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Canada Betting Sites

Written by Paul Kemp
Paul Kemp is an experienced sports writer covering Soccer, NBA and NHL. He also writes in depth reviews of sports betting sites based on his personal experience.
, | Updated: December 9, 2024

Below you can find our expert reviews of reputable and regulated sports betting sites operating in Canada. Each betting site was thoroughly tested and verified by our team.

One of the most vibrant betting scenes in the world is certainly the Canadian one. While much of the world has shunned and stayed away from online gambling, the Canadians have embraced it and now benefit from one of the most developed betting infrastructures out there. Many sportsbooks offer their services to the Canadian populace and the increase in competition between the different gambling websites has also increased the quality of their services, all to the benefit of local punters.

Here, we will explore everything you need to know about the Canadian betting websites, including the legal aspects, popular betting markets, promotional incentives, commonly used odds and much more.

Canadian Sports Betting Sites Ranked by Trustpilot Rating

Comparison of Sports Betting Sites in Canada

SportsbookSports on OfferMin DepositMin WithdrawalMin BetBonusesBonus Wagering RequirementsIn-Play BettingLicenses
Sports InteractionBasketball, Football, Tennis, Hockey, Soccer, eSports, and 30+ other sports$10$10$1

NFL Prime Time Big Day Pay Day; NFL Pick’em $1,000 in Prizes to be Won; NFL Pinata Pick!

Pre-match moneyline bets qualify (NFL Prime Time Big Day Pay Day); Make picks and earn points to rank on leaderboards (NFL Pick’em $1,000 in Prizes to be Won); Enter for free in the Pinata Pick Contests (NFL Pinata Pick!)

Yes

Kahnawake Gaming Commission;
The Alcohol and Gaming Commission of Ontario (#OPIG1242525)

bet365Football, Tennis, Speedway, Table Tennis, and 40+ other sports$/€10$/€10$/€0.10

New Account Offer up to €50 in Bet Credits

Place qualifying bets to release bet credits (New Account Offer)

Yes

UKGC (#055148-R-331498-001)
MGA (#MGA/CRP/531/2018)
Government of Gibraltar (#076)
+10 jurisdictions (including US states)

BetwayFootball, Horse Racing, Golf, Basketball, Tennis, and 20+ other sports$/€10$/€10$/€0.10

• €50 Free Bets on First Losing Bet
• €30 Welcome Free Bet

Free bets must be fully wagered within 7 days

Yes

UKGC (#000-039372-R-319367)
MGA (#MGA/B2C/130/2006)
GGL (#RPDA-Dez. III. 34-73c 38.01/8-2019/13)
Western Cape Gambling and Racing Board (#10181496-010)

888sportFootball, Horse Racing, Tennis, American Football, and 20+ other sports$/€10$/€10$/€0.10

• €30 Free Bet on First Bet
• €5 Weekly Free Bet

Free bets must be fully wagered

Yes

UKGC (#039028-R-319297-012)
MGA (#MGA/CRP/543/2018)
Government of Gibraltar (#112 and #113)

LeoVegas SportFootball, Baseball, Tennis, Table Tennis, and 30+ other sports$/€10$/€20N/A

Welcome Offer: Up to €30 in Free Bets

No WR on free bet wins

Yes

MGA (#MGA/CRP/237/2013)
Ireland Revenue Commissioners (#1012453)
Swedish Gambling Authority (#23Si808)
UKGC (#39198)

CoolbetFootball, Ice Hockey, Tennis, Basketball, Esports, and 20+ other sports$/€10$/€20$/€0,10

Welcome Bonus 1: 100% up to €200, Bonus Code 2000ODDS
Welcome Bonus 2: Deposit €20 and play with €100, Bonus Code 400ODDS

2000ODDS: 6×1.5
400ODDS: 10×1.5

Yes

Malta (MGA/CRP/681/2019), Estonian Tax and Customs Board (HKL000206, HKL000349, HKT000028 and HKT000027)

UnibetHockey, Soccer, Cricket, eSports, Golf, and 30+ othersports€10€15 for Neteller and Skrill€10€15 for Visa€0.10

