Social Gambling vs. Real Money Gambling: Exploring Canadian Players’ Preferences and Habits

Toronto Guardian
 
Social Gambling vs. Real Money Gambling: Exploring Canadian Players’ Preferences and Habits
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Have you ever wondered why Canadian players become successful in gambling? Do you think it is because they have certain habits and preferences in gambling? Is it because many players prefer social gambling to real money Gambling?

According to statistics, real money gambling has 50 million participants monthly. However, 173 million people are involved in social gambling.

The answers to these questions lie within this article. Therefore, explore social vs. real money gambling and the different preferences and habits that make Canadian gamblers successful.

What is Social Gambling?

Social gambling involves people gambling without wagering real money. The casino application uses a free-to-play approach for its games. The players get the freedom to enjoy supported titles.

The casino application does not have financial benefits or loss. It is only meant for social cohesion among people. Social gambling applications do not restrict access but withhold certain features for payment.

What is Real Money Gambling?

In contrast to social gambling, real money gambling applications have limited gameplay until players deposit funds. Some countries require winners to pay taxes, while others do not require taxes on wins.

Difference Between Real Money Gambling and Social Gambling

The main difference between the two is in terms of player profiles.

Social Casino Player Profile

Most Social Casino players are adults. They range between 35 to 54 years of age. Female personnel dominate social casino sites with slot-type games as their preference. Their male counterparts prefer games like poker.

Real Money Casino Player Profile

Real money gambling involves young and learned people. They are likely to be rich and unmarried. In contrast to social gambling, gaming is dominated by males.

Males in real money gambling prefer dog/horse races and sports betting, while females prefer games of chance.

Preference For Casino Bonus Offers

Successful Canadian players have preferences on the bonus offers by different Casino sites. Different sites have different bonus offers. However, they only consider reputable websites that will give them better rewards. These are perfect platforms because gamers will find expert reviews regarding casino bonuses, as they have memorable gaming experiences.

Examples of Casinos with no deposit bonuses include;

  • King Billy: In King Billy, one can start with a fee of $5 for free and offers up to C$2500
  • Casimba: Casimba has the largest welcome reward, though it has limited rewards to Canadian players.
  • Hell Spin: Hell Spin provides a sign-up reward of C$1200 and 150 free spins.
  • Jackpot City: The site offers C$1600 on four deposits and occasional rewards on loyalty.
  • Casumo: Casumo is a free spin Casino that provides 15 no-deposit spins and an additional 100% up to $500 promo.

Canadian Players Prefer Licensed Gaming Sites

Canadian players prefer licensed gaming sites. These licensed gaming sites make their gambling activity easier.

They prefer licensed gaming sites because of security issues. These sites have security encryption that protects their data. Every person is sensitive to their data.

The gambling sites are licensed by different authorities in Canada. Some of these authorities include;

  • UK Gambling Commission
  • Malta Gaming Authority
  • Gibraltar Gambling Commission

Moreover, these gambling licensing authorities offer sufficient liquidity for sites. The players thus enjoy the freedom of playing without fear of operators stopping withdrawals from the sites.

Players Get Involved in Legal Gambling

Canada does not allow all forms of gambling. PART VII of the Canada Criminal code bans all forms of gambling. However, an exception is given on conditions.

Lottery is allowed in Canada on certain conditions that must be met. Players in Canada take advantage of the lottery allowance. They play Casino under conditions, and this does not compromise their activities.

Their habit of playing legal gambling makes them successful. They do not break the law in the process of gambling.

Understanding Best Payment Options for Casino Rewards

A smooth payment system is the best that the Canadian players prefer. They research the best payment options for Casino rewards.This is because they understand some payment methods disqualify them from offers at some casinos.

In most cases, they do check on bonus terms. The terms get them the methods supported for rewards. However, they prefer some payment methods that include;

  • Interac
  • iDebit
  • Ecopayz
  • Visa
  • Mastercard

These methods of payment are worthy of many rewards in casinos.