In the last two years, online casinos have massively grown in popularity. The COVID-19 pandemic had a lot to do with it. Land-based casinos were under a lockdown, and people were stuck in their homes without any major sources of entertainment. Online casinos were already known as a safe option for gamblers who liked playing at home. You can access thousands of games in different categories: slots, card and dice games, and even live dealer broadcasts.
If you’re new to online gambling, you might wonder: how does it work in Canada? Is it legal? Do you have to pay tax on your winnings? Let’s answer those questions and mention a few other things that a gambler must know about Canadian online casinos.
5 Facts about Online Casinos in Canada
1. Online Gambling Is Safe and Legit
Canada Infolink published interesting data: at least 19.3 million Canadians regularly engage in gambling. Online casinos enable all these gamblers to enjoy their favorite games from any device.
The First Nations Gaming Act, which gained the status of a law in 1995, enables aboriginal tribes and communities to found and manage gambling institutions. This right is extended to online gambling.
The Canadian criminal code also goes in favor of online gaming. It does prohibit gambling at an establishment that’s not licensed or owned by a provincial government. However, it doesn’t explicitly prohibit online gambling, and it doesn’t state any consequences for the player.
PlayNow.com is the first 100% legal Canadian casino. It’s owned and operated by the British Columbia Lottery Corporation. Keep in mind that you can also safely access offshore sites, as well as those licensed by the Kahnawake Gaming Commission.
2. There’s No Need to Pay Tax on Your Winnings
The laws don’t require Canadians to declare their winnings from any recreational casino or bingo games. Only full-time and professional gamblers, who gamble to make a living, pay income tax. If you don’t play professionally, you don’t need to worry about taxes.
3. You Can Get Great Bonuses in Online Casinos
The online gambling industry is extremely competitive. New casinos have to compete with well-established brands. Reputable casinos, on the other hand, have to offer something special to prevent their users from turning to competitors. That results in great bonus programs, which multiply the player’s deposit. For example, you can deposit 5 get free spins on the most popular slots. Many casinos will also match the payment with free credits, which you can use on any game across the website.
Before you agree to receive any bonus, you should get informed about its terms and conditions. Many players are not aware of playthrough requirements. The best online casinos transparently feature their terms; you only need to read them.
4. You Can Withdraw Real Money
Most gamblers, who stay true to the land-based casino experience, are suspicious about investing money in online play. They aren’t sure if the website would allow them to withdraw any potential winnings. You don’t need to worry about that! As long as you access a secure online casino that’s been licensed by a legit authority, you’ll get your money when you request them.
The most popular payment methods include Neteller, Skrill, MasterCard, Visa, and several others. You can also rely on a bank wire transfer.
5. The Danger of Gambling Addiction Is Real
With deposits as low as C$5, one would assume that online gambling doesn’t put you at high risk of losing money. It does. The minimum required deposit is low, but that doesn’t mean that all gamblers stay within those limits. Many choose to deposit more, and keep filling their balance as soon as they run out of credits. Young generations are especially prone to online gambling addiction.
If you feel like gambling is becoming something more than a recreational activity and it’s getting out of control, you can turn to the resources provided by Problem Gambling Canada.
Get Informed Before Gambling Online!
Online casinos are extremely convenient and fun. They offer plenty of games that mimic the real casino experience. Players get a decent chance to win, as all games are programmed to be 100% fair. There’s a huge selection of websites that offer different bonuses, so take your time to do some research before choosing one.
Keep in mind that online gambling can become very addictive. It’s best to set a maximum weekly budget and stay within those limits! The golden rule of gambling is simple: never bet more than you can afford to lose.
BIO: Mila Roy is a journalist and Content Strategist at Gamblizard. The online gambling industry is her main interest, and she always stays updated with the latest developments. Mila writes in-depth analyses and reviews of online casinos and gambling games.
A beginners guide to the Stanley Cup Playoffs
The Stanley Cup Playoffs are in full swing. After a couple of weeks of intence competition the round of 16 has turned into the round of 8. Now teams from across Canada and the US are competing to be among the last four teams standing in the hunt for the vaunted for thef weeks of much revered Stanley Cup. Here is all you need to know.