Welcome Offer:
Deposit €10, Receive €40

Welcome Offer:
3x the bonus amount

Yes

Irish Revenue Commissioners (1013174)

Malta Gaming Authority (MGA/B2C/106/2000)

UK Gambling Commission (045322-R-324275-017)

Swedish Gambling Authority (SGA)

Gibraltar Gambling Commissioner (No. 092)

TonybetSoccer, Tennis, Basketball, Ice Hockey,Volleyball, Baseball, and 35+ other sports$/€10$/€10$/€0.10

• Welcome Bonus
• Forecast
• Sport VIP Program

• 100% up to $350, Get up to $350 free bet, Minimum eligible deposit of $15, Turnover requirements must be met within 14 days (Welcome Bonus)
• Place bets on sports events and win up to $1,500 in free bets (Forecast)
• Get up to $8,000 every month (Sport VIP Program)

Yes

The Estonian Tax and Customs Board (#HKL000393, HKT000016, HKL000098, HKT000015)
Kahnawake Gaming Commission

Casumo SportsFootball, Tennis, Horse Racing, Basketball, and 20+ other sports$/€10$/€10$/€0.10

• 100% extra profit up to CA$1,000 on First Bet
• 100% Cashback as a Free Bet up to NZ$50
• Welcome Offer: €20 Free Bet

• No WR on free bet wins (100% extra profit Welcome Offer)
• No WR on free bet wins (100% Cashback Free Bet)
• No WR on free bet wins (€20 Free Bet)

Yes

MGA (#MGA/CRP/217/2012)
Irish Revenue Commissioners (#1015523)
AGCO (#OPIG1239089)
Swedish Gambling Authority (#23Si773)
Gibraltar (#126 and #127)
UKGC (#061549)

Top 9 Betting Sites for Canada

  1. Sports Interaction

    Sports Interaction logo
    Bet Now Review
    Licenses
    Kahnawake Gaming Commission; The Alcohol and Gaming Commission of Ontario (#OPIG1242525)
    Min Deposit
    $10
    Min Withdrawal
    $10
    Withdrawal Time
    • Bank cards - 3-5 banking days• E-wallets - within 8 hours• Bank Transfers - 3-5 bankig days• Instant Banking - instant
    Deposit Methods
    Visa logoMastercard logoecoPayz logoPaysafecard logoNeosurf logoMuchBetter logoInterac Online logoiDebit logoInstadebit logoeCheck logo
    Sponsorships
    NHL
    Contact Details
    Live Chat: Yes email: Contact Us Form Phone: N/A
    X profileInstagram profileYouTube chanelTikTok profile
    • Extensive sports coverage
    • Around-the-clock customer support
    • A number of limited-time and recurring bonus deals
    • A reliable and well-established operator
    • Users of iOS and Android-based devices can benefit from the mobile-optimized variant of the sportsbook
    • A wide range of convenient payment options

    Sports Interaction is a major brand in the gambling scene in Canada and as such, it always offers its members a superb betting experience. Bettors who join Sports Interaction will be provided with a myriad of competitive odds on major sporting events. Every sport covered by the bookie provides odds on events from some of the biggest leagues, with punters having the chance to choose from various betting markets.

    In addition to pre-match betting, Sports Interaction also offers live betting, with this section covering a wide range of major sporting events. Members of the bookie can redeem various generous promotions and for those looking for the lines with the highest value, Sports Interaction is offering daily odds boosts on specific events.

  2. bet365

    bet365 logo
    Bet Now Review
    Licenses
    UKGC (#055148-R-331498-001) MGA (#MGA/CRP/531/2018) Government of Gibraltar (#076) +10 jurisdictions (including US states)
    Min Deposit
    $/€10
    Min Withdrawal
    $/€10
    Withdrawal Time
    * E-wallets - 1-4 hours* Debit Card - 1-4 hours* Credit Cards - 1-5 days* Wire Transfer - up to 12 hours
    Deposit Methods
    Visa logoMastercard logoNeteller logoSkrill logoSkrill 1-Tap logoPayPal logoPaysafecard logoBank Transfer logoInstadebit logoiDebit logoAstropay logoInterac logoApple Pay logo
    Sponsorships
    UEFA Champions League
    Contact Details
    Live Chat: Yes email: support.eng@customerservices365.com Phone: 00 800 1236 5365
    Facebook profileX profileLinkedIn profile
    • Broad experience on the online gaming scene
    • Several bonuses and promotions
    • Responsive customer support
    • Apps for iOS and Android users
    • Advantageous odds
    • Great market coverage

    One of the best destinations for Canadian punters is bet365, with the brand offering a top-tier betting experience to its patrons. The extensive experience of the brand proves that bet365 is a reliable operator that bettors can trust. No matter the sport you enjoy, you will most likely see it covered by bet365, with the bookie offering the latest odds on numerous major events.

