Aug 06

What it Takes to Start Your Own Online Casino Business

What it Takes to Start Your Own Online Casino Business

If you’ve spent any time gambling in an online casino, you may have noticed a few things. For one, the games are extremely entertaining. There are hundreds to choose from, with rules and themes to appeal to anyone and everyone. With so many online casinos vying for your membership, there’s clearly some healthy competition in the industry. Perhaps most important of all, you’ve recognized that the house has a distinct advantage in every game.

If casino games are designed to win more money for the house than they pay out to players, wouldn’t it make sense to play on the side of the house? And what better way to do that than to own the house? With that in mind, we’re going to take a look at how to start and online casino. It’s not easy, and it’s certainly not cheap, but if you’ve got the means and the drive, it may very well be worth your time and effort.

What it Takes to Start Your Own Online Casino

While the concept above – the casino always wins, so I’ll just open my own casino – is a common theory, it’s not necessarily a realistic one, which is why most people don’t do it. The truth is, there’s a lot that goes into opening an online gambling site; much more than most people realize. It’s a lengthy, step-by-step process, and an expensive one at that. The very first thing you’ll need to do is…

Register and Host Your Online Casino Domain

The first step is to choose a domain name. It should be something quick and catchy, and directly to the point. The shorter the name, the more likely people are to remember it. Betfair, LeoVegas, PokerStars – they all meet this easy-marketing requirement.

Once you choose your domain name, you need to register it with a domain registering service. Then you have to pay a server to host it.

Even if you don’t intend to launch your casino for a year or two, registering the domain should come first. Search engines take into account the longevity of a domain when indexing. Simply put, a website created two years ago ranks better than one launched two weeks ago.

Apply for an Online Gambling License

This is going to be the most expensive step, by far. Your operation must be licensed to garner any respect from the iGaming community. Where you obtain your license from will directly impact the cost and reputability of the operation.

Some jurisdictions, like Costa Rica, Panama, Belize, pretty much anywhere in Central America, offer very little in the way of regulation. You pay a smaller fee, but sacrifice the respect of strict player protections. Obtaining a license from the Malta Gaming Authority carries much more respect, as you’ll have to comply with their high standards. But, you’ll also pay a lot more for that license.

Also consider which countries you want to accept players from. Black markets, including much of the US, require lax regulation, but could get you into trouble down the line. To accept players from the UK, the world’s most productive iGaming market, you’ll need a UK license, which comes with the strictest standards, and highest price tag. A Maltese license will grant you access to most legal markets, including Canada.

Every license comes with fees. Expect them to be in the five-figure range. Then there’s financial reporting and taxes to be considered. Think very carefully about which way you want to go here, and do your research.

Employ One or More Casino Software Suppliers

Every online casino needs an assortment of games to offer their players. There are dozens of highly respected content studios to choose from. You may wish to go with a single platform with a large portfolio of games. Or, you could employ a collection of software brands to offer more diversity. Just keep in mind, you’ll pay a separate fee for each casino suite you integrate. Then there’s always the option of going beyond csaino games and into the field of poker, bingo, sports betting, etc.

Another thing to consider is just how involved you want the software supplier to be. There are generally three options.

  1. Casino Games Only: Employ the casino suite only, granting you a license to supply its games.
  2. Games + System Platform: This option comes with the casino suite license, plus a back-end platform that administers and manages player account services.
  3. The Whole casino Package: If you take the full package, you’ll get the casino suite license, the player account system, plus integration of security features, software certification, and a dedicated customer support / tech support team.

The more you want, the more you’ll pay for it, but the less you’ll be responsible for managing in the long run. Choose a full package from a major content supplier like eCOGRA-certified Microgaming, and you can rest assured everything that needs to get done, will get done.

Payment Processing – Choose Your Banking Methods

As any avid online casino gamer knows, the security and availability of payment methods is paramount to attracting new player sign-ups. Today, iGamers expect a wide selection of banking options for deposits and withdrawals.

Some players are very picky, and will only use eChecks, or Paypal, or Instant Banking methods like Interac or Citadel. Others are esteemed supporters of the cryptocurrency movement. If you want to cater to these types, you have to supply a long list of trusted payments to hit all niche players. And of course, credit and debit cards (Visa, Mastercard, etc.) are a must.

Once again, consider your options, do your research, and know your intended customers.

Catering to the Mobile Generation

Ten years ago, the mobile casino movement was hardly a quiver. Today, it’s rushing ahead like a locomotive. You don’t have to build a mobile app for your casino, but you could miss out on an entire generation of would-be customers if you don’t.

Now You Must Build It…

With all these steps out of the way, it’s time to put all the pieces together. You may want to hire a web design team for the website, as well as a mobile app developer. That’s more money going into your project. And once you get the casino up and running, you’ll need to factor in software and licensing renewal fees, plus additional costs like marketing and employee salaries.

As I said, this will be an expensive venture. There are cheaper routes, but as the old adage goes, “You get what you pay for”. Like any successful business, the more you’re willing to invest into a quality product, the more you’re likely to get out of it.

If learning how to start your own online casino business was enough to make your head spin, maybe it’s not the right choice for you. Maybe playing those online slots and table games, despite their slight disadvantage to the player, weren’t so bad after all?

written by Grameister777 \\ tags: , , , , , , , ,

Jul 23

Anticipating the launch date for legal sports betting in Canada.

