Canadian Betting – Best Online Sportsbooks in Canada

Best Sportsbooks for Canadians: Legal Online Sports Betting

All of us at CanadianBetting.ca are passionate about finding the best online sportsbooks for residents of Canada. There are many things to consider when opening a new betting account including: Legality, reputation, odds value, betting options, deposit methods, customer service and payouts. You also want to bet with a place that processes deposits, withdraws and bets in Canadian dollars. Sign up bonuses and extra promotions can also be a great incentive to choose one book over another. Below we have done the homework for you.

Legal Canadian Sportsbooks

Placing online sports bets is perfectly legal for Canadian residents. The key thing to consider is where a sportsbook is licensed. The longest running and most reputable sportsbooks are licensed in the UK  and may even be publicly traded on the London Stock Exchange. There are some online sportsbooks who claim to be located and licensed in Canada, but theses sportsbooks are technically operating illegally on Canadian soil, albeit native lands (Kahwanakee) You will have major problems when it comes to deposit methods and receiving payouts in a timely fashion. It’s best to avoid these sportsbooks.

Listing of Canadian Friendly Sportsbooks

Sportsbook
Bonus Review
Odds & Props
Features
Visit Site
100% up to $200
read this
Extra Promotions
Bet365 Canada
No Bonus
read this
Best Odds & Limits
Pinnacle Sports
100% up to $100
read this
Deposit Methods
William Hill
$100 in Free Bets
Loyalty Program
Sportingbet
$120 in Free Bets
Extra Promotions
Ladbrokes
$88 in Free Bets
Extra Promotions
888 Sportsbook

Betting with Canadian Funds and Deposit Methods

Our recommended Canadian betting sites all accept deposits, bets and cash outs in Canadian funds. No need for any service charges or exchange fees. In fact many of these sportsbooks support deposits in any currency denomination. Customers choose their preferred currency upon setting up their new account. When it comes to making your first betting deposit, there are many options to choose from. Most commonly Canadians deposit using a Visa and Mastercard, which is perfectly fine but you may run into some difficulties with regards to payouts as  you will need to have a cheque mailed as opposed to a credit back to your card. Also some issuing banks in Canada have set policies to block credit deposits for online gambling to safe guard their customers. Learn More

Deposit using a Bank Account

At Canadian Betting we strongly recommend the use of an online wallet like Instadebit or IDebit, they work just like Interact or Debit and enable you to deposit funds from any Canadian chequing account from any Canadian bank. Deposits are processed instantly and payouts go straight back to your chequing account in 48 hours. This has become the most popular way for Canadians to fund their online betting accounts. Another popular betting deposit method is PayPal but that is currently unavailable for Canadian residents.

Deposit using Cash or Pre-paid Credit Card

For Canadians who do not want to fund their betting accounts using a bank account or credit card, there are other options available including Entropay which is a virtual pre-paid Visa and Ukash which is a voucher you can pick up at a local Canada Post office using cash. Both are great options for Canadians who prefer to use cash up front and do not want to share a lot of personal information with third parties. Both of these methods are extremely popular and safe and used for betting deposits world wide.

Canadian Sportsbook Promotions and Bonuses

Many sportsbooks offer special promotions and most times these are different based on which region the customer comes from. For example, Bet365 has a $200 cash sign up bonus for Canadians whereas the sign up bonus for Europe is a free bet instead. Sportingbet offers a special $100 free bet for Canadian customers only. These promotions are definitely worth taking into consideration upon choosing a sportsbook. Pinnacle Sports offers something different entirely. They increase the payout odds on bets so that customers win more money on every bet as opposed to a sign up bonus. If your someone who places lots of bets or big bets, Pinnacle would be the smarter choice.