    Each sports section will allow you to bet on the most popular leagues and choose from different betting markets. What is more, punters will be able to choose between making pre-match and in-play bets on certain events. That way, every type of bettor will be able to enjoy a betting experience that will fit their betting preferences.

  3. Betway

    Betway logo
    Bet Now Review
    Licenses
    UKGC (#000-039372-R-319367) MGA (#MGA/B2C/130/2006) GGL (#RPDA-Dez. III. 34-73c 38.01/8-2019/13) Western Cape Gambling and Racing Board (#10181496-010)
    Min Deposit
    $/€10
    Min Withdrawal
    $/€10
    Withdrawal Time
    • E-wallets - up to 24 hours• Debit cards and bank transfers - 2 business days
    Deposit Methods
    Visa logoMastercard logoNeteller logoSkrill logoPayPal logoPaysafecard logoTrustly logoSofort logoNeosurf logoBancontact logo
    Sponsorships
    Arsenal FC, West Ham United FC, Brighton & Hove Albion FC, Atletico Madrid FC
    Contact Details
    Live Chat: Yes Email: support@betway.com Phone: varies according to country
    LinkedIn profile
    • Over 10 years of experience
    • High betting limits
    • Prompt and professional support service
    • Great odds for more than 30 sports
    • Available in 11 languages
    • Live streaming of major sporting events

    Betway allows its members to revel in an exciting, fair, and very rewarding betting experience. Thanks to its extensive sports coverage, the brand allows bettors to pick from a wide range of sports and leagues. By offering competitive odds, Betway is easily a favorite operator of numerous punters, enabling them to choose from a plethora of fun betting markets.

    Betway is a trustworthy betting operator, using industry-standard tools and measures to keep its patrons safe and ensure a fair wagering experience for all of them. To allow easy access to the sportsbook at any time and place, Betway also offers dedicated apps that can be installed on Android and iOS devices.

  4. 888sport

    888sport logo
    Bet Now Review
    Licenses
    UKGC (#039028-R-319297-012) MGA (#MGA/CRP/543/2018) Government of Gibraltar (#112 and #113)
    Min Deposit
    $/€10
    Min Withdrawal
    $/€10
    Withdrawal Time
    • E-wallets and Rapid Transfer - 2-3 days• Visa and ApplePay - up to 6 days• Wire transfer - 5-8 days
    Deposit Methods
    Visa logoMastercard logoNeteller logoSkrill logoPayPal logoPaysafecard logoTrustly logoNordea logoBank Transfer logoiDebit logoBoleto logoAstropay logoSofort logoecoPayz logoNeosurf logoWebMoney logoInstant banking logoInterac logoMuchBetter logoApple Pay logo
    Sponsorships
    National Football League (NFL), Dundalk Football Club, Cardiff City FC
    Contact Details
    Live Chat: Yes email: support@888sport.com Phone: N/A
    LinkedIn profile
    • In-Play betting
    • Long history in the gambling industry
    • Dozens of payment solutions supported
    • Wide range of sports
    • Good mobile support
    • Dedicated mobile app

    What better brand to trust when you want to bet online than one of the most prominent ones? With many years of experience in this industry, 888sport is capable of meeting the requirements of any better. With a large sports coverage, competitive odds and exciting betting markets, 888sport caters to every need of its patrons.

    Along with pre-match betting, 888sport also provided live betting, with various sports offering in-play bets. That way punters can watch a game and bet on it while it is played, making their betting experience at the bookie even more enjoyable. Redeeming one of the offers of 888sport can also be a way to bring up the excitement while you bet on your favorite sporting events.

