With the Royal Assent of Bill C-218, Canadians will be able to reap the benefits of single-event sports betting as soon as Labour Day. While single sports betting is still in its infancy, Canada’s legal grey zone has allowed bettors to wager more than $14 billion annually with online betting sites.
The best betting sites Canada offer sports fans the opportunity to capitalize on pre-game lines, in-play odds, and futures markets to earn a profit.
Best Betting Sites in Canada
Best Sport Betting Sites In Canada
Our research has shown us that the following 13 sites are the best betting sites Canada has to offer.
- PowBet – Sportsbook Canada that also provides online casino games, jackpots, and tournament play
- Mansion Bet – Sportsbook Canada that broadcasts favorable odds across all the premier sporting leagues and events
- Sports Interaction – Reliable sportsbook that provides top odds across the board for all major sports
- BetVictor – A Canadian sportsbook boasting competitive odds and deep betting markets
- BetWay – Combination of sportsbook and online casino make it one of the top betting sites in Canada
- BetZest – E-sports betting site in Canada with sports betting and online casino games
- Bodog – One of the most trustworthy online betting sites Canada offering sports betting, online casino games, and poker
- CyberBet – Betting site in Canada known for e-sports betting and casino games
- Hopa – Online casino and sports betting site in Canada with monthly cashback rewards
- SportNation – Sportsbook in Canada with daily specials and odds boosts
Reviews of Sportsbooks Canada
Below, we’ll take a deep dive into each of the top 10 betting sites in Canada to determine how they separate themselves from the competition. Read on for sportsbook reviews on the top 10 sports betting sites in Canada.
1. PowBet – Best sports betting site Canada, featuring online casino games, jackpots, and tournaments
With jackpots, tournaments, and fun account features, PowBet gives members of all skill levels a chance to win money while betting online. Members at its sportsbook can cash in on competitive odds, a wide range of betting markets, and a sports betting jackpot worth over $20,000. PowBet also features a generous loyalty rewards program, weekly challenges, and sports betting tournaments that allow members to compete against one another for cash prizes.
For people that want to bet on more than just sports, PowBet is one of the best Canadian bookmakers that offers dedicated horse racing, virtual sports, and an online casino too. With online slots, table games, live dealer games, and more, PowBet has a massive catalog of over 3,000 games casino games for players of all experience levels.
New members at its sportsbook Canada incarnation can take advantage of a welcome bonus for up to $150 while new online casino players can get up to $750 in bonus cash plus 200 free spins. PowBet is also one of the best betting sites Canada has access to when it comes to promotions for both sports bettors and online casino players, offering reload bonuses, cashback bonuses, and more.
PowBet Sportsbook Review – Pros Cons
Sports betting site with online casino games, jackpots, and tournaments
✅ Competitive odds and a wide variety of sports to bet on
❌ No live streaming options for sports
✅ Great for sports bettors of all skill levels
❌ In-play betting experience isn’t up to par with some of the best Canadian sportsbooks
✅ Fun new betting formats, including tournaments and weekly challenges
✅ One of the best Canadian sportsbooks for simple and safe payment options, including e-transfer and cryptocurrency
PowBet Sportsbook Review –
Welcome Bonus Offer:
PowBet currently offers new users at its sportsbook a 100 percent deposit bonus of up to $150.
To join PowBet and claim your bonus cash, click below.
2. BetWay – Combination of sportsbook and online casino make it one of the best betting sites in Canada
BetWay is among the best betting sites Canada bettors have at their disposal. The online oddsmaker has earned its due as one of the top betting sites in Canada by combining its online casino and sportsbook into one seamless product. Canadian bettors can wager on sports, esports matches, online casino games, live casino games, and more.
BetWay’s sportsbook Canada offers competitive odds, a long list of props and futures markets, and one of the best online casinos on the web. In addition to a new customer deposit bonus of up to $200, bettors can also capitalize on free bets, parlay bonuses, odds boosts, and a daily spin on the prize wheel.
Meanwhile, new casino users can receive Betway’s bonus of up to $1,000. Betway’s online casino also offers jackpots, free spins, tournaments, daily prizes, and more. Online casino players can enjoy a variety of table games, slots, live dealer games, and exclusive games that can only be found at BetWay.
BetWay Sportsbook Review –
Combination of sportsbook and online casino makes it one of the best betting sites in Canada
✅ Great odds and a long list of sports betting markets
❌ In-play betting experience is not as enjoyable or diverse as it is at some of the very best Canadian sportsbooks
✅ Reputable sportsbook and online casino
❌High rollover requirement for its sportsbook welcome bonus
✅ Top-notch promotional offers make this one of the best Canadian sportsbooks
✅ Excellent customer support
BetWay Sportsbook Review –
Welcome Bonus Offer:
Betway is one of the best betting apps for sports betting and online casino games.
Click below to cash in on a welcome bonus of up to $1,000 at Betway.
3. Bodog – Trustworthy online betting site Canada, offering sports betting, online casino games, and poker
The longtime oddsmaker, Bodog is one of the most trusted sites and has been serving Canadian customers for over 25 years. No matter what players are looking for, Bodog likely offers it and more.
With a clean look, strong promotional offers, and some of the best odds on the market, Bodog has established itself as one of the best online gambling sites in Canada. At Bodog, sports bettors can capitalize on competitive odds and a wide variety of props and futures betting options or make their own custom bets with #NameYourPlay.
In addition to sports betting, Bodog features horse racing, online casino games, live dealer games, and a poker room for players of all experience levels.
