Online Gambling Frequently Asked Questions
Gambling Tax FAQs
Gambling tax varies from country to country. Find out below everything you need to know about the rules and laws in Canada and its provinces.
Do I have to pay taxes on my winnings?
Due to the Income Tax Act, all Canadians who win money on the lottery or games of chance do not have to pay any income tax on those winnings
- This is true for winnings from sports betting and casino games like poker and slots too
- In short, you don't need to pay any taxes on online casino winnings in Canada
- However, if you earn large amounts of money from gambling, you may be taxed
- In Ontario, for instance, any income between $42,201 and $84,404 has a tax rate of 9.15%. That jumps up to 11.16% if you earn between $84,404 and $150,000, so heavy gamblers need to be aware of this
- For more information, be sure to consult your accountant or tax attorney
How do I report casino winnings on my taxes?
Online casino winnings count as windfalls under Canadian law and don’t need to be reported on your taxes. However, if you are a professional gambler, winnings are taxable and will need to be reported as your main source of income.
How much money can I cash out at a casino without paying taxes?
There are no limits for casual players when it comes to tax-free casino winnings. You only need to worry about paying taxes if you’re a professional, and the amounts concerned vary from province to province.
How much money can I win by gambling without paying taxes?
As much as you can! As long as you’re not a professional gambler, you can win a huge jackpot and still not need to pay any taxes.
Is prize money taxable in Canada?
Only if you’re a professional gambler who treats gambling as your main source of income. In this case, you’re considered to be running your own business as a gambler and will need to pay taxes on your winnings.
Do I have to declare bingo winnings?
No, you don't need to declare winnings from bingo or any online casino games in Canada. Canadians don't have to pay any tax on online gambling winnings.
Do online casinos report winnings to the Canadian Revenue Agency?
No, since casino winnings are not considered taxable income in the vast majority of cases.
Do professional gamblers have to pay for tax in Canada?
Yes, as professional gamblers are considered to be running their own freelance businesses and using gambling as their main source of income.
However, this is still a bit of a complicated area as all of a gambler's losses can be deducted from the overall taxable income. That means that the Canada Revenue Agency is quite slow to audit and process the taxes of pro gamblers.
What are the tax rules for gambling as a Canadian in the USA?
Sadly for Canadians, taxes do apply on winnings in the US. You'll automatically pay taxes on winnings of more than $1,200 USD.
Gambling Online FAQs
Read below for detailed answers on all things online gambling. From how to sign up to a gambling site, to the legalities of betting in Canada and your province.
How do I sign up to a gambling site?
- Head to the registration page of your chosen site
- Create your username and enter some basic details (name, email, etc.)
- Verify your account via an email link
Can I get in trouble for online gambling?
Only if you use an illegal site that is based in Canada. If you’re gambling at any other legitimate online casino, you are not in any danger of getting into trouble.
Is there any part of Canadian legislation for online gambling that I should be aware of?
Most of the legislation about online gambling in Canada concerns the casino owners and operators, rather than the players. So you don't need to worry, as long as you're playing at legal sites.
What is the legal online gambling age for each Canadian province?
- Alberta, Quebec, and Manitoba – 18+
- All other provinces – 19+
Can I still gamble when I travel outside of Canada?
This depends where you're going and the site you use. You may not be able to access certain online casinos in certain countries. Different countries also have their own laws in place, so it's important to do your research on the destination to learn more before gambling abroad.
Do bookies have to pay out by law?
If you're gambling with a trusted, licensed online casino, then the bookies have to pay out as long as you follow their rules and terms.
There are some less trustworthy sites out there that aren't licensed and make up their own rules to trick players, so we always recommend gambling with a reliable site.
Online Casino Games FAQs
Are you new to gambling and unsure how to play casino games online? We have answered everything you need to know below.
Where can I play free casino games?
What’s better: online casino or sports gambling?
