After many years of waiting for online gambling to become legally allowed, Canada finally changed its law in 2009. Today, it allows players to play poker and other casino games online. In fact, the country allows its provinces to set rules for gambling so, depending on where you are, you can find diverse laws in terms of playing casino games online.
Thanks to this change, the number of online casinos that welcome players has grown greatly in Canada. Today, there are many deposit options, both in terms of deposit amounts and banking methods used. While gambling was reserved for the rich in the past, now everyone can play at online casinos thanks to diverse deposit options. You can easily hop onto the best $1 deposit online casinos in Canada and play with a $1 deposit – and even claim bonuses to use to play some more!
In this article, we’ll talk about the options you have to make a casino deposit and the methods you can use in Canada.
Deposit Options for Different Budgets in Canada
Casinos available to Canadian players come with many different perks. Some have an incredible welcome bonus with good terms, so you can play longer and for free. Others grant players free spins just for signing up or have no wager bonus that requires no playthrough.
In the end, no matter how great these things are, players will choose a casino based on their budget. Those on a more limited budget will go for casinos that allow for small deposits. High rollers will go to the sites with bigger deposit requirements and grander bonuses.
These days, you can gamble on Canadian casinos that allow for deposits of a single dollar! Some other low-deposit options are:
- 5-dollar minimum deposit casinos
- 10 dollar minimum deposit casinos
- 20 dollar minimum deposit casinos
Gambling with a low sum allows players to play casino games even if they have a minimal budget, but that’s not the only benefit from this. Many of the casinos these days offer bonuses to players even if they deposit a low sum. This also gives them a chance to test games they haven’t played, form strategies, and decide if the casino they chose is a good choice.
Deposit Banking Options for Canadian Players
In physical casinos, you can usually play only with cash. There might also be an ATM for you to withdraw funds, but most casinos are limited to these two options.
Online casinos are very different. There are many options players can use, especially when it comes to withdrawals. While we can’t list every available method, we can share with you the most popular deposit options for Canadian players in online casinos today:
Credit and Debit Cards
Credit and debit cards remain the most used method by gamblers today. There are over 29 billion cards in the world at this moment, and most of the cards are on their owners at all times. This makes them very convenient, not to mention extremely simple to use.
To deposit with cards, you just need to enter the numbers you see on them. Most Canadians these days use Visa and MasterCard, which are the two most commonly found deposit options at online casinos.
In Canada, you can find Visa and MasterCard cards in most banks including Vancouver City Savings Credit Union, Le Mouvement Desjardins, Royal Bank of Canada, Citizens Bank, and more.
While these aren’t available for withdrawals, they are a very popular deposit option in Canada. Prepaid cards like Paysafecard allow players to deposit without disclosing any bank details. They can control their gambling budget by buying a card with a set amount, and it is as easy to use as credit and debit cards.
Canadians love using Instadebit for different reasons. Firstly, this method allows for instant withdrawals in addition to deposits. There’s no paperwork connected with it. Secondly, the method is very easy to use, comes without fees, and is very secure. If you want to use this method, you need to link it to your account in RBC, Scotiabank, TD, BMO, and a few others.
Canadian gamblers also frequently choose this method, available in their country. Interac is a payment processing solution that you can use for safer deposits by sourcing money from your existing bank account. You need to link your Interac account with one of its partnering institutions – there are 250 of them.
Now, whether this option is available for withdrawal depends on the product you use. You can use Interac e-Transfer to make deposits and withdrawals. You can use Interac Online only for deposits.
Options at online casinos in Canada grow every day, and not just in terms of which casino you can gamble at or what bonus you can claim. You can also pick and choose between casinos with different minimum deposit options – or maximum withdrawals, for that matter. The casinos are offering more deposit options than ever, making gambling even more enjoyable and accessible.