Canadian Sports Betting Sites – Top Picks (December 2023 Update)
Best Sports Betting Sites | Top Online Canadian Sportsbooks
(Ad) Online sports betting is extremely popular in Canada, and Canucks know that sports play a major role in the country. To help you play at the best sports betting sites in Canada, we reviewed the top brands in terms of welcome bonuses, promotions, sports betting markets, payment methods, and more.
Each online sportsbook that we recommend is unique and has something special to offer, whether it’s bonuses or a selection of betting markets for particular sports.
All these brands are legal and secure, and we’ve provided all of the information necessary to make an informed decision. So, whether you are new to online sports betting or have been at it for years, this guide will help find the perfect Canadian sportsbook for you.
We also tell you about:
- Creating a sports betting account
- Depositing into your betting account
- Everything that you need to know about claiming bonuses
- Casting your opening bet
- Withdrawing from your account
Canada Sports Betting: Top Picks
| 1 | BetOnline | Generous Cryptocurrency Bonus | |
| 2 | SportsBetting.ag | Top-Notch Customer Support | |
| 3 | Bodog.eu | Best for NBA and NFL Online Betting | |
| 4 | GTbets | Diverse Sports Collection | |
| 5 | MyBookie | Best Sports Betting Site for Regular Promos | |
| 6 | Xbet | Best Sports Betting Site for Live Betting | |
| 7 | BUSR | Massive Sports Welcome Bonus | |
| 8 | EveryGame | Best for NFL Betting |
1. BetOnline: Generous Cryptocurrency Bonus
- 24/7 Customer support
- Great crypto bonus
- Secure banking
BetOnline Information:
Welcome bonus offer 1: Up to C$1,000 on your first deposit
Welcome bonus offer 2: Up to C$1,000 on your first crypto deposit
Date Established: 2004
Owned by: Privately owned, CEO Eddie Robbins III
Licensing: Panama Gaming Control Board
Legal: Yes
Betting types: Sports betting on all popular sports, live betting, racebook, online casino, esports, poker, contests
Platforms: PC, mobile
SSL secure: Yes
Support channels: Live chat, email, phone
Rating: 9/10
BetOnline is a great online gambling website that offers a wide variety of sports to bet on, including football, basketball, soccer, and so much more. In addition to sports, BetOnline also offers a variety of casino games, such as slots and table games, for those looking to mix things up.
The sportsbook leaves no players out, as it gives a sports welcome bonus for initial deposits made via traditional payment methods as well as cryptocurrency. The former is a 50% match deposit bonus worth up to C$1,000 and requires the promo code BOL1000. The latter is a 100% match deposit bonus worth up to C$1,000.
The sportsbook accepts some of the most popular payment methods around, including Visa, American Express, Bitcoin, and Mastercard to name a few. This should make deposits and withdrawals a breeze. The available method will vary depending on your location, so familiarize yourself with the site’s payment options and restrictions. Lastly, the site provides excellent customer support via live chat, phone, and email.
If you are looking for the best cryptocurrency sportsbook, join BetOnline today.
2. SportsBetting.ag: Top-Notch Customer Support
- Well-designed website
- Excellent support services
- Generous welcome bonus
SportsBetting.ag Information:
Welcome bonus offer: Up to C$1,000 welcome bonus
Date established: 2011
Owned by: BetOnline brand
Licensing: Panama Gaming Control Board
Legal: Yes
Betting types: Sports betting, live betting, racebook, online casino, esports, poker, contests
Platforms: PC, mobile
SSL secure: Yes
Support channels: Live chat, email, phone
Rating: 9/10
SortsBetting.ag has two welcome bonuses, which are as follows:
- 50% deposit match up to C$1,000 (normal deposits)
- 100% deposit match up to C$1,000 (cryptocurrency deposits)
SportsBetting.ag offers you a wide variety of sports to bet on, including basketball, football, baseball, martial arts, soccer, and hockey. In addition to sports, SportsBetting also offers a range of casino games, including slots, table games, and video poker.
