Best Sports Betting Sites in Canada
Updated:
If you want to place a bet on sports in Canada, we’ve got awesome news for you! The popularity of online sports betting in this country keeps growing every single day. So, if you are in search of the best betting sites in Canada, we are delighted to show them to you in this article.
List of Canada betting sites
Found: 73 Bookmakers
Rank | Bookmaker | Bonus | Claim |
---|---|---|---|
1 |
|
100% bonus up to C$150 |
BET HERE Go to Rabona website |
2 |
|
100% Welcome bonus up to C$150 |
BET HERE Go to Dreambet website |
3 |
|
100% Welcome bonus up to C$150 |
BET HERE Go to Hot.bet website |
4 |
|
100% up to 150C$ |
BET HERE Go to Quickwin website |
5 |
|
100% welcome bonus up to C$200 |
BET HERE Go to QBet website |
6 |
|
Sports betting offer up to 150 CAD |
BET HERE Go to 20bet website |
7 |
|
100% welcome bonus up to C$150 |
BET HERE Go to Olympusbet website |
8 |
|
100% Welcome bonus up to €100 |
BET HERE Go to Betstro website |
9 |
|
100% first deposit bonus up to C$120 |
BET HERE Go to Sportuna website |
10 |
|
100% bonus up to C$100 |
BET HERE Go to Pribet website |
11 |
|
100% up to €150 |
BET HERE Go to Betibet website |
12 |
|
BET €/$ 20 GET €/$40 FREE BET |
BET HERE Go to The Online Casino website |
13 |
|
100% UP TO €100 WELCOME BONUS! |
BET HERE Go to Zodiacbet website |
14 |
|
100% bonus up to C$150 |
BET HERE Go to Sportaza website |
15 |
|
100% welcome bonus up to C$2000 + C$200 FREE BET |
BET HERE Go to Betplays website |
16 |
|
125% up to 1250$ |
BET HERE Go to Weltbet website |
17 |
|
BET £10 AND GET £30 FREE BET New Players Only. Min £10 qualifying bets stake not returned. Free bet - one-time stake of £30, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from issue. Withdrawal requests void all active/pending bonuses. Excluded Skrill and Neteller deposits. Full Terms apply. |
BET HERE Go to JeffBet website |
18 |
|
Make 3 bets get the fourth for FREE |
BET HERE Go to Velobet website |
19 |
|
100% bonus up to $300 |
BET HERE Go to Casinomega website |
20 |
|
500% bonus on your deposit up to 750$ |
BET HERE Go to 1win website |
21 |
|
1st deposit welcome bonus 200% up to C$1500 |
BET HERE Go to Snatchcasino website |
22 |
|
100% Bonus on First Deposit up to C$500 |
BET HERE Go to Powerplay website |
23 |
|
100% first deposit bonus up to €100 |
BET HERE Go to SG Casino website |
24 |
|
100% up to C$150 |
BET HERE Go to 1Bet website |
25 |
|
Sports welcome pack with C$240 Freebets |
BET HERE Go to Bluechip website |
26 |
|
Exclusive welcome package up to C$1000 |
BET HERE Go to Dachbet website |
27 |
|
100% welcome bonus up to C$150 |
BET HERE Go to Foggybet website |
28 |
|
100% welcome bonus up to C$135 |
BET HERE Go to Yugibet website |
29 |
|
150% first deposit sports bonus up to 1500$ |
BET HERE Go to Rolletto website |
30 |
|
$150 K in prizes & free bets |
BET HERE Go to Roobet website |
31 |
|
200% First Deposit Bonus up to 50CAD + 10CAD Freebet |
BET HERE Go to Conquestador website |
32 |
|
Sign up and get a bonus up to C$27,000 |
BET HERE Go to BC.GAME website |
33 |
|
Welcome package up to 2000€ |