Bodog gives away a separate 100 percent welcome bonus for its online sportsbook, casino, and poker room, allowing bettors to make the most of their initial deposit. Bodog also offers users a lucrative 200 percent Refer-A-Friend bonus and a loyalty rewards system that hands out points for playing at its sportsbook, online casino, and poker room.
Bodog Sportsbook Review – Cons
Trustworthy online betting site that offers sports betting, online casino games, and poker
✅ Competitive odds for game lines, props, and futures markets in all sports
❌ In-play betting experience is not as smooth as top competitors
✅ Trusted brand with great features and modern design
❌ No mobile app
✅ Welcome bonus of up to $400 plus 50 free spins
✅ Make custom bets with #NameYourPlay and Props Builder options
Bodog Sportsbook Review –
Welcome Bonus Offer:
Bodog is a one-stop-shop for online gambling.
To join Bodog and receive a one-time welcome bonus of up to $600, plus 50 free spins, click below.
5. BestZest – E-sports betting site in Canada with sports betting and online casino games
With excellent sports betting odds and a wide variety of online casino games, BetZest has become one of the fastest-growing betting sites Canada. It has a modern design that makes it easy to use and browse through thousands of betting options. In addition to betting on sports, BetZest also offers odds for e-sports, politics, and entertainments events, like the Oscars.
Casino players can take advantage of online slots, table games, live dealers games, or virtual sports betting options. The online casino at BetZest has slots with lucrative jackpots and games with high payouts, making it perfect for players of all experience levels.
With software providers like NetEnt, Play n Go, and Evolution Gaming, BetZest has one of the best online casinos in Canada. BetZest also accepts a multitude of safe and secure payment options, including credit card and Interac e-transfer.
BetZest Sportsbook Review – Cons
E-sports betting site in Canada with sports betting and online casino games
✅ Excellent odds and a wide variety of sporting events to bet on
❌ Currently no welcome bonus for sports bettors in Canada
✅ Easy-to-use, modern design
❌ Doesn’t offer as many player props and futures bets as some of the best Canadian sportsbooks
✅ Best e-sports betting odds and online casino games
✅ Simple, safe payment options for Canadian players
BetZest Sportsbook Review –
Welcome Bonus Offer:
BetZest is one of the best e-sports betting sites in Canada.
For the best e-sports betting odds and markets, join BetZest by clicking below.
6. CyberBet – Betting site in Canada known for e-sports betting and casino games
For Canadians that want to bet on e-sports, CyberBet is a great place to get started. With live streaming events and great e- betting odds, CyberBet is one of the best e-sports betting sites in Canada. In addition to e-sports betting, CyberBet also offers competitive odds and game lines for matches in major sports leagues from around the world.
At CyberBet, Canadians can also play online casino games and cash in on over 1,200 online slots. It also supports innovative live games like Aviator, a new social multiplayer game that can payout up to 100x your wager.
Members can make deposits and withdrawals with safe and secure payment options, including cryptocurrency. One of the most modern betting sites Canada is home to, CyberBet accepts credit card, Interac e-transfer, Bitcoin, Ethereum, Dogecoin, and more.
CyberBet Sportsbook Review –
Betting site in Canada known for e-sports betting and casino games
✅ Excellent odds and a wide variety of sporting events to bet on
❌ Welcome bonus lags behind top competitors
✅ Easy-to-use, modern design
❌ Not enough bonuses and promotions for sports bettors
✅ Great e-sports betting odds and online casino games
❌ Limited props and futures betting options
✅ Simple, safe payment options at this sportsbook Canada, including cryptocurrency
Welcome Bonus Offer:
CyberBet offers a 100 percent deposit bonus of up to $100.
To join CyberBet and claim your online casino sign-up bonus, click below.
7. Hopa – Online casino and sports betting site in Canada with monthly cashback rewards
Known for sports betting and online casino games, Hopa offers great odds, competitive promotions, and one of the best loyalty rewards programs found at betting sites Canada. New members can sign up to Hopa for a welcome bonus package that offers a 100 percent deposit bonus of up to $200, plus 100 free spins.
Hopa members can use their bonus cash to bet on sports or hit the jackpot at the online casino, where they can cash in on slots, table games, live dealer games, and more. At Hopa, members can climb the loyalty ladder to prestige status, where they can receive free cash, free spins, exclusive offers, and an account manager to handle their daily needs.
In addition to its welcome bonus, players at the Hopa sportsbook Canada also benefit from monthly cashback and special access to other promotions like parlay bonuses. It also features sports betting tournaments that allow members to compete against one another for cash prizes, making it one of the best sports betting sites Canada bettors can access in our book.
Hopa Sportsbook Review – Cons
Online casino and sports betting site in Canada with monthly cashback rewards
✅ Competitive odds and markets for all sports
❌ In-play betting experience not up to par with with other betting sites Canada
✅ Emerging Canadian sportsbook and online casino
❌High rollover requirement for welcome bonus offer
✅ Daily sports betting leaderboards and tournaments
✅ Loyalty rewards program with cashback rewards
Hopa Sportsbook Review –
Welcome Bonus Offer:
Hopa is currently giving away a welcome bonus package of $200 plus 100 free spins.
To visit Hopa and claim your welcome bonus package, click below.
8. SportNation – Sportsbook in Canada with daily specials and odds boosts
SportNation has a clean design and all of the features that sports fans are looking for in an online sportsbook. Bettors can capitalize on some of the best odds for single-game betting in Canada or play online slots, table games, and live dealer games at the SportNation online casino.
At SportNation, members can cash in on free bets, parlay bonuses, and other promotions, like daily specials and odds boosts, that help bettors maximize their profits. SportNation also has some of the most user-friendly payment options, including credit card, Interac e-transfer, ApplePay, PayPal, and more.
