Canadian Regulations on Crypto and Gambling Sites
Despite the level of hype and advertising, don’t assume that it is automatically legal to gamble on crypto gambling sites using digital currencies.
While a country might allow gambling, it may not permit crypto, and vice versa. If you’re found to be using a Bitcoin gambling site from a restricted area, the site can freeze your account and even confiscate your funds.
Fortunately, Canadian residents are free to use Canadian Bitcoin gambling sites!
I live in Canada. Can I legally use Bitcoin?
Yes, residents of Canada are legally protected, should they choose to make Bitcoin transactions or buy/sell it on exchanges.
Despite the easy availability of digital assets, they are not considered legal tender.
Consequently, there’s no possibility of using it to pay taxes you owe to the Canadian Revenue Agency (CRA).
Yet, the Agency considers profits on digital currency as taxable.
Accordingly, during tax season, you have to outline any profit/loss on it.
While there is regulation surrounding exchanges, it is not the same situation regarding crypto coins.
Therefore, many businesses remain unwilling to accept them as payment without the protection of a central authority.
While crypto gambling sites acknowledge the danger, they see it as a trade-off for healthier profits and greater visibility.
How to Choose the Best Crypto Gambling Sites in Canada in 2025
The market’s rapid growth means a dizzying number of Bitcoin gambling sites are available to Canadians. Yet, it is essential to take your time and choose carefully.
If you don’t, there’s a danger of picking a poor fit for your requirements.
Fortunately for you, here at CryptoGambling.ca, we’ve created an overview of the criteria to consider when searching for a suitable Bitcoin gambling site.
Reputation
Few things matter in your search more than locating crypto gambling sites that accept BTC with positive reputations.
If the cryptocurrency gambling website keeps your crypto and refuses to release the funds, you are powerless to stop it.
The non-reversible nature of digital currency transactions means there is no central authority to take action on your behalf.
Therefore, it makes sense to check out our reviews to learn more about the reputation of Bitcoin gambling sites.
Overall, it is essential to discover if the crypto gambling website:
- Is trustworthy
- Enables you to get hold of your money easily
- Has rapid and reliable customer support
Payments
With cryptocurrency, there is little waiting around for a transaction to go through.
Nonetheless, some BTC gambling websites are slower to process payments than others and have other constraints.
Here are three questions to ask regarding crypto gambling site transactions:
- How long must you wait for deposits & withdrawals to process?
- Does it accept popular digital currencies? (These include ETH, DOGE, BTC, and LTC)
- How much are you allowed to deposit and withdraw at once?
Variety & quality of what’s on offer
If a Bitcoin gambling site doesn’t have enough options to keep you entertained, you’re not likely to persevere with it.
Regardless of all the other features on BTC gambling sites, if they offer limited choices, it won’t take long for you to get bored.
Therefore, investigate a site’s sports betting markets, casino game catalogue and any special features to see if it holds your attention.
Additionally, take into account the general quality of the site.
Bonuses & other benefits
Typically, gambling sites offer bonuses as a means of bringing in new customers and rewarding existing players for their loyalty.
The types of rewards on offer include, but aren’t limited to:
- Welcome bonus
- Bonuses for using Bitcoin
- VIP programs
- No deposit bonuses
- Reload bonuses
Ensure you read the terms and conditions attached to each bonus before you opt in to any bonus.
When it comes to casino bonuses, look for T&Cs such as expiry dates, excluded games, wagering requirements, game weighting and maximum win caps.
For sports betting, also look for the expiry date and wagering requirement, as well as minimum odds, excluded matches or events and max win caps.
Customer support
The site you want to use is one that genuinely cares about its clientele.
By themselves, good features and easy deposits aren’t guaranteed to offer a good user experience. When Bitcoin gambling sites ignore their customers, they are a waste of your time and money. If you use a gambling site with rude or unresponsive customer support, it is easy to get annoyed.
By contrast, Bitcoin gambling sites dedicated to high-quality customer service are usually highly rated. Look for as close to 24/7 customer support as possible, as well as multiple ways to get in touch with the team.
An email and/or contact form is the bare minimum, but a toll-free telephone number and live chat feature are considered more convenient and more modern options. They also show true dedication to customer satisfaction.
Find the Best Canadian Crypto Gambling Sites at Cryptogambling.ca
You’ll find a ton of information about crypto gambling sites online. Unfortunately, you can’t trust a LOT of it!
In most cases, sites that provide false information are too lazy to find the truth. However, we use as many resources as possible to provide the best review of a gambling website. It takes many hours of gameplay to ensure we get enough information.
