small percentage of each bet goes into the total prize pool. This goes on until someone has hit the jackpot. Then the whole process repeats itself.
When playing slots with progressive jackpots, be aware of some of the main features of these games. First, the online casino always displays the size of the jackpot at the moment. Usually, it is seen in the game itself. There have been several cases of Canadians winning jackpots in progressive slots games.
There’s one real reason why Canadians love Roulette. It’s because of their French background as well. You know, french roulette? Well, the essence of French roulette is pretty similar to its other counterparts.
The rules of French roulette were formed a couple of centuries ago and during this time have not undergone significant changes. We can only say that Bitcoin gambling sites in Canada introduced a crypto version of the game. Still, the goal of the game is to guess the number from 0 to 36, which will fall on the roulette wheel. French roulette is considered to be the ancestor of European and American roulette. At the end of the 18th century, French roulette had 38 sectors (numbers 1 to 36 and two sectors with zero). This decrease in the advantage of casinos in the game (from 5.26 to 2.70 percent) did not adversely affect French roulette. On the contrary, the growing popularity of this game in Canadian online crypto casinos has flourished.