Top 3 Online Casinos in Canada
- 18+
- Terms and conditions apply
- Advertising Policies
| № | Online Casino | Rating | Bonus | Play | |
|---|---|---|---|---|---|
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National
5
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100% up to 500 CAD on your first deposit |
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22Bet
5
|
100% bonus up to 450 CAD |
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20Bet
5
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100% UP TO180 C$ + 120 FREE SPINS |
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Things to look for in a payment platform
First, research the company. Every company is different and they operate under different protocols regarding your balance, winnings, and personal details. See if the payment platform offers these:
- Security – Protects banking details and banking information
- Privacy – Does not publicize your personal details
- Speed – When you send a withdrawal request or deposit, it doesn’t take forever to go through
Gamblers transfer money from their online accounts to gambling sites to allow for game time and withdraw money from their casino account to claim their winnings. Once you’ve chosen which company you want to use, connect your preferred payment method to your casino account and it will easily transfer over.
Popular Casino Payment Methods in Canada
Casino players and casino operators need ways to easily access their funds. Since casinos revolve around money, the financial workings are a major part of it. Gambling sites, players, and operators depend on payment platforms’ stellar security and privacy to run.
Credit Cards, Debit Cards & Prepaid Cards
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Credit Card
A credit card offers a large sum of funds without touching the owner’s personal savings. Some credit cards contain high withdrawal limits (upward of tens of thousands of dollars). However much you spend, though, you need to pay back or else your credit score will plummet. All Canadian casino sites accept credit cards.
There are two major credit card providers: Visa and Mastercard. Both are widely used with not much distinction aside from the rules the banks create. Visa is slightly more popular and universally available. While Mastercard is simple and secure for casino deposits.
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Debit Card
A popular choice as it limits the amount of funds players can access to the amount in their bank account. Most sites permit the major Canadian banking institutions such as BMO, Scotiabank, RBC, TD Bank, etc. Banks use top-of-the-line security measures to keep your data safe. Debit cards online gambling balance
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Prepaid Card
Prepaid cards offer convenience. Similar to debit cards, you’re using the money you already own (the money loaded on the card). Prepaid cards, however, are not connected to your financial institution, making them less traceable and limited to the money pre-loaded on them.
Advantages and Disadvantages of Using A Credit/Debit Card
Advantages:
- Secure
- Trustworthy
- Uses
Disadvantages:
- Your personal data is attached to your account
- Not all banks accept casino payment. With toughening and stricter regulations, customers should check with the issuing bank before attempting to claim gambling payments.
Wiring Services vs. E-transfer
Outside of the gambling society, Canadians use bank wire transfer (or email transfer, also known as ‘e-transfer’) to send money from one person to another. For Canadians, e-transfer is more common than using digital wallet platforms. The ease of use combined with the simplicity creates a quick and secure method to pay. It takes seconds to transfer and it can be done directly from a mobile device using the banking app or a desktop.
Depending on the financial institution and account associated, e-transfer may be free or at a cost. The transactions are usually instantaneous, aside from large sums of money, which may take longer to fully process.
However, the drawback with e-transfer is that it requires an email to transfer funds from one account to another. An online casino will not give you their email for that purpose. Instead, they rely on a bank transfer, credit/debit card, or digital wallet to collect and send payments.
Bank Transfers and Wiring Transfer service
Out of the two methods we’ve mentioned so far, bank wire is the least liked by consumers. The withdrawal times are much longer, meaning you’ll need to wait longer to get your winnings in your pocket. When setting it up, you need your sort code and account number.
Instant bank transfer providers supply quick deposit options, making funding your account easy. The following payment options are the top casino deposit methods:
Wire Transfer
A small fee may be charged when using this deposit and withdrawal method. With it, you can move money from your chequing account to your casino account without much hassle.
Much Better
A global app that combines bank wiring with digital wallets. The transfers are instant, fast, and safe. The end-to-end security along with the dynamic CVV (the 3-digits change for every transaction) creates a unique and secure experience.
eCheck
Similar to the notion of a cheque, eCheck uses funds from the player’s bank account to pay for any transactions. It sends the money from your account to the merchant’s PayPal account. On average, it takes 6 business days for it to clear. This platform is well-loved by players in Canada and perfect for online casino players with a bit of patience.
InstaDebit
Available to all Canadians, InstaDebit is a bank-based app that allows you to securely make payments without sharing your banking info. It’s accepted by most casinos, and it’s quick and safe.
Important to Know
Online wagering sites are heavily regulated. By law, authorities ask casinos to verify all their players’ age (18+), names, and places of residence. Keeping track of customers helps authorities monitor risky or suspicious individuals. When you make your first withdrawal, verification is typically required. After the first withdrawal, you won’t need to enter your card details again.
eWallet
eWallet is another form of payment aside from the traditional forms listed above. Transactions are conducted electronically through a financial platform such as PayPal. Although these platforms can sound quite risky, they are still connected to your chequing account and offer players a method to withdraw cash.
These platforms, similar to a debit card, use the finances you own to fund your account. These sites offer greater security over your data, card number, and other card details. It adds a layer of protection to your identity as well. Although there are many reputable sites, hackers often target these areas to steal.
The most popular digital wallet platforms in the Canadian casino world include PayPal, Netweller, iDebt, EcoPayz, Skrill, instaDebit, PayForIt, PayNearMe, and Citadel. With so many choices to choose from, it may be difficult to choose one. We’ve included the top ones below:
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PayPal
A common tool for online payments in Canada, PayPal allows quick transactions. This company won’t charge fees if you use a Canadian casino website, however, if you decide to play abroad, fees can apply. Access your balance through a desktop or on your mobile phone.
