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Do online casinos cheat?

New Zealanders are probably most curious about this question as the answer to it directly affects their winning results. However, we are here to assure you that any kind of cheating players is illegal according to the gambling laws. That’s why the licensees are there for.

Why NZ casinos don’t cheat

Only under a condition that you play at a reliable online casino, you can stay sure the site isn’t cheating. There are several reasons why they don’t cheat even if they wanted to:

  • Casinos get big fines if they deceive a player in any form. If they are caught cheating, their regulatory authorities are there to punish them and sometimes even forfeit the license.
  • If an online casino has been cheating everybody for a long time, then it’s probably a fraud. Still, the owner will lose any right to conduct gambling activities legally.
  • Reputation of the casino will rapidly go down. It’s common practice that unsatisfied players go complaining on every gambling forum site about the casino marking its terrible reputation. Anyway, other players trust these negative comments and never wish to visit the mentioned site again.

These are the main reasons for treating customers right. Not a single casino owner will build a risky business just to lose everything in a blink. Besides, it’s better to maintain gambling business and receive revenue in the long run than to make a quick success that will eventually fall apart.

Conclusion

To conclude, there is no way a fair casino would cheat on games and rig them. It’s a stereotype that casinos are only taking advantage of customers’ money. They do, but in a fair way: players voluntarily deposit money and either win them back or lose them forever. Casinos offer games of chance. Everybody knows that and still makes funds into the casino account.

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FAQ

Some of the best real money casinos include LeoVegas, 888 Casino, and Betway Casino.

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.

Yes, Paysafecard is one of the safest methods for casino transactions, as it doesn’t require sharing personal or banking information.

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