One of the features that make SportsBetting.ag stand out is its customer support services. The site offers around-the-clock customer support, which you can contact through phone, email, or live chat. The team is friendly, happy to help, and always gets back to you within minutes via live chat.
Finally, the site is easy to navigate, which means users can quickly find their favorite sports. This ensures an enjoyable online gambling experience. So, if you want a sportsbook where you can actually find what you’re looking for, sign up with SportsBetting.ag.
3. Bodog.eu: Best for NBA and NFL Online Betting
- Fast payouts
- Best mobile betting
- Excellent customer support
Bodog Information:
Welcome bonus offer: 100% up to C$600 welcome bonus
Date established: 1994
Licensing: The Antigua and Barbuda Financial Services Regulatory Commission
Legal: Yes
Betting types: Sports betting, online casino, live casino, poker
Platforms: PC, mobile
SSL secure: Yes
Support channels: Live chat, email, phone
Rating: 8.5/10
At Bodog, Canadian sports fans can choose from dozens of sports markets. There are also some casino games and a decent collection of slots. Some popular sports you can bet on at Bodog include football (college and NFL), basketball (college and NBA), baseball (college and MLB), MMA, hockey, Nascar, soccer, and even celebrity boxing.
Bodog also offers a 100% first deposit bonus worth up to C$600. However, that’s not the best part. The best part is the 5x wagering requirement for the bonus and initial deposit.
Bodog simplifies payments by offering three main online banking methods: credit cards, e-wallets, and crypto. If you think about it, what more do you need? Credit cards require a minimum deposit of C$20, while Bitcoin requires a minimum deposit of C$10. E-wallets include PayPal, Venmo, or CashApp. All deposits are almost instantaneous. For withdrawals, you can use checks and crypto. Crypto withdrawals are processed within the hour, while checks take up to two weeks.
The site allows you to place a variety of wagers, including futures, parlay bets, straight bets, and a variety of props. Website design is user-friendly. Odds are separated according to sports, so you can find what you are looking for easily.
You can also access the site directly from the browser on your mobile device. Customer support is available 24/7 via live chat and email. If you would like to speak to an agent, you can contact them via phone.
If you would like to get your hands on this amazing sports bonus, join Bodog today.
4. GTBets: Diverse Sports Collection
- Regular promotions
- 24/7 support services
- Decent welcome bonus
GTBets Information:
Welcome bonus offer: Up to C$750 welcome bonus
Date Established: 2011
Owned by: Goldrush Gaming Group
Licensing: Curacao
Legal: Yes
Betting types: Sports betting, online casino, horse racing
Platforms: PC, mobile
SSL secure: Yes
Support channels: Live chat, email, phone
Rating: 8.5/10
One of the best things about GTBets is the generous welcome bonus it offers to new users. With a 100% match bonus on your first deposit of up to C$500, you can double your deposit. Furthermore, you also receive a 50% match bonus of up to C$250 on your next deposit. And once you’ve signed up, you’ll also be able to take advantage of a range of ongoing promotions that help you get the most out of your bets.
GTBets is a top-notch online gambling platform that offers a wide range of sports betting options. Whether you’re a fan of football, basketball, baseball, hockey, or any other major sport, you’re sure to find something to bet on at GTBets. To supplement the sportsbook, the site also offers classic casino games like blackjack, roulette, and video poker.
The GTBets team of support agents is available 24/7 to answer any questions. Whether you have a question about your account, a bet you’ve placed, or anything else related to the site, the support team is there to help.
If you would like to try your hand at a range of sports, join GTBets. It has plenty of sports to choose from.
5. MyBookie: Best Sports Betting Site for Regular Promos
- Mobile betting
- Generous sportsbook welcome bonus
- Multiple banking methods
MyBookie Information:
Welcome bonus offer: Up to C$1,000 welcome bonus
Date Established: 2015
Owned by: Privately held
Licensing: Curacao and Costa Rica
Legal: Yes
Betting types: Sports betting, online casino, horse racing
Platforms: PC, mobile
SSL secure: Yes
Support channels: Live chat, email, phone
Rating: 8.5/10
MyBookie prides itself on offering the most convenient payment methods and fastest payouts. The site processes payouts within 48 hours and offers the following banking methods: Visa, Mastercard, and Bitcoin.
