best real money casinos

Real Money Casinos in Canada

Are you looking for the best real money casinos in Canada? We've compiled the best fast withdrawal casino sites and all other worthwhile info you'll need in picking Canadian casinos for you. Real Money online casino Canada platforms are practically a dime-a-dozen. Ever since legislation passed in 2014 allowing States to enact their own iGaming laws, Real Money gambling has flourished in Canada.

There are several casinos in Canada, so deciding which to gamble at may be challenging. Luckily for you, our team of experts has compiled guides to bank on to simplify your gambling.

Often, casinos that'd be available to gamble at would've to register with the local gambling authority in your province. The Alcohol and Gaming Commission of Ontario is a notable gambling operator in Canada. Its duties mainly center around ensuring that casinos that serve the interests of Ontarians are trustworthy and reliable. We've covered in detail all you need to know about real money online casino Canada platforms.

How to Pick a Real Money Casino?

Not all online casinos can be trusted. Crooks run some, and they only want to trick you out of your money. It's important you do basic research before picking a casino to gamble at.

Arguably, the foremost factor to consider when picking a casino to gamble at is whether or not it's licensed. Licenses from reliable commissions are all you need to determine if or not it's safe to trust a casino and whether you ought to deposit your money on the websites.

Popular licensing to look out for includes the Kahnawake Gaming Commission and a registration certificate from the Alcohol and Gaming Commission of Ontario. Other factors to keep in mind when picking a real money online casino Canada include

  • Withdrawal Time: The best real money online casino Canada platforms have the lowest withdrawal periods. How long it takes to withdraw your earnings depends mainly on your chosen payment processing method. Look out for casinos that support withdrawals via several e-wallets, cryptocurrencies, and more.
  • Processing Time: Ideal payment processing times are within the 1 - 2 business day range. However, it's common to encounter casinos whose processing periods take up to three days. While those are still within manageable limits, casinos with three-day processing periods should be avoided.
  • Transaction Fees: The payment method you've chosen to make your payments determines how much you pay in transaction fees. The best low-cost payment methods for Canadians are, without a doubt, Interac, InstaDebit, and iDebit.
  • Withdrawal Methods and Limits: Your ideal online casino Canada real money would support several withdrawal methods and withdrawal limits. Withdrawal Limits are generally capped every month. Most casinos peg theirs around the $10,000 mark.

Best Fast Withdrawal Casino Sites

Currently, the best fast withdrawal casino sites in Canada are

  • Spin Casino: Established in 2001, Spin Casino holds a license from the Malta Gaming Authority and the Kahnawake Gaming Commission. It's one of the five groups of casinos owned and managed by Palace Group. Its 600-strong gaming portfolio is powered solely by Microgaming. The live dealer games are from Evolution. The spin casino offers many withdrawal options spanning VISA, Neteller, Skrill, NeoSurf, echeck, and more.
  • JackpotCity: Like Spin Casino, Jackpot City is another casino managed by the Palace Group. JackpotCity is famous among players for its C$1,600 welcome bonus. At 70x, the wagering requirement is rather unfairly high. The payout speed is 24 hours meaning your winnings will be processed for payouts within 1 business day of your request.
  • Zodiac Casino: Zodiac Casino was founded in 2001 and is owned and managed by Fresh Horizons Ltd. Zodiac holds a license from the United Kingdom Gambling Commission and the Malta Gaming Authority. All payout requests at Zodiac are processed within a 48-hour window. Zodiac offers several payment methods, including e-wallets, credit/debit cards, and bank transfers. At 24 - 72 hours, E-wallets by far take the lowest amount of time to complete.
  • King Billy: Established in 2017, King Billy holds a Curacao e-Gaming Regulatory Authority license. The casino holds partnership deals with several gaming providers, including Big Time Gaming, Amatic Industries, and more. The payment processing period depends entirely on how much you intend to cash out. Unlike other casinos on our list, King Billy supports transactions via crypto, meaning you can complete your payments more quickly via that channel.
  • LeoVegas: With an average payout rate of 96% and about 950 games in its portfolio LeoVegas is, without doubt, one of the best real money online casino Canada you can gamble at. LeoVegas holds a license from the United Kingdom Gambling Commission. LeoVegas partners with several providers, including Microgaming, IGT, Cryptologic, Play'n GO, and NetEnt.

