Online gambling appeared in the second half of the 1990’s. It was a product that quickly grew and became one of the most profitable internet based businesses. Gambling through the internet, nowadays, is also one of the most popular hobbies around the world. Numbers wise, it has been growing exponentially since its birth and continues to evolve day by day.
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The story of online gambling is not without disappointing happenings. Unfortunately there have been some operators who have damaged the image and reputation of this industry. As in any other business, there have been corrupt and dishonest gambling websites that have taken advantage of their customers.
The good news is that approximately 20 years, since the appearance of online gambling, players enjoy of a vast variety of gambling sites that offer professional, reliable and honest service. This doesn’t mean that the market has no bad apples, but with some good research and reasonable thinking anyone can easily find a trust worthy online gambling site to enjoy of no hassle action and fast payments.
The Evolution of Online Gambling
Gambling sites are way different nowadays from what they were 2 decades ago. In the past the main products available were sportsbooks and online casinos. Most of the online gambling sites used to offer just one product and there was a clear division between sportsbooks and online casinos. Some companies continue to offer just one product, but since the early 2000’s, the trend has been that most operators offer as many products as possible. This makes a lot of sense. Why have your customers go to other websites, if you can offer them sports, poker, casino and bingo in one website?
Several new gambling options have emerged as well. In the sports betting industry live betting has gained a lot of popularity. Players are allowed to bet on the outcome of a game and the odds change as the game is played. In online casinos, live dealer applications have become quite demanded. The ability to play with a live dealer and table gives the online gambler a much more realistic experience. Online poker players now play up to 30 tables per session making online poker a whole different experience and creating a brand new generation of online grinders who manage to play multiple hands at the same time.
Money Transactions for Canadian
Canadian players have the advantage of freely depositing funds for online gambling purposes. The Canadian government has invested little efforts in forbidding online gambling and the country has become sort of a paradise for major online poker and casino players looking to avoid the strict rules the U.S. government has imposed towards internet gambling operations.
Nowadays, most of the online gambling websites, including poker sites, casinos, sportsbooks and bingos offer a variety of funding methods. Most of them are friendly with Canadian banks and compatible with Visa and Master Cards issued in Canada.
Neteller has always been one of the favorite and most used methods by Canadians when it comes to online gambling and funding online casino accounts. The service works like an electronic wallet which is easily linked with bank accounts and gambling accounts for easy funds transfer.
Moneybookers-Skrill is a United Kingdom service very similar to Neteller. In the last years, it has gained a lot of power and popularity among European gamblers but their service works perfectly with Canadian bank accounts and credit cards.
Visa and MasterCard continue to be the most popular methods for online casino deposits. Several online casinos offer the options to transfer winnings to Visa and MasterCard credit and debit cards, but it’s a service only a few provide.
Bank wires and checks are also useful for Canadian online gamblers, however these methods have loss popularity since they take time to clear and sometimes players found them complicated to use.
Paypal recently has allowed some countries to use their accounts for gambling purposes but for the time only some European countries are allowed to use this method. It is expected for Paypal to be available to Canadian players in a short time. Paypal will become a major competitor to the other e-wallet services currently catering the online gaming community.
Canadians have hundreds of options when it comes to online gambling. It is highly recommended for players to research about the site they are planning to use and make sure they have the experience, reputation and time in the industry so that gaming experience is the most reliable one.