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Neteller
Arguably the most popular and widely accepted eWallet for casinos, Neteller offers users a fast, secure, and safe way to withdraw and deposit funds. It provides flexibility in the way the transactions operate. Connect to your debit or credit card, use a prepaid card, or convert your cryptocurrency (i.e. Bitcoin) into digital money in the app! Neteller also makes converting other currencies easy. This app gives customers safe, secure, fast transactions!
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PayNearMe
This eWallet supply users with exceptional security when using their deposit method. No need to connect to a bank account with this method, you can deposit money from anywhere to fund your PayNearMe account. This option keeps your personal data safe as it is virtually traceless.
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PaySafeCard
Owned by Skrill, the PaySafeCard offers customers secure online casino payment methods. This site combines prepaid with online casino payment options to confidentially protect their funds with 16-pin code vouchers. The PaySafeCard
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Skrill
Made with casinos in mind, Skrill is a popular casino deposit option for Canadians. Owned by PaySafe Group, it follows Canadian regulations and permits users to quickly deposit and withdraw from their accounts.
Whichever casino deposit methods you use, keep in mind the restrictions. Not every deposit method is created quickly. Long deposit, withdrawal, and processing times may hinder the wagering process. Patience is key with any deposit method.
Cryptocurrency and alternative currencies
Even though cryptocurrency gained recognition in the world as an alternative form of currency, it is still very fluid and unpredictable. As such only rare online casinos accept crypto as a method to fund your account.
Bitcoin
If you are Canadian, it is legal to play casinos. Although Bitcoin is the most popular form of decentralized currency, it is still not accepted as a legitimate form of payment in some places. This principle applies to casino gaming as well. However, the places that do accept it as a currency, regard it as the go-to alternative currency.
Ethereum
Ethereum is the second-largest alternative currency. Run by the community, Ethereum built a digital economy that gives people without traditional banking accounts, a way to send and receive funds.
What is the safest payment option in 2024?
Our advice is to place priority on the payment option that feels right with your situation. Our society places a lot of trust in online sites by inputting our information, but hackers are smart and they might find loopholes to access your information. For some, the less data they provide, the securer they feel. Although casinos do require verification to confirm your age and identity, you can limit the financial data you share with them. Protecting yourself helps stop malware, hackers, and viruses from infiltrating.
Conducting research into the various types of payment methods draws you closer to privacy and true comfort. Ensure that the websites, apps, and platforms you use offer security measures to keep you safe.
Online casino payment methods offer website players a way to play the casino games they love! It is completely personal what banking method you choose.
How To Choose the Best Casino Payment Method
- First, ask
How much your bank details matter to you. Do you value your privacy? Are you okay with the payment methods you chose sharing your data with the casino?
- Then, do research
What are the fees? What is the processing time like? If your lifestyle is spontaneous, it might be best to avoid slow processing platforms. These considerations will help you pick your banking methods.
- Finally, pick one
Choose based on your answers to the questions above. Then check with any casino you’re interested in to ensure it is accepted. Some institutions have rules about gambling.
Payment System Deposit and Withdrawal Limits
How long it takes to process a deposit or withdrawal may affect your choice and ability to play. Below we’ve listed the most common payment options and how long it takes to make it easier on you.
| Method | Deposit Time | Withdrawal Time | Min. Transaction | Max Transaction |
|---|---|---|---|---|
| Visa | Instant | Varies | $5 | $20,000 |
| Mastercard | Instant | Varies | $5 | $20,000 |
| PayPal | Instant | 24 hours | $10 | $5500 |
| Neteller | Instant | 24 Hours | $10 | $5000 |
Can I get online casino credit?
Aside from funding your online gambling yourself, sometimes online casinos offer credit as a bonus and an act of good customer service to reward loyalty. Credit are bonus preset funds customers can tap into without coughing up extra dollars. Players use credit to pay for extra chips and other gambling. Similar to a credit card, after a period of time passes, credit must be repaid from your account.
The Best Online Casinos for Casino Games in 2024
For the best experiences, we recommend the following casinos that host thousands of games:
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20 Bet
20Bet is an online casino with a variety of casino games! Peruse their casino with 1000s of games or play with real dealers and try premium games such as roulette, black jacket, baccarat, poker, and others.
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22 Bet
22Bet proudly offers tons of categories and hundreds of online casino games, slots, and live dealer titles. Become immersed when you use pragmatic play, it’s the most true-to-life way to play casinos online.
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National
National is a Canadian ran and owned online casino gambling site with over 4000+ casino games. Play for a chance to win real money. See if you can beat the odds and win big.
What to look for in an online casino?
There are several things to look out for when looking for an online casino in Canada:
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Encrypted casino payment method
To protect your financial data, all casino sites should be encrypted. Payment also takes time to prevent cheating and fraudulent practices. Without verification, you cannot cash out. E-gaming platforms need to limit their losses.
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Licensed
A legit, Canadian casino site is licensed and won’t rig games to rip you off.
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SSL Secured
Hackers are prevalent online. A legit casino will secure their info, and use protocols that encrypt servers and secure online transactions.
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Fun, highly addictive casino games
The best casinos offer a good amount of games, including the most popular.
What goes into your choice?
Choosing the right payment methods for your favorite online casino involves a lot of care and consideration. When gambling in Canada, you must consider the legal obligations of the individual casinos, the house rules, and the payment providers’ rules (ex. casino owners must be licensed). If you live outside of Canada, research the rules that govern your state/province or country.
We pride ourselves on being the best website source for casino games. Our team studied casinos in Canada and all over the world to aid you. Through research and expert knowledge, we’ve listed some great payment options for Canadians above. They offer the most secure payment methods. Browse through our website for more helpful information to guide your experience in choosing an online casino site.