The Stanley Cup Playoffs
After an 82 game schedule, half of the teams in the NHL are finished for the year. The top 8 teams in each division go on to the playoffs and win the right to compete for one of the most famous trophies in the world of sport. Of course we are speaking of the Stanley Cup. For newly interested people, the NHL playoffs are a novelty.
This may be the only sport where the regular season and the playoffs are almost like two entirely separate worlds. Teams play the entire season for the right to get to the playoffs and once there, to win home ice advantage. Although the teams that dominated the regular season win the advantage, it’s not uncommon for the teams who barely made it to the playoffs to knock them off in the first round. There truly is another mode of play that must be learned by players and teams who’ve not been there before. The NHL playoffs are such a physical grind, that all too often, the teams expending too much energy in the regular season can’t carry their momentum through to the Stanley Cup.
By the way, here you can check out the best casino bonus canada 2022, which also revolves around the upcoming Stanley Cup.
What are the “Stanly Cup Playoffs”?
The term playoff (also play-off) refers to an elimination match in various sports, such as hockey. As a rule, this determines a championship. The playoff games follow the regular season and are played according to the knockout system – the losing team is eliminated. Tony Sloterman, founder of Casino Bonuses Finder, for example, is a massive fan of the playoffs. After all, they show in advance which teams have what it takes to be potential winners of the Stanley Cup, he says.
Ice hockey playoffs in the National Hockey League (NHL)
The knockout system after the main round has been taking place in the NHL for over a century! In 1917, the year the National Hockey League was founded, there were two finals; a year later, the world’s oldest professional hockey league began to play the “best of seven” series.
Today, the NHL playoffs are still played in “best of seven” mode. The teams’ matchups are based on the final standings of the regular season. A key difference from some other professional playoff formats is that in the NHL playoffs, teams are paired initially played by conference. To explain: NHL teams are divided into the Eastern Conference or Western Conference, depending on their regional origins. These in turn split into two divisions. Therefore it’s not the top overall team playing the 16th team, but the top team in the conference facing off against the 8th place team in that conference. Still, that never guarantees victory!
Participation in the NHL playoffs
The participation in the NHL playoffs goes as follows:
● The three teams with the best points per division (2 divisions per conference) and
● The other two best teams in the conference which have not already qualified by virtue of their position in the division (wildcards).
So per conference, the above teams qualify for the playoff series. This is played within each conference with quarterfinals, semifinals and finals. The two winners of the conference playoffs compete against each other in the Stanley Cup Final.
The Stanley Cup is the traditional trophy that the playoff winners receive.
Hotly coveted: The Stanley Cup
The Stanley Cup is considered the most important ice hockey trophy in the world, awarded annually to the winner of the NHL playoffs. Colloquially, the cup is also called The Cup, The Holy Grail or Lord Stanley’s Mug.
A special feature is that the winners are immortalized on the Cup: the names of all players are engraved on it. In this way, the formerly quite handy cup has grown more and more in length over time.
The Stanley Cup and the trophy associated with it is the biggest event held in ice hockey worldwide. The most diverse and talented teams compete against each other from April onwards to virtually kick each other out in the conference. The advantage for fans is that there are many games to watch. We are very excited to see which team will qualify for the playoffs and win the Stanley Cup in the end.
Popularity of Online Sportbooks In 2022
Sportsbooks have never been as popular as they are in 2022. Today, they host all sorts of games, including basketball, cycling, baseball, and football. The leading sportsbooks in the industry are licensed, legal, and safe.
In Canada, the sports betting landscape is going through dramatic changes. Luckily, they are all for the better. You are no longer limited to parlay-style games. Following the launch of Ontario online sportsbooks, a big part of the population has been taking advantage of the available choices.
Why Are Online Sportsbooks Are So Popular?
Online sportsbooks have come a long way over the last few decades. Online betting has turned into a multi-billion-dollar industry, and plenty of companies are quickly joining in.
With the increasing number of online gambling fans, operators have no choice but to keep up. Here are a few reasons why online sportsbooks are becoming so popular.
Online sportsbooks are very convenient. You can play for hours in front of your computer or with your smartphone. The ability to place all the bets you want without leaving your home is unmatched. You can take breaks whenever you
want, and there are no limits to the hours you can play.