FAQ & Expected Launch Date for Legal Sports Betting in Canada

Like most major countries of the world, sports is a very big deal here in Canada. We love our ice hockey, just as Brits love soccer, Australians love Aussie rules, and Americans love baseball (and basketball, and football, and boxing – I could go on.) It doesn’t have to be hockey, though. Like Americans, we Canadians are drawn all sorts of major sporting leagues, from CFL and NFL football, to NBA basketball. (Go Raptors!)

Now, like so many other major countries, Canadians will soon have a legal and locally regulated means of betting on sports. Not just low-odds parlay bets, either, but real, bettor-friendly, single-event wagers. The kinds of bets that attract genuine sports fans. We’re talking about everything from game winners and point totals, to futures and live in-play betting.

Speaking of futures, now that the government has legalized single-game betting, what’s the future look like for Canadian sports fans?

Canada Sports Betting FAQ

This FAQ will answer some of the most common questions, including how soon we can expect live and online sportsbooks to launch in Canada. But first…

Is Single-Game Sports Betting Really Legal in Canada?

Yes! On June 22, 2021, The Senate passed Bill C-218, otherwise known as the Safe and Regulated Sports Betting Act. Exactly one week later, on June 29, 2021, the measure received Royal Assent, officially enacting it into law.

The Summary of the legislation reads:

This enactment amends paragraph 207(4)‍(b) of the Criminal Code to make it lawful for the government of a province, or a person or entity licensed by the Lieutenant Governor in Council of that province, to conduct and manage a lottery scheme in the province that involves betting on a race — other than a horse-race — or fight, or on a single sport event or athletic contest.”

Wait – was sports betting illegal before?

Not exactly. It was illegal for any provincial regulator to provide anything more than multi-pick, parlay betting. Provinces have done this for years, promoting it as a sports lottery. And it was illegal for any Canadian-based company to offer any form of gambling without provincial authorization. However, there’s nothing illegal about placing bets with international sports betting websites. So long as they have no physical presence in Canada, they are not bound by Canadian law.

The only real difference before and after the passage of Bill C-218 is that Canadians will now be able to place single bets with locally licensed and regulated sportsbooks (not just the international variety), and our own government will profit from it.

Will All Provinces and Territories Adopt Single-Game Sports Betting?

Most likely, yes, with the sole exception (maybe) of the territory of Nunavut. Nunavut is the only region that may choose to refrain, simply because commercial gaming has never been authorized there.

At present, Canada’s 10 provinces, plus the Northwest Territories and Yukon, offer the current parlay-style sports lottery. Most of of them also provide casino games and lotteries, either online, on land, or both. It would certainly make sense that these jurisdictions would want to work quickly to convert to single-game sports betting in the digital and retail space.

Will There Be Online Sportsbooks in Canada?

Absolutely! As previously stated, most jurisdictions already promote a locally operated online gaming portal. There’s no doubt that the new rules will be applied to both retail and online sports betting operations. In fact, some provinces were so eager for legalization, they were prepared for launch the moment the law went into effect.

British Columbia Lottery Corp (BCLC) has already made clear its intentions to launch an online sportsbook the moment they are legally capable and prepared to do so. It says it right on their iGaming portal, PlayNow.

Is There a Launch Date for Sports Betting in Canada?

This is the question everyone wants answered – when will single-game betting arrive in Canada? Unfortunately, no one is talking about actual dates yet. In fact, regulators aren’t talking much at all, except to say that sportsbooks are coming. That leaves us with little more than the obvious speculation that a launch could and should occur sometime this Fall.

Why in the Fall, you ask? Well, for one, regulatory guidelines and licensing stipulations must still be written, and there isn’t a lot of summer left to work with. Second, provincial regulators are hoping to get the ball rolling as quickly as possible, because as the old saying goes – “time is money”. And third, the 2021-22 NHL season gets underway October 12. This should light a big enough fire beneath local legislators to get the job done, post haste.

What Commercial Sportsbooks are Coming to Canada?

There’s little doubt that all of Canada’s provincial iGaming portals will launch a sportsbook. What makes this new legislation so interesting, however, is that commercial operators are being given permission to compete – not just in the retail market, like casinos, but in the virtual market. Never before has Canada’s online gambling industry been allowed to host competition within jurisdictions.

It’s too early to devise a definitive list of what companies are going to compete in this upcoming market, assuming provinces choose to let them. Licensing guidelines have yet to be finalized, and until they are, license applications cannot be submitted for appraisal. Even then, there are no guarantees – except maybe one. Canada will cater to its home-town-hero sports betting brand, theScore Bet.

Of all the commercial operators looking to expand from the US market into Canada, theScore is the only one with roots deeply embedded in the Great White North. Another highly-likely competitor is PointsBet. That company recently launched an all new Canadian Operations team, appointing CEO Scott Vanderwel and CCO Nik Sulsky. If nothing else, PointsBet’s determination to penetrate the market is indubitably clear.

Here’s a list of operators you can expect to see opening Canadian sportsbooks (in order of most-probable), and why we think they’ll be approved to do so.

theScore Bet – Based out of Toronto, theScore runs one of the nation’s most popular sports media brands. This company might as well already have the license in hand.