SportNation Sportsbook Review – Cons
Sportsbook in Canada with daily specials and odds boosts
✅ Excellent odds and a wide variety of sporting events to bet on
❌ Not as many bonuses and promotions as other top sportsbooks
✅ Well-designed sportsbook with great account features
❌ Currently no welcome bonus for sports bettors
✅ Daily specials, odds boosts, and parlay bonuses
✅ Easy-to-use payment options, including ApplePay and PayPal
SportNation Sportsbook Review –
Welcome Bonus Offer:
SportNation offers some of the best payment options, including ApplePay and PayPal.
To join SportNation and cash in daily specials, odds boosts, and more, click below.
Betting Guides for Every Canadian Province
The Safe and Regulated Sports Betting Act removed a ban for single-event betting in Canada, allowing provinces to offer single-game betting options online. While Ontario is leading the charge towards an open marketplace, the rules for gambling are different in every province. We took a deep dive into sports betting in every province and territory to ensure that Canadians have access to the best legal betting sites in Canada.
To learn more about Canadian provincial gambling laws, provincially approved sportsbooks, and how to bet on sports in every region in Canada, check out our list of sports betting guides for each province and territory below.
- British Columbia
- New Brunswick
- Nova Scotia
- Northwest Territories
- Prince Edward Island
Canada Betting Sites Compared
Below, you will find a chart that details the different features across the best legal betting sites in Canada.
Comparing Features At The Best Legal Betting Sites Canada
|Cash Out||In-Play Betting||Parlay Bonus||Odds Boosts||Custom Bets||Welcome Bonus||User-Friendly Interface|
How We Rate The Best Betting Sites In Canada
While the number of legal betting sites in Canada remains limited, there are still several online sportsbooks that have already opened their doors to Canadian members. With the best online sportsbooks expected to come before the end of 2022, Canadians will soon be able to place legal sports bets with some of the world’s top sportsbooks.
For Canadians looking to cash in on their sports knowledge, signing up for one of the best sports betting sites is a safe bet. In order to make our list of online bookmakers, the top sportsbooks were subjected to a rigorous quality control check.
Using a combination of computer algorithms and expert analysis, we ranked the best sportsbooks in Canada based on select criteria, including: brand recognition, payment options, safety, security, overall value, and more.
For a complete breakdown of how we rate the best sports betting sites in Canada, check out the chart below.
How To Choose The Best Sports Betting Sites In Canada
|✅ Safe Payment Options
✅ Fast, Secure Payouts
Safety & Security
|✅ Safety & Security
✅ Protecting Privacy & Personal Information
Speed & Design
|✅ Fast Software
✅ User-Friendly Design
|✅ 24/7 Live Chat
✅ Convenient Customer Service Options
|✅ Best Odds
✅ Promotional Offers
✅ Special Features
Betting Exchanges vs. Sportsbooks in Canada
When it comes to betting online, Canadians have a few different options available at their fingertips. While most Canadians are familiar with the idea of placing bets with an online sportsbook or local bookie, betting exchanges have also become popular in recent years. Rather than bet against the house, a betting exchange allows sports fans to interact with each other, set their own game lines, and place bets with one another.
To learn more about the difference between an online sportsbook and a betting exchange, read on below.
What Are The Differences Between Online Sportsbooks and Betting Exchanges?
Unlike a traditional sportsbook, which offers bets at predetermined prices, a betting exchange is a marketplace that allows sports fans to place bets against one another.
Instead of accepting determined odds, two customers agree on the odds and stake for a wager, placing the bet with one another while incurring lower fees than those offered by traditional sportsbook.
A sports betting exchange is a great place for professional bettors and high-stakes bettors too. Since a betting exchange does not accept bets, professional bettors don’t have to worry about having their account limited to certain stakes or restricted in any form.
Single Game Betting In Canada
In Canada, sports betting and gambling fall under provincial jurisdiction.
Each province has determined its own legal gambling age. While some provinces like Alberta and Quebec allow gambling at 18 years old, most provinces and territories require players to be at least 19 years of age before gambling, placing a bet, or entering a casino. See the map below for a detailed breakdown of the legal gambling age by the province in Canada.
Single Game Sports Betting in Canada Bill C-218
Prior to the recent passing of Bill C-218, sports bettors were restricted to parlay bets and pool-buying schemes when wagering on sports.
This gave provincial lottery and gaming commissions the ability to monopolize the market. British Columbia started offering online lottery tickets and sports betting in 2004 and several provinces have also followed suit. Aside from a few inter-provincial agreements, bettors were not able to make wagers, claim winnings, or buy lottery tickets from outside of their home province.
The Safe and Regulated Sports Betting Act has opened up the marketplace for Canadians, who will now be able to legally profit from making single-game bets, props bets, and futures bets for the first time. With Ontario leading the way towards an open and regulated marketplace, sports fans in Canada could be single-game betting with some of the world’s best sportsbooks, including DraftKings and Fanduel, before the end of 2022.
Canada Single Game Betting Site
Thanks to the Kahnawake First Nation of Quebec, the country also has its own fully licensed online sportsbook and casino. Sports Interaction, which is run by Mohawk Online Limited, is licensed and regulated by the Kahnawake Gaming Commission and has been serving Canadian players online since 1997.
However, the emergence of online bookmakers has caused some confusion and placed the law in more of a legal grey zone. While it is illegal to operate an online casino or sportsbook in Canada without a license, there is no language in Canada’s Criminal Code forbidding players from using offshore websites to place their wagers.
That means Canucks are able to sign up, place wagers, and collect winnings from online betting sites Canada without breaking the law.