The sportsbook offers a sign-up bonus worth up to C$1,000 when you make your first deposit. To claim the bonus, make a minimum deposit of C$50 and use the promo code MYB50. This bonus is available for a limited time, so make sure to get in on the action quickly. The bonus also comes with a 10x wagering requirement before you can withdraw the bonus or any winnings that resulted thereof.
Besides the sports welcome bonus, MyBookie offers a variety of other bonuses, including a 10% cash bonus, a 150% casino bonus, 25% sports reload bonus, weekly casino bonuses, and referral bonuses.
Now that you’ve got your bonus, you can spend it on any of the many sports on offer at the site. Available sports include tennis, golf, hockey, soccer, esports, volleyball, basketball, baseball, and more. The website also has a casino, live casino, and horse racing section where you can place bets.
If you have any questions regarding the casino or betting, the site offers an English-speaking customer support team that is available through live chat, email, and phone. You can contact the team any time, day or night. So, if you want a hassle-free online gambling experience, sign up with MyBookie.
6. Xbet: Best Sports Betting Site for Live Betting
- Online sportsbook, casino, and racebook
- Regular promotions
- In-play Betting
Xbet Information:
Welcome bonus offer: 50% up to C$500 on your first deposit
Date Established: 2014
Owned by: N/A
Licensing: Curacao
Legal: Yes
Betting types: Sports betting on all popular sports, live betting, racebook, online casino, esports, poker, contests
Platforms: PC, mobile
SSL secure: Yes
Support channels: Live chat, email, phone
Rating: 8/10
Whether you are into online sports betting, casino games, live betting, or horse racing, Xbet covers everything. Sports on offer include basketball, boxing, tennis, and baseball. In terms of casino games, you have access to table games, slots, 3D slots, social games, and video poker to name a few.
The sports betting site has two welcome bonuses available: one for the sportsbook and one for the casino. The sports welcome bonus is a 50% match bonus up to C$500. The bonus has a wagering requirement of 7x. The casino bonus consists of a 200% match bonus up to C$500. Additional bonuses include sports and casino reload bonuses, as well as a 7% rebate for horse racing fans.
Xbet offers quite a selection of banking methods:
- Mastercard
- Person2Person
- Bitcoin
- Visa
- BitcoinCash
- Litecoin
- BNB
- Ethereum
- Solana
- Tether
- Cardano
- Shiba Inu
- Dogecoin
Almost all banking methods have a minimum deposit amount of C$20; it’s C$45 for Visa and Mastercard and C$100 for Person2Person. For any questions concerning banking, bonuses, or betting, you can contact customer support via email, phone, or live chat.
If you are looking for a betting site that rewards you for sticking around, join Xbet.
7. BUSR: Massive Sports Welcome Bonus
- $2,500 welcome bonus
- Best odds
- Fast payouts
BUSR Information:
Welcome bonus offer 1: 150% up to C$2,500 on your first deposit
Date Established: 2014
Owned by: Duranbah N.V.
Licensing: Curacao
Legal: Yes
Betting types: Sports betting on all popular sports, live betting, racebook, online casino, esports, poker, contests
Platforms: PC, mobile
SSL secure: Yes
Support channels: Live chat, email, phone
Rating: 8.2/10
BUSR is an online betting site, racebook, and casino, all rolled into one. BUSR sportsbook contains 30-plus sports to bet on. They include popular sports like basketball, baseball, hockey, and football, as well as lesser-known sports like darts, futsal, and cycling, as well as non-sports categories like U.S. politics.
Sports bettors are in for a treat with a C$2,500 welcome bonus when they make their initial deposit at the site. The bonus is only for new sign-ups and has a wagering requirement of 20 times.
The casino section of the website contains all the classics you expect from an online casino. This includes a variety of slots, jackpot slots, table games, and video poker. If you have any questions about the bonus or anything sportsbook related, you can contact customer support through email, phone, and live chat.