PointsBet – These guys have set up an entire Canadian division for their company, complete with executive figureheads. They’ll stop at nothing to get a foot in the door.

DraftKings – This brand already operates online and mobile DFS betting in Canada, and is a respected member of the Canadian Gaming Association.

FanDuel – This is another brand that already operates online and mobile DFS betting in Canada.

Caesars – A global brand, this one owns and operates Caesars Windsor in Ontario, one of the largest integrated resort casinos in the country. It’s also an active member of the Canadian Gaming Association.

Hard Rock – An American based company, they own and operate the famous Hard Rock Vancouver in BC, and will soon open another Hard Rock Casino in the Canadian capital of Ottawa. They’re also is a member of the Canadian Gaming Association

BetMGM – Because Wayne Gretzy said so

What Sports Will Be Available for Betting?

Sports availability is sure to mimic the major events already available in certain US states. As we’ve seen there, variety will surely differ from one operator to the next. You can expect to find all major sportinging events and tournaments, including the following:

  • Baseball (MLB)
  • Basketball (NBA)
  • Football (CFL, NFL)
  • Golf (PGA Tour)
  • Hockey (NHL)
  • Olympic Games
  • Soccer (European, MLS)
  • Tennis (Grand Slam)

What is the Legal Age to Bet on Sports in Canada?

The legal age to gamble in Canada varies from one province and territory to the next. The following alphabetical chart shows the appropriate age for sports betting across the country.

Provinces and Territories of CanadaLegal Betting Age
Alberta18
British Columbia19
Manitoba18
New Brunswick19
Newfoundland & Labrador19
Northwest Terrorizes19
Nova Scotia19
Nunavut19
Ontario19
Prince Edward Island19
Quebec18
Saskatchewan19
Yukon19

What Payment Methods will be Available?

Like the sports categories themselves, availability of banking options will be determined by each operator. No doubt, debit cards will top every list, just as they do now on Canada’s provincially run iGaming portals. Canadian exclusive payment methods like Interac eTransfer are sure to get some attention, along with major web wallets like Paypal. If the US market is any indication, Canada’s sportsbooks may also look to employ the versatility of a Play+ prepaid gaming card.

All in all, I believe the payment options list for most Canadian sports betting sites will look something like this:

  • Visa
  • MasterCard
  • American Express
  • Play+ Prepaid Card
  • Interac Online
  • eCheck EFT
  • Online Bill Payment
  • Paypal
  • Web Cash
  • PayNearMe

Can I Still Bet at International Online Sportsbooks?

Yes. From a legislative perspective, there is still no reason Canadians can’t do their online betting with offshore operators. It’s never been illegal before, and recently enacted amendments to the law don’t change that. All they’ve done is make it legal for provincial regulators to offer the same single-game sports betting options we’re already able to access via international websites. If you’ve established a report with one of those operators, building your way up the VIP ladder as a loyal member, there’s no reason to stop now.

written by Grameister777 \\ tags: , , , , , , , , , ,

Jan 17

DinersClub Canada: Depositors guide for the discerning iGamer.

DinersClub Canada - Depositors Guide for the Discerning iGamer

In the shallow pool of credit card issuing companies, Visa and MasterCard drown the competition so thoroughly that most of us don’t even consider the possibility of using an alternative credit card online. Truth be told, those cards are the most common because they are so readily available to any and all applicants. For the most discerning credit card holders, a DinersClub Card can be much more valuable.

DinersClub International is known for issuing cards to the world’s more affluent members of society. In turn, prestigious rewards are distributed to users for making purchases with their card. They are the types of rewards today’s business professionals are more likely to appreciate; things like frequent flyer miles, car rental, and hotel discounts.

The company describes its card services as “the smart payment choice for mid-to-large corporations, individual business people and professionals.” In short, DinersClub appeals to the wealthy, not the average Joe.

DinersClub Canada for High-Rolling iGamers

In the last fifteen years or so, the number of online casinos advertising DinersClub acceptance has fallen dramatically. It’s not that Canadians don’t use the card as much, nor is it a reduction in Canadian-facing online casinos that accept it. The problem lies below the 49th parallel.

In that time, the United States government has altered the legal opinion of online gambling more times than I’d like to recall. At one point, the penalty for any illegal online gambling activity was laid at the feet of payment facilitators. Credit card companies recoiled, setting up a special transaction code to specifically identify online gambling. Any such code that comes through an American transmission will be rejected. Even if the player is in Canada, if the card company is based in the US, rejection is likely.

Fortunately, DinersClub International is a part of the Bank of Montreal (BMO), with headquarters in Toronto, Ontario. The only online gambling payments they reject are those initiated by US players. So long as an online casino accepts Canadian players and DinersClub deposits, you should have no trouble taking advantage.

DinersClub Online Casinos of Canada

As I mentioned above, DinersClub is a card best reserved for the discerning iGamer. It is not a cheap card to possess, but for professionals, the rewards are easily worth the annual fees. Card holders aren’t the only ones who pay to use these cards, though. Commercial businesses that want to accept DinersClub payments pay to host such transaction, and again, it’s not cheap. Therefore the online casinos that accept DinersClub are among the industry’s largest and most respected operators.

