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Do I have to declare online casino winnings?

Taxes in NZ

Usually, after the successful winnings you will be presented with funny music and flashing lights. However, we need to know whether the gamblers should pay taxes or not. Take into account that the taxation process depends on the particular country. For example, in the US, if the winnings are more than 1200$ you have to make a report. Moreover, you have to prove the identification information of your age and passport. So, in the US you have to pay tax up to 25% depending on the certain game. However, in Canada or New Zealand, there are taxes free. In fact, New Zealander have to pay income tax, but it’s very unusual for winnings to be taxed.

Conclusion

The declarations of your winnings are required in few countries, including the US. However New Zealanders can play for money and win a lot without any taxation from the government.

The main characteristics of Grand Mondial casino.

Grand Mondial is a casino, which takes part in a famous loyalty group, CasinoReward. If fact, this group rewards, particularly, regular players with many benefits. These are money prizes, free spins, private managers, giveaways and others. Furthermore, the games are provided by Microgaming soft, which means a high security and fair RTP rates.

The process of winning depends on the particular game, whether it’s a slot, poker or live games. The average return to player rate in this casino is 96,53 which is a great result. Moreover, there are free spins for new players, as well as for regular, however, in order to get free spins you need to participate in a loyalty program. As for jackpots, Grand Mondial is a perfect place, because there are all Microgaming’s slots with progressive and huge jackpots. In addition, all of these benefits you can receive in the mobile version of the site. You can win the jackpot just having your mobile phone.

Conclusion

Winning in Grand Mondial is easy, you just need to choose the game and memorise the rules and strategies. In fact, you can find many strategies of how to play blackjack or poker on our site in the article section.

House is a winner?

Every gambler plays for a big win, or at least break even. How is it possible to win in an online casino if the only winner is the house? As you remember, there is a saying ‘House always wins’. It’s about the casinos that are always in advantage, no matter how much a player wins. So, this is the problem: are there real winners at gambling sites?

To tell the truth, yes, online gamblers take winnings, small or large. Of course, most winnings are equal to the total amount of the deposited money. So, basically, you return what you give. But sometimes stars align and a person gets a big win. For the proof, there are even bloggers like Captain Davo who is an experienced but addicted gambler. He shoots the videos for youtube where he shows his high-rolling results of casino games. Though he also deposits and bets a big sum, not like $20.

Apart from bloggers, you surely have seen a lot of comments from real players. Some of them are positive saying that they won a great fortune. And others are negative or neutral. So to speak, if people didn’t win anything on online casinos, there wouldn’t be such sites at all. Nevertheless, it’s advisable to play responsibly and try to prevent addictive signs. By responsible gaming I mean following the tips regarding the winning strategy.

If you are a frequent player, you might have already noticed some facts about games. Anyway, I wish to tell you some of the main things to keep in mind. They will stop you from getting addicted and, along with this, bring you wins.

  • Stop playing on time. It’s vital to know when to stop the game. During the gameplay, you may notice that you are losing with every following spin. As a rule, after the losing track comes the moment of glory. It’s the repetitive winning rounds. As soon as you’ve noticed the increase, raise your bet and spin until you make a profit over your initial balance. After the first losing spin, stop the game, quit. Go to withdraw.
  • Don’t buy into casino tricks. I know that after such a success you think that there will be more ahead. But no. Online casinos make things up so you could spin again and again. The process described above about success and failures repeats continually. In the end, you will just quit the game with more losses. So, don’t buy into these tricks. Stop at the right time and rest out with your winning.

Conclusion

All in all, if anyone wins on online casinos, he or she is using the strategy and knows when to stop. All the professional gamblers can be addicted to games, but still they know how to take the right risks. Try different strategies and winning tips, so you can be the guy who wins in online casinos.

Among all the games presented in the lobby of online casinos, surely, there are games with the HOT and COLD marks. Perhaps, you are confused by the signs and hesitate which game to play: hot or cold? Let me clarify this moment for you.

The HOT games are the top games, in other words. They are the most popular among online players. Generally speaking, the HOT sign means that gamblers have played this game a million times and are still playing it. To cease your high expectations, it does not mean that the game brings much profit. However, if it is a progressive Jackpot game marked HOT, then you can hit the Jackpot with a high probability. This is due to the fact that there are too many players betting at the same time.

On the other hand, the COLD games are not so different from the HOT ones. The only thing in contrast is the number of players. COLD games are not so popular, so they are marked accordingly. Again, it does not mean that COLD cannot be profitable. They are ordinary games with the same high RTP.

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