- This is a question of personal preferences
- Many online casino games such as slot machines are based on luck, while sports betting is more knowledge-based
- Big sports fans can make a lot of money through betting, but players who enjoy the thrill of games like roulette and blackjack will prefer online casinos
Which casino game offers the best chance of winning?
Blackjack is one of the best games. With a good blackjack strategy, the house edge is only around 0.5% so it's a perfectly fair contest between the player and the dealer. It's almost a 50/50 shot each time.
European or French roulette are other good options if you bet on red or black, as you get almost a 50% chance of winning. These two roulette variations also have only one zero, unlike American roulette which has two.
What gambling game has the best odds?
Roulette (European and French) and blackjack generally have the best odds, with almost a 50% chance of winning in both cases.
This can vary, depending on the online casino you choose and the rules in place.
What are the odds of winning the lottery?
The odds of winning the Canadian National Lottery are 1 in almost 14 million. The odds for Lotto Max are even higher at 1 in 33 million.
What is the best online gambling game to play?
- If you want the best chance of winning, choose blackjack or roulette (European or French)
- If you like something more strategy and skill-based, poker is a good option
- Try a few games for free and see which one you like best
Can I play slot games online for real money?
Yes, many online casinos offer dozens or even hundreds of video slot machines with real money payouts.
What are progressive jackpots?
A progressive jackpot is a public slots machine prize that increases each time a certain game is played, without the jackpot being won. These jackpots build up higher and higher over time until someone eventually wins them, and then they get reset.
Online Sports Betting FAQs
Online sports betting generally requires more skill and knowledge than other types of gambling. Our FAQs below should help prepare you along the way.
How does sport betting work?
- In sports betting, you wager money on outcomes of sporting events
- You might, for example, bet on a team winning a hockey game
- There are many different outcomes that can be bet upon, depending on the sport
What is moneyline in sports betting?
The moneyline is one of the most common and simple sports bets you can place. If you bet on the moneyline, you're betting on one team to win the game, without any additional conditions.
What does line mean in sports betting?
- The term 'line' also means 'point spread', and is a type of sports betting in which the bookie gives the favourite team a handicap and the underdog team a boost to essentially make the game more balanced. This encourages gamblers to bet more frequently on underdogs.
- For example, if an NFL team has a line bet of +7.5, it means they're the underdog and you'll win the bet, even if they lose by 7 or fewer points.
Where is sports betting legal in Canada?
Sports betting in Canada is only legal online. So, if you want to wager on your favourite sporting teams and events, you need to do it on the internet.
Our top 5 recommended sports betting sites are:
- Betway Sports
- Spin Palace Sports
What does the + and - mean in sports betting?
The + and - help gamblers to easily identify favourites and underdogs, as well as showing how much they stand to win from a bet. The side of the bet with a - sign shows the favourite and will pay off less than the original wager. The side with the + sign shows the underdog and pays out more than the wager.
Gambling Welcome Bonuses FAQs
Welcome bonuses are a great incentive for new customers at online casinos. But how do you claim one and is there a catch? Find out below.
What is a casino welcome bonus?
A casino welcome bonus is when an online casino gives you free money or betting credits for creating an account. Most sites offer these bonuses to draw in new players.
How do I choose the best casino welcome bonus?
You can use the resources at OnlineGambling.ca to compare welcome bonuses for different casinos. Sometimes, a bonus might seem big and tempting, but has difficult requirements to access, so it's wise to do your research and compare offers.
How do I claim a casino welcome bonus?
Each site will explain how to access its welcome bonus. Usually, you just need to create an account.
You might need to enter a promo code while making the account and then make your first deposit. The bonus(es) should apply automatically from there.
How do I know if I am eligible for a casino welcome bonus?
Read the details for each welcome bonus offer to learn more about it. The most trusted online casinos will state the requirements for their bonuses very clearly.
Are casino welcome bonuses as good as they sound?
