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Online casinos in Canada: The basics

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Canadian lawmakers have a long history of trying to protect their citizens from fraud without limiting their opportunities to engage in fair gambling. Honest businesses that strive to provide a positive gambling experience benefit from a well-regulated environment because it helps them foster a good image.

On the other hand, too many restrictions can suffocate innovation, and with that in mind, Canadian gambling laws are focused on establishing what the outcomes from gambling activities should be, not so much the exact ways through which to achieve those outcomes. Thus, businesses are free to be creative and come up with a variety of fun games that are also fair for the player.

Online casinos in Canada
Online casinos in Canada

As a result, Canada has become a great place to open or visit a casino. The same goes for new online casinos operating in Canada which saw a great rise in popularity due to the pandemic crisis. In order to obtain a license for offering online gambling, a site available in Canada is required by law to make the casino games completely fair.

Gamblers themselves should also play without trying to cheat, and if they win, they need to pay taxes, the amount of which varies based on whether the primary residence of the winner is Canada, whether they are a professional poker player or not, and what are the specific tax codes for the province where the casino is located.

In addition to locally based casinos, Canadians can opt for gambling on international online casinos. There is no legislation aiming to prevent that, so businesses that run international sites for gambling target Canadians. In addition, recent studies reveal that most Canadians regularly engage in some form of gambling, and that has to do with the nation’s overall positive attitude towards it.

Historically, Canadians have been gambling for recreation since the times of the first settlers in the land. It has always been important to Canadian culture to preserve the freedom to gamble for the people. Ultimately, it’s the player’s choice, if they want to do it or not, so the responsibility falls on each citizen, as long as the games are fair, and no one is trying to rig them.

Though gambling was never prohibited in Canada, the government has introduced legislation to regulate it multiple times, starting in the late 19th century. By the end of the 1960s, however, it was established that each Canadian province should have the final say in how gambling should be regulated there.

Overall, the spirit of the gambling law in Canada respects a citizen’s freedom to choose what games they want to play. The player makes all the decisions, and they could quit and withdraw their funds at any given moment. Since provincial governments are open to online gaming, online casinos based in Canada typically offer many options for depositing or withdrawing funds.

In addition, most online casinos doing business in Canada offer transactions in C$, eliminating the need to convert currencies. That makes it easier for players to deposit and withdraw funds in the same currency they use in everyday life. Also, they can be calm that their money is safe because Canadian online casinos are subjected to audits and oversight by specialized organizations.

Consumers are protected from fraud in the sense that they will not be lied to. However, it is each person’s responsibility to make sure they learn the rules of each game they enter. As with all kinds of gaming in general, it is ultimately the player’s knowledge, skill and luck that decide the outcome of the game. Gambling in a safe environment doesn’t mean that it offers no ways to lose money.

But as long as the game is fair, there should be ways to win money as well, and that is what gambling regulation is all about. If you choose to gamble in an online casino licensed to operate in Canada, you will receive entertainment that you will either pay for or be paid for, depending on which game you choose, how you play, and your luck.

There are many types of online casino games to choose from, and the most popular type are the slots. The reason for their popularity is that playing them is rather simple, and their Return to Player, or RTP, is generally very high. When a game has a high RTP, that means, if you were to play that game for a very long time, you’d get almost all your money back as payout.

The best slots to play have RTP of between 97 and 99%. There is a variety of such slots available to Canadians. For example, Mega Joker is a slot with an RTP of up to 99%, where you regulate your bet between 1 and 10 coins and choosing max stake boosts potential payouts and allows the activation of a supermeter mode, which is where you get that fantastic RTP of 99%.

Another slot that can give players back 99% of their money is Monopoly Big Event, based on Hasbro’s Monopoly.  – one of the most popular board games. In that game, your goal is to acquire properties. To get that RTP of 99%, you need to trigger a Big Event – and for that you need to land a special symbol on reels 1, 3 and 5.

Also a lot of fun, 1429 Uncharted Seas is a slot game that offers an RTP of 98.6%. It features expanding Wilds and Free Spins that can boost your payout. The Wild symbol is the ship, and if it lands on one of the three middle reels, it turns into an expanding Wild that increases your chances to score a big prize.

There are many other great online casino games Canadians can choose from but talking about them isn’t the same as playing them. The proof is in the pudding, as they say. One needs to get in on the action and see how they find the experience. Different people have different ideas of fun, and for that reason there is such a great variety of options to choose from.

Source: https://www.casinos-canada-online.com/

Other articles from mtltimes.ca – totimes.ca – otttimes.ca

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