Popular Withdrawal Methods

To effectively place bets for real money, you'd need to have a way to fund your gambling wallet and withdraw your winnings. Luckily, online casinos generally support several payment services you can use to complete your payments. These payment methods are secure and safe to use. They are designed with several cybersecurity measures in place, including anonymization, tokenization, encryption and more, to safeguard sensitive clients' details.

In picking a casino, it's always a good idea to stick with one that offers several payment options. You get to contrast and compare withdrawal fees and transaction periods and, afterwards, pick whichever you find most suitable. iDebit, InstaDebit and Interac are payment methods specifically designed for online shoppers from Canada.

They often tend to be the more worthwhile options in terms of transaction fees and withdrawal periods from players from Canada. Other equally popular payment methods include: cryptocurrencies, wire transfers, vouchers, e-wallets and credit/debit cards.

Credit/debit cards

Credit cards allow you to complete payments by borrowing money from a merchant. When you complete your deposits at an online casino with a credit card, you're being loaned money by the company. How quickly you pay back affects your credit score rating. Interest rates on loans on credit cards are often higher than even with bank loans.

Debit Cards can only be used when you've got money in your account. You can't get possibly overdraft as Debit card companies do not permit it. The amount you may intend to complete your deposits would only be withdrawn against what you've stored in your account.

Popular Credit/Debit card companies include VISA, MasterCard, and Discover. Making a payment with these cards is quite easy. It would be best if you only head over to the cashier section of the website, fill in your card details, and tap on submit. The card details are essentially nothing more than a 16-digit unique bank number, a CVV, and an expiry date.

E-wallets

E-Wallets are a payment system where transactions are completed solely via digital devices. To use a digital wallet, you must initially top it up via a third-party payment method, such as a credit/debit card or a bank transfer. Your e-wallet would be safeguarded with a password, and you wouldn't have to bother with 'card details' or 'pins' as there are none with digital wallets.

E-Wallets offer some of the most convenient ways to complete your deposits/withdrawals at online casinos. Some popular digital wallets are PayPal, Neteller, and Skrill. It's important to note that some e-wallets are specifically designed to simplify cashless transactions at physical points of sale. To complete payments, such wallet types primarily bank on technologies such as QR codes, Near Field Communication, and Magnetics Secure Transmission.

All these technologies do not apply to payments made at online casinos. To either deposit or withdraw at online casinos, you need to link your wallet to the casino and complete your transactions via the payment gateway.

 

Skrill

Neteller

 PayPal

Fees

-        $5 Service Fee

-        $4.49 Currency conversion Fees

-        2.99% on Neteller Standard Transactions

-        1.45% on Neteller True Transactions

-        1.9% - 3.5% + $0.05 - $0.49 per transaction

Processing Time

1 - 3 business days

1 - 3 business days

1 - 2 business days

Minimum Limits

C$50 per transaction

N/A

C$0.01

Maximum Limits

C$20,000 per transaction

C$10,000 per transaction

C$10,000 per transaction

 

Prepaid cards

Prepaid cards work, to a large extent, like normal debit cards. You seed them with money, then checkout after. Special types of prepaid cards are called vouchers. Vouchers are bought either at physical retail outlets or are registered online. To use, you must fill out your 16-digit voucher pin, CVV, and expiry date (much like a normal debit card) at the point of payment. The key feature of vouchers is that unlike payment methods (e-wallets, credit cards, etc.), you can't fund them from an external source. However, you can buy a preloaded card within the range of $100 - $1000.