  5. LeoVegas Sport

    LeoVegas Sport logo
    Bet Now
    Licenses
    MGA (#MGA/CRP/237/2013) Ireland Revenue Commissioners (#1012453) Swedish Gambling Authority (#23Si808) UKGC (#39198)
    Min Deposit
    $/€10
    Min Withdrawal
    $/€20
    Withdrawal Time
    • Credit/Debit Cards - 3-5 days • E-wallets - Up to 24 hours • Bank Transfer - 2-5 days
    Deposit Methods
    Visa logoMastercard logoSkrill logoPayPal logoPaysafecard logoTrustly logoBank Transfer logoNeosurf logoInterac logoMuchBetter logoApple Pay logoSwish logo
    Sponsorships
    N/A
    Contact Details
    Live Chat: Yes Email: help@leovegas.com Phone: N/A
    X profile
    • Covers various popular sports
    • Offers competitive odds
    • Punters can redeem generous promotions
    • Fast and safe payments
    • Dedicated Android and iOS app
    • Live betting on major sporting events

    LeoVegas offers sports betting fans the chance to easily place bets on their favorite sports, leagues, or players. With a great coverage of sports played locally and internationally, Canadian punters can explore a wide range of betting options. The bookmaker caters to the needs of different sports betting aficionados by providing both pre-match and in-play betting.

    As a member of LeoVegas, you will have the chance to make your live betting even more enjoyable by streaming the games you have placed your wagers on. The bookmaker offers live streams of football, tennis, basketball, and several other types of sporting events. The feature is also available to mobile bettors who will also have the chance to easily make other types of bets on the go.

  6. Coolbet

    Coolbet logo
    Licenses
    Malta (MGA/CRP/681/2019), Estonian Tax and Customs Board (HKL000206, HKL000349, HKT000028 and HKT000027)
    Min Deposit
    $/€10
    Min Withdrawal
    $/€20
    Withdrawal Time
    Bank Cards: 1-3 bank daysTrustly: 1 bank dayDigital Wallets: InstantBank Transfer: 1 bank day
    Deposit Methods
    Visa logoMastercard logoTrustly logoNeteller logoPaysafecard logoBank Transfer logo
    Sponsorships
    Estonian Football Association, La Católica, Keila Coolbet (basketball), Tartu Maks&Moorits (basketball), Pärnu JK Vaprus (football) and Pärnu Coolbet (volleyball), Keila KK, Kelly Sildaru, and more
    Contact Details
    Live Chat: Yes Email: customerservice@coolbet.com
    X profileYouTube chanelLinkedIn profile
    • Sportsbook lobby covering various sports
    • Betting leaderboard showing the best bettors and their latest bets
    • Livebet lobby offering live streams on certain events
    • Generous promotions for sports betting fans
    • Compatible with mobile devices for bets on the go
    • Secure and fair betting experience

    Coolbet is a licensed betting brand that launched its operations in Canada in 2022. Even though the betting operator has not been in operation for long, it still offers its members a top-notch gambling experience. The name of the brand is inspired by its motto “Stay Cool and Bet Responsibly”. That further proves that the bookie is adamant on offering a fair and safe betting experience to all of its members.

    When it comes to the variety of betting options, Canadian punters will enjoy a myriad of bets to explore, with the sportsbook lobby covering numerous sports. You will be able to make pre-match bets and some events will also allow you to make in-play bets. If you want to enjoy even more exciting live betting, you will also be able to live stream some of the events allowing in-play bets.

  7. Unibet

    Unibet logo
    Review
    Licenses
    Irish Revenue Commissioners (1013174)Malta Gaming Authority (MGA/B2C/106/2000)UK Gambling Commission (045322-R-324275-017)Swedish Gambling Authority (SGA)Gibraltar Gambling Commissioner (No. 092)
    Min Deposit
    €10€15 for Neteller and Skrill
    Min Withdrawal
    €10€15 for Visa
    Withdrawal Time
    Cards: 1 to 3 daysDirect Banking: 1 to 3daysE-Wallets: Up to 12hours
    Deposit Methods
    Visa logoMastercard logoPayPal logoPaysafecard logoBank Transfer logoMaestro logoInterac logoApple Pay logo
    Sponsorships
    Middlesbrough FCCheltenham FestivalNHL SwedenF.C. CopenhagenPFL Europe Division
    Contact Details
    Live Chat: YesEmail: info@unibetsupport.comPhone: 0808 1686635
    Facebook profileX profileYouTube chanelLinkedIn profile
    • Superb native apps for iOS and Android
    • Market diversity and great odds for all major sporting events
    • A broad range of live-betting markets
    • Live streaming of more than 40,000 events each year
    • Clean, easy-to-use interface
    • Various promotional offers for sports fans