If you would like to get your online sports betting off to a great start with a big welcome bonus, sign up at BUSR.
8. EveryGame: Best for NFL Football Betting
- Fast payouts
- Excellent customer support
- Mobile betting
EveryGame Information:
Welcome bonus offer: 100% up to C$250 on your opening deposit
Date established: 1996
Owned by: Thinkquick Ltd.
Licensing: Curacao
Legal: Yes
Betting types: Sports betting on all popular sports, live betting, online casino, esports, poker, contests
Platforms: PC & Mobile
SSL secure: Yes
Support channels: Live chat and email
Rating: 8.6/10
EveryGame offers all the most popular sports for Canadian bettors. The site’s hottest sports include soccer, tennis, basketball, ice hockey, and golf. Other sports on offer include American football, UFC/boxing, basketball, baseball, cricket, darts, esports, motorsports, Aussie rules football, table tennis, snooker, handball, horse racing, and volleyball. Canadian bettors who love betting on non-sporting events can also bet on politics and the stock market.
EveryGame does not limit its welcome bonus to only your first deposit. Instead, the site matches each of your first three deposits up to C$50, which means you can earn up to C$150. The sportsbook also has other promotions, such as the poker special for sports fans, where you can win free bets for taking part in the poker free rolls. Another one worth mentioning is the monthly C$1,000 parlay prince, where a bettor who wins the most from a single parlay receives a C$1,000 bonus without any playthrough requirements.
EveryGame also accepts a wide variety of currencies, including USD, CAD, EUR, AUD, GBP, HKD, NOK, DKK, SEK, CHF, ZAR, and CNY. Canadian bettors can also choose from a wide variety of deposit and withdrawal options, including Visa, Mastercard, EcoPayz, bank wire transfer, Neteller, Ukash, Paysafecard, Skrill, and cryptocurrencies (Bitcoin, Litecoin, and Bitcoin Cash). Minimum deposits start from as little as C$10.
EveryGame understands that problem gambling is a real issue. To encourage responsible gambling, the site has tools such as self-exclusion and setting spending limits.
EveryGame customer support is available only via email and live chat. On the site, you will find different email addresses depending on your query. So, if you have a question or problem, just head to the contact page and select the correct email address.
The sportsbook offers a live betting section, as well, so you can bet on games while they are in play. So, if you are ready to try your hand at live betting, sign up at EveryGame today.
Is Online Sports Betting Legal in Canada?
The short answer is yes. Since Canada has legalized single-game sports betting, more areas have started to legalize online sports betting. About 10 provinces have legalized online sports betting, while 13 provinces offer in-person sports betting only. Provinces where you can legally bet online include:
- Alberta
- Manitoba
- British Columbia
- Newfoundland and Labrador
- New Brunswick
- Quebec
- Ontario
- Nova Scotia
- Saskatchewan
- Prince Edward Island
The History of Canadian Sports Betting
Sports betting has persisted throughout the history of Canada, whether it was dice-throwing hundreds of years ago, betting on horse races, playing bingo, or purchasing Proline tickets.
We can go back more than 600 years in Canadian history to a time when the natives were reputed to engage in a variety of games of luck. In 1892, when practically all types of gambling were outlawed in Canada, horse race betting was the only type of gambling that was still legal.
Up until the Canadian Criminal Code was changed in 1969 to permit both the federal and provincial governments to operate lotteries in aid of charities and other worthy causes (such as the 1976 Summer Olympics in Montreal), the only permitted forms of gambling in Canada were horse racing and the midways at county fairs.
Governments in Canada started to embrace gambling more and more after they recognized it could be used to bring in a sizable amount of money.
The Canadian Criminal Code has undergone additional changes that now permit provinces to control slot machines and other computer and video gaming equipment. In Canada, legalized sports betting was not long behind.
Sports Betting Odds Explained
Sports betting odds essentially reflect the chances of the outcome of an event. There are three main types of sports betting odds: decimal, moneyline, and fractional. Let’s check out each of these below.