Canada Sports Betting Laws
While Canada’s sports betting laws don’t prohibit users from signing up with offshore sportsbooks, that doesn’t mean that bettors aren’t subject to specific rules and regulations. Before signing up for an online betting site, it is important to review the terms and conditions associated with creating an online betting account. Even offshore betting sites have rules for Canadian customers.
Below, we’ll do a quick rundown of some of the most basic rules and restrictions that bettors can expect to see from Canadian betting sites.
- Must be at least 18 years old.
- Must provide accurate account information
- Must own a valid email address.
- Must be a resident of Canada
- Must have a valid Canadian address.
- Must have a form of deposit and withdrawal accepted by online operators.
- Must not have been previously banned from online sportsbooks and casinos.
Geofencing by Location
Due to the regulations surrounding gambling in different countries, most online betting sites have strict rules about the locations from which users can access their accounts. Canadians will have to be mindful of geofencing when crossing the border into the United States or accessing their betting accounts from foreign countries.
Comparing Payment Methods At Online Betting Sites Canada
For new users, completing payments with online sportsbooks and casinos can be a stressful process. However, there is no need to worry, as most online betting sites Canada offer simple, safe, and secure payment options for both deposit and withdrawal.
Below, we’ll break down some of the most common payment methods available at the best bookmakers in Canada.
The Types of Payment Methods Offered By The Best Bookmakers In Canada
The best bookmakers in Canada make it quick and easy for members to deposit or withdraw cash to and from their account.
While most sportsbooks and new online casinos in Canada are legitimate, Canadians that bet online are encouraged to use safe payment methods in order to process transactions. The best sports betting sites in Canada feature secure payment options, including credit card, Interac e-transfer, PayPal, cryptocurrency, and more.
To learn more about each payment method, scroll down below.
Cryptocurrency adoption has skyrocketed over the last year and the best sportsbooks have followed suit by offering several cryptocurrency payment options. Among them, Bitcoin casinos have become popular, but there are also a wide variety of other cryptocurrency payment options available, including Ethereum, BitCoin cash, Litecoin, and more.
Gigadat is a Canadian payment solutions company that provides safe payment solutions for several online gaming providers. With a successful transaction rate of nearly 100 percent, Gigadat helps sportsbooks and online casinos process payments via Interac e-transfer.
Several sportsbooks offer their own Interac payment solutions, including Interac Online and Interac e-Transfer. One of the easiest ways to deposit and withdraw cash online, Interac has become one of the preferred payment methods for Canadian sports bettors.
One of the easiest ways to add funds to a sports betting account, credit cards are among the most widely accepted payment methods at the top sportsbooks. The best sportsbooks accept several different credit cards, including Visa, Mastercard, and more. While some card providers charge a fee for depositing cash, credit cards also add an extra layer of security for sports bettors that are processing transactions online.
Another widely used payment option that helps sports fans process transactions directly from their bank account, eCheck allows Canadians to pay via an electronic check. eChecks directly deposit cash from a customer’s bank account using the help of a payments processor.
Great for members that don’t want to process transactions directly from their bank account, ecoPayz is a secure online payment service that allows Canadians to send, spend, and receive money worldwide. A global payment solution, ecoPayz offers a safe and convenient way to instantly process payments with the best sports betting sites.
Established in 2001, Skrill is a digital wallet provider that allows sports fans to fund an account with one of the best sportsbooks without the frills offered by other payment providers. With Skrill, all members need to receive money online is an email address. Available in more than 120 countries, Skrill offers a wide range of payment services with low transaction fees.
Another widely used payment method, PayPal allows members to process transactions safely and securely online. While not as widely used as other payment options, the best sportsbooks also allow members to deposit and withdraw cash using their PayPal account. However, PayPal may deduct a fee from withdrawing cash from your PayPal account.
Another safe way to add money to a betting account, paysafecard is a prepaid online payment method that uses a unique 16-digit PIN code to process transactions.
A pioneer in digital commerce, paysafecard allows Canadians to make deposits and withdrawals without giving out their bank account, credit card, or other personal information.
Lastly, many of the best sportsbooks will allow members to deposit and withdraw funds with a direct bank wire transfer. Great for high rollers and high-stakes bettors, bank transfers allow sports fans to deposit and withdraw large amounts of cash safely and securely.
Below, we’ll compare some of the most popular payment methods available at online betting sites in Canada.
Comparing Payment Methods At Online Betting Sites Canada
|VISA||MASTER CARD||INTERAC e-TRANSFER||APPLE PAY||PAYPAL||INSTA DEBIT||BANK TRANSFER||BITCOIN|
How To Open An Account at Betting Sites Canada
Setting up a betting account at a new sportsbook in Canada is simple. Just like when you open an account with any app or online service, you will be required to enter and verify some of your personal information. Below, we’ll guide new users through the process of opening an account at one of the best sports betting sites Canada has, PowBet.
Step 1: Visit PowBet Website
First, Canadians will have to open their web browser and head to powbet.com. To register for an account, click “PlayNow” in the top right-hand corner of your screen and prepare to get started.
Step 2: Claim Bonus
Next, new users will be asked to claim their welcome bonus offer. PowBet offers a sportsbook bonus and casino bonus to new members. Canadians can also enter a promo code or decide to proceed without claiming a promotional offer. Members can simply select the bonus of their choice and click “Next Step” to proceed.
Step 3: Start With General Information
After choosing a welcome bonus, new PowBet members will be prompted to enter some general information. In this step, users will be asked to fill out their email address, country, currency, and phone number. Members can also opt to receive promotions via email and SMS by clicking the checkbox near the bottom of the screen. When users have filled out all of the necessary fields, click “Next Step”.
