Frankie Monkhouse is a former professional boxer turned sports betting content writer.
What are CAD bookmakers and how can you ensure you are getting the best service? Many sportsbooks allow customers to deposit funds and withdraw winnings using Canadian Dollars. Our team of sports betting experts have researched the leading betting apps and websites and return with our findings.
The aim of this article is to give our readers a strong understanding of how they can use CAD for betting and get the most out of their online gambling experience. We cover all important features, including the most generous sportsbooks and the most modern apps.
Read our article on CAD for sports betting currency and click any link on this page to create an account and start betting.
List of betting sites that accept Canadian Dollar (CAD)
Get details on the best CAD bookmakers with the most generous odds and standout welcome bonuses for new customers. You’ll find all the information you need on this page.
If you are hunting for the best CAD bookmaker you have come to the right place. Our team of sports betting experts boast many years of experience reviewing and scoring the leading betting apps. In our time we have learned everything worth knowing about the sports gambling industry and are fully up to speed on the latest developments.
We call on that experience to help our readers benefit. The aim of this article is to ensure you have all the details you need to start placing bets on the Canadian Dollar. By the end of this article, you will know the leading sportsbooks that allow you to deposit funds, place bets and withdraw winners using CAD. We’ll also give you links to the welcome bonus free bets that are ready today.
Read on for more advice concerning betting on the Canadian dollar.
What you need to know about betting in Canadian dollar
Sports betting in Canada is legal as long as you place your wagers through a site that is licensed to trade in your region. It’s crucial that you take the time to research the bookmakers you intend to use before creating an account and gambling. Doing so will help keep you on the right side of the law and protected against scam sites. The quickest way to do this is to stick to the bookmakers covered on this page.
Online sports betting is legal in Canada
Most bets are placed using smartphone apps
Horse racing, NHL and NFL are amongst the most popular sports
The leading e-wallets are used to deposit funds and withdraw winnings
Canadians bet on a wide range of sports, including domestic teams and competitions and overseas fixtures. These include Premier League football, the NHL, NFL and horse racing. The majority of sports bets are placed using mobile apps downloaded to smartphones. Bettors love to gamble on the go, and with the best apps, they always have a sports gamble at the touch of a screen.
👉 International Code
Canada, Saint Pierre and Miquelon
🏦 Governing Organisation
Bank of Canada
5, 10, 20, 50, 100 ($)
Bets are paid for and winnings collected through debit accounts and e-wallet cards, such as PayPal and VISA. Very few online sportsbooks deal in cash, but they offer a range of options for transfers, with each protected by the latest online security measures.
Who can use Canadian dollars when making sports bets
Not only bettors based in Canada but sports gamblers across the world can deposit funds, withdraw winnings and make bets using Canadian dollars. That’s because the leading online sports betting sites cover all major international currencies and don’t tie their members to one.
You will be asked to decide on your chosen currency when creating an account and making your first bet. This is often the Canadian dollar for those opening an account when based in Canada, but there is nothing in the rules to say you must stick with your first currency. Change the currency you deal in to suit your needs.
The sportsbook company does all necessary exchange rates when it comes to your deposits, withdrawing winnings or cashing out your bets. This helps keep things simple for gamblers who can concentrate on sports betting, knowing their cash is handled securely and properly.
You can also use CAD when opening an online betting account to secure a welcome bonus free bet. All you must do is create your account then make your first deposit of cash in CAD before placing a bet. Most sites will then give you a welcome bonus free bet that is equal to your first deposit. For example, if you register and bet $50 on hockey, you’ll get a $50 free bet on your favourite sports.
For many of our readers, this is the most important section of our review - the bookies with the best bonuses. In most cases, the best bonuses are reserved for new customers, and we focus on those in this article, but the leading sportsbooks also look after their existing customers.
They do so by offering a list of recurring promos and specials that are available to both new and existing players. Rewards for those who have already proven themselves loyal to the brand. These types of deals include free bets, cashback, enhanced odds and profit boosts for winners.
See our five best below, then click your favourite to get a share:
the world’s favourite online sports betting company
Bet365 are giving new players bet credits when they create an account and make their first deposit. Add between 10 and 200 CAD, then gamble that amount on the sportsbook market of your choice. When your first bet has been placed, the bookie will add a free bet to your account that will be to the value of your gamble.
Open an account with bet365 today and bet on a huge range of markets with the world’s favourite online sports betting company.
Best sportsbooks accepting CAD
Now it’s time to unveil our list of the best sportsbooks that accept Canadian dollars. Creating this list was no mean feat, with so many bookies vying for a place in the top five, but we spent many hours researching before coming to the below conclusion. The five listed were head and shoulders above the chasing pack and fully deserve your attention.
We are confident you will be a fan of any of the sportsbooks listed below, and if you click the link to your favourite, you can open an account quickly. Each site will also give new players a free bet welcome bonus that can be used to gamble on any sports fixture covered by the traders.
William Hill - bet with an online gambling champion
Bet365 - competitive odds on the biggest sports fixtures
22Bet - a user-friendly website and mobile site available to all members
888Sport - a multinational online sportsbook with great odds on football
LVBet - bet on your favourite sports with the click of a button
biggest names in the sports betting industry
William Hill is one of the biggest names in the sports betting industry with a global following. They offer customers a wide range of sports betting markets, and the odds offered are better than you’ll find at the competition. Click any link to the site for a free bet.
New customers using Promo Code P30 only, min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15 (30 days expiry),
Recommended payment methods
You’ll have options on how you deposit funds and withdraw winnings. Still, it’s worth checking the terms and conditions attached to each debit account or e-wallet to gain a sound understanding of the minimum and maximum amounts as well as transfer times. See more below.
the most popular payment method with online bettors because it’s fast, secure and reliable for all.