We do this because we believe it is the only way to create the industry’s best review content. We have already reviewed a staggering number of crypto gambling sites and are far from being finished.
Main Cryptocurrencies on Offer at Canadian Crypto Gambling Sites
These days, there are countless cryptocurrencies on the market, with new ones seemingly created each day.
Even so, don’t expect any gambling website to offer too many options.
Below, you’ll find details of the four main digital currencies commonly used on gambling platforms.
Bitcoin (BTC)
An unknown collective or individual named ‘Satoshi Nakamoto’ created Bitcoin, the first crypto asset, in January 2009. It became the first cryptocurrency to exceed a market cap of $1 trillion, and its growth shows no signs of stopping. The popularity and worth of Bitcoin mean that crypto gambling websites welcome its use.
On the downside, it costs a huge amount of money to own a full BTC these days. On the plus side, the Bitcoin network is incredibly secure and has never been successfully hacked.
Ethereum (ETH)
Launched in 2015 by Vitalik Buterin and a group of developers, Ethereum isn’t just another digital currency. It introduced the revolutionary concept of smart contracts, which are self-executing agreements that live on the blockchain. This functionality turned Ethereum into the backbone of a thriving decentralized application ecosystem.
In the gambling world, Ethereum’s smart contracts enable provably fair games and decentralized casinos, where trust in a central authority isn’t required. Its relatively fast transaction times and wide acceptance have solidified Ethereum gambling sites as preferred destinations for fans of crypto gambling.
Litecoin (LTC)
Litecoin was created in 2011 by former Google engineer Charlie Lee. Often referred to as the “silver to Bitcoin’s gold,” Litecoin was designed to offer faster transaction confirmations and lower fees than its older sibling.
Using the Scrypt algorithm, it achieves block times of around 2.5 minutes, making it far more efficient for high-volume, low-value transactions – just the kind commonly seen in online betting.
Thanks to its reliability and speed, Litecoin gambling sites remain popular with online casino gamers all over the world.
Dogecoin (DOGE)
The original memecoin, Dogecoin started life as a light-hearted internet joke. Created in 2013 by Billy Markus and Jackson Palmer, DOGE borrowed much of its code from Litecoin but wrapped it in the viral energy of the Doge meme.
Despite its comedic origins, Dogecoin quickly gained a passionate community and surprising longevity.
For crypto gambling sites, Dogecoin’s low transaction fees and fast block times make it a practical option, especially for micro-betting and casual players who enjoy the fun, approachable vibe that DOGE gambling sites bring to the table.
Here’s Why You Should Select Crypto Gambling Sites in Canada
Given the amount of advertising regarding Bitcoin gambling sites, you’re likely wondering if the praise is deserved.
We’re not suggesting that crypto gambling sites are categorically better than traditional casinos and sportsbooks, but there are many advantages that they have over fiat operators that make them a great choice when looking for a great new site.
Keep reading to discover why you should choose them.
Protect your privacy
When you use a traditional gambling site, some parties may be interested in this activity, and they don’t see it as just a hobby to enjoy.
Banks, in particular, can see every deposit and withdrawal you make and can use this information to influence their decision when it comes to approving something like a loan or a mortgage in the future.
Many banks will refuse credit to customers if there is evidence of gambling on their monthly statement or credit card bill. However, with Bitcoin gambling sites, you get the anonymity you deserve.
Crypto transactions take place away from the prying eyes of banks, lenders and any other party that may have a vested interest in your economic activity.
As a result, you can enjoy everything on offer at a crypto gambling site with full anonymity and no worries about banks spying on you.
Crypto offers a more modern approach to gambling online
Fiat currency is old-fashioned and no longer suitable for the world we live in. Excessive printing of fiat means it has reduced purchasing power from one year to the next. This means the $1,000 fiat in your account today will be worth less in real terms five years from now. The biggest crypto assets are different insofar as they are currently growing in value.
Consequently, if you earn crypto on a gambling platform, it could act as a hedge against the inflation that cripples fiat.
Ultimately, fiat’s time is up. The time now is for crypto.
Safer transactions
Those who oppose digital currencies outline the problems with theft and computer hacking.
Nonetheless, the majority of problems relate to cryptocurrency exchanges.
In contrast, reputable Canadian crypto gambling sites are relatively ‘safe.’
Bitcoin transactions are encrypted and verified multiple times on the network.
Also, the private keys used in transfers are long and exceedingly hard to decode.
Crypto experts often point out that debit and credit cards are more vulnerable than cryptocurrency.
Exceptional user experience
Those who try BTC gambling websites often claim they find them more entertaining than conventional gambling websites.