BET HERE Go to N1bet website |
34 |
|
CA$7 NO DEPOSIT Bonus |
BET HERE Go to LVBET website |
35 |
|
100% Welcome bonus up to C$350 |
BET HERE Go to Oceanbet website |
36 |
|
Bet C$10 Get C$20 Surprise Bet |
BET HERE Go to Betkwiff website |
37 |
|
100% Bonus up to C$350 |
BET HERE Go to TonyBet website |
38 |
|
100% bonus up to 500€ |
BET HERE Go to GoldenBet website |
39 |
|
Welcome Bonus up to 5,000 USDT |
BET HERE Go to Coinplay website |
40 |
|
100% Deposit Bonus up to $150 |
BET HERE Go to Ivibet website |
41 |
|
First deposit bonus up to C$500 |
BET HERE Go to Parimatch website |
42 |
|
1st deposit bonus +130% up to C$260 with promo code PARI30 |
BET HERE Go to Megapari website |
43 |
|
Welcome package up to C$450 |
BET HERE Go to APX website |
44 |
|
$25 Risk Free Bet |
BET HERE Go to Winning.io website |
45 |
|
100% Deposit Bonus up to C$400 |
BET HERE Go to iBet website |
46 |
|
100% bonus up to $250 |
BET HERE Go to Sultanbet website |
47 |
|
100% bonus up to 500€ |
BET HERE Go to RokuBet website |
48 |
|
100% bonus up to $200 |
BET HERE Go to Global Odds website |
49 |
|
10% bonus up to 100€ |
BET HERE Go to Bambet website |
50 |
|
100% welcome bonus up to C$150 |
BET HERE Go to Betrophy website |
51 |
|
Trusted Bookmaker |
BET HERE Go to Pinnacle website |
52 |
|
100% up to C$500 |
BET HERE Go to Mystake website |
53 |
|
100% Deposit Bonus up to $200 |
BET HERE Go to Bwin website |
54 |
|
50% Free bet up to 140 CAD |
BET HERE Go to 13bet website |
55 |
|
Welcome bonus up to 300 CAD |
BET HERE Go to 22bet website |
56 |
|
Free bets up to $250 |
BET HERE Go to William Hill website |
57 |
|
100% up to C$150 |
BET HERE Go to FEZbet website |
58 |
|
100% up to C$ 150 for new players |
BET HERE Go to Excitewin website |
59 |
|
Welcome Bonus 100$ up to 500$ |
BET HERE Go to Freshbet website |
60 |
|
Freebet up to 50€ |
BET HERE Go to Yonibet website |
61 |
|
100% Deposit Bonus up to C$300 + C$30 FREE BET |
BET HERE Go to Ditobet website |
62 |
|
100% up to C$150 welcome bonus |
BET HERE Go to 18Bet website |
63 |
|
Welcome package up to €1000 |
BET HERE Go to EmirBet website |
64 |
|
€120 First Deposit Bonus |
BET HERE Go to LSBet website |
65 |
|
100% Deposit Bonus up to 500 CAD |
BET HERE Go to Casumo website |
66 |
|
Free Bet up to 200 CAD |
BET HERE Go to Leonbets website |
67 |
|
100% back up to 100 CAD |
BET HERE Go to Vbet website |
68 |
|
100% Welcome Bonus up to €500 |
BET HERE Go to Lilibet website |
69 |
|
100% bonus up to C$150 |
BET HERE Go to Powbet website |
70 |
|
Live Streaming |
BET HERE Go to Betsson website |
71 |
|
200% bonus up to C$100 |
BET HERE Go to GGBet website |
72 |
|
Live Streaming |
BET HERE Go to Betsafe website |
73 |
|
100% bonus up to C$500 |
BET HERE Go to Bettilt website |
Canada Online Sports Betting – The Ultimate Guide
Updated:
In this review, we cover online sports betting in Canada.
You’ll find all the information about Canadian betting and the most awesome bookmakers in this country on this page.
- History of sports betting in Canada
- Main gambling laws in Canada and all about them
- How to bet on sport in Canada online?
