Anyone can easily check a casino for safety and reliability. Firstly, you need to find the license number and date. Secondly, the security measures of the casino such as SSL encryption. And finally, you need to check if the operator provides fair games.
The Canadian taxation authorities don’t oblige anyone to pay tax on winnings from gambling. However, this applies only to BC players who have another source of income, for example, a regular full-time job. If you consider gambling as your profession and earn money only from casinos, you will have to pay taxes on your winnings. On the bright side, you can also legally deduct your gambling losses.
It may be possible if you know the hands of your opponents and you know what to do with your own hand. But it is not possible to know the hands of all players. So you can only practice and master the game if you want to earn money by playing poker. However, even though you become the best poker player, there is no guarantee you will win on each hand.
Generally, casinos are a challenging topic, and if we are talking about online casinos, these are even trickier things. In an online environment it is way too easy to be deceived because you never know who is on the other end: a decent casino owner or a fraud. And there are many kinds of them both on the market. The question is, are they both trustworthy?
What are scam casinos?
Speaking of the frauds, there is nothing to say much about trust. Such casinos are total scams, and everyone must stay away from them. How to identify a scam? As a rule, these scammed casinos do not hold licences for their activity and do not show the company information to the public. They have weird terms (which usually they do not follow) and insane wagering requirements. The scams allow you to play and win, but when it comes to payout, they turn silent, ignore your messages and even block your account.
Can you trust legal casinos?
As for decent casinos out there, everything is exactly the opposite. They are more trusted for the reason that they are at least certified and licensed. They show the company official name and address. The requirements and rules they obligate you to follow are normal and do not go beyond the bounds. Nevertheless, some players complain about the work of decent casinos. They may not permit a withdrawal to a bank account. Support team usually solves such issues. You can check feedback comments about casinos to assure yourself of their decency.
There is another danger with decent casinos. Here come again frauds and breaches in the security system. The former can steal your identity and take all your money away. This is an identity theft. The latter, security breaches, can occur someday and somehow. Probably made by the same frauds. Whatever it is, casinos swear they ensure security with the best encryption and protective technologies keeping guard all day and night long. But who is insured against system collapse?
To conclude this topic, let us recommend the following tips: find a decent casino online, make a double protection of your account yourself with the corresponding settings, do not deposit too much, request for withdrawal frequently and, just in case, have an individual card or e-wallet for all your deposits and withdrawals at the casino.
No. This is strongly prohibited. You can only use your real money to qualify for the prizes of Mega Moolah Madness. So if you have some bonus money on your balance, we recommend wagering it and converting it into real money before playing Mega Moolah.
The best casino bonuses are those that have zero or low wagering requirements. If your casino offers you a deposit match bonus with a 10x playthrough requirement, why not taking it? There are also good casino bonuses like cashback and loyalty rewards. Some casinos launch tournaments with big prize pools of pure cash.