Here are a few other advantages that lead to a superior UX:
- Rapid transaction times, so you’re not waiting to fund your account
- Lower transaction fees
- Additional bonuses when gambling with crypto
- Up-to-date web design
- Increased limits on deposits and withdrawals
- A smaller chance of having your account closed for winning
If you like gambling, you should make the switch to Bitcoin gambling sites and leave conventional sites in the past, where they belong.
How do Canadian Crypto Gambling Sites Attract Players?
Ultimately, the best BTC gambling websites represent a one-stop shop for anyone interested in gambling online.
Bitcoin gambling sites offer practically every sport and market you can think of, and are slower to restrict winners than many soft bookies.
They also provide a large choice of casino games. Not to mention poker tournaments where you get to compete against real opponents.
If you’re feeling confident, you can use multiple tables at once, something that’s physically impossible in a land-based casino.
Crypto sports betting
Crypto sports betting sites offer an impressive amount of sports and markets.
We’ve now reached the stage where such providers can match or even exceed the range of sports markets offered by fiat gambling sites.
Crypto gambling sites will give you what you need, whether it is a market for a world title fight in boxing or the Super Bowl.
You can even get involved on major events such as the World Cup or Olympic Games.
Punters who had their accounts closed by fiat gambling sites are keen to get involved in cryptocurrency gambling sites.
They get to begin all over again and use their vast knowledge to potentially generate long-term profit.
The house may have the edge overall, but a small percentage of people can beat the gambling websites.
Now that crypto gambling sites cater to their needs, these skillful individuals have somewhere to go.
Bitcoin poker sites
Even though there’s a lot to enjoy about video poker, it isn’t the same as a tense game against fellow humans.
When you use BTC gambling websites, you have the opportunity to test your skills against fellow players.
These casinos offer numerous poker versions; here are two of the most popular.
Five-card draw
Five Card Draw remains a popular poker variant, with every individual receiving five cards face down.
Each person places an ante into the pot before seeing their cards and gambling accordingly.
To win crypto after the first gamble, you can continue with your five cards or discard up to three and ask for new ones.
Texas Holdem
Few poker variants have ever captured global attention like Texas Hold ’em.
After receiving two cards, the players have the chance to improve their hands using up to five extra community cards.
The goal is to try and make the best possible five-card hand.
If you want real drama, try No-Limit Texas Holdem, but only if you can afford it.
Crypto casino games
If you can’t get to a real casino, Bitcoin gambling sites are a worthy substitute.
Lovers of traditional casino games are delighted to find the likes of baccarat, blackjack, and roulette on offer.
Apart from giving you the old-school feel of casino staples, BTC gambling websites add a new twist.
Of course, these companies always retain the house advantage, so take note of the games where the edge is at its smallest.
For example, in baccarat, the casino’s edge is smaller if you gamble crypto on the banker instead of the player.
Other great cryptocurrency gambling website gaming options include Keno, Let Em Ride, and Vegas Three Card Rummy.
Where is the Best Place to Purchase Crypto?
You can purchase crypto on exchanges and, sometimes, at the crypto gambling sites themselves.
Bear in mind, these exchanges are regulated like money services businesses in Canada.
Consequently, to continue operating, these organizations must comply with rules relating to verification, recordkeeping, reporting, and a whole lot more.
In June 2020, new legislation mandated that digital exchanges had to register with FinTRAC.
It is Canada’s main authority when it comes to investigating and punishing financial misconduct.
Strong regulation in Canada and a high level of crypto security mean buyers and users are well protected.
Can Canadians gamble online?
Yes, online gambling is legal in Canada. However, you must be at least 19 years of age.
The exceptions are Alberta, Manitoba, and Quebec, which permit 18-year-olds to gamble too.
Unless the CRA declares you a professional gambler, any money you make from successful gambles remains untaxed.
Before you try to register, please note it is against the law for a gambling website to offer its services within the Canadian border unless it is explicitly licensed or owned by a provincial government.
Yet, an estimated 1,000 unlicensed offshore companies continue to serve Canadian customers.
Single-game betting is now legal
In Canada, the laws relating to gambling date back to the Criminal Law Amendment Act, which the Canadian Parliament agreed upon in 1969. The government then handed control of gambling laws over to the provinces in 1985.
Ultimately, the law was a massive boost for the casino industry as a significant number opened throughout Canada.
These laws are still in operation today and regulate online gambling in Canada’s provinces. An odd quirk in the law limiting betting activity was only recently changed.
This directive ensured that making a gamble on a single game was illegal until August 2021. Ultimately, things changed thanks to C-218, a law passed to end the prohibition of single-game wagers.