They include companies like William Hill, 888 Casino, PartyPoker, Royal Vegas and Foxy Bingo. Some smaller operators also hail themselves as DinersClub Canada promoters, but be careful where you play. Look for major operators licensed in the UK and/or Malta. These are the most secure and responsible in terms of player protections.

Rogue casinos are well aware that DinerClub card holders have lofty bank accounts. If they can sucker an unsuspecting iGamer into depositing at an unsafe, improperly regulated gambling site, they’ll have a hay-day with your identity! Be smart and stick to the safety of distinguished operators.

written by Grameister777 \\ tags: , , , , , , ,

Jun 13

Ultimate new user guide to online casino gambling in Canada.

Canada Online Casino FAQs for New PlayersGambling is an extremely popular pastime in Canada. In 2000, right around the time internet casinos were starting to blossom, an international study revealed that 70% of Canadians participate in some form of gambling each year. With the rise of online and mobile gaming options, that number is sure to have increased.

Those of you seeking to venture into that realm surely have a lot of questions. Is it legal? Can I access offshore websites? Are there convenient banking methods, and are they secure? Today’s ultimate new user guide to Canada online casino gaming will answer these questions, and more.

Is Online Casino Gambling in Canada Legal?

Yes, it is. Gambling is legal in every province and territory of Canada. There are no specific laws that discriminate between land-based and online gambling. Therefore online casinos are perfectly legal, too.

There are two basic types of online casinos for Canadian players. There’s the provincially regulated variety, and the offshore variety. Only the provinces of British Columbia, Manitoba, Ontario and Quebec host provincial casino sites (plus online lottery in the Atlantic regions), and you must live within the respective province to access them. Offshore casinos accept players from various countries, with Canada typically included.

Are Offshore Online Casinos Legal?

Yes, they are. Despite the efforts of provinces to change that fact, there is no law preventing Canadians from accessing internationally regulated gambling websites. It is equally legal for an international gaming operator to accept Canadians, so long as they follow one express rule.

The Criminal Code determines what types of gambling can be legal. The only way an online casino would be illegal is if it has a physical presence in Canada, but does not acquire a provincial licence. By remaining offshore, and opening no offices on Canadian soil, no laws are being broken.

How Do Deposits and Withdrawals Work?

Most online casinos offer a wide range of deposit methods. Credit cards, debit cards, prepaid cards, online payment processors (EcoPayz, Neteller, Skrill, etc.), bank transfers, instant eChecks—these are all common options. The key is to pick the one that best suits your needs.

They are incredibly secure, as well. So long as you choose reputable gaming websites, and keep your own computer or mobile device secure, you have nothing to worry about.

Are Online Casino Winnings Taxed?

Typically no, Canadians do not pay taxes on any gambling winnings. The Canada Revenue Agency states, “an individual may be subject to tax on income derived from gambling itself, if the gambling activities constitute carrying on the business of gambling”.

Therefore, the only players who pay taxes are those that gamble ‘professionally’. If you gamble regularly, and make consistent profits from it, then you may be subject to taxation. But as a casual player, no.

You can learn more about the minutiae of Canada gambling taxes here.

Can I Play in CA$?

Yes, usually. If you play provincially regulated Canada online casino games, all wagers are in Canadian Dollars. If you choose to play at internationally regulated websites, some of them do offer CA$ deposits and withdrawals. Be sure to skim over the banking options and payment details to see if it’s available.

The major benefit to online casino gambling in Canada’s own currency is the avoidance of foreign exchange rates. Although relatively inexpensive, currency exchange fees do add up over time, taking away from cash that should be part of your bankroll.

written by Grameister777 \\ tags: , , , , , , , , , , , , , , , , , ,

May 31

How long do online casino deposits takes?

How Long do Online Casino Deposits TakeIf you’re wondering how long it takes to process online casino deposits, it’s safe to assume you’re new to the iGaming community. Don’t worry, we’ll answer all your depositing time frame questions, and maybe a few others along the way.

IMPORTANT: Before I go on, assuming you are new to real money online casino games, please heed this warning. Only register an account and deposit with reputable, well-established gambling sites that are licenced, regulated and in compliance with the highest security and player protection standards. Join a brand new or disreputable site that’s licenced in some lax jurisdiction like Costa Rica, and you’ll have no trouble depositing, but you may hit a brick wall when it comes time to cash out!

How Long do Online Casino Deposits Take?

The truth is, the time it takes to process a deposit depends on the payment method you use. Some can take a few minutes, others a few days. Fortunately, most are instant, appearing in your account within seconds of submitting the funds. We’ll briefly review the most common payment methods, and the time it takes to process online casino deposits.

Credit Card Deposits

Visa and MasterCard are accepted by almost every online casino on the market. Some also accept AmEx and Discover, though these sites are rare. The time it takes to complete a deposit depends entirely on the time it takes the credit card company to approve the purchase. Most often, it’s about a minute; up to 3 minutes at most.

Debit Card Deposits

Thanks to electric fund transfer (EFT) technology, debit card purchases are instant. As soon as you press the button, the payment info is sent to your bank, which immediately checks to see if the necessary funds are available, then responds with a yes or no. It’s all electronic, so we’re talking a matter of seconds here.