Ultimately, you can head to your online casino and deposit money directly with the card. You can pay with popular vouchers at online casinos, including NeoSurf, Paysafecard, Astropay, and more. It used to be that you could only complete deposits (but not withdraw) with a prepaid card. These days, however, companies have adopted a modern approach whereby after completing your deposits, you can also withdraw with them. For example, head over to Paysafe and create an account. Then go back to your casino's cashier section and link your account to request withdrawals with prepaid vouchers.

Some charges may need to be more obvious in that they are tagged alongside prepaid vouchers. These include currency conversion, redemption, and monthly maintenance fees. Paysafecards, with their high transaction limits and quick processing speeds, are some of the best payment methods you can use at online casinos.

 

Paysafecard

NeoSurf

EcoPayz

Fees

-        3% Currency Conversion Fees

-         

 

 

-

 

 

-

Processing Time

2 - 4 business days

1 - 3 business days

2 - 5 business days

Minimum Limits (Standard Account)

-        C$10

-        C$10

-        C$20

Maximum Limits (Standard Account)

-        C$250 (Daily)

-        C$250 (Monthly)

-        -No Limit (Annually)

-        C$100

-        C$200

Bank Wire Transfer

Bank transfers are completed via a network of interconnected institutions and intermediaries globally. Wire transfers are bidirectional - they're either made from a merchant to a bank or from a bank to a merchant. Numbers and accounts are manipulated in a wire transfer cash itself aren't actually moved.

To deposit money via bank transfer at an online casino, you must submit the following details:

  • The recipient's banking info includes SWIFT codes and the bank's name.
  • The casino's account name, address, phone number, and all other details that you may require.
  • The casino's bank number and the branch number.

Wire transfers are notorious for the long waiting periods it takes for transactions to complete. It's not unusual for a bank deposit to your casino account to get completed within  6 - 10 business days timeframe. Domestic transfers generally take a lesser period of time and cost significantly lesser compared with wire transfers. Payments would be completed quicker if your account and the casino were registered with the same bank.

BANK TRANSFERS

 

Domestic Transfers

International Transfers

Fees

Up to NZ$35

NZ$15 - NZ$60

Processing Speeds

Up to Three Days

Up to Five Days

Minimum Limits

Varies by Bank (Often NZ$50)

Varies by Bank (Often NZ$200)

Maximum Limits

Often NZ$10,000 per day

NZ$10,000 per day

 

Cryptocurrency

The rate of adoption of crypto for payment at online casinos is slow and unencouraging. Only a handful allow deposits and withdrawals with crypto. When supported, however, they are one of the best ways you can bank on to complete your payments at gambling websites. In contrast to other payment methods, where you might've to wait for a few business days to have your transactions completed, all deposits and withdrawals with cryptos are completed instantly.

Popular cryptocurrencies supported at online casinos include Bitcoin, USDT, Ethereum, Litecoin, Ripple, Solana, and Doge, among others.

Cryptocurrencies have downsides. For one, prices of cryptocurrencies often fluctuate widely, often causing holders significant losses in the market worth of the coins. For most people, this is more than enough to undermine its usefulness as a currency, thereby limiting its acceptance among such folks. Some governments have also placed sanctions on the use of cryptos, crippling its influence yet further.

The PROS to using cryptos include

  • Faster Payouts Processing Speeds.
  • Increased Anonymity.
  • Improved Security.

Real Money Casino Games

Games at Canadian casinos generally span slots, blackjack, roulette, baccarat, keno, craps, video poker, and live dealer types. Most casinos partner with top software providers, including Microgaming, Evolution Gaming, NetEnt, IGT, Play'n GO, Yggdrasil, and others for their games. Gaming catalogs generally host up to hundreds of games, at times thousands. We've discussed the more common categories below:

Slots

Slots are purely games of chance. Unlike table games like blackjack or poker, where your chances of netting a win can largely be influenced by how skillful you are, the chances of you landing enough qualifying symbols on a reel are determined by how lucky you are

On conventional physical reels, electromechanical elements play a great deal in how the slot operates. Nowadays, how your spins turn out is determined by Random Number Generating algorithms. Unlike conventional machines, mostly three reels, it's more common to find 5 by 3 reel layout slots or even 5 by 5 layouts on digital slots. 