You don’t need to travel all the way to a casino or deal with long queues every time you want to place a bet. Online sportsbooks allow you to bet on your tablet, mobile phone, or computer.
2. Variety of Betting Markets
Online sportsbooks bring you a variety of betting markets. The best Canadian sportsbook online has markets for just about every sport in the world, from the Major Leagues to upcoming sports like MMA, and eSports. The variety that online bookmakers offer can dwarf the options at offline platforms significantly. You will enjoy player and team propositions, live betting markets, and a variety of futures. If you are only interested in wagers and parlays, online betting makes more sense than visiting land-based casinos.
What’s more, you can bet on a wide range of sports, from basketball and football to tennis and eSports. This means you’re not limited to Canada-based sports. You can gamble on games from major leagues all over the world.
3. New Players Feel Welcome
Online sportsbooks use welcome bonuses and promotions to make new players feel welcome. Their non-personal nature makes them feel less intimidating. Anyone can place bets and make profits regardless of their experience. Land-based casinos can be intimidating, especially for new players. You are unlikely to enjoy welcome bonuses or the level of support that online casinos offer.
If you are curious about ways to bet on your favorite sport, you can get help from customer care representatives, live webchats, and other support forums. Some sites may offer free-to-play trials for new players. These trials will get you acquainted with the game before investing your money.
4. Line Shopping
Even the most fantastic handicappers come second to those who continually shop for lines. Line shopping could be helpful even when you have limited sports knowledge.
At its foundation, sportsbetting is mostly about math. There is no better way to take advantage of the math than with consistent line shopping. It is the best way to maximize possible winnings.
If you aren’t betting offline, you can’t take advantage of the odds across different providers. This could push you into losses. Line shopping is the surest way to improve your bottom line.
The lack of reduced juice options in land-based casinos is another important consideration. Plenty of sites offer reduced -105 pricing for most of their markets. Others offer reduced juice promotions. You are very unlikely to find reduced juice in offline casinos.
5. Post-Up Sportsbooks
Post-up sportsbooks make up the biggest number of online sportsbooks. These are the kinds of sportsbooks that demand that you deposit some money before placing a bet.
You are unlikely to find credit shops online. They are the types of sportsbooks that let players wager with a credit line. With credit shops, you can play without placing a deposit. You will pay your debt after a loss. Usually, the shops settle
Post-up sportsbooks have plenty of advantages over credit shops. The payouts are more straightforward, and you are unlikely to have trouble claiming your winnings. If you win big, you may have difficulty getting money from credit shops.
6. Bonuses and promotions
Bonuses are a critical aspect of online gambling. Online sportsbooks in 2022 are always coming up with bonuses to attract new customers. The bonuses attract new customers and improve the loyalty of existing ones.
Because of their high operational costs, land-based casinos cannot afford to be generous with their promotions. However, finding an online sportsbook that doesn’t offer VIP point programs and reload bonuses is almost impossible.
Most online sportsbooks have hundreds of dollars’ worth of free play bonuses. Go to different online sportsbooks and clear their bonuses. You can get thousands of dollars’ worth of free time with minimal effort.
The bonus opportunities are especially helpful if you are a new sports bettor looking to improve your bankroll. VIP programs and rewards are fantastic for loyal players. Some casinos have point systems that let you buy rewards from the
management or store. Qualifying players may be eligible for special bonuses.
7. Endless Variety
Even if you enjoy betting on a specific game, adding some variety to your betting experience wouldn’t hurt. Maybe you started betting on cricket and slowly found your way to basketball and football-it may be time to explore other games as
well. With land-based casinos, however, your options are limited.
Online sportsbooks open up an endless variety of betting options for you. The best thing about it is that they are all just a few taps on the screen away. Many online games come with special features that you wouldn’t enjoy at land-based
casinos. Your gambling experience will never be boring or predictable with the wide variety.
The online sports betting industry has come a long way in the recent past. The online betting world is taking the world by storm and has already grown into a multi-billion-dollar industry. Online sportsbooks are popular for their
convenience, massive variety of games, bonuses, promotions, and opportunities for line shopping.
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