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You’d think that choosing a sports betting site from Canada would be easy. However, every online sportsbook serves a unique mix countries, supports a unique selection of currencies and offers their own distinct features. Not every site accepts Canadian customers nor offers CAD accounts. When trying to bet from Canada your first priority should be to avoid wasting time at sites that will not accept your registration. This is a problem.
If you have watched any European soccer matches, you will have noticed many betting
brands advertised at the side of the field. However, many of these brands like Ladbrokes,
SkyBet, BetFair, Paddy Power, bet-
Further making it harder for you to select the right betting site, many sportsbook review sites or odds sites often promote brands directly to Canadians that do not offer Canadian dollar accounts. It sounds crazy but it’s true. Brands like 5Dimes, BetOnline, Bookmaker.eu and many others will accept your account, but you’d need to play in another currency, which means you will pay significant, hidden currency exchange fees.
All the sites that we list will accept your registration and support CAD accounts. With all the confusion that can exist in merely choosing a betting site from Canada, we know you will likely have other questions about online sports betting and the related processes. Given this we outline some of the most important topics as they pertain to the Canadian situation. You’ll see these issues noted in the top navigation. Simply click on them to scroll directly to that issue.
The legal situation with regard to sports betting in Canada is strange to be sure.
We’re not lawyers, but plenty of writing has been done on the subject and plenty
of news reports have discussed the topic in consultation with Canadian gaming industry
lawyers. The bottom line is that you can register with off-
Sports betting in Canada is governed by the provinces. Across Canada, as stipulated
by the Criminal code, gambling on the outcome of single sporting events is not allowed.
From an anecdotal perspective, you likely know this is correct if you have ever
played the various sports betting games run by provincial lottery corporations. All
these games require players to choose ‘parlays’, or wagers that require more than
one correct predicted result in order to play. This is why most interested players
move to betting sites that are run from other jurisdictions -
Is this likely to change soon? This is difficult to foresee completely. There have
been recent attempts to regulate sports betting through amendment of the criminal
code. The latest attempt, Bill C-
Further complicating the issue is that First Nations groups have moved to become
leaders in the area of international online gaming regulation. The Kahnawake Gaming
Commission, located in sovereign Mohawk Nation lands just outside of Montreal, is
now the regulator of many top international gaming brands including the only purely
Canadian sports betting brand, Sports Interaction. Given the rights of this group
to conduct this business as they see fit, it is unlikely that ‘off–shore’ sports
betting in Canada is to see any regulation to contradict this right in the near or
Update June 2021: Canada passed Bill C-
Every reputable betting site around the world is mandated by their regulators to
Most betting sites set their limits by the amount that can be won in a given day, in a given sport, by a single person and within certain betting markets. If you want to bet on the main betting markets for top sports leagues like the Premier League, La Liga, Serie A, the Champions League, NFL, NBA, MLB or NHL you can win as much as half a million CAD per day with most of these betting sites. For details, you can find the limits within the betting rules or help sections of each given site.
Several betting sites have developed a feature that lets you settle your bet before an event has reached its natural conclusion. This means that your betting site might make you an offer to settle your bet during the match or in some cases, before the match has begun. Each of these features is a little different with regard to the sports they work with and the kinds of bets to which they may be applied in terms of singles, parlays or round robins.
Gambling and sports betting can be addictive. Both activities are risky, you may lose all the money that you wager. Sports betting should for be for entertainment purposes only. When the fun stops, please stop. You likely have people that rely on your financial support. Please think of these people. If you need help, please visit to the Responsible Gambling Council to find help in your province.
Canadian Dollar sports betting sites: do not take CAD account availability for granted
A lot of people search for ‘Canadian betting sites’ or even ‘Canadian Dollar betting sites’. Unfortunately, many highly respected odds sites and sportsbook review sites market themselves as ‘for Canadians’, but they recommend betting sites that would force you to exchange your funds into another currency in order to play. If you are going to bet online, ensure you do so directly in Canadian Dollars as it removes the complication and cost of currency exchange. A lot of people don’t think very much about this. They think the funds just get converted to the new currency and that’s it. That’s not it. Every time you have a transaction in this world that involves a currency exchange, you are paying a significant hidden fee.