Decimal
Decimal odds are the most common way for online sportsbooks to present their odds. The lower the decimal odds, the bigger the chances that the event will take place. When presented with decimal odds, it’s also easier to calculate your winnings from a bet; simply multiply your stake by the odds.
Moneyline
Moneyline odds (also called American odds), typically consist of three or more numbers that are preceded by a plus or minus sign. From these odds, the bettor can identify the favorite and underdog. The negative numbers are the favorites, and the positive numbers are the underdogs.
Fractional
Fractional odds are more popular among sportsbooks in the U.K. and Ireland. Fractional odds are often written with a slash or hyphen. These types of odds help you to determine your winnings should your bet pay off.
Types of Bets to Make
We’ll list all the common wagering options available at licensed sportsbooks in this section. Although you won’t need to recall each one, it still helps to have a general grasp when you search through the betting options to select your ideal wager.
Moneyline
The easiest bets you can find are moneyline wagers. Invest in a winning squad. When you click on a specific game in a sportsbook, moneylines are frequently listed alongside point spreads and totals as one of the first bets available.
Matches can be quite unequal, therefore moneyline bets offer a variety of odds. In an unbalanced game, the favorite might have short odds (expected to win, but with a low attached payment), while the underdog might have long odds (with a huge possible payout).
Point Spread
The point spread bet consists of three components, the underdog, the favorite, and the point spread that’s provided by the sportsbook. The main goal of point spread wagering is to offer the chance to place bets on athletes or teams in a certain game by evaluating their relative strengths against one another.
Over/Under
An over-under wager determines whether a particular game stat will be bigger or smaller than a predetermined figure. The most popular over/under wager involves the total score of two squads in a game. In this scenario, a bettor will bet on whether the final score of the match will be lower or higher compared to a certain amount of points.
Parlays
Parlays combine several bets into one stake, frequently improving the chances and raising the potential reward. The problem? A parlay must be successful on every leg in order to win. A parlay is considered a bust even if, out of five bets, four of them win while the fifth one loses.
Teasers
This type of bet involves trading volume for points. The bettor must submit a parlay consisting of two or more picks in exchange for purchasing a certain quantity of points. Typically, the teaser requires the bettor to secure six points for each football match and four for each basketball match.
Prop Bets
Prop bets are bets that aren’t always concerned with the result of a game. Instead, they frequently incorporate information about the performance of individual players or teams that is unrelated to the outcome. Prop bets cover a wide range of possibilities and potential outcomes. There are numerous props available for a variety of sports.
Futures
Futures bets are bets on events that will occur in (you guessed it) the future. The most typical illustration is wagering on a team to win the league title. For instance, bets on which teams will win the Super Bowl in 2023-2024 are already available. As the season progresses, futures odds constantly alter, so it can frequently be advantageous to place them early and lock in a favorable line.
Live Betting
“In-play” and “in-game” betting are other names for live betting. It simply means that you are placing a wager on a game that is already underway. Live betting is popular among devoted sports enthusiasts who frequently watch games live because the odds change quickly.
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Best Sports to Bet on at Canadian Betting Sites
Sports betting is extremely popular in Canada. Some of the most popular sports at Canadian sports betting sites include hockey (NHL), basketball (NBA), and football (NFL and CFL). However, our recommended best betting sites offer a lot more than just these three. Examples of other sports you will find at most online betting sites are soccer, cricket, rugby, tennis, golf, table tennis, snooker, darts, volleyball, and so many more. You even have access to non-sporting categories such as politics.
Betting on Ice Hockey
The most popular sport in Canada is ice hockey, bar none. It seems natural that it would also be the most widely bet sport in the nation. Despite the fact that only the best players in the world get to play for the best teams and represent their country, there are millions of ice hockey enthusiasts in Canada who may support their home team and country by placing bets online.
Betting on CFL Football
The Canadian Football League may not have the same international popularity as the NFL, but it is a fantastic method to wager for Canadian football lovers. Nine teams are competing as of this writing, divided into two divisions based on geographic location. In the regular season, each team plays 18 games spread over 21 weeks, which offers a ton of opportunities for online betting.