The funds won’t actually arrive in the casino’s bank for a few days. But the beauty of EFTs is, since the operator knows it’s coming, they grant player’s access to the money immediately.

Prepaid Gift Cards and Vouchers

Prepaid cards, gift cards and vouchers work the same as credit cards. It takes about 1-3 minutes at most to verify that the funds are available before the deposit is approved.

Instant eCheck / Instant Bank Transfer

Instant eChecks are an electronic version of paper checks. Instant Bank Transfers are essentially the same thing, but do not require the check number from a paper check. Both are sent via EFT, and require the player’s bank account number, along with the bank’s name and routing number. Being EFTs, they are both processed instantly.

Web Wallets

Web wallets (aka eWallets or online payment processors), include companies like ecoPayz, EntroPay, PayPal, Neteller, and Skrill. They create a link between the player and their personal bank account, allowing players to deposit funds to the eWallet, or transfer them to the casino direct from their bank. Web wallets are a very popular among online casino players. Not only are they an instant deposit option (using EFT technology), they are also eligible for withdraws. Most will even supply their members with an ATM card for instant access to their money following a cashout.

Bank Wire

Bank wires can be slow, and expensive. Unless you have no other option, this probably isn’t the best way to go. Wire transfers usually take 2-3 business days to arrive at the online casino’s bank. Some operators will go ahead and grant you access to the funds, so long as they are assured the money is on the way (similar to EFT). Check the details on the casino’s banking page before using this method.

Check by Mail

Virtually no one uses this method anymore; at least not for deposits. Withdraws yes, when time isn’t of the essence, but that’s about it. It is still an option at some gambling websites, though, so we’ll include it here. An international casino can take 2-3 weeks to receive this form of payment. So if your purpose of researching how long online casino deposits take is to find something quick, don’t choose this one!

written by Grameister777 \\ tags: , , , , , , , , , , , , ,

Jan 23

Sifting through the attributes for the best CA online casinos of 2018.

Best CA Online Casinos 2018We want the best of everything in life. If we go shopping for a car, we don’t just want an engine that starts. We want a car with low mileage, good tires, regular service maintenance, and an engine that purrs like a kitten. Only the best car will do. We want to know that we’ll be safe and secure, and won’t break down on the side of the road. But we also want one that’s aesthetically appealing and fun to drive.

This applies to everything in life, from clothing to kitchen appliances. So why shouldn’t we demand the best from Canada’s online and mobile casinos? If we’re paying for entertainment, we deserve the best in every aspect. Skimping is not an option!

Finding the Best CA Online Casinos of 2018

There are multiple factors to weigh, just like buying a new car. You’ll want a casino website that is safe and secure. It needs to have a proven performance record, as well as an appealing game variety and lucrative promotional package. The following aspects should be scrutinized closely.

The Bonus

Although not the top priority, I know bonuses are important to everyone, so I’ll start here. We all want a big, fat bonus that will at least double our starting bankroll. But the size of the bonus is equally important as the terms involved. Can you cash out the winnings? Does it have a reasonable expiration date? Can you play all the games you want with it? Read the terms – know the terms – abide by the terms!

Reputation

An operator’s reputation is crucial to a positive experience. You need to know that your deposits and withdrawals will be honored. A site with a bad reputation is obviously the wrong choice, and reputations are all-too easy to come by in this day and age of social media. It won’t take much digging to learn an operator’s true reputation.

However, to obtain a reputation, good or bad, a site must have longevity. Don’t sign up with an operator that just launched. Stick with tried-and-true CA mobile casinos that have been around for years, and have built a good reputation based on customer satisfaction and loyalty.

Safety & Security

Today’s gambling websites are much more secure than they were ten or twenty years ago. Technology has come a long way. The most responsible operators employ the highest standard of security measures, including 128+ bit SSL data encryption. This ensures all personal and financial information is ivisible to prying eyes during transmission.

Game Selection

This is more of a personal preference than anything. What types of games do you expect to play? If you’re a slots lover, you’ll want a site with a wide variety of slot machines – classics, video slots, multi-feature slots, etc. If you prefer table games, make sure all your favorites are available. Check out the live casino offerings as well. Live dealer blackjack can be way more interesting than the traditional, RNG-inspired games.

Software & Compatibility

This is another crucial aspect to look into. If the software is slow or twitchy, it will undermine the entertainment value. It also needs to be regularly tested and certified for fairness. Choose a brand that provides RTP transparency, exhibiting the theoretical payback percentage for each game within its information tab.

You’ll also want to make sure it’s compatible with any and all devices you intend to play on. Is a download required, or even offered, for desktop play? Can you login and play from a smartphone or tablet? Is it optimized for your mobile operating system (Android, iOS, Windows Phone, Blackberry, etc.)?

Payments Options

Take a look at all the payment options available. Make sure you have a convenient and cost effective way to get money in (deposit) and out (withdrawal) of the casino. What brands of credit/debit cards are accepted? Can you use a web wallet like Skrill, or a prepaid card/voucher? You should always plan ahead. Know what withdrawal method you’ll use before you make your first deposit.

Local vs International Regulation

Last but not least is the matter of local versus international regulation. Several Canadian provinces offer a home-grown gambling website. Let me start by saying both are perfectly legal. By law, players cannot be penalized for choosing to deposit and play real money casino games at an offshore gambling website. However, there are benefits to both sides.

