Most Canadians love ice hockey, and they can use their knowledge about the game to make strategic bets at online bookmakers. But those who prefer other sports can join in on the fun too.
It’s important to be well-informed when it comes to picking a betting site too, which you can find out more below, with the available features and deposit options detailed as well.
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Online sports betting laws in Canada
Many people make the infuriating mistake of believing the US and Canada is the same country, but the different laws and interests will make you realise the two are very different.
Online sports betting in Canada, for one, operates in a grey market, which is a step up from the USA (despite the ongoing sports betting case). The country has failed to keep up with the ever-advancing online environment, meaning offshore operators can accept Canadian punters.
Canadians can place a bet online at these sites located overseas, and while it’s not exactly legal, the government does not enforce the law for individual residents. Authorities do go after operators that set up shop within Canada’s borders and don’t have a license. The government also leaves it up to individual provinces to determine if they want to regulate and license betting sites, such as Ontario.
The country’s Criminal Code features a unique stipulation stating it is against the law to bet on a single sporting event or athletic contest. Therefore, Ontario licensed betting sites, for example, can only offer markets on multiple outcomes, known as parlay betting.
Legal sports betting services (usually the Pro-Line service in Canadian provinces) allow parlay betting, with maximum bet size and the number of bets a punter can place restricted. Punters have to be at least 19 (legal drinking age), and tickets are purchased either online, at land-based venues, or both.
Punters in the territories (or the North) can also make parlay bets, usually capped at $250 per day.
Offshore bookmakers, with CAD widely available and bets on single sporting events, also accept Canadians. Remember, you’re playing at your own risk when gambling at sites located overseas, so mitigate it by doing your research and choose reputable sites. Additionally, always remember to gamble responsibly.
Canadian sports betting sites
If you’re ready to bet, it’s time to check out the available sportsbooks to you. Canadians have access to a wide range of betting sites, and in the table above you will see several options, irrespective of whether you are reading this on a smartphone or desktop device.
You can sign up to any of the Canadian betting sites by following the links. Click or tap on the buttons in the table, or read the reviews to find out more information on each online bookmaker. Each site has its own take on a sportsbook, with promotions (read all terms and conditions attached), varying sports betting markets and available deposit options. Take a look at a few to find the best fit, for example, Mybet is a popular online betting site, but it only offers EUR and USD. 888 Sport, on the other hand, accepts CAD and allows you to make a Canadian Bet.
What is a Canadian Bet?
A Canadian bet is made up of 26 bets across five selections: 10 doubles, 10 trebles, five fourfold accumulators and one fivefold accumulator. To be successful, punters need two or more of their selections to win.
What sporting markets can Canadians bet on?
Canadians love their sport and there are a few different types that are more popular than others in the country. Fortunately, Canadians can bet on these sports and use their knowledge of the game to have a punt.
- Ice Hockey is considered to be the most popular sport in the country, you’ll find ice hockey betting markets at all of the recommended reputable betting sites. Since it’s played all year round, you’ll always find a site offering great odds for the game.
- Curling is also an adored pastime in the country, with the winter sport featuring a massive following and competitions broadcast regularly. While it might be hard to find betting markets for curling, you will be able to bet on the sport when the Olympics are on.
- While curling is considered the country’s Winter Sport, Lacrosse takes over in summer. The game has a rich history in Canada, and you may be able to find betting markets during the appropriate season.
- The world loves football, and Canadians can have a punt on national and international games at all of the betting sites listed in the table above, all year round.
How to deposit and withdraw with CAD
Fortunately, Canadian punters can deposit, bet and withdraw with the Canadian dollar at offshore bookies, with the currency widely accepted. Common deposit and withdrawal methods available at Canadian betting sites include;
- Visa, MasterCard, Amex, etc.
- Neteller, Skrill, PayPal, Ecopayz
- Standard wire transfers, Instadebit, Instant bank transfers
- Bitcoin, Litecoin, Ethereum
- Cheque, Money Order, Western Union and more
Once you have created an account, you can visit the cashier to view the available local payment methods. Take a look at the fees incurred, and be sure to note any currency conversions if you’re going to bet with USD instead of CAD.
Once you have funded your sportsbook account, you can start betting on your preferred sporting markets. Any winnings can be withdrawn with the above methods, if available, by cashing out at the cashier. It’s important to note, deposits are usually instantaneous (except for standard bank transfers), while withdrawals can take several days to process.