Step 4: Set Login Information
Next, members will have to set up their login information. To do so, choose a unique username and a safe password. Once members have entered their desired username and password, they can click “Next Step” to move on.
Step 5: Confirm Account Details
Before playing at PowBet, new members will have to confirm some personal details, including their name, birthday, gender, city, and residential address. Members must also check off the box near the bottom of the page to ensure that they are at least 18 years or older. Once members have completed all of the applicable information, they can click “Next Step” to proceed.
Step 6: Make A Qualifying Deposit
In order to receive the welcome bonus at PowBet, members must make a qualifying deposit. After signing up, members are prompted with a list of accepted deposit methods. Simply click the deposit method of choice, fill out the appropriate fields, including the deposit amount, and click “Deposit” to complete the transaction.
Step 7: Have Fun
Once members have made a successful deposit, they are ready to bet on sports or play online casino games. At PowBet, members can browse through a list of thousands of sporting events, online slots, table games, live dealer games, and more.
Bonuses and Promotions At Online Sportsbooks In Canada
Single-game betting in Canada is still new, so new sportsbooks in Canada often offer incentives to new users just for signing up. Bonuses and promotions are a way for betting sites to attract new users and encourage them to start playing. Most sites will offer a bonus just for signing up but there are several other types of promotional offers that bettors can capitalize on.
Before opting in or deciding to enter a promo code for a bonus offer, be sure to read the terms and conditions associated with the offer. Every sportsbook and online casino will have different rules and requirements to receive your bonus or withdraw your funds.
Rollover Requirements At The Best Sportsbooks In Canada
Rollover requirements are one of the most common rules associated with bonus funds. This is generally a wagering threshold that a bettor must meet before the bonus is granted or the funds earned using the bonus money can be withdrawn. The rollover can be expressed as a multiple of the deposit or the deposit plus the bonus. It requires users to bet a certain amount of money and may only include bets made at or above certain odds before the terms and conditions are fulfilled.
For example, at certain sportsbooks, you must roll over the full amount of your initial deposit before receiving your welcome bonus funds. This means that if you deposited $200 and received a 100 percent deposit bonus, you would have to bet through $200 at odds of 1.20 or greater in order to receive your bet credits.
The Best Way To Rollover A Betting Bonus
Rollover requirements can make it more difficult for sports fans to withdraw their cash. Over time, less profitable bettors may lose their bonus cash by either placing losing bets or not fulfilling the rollover requirement altogether.
In order to help Canadians capitalize on their welcome bonus offers, we’ll break down the best ways to rollover a sports betting bonus.
Understand the Terms and Conditions
This might seem like common knowledge, but members often overlook the terms and conditions when signing up for welcome bonus offers. In order to successfully rollover a sports betting bonus, members must first read and fully understand all of the terms and conditions associated with the offer, including rollover requirements, odds requirements, contribution percentages, and more.
Stick to Minimum Odds
Most rollover requirements also come with odds requirements for qualifying bets. In order to maximize their probability of making accurate predictions, sports fans are advised to stick as close as possible to minimum odds necessary to satisfy the rollover requirement. For example, if a sports betting bonus requires bets to be made at qualifying odds of 1.50 or higher, bettors should try to stick to selections priced at or slightly above that range over time.
Don’t Risk More Than You Can Afford To Lose
One of the most common mistakes when it comes to sports betting is risking more than you can afford to lose. When boosting their bankroll with a welcome bonus offer, most amateur bettors tend to increase the size and volume of their bets. However, this can prove rather costly, especially if bettors are unsuccessful on their initial predictions. Rather than being forced to redeposit quickly, bettors should remain mindful of their unit size and exercise some discipline when deciding how much to wager.
Think of Bet in Terms of Units
Since rollover requirements can reach as high as 40x the deposit plus the bonus amount, Canadians may have trouble withdrawing cash when betting online. One of the easiest ways to rollover a betting bonus is to think of bets in terms of units. Bettors must fulfill their rollover in a certain timeframe, and thus, can break down the number of units and bets needed to fulfill these requirements. Once bettors have narrowed down their unit size, they can stick to their unit size and gradually meet the requirements over time.
The Best Way to Rollover a Betting Bonus
|📖 Understand the Terms and Conditions|
|🎲 Stick to minimum odds|
|💸 Don’t risk more than you can afford to lose|
|📈 Think of bets in terms of units|
Types of Bonuses Offered By Betting Sites Canada
Below, we’ll cover the different types of bonuses offered by the top betting sites in Canada.
Welcome bonuses are often the most common and most lucrative promotions available to new users in Canada. The best betting sites Canada will either offer a 100 percent deposit bonus or a 100 percent matched free bet, giving first-time customers a chance to make the most out of their initial deposit. New users can exploit welcome bonuses across different sportsbooks and online casinos to maximize their bankroll.
The top sportsbooks in Canada will hand out free bets for a variety of reasons. At times, users may have to opt-in or qualify for a free bet by adhering to the terms and conditions of the offer. Sometimes, that may involve placing an original wager on the match but free bets can also be awarded as part of a loyalty rewards system. For example, at BetWay, parlay bettors enter the Parlay Club, which rewards members with a free $10 bet every week.
Some betting sites Canada-natives can access will offer risk-free bets on particular sports contests. These types of rewards don’t require users to risk any of their own funds to qualify for the bonus bet. When using a risk-free bet, sportsbooks will often subtract the original stake from the overall return. This means that bettors will only receive the profits associated with their bet, which encourages users to make riskier selections.