Betting on Basketball
Despite basketball’s global popularity, North America continues to be where it is most popular, in part because of the National Basketball Association. Steve Nash and Jamal Murray are just a few of the notable NBA players that Canada has produced throughout the years, and there has always been a passion for the sport among Canadian fans.
Betting on Soccer
Soccer continues to gain popularity in Canada as evidenced by the presence of teams like CF Montréal, Toronto FC, and the Vancouver Whitecaps in Major League Soccer. The men’s national team qualified for the 2022 World Cup, and the current Canadian team has some incredibly good players.
Betting on Lacrosse
Many people who are not from North America might be shocked to learn that lacrosse betting is rather common there. Native Americans in North America were the first to play lacrosse, and Canada formally recognized it as its national sport in 1859. Lacrosse is one of the most popular sports in Canada in terms of playing, viewing, and wagering, while perhaps not being as well-liked elsewhere.
Ranking Best Canadian Sports Betting Sites
See below some of the most important factors we consider when ranking the best Canadian betting sites.
Licensing and Regulation
One of the most important things to look for when choosing a sportsbook site is whether it is licensed by a trustworthy regulatory body (e.g. MGA or UKGC). Regulated websites are more secure, so you can rest easy knowing your money is secure.
Sports Range
Most sports bettors have their favorite sports, but a diverse range is always something we look for. A good online gambling platform will offer major sports (baseball, basketball, football, soccer, hockey) as well as lesser-known options (darts, snooker, table tennis) for you to bet on.
Betting Options
We also want to ensure that our users have access to a wide variety of betting types. Some common ones include point spread bets, moneyline bets, over/under bets, prop bets, and more.
Bonuses and Promos
Bonuses and promos are used by many sports betting sites to not only attract new users, but also retain existing and loyal ones. Examples of bonuses and promos include deposit bonuses, no-deposit bonuses, free bets, reload bonuses, loyalty programs, and more. However, it’s equally important to also review the terms and conditions of bonuses and promos before accepting them.
Secure Payment Methods
Losing their hard-earned money is one of the biggest fears bettors have about betting online. With our top recommendations, you do not need to worry. We recommend only sports betting sites that offer secure payment methods.
User Experience
Finally, we have user experience. This includes the user-friendliness of the website. For example, does the website design make navigating the site easier or harder? How easy is it to get in touch with customer support? Does the site take long to load? The best betting sites will make using their websites as easy as possible.
The Process of Creating an Online Sportsbook Account
It couldn’t be easier to open an account for sports betting. Most of the top online sportsbooks simplify the procedure to make it easy for you to begin. The standard procedures for opening an online sports betting account in Canada are as follows:
- Access your preferred online sportsbook.
- Choose a unique username and password; ensure that you keep this information secure.
- Enter the relevant information required by the sportsbook. This includes your full name, contact number, and address.
- If you’re opting to claim a welcome bonus, you may be required to type in a promo code if the website has one. You can find the promo code on the promotions page of the sportsbook.
- Make sure you agree to the terms and conditions before completing the registration phase. This is a mandatory part of the process, and you won’t be able to proceed without agreeing to the T&Cs.
- Select your favorite banking method and proceed with the deposit process.
- Select your preferred sport to bet on.
- Place your first bet.
How to Deposit Cash
Depositing cash into your online sports betting account should be a simple transaction, and many of the best online sportsbooks have made it very easy for you. There are also plenty of deposit methods available to Canadian bettors, which brings a sense of familiarity. If you’re unsure of how to proceed, take a look at the process below:
Step 1: Select the “deposit” option in the sportsbook’s banking/cashier section.
Step 2: Choose your preferred deposit method and the amount you want to deposit.
Step 3: Complete the deposit. To complete the transaction, this could redirect you to the page for your specified payment method.
Step 4: To process the deposit, click on the “submit” tab.
Step 5: Wait for the transaction to be processed.