- Top-10 betting sites in Canada
- How we test & review Canada betting sites
- Mobile betting in Canada and its popularity among punters
- Live betting in Canada
- 3 new Canada bookmakers
- Popular sports types for online betting in Canada
- Full explanation of Sports betting odds: know the differences
- The main betting types and markets
- Useful sports betting tips
- How to sign up, verify & place your first bet with a Canada bookmaker
- Bonuses and Promotions for Online Betting in Canada
- Popular payment methods in Canada
- FAQ
This ultimate guide that we prepared will tell you everything a punter may possibly need to know about online sports betting in Canada, including gambling history, Canadian gambling laws, the top bookmakers – including both betting sites and mobile apps – popular sports, available payment methods, leagues you can bet on, types of bets, and promo offers Canadian players can claim. We’ll also tell you how we review and pick out the coolest Canadian bookmakers as well as show you how to register on their websites and verify your personal account.
History of sports betting in Canada
If you’re wondering if it is legal to run a sports betting activity in Canada or perform as a punter here, our answer is yes! If we dive into the history of gambling in Canada, we must say that there was an official ban on single-event betting but it was officially canceled when the Bill C-218 law was introduced in August 2021.
The current Canadian gambling legislation laws allow punters – both locals and tourists that stay in Canada – to engage in online sports betting, whether we’re talking about local bookmaker companies or foreign betting websites. Although you have to keep in mind that you have to check the laws of a specific province because, for example, in Yukon, Northwest Territories, and Nunavut, only retail forms of sports betting are legalised.
But if we’re talking about areas such as Ontario, Quebec, British Columbia, Nova Scotia, Alberta, Manitoba, or Newfoundland, then we must mention that both retail and online forms of sports betting are legally allowed to be pursued.
Interesting facts:
- Canadian punters have to be at least 18 to enter an online sports betting site.
- So far, ten regions in Canada have online sports betting officially legalised.
- Ontario is considered the largest sports betting market in Canada.
- The Bill C-218 allows each region in Canada to regulate sports wagering activities individually.
Even though sports betting itself is a profitable entity, a completely new level of profit was reached after the full legalisation of sports betting with online sportsbook operators. Sports betting in Canada is, therefore, considered to be at one of the highest levels of competitiveness when compared to the betting markets of other countries.
🌍 Country | Canada |
👌 Language | English, French |
💲 Currency | Canadian dollar (CAD) |
⚽ Popular sports | Hockey, football/soccer, basketball, UFC, horse racing |
⚖️ Is betting legal | Yes |
🏢 Regulator | The Atlantic Lottery Corporation The Ontario Lottery and Gaming Corporation |
🧾 Gambling taxes | No specific gambling tax |
💳 Most popular payment methods | Skrill, PaysafeCard, Neteller, Interac |
Main gambling laws in Canada and key details about them
Bill C290
The most recent addition to the Canadian Criminal Code, permitting single sport game bets, was Bill C290. Also, local and foreign bookmaker operators offer parlay bets on sporting events to Canadian gamblers. A minimum of three events must be eligible under current Canadian rules for a parlay wager. Soon after it was introduced, however, the House of Commons rejected the bill.
Bill C-218
On August 27, 2021, the most recent changes to the Criminal Code were published and, on June 29, 2021, they obtained royal assent. Sports betting on a single event is legal in all Canadian provinces and territories, according to Bill C-218. As a result, all citizens are now able to make secure bets on all sports categories, with the exception of horse racing, which is still subject to federal regulation at brick-and-mortar and online bookmaker companies. This legislation allows the revenues from both local gaming and betting operations – including those from national lotteries – to be directed for the funding of healthcare, education, and other initiatives.
Criminal Code 201
All Canadian sports betting businesses, casinos, and players that participate in unlawful gambling operations and activities within illegal facilities will face penalties under this Act. According to Canadian law, the penalty for such behaviour includes a fine and a criminal prosecution with a potential jail sentence of up to two years.
Criminal Code 202
Under this law, domestic bookmakers and anyone who bets unlawfully faces prosecution and a sentence of up to 2 years in prison.
