Gaming has been one of Canada’s oldest forms of entertainment and still growing thanks to the increasing population and advanced technology.
An estimated more than seventy-six percent of adults in Canada engage in gambling representing 30 million people. These are people from completely different fields: marketers, painters, teachers, office workers, doctors, etc. The industry generates over CA$ 17 billion annually, with over a 4.9 percent increase every year. There are one hundred land-based casinos spread across the country, with some recording 30,000 visitors daily.
The advent of online casinos has contributed to increased revenues. They have added more options for the gamers and increased revenue streams for casino owners and the government.
The government has clear rules and regulations governing the brick-and-mortar casinos in Canada. However, like other online games, online gambling presents the authorities with regulation challenges. Checking and understanding the rules governing Canadian online casinos is paramount to avoid getting yourself on the wrong side of the law.
It’s also essential to understand the proper steps before playing online casinos to avoid incurring heavy losses. Based on the interaction with Conrad A. Brennan, the following are the guidelines for gambling online in Canada.
Familiarize with the Laws and Regulations
Online gambling is allowed in Canada, where every province has its own rules and regulations. It is, therefore, necessary to acquaint yourself with the specific rules in your region. There are specific gaming sites for particular regions available for players in these regions. Foreign online casinos based and operated in Canada are also available for playing. Make sure you understand the laws governing both the province-led and the foreign online casinos.
Compare and Choose
Selecting the new online casinos in Canada 2021 is challenging due to the enormous options available for selection. You can opt to play on one or more sites, but researching and comparing various providers will assist you in making an informed decision.
When selecting a provider, the factors to consider include their security features, banking options, customer service, licenses, and game selection. Bonuses and promotions are other areas requiring attention when choosing an online casino to determine if an online customer meets your goals.
Register an Account
After choosing your online casino, record and submit your registration details and open an account on the platform; the common details required are username, password, email address, date of birth, physical address, and phone number. The casinos require these details for verification purposes.
Deposit Money
You do not require any special equipment for gambling. The most important element in gambling is money or other valuables up for grabs. Canadian online casinos offer a range of payment options such as credit cards, debit cards, e-wallets, pre-paid cards, wire transfers, electronic bank transfers.
Select the payment option that guarantees maximum security. In recent times, the use of cryptocurrency such as Bitcoin in online casino payments has gained popularity. Bitcoin guarantees security, reduces transaction costs, offers speed and flexibility, and is transparent.
The time taken for the funds to hit your account depends on the mode of payment; E-wallets and cryptocurrencies are faster than bank transfers.
Click on the withdrawal tab to see the available options available. The online casino should offer your preferred withdrawal option. Check on the time taken to withdraw your wins.
Selecting the Game
Registering an account and depositing the funds allows you to choose your preferred game. The selection tab provides the list of games available for selection, such as blackjack, slots, video poker, or roulette genre. Each genre has its games. Click on the preferred game, let it load, and play.
Withdraw your Winnings
The process of withdrawing wins is generally simple and depends on the method of payment selected and the respective online casino. Click on the cashier section and compare the options provided. Always pay keen attention to the processing fees and time it takes to process the withdrawal.
Lastly, select your preferred withdrawal option. The minimum and maximum limits depend on the payment solution. Online casinos players are usually the target of fraud; therefore, always ensure the option selected is safe and secure to protect your sensitive information.
The high profits and turnovers are the reasons why most investors are exploring options on how to set up an online casino. Knowing the rules, choosing the appropriate online casino, picking the payment option, choosing the right game, and safely withdrawing your winnings are important for successful gaming.