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A Brief Look at CAD Casino Sites
The Canadian dollar is a currency of Canada and is also unofficially used by Saint Pierre and Miquelon. Recently, it has significantly strengthened its position and can be called one of the safest currencies in the world. No wonder why a Canadian dollar online casino is in high demand.
The gambling market in Canada is perfectly regulated and local players have access to thousands of international websites. They can also play at new Canadian online casinos using their currency. Apart from the absence of transaction fees, acceptance of CAD significantly contributes to safe and transparent gambling. Players don’t have to worry about confusing indicated sums and spending more than they have planned.
Canadian Dollar Casino Safety (Checklist)
If you want to gamble safely, a chosen Canadian dollar online casino should meet a variety of requirements. At Gamblorium we do our best to protect you from scammers and want to share our personal list of criteria for picking a reliable gambling site:
- International licenses.
- They show that a casino is checked, audited, and follows the laws. There are many licensing authorities on the gambling market but the most reputable is the UKGC and MGA. Canada also has its own authority – Kahnawake gaming commission which operates on the Mohawk territory.
- Policies for your safety.
- These policies concern cookies storage, sharing your personal information and banking details, and much more. A reliable website has information on its policies in open access.
- Only well-known software developers.
- Games from the leading companies are always fair and transparent, so you won’t have to face rigged results. You should also check whether a casino has a broad lobby with the games you prefer.
- Solid reputation.
- Check what other players say about the casino: what they like and dislike. But choose independent websites that post objective reviews and not paid ones.
If you are looking for an online casino with CAD but don’t want to spend time and nerves, just pick one of the platforms below or on our website.
Top Canadian Dollar Casinos
When choosing a casino CAD in the list of currencies is a significant advantage. However, hundreds of platforms offer it, so how to pick the best one? Our experts are ready to share their opinion and tell you about the most popular websites for Canadians at the moment:
Play Frank
It has a modern design and smooth navigation. Players can get a welcome package of $300 and 200 free spins, and participate in daily challenges with outstanding rewards. Play Frank has more than 750 games in total and one of the biggest collections of live titles (113 games).
Free Spins
€/$300 / 200 FS
CasiGo
This casino is licensed both by the MGA and the UKGC, ensuring transparency and fairness of the games. CasiGo was launched in 2020 and already has more than 1,000 games in the lobby. And with a huge welcome package, you’ll surely get a significant advantage.
Free Spins
€/$1100 / 375 FS
Jonny Jackpot
This gambling site has everything a player needs: international licenses, 128-bit encryption, games from the leading software developers, and friendly customer support. Plus, at Jonny Jackpot players are offered a 100% match bonus of up to $1,000.
Free Spins
€/$1000 / 100 FS
Popular Deposit Methods at Casinos with CAD
When joining a Canadian dollar casino, players should devote much attention to the list of available banking methods. They may either make your gambling experience simple or cause lots of stress and worries. If you don’t know which methods to choose, just read about the most popular deposit options below.
Deposit & Withdrawal Limits
When picking online casinos CAD in the list of currencies shouldn’t be the only criteria. We also recommend learning about possible limitations in advance. For example, some platforms might require you to deposit at least CA$50 which is a rather significant amount, especially for players with a limited budget. Fortunately, there are online casinos with a minimum deposit where you don’t have to spend much to start playing. Other limitations concern maximum withdrawals, as well as the sum you can cash out during one transaction.
Processing & Payout Times
We all want a fast casino payout but unfortunately, it is not always possible. There are two reasons why players may face delays. The first one is a long-lasting pending time of the chosen online casino with CAD. It may take platforms several days to verify and approve the transaction. The second reason is the processing time of a particular payment method (it may vary from several hours with e-wallets to a few weeks with cheques).
Attractive Casino Bonus Offers
Who doesn’t dream of rewarding casino bonuses? They make the gambling experience brighter and allow spending less. While land-based casinos are rather stingy when it comes to promotions, at gambling websites you will surely find an offer to taste.
Some bonuses are given only upon registration, while others can be claimed during holidays and birthdays. There are cash rewards, free spins, returns on losses, and many other bonuses that you should pay attention to. The most popular are:
- Welcome bonuses (a match offer + free spins);
- Reload bonuses;
- VIP tournaments;
- Loyalty schemes;
- Referral programs;
- Birthday gifts;
- Cashback.
Benefits & Drawbacks of Gambling at Online Casinos Using Canadian Dollars
While casinos that take Canadian dollars are extremely popular, you shouldn’t forget that they might not fit your requirements and preferences. To make an informed decision, you should consider both pros and cons. Below we have made a comparison of the benefits and drawbacks when playing at CAD casinos.
| Benefits: | Drawbacks: |
|---|---|
| No conversion payments; | A small number of casinos to choose from; |
| You always know how much you spend; | Some payment methods might not accept it. |
| Currency fluctuations are not your concern; | |
| Exclusive offers for Canadian players; | |
| Usually, such casinos are translated into Canadian English and Canadian French. |
Casinos that Don’t Accept CAD Dollars
Players may come across casinos which don’t have Canadian dollars in the list of accepted currencies. But you shouldn’t leave the website because this doesn’t mean that Canadians can’t play there. If the casino offers the games you are looking for, has rewarding promotions, and looks appealing, you may consider playing with another currency. But before making a decision, weigh all the pros and cons stated above.
Alternatives to CAD Payments
Even though there are numerous online casinos that accept CAD, players are often researching the opportunities trying to find the most rewarding promotions and broadest lobby. Even if the platform doesn’t accept their national currency. The most popular alternatives to Canadian dollars are:
- USD. It was introduced at the end of the 18th century and quickly gained leading positions in the world. The US dollar is used not only in America but in tens of countries across the world and is the most common currency among gamblers.
- EUR. Euro is the second largest currency in the world which is used by more than 340 million people in the eurozone. You can find EUR in the majority of casinos and don’t have to worry about value fluctuations.
History of Canadian Dollar
The Canadian dollar has come a long way since the country’s independence was proclaimed. In the period between 1841 – 1858, the national currency has had lots of names including the Canadian pound, British Columbia dollar, Nova Scotian dollar, and finally Canadian dollar. The dollar coin has a picture of a loon on the back and is sometimes called loonie not only by Canadians but also by foreigners and traders. CAD occupies a fifth place among most held reserve currencies. Usually, it is abbreviated with a $ sign but can also be referred to as C$, CA$, and Can$ not to be confused with the US dollar.
FAQs
Are online casinos with Canadian dollars safe?
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When searching for a casino to play at, you need to look not at the list of accepted currencies but at the licenses and guarantees it provides. A fully licensed and publicly audited casino should be your priority.
Can I get a welcome bonus in a casino that accepts Canadian dollars?
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Yes, Canadian players have access to the same bonuses as other gamblers. Plus, there are often location-targeted promotions that are available only for Canadians.
What is the best payment methods for casinos accepting the Canadian dollar?
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CAD is a very popular currency, so most banking options accept it. We recommend choosing debit/credit cards, Paysafecard, Interac, and other methods discussed in this guide.
Are there any fees or limits involved?
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Yes, there are and they vary. For example, banking operators have different transaction fees and casinos – the minimum and maximum amounts of deposits and withdrawals. Read the T&Cs attentively before making a deposit or requesting a cash-out.
Posted by: Garet Smith
Expert in casino payments
Garet has been collaborating with different international media related to iGaming sector for a long time now. Due to his deep knowledge in the field of finances, he knows almost everything about payment processing at online casinos and is more than happy to share it with others.