Parlays are the bread and butter for bettors. Most bettors in the Great White North are used to making parlay bets on sports but the best online betting sites Canada boasts take the experience to another level by offering accumulator bonuses. Parlay bonuses tack on a certain percentage to your winnings based on the number of selections that are included in your original bet. This allows bettors to increase their overall returns when winning a parlay bet.
While it is rare, some of the best sports betting sites Canada offers do provide users with a bonus without asking for a deposit. This allows new users to get their feet wet by making a few simple bets without risking any of their own money. Since these bonuses are offered for free, they usually come in smaller increments than some of the other bonuses on this list.
Reload bonuses give existing users a chance to top off their accounts with added bonus funds even after their initial deposit. While reload bonuses are often not as lucrative as welcome bonuses for new users, they are a great way for existing users at betting sites Canada to boost their bankroll.
Loyalty rewards are special bonuses that are offered to loyal customers. The top sportsbooks and online casinos use loyalty bonuses to retain existing customers and incentivize them to continue to make their wagers in one place. Some betting sites use a points system while others simply reward users based on how often they play.
While it might seem too good to be true, the best Canadian bookmakers and online casinos that will refund a portion of your losses back at the end of every week. This bonus is usually offered as a percentage of the total loss incurred by a player over a certain period of time.
For online casino players, free spins can be one of the most exciting kinds of bonuses to receive. A free spin is one spin of a reel on a slot game where you do not have to pay to spin. Free spins award players with real money without having to risk any funds of their own. Many betting sites that offer online casino and live dealer games will offer free spins as part of their bonus offerings.
Live Betting In Canada
Live betting is one of the best reasons to sign up for one of the top online sportsbooks. Unlike traditional sports betting options, the best sports betting sites allow Canadians to cash in on live odds during the course of a match. Live betting, or in-play betting, gives Canadians the ability to place bets and capitalize on momentum swings during the course of a game, allowing them to increase their odds and make more informed selections. Some sportsbooks also offer members the ability to live stream events, including MLB games.
The Best Betting Apps In Canada
Great for betting on the go, mobile betting apps make it convenient for Canadians to add funds, claim bonuses, manage their account, place bets, and more. However, not every sportsbook has a betting app that allows members to access odds and place bets right from a smartphone or mobile device.
Betway is one the few sportsbooks that offer betting apps in Canada for both iPhone and Android devices. Other companies, like BetVictor, only offer iPhone betting apps, while Bodog is among the best sportsbooks that offer betting apps for Android.
Canada Betting Laws Explained
The Royal Assent of Bill C-218 is slated to change the online betting laws in Canada. The Safe and Regulated Sports Betting Act is set to amend the Criminal Code and make single-event sports betting legal in Canada.
Previously restricted to making parlay bets, Canadians will be able to make individual wagers on Game 6 of the Stanley Cup Finals, the SuperBowl, or make season-long bets on the futures market, among many other selections. This should also make legalized sports betting more profitable for Canadians, who can now reduce their risk by wagering on only one event rather than combining two or more selections into a single bet.
According to Paul Burns, CEO of the Canadian Gaming Association, these changes are scheduled to take place as soon as Labour Day. Some provinces, like British Columbia, are positioned to use their lottery and gaming commissions to offer single-sports wagering almost immediately.
The legalization of single-sports betting in Canada also means that Canadians will be able to make wagers at their fingertips with some of the world’s best sports betting sites. DraftKings, FanDuel, and BetMGM are among the entities expected to obtain a gaming license in Canada in the near future. These popular US brands are expected to become major players in Canada’s sports betting market and should be ready to launch before the end 2022.
The Best Sports Betting Sites Canada Has To Offer By Sport
Hockey is Canada’s national sport but it isn’t the only sport that Canadians like to bet on. Canada is home to professional sports teams in some of the world’s most popular leagues, including the NBA, NHL, and MLB, and the country has its own football league, the CFL.
According to a report from the Media Technology Monitor (MTM), 77 percent of Canadians follow professional sports and 39 percent of Canadians follow amateur sports or competitions outside of the major professional sports leagues. With nearly 30 percent of Canadians watching sports every day, it should come as no surprise that bettors have an appetite for wagering on several different types of sporting events.
Now that single-game betting in Canada is legal, sports fans can cash in a number of new betting options, including single-game bets, props bets, and futures bets in the world’s top sports leagues at the best Canadian sportsbooks.
Below, we’ll go over some of the most popular sports to wager on at betting sites Canada.
The Best Canadian Bookmakers for Football Betting
Football is one of the most popular sports to bet on in Canada. For the first time, Canadians can profit from single-game football bets, including bets on the Grey Cup and Super Bowl.
Whether betting on the NFL or the CFL, football fans can find a wide variety of betting markets online, including game lines, props bets, and futures betting options.
One of the best Canadian betting sites, Sports Interaction offers excellent NFL game lines and Super Bowl odds, along with free-to-play contests, like NFL Pick’Em, that allow members to compete against one another for cash prizes. If you want to learn more about NFL betting and compare all NFL betting sites in Canada, we have a dedicated page for that here on Basketball Insiders.
The Best Betting Sites for Hockey in Canada
In Canada, hockey is more than just a national pastime. There are seven NHL teams in Canada, giving hockey fans rooting interest from coast to coast. With 22 ice hockey medals, including 13 gold medals, Team Canada has also dominated hockey at the Olympics. As a moneyline betting sport, hockey is also one of the most profitable sports to bet on in Canada.
Among our list of online bookmakers in Canada, Betway stands out among the pack as the best NHL betting site. Not only can members find competitive NHL odds and markets, but Betway also offers exclusive promotions for Canadian hockey teams and free bets for placing a parlay bet.