Playing locally guarantees compliance with the regulations of your province. There’s no question as to whether payments will be honored, or whether the games are fair. Local regulation provides the ultimate player protection package.

As for international websites, the best CA online casinos of 2018 offer the exact same assurance, and provide a much wider variety of games. They are also able to deliver regulars bonus promotions you won’t find at local websites. The key is to follow the guidelines above to ensure you’re playing at a safe, secure, and reputable website.

written by Grameister777 \\ tags: , , , , , , , , , , , , , , , , , , , ,

Aug 02

Learn how to deposit at a prepaid or debit card casino in Canada 2017, and the relative pros and cons associated with these payment methods.


Prepaid or Debit Card Casino Canada 2017I’ve been enjoying online casinos and the wide range of gaming opportunities they provide for more than 10 years now. One thing I’ve noticed is that the number of available payment methods has increased tremendously. While that seems like a positive, more choices isn’t always better.

I touched on the subject of over-abundant options yesterday in an article concerning reliable and reputable casino banking options. The fact is, the fewer choices we have, the easier it is to make a decision. More options only lead to mental confusion and self doubt.

For online casino gamblers, the trouble is you have a lot more choices than just prepaid or debits card casino deposits. And realistically, all of those other options have more pitfalls to consider.

Drawbacks of Other Deposit Options

A credit card is perfectly safe and secure, but it breaks the golden rule of gambling. A responsible gambler should never spend more than he/she has. Credit cards allow players to spend now, and pay later. Tsk, tsk!

Online payment processors, or e-wallets, are lauded for giving players the ability to deposit and withdrawal without divulging their financial info to the online casino. But in reality, you’re divulging that info to the online payment processor. Is that really any better? Plus you’re paying an extra fee on all cashouts. Hmm…

Bank transfers are quick and easy, if you aren’t paranoid about handing out your most sensitive bank account details. They are quite secure, don’t get me wrong. But as 19th century author Philip K. Dick once said, it’s “strange how paranoia can link up with reality sometimes”.

Cash transfers (Western Union, MoneyGram) are another perfectly safe option. However, they can be quite a hassle, and they don’t come cheap either.

Prepaid or Debit Card Casino Deposits

If we were to narrow your choices down to a prepaid or debit card casino deposit, you would have no trouble picking between the two. You only have to ask yourself this:

Do you want to use the card that’s already in your wallet or purse and make that deposit instantly? Or would you rather head over to the nearest retailer and purchase a prepaid card?

One is faster, and perfectly secure thanks to the cutting-edge security measures and data encryption technology enforced by online casinos and Canadian banks. The other takes a bit more time and a few extra dollars, but alleviates any paranoia of entering sensitive debit card details over the world wide web.

Debit Card Casino Deposits – Pros & Cons

Prepaid or Debit Card Casino Canada 2017On the positive side, debit card casino deposits are super fast and incredibly secure. The moment you submit the deposit (assuming the required funds are available in your bank account), it’s complete. Those funds can be used instantly to play all the casino games you desire.

The security of debit card casino deposits is ensured by sophisticate data encryption technology. It’s the exact same technology used by government banks. So if you do any type of online banking, you’re already taking the same, albeit minuscule, risk.

On the negative side, you are inputting your name, debit card number, expiration date and CVC security code over the internet. That’s the same info anyone else could use to charge purchases to your debit card. If the casino’s servers, or your own computer/mobile device has been hacked, this could pose a security risk. There’s that paranoia factor again!

Secondly, you may not even have the option of utilizing a debit card casino deposit. It all depends on what bank issued your debit card, and the logo it carries. Visa is the most widely accepted. MasterCard is still available on some casino sites. Amex and Discover have all but disappeared.

Even if you have a Visa debit card, if it was issued by a bank that has base operations in the United States, your deposit may be met with rejection. This is because US laws have forced many banks to stop accepting payments in relation to online gambling.

Even though you’re residing and banking in Canada, this could impact your ability to make debit card casino deposits.

Prepaid Card Casino Deposits – Pros & Cons

Prepaid or Debit Card Casino Canada 2017The best part about depositing with a prepaid card is that you are not divulging any permanent financial information. You are only inputting the card information of a payment method that will no longer exist once you’re done.

So long as you purchase prepaid cards in the exact amount you intend to deposit, you can cut it up and toss it in the trash once the deposit is made. If the information is stolen, you get the last laugh.

The only negatives here are that you’ll have to do a bit of traveling to purchase the card, and it will cost a few extra dollars to do it. Prepaid cards generally cost no more than $5, on top of the pre-loaded cash amount.

How to Make Prepaid or Debit Card Casino Deposits

This is the really simple part, and both cards work the same way. Log into your online casino of choice and go to the banking section. Choose the appropriate method, either prepaid or debit card casino deposit. Enter the details from the card as instructed and submit.

The funds are instantly credited to your account. Enjoy!

written by Grameister777

Jul 06

The best Canadian Visa brands for online gaming have evolved over the last decade. Learn what works, what doesn’t, and why the landscape has changed so drastically.

Best Canadian Visa Brand for Online GamingIt wasn’t all that long ago that Canadians could gamble online at any website they wanted, choosing any deposit method they desired to do it. Times have changed since then. Credit cards are still one of the top preferred ways to deposit, but they don’t always work.