Criminal Code 206
This statute spells out the penalties for several types of fraud in Canada’s domestic lottery system. In the code, it is specified which lottery methods are punishable.
Criminal Code 209
For those who cheat in any type of gambling activity, including casinos, lotteries, poker, sports betting, and horse racing, Criminal Code 209 in Canada imposes penalties.
Top-10 betting sites in Canada
With the constantly increasing popularity of online sports betting among punters in Canada, we can’t help but review and recommend some of the best online bookmaker websites available for Canadian bettors. The list comes with 10 different options that guarantee high-quality performance and that you can personally trust.
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Website #1 in Canada – Sportaza
Sportaza is a bookmaker that first saw the world in 2020 when it received a Curacao license. Canadian players can enjoy an overall payout of 96% on major leagues and bet on over 35 different sports on the website. Plus, there is a wide library of available payment methods, including simple Visa and MasterCard, e-wallets, and cryptocurrencies.
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Website #2 in Canada – DreamBet
DreamBet was launched in 2022 and, since then, has been operating under a famous Curacao license. There are over 25,000 events of more than 25 sports that Canadian punters can place their wagers on each month. The bookmaker also has competitive odds on offer, especially when it comes to basketball and such services as Cash Out, Reverse Bet, and Bet Builder.
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Website #3 in Canada – Hot.bet
Hot.bet is a bookmaker that was established in 2022 and was issued a Curacao Gaming license. Besides the fact that it offers a large library of esports, pre-match, and live events, it also has a wide range of payment systems. Moreover, Hot.bet is a crypto-friendly sportsbook, so if you’re looking for a bookmaker that accepts cryptocurrencies, you just found one.
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Website #4 in Canada – Apxbet
The Apxbet platform was launched in 2022; a top-notch bookmaker website that operates under the Curacao Gaming license. This is another crypto-friendly sportsbook you may consider when choosing a suitable betting site. Plus, there are many other awesome features, such as an attractive welcome bonus, 24/7 customer support, and a separate casino section.
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Website #5 in Canada – Mystake
Mystake was founded in 2020 and got the Curacao license. With this sportsbook, there are so many betting options you can go with, considering that you bet on over 1,000 pre-match events daily – which makes it 30,000+ events monthly. A live streaming tool is also included, so you can bet on your favourite events when they’re still happening too.
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Website #6 in Canada – 22Bet
22Bet is an online betting website established in 2017 under the Curacao license. The bookmaker offers betting on over 50,000 games of 50 different sports each month. It also comes with high winning limits, competitive odds on top leagues, over 500 football markets, and an overall payout for sports of over 95%.
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Website #7 in Canada – Megapari
Megapari is another reputable sportsbook we want to mention today. This bookie was established in 2019 under the Curacao license. It offers Canadian punters a place to make wagers on more than 60,000 pre-match games each month, which is a number that rises when we add the live events there. The overall payout for sports is 95+ here but can go higher up to 97+ if you bet on major leagues.
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Website #8 in Canada – 20Bet
Established in 2020 under the Curacao license, the 20Bet online bookmaker managed to become one of the most commonly chosen betting sites among Canadian punters. With 20Bet, you will get opportunities to place wagers on over 30 different types of sports. More interestingly, the overall payout for all these sports is 94+ so high enough.
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Website #9 in Canada – IviBet
IVIBet is a new sports betting website launched in 2022 under the Curacao license. You will definitely enjoy a large list of available payment systems, a huge library of betting markets, easy and fast navigation, and many events to place wagers on, including live games, pre-match options, and esports.
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Website #10 in Canada – TonyBet
TonyBet was founded in 2011 and received both UK and Estonian gaming licenses. When you sign up on this sportsbook’s website, you will get access to a variety of betting markets, a huge library of both pre-match and live events, competitive odds, and attractive bonus offers, including special VIP promotions for both sports & casino sections.
