With the rise of interest in cryptocurrencies worldwide, the interest in gambling for crypto also increases. Even in such traditional countries like Canada, the advent of crypto-based casinos is detected. Several Bitcoin casinos in Canada make gambling sites using cryptocurrencies possible.
We decided to enclose this fact in this article. What is a real-money Bitcoin casino in Canada and what benefits or drawbacks does this niche have? We will go deeper into the matter of the Canadian gaming industry by highlighting all the features of the best Bitcoin casinos online in this country and the options these sites offer to players.
Online Bitcoin Casino in Canada: Advantages and Disadvantages
The first thing to comprehend: Bitcoin online casino working on the Internet in Canada does exist. A lion’s share of official gaming halls today accept cryptocurrencies and most of them allow using Bitcoins.
Advantages of a Bitcoin Casino in Canada
Their main pros are the following:
- They are legal and provide players with all kinds of games & slots.
- They provide anonymity, which is crucial for most gamblers.
- In a Bitcoin casino in Canada, winnings have no obligatory tax fees. The government provides a loyal policy for gamblers who play just for fun. If your winnings are not a source of income, you do not pay taxes for them.
- The license each local casino has provides the safety of playing.
- All the payments in Bitcoins in these gaming halls are safe and transparent.
Disadvantages of a Bitcoin Casino in Canada
As for the cons, there are quite few of them:
- In different provinces, the age restrictions vary, which sometimes makes players confused. It is better to clarify in what province the casino you are going to play is registered in advance not to be banned for your young age.
- If you are a professional gambler, you will be obliged to pay taxes for your winnings.
Is Online Bitcoin Gambling Legal in Canada?
Canada is famous for its flexible law policy when it comes to online entertainments. Although up to 1900, games of chance were mostly prohibited there, the last 120 years showed the interest of the Canadian government in them as a way of entertainment.
Each Canadian province has its own rules for Internet gambling. There are legal poker rooms to play in and bitcoin casinos in this country. The difference exists in the age of gamblers as in some areas, it is allowed to play games of chance for players older than 19 while in others, age restrictions refer to players under 21. Besides, local gaming establishments should have a license provided by a Canadian e-gaming authority. Yet, you are not limited by local gaming halls only, and playing in online casinos based in other countries is not banned.
What Types of Games Are Available at Online Bitcoin Casinos in Canada?
Bitcoin casino games for cash are available in all their diversity there. As usual, Canadian bitcoin casinos work with reliable game providers. The only restriction you may face is the absence of games containing explicit content. Gamers are welcome to enjoy both standard casino games and crypto rates betting that becomes popular today. In most casinos, you can play for real money making bets in cash, and try your luck in demo versions that do not require real money bets.
Online casinos accepting Bitcoins are popular in Canada. You can easily enjoy playing them if you are a resident of that country.