The list of best Canadian Visa brands for online gaming is a lot shorter than it used to be. All over the world, it seems governments are trying to restrict what iGamers can and can’t do. That approach has been historically ineffective, though.

What has been working—what’s really happening here—is that laws are putting limitations on what financial institutions, including credit card companies, can and can’t do. Threatening legal action against major corporations has proved especially successful in the US, and unfortunately, it’s having a significant impact on Canadians.

US-based Visa Brands Rarely Work

When the US government passed the Unlawful Internet Gambling Enforcement Act in late 2006, it required financial institutions to “identify and block or otherwise prevent or prohibit the processing of” payments for online gaming purposes.

You wouldn’t expect this to have any impact on Canadians, where there are no such laws on the books – but it does.

There are quite a few US-based Visa credit card companies that service all of North America. Chase Bank is one of the biggest. If you have a Chase-branded Visa, even though you are located in Canada, there’s a very high chance that your online gaming deposits will be denied.

Chase and other US-based card companies like it are, essentially, covering their behinds. If they let an online gaming deposit slip through from a member account originating below the 49th parallel, they could be in big trouble. So, instead of going through the hassle of segregating their member accounts by jurisdiction, they have simply put a stop to all known internet gambling payments.

Why Some US-Visa Deposits Still Work

The system is heavily flawed. Many of today’s online gaming sites are well aware of the legal landscape, and are able to circumvent the law by submitting payments under a different “code”.

Credit and debit card companies like Visa and MasterCard apply a special, 4-digit numerical code to every transaction. Known as a Merchant Category Code, or MCC Code for short, this code identifies each type of transaction. “Betting” (lottery, casino games, etc; online or otherwise) is classified under code “7995”.

If a US-based Visa brand identifies a 7995 transaction coming from an online website, they will rejected it. However, if an operator is able to disguise the payment with a different categorical code, such as “7278 – Buying/Shopping Services”, it could slip by the bank unnoticed.

In recent years, the acceptance rate of US-based, Canadian Visa brands for online gaming has fallen to about 10-20%. Because of this, it’s actually recommended that, if a Visa deposit fails, the user should ‘try, try again’ before giving up.

If every attempt is met with rejection, you know it’s time to seek out a new Visa card company, or a different method of deposit altogether.

Best Canadian Visa Brand for Online Gaming

Fortunately, there are several Canadian-based credit card companies that support online gaming deposits. So long as your Visa card is issued by one of these major Canadian-based banks, you should have no trouble using the card for online gaming purposes.

The most reliable Canadian Visa brands for online gaming include:

  • RBC

    • The Royal Bank of Canada (RBC) started out as a small financial operation in Halifax, Nova Scotia in 1864. Over the last century and a half, it’s grown exponentially into Canada’s largest and most trusted banking institution. RBC serves customers in over 50 countries, with a staff base of approximately 79,000 employees and more than 16 million customers world-wide.

  • CIBC

    • Established in 1867 under its former name, Canadian Bank of Commerce, the Canadian Imperial Bank of Commerce (CIBC) is celebrating it’s 150th anniversary in 2017. To their credit, CIBC was a founding partner of its hometown Toronto Blue Jays baseball team. CIBC operates in Canada, Asia, Europe, the Caribbean, and the United States, housing over 40,000 employees and 11 million customers.

  • BMO

    • The Bank of Montreal, (d.b.a BMO) is the fourth largest bank in Canada, and the tenth largest in North America. It’s also the oldest bank of Canada, established by a group of merchants in 1817, making this their bicentennial year. Back then, it operated out of a rented house. Today, BMO’s rich history has evolved into more than 900 branches in Canada alone, with 45,000+ employees and over 7 million customers.

  • TD Canada Trust

    • A division of Toronto-Dominion Bank, TD Canada Trust started out as the Huron and Erie Savings and Loan company, established in 1864. Following TD Bank”s acquisition in 2000, it’s now a personal, small business and commercial bank operation with more than 1,100 branch offices, and over 10 million customers, throughout Canada.

These are all respected members of Canada’s Big Five banking institutions. Their commitment to quality customer care makes RBC, CIBC, BMO and TD Canada Trust four of the best Canadian Visa brands for online gaming.

written by Grameister777 \\ tags: , , ,

Feb 24

Visa Gift Card and Prepaid Card Sportsbooks

Canada, Sports Betting, Sportsbook, Visa Comments Off on Visa Gift Card and Prepaid Card Sportsbooks

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Visa gift cards, prepaid cards and other similar payment methods are one of the safest ways you can make a payment online. As a result, they have become very popular with the gambling fraternity, as players look for ways to keep their bank accounts and their cards out of the process, while still getting all of the benefits that users of those methods would receive.

Here in Canada, prepaid cards, gift cards, eChecks and Instant Banking options are at their most popular. For whatever reason, we have really taken to them. Unfortunately, legal sportsbooks and casinos aren’t as common. But there is one sportsbook that stands out, and one that also allows you to deposit and play using these methods. That sportsbook is Sports Interaction.