    Unibet is a virtual sportsbook that can offer Canadian bettors a fun, fair, and rewarding betting experience. Thanks to its sports betting lobby, the bookie can offer punters competitive odds on numerous sports and some of the biggest local and international leagues. To allow a fun experience to every type of punter, the bookmaker offers a variety of betting markets to explore.

    Members of Unibet will be able to make pre-match and in-play bets, offering them two different types of exciting betting experiences. To allow them easy access to the best odds on top sporting events, Unibet also offers mobile apps. These can be installed on Android and iOS devices, enabling hassle-free bets on the go.

  8. Tonybet

    Tonybet logo
    Bet Now
    Licenses
    The Estonian Tax and Customs Board (#HKL000393, HKT000016, HKL000098, HKT000015) Kahnawake Gaming Commission
    Min Deposit
    $/€10
    Min Withdrawal
    $/€10
    Withdrawal Time
    • E-wallets - within 12 hours • Credit/Debit cards - up to 7 business days • Cryptocurrencies - less than 24 hours
    Deposit Methods
    Visa logoMastercard logoNeteller logoSkrill logoJeton logoAstropay logoBitcoin logoInterac logoMiFinity logoInstadebit logoPaysafecard logo
    Sponsorships
    CPL
    Contact Details
    Live Chat: Yes email: info@tonybet.com Contact Us Form Phone: N/A
    Facebook profileX profileInstagram profileLinkedIn profile
    • Punters can bet on various sports
    • Great variety of in-play betting options
    • Mobile app compatible with Android and iOS devices
    • Punters can view odds in various formats
    • Supports a number of fast and secure payment methods
    • Responsive customer support agents

    Canadian bettors looking for a fun and rewarding betting experience can head to Tonybet and start placing wagers on their favorite sports. The selection of sports covered by the sportsbook is enough to please various sporting aficionados. With many major leagues being represented, the bookie will also allow punters to choose from different betting markets.

    Even though pre-match betting can be very exciting, many punters prefer live betting. That is why, Tonybet has prepared a variety of in-play betting options on various top sports among Canadian punters. The best part about being a Tonybet member is that you can take your betting experience with you, no matter where you go. Thanks to a dedicated mobile app, you can place bets on the go with just a few taps on the screen of your phone.

  9. Casumo Sports

    Casumo Sports logo
    Bet Now
    Licenses
    MGA (#MGA/CRP/217/2012) Irish Revenue Commissioners (#1015523) AGCO (#OPIG1239089) Swedish Gambling Authority (#23Si773) Gibraltar (#126 and #127) UKGC (#061549)
    Min Deposit
    $/€10
    Min Withdrawal
    $/€10
    Withdrawal Time
    • Credit/Debit Cards - 1-5 days • E-wallets - Up to 48 hours • Trustly - Up to 48 hours • Bank Transfers - 1-5 days
    Deposit Methods
    Visa logoMastercard logoNeteller logoSkrill logoPayPal logoPaysafecard logoTrustly logoInterac logoMuchBetter logoApple Pay logo
    Sponsorships
    N/A
    Contact Details
    Live Chat: Yes Email: hey@casumo.com Phone: N/A
    Facebook profileX profileLinkedIn profile
    • Customizable sportsbook experience
    • Secure and fast payments
    • Dedicated Android and iOS app
    • Various live betting options
    • Bountiful promotional offers
    • Supports wide range of payment methods

    Casumo members are able to enjoy a great time betting on major sporting events. With the sportsbook also catering to Canadian bettors, fans of various sports can revel in a fun and fruitful experience at any time of the day. Competitive odds and great sports coverage are some of the strong points of Casumo, with punters being able to choose from different betting markets.