How we test & review Canada betting sites
When testing and reviewing Canadian bookmaker websites, we focus on their main features. With our reviews, therefore, we’re going to show you the criteria we pay attention to the most when checking sportsbooks.
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Odds
Odds are an implied probability given by sportsbooks and we always focus on this feature since we want you to gamble with the most competitive odds. Truth be told, it is definitely a good signal if a bookie offers customers the chance to play with beneficial odds.
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Mobile compatibility
Modern Canadian punters are always on the move, so it makes sense why mobile optimisation has become so important and popular. This is exactly why we do a little research and check if bookmakers offer mobile apps or at least mobile versions of their betting sites. Who can say no to a little mobile-friendly test?
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Available payment options
Another thing we can’t help but pay attention to is the variety of payment options available on sportsbook platforms. We check the range itself as well as every payment system’s main features, such as licensing, payout time, fees, and more.
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Bonuses and promotions
The next step we always come to is checking the top bonuses & promotions section. We focus on how beneficial welcome offers are, whether there are any daily/weekly/monthly promotions, how VIP programs work, or what tournaments are available for Canadian punters.
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Bet types
A range of bet types is also very important when it comes to selecting decent bookmaker platforms. The most popular types of bets among Canadian bettors are straight bets, systems bets, parlay bets, and in-play bets. Indeed, one of our main approaches is to come up with bookies that feature a wide library of bet types.
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Support work quality
It is obvious that no gambling experience is perfect because no one is immune to struggling for answers to bothering questions. This is why every decent sportsbook comes with a high-quality support service formed by a group of gambling experts that can help you in times of need.
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Trustworthiness
Overall trustworthiness is always a must-check thing when it comes to reviewing Canadian bookmaker websites and mobile apps. We focus on licenses, regulations, gambling law adherence, and the security measures taken to protect Canadian punters and prevent their personal data from getting into the wrong hands.
Mobile betting in Canada and its popularity among punters
Mobile betting continues to gather popularity all across the world, and Canada is no exception. There are a couple of reasons for this and they may seem a little obvious but it’s still worth looking at why.
When you gamble, it may take some time to place a bet, especially if you go for live betting when you necessarily have to watch the event because your total bet depends on the current on-field situation. So, if you use mobile bookmakers you are not tied to any place, including your home since you can place your bets anywhere and anytime by using a small device that can be kept in your little pocket.
Some people simply don’t own a lot of devices and only use smartphones, so this may also become a reason for players to go with mobile sports betting instead of computer gambling. Also, some bookmakers have special bonuses for mobile betting particularly. So, the question is, why not go with mobile sports betting since it has so many advantages?
5 best betting apps in Canada
We’ve gathered the coolest apps in Canada suitable for online sports betting. We think that once you get acquainted with our list of the best mobile applications for your mobile devices, you’ll definitely find at least one option that comes to your taste and matches your preferences. So, if people search for decent bookies, they can make use of our checklist!
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#1 Canada betting app – 22Bet
Introduced in 2017, 22Bet quickly became a big deal in the gambling world, and for a good reason. Not only can you bet on over 50,000 events monthly using your computer but you can also do the same thing with your phone. There are three 22Bet applications for Windows, iOS, and Android mobile devices. Plus, you’ll get to enjoy awesome sports promotions, welcome bonuses, and a large variety of payment methods.
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#2 Canada betting app – 20Bet
20Bet was established in 2020 and now we can enjoy both computer and mobile versions of this sportsbook. As for mobile betting, you can download applications for your iOS and Android gadgets too. Concerning Windows phones, you can also gamble with your mobile device but there’s no app, only the mobile version of the 20Bet site. Over 30 different sports are at your disposal with this world-known bookie platform.
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#3 Canada betting app – Megapari
Megapari is an online sports betting platform founded in 2019 under the Curacao license. Canadian players can download mobile applications for their Android smartphones, iPhones, and iPads. There are around 60,000 events to bet on monthly, near-instant withdrawals, and attractive bonus offers for both newbies and loyal customers.