Your currency exchange provider, be it a bank, credit card company, e-
The exchange rate that they paid to actually secure your funds is lower than the rate provided to you. In effect, with every currency exchange, whether depositing funds or withdrawing them back to Canada, you’ll be losing approximately 3% to 5% of the original value.
Why would you want to just give this kind of money away when there are established, reputable providers that can offer you everything you want AND they offer accounts in your native currency. Keep your money for your enjoyment. You pay enough in banking fees as it is in Canada. All the betting sites listed on CanadaBet.ca let you deposit, bet and withdraw CAD.
While there are a limited number of sports betting apps available within Canada, all the best companies for Canadian bettors that we list offer their service in a mobile perspective through your mobile web browser. Assuming you are using a smartphone on one of the 4G LTE networks, your experience will be very fast and you will be able to follow matches live and bet in play without much of a hint of lag.
If you enjoy betting frequently, these kinds of differences add up, especially if you enjoy parlays or round robin betting where your odds are potentially multiplied many times over. This leads to payouts that can vary from 10% to over 50% between betting sites for the exact same predictions.
Below, you’ll find the odds margins and the odds for the point spread from each of
our listed betting sites for Super Bowl 52 as of January 29, 2018. You will see
the relationship between high odds and lower odds margins. (NE was the favourite
in terms of the point spread, with lines ranging from -
Banking with your sports betting site from Canada in CAD
Transacting with your chosen betting site from Canada is super easy for most. For others, you may need to explore payment services that might not be familiar to you. First let’s talk about the most common forms of banking or making payments with your betting site of choice: credit cards and debit cards. To start, some Canadian banks may refuse to process your transaction with these cards. If yours does, simply move to use the methods listed below, there are plenty that will not have these issues.
Second, you may not want to use credit cards as your main funding method. When funding a betting account with a credit card from Canada, your transaction is treated as a cash advance as opposed to a purchase. This means that interest will begin to accrue from the moment of your transaction. This might be satisfactory if you just want to get started fast, but you should look into other methods below as they will be less costly over the long term. For example, you may prefer to use your debit card. Whether you know it or not, your Canadian bank debit card can be used essentially everywhere MasterCard or Visa is accepted, even if your card does not display this logo. Simply enter your bank card number as if it were a Visa or MasterCard and follow the prompts. The betting site will debit your bank funds as CAD directly to your Canadian Dollar betting account.
If you are curious about PayPal as a banking method for online sports betting from
Canada, unfortunately, due to regulatory reasons, PayPal and other popular e-
Don’t worry though, there are great bank account debit services like Instadebit and
iDebit that let you deposit and withdraw funds securely and cheaply with your betting
site. EcoPayz is another e-
Yes! Though you should understand straight away that these sports betting bonuses are meant to encourage and reward your continued play. They are not intended to exist as an offer of ‘free money’. None of the offers are free. They all require that you make a deposit and then a number of qualifying wagers. To be a ‘qualifying wager’, a bet usually must be placed on an event that has odds that are above a set threshold. In other words, a bet on a heavy favourite like Real Madrid over a relatively weak team is unlikely to be counted as a qualifying bet.
Note that low odds margins do not always make for the best odds. Odds can change and fluctuate based on how the given company has seen action at their site. If for some reason a given team has seen a disproportionate amount of betting at a given company, that company may need to adjust their odds in an effort to balance their payout exposures. So even if a company works with higher odds profit margins, they could have better odds for your current predictions. So if you enjoy parlays, round robin betting or outright winner betting markets, it actually makes economic sense to compare your odds and payouts with a betting odds comparison site for Canada like oddsjet.com. Their service is free and private, and they have a version just for Canadian bettors. For your convenience below, we’ve provided links to some of the most popular leagues and betting markets for bettors in Canada.