    The live betting section of the sportsbook is definitely one of the most attractive features of Casumo as it offers in-play bets on numerous major events. In addition to various betting options, the bookie also offers generous promotions. That way, bettors can enjoy a better value for the bets they make and hopefully stack up bigger payouts.

Legality and Regulation of Sports Betting in Canada

Legality and RegulationDespite the presence of a healthy betting scene, the legal aspect of gambling in Canada is not as clear cut as that in other countries. In fact, gambling regulations in Canada have a history of drastic changes every few decades starting from the outright ban in the late 1890s. Since then, the government has made amendments multiple times and in the early 1990s, the federal government allowed the individual provinces to have a larger say in their affairs.

As it currently stands, each province sets its own laws regarding regulations, the permitted forms of sports betting, bet types and the legal gambling age. As you can imagine, the specifics vary quite distinctly from province to province. However, one parallel can be drawn for all of them which is that each province runs its own monopoly on gambling, with some allowing a few licensed brands to operate and be based on Canadian soil. Private individuals and companies are prohibited from running their own gambling business, for the most part.

An interesting observation in Canadian gambling law is that while each province bans gambling operations to be based on their jurisdictions, they do not prohibit punters from accessing betting websites based in other countries or territories. It is a bizarre situation where it is not strictly legal, but not illegal at the same time. As a result, Canadian bettors can satisfy their gambling needs simply by visiting a non-Canadian website. This is fully understood and tolerated by the provinces and there is no recourse for individuals who do so. This has allowed the Canadian betting scene to thrive and many companies have shifted their efforts towards the Canadian market.

While most Canadian provinces restrict and limit the number of gambling operations within their jurisdictions, one legal entity has gone in the opposite direction. We are, of course, referring to the Kahnawake Mohawk Territory. Back in the late 90s when the federal government loosed the gambling laws in the country, Kahnawake chose to embrace the betting industry and set up the Kahnawake Gambling Commission. This is the only institution in Canada which freely accepts, regulates and licenses gambling operations. For almost 20 years the KGC has allowed companies to run their gambling business within the borders of Canada and as of this writing, hundreds of betting websites, including sportsbooks, casino, bingo and poker, are based in the Kahnawake Mohawk Territory. Since this territory is mostly independent of the federal government and the provinces, it can freely see to its affairs insofar as gambling is concerned.

Canada Sporting Events Coverage and Markets

Sporting Events Coverage and MarketsThe Canadian sports betting scene is one of the most active in the world and by all accounts, it is still growing on a yearly basis. There are many different sports that Canadian bettors follow and below, we will outline some of the most popular betting markets at Canadian sportsbooks.

The National Basketball Association has always been a popular league and a very active betting scene has formed around it. Every week thousands of punters go online to place a bet on their favorite teams and the operators are more than willing to satisfy the demand. Moreover, since Canada also has a team in the NBA – the Toronto Raptors – it is easy to imagine that a lot of Canadians would be interested in such matches.

The National Hockey League also enjoy significant popularity among the Canadian gambling scene. Unlike the in the NBA, where Canada boasts a single team, the NHL features 7 different Canadian lineups. Moreover, the League itself was established in Quebec back in 1917. As you can probably imagine, Canadians are quite interested in following the league and showing their support for their favorite teams.

Major League Baseball is not only limited to the United States, as one might wrongfully believe. Much like in the NBA, there is a Canadian team in the league – the Toronto Blue Jays – performing the East Division. The MLB is one of North America’s longest-running sports leagues, even if it featured different names over the years. As a result, it is deeply rooted in the hearts of people and millions of viewers tune in to watch the games and place bets.

Football is one of the largest sports in the world and one of the most popular in Canada. While the Canadian Football League is not the most well-known in the world, Canadians are certainly hyped about the matches and will often log on to their favorite online sportsbook to put down money on their favorite team. Of course, many punters also follow off-shore leagues, such as the England Premier League or the Eurocup, proving that there is a lot of interest in this sport.