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#4 Canada betting app – TonyBet
TonyBet was established in 2011 under the UK and Estonian gambling licenses. Once you register at this sportsbook, you’ll get access to all betting markets, a large library of live and pre-match events, and a safe environment. There are both TonyBet Android and iOS apps you can download from your phone store – just make sure you have enough storage on your device.
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#5 Canada betting app – IVIBet
IVIBet is a new sports betting platform established in 2022 and now it is well-known for a great variety of available payment systems, a large library of betting markets accessible to Canadian visitors, and easy navigation. You can download the IVIBET Android apps, separately for a casino and a sports betting section. Although if you own devices based on other operating systems, you can just go with the IVIBet mobile version of the site.
Live betting in Canada
Undoubtedly, live betting is currently one of the most well-liked forms of gambling in the entire world, and Canada is no exception. Live streaming is one of the many helpful services and tools that the majority of trustworthy online bookmakers in Canada provide. We’ll list at least three reasons for live betting’s popularity if you’re asking why it’s so common.
First of all, compared to pre-match events, live events frequently provide better prizes. Second of all, the atmosphere is incredible; you genuinely feel like you’re a significant and integral part of the entire process because you have to watch the game in real-time in order to place a bet.
Finally, you improve your analytical skills since you must assess the current circumstances and make decisions while the entire game is taking place in front of your eyes. Also, we can’t help but point out that Canadian gamblers prefer some sports more compared to others when using Canadian betting sites. So, if your plans are to pick out a suitable sport, you can choose one of these:
3 new Canada bookmakers
Check out these three new Canadian bookmakers we have prepared for you. They are 100% trustworthy and offer their customers the chance to experience the best betting journey possible. Of course, you can select anything you like from what you managed to google but you can also give these platforms a shot.
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#1 New Canada betting site – SnatchCasino
Snatch Casino is owned by Altacore N.V., which is a Curacao-licensed company – this bookmaker has been available on the market since 2021. You can enjoy a large library of events, from football, basketball, and tennis to golf, horse racing, and baseball.
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#2 New Canada betting site – DitoBet
DitoBet is a bookmaker company owned by Dito Capital N.V. This sportsbook was established in 2021 under the Curacao license, which may not be the best available but is still pretty reputable. The most obvious benefits of DitoBet are cryptocurrency acceptance, a big event library, and a nice welcome bonus.
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#3 New Canada betting site – Parimatch
Parimatch is a bookmaker that was established in 1996 and went online in 2020 – the site runs its legal activity under the UKGC and Curacao licenses. There are over 30,000 pre-match events each month and you can enjoy betting on over 25 different sports every day.
Popular sports types for online betting in Canada
This review can’t avoid mentioning the most popular sports types for online betting in Canada. Check out the following most popular events among Canadian punters. Maybe you’ll find a game that matches your preferences perfectly.
NHL Hockey Betting
Ice hockey is another incredibly popular sport in Canada and betting on the National Hockey League has a lot to offer. This league is the top ice hockey level in the whole world, so it should come as no surprise that people love watching it so much that they are ready to place their bets on it too.
NFL Football Betting
Lots of Canadian punters enjoy NFL football betting, which is obvious considering how popular this sports type is around the world, including Canada itself. Plus, you can expect many football predictions coming from tipsters and experts in the field, which may help you to bet successfully.
NBA Basketball Betting
Basketball is the final sport we’ll cover in this overview of online sportsbooks in Canada. We have some explanations if you’re wondering why basketball is so popular. On the one hand, this is a respectable form of entertainment. On the other hand, because the NBA games are played frequently, there are more betting options available. The odds are usually good for NBA games too.
UFC Betting
We have to mention UFC, which is another popular sport for Canadian bettors to wager on. Fundamentally, it could be simpler to predict the result of the match if a bettor has enough background information and knows who normally takes the lead and performs better than the rest.