The Best Canadian Basketball Betting Sites
Home of the Toronto Raptors, basketball in Canada has been on the rise for more than two decades. While it hasn’t quite surpassed hockey as Canada’s national sport, the NBA is the fastest growing sports league in Canada in terms of popularity and growth.
Betting on NBA is popular in Canada too. Pro-Line recently brought NBA point spread betting options back to Ontario but the best NBA betting sites offer better odds, a wider variety of betting options, and bigger bonuses than provincial gambling sites.
Bodog offers some of the best NBA odds and features, including #NameYourPlay, which lets basketball fans request odds for custom props markets.
The Best Bookmakers In Canada for Baseball Betting
While it only has one Major League Baseball team, baseball steals the spotlight during the summer months when other sports are enjoying their offseasons. With a host of young stars, including Vladimir Guerrero Jr., the Toronto Blue Jays have become one of the MLB’s most exciting teams.
For MLB fans that want to cash in on the best baseball betting odds and bonuses, Betway is the best places to start. With excellent MLB betting odds and a fantastic welcome bonus offer, Betway helps baseball fans in Canada get the most value out of their sports betting experience.
The Best Sites for Horse Race Betting in Canada
Betting at the racetrack isn’t the only way to bet on horse racing in Canada. With access right from any smartphone or mobile device, betting online has become the best way to bet on horse racing in Canada. When it comes to horse race betting in Canada, Betway has more to offer than most sportsbooks serving up a price promise that enables members to get the best odds guaranteed on every horse race.
The Best Golf Betting Sites in Canada
Thanks to Bill C-218, golfers can do more than place friendly wagers on the golf course. In Canada, golf fans now have access to the best golf betting odds, along with golf props and golf futures bets. When betting on golf, Canadians can find the best golf betting odds and markets at Betway. Betway also offers special bonuses and promotions specifically for golf.
The Best Online Sportsbooks for Soccer Betting
With leagues in nearly every major country, soccer is one of the most popular sports in the world. One of the most trusted legal betting sites in Canada, BetVictor offers excellent odds for both domestic and international soccer matches. At BetVictor, soccer fans can cash in on free bets just for placing bets on some of the world’s most popular soccer leagues, including Premier League, La Liga, Series A, and Bundesliga.
The Best Sports Betting Sites for Tennis Betting
With four Grand Slam tournaments and a wide variety of major tournaments running year-round, tennis is one of the most popular sports to bet on at online sportsbooks in Canada. When betting on tennis matches, fans can find tennis match odds, along with set betting and point-by-point betting odds. For tennis fans that want to cash in on the best tennis match betting odds, Betway is one of the best places to get started. Betway offers a tennis parlay betting bonus
The Best Legal Betting Sites for Cricket Betting
While it might not get the same type of coverage in Canada, cricket is one of the most popular sports in the world. The best sports betting sites in Canada offer competitive cricket odds and markets, along with exclusive cricket betting bonuses. Among our list of online bookmakers, FezBet offers the best cricket betting odds and markets, along with a wide variety of sports betting bonuses.
The Best F1 Betting Sites in Canada
Formula One racing is the highest class of international auto racing in the world. In order to cash in on the best F1 odds, racing fans can make a pit stop online and sign up for Bodog, one of the best sportsbooks in Canada. Bodog offers new members a 100% deposit bonus, plus access to a wide variety of other bonuses and rewards.
Bodog members can also benefit from the site’s loyalty rewards program that offers exclusive bonuses, and occasional access to VIP tournaments.
The Best Canadian Sportsbooks for UFC Betting
For most fight fans in Canada, UFC has surpassed boxing as the most exciting combat sport. With new single-event betting options available in Canada, UFC fans will be able to get in on the action like never before.
The best UFC betting sites offer excellent fight odds for UFC Fight Night and UFC PPV cards, along with a wide variety of props betting options. When it comes to betting on the UFC in Canada, Betway offers early UFC fight odds for UFC pay-per-view events and UFC Fight Night cards.
The Best WWE Betting Sites in Canada
A leader in global entertainment, WWE is one of the most entertaining wrestling shows in the world. While some sportsbooks, like DraftKings, do not allow wrestling fans to bet on WWE events due to their scripted nature, the top sportsbooks in Canada offer odds for WWE matches and WWE pay-per-view events. When it comes to betting on the WWE, PowBet offers the best WWE betting odds for individual matches and WWE pay-per-view events.
The Best Canadian Esports Betting Sites
Esports has exploded in recent years, giving way to professional teams, competitions, and even esports betting. The best esports betting sites in Canada offer odds for CS:Go, Dota 2, Rocket League, Call of Duty, and more.
Below, we’ll break down some of the best sportsbooks for each esports game.
The Best CS:GO Betting Sites in Canada
For esports fans that want to bet on CS:GO, PowBet is one of the best places to get started. PowBet offers excellent CS:GO betting odds, CS:GO skin betting, and more. New members can sign up to Powbet for a 100 percent deposit bonus worth up to $150.
The Best Sites for DOTA 2 Betting in Canada
While it might not be known for esports, BetVictor offers competitive DOTA 2 betting odds and DOTA 2 props, along with DOTA 2 in-play betting options. New members can sign up to BetVictor to receive a matched free bet for up to $300. With no rollover requirements, the welcome bonus offered by BetVictor provides an easy way for Canadians to make real money betting online.
The Best Bookmakers in Canada for LOL Betting
When it comes to betting on League of Legends, FezBet offers the most competitive LOL betting odds and markets. In addition to betting odds on LOL matches, FezBet also offers a wide variety of LOL betting markets, including tournament winners, map one first blood, total gold handicap, and more.