Popular Odds Format in Canada

Popular Odds FormatThere are several different odds types that you will find at online gambling websites. It is important to become familiar with the most popular types, considering that the odds indicate how worthwhile a wager is. Below, we have listed the three most popular odds types in the world and have also provided explanations as to how to read them and what the numbers mean.

Decimal Odds

Decimal OddsDecimal odds are some of the most popular in the world and Canadian gamblers certainly have taken a liking to them, much like most residents of former British colonies. Decimal odds are quite simple to read and understand, so much so that they are the default in many betting websites. They are written with a colon (;) and are read as ‘X to Z’. For example:

  • Toronto Raptors: 1.4:1
  • Indiana Pacers: 2.3:1

There is a lot of information that you can gain from these two short lines. To begin with, the lower odds always indicate the team that is more likely to win the match. Similarly, the higher odds represent the underdog and with higher risk come larger rewards. As for the payout, the numbers indicate the net balance after the bet is settled. For example, if you place $100 on the Toronto Raptors and win, then you will receive $140 as winnings – $100 being the original stake and $40 as profit.

Fractional Odds

Fractional OddsFractional odds are mostly limited to the United Kingdom and Ireland but they are supported by many online sportsbooks and are the preferred type for many punters all over the world. Unlike decimal odds, the fractional type is written with a slash (/) or a dash (-), for example:

  • Redskins: 2.5/5 or 2.5-5
  • Cardinals: 5/3 or 5-3

Unlike decimal odds, fractional odds only indicate the profit that you stand to gain from placing a bet. So for example, if you bet $100 on the Redskins and win, then you will receive $100 as your original stake and $50 in profit, for a net balance of $150. Furthermore, the team with the better odds indicates the underdog in the matchup.

American Odds

American OddsAmerican odds are the third and final type that we will feature on this list and also the one that you will encounter the least. While supported at most sportsbooks, the default type is almost always decimal or fractional. Unless you are registered at a US-based website, then you will likely not have a need for this type. But then again, knowledge is always a benefit.

Unlike the previous two types, American odds indicate the amount of money that you stand to win from betting $100 or how much you would need to wager to win $100. For example:

  • Saints: -200
  • Falcons: +180

You will have surely noticed the plus (+) and minus (-) symbols feature behind each number. The plus (+) is used to indicate the underdog in the situation and denotes that a $100 bet on the Falcons would yield $180 in profit. On the other hand, the minus (-) shows which team is favored to win the matchup and how much one would need to bet to win $100 in profit.

Payment Solutions for Sports Bettors from Canada

Payment SolutionsWhen you join an online sports betting website you will quickly notice that there is no option to deposit in physical cash. This is logical as the sportsbook only exists in the realm of the Internet. Therefore, you will need an alternative method of funding your balance before you place a bet. As it happens, gambling websites support a wide range of online payment solutions that will no doubt be useful to you once you choose the sportsbook you want to frequent. Below, we have outlined some of the most popular payment services that you will be able to use at Canadian sportsbooks.

Credit Cards

Credit and Debit CardsCredit cards are unrivaled in the sector of online payments and no Internet business can afford not to accept them. Similarly, you will be hard-pressed to find a sportsbook that does not accept deposits via credit or debit cards. There are particular advantages to funding your balance in this way, primarily in the speed of the transactions. Credit card deposits are processed instantly, giving you the opportunity to immediately start placing wagers with your money. Furthermore, credit cards are acquired relatively easy and so is their use. Most online sportsbooks accept payment via Visa and MasterCard, though some also support Maestro, Diners Club and American Express.

eWallets

Digital WalletsAnother popular payment solution in the realm of online gambling are the so-called electronic wallets, name eWallets for short. These payment solutions are quite convenient and give users full control of their money. You can easily transact and receive cash with only a few clicks. Deposits made via eWallet go through immediately, while withdrawals are some of the fastest in the industry, being processed in about an hour after the sportsbook issue them. The most commonly used eWallets in the online gambling industry are Skrill, Neteller, and PayPal, though other services such as WebMoney and EntroPay are also supported

Online Banking

Instant Bank TransfersIf you would like to move the funds directly from your bank account to your sportsbook balance, then you can also consider using an online banking service. These come in a wide variety as they are mostly region-based but the most popular are supported by many sportsbooks. You can always rely on online banking to process your payment instantly and to do so in a secure manner. Withdrawals are also often possible, usually taking a few days at most to clear. As far as Canadian customers are concerned, popular online banking methods include Interac Online, InstaDebit, Instant Banking by Citadel, iDeal, iDebit and more.

