Prize Pool of € 60,000 in the Spirit of Egypt Tournament by Playson

At the beginning of gameplay you get so much excitement to play an online slot machine. You can imagine how hundreds of dollars increase your bankroll. But what do you actually get? Only disappointment as you see how your deposited money just flies away and seems to never come back.

That is true indeed. During the first 10 or 20 spins money will inevitably disappear, but it doesn’t mean that the game is rigged. You see, online casinos have an edge. This is a so-called percentage of your money that goes to the casino budget. And you thought the grand Jackpot sums appear out of nothing?

Back to the slots. As I was saying, the casino takes its part of the money, the rest goes back to you. You just might not notice it as you win and lose ,and then again win. Sometimes, you get winning results, sometimes constant losing results. The reason for that is a randomizer that drives the slot machines.

The RNG mechanism is set to give a certain edge to online casinos. But it’s not rigging. Actually, there is no single reason for fair gambling sites to rig slots. That is because, firstly, they get huge fines if being caught. Secondly, it’s just illogical. They already get enough income from the players in the long run. Why would they deceive them even more?

All in all, only fraudulent casinos tend to rig the games. If you register at the legal site, you will not experience any cheating on the side of the casino. The only reason why you lose is covered in your gaming style. Maybe you bet too much, or deposit little thus having no more money to win them back. It depends.

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.

In this FAQ section, we will figure out the several issues:

1. How to use Paysafecard
2. Advantages of using it
3. Casinos that accept Paysafecard
4. How to deposit through Paysafecard

First of all, this is a type of payment, which implies a card purchase in the nearest shop. Yes, you need to go outside, find the shop with these cards and buy one of them. In detail, the cards have different values depending on the certain region. (10$, 50$, 100$ etc). As soon as you buy a card, you will be presented with a 16 digits number, which you should fill in the casino cashier. Right after applying the card, the particular amount of money will be transferred to your account.

Advantages of using the Paysafecard

• Very easy to make deposits, because it works like any other prepaid cards.
• Quick transactions
• There are loads of casino that accept Paysafecard
• A limit of depositing can be a plus also, because you will have to go and buy another card

It’s an absolutely safe and fair method to deposit, because it works for many years with gambling sphere and shows only good results. In fact, the prepaid cards are the safest method to transfer money, just because you do not provide any personal information to the casino. Moreover, with Paysafecard you will not have any fees or commissions.

Casinos that accept Paysafecard

Paysafecard payments method is extremely popular among various casinos and countries, including New Zealand.

• Jackpot City – is an interesting and unique casino with wide sections of bonuses and loyalty programs. It provides only licensed games by a Microgaming provider. In addition it introduces new innovative features, including an ability to play on mobile phones.
• Royal Vegas – amazing platform that accepts Paysafecard and is available for New Zealanders. The casino is new in the gaming industry, however it was made by professionals. Furthermore, the game collection is presented by Microgaming. You can find there all you need, slots, table games, even live games with real dealers. In case you stack somewhere, you will be able to contact the 24/7 support team via live chat or email.
• All Slots – another casino with available Paysafecard deposit method. In fact, it is an old and good casino with a great reputation among players from New Zealand. It’s popular for its excellent game selection of slots with different genres and bonuses. However, the name doesn’t mean the only slots there. You also can meet other genres, such as poker, blackjack, roulettes, live games and so on.

Conclusion

Generally speaking, if you want to make your first deposit, Paysafecard is a great option. The depositing process is very easy. If you are scared to lose big sums, you can buy a smaller card. With this technique you will be sure not to deposit again and again.