The Best Canadian Rocket League Betting Sites
Great for Rocket League betting, Power Play gives Canadians access to Rocket League odds, Rocket League props, and Rocket League futures betting options. Members at Power Play can bet on individual matches or predict the winner of a tournament to cash in on bigger odds. New members at Power Play can sign up to cash in on a $100 free bet just for signing up.
The Best Call of Duty Betting Sites in Canada
Call of Duty is one of the most popular esports games to bet on. For Canadians that want to boost their bankroll and cash in on the best Call of Duty betting odds, Casumo is a great place to get started. New members can sign up for Casumo and receive a welcome bonus offer worth up to $500, which they can use to predict Call of Duty matches, Call of Duty tournament winners, and more.
New Betting Sites In Canada
The Safe and Regulated Sports Betting Act is expected to open up the marketplace and bring some of the world’s biggest sports betting brands to Canada. With new betting sites expected to come to Canada before the end of 2022, Canadians will be able to place legal sports bets with DraftKings, FanDuel, Caesars Sportsbook, and more.
As new betting sites continue to join the Canadian sports betting market, sports fans will get access to some of the best new sports betting features, including same game parlays, live streaming events, and cryptocurrency betting options. At sites like PowBet and Bodog, members can deposit and bet using cryptocurrency payment options, allowing them to deposit and withdraw funds securely in a matter of seconds.
Parlay Betting at the Best Canadian Sportsbooks
Parlay betting is legal; a feature at most of the best Canadian bookmakers and run through provincial lotteries.
Pro Line, one of the most popular sports products in Canada, offers parlay betting for several sports leagues, including the NBA, NHL, NFL, and MLB.
What Is Parlay Betting?
A parlay is a powerful tool that combines two or more selections into one single bet, increasing the potential risk and reward of a single wager. When making a parlay bet, the odds of each selection are multiplied together, increasing the overall return.
How Does Parlay Betting Work?
In order to win a parlay bet, all of the selections on your bet slip must be correct in order for the bet to be settled as a winner. If even one of the selections loses, the entire bet is settled as a loss.
Other Types of Gambling In Canada
Below, we’ll break down some of the other ways that Canadians can gamble online.
Casino Gambling in Canada
Casino games are one of the most popular ways to gamble in Canada. Bricks-and-mortar casinos have dominated the landscape but the move to single-event wagering will likely bring with it some major changes.
Currently, there are 88 land-based casinos in Canada that offer full services, including table games. There are an additional 32 casinos that offer slots, video lottery terminals, and virtual table games. Caesars Windsor is one of the land-based casinos in Canada that also offers parlay-style sports betting in addition to traditional casino games.
Don’t be surprised to see a major overhaul with several of Canada’s land-based casinos joining the online marketplace. With strong customer bases and loyalty rewards programs, these casinos will be able to offer more value than most online casinos in Canada.
For example, Caesars already has a fully functioning online casino, sportsbook, and poker room available for US players. Just like at its land-based casinos, online bettors are awarded Caesars Rewards points for how often they play. With the framework already set, it is just a matter of time before more casinos follow suit, integrating online casino gambling in Canada as part of their offerings.
Online Poker In Canada
Canadians have always been welcome at the best online poker sites, including PokerStars and Bodog, but there has been some confusion surrounding whether playing online poker is legal in Canada.
Like betting at the best Canadian sportsbooks and online gambling, the rules for playing online poker in Canada fell into a legal grey area prior to Bill C-218. However, most of the legislation in the Criminal Code focuses on operators and there is no official language barring players from using offshore websites or online poker rooms.
This means that poker players in Canada can still capitalize on cash games, multi-table tournaments, guaranteed prize pools, and sit-and-go tournaments from the top poker sites online.
In the US, the legalization of online sports betting paved the way to bring online poker back into the mainstream market. While online poker wasn’t explicitly mentioned in Canada’s new gambling legislation, it is expected to follow suit, much like in the US.
Are Sports Betting Winnings Taxed In Canada?
In Canada, winnings from sports betting, poker, and casino gambling are generally not considered to be income. Thus, gambling profits are considered to be tax-free, which is a major plus for Canadian bettors.
However, there are some exceptions. If gambling is the main source of a person’s income, then it may be considered as a business income. By law, Canadians must declare business income. So, if gambling is your bread and butter when it comes to making money, you may be subject to tax on your winnings.
For most poker players, casino gamblers, and sports bettors, that is simply not the case. That means residents can keep 100 percent of their gambling profits without fear of being taxed, even when single-game betting in Canada.
Final Thoughts About Canadian Sports Betting
For most sports fans, the best betting site in Canada will ultimately come down to personal preference. Most bettors tend to stick with the companies that they are most comfortable with.
Signing up for an account with more than one betting site is one way that bettors can get the most out of their online gambling experience. Users with accounts at multiple betting sites can capitalize on better odds and markets, cash in on promotional offers, and take advantage of different casino games.
When single-game betting in Canada, great odds and bonus offers are essential for bettors that want to maximize their edge and add instant value to their bankroll.
Speed and functionality are also important qualities to look for in a betting site, especially for those interested in-play betting, playing poker, and participating in live dealer games. Choosing a betting site with offerings that are tailored towards your style of betting can also help increase your overall return on investment.
What Is The Best Canadian Sportsbook?
Whether you are a recreational gambler or serious about turning a profit, choosing one of the top betting sites in Canada is an easy way to get the most out of your online betting experience.
A great place to start betting online, PowBet is our pick among the best Canadian bookmakers. The best betting site in Canada for online casino games and slot tournaments, PowBet offers new members a 100 percent deposit bonus of up to $750, plus 200 free spins.
To sign up for PowBet and claim this limited-time welcome bonus, click below.
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