Prepaid Services

Other Payment MethodsThe final method worth our attention right now are the prepaid services. There are many of them supported in the online gambling industry, though individual websites tend to support only a few at most. Prepaid services are liked due to the fact that they offer instant deposits, made with relative anonymity. While this is a definite benefit, the downside comes in the fact that prepaid methods cannot process withdrawals most of the time. In such scenarios, users have to rely on bank transfers to receive their winnings. Popular prepaid methods in Canada include Paysafecard, ecoCard, Neosurf and more.

Bonuses and Rewards for Canada Sports Bettors

Bonuses and RewardsOne of the defining aspects of the online sports betting industry is the numerous promotions offered to users in nearly every step of the way. Often, from the moment that a customer opens an account to the time that they choose to abandon a given website and move on to another, they are treated to a variety of different promotional incentives. Since many sportsbooks feature mostly the same service, with only small changes here and there, what they can offer customers outside of the traditional betting markets is how these websites compete with each other. The sportsbook that offers the most worthwhile rewards will also be the one to draw in a larger number of punters. This way, everyone wins, since the websites retain an active user base, while punters receive some sort of value for choosing that website.

As to the type of bonuses one can expect to receive at an online sportsbook, you will find that every kind is worthwhile in its own way. Deposit matches are the most common in today’s market and punters get more to bet on their favorite teams and players. Online sportsbooks will match the first deposit of a customer up to a certain sum and bettors can use the bonus funds to place wagers. Of course, there are certain terms and conditions that have to be met before this money can be cash in. A turnover requirement is a given, demanding that gamblers wager a given amount before the bonus funds become cashable. This can range anywhere between 3 to 10 times the value of the bonus and it has to be fulfilled within a designated time frame. Moreover, there is often a limit on the amount that you can bet at once and minimum odds at which you have to do so.

Free bets are another popular promotion type at present-day online sportsbooks. As you can already imagine, punters are given the opportunity to place a bet free of charge. The size of the free bet is often predetermined, often in the $5 – $25 range. What is interesting about this promotion type is that punters are often allowed the keep the winnings from these bets without the need to meet any additional requirements. Though, their bet still needs to be at certain minimum odds or greater. The specific bet type will more often than not depend on the nature of the promotion, with some sportsbook offering them on basketball, horse racing, football or other sports.

The third and final common promotion type is that cashback. As you already know, sports betting is an inherently risky activity and there is always the possibility that your bet will lose, no matter how statistically unlikely that outcome is. In such cases, sportsbooks give you the opportunity to claim back some of what you lost. They will return your bet up to a certain amount, either as a free bet or as bonus funds, as outlined above. You will have to fulfill the necessary conditions to see some sort of return from this promotion, but it is a worthwhile one nonetheless.

Customer Support at Canada Sports Betting Sites

Customer SupportCustomer support is a major aspect of any given gambling website and punters often demand much from the sportsbooks they frequent. The sportsbook also put in a lot of effort in building up their customer service departments, making sure that punters have an excellent experience at their favorite brands. You will often find support teams standing-by and working around the clock to ensure that all problems are resolved and questions are answered in a timely manner.

Users have several methods of contacting the support staff when the need arises. Email is the most commonly featured means of contact and you will hardly find a sportsbook that does not communicate via email. The downside of this method is that agents can be slow in their responses, with most reaching back to the users within the following 24 hours.

The alternative method available in the vast majority of sportsbooks is live chat. This system allows customers to communicate in real time with the support staff and to receive immediate attention. Live chat is preferred over other forms of communication due to the fact that connecting to an agent happens in seconds and that they remain with the punter until the issue is solved.

Last but not least, punters also have the option of dialing the sportsbook from their personal phone. This method is not as widespread as the other two and only particular websites support this means of communication. Moreover, those who do may only make it available to designated hours of the day. In most cases, punters prefer the live chat option over phone calls.

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