Here are some Useful Tips and Resourceful Links for Canadian Poker Players
- 99% of online sites allow Canadian Players. Feel free to play at your choosing, at your left are some highly recommended online poker sites. There are a select few sportsbooks that don’t allow Canadians.
- Moneybookers is the preferred ewallet for Canadian Players as 99% of sites accept it for deposit and withdrawal. Its free to use, and cheque withdrawals are very cheap. Direct bank transfers are cheap as well, but your bank usually charges a heftier fee to accept the transfer. You will need to join a bank account to your moneybookers account, and it can be a USD one.
- Withholding Tax
- If you win more than $5,000 in a u.s. brick & mortar casino from a poker tournament, you will have to pay a 30% withholding fee. This amount can be claimed back for the following tax year but you need to show losses in the same amount. You will also need to apply for an Individual Tax Identification Number (ITIN) which can be found on the U.S. IRS site.
- US Tax Recovery is a company that can assist you in reclaiming your gambling withholding tax back. 30% is a lot of money, use USTaxRecovery to get your money back! For more information click here
Other Canadian Sites
Poker Forum Canada – Discussion forum for Canadian Poker Players
Canadian Poker Tour – Official Canadian Poker Tour and publishers for the Canadian Poker Player magazine and Canadian Poker Tour TV
Canadian Tax Thread – 2+2 Discussion thread about Taxes for Canadian Poker Players
RMS – Assisting Canadians to reclaim their 30% withholding tax
Canadian Promos – Canadian exclusive online promos
Poker Rules – Complete Poker Rules
Poker Training – Online Poker Training Guide
Poker Training Reviews – Poker Training Site Reviews
MMA Betting – Expert Picks for MMA Fights
Fifth Street Training – Investment training for Poker Players