By Cirillo Ambrossi
January 25th 2022
BURLINGTON, ON
If you are on the lookout for amazing gambling sites in Canada, you have plenty of options. The online gambling market is growing rapidly. This means that the number of people who play online casinos is increasing every day.
As far as Canada goes, the situation is not much different. According to Statistics, Canadians spent over $1 billion on online gambling every year. That is about three percent of their total spending budget.
Why Are Canadian Online Casinos So Popular?
In 2022, more and more Canadians are seeking out online casinos because of their benefits. The casinos offer a wide variety of games and bonuses. They are convenient, affordable, and they offer more value for your money.
You can play interactively on some gambling sites
Nothing beats the ability to enjoy your favorite games from the comfort of your home. You can play 24/7 without having to worry about time or location restrictions.
Online casino games are not affected by weather conditions as you don’t need to travel to physical casinos. In addition, you can deposit and withdraw money through electronic banking methods.
There are different types of online gambling Canada. Casinos are classified based on whether they provide real cash or virtual currency (such as points). Therefore, there is something for everyone. If you are a new player, you have the chance to try out new games without putting your money on the line.
What Do You Need to Know When Playing Canadian Online Gambling?
Before signing up with any new site, there are several things that you should know. Having the relevant information will improve your experience.
Know Your Limits
First, you need to know your limits. Before registering with a particular online casino, it’s important to understand the amount you can afford to lose. Base it on your playing experience and the size of your bankroll.
For example, if you’re a novice gambler, you might only want to wager $5-$10 per game. On the other hand, experienced players might prefer betting $50-$100 per spin.
Know Which Games Are Available
Once you decide on the kind of games you’d like to play, you need to look into the options offered by the online casino. This may mean checking out reviews and ratings for each casino.
Also, pay attention to how often they update their database. One of the biggest benefits of online casinos is that they bring you a wide variety of games. You shouldn’t miss out on this benefit by choosing the wrong online casino.
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Some bonuses can be very attractive
Find Out About Bonuses
All reputable online casinos offer bonuses for both new members and loyal players. However, not all bonuses are created equal. Make sure that you find one that gives you a decent amount of free money. Researching about bonuses is important even when you have a huge bankroll.
Emerging Trends in the Canadian Casino Market.
In 2022, the casino market in Canada has been experiencing a shift. The industry is growing fast, and many new names are already cropping up. Here are a few trends to look out for:
The Use of Cryptocurrency
Cryptocurrencies are becoming mainstream. The number of Bitcoin ATMs has increased by over 50% since 2017. This means that people can now buy bitcoins without having to go through an exchange or bank account. Other cryptocurrency exchanges are growing rapidly as well. There are currently over 1,000 cryptocurrency exchanges worldwide.
The reason behind the growing popularity of Bitcoin among online gamblers is its anonymous nature. You can make transactions without having to provide any personal information. Furthermore, there are no limits on how much money you can transfer or withdraw from the casino. Transactions are pretty fast as well.
The Breakthrough of VR
Even though VR is a pretty costly technology, it is fast making its breakthrough in Canadian online casinos. Although there is still a long way to go, many online casinos are already adopting it. VR casino games take your playing experience to the next level.
It is the responsibility of the gambler to play responsibly.. Know your limit and stick to it.
Focus On Responsible Gambling
Online casinos in Canada are working on strategies to promote responsible gambling. The Canadian government announced new measures to protect players from online gambling addiction. These include:
• A ban on advertising or promoting gambling products to minors
• A minimum age requirement of 18 years old for all online gaming sites
• A ban on accepting wagers from Canadians who live outside of Canada
• A ban on accepting wager from Canadians with an income below $50,000 per year
The Canadian government will be monitoring the industry to ensure compliance with the new rules. According to the Canadian Gaming Association (CGA), they will be looking at ways to make sure casino games are not being used by people who have trouble controlling their gambling habits.
They are also considering how to prevent underage gamblers from accessing online gaming sites. The CGA is concerned about the impact of online gambling on vulnerable groups such as youth, seniors, and those living with mental health issues.
Increased Growth of ESports Betting
The popularity of esports games among Canadian audiences is increasing fast. Currently, the audience is in hundreds of millions. There are plenty of competitions and tournaments to bet on, and studies suggest that esports could be getting more popular than traditional sports. It is only a matter of time before they pull audiences as big as in traditional sports like basketball and football. It is no surprise that almost all of Canada’s top bookmakers are including esports in their offers.
esports betting is expected to grow into an $8 billion market
Live Dealer Games
Live dealer games in Canada are already popular. In 2022, however, they could be getting a bigger share. Players are interested in the human experience, and live dealers offer that without compromising the online experience. In 2022, there will be more live dealer games. Casinos that didn’t already offer them may start doing so.
Continued Market Growth
The surest thing about Canada’s online casino market in 2022 is that it will continue to grow. Although the pandemic was a major contributor to its growth, many other factors make online casinos popular. The advancement of mobile gaming, unique bonuses, and better payment methods significant contributor as well.
LOL
I abstain from alcohol, (mostly) fags and weed and will let others gamble. I suspect hard drugs are soon to be added if there are no federal changes.
Consumption for all of these except perhaps fags are significantly up during Covid which is a windfall for along with HST applied on ever increasing costs of goods and services.
Such a healthy country.
Perhaps these largely inept governments want to extend the pandemic to balance their budgets.
Reminds me of seniors (dad) expression for gambling, he called it a “tax on the stupid”.