Some of the most popular Canadian deposit methods include Visa, Mastercard, EcoPayz, Neteller, Ukash, Interac, Paysafecard, Skrill, and various cryptocurrencies. However, if you plan on using crypto, you’ll need to ensure that the platform supports its use.
How to Withdraw Cash
Withdrawing your sports betting winnings is one of the most important processes when it comes to betting online. While the process is somewhat similar to what you would find with depositing cash, there are a few steps that are vastly different, and there are generally fewer withdrawal banking options available.
Step 1: Select "Withdraw" from the banking/cashier section.
Step 2: Select the withdrawal method you'd like to use and try to use the same option you used when depositing.
Step 3: Enter the amount you'd like to withdraw. Beware that you may need to complete the KYC (Know Your Customer) procedure, and you may be asked to provide a copy of your ID and verification of your address, so have these documents ready.
Step 4: Verify the withdrawal using the banking method's mobile app.
Step 5: Wait for the withdrawal to be processed and the cash to reflect in your account.
Many of the most renowned Canadian withdrawal methods include Visa, Mastercard, EcoPayz, Bank Wire Transfer, Neteller, Ukash, Interac, Skrill, and various cryptocurrencies. Withdrawal timeframes will vary from one payment method to the next, so try to use the most secure and the fastest option.
How to Claim a Sportsbook Bonus
One of the best things about online betting is the variety of bonus offers available for sports betting. The good news is that taking advantage of bonus offers is incredibly simple, and before long, you’ll be on an amazing run of complimentary bets. Simply carry out the actions outlined below to begin:
Step 1: Choose an online sportsbook and register an account.
Step 2: Access the banking section of the online sportsbook and look for the bonus section.
Step 3: Depending on the options at your disposal, you can decide on whether you’d like a bonus claimed with a cash deposit, or you could use a promo code if there’s one available.
Step 4: Complete your first deposit as you wait for confirmation of the bonus offer; this shouldn’t take too long.
Step 5: Place your opening bet.
Placing Your First Bet 101
Online sports betting can be quite confusing to newcomers. This is largely due to the complex betting types that are available. However, once you get into the swing of things, you’ll quickly discover that the most difficult part of the process is deciding where your money’s going. To learn how to get started, follow the steps that we’ve listed below. Check out the different types of bets you can make before beginning.
Step 1: Access the league that you’re interested in betting on.
Step 2: Click on the betting cell found within the sports league.
Step 3: Enter the amount that you’d like to wager. Be mindful of the betting limits that some sportsbooks might have.
Step 4: The last thing to do is confirm your bet and wait for the result.
Betting on a Mobile App or Website
Betting is becoming more discreet and convenient thanks to technology. A computer desktop is no longer required to load a betting website. You may watch every event, including hockey, cricket, and horse racing, on various Canadian sports betting apps.
Even while smartphone use for online gambling is gradually replacing the need for a computer, many consumers are still unaware of the variations between each format. Two of the major benefits are the convenience of being able to play wherever you like and the enhanced display of mobile devices.
Responsible Betting in Canada
It’s obvious that more and more players are trying their hand at online betting given the rise in betting sites in Canada. Online betting can be entertaining and rewarding, but it can also be unsafe. Because of the potential consequences of gambling irresponsibly, prudent betting is essential.
We advise creating and adhering to a budget. This implies that you place bets only with funds that you can afford to lose and that you avoid chasing your losses by placing additional bets. Additionally, stay away from gambling while you’re intoxicated or drugged because this can affect your judgment and cause you to gamble recklessly.
Related: Guide to online pokies
Taxation on Sports Betting Profits
In essence, there’s no need to pay taxes on online sports betting winnings. Canadians are exempt from paying taxes on gambling winnings from activities including horse racing, lotteries, sports betting, internet casinos, and other games of chance, per paragraph 40(2)(f) of the Income Tax Act. On the other hand, if you receive interest on your profits, this is taxable and needs to be officially reported on a T5 form. Serious penalties could arise from failing to disclose this interest.
