What comes to your mind when you hear the name Canada? Extremely cold
weather, ice hockey and maple syrup is what defines Canada in most
people’s eyes. Although, online sports betting industry is in its
nascent stages in Canada but the future looks brighter for online sports
betting in Canada. In this ranking, we have reported the sites that are
optimized for the Canadian market, that accepting Canadian dollars.
Sportsbooks
Rating
Offers
Singles
Payout
Extra Live
Currencies
Supported Countries
A+
$0,20
95,50%
A+
$0,10
94,50%
A+
$1,00
93,75%
A
$1,00
98,00%
A
$1,00
95,50%
A
$0,50
96,25%
B
$0,50
95,00%
B
$0,01
93,00%
C+
$1,00
94,25%
C+
$0,50
91,00%
C
$2,00
93,50%
Canada have an emerging online gaming market and it is home to the
Kahnawake Gaming Commission, an Indian tribe lead gaming regulator that
was one of the first to license and regulate online gaming in Canada.
Canadians are new but exciting players in the multi-billion dollar
industry of online sports betting.
Deposit options for Canadians
If you are a Canadian sports betting fans, then you are in luck because
you will have access to numerous deposit and payment options. Some of
the best ways to deposit money to online bookmakers in Canada is through
Skrill and InstaDebit. Although, there are many other options as
well but they are two of the most reliable ones.
Skrill are one of the most popular e-wallet service in the
world. If you have a
Skrill account and want to deposit money then
you can either use your credit card or take advantage of bank wire
transfers. You will not face any problem when it comes to cash out to
your Skrill account.
The major difference between
InstaDebit and Skrill is that Skrill
also deals with international clients but InstaDebit is only
restricted to local Canadian public. This is the big letdown especially
when you consider the global market of online sports betting. The main
reason behind this is that this e-wallet service is closely integrated
with Canadian banking system. Therefore, only Canadian players are
allowed to transfer funds.
By farm one of the fastest ways to deposit money is through a credit
card. Many sportsbooks also offer support for different credit cards,
which is an added bonus for Canadian sports betting fans. Other options
include person to person transfer or bank transfer. If you do not like
Skrill or InstaDebit, using the credit card is the next best
option for depositing money into one’s bank account.
Meanwhile, if you are using
MoneyGram for person to person transfer,
then you will have to pay a little extra because it is one of the most
expensive options out there to deposit money. What’s more, you will have
to go through a complicated process to deposit money, which makes it the
worst option when depositing money into sports booker account
The biggest setback for Canadian sporting betting fans is that
Neteller
is not available in Canada. Neteller is one of the biggest e-wallet
service providers in the world. First they discontinued serving American
then the turn of Canadian came. This was a repercussion of a US
government crackdown against online betting in 2025.
Selecting sports betting services in Canada
Canadians are spoilt for choice when it comes to number of odds and
betting options available to them. Canadian licensed and regulated
sportsbooks will have odds on most all sporting events including NHL
hockey and the Canadian Football League. American sports and foreign
leagues are offered at most Canadian online bookmakers, such as the
National Football League and English Premier League.
Never miss out on generous bonuses from these Canadian sportsbooks. This
will give you something in the range of 100-1000 Canadian dollars. The
amount of bonus usually depends on the deposited amount. Canadian
bookmakers also offer promos such as reduced juice on some bets and free
plays that may or may not require a deposit. Maximize your bankroll with
these offers and enjoy the betting experience fully.
Another important factor to consider for Canadian bettors will be the
prevalence of NHL puck lines at their online sports betting sites in
Canada. Puck lines are combo odds that offer a spread and money line
bettor in the same bet. These odds have become a huge hit with hockey
bettors over recent years, offering bettors a new way to wager on a
century old game.
What about taxes?
If you are professional punter and take part in online sports betting
then you will have to pay taxes on your winnings. If you consider
yourself as hobbyist and register as the hobbyist then you are safe from
paying taxes.
There is no doubt that Canada has a bright future ahead and will emerge
as a major player in the global online sports betting market. The laws
and regulation provide favourable environment to all the stake holders
involved. Let’s take a look at the legal implications of betting in
Canada. This keeps the annoying players away while giving the deserving
players a chance to show their talent.
Legal issues
The major difference between Canada and other countries with respect to
laws regarding online sports betting is that Canada has complicated laws
for sports betting. This makes it tough for the laymen to understand the
consequences of gambling and online sports betting. It increases the
chances of unintentionally breaching clauses of the law and get into hot
waters. Different provinces have different laws regarding sports
betting.
Most online sports betting websites and other online gaming sites mostly
accepts Canadian citizens as their only customers. No one other than a
Canadian is allowed to join in. The Canadian government also allows
province to accept advertisements promoting online poker rooms and
online sports books. Invest some time and money to better understand the
legal issues of gambling in Canada so can protect yourself from such
legal problems in a much better way.
Furthermore, no Canadian citizens have been charged for betting sports
online or for any other form of online gaming. No one would love to the
first one to be reported for online sports betting. In conclusion,
online sports betting in Canada is a grey area of legality but is not
actively policed by the government, so it is perfectly safe for
Canadians to bet on sports in the digital world.
Complete List of Bookmakers
How does it work?
Detect your ideal bookmaker and click on its logo.
Visit bookmaker review page and check if your country is supported.
Check if there is an url for your country or click on the official website.
