Ultimate Guide to Sports Betting in Canada: Top Sites & Legal Info

Best Online Sports Betting Sites in Canada

There are a few things to consider before picking an online sports betting site in Canada, starting with the in-app features. 

Start by picking a sportsbook that is easy for you to navigate. After that, the variety of betting options and the competitiveness of the odds, which can significantly impact the overall betting experience, are assessed. Lastly, scan the app's user interface, its mobile compatibility, and available features such as live streaming and cash-out options.

At Odds Shark, we have full reviews of each sportsbook:

 

Sports Betting Canada Quick Facts 

  •  
    Image
    Canada Icon
    Launch date: April 27, 2021
  •  
    Image
    Canada Icon
    Legal betting age: 19 (18 in AB, MB, QC)
  •  
    Image
    Canada Icon
    Legal Sportsbooks in Canada: Over 35
  •  
    Image
    Canada Icon
    Legal Betting Regions: All provinces and territories
  •  
    Image
    Canada Icon
    Is Online Sports Betting Legal? Yes, but not always regulated
  •  
    Image
    Canada Icon
    Best Available Sportsbook: Sports Interaction
  •  
    Image
    Canada Icon
    Regulated Canadian Betting Markets: Ontario

 

Deposit Methods for Betting Sites in Canada

Trust and security are the top priorities when deciding on a deposit method at a Canadian sportsbook. 

Before you make a choice, consider the reputability of each payment processor. Notable methods, such as Apple Pay, for example, are considered safe and protected by encryption protocols. Additionally, consider any associated fees and processing times to ensure a seamless and cost-effective funding experience for your betting account.

Credit card deposits, like MasterCard and VISA, are always popular and offer secure, instant deposits. Alternative third-party payment processors, like PayPal and Skrill, are also available, but those methods typically take longer to facilitate payments. 

 

How We Rank Canadian Sportsbooks

Our sports betting experts have scored and compared each Canadian sportsbook and betting app through multiple categories, including user experience, bet boosts, and the latest improvements. 

We always prioritize user experience when ranking the best betting sites in Canada, which takes many forms. Is the app easy to use? Does it have fast, reliable payout options? Are its bet boosts fair or even advantageous for new users? These are all elements we’re constantly considering. 

As always, finding a sportsbook you trust is the top priority. That’s why we’ve outlined a trust factor checklist to quickly and easily ensure each sportsbook is the best fit for you, click here.

 

Odds Shark 6 Trust Factors

  •  
    Image
    Same Game Parlay Icon
    User Experience: The sportsbook lays out its odds markets clearly and concisely, making betting on different sports a seamless and enjoyable process.
  •  
    Image
    Same Game Parlay Icon
    Bonus Availability: We look for sportsbooks that offer value in their customer deals. From killer welcome bonuses and promo codes, to lucrative existing customer offers, rebates, and VIP programs. Sportsbooks must offer something better than average otherwise we won’t recommend them.
  •  
    Image
    Same Game Parlay Icon
    Payment Methods: The most trustworthy sportsbooks offer a variety of reliable deposit methods with reasonable payout speeds.
  •  
    Image
    Same Game Parlay Icon
    Sport Odds Variety: We champion sites that provide extensive odds across a huge range of global sports. Sportsbooks must prove they are ready to promote big events, such as the US Open golf, Olympics, Wimbledon, and Super Bowl. A range of sports and in-depth betting options is what we like to see!
  •  
    Image
    Same Game Parlay Icon
    Safety & Security: Odds Shark takes player safety very seriously. We only recommend betting sites that match our high degree of safety and security standards. That means a site must operate 256-bit SSL or TLS encryption as standard. They also need to provide fair T&C for all players.
  •  
    Image
    Same Game Parlay Icon
    Regional Availability: We make sure each recommended site is accessible in your region. Sites may be licensed in other elsewhere, but they must be easily accessible to you in your current location.

 

Legal Sports Betting Canada

The current landscape of legalized betting in Canada is complex and evolving. On August 27, 2021, the passing of Bill C-218, also known as the Safe and Regulated Sports Betting Act, allowed single-event sports betting. This milestone marked a significant shift in Canadian sports betting regulation, opening the door for expanded betting opportunities.

Ontario’s sports betting market was regulated on April 4, 2022, offering online and retail betting. British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, New Brunswick, Nova Scotia, and Prince Edward Island also offer online and retail betting.

Sports betting is legal in the Yukon, Nunavut, and the Northwest Territories, but for retail only. 

 

Sports Betting Tips in Canada

Here are a few betting tips to consider when online sports betting in Canada: 

Find The Book For Your Sport

You can find odds for the Leafs and Oilers game at any of our featured books, but some apps have a better selection than others. So, before you dive in, examine our breakdowns of the best options when it comes to NFL betting sites, NBA betting sites, NHL betting sites, and MLB betting sites. 

Manage Your Bankroll

Managing your bankroll is crucial and helps avoid reckless wagering, stay in the game longer, and maximize your chances of long-term success. The best way to manage your bankroll is by sticking to a consistent unit size and budget, regardless of wins or losses.

Shop Around For The Best Lines

Shopping for lines is essential because it allows you to find the best odds available, increasing your potential profits. If you register for multiple sportsbooks, you can peruse which sites offer the best value for any given bet. 

For example, if you want to bet on the Blue Jays to win the World Series or the Oilers to win the Stanley Cup, check out a few different Canadian sports betting sites to see which book offers you the best line value.

 

How To Sign Up At A Canadian Sportsbook

Once you’ve researched the best Canadian sportsbooks, you can register in a few simple steps. Here’s how to proceed.

  •  
    Image
    wrench icon
    Begin Registration: Fill out the required information accurately — this includes your location, phone number, email address, and more.
  •  
    Image
    wrench icon
    Profile VerificationComplete the account verification process by providing any necessary identification documents to comply with regulatory requirements, such as age and identity verification. Most Ontario sportsbooks require you to provide a piece of government ID.
  •  
    Image
    wrench icon
    Deposit and Begin Betting: After your account is verified, deposit funds using the payment method of your choice. Once the funds have hit your account, you can start exploring the sportsbook's offerings and place your first bets.

 

Canada Betting News

Whale Bettor Shifting US Presidential Election Markets
POLITICS
27 days
Jontay Porter was involved in an NBA Betting scandal
NBA
28 days
Alberta Online Betting May Come A Reality in 2025
SPORTS-BETTING
34 days
iGaming Ontario report
SPORTS-BETTING
117 days

All provinces 

Leave a Reply

Your email address will not be published. Required fields are marked *