Canadian Online Sports Betting Revenue Projections
It’s no secret that sports betting Canada is incredibly popular. When looking at it from a financial perspective, there are millions of dollars expected to be generated in profit over the next five years. It seems that Canada is a sports betting gold mine and more sports betting operators are working to enter the heavily saturated market.
However, before sportsbooks can start salivating over the potential for billions of Canadian dollars, they must first apply to the Alcohol and Gaming Commission of Ontario. For these operators to thrive, they’ll need to offer something unique to bettors, which could result in a ripple effect of players claiming bonuses and pumping more cash into these platforms.
FAQs: Sports Betting Canada
Is Betting on Sports Online Legal in Canada?
Yes, it is legal to place sports bets online in Canada. This applies to offshore sportsbooks, too, because the Canadian government doesn’t recognize these entities as a threat to its betting market.
Do I Have to Pay Taxes on My Winnings from Betting Online?
No. However, only gamblers who are regarded as professionals are eligible to deduct gambling losses and legitimate business expenditures like travel and admission fees. Losses incurred by recreational players are not tax deductible.
What Sports Can I Bet on Online in Canada?
This depends on what your online sportsbook has to offer. Most Canadian betting sites offer major sports like baseball, basketball, football, hockey, soccer, etc. Some will also offer niche sports like darts or table tennis.
Do I Have to be a Certain Age to Place Sports Bets in Canada?
Yes, you must be 18 or older to place sports bets online in Canada. Some offshore companies will have higher entry requirements depending on where the company is based.
What Types of Online Sports Bets Can I Place in Canada?
Common bets you can place in Canada include point spread bets, moneyline bets, same-game parlays, and over/under bets to name a few.
Are There Any Reputable Online Sports Betting Sites in Canada?
Yes, and you can find 10 of them right here on this page. Most online sportsbooks in Canada are legal, and you can easily access them to place bets on most sporting events. However, you’ll need to ensure that you stick to legal platforms, so if there’s no licensing information available, it’s best to stay away.
How Do I Deposit Money into My Betting Site Account?
There are several methods you can use to deposit at an online sportsbook. Some common ones across sportsbooks include debit and credit cards, e-wallets, bank wires, and cryptocurrency.
What Are Risk-Free Bets?
Risk-free bets are a type of promotion where online betting sites refund your stake if your bet loses. This is a great way to learn how to place different bets and to find out what works for you.
Can I Place Bets at Betting Sites in Canada Using My Smartphone or Tablet?
Yes. Most online sportsbooks in Canada have mobile-compatible websites. Some even have downloadable mobile apps, which are even more convenient.
Are There Any Welcome Bonuses for New Users of Online Sportsbooks in Canada?
Yes, most online betting sites use generous welcome bonuses to attract new bettors. However, each bonus is unique and comes with wagering requirements that need to be met for you to profit from it.
How Can I Tell if an Online Sports Betting Site in Canada is Safe and Secure?
There are a few tell-tale signs of a secure online betting platform. The first is a valid license, followed by state-of-the-art SSL encryption, and a good reputation among bettors. These are all factors that our recommended sportsbook sites have in common.
Sports Betting Canada: Conclusion
Canada offers endless options for sports bettors when it comes to online sportsbooks. Check out our recommendations to find the perfect online betting site for you. Regardless of what you are looking for, we’ve got you covered with a broad selection of the best online sports betting platforms. Each one has something unique to offer, and this allows for a secure betting experience. To find out more, our platform has a plethora of unique sports-betting-related content that will ensure you find out everything you need to know about sports betting.
DISCLAIMER: Gambling involves risk and you must not gamble with funds you can’t afford to lose. It is not a solution to any financial difficulty. Remember, the house always wins!
If you believe you’re suffering from a gambling addiction or know anyone who does, call the National Gambling Helpline at 0808-8020-133 (uk) 1-800-426-2547 (US) 1-866-332-2322 (Canada) right away. Their advisors can help make gambling safe for you.
All gambling sites and guides are 18+ only. Online casinos listed here may not be available in your region. Don’t forget to check local laws to make sure it’s legal where you’re based.