CFL Football Betting
We already mentioned that football is extremely popular among Canadian punters but, at this point, we specifically want to point out the local Canadian Football League. The only significant professional football league in Canada and the most well-known is the CFL. So, no wonder it is so popular in Canadian provinces.
Soccer Betting
Soccer, also commonly known as American football, is equally as well-liked as traditional football. High odds, a large number of betting markets, and a variety of football events to choose from and wager on continue to be the key drivers of its popularity among Canadian punters.
College Football Betting
Pure entertainment is the major factor behind North American college football popularity. America’s passion for college sports is fueled by its history, rivalries, competitions, over-times, and overall thrill of the sport. These are also the reasons that have led to its draw in terms of sports betting.
Horse Racing Betting
Horse racing is another popular activity for bettors in Canada and the last sport we are going to mention in this section today. If a bettor has much knowledge and knows how a specific horse tends to perform, this may greatly help when predicting the competition’s results.
Full explanation of Sports betting odds: know the differences
British fractional odds, European decimal odds, and American money-line odds are the three primary categories of betting odds. These different approaches of presenting the same odds result in identical payouts. This implies that any of the odds described can be used to convert and present the chances (or percentage probability) of an event occurring. In this section, we’re going to explain all of these odds types and make it easier for you to understand them.
What are decimal odds?
For Canadian sports gamblers, there are many alternative formats that are common in both American and European markets. In the majority of Europe and other nations across the world, decimal odds like 2.5 and 1.5 are the default choice. But you can also experience them if you’re a Canadian punter. We’ll go through how to understand them and the specifics of placing bets using decimal odds in this short article. Positive integers with either one or two decimal places are meant to represent decimal chances. The smaller number in decimal odds shows a team’s advantage, whereas the greater number indicates the underdog.
What are fractional odds?
The ‘traditional’ odds, often known as fractional odds or ‘British odds’, are favoured by Irish and British bookmakers but are also available for Canadian gamblers. Typically, they are written using a slash (/) or hyphen (-).
If the odds were listed as 6/1 (six-to-one), that would suggest that for every C$1 you bet, you would win $6 and get your dollar back (i.e. the amount you wagered). Consequently, as a Canadian punter, you will receive your wager (C$1) in addition to the profit (C$6), for a total payout of C$7. In other words, this is the ratio of the money (profit) gained to the initial bet. As a result, if you wager $10 at 6/1 and get success, you will be paid out a total of C$70 (C$60 profit + C$10 wager).
What are money-line odds?
Money-line odds, also known as ‘American’ odds or ‘U.S. odds’, are pretty popular in the US as well as among Canadian bettors across the whole country. The odds for favourites are marked with a negative (-) sign and show the wager required to win $100. The odds for the underdogs, on the other hand, are marked with a positive (+) symbol and show the amount earned for every $100 bet.
Winners in both given situations are going to receive their initial wager refunded in addition to the prize money awarded. When the probability of the favourite player winning rises, the spread between the odds for the favourite and the underdog gets wider.
The main betting types and markets
In this section, as a team of MightyTips experts, we’re going to show you the main betting types and markets available for online sports betting in Canada. Consider this as simple guidelines that can help you get acquainted with the main features of sports betting in this country and go straight to your own action.
Betting types
Let’s dive into the world of betting types first. Get yourself acquainted with the following types of bets right away.
Straight Bet
An individual wager on a game or event that is determined by a spread, total, or money-line is known as a straight bet. The point spread indicates the number of points that the team with the advantage must win by.
System bet
A system bet is a pre-designed wager with 3 to 8 selections. This serves as a strategy to raise your chances of winning more money. As we said, a system wager can have from 3 to 8 choices, and your wager is multiplied by the system bet’s total number of wagers.
Parlay
When a Canadian bettor places multiple bets (at least two wagers) on different sporting events and then combines them into just one wager, the bet is known as a parlay in the betting world. The entire parlay loses if even one of the bets is unsuccessful. Yet, the bettor gets a chance to earn a larger reward if every wager turns out to be winning.
In-play betting