Slots generally have in-game multipliers that'd increase the potential payouts of your current holdings should you get lucky to land them. Some slots also come with progressive jackpots; grants from a number of players generally fund the possible payout from these types.

Live Dealer Games

Live dealer games generally span live blackjack, live poker, live roulette, and live baccarat. Such games feature live dealers conveniently housed in a physical location and whose gameplay actions are streamed right to your mobile or desktop client via a custom-designed interface.

You make your gameplay moves via this interface, which is transmitted to the dealer via the private stream. Evolution Gaming pioneered the live dealer gaming industry and has about the most prolific titles.

Table Games

Table games refer to all game types that are traditionally played on tables. This includes blackjack, roulette, baccarat, keno, craps, and poker. Blackjack, Roulette, and Baccarat are by far the most popular table games.

In blackjack, the objective is to rack a total of 21 points in cards without tipping over, and preferably before the dealer racks up 17. There are different variants of blackjack with their own unique rules for how the games are played. The same goes for roulette, baccarat, and even poker. It's always a great idea to familiarize yourself with the basic principles of gameplay before gambling.

Conclusion

With several casinos accessible on the web, it's important to know how to sort the reliable from the shady. The foremost factor to keep in mind in picking a real money Canadian casino is whether or not it's licensed. Reputable Canadian gambling commissions to keep an eye out for include: the Kahnawake Gaming Commission and the Alcohol and Gaming Commission of Ontario. Other factors to consider when picking a casino include the generosity of its bonus offers, whether the casino is mobile-optimized, the diversity of games on its platform as well as what regulatory body licensed it.

In addition to welcome packages, other bonuses that can be clinched at a real money casino in Canada include: loyalty rewards, reload bonuses and cashbacks. By placing more bets, you'd keep racking up more casino points and, as such, climb up the casino's VIP ladder. Benefits to gain include personal account managers, faster payout speeds, higher transaction limits and more. We recommend checking out the T & C's of a casino's bonuses way before claiming. This way, you won't get stuck with predatory bonus terms geared toward ripping you off.

FAQ

Is it legal to gamble online for real money in Canada?

Yes, it is. Ever since gambling got decriminalized in 1985 in Canada, it's been completely legal to gamble online or in physical casinos in Canada.

How long does a withdrawal take from a casino?

How long it'd take you to receive a withdrawal from a typical Canadian casino usually depends on how much you intend to withdraw, the payment method you're withdrawing with, as well as the standard payout processing period for that casino.

Can I withdraw to the same payment methods I used to make deposits?

Only sometimes. Some payment methods are unidirectional, meaning they support only deposits. To withdraw, you'd have to use another payment option if you've deposited with those types. For instance, most prepaid vouchers are deposit-only. Paysafecard is an example. To withdraw via Paysafecard, you'd have to create a Paysafe account to complete your transactions.

What is a payout percentage at a casino?

The payout rate of an online casino is a number that shows how much a casino pays out relative to how much patrons spend at it. An online casino's highest payout rate is generally estimated over many bets. As such, it's best to view the RTP as the theoretical limit on how much you'll ultimately get back and not as a definite number.

Do I have to pay taxes on my online casino winnings?

The Canadian Revenue Agency decides whether or not you get taxed based on whether you make a living from gambling or you gamble for recreational purposes. Generally, skill-based games like poker and blackjack are taxable, meaning players would have to pay taxes on all profits. Games of chance games like slots are not taxable as the incomes from these are regarded as "windfalls."