The Best Canadian Sportsbook

Sports Interaction may be seen as a fringe player in the online sports book market in Europe, but here in Canada it is the best of the best. That’s because Sports Interaction is fully committed to the Canadian market. Not only is it regulated here, but it has been offering its services to Canadian players since 1997, back when it was one of the first to do so.

It also understands the needs of Canadian gamblers. As a result, it is one of the few sportsbooks that will allow you access to extensive gambling markets on sports like curling, ice hockey and the often-overlook Canadian Football League. If you’re sick of playing on foreign sportsbooks, being worried about their legality and being annoyed at the lack of Canadian centric markets, then Sports Interaction could be just what you are looking for.

Sports Interaction Gift Cards and PrePaid Cards

Sports Interaction also excels when it comes to deposit and withdrawal options. They were one of the first North American gambling sites to accept Virtual Visa, EcoCard and other prepaid cards. These payment methods effectively allow you to play with cash, and also mean you can make a deposit without exposing your bank account, debit card or credit card.

Some of these cards, such as the Virtual Visa, can be purchased in store using cash (or whatever other means you want). You choose to place however much money you want on them, and you then use this card on the Sports Interaction sportsbook like you would use a debit card. It has all the benefits, all the security. The difference is, if that card or that number gets lost, it won’t come back to hurt you.

These cards are often seen as one of the most secure ways to play. Some gamblers see them as being over cautious. But it’s not just about security. It’s also one of the few ways to turn cash into virtual gambling currency, and it could be the only option available to customers who don’t have access to credit cards and debit cards.

The Sports Interaction sportsbook offers all of the following prepaid cards and similar methods:

  • EntroPay
  • uKash
  • Swiff
  • Virtual Visa
  • EcoCard

written by Grameister777 \\ tags: , , , , ,

Apr 01

Visa Casinos Canada – Deposit Money for Gambling with Visa

Payment Options, Visa Comments Off on Visa Casinos Canada – Deposit Money for Gambling with Visa

There are many ways you can gamble online. It never used to be this way, but nowadays you can use everything from credit and debit cards, to bank transfers, PayPal and more. The most common way to gamble online is by using Visa debit cards and Visa credit cards, one of the most popular cards of its type in Canada, and in the wider world for that matter.

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The Benefits of Gambling with a Visa

One of the main benefits of using a Visa card to gamble is the fact that most gambling sites accept them. Whether you want to play some slots, blackjack, roulette or even poker, you can guarantee that your Visa will open doors for you. Many sites will accept both Visa debit and credit cards, but all of them should accept at least one of them, most likely the debit card.

Another benefit is the security of the card. The Visa credit card in particular is one of the most secure payment methods you can use online. Credit cards exist for a reason and that reason is not just to provide endless credit. If it was, then there would be no reason for those who pay off their credit cards every month to use one. The thing that sets credit cards apart, and the thing that Visa also offers, is complete security. If you purchase an item over the internet using your Visa credit card and that item fails to arrive, only for the company to refuse to acknowledge your complaints, then you can go to your credit card provider and they will initiate a chargeback, forcing the company to give up the money and pay you back instantly. The same goes for online casinos that take your money fraudulently. Such security has also been used to safeguard people against credit card fraud, which is increasing in the modern age. In the event that your credit card is stolen, along with the credit on it, then you can simply file a claim with your credit card company and they will give you your money back. They are so used to doing this that they rarely think twice and will never second guess you.

That means that with a credit card you are free to use as many sites as you please, even if they look a little suspicious. Whilst we would never advise you to use such websites, if you do and if anything happens, your money will be safe.

As the money spent on a credit card is all credit, you could also argue that another benefit of using a visa credit card to gamble is that you can gamble with money that is not yours, winning money that will be yours and then using a portion of that to pay off your credit. That way no money has ever left your bank and you are effectively being “supped” by your bank. Obviously, we wouldn’t recommend doing this either, because it is very easy to get carried away with yourself and before long you could have lost more money than you can afford to lose.

The Best Sites for Your Visa

Simply put, the best gambling sites for your Visa card are the best gambling sites period. This is because most sites accept Visa and the few that do not are clearly missing such an obvious trick that they should not be trusted.

Our favorite online casino at the moment, and one that has led the way for us for several months now, is Royal Vegas Casino. Here you can deposit and withdraw using your Visa cards, and they also have stacks of other banking options available, including many web wallets and prepaid cards typically not accepted by other online casinos.

With Royal Vegas Casino you will be allowed to withdraw to a credit card, but our advice is only to withdraw the amount that you have accumulated on that card in that month, otherwise you’ll just be stacking up the credit and may never see the cash. When withdrawing more than you deposited to a credit card, you may also face issues from time to time. To get around this, we tend to withdraw the amount that we deposited (therefore removing that charge from our credit card bill) and then stick the rest in a bank or a web wallet. You will be free to do this and shouldn’t face any issues at all. If you do encounter a problem then simply email or phone Royal Vegas Casino and let them know, they are usually very quick to respond and have been nothing but helpful when we have needed them in the past.

Their sister site, Platinum Play, is also worth checking out. They accept the same long list of banking options as Royal Vegas Casino do, and they also use the same software for their actual casino. The only real difference is in the promotions offered, because whereas you can pick up $1,200 in cash as a new member on Royal Vegas Casino, you will be offered 1500 in free bets as a new member on Platinum Play.

written by Grameister777