It depends. Some of these offers are great and they all provide you with free cash to use. However, some welcome bonuses seem better than they really are as you don't get the free money straight away and have to 'unlock' it by playing a lot of games or placing many bets.
Gambling Payments FAQs
When gambling for real money online, how do you know which payment methods are safest and best to use at casino sites? Read on to find out.
What are the best deposit options for online gambling?
Credit and debit cards are usually the simplest options for depositing money to your online casino account. Debit cards usually have no fees at all, while credit cards might incur some small fees.
Third-party sites like InstaDebit and PayPal can also be used on some casinos to get money instantly into your account.
What is the safest deposit method?
Safety isn't really a worry on the trusted, licensed online gambling sites, such as our recommended ones. These sites use state of the art encryption technology to protect your data.
Do I need a credit card to gamble online?
No, as many sites will accept debit cards, direct transfers, and other options like PayPal or Skrill.
How Long Does it Take to Get My Money Out?
This can vary from site to site. Some casinos are speedy with their withdrawals and get money to you in just a couple of days. Others may take a week or longer.
Are online payment platforms safer to use for gambling cash withdrawals than debit and credit cards?
Both methods are equally safe, but some people prefer the privacy advantages of online platforms.
Are all gambling transactions processed in Canadian dollars?
Not always. On Canadian sites, Canadian Dollars are used. On many international sites, however, transactions are usually carried out in US Dollars, Euros, or British Pounds.
What is PlayNow?
PlayNow is a Canadian gambling site operated by the British Columbia Lottery Corporation. It's one of the few legal online gambling sites based in Canada.
Gambling Online Safety FAQs
Read below for frequently asked questions on safety when gambling online. Such as how to know if a casino site is legitimate.
Are Canadian online gambling sites legitimate?
- Yes, these sites are legit, as long as they are not based in Canada
- Gambling sites are licensed to protect players
- These sites are often audited and tested to ensure that the games are fair
- Your personal data is safely stored on secure servers
How can I avoid being scammed by an online gambling site?
Always play at licensed online casinos. Do your research and find safe, trusted sites. OnlineGambling.ca can help you find the most reliable and safe places to play.
Online Gambling Platforms FAQs
Find out below if you can gamble online on certain devices, such as your Mac or smartphone.
Can I play casino games on my smartphone?
- Yes, many of the top online casinos have mobile-friendly sites
- Some casinos even have their own dedicated apps for Android and Apple devices
- If you find a site you like, check to see if it has a mobile app as this will be the easiest way to play on your phone
- Platforms without apps usually have dynamic sites that adjust automatically to your mobile browser
What is the best app to play casino games on?
This depends on your personal preference. It's a great idea to try out a few different platforms and play for free for a little while at first to find your favourites.
Can I play casino games on a Mac?
Yes, most gambling sites and online casinos run on Macs. They often have their own specific Mac software clients or simply-run sites that can be viewed in Safari or other browsers on your Mac.
Gambling Support FAQs
Gambling addiction is a serious thing, so read on below to find out if you have a problem and how to combat it.
What do I do if I have a problem or complaint?
If you have any issues or problems when using a gambling platform, check to see what kind of customer support options the site offers.
Most sites will have live chat windows where you can get help or a number you can call. Some sites also have email addresses to contact with problems or complaints.
How do I know if I have a problem with gambling?
Here are just some of the key signs that you may be developing a gambling problem or addiction:
- Spending more than you can afford
- Arguing with friends or family about gambling
- Thinking about gambling very often
- Needing to gamble on a daily basis
- Always trying to win back your losses
- Lying about your gambling to others
- Feeling stressed or anxious
- Losing interest in other hobbies or interests
How can I get help if I have a gambling problem?
Gambling addiction is a serious problem that can lead to devastating consequences, so if you think you have an issue with gambling, there are several helplines you can call via the Canada Safety Council.
You can also open up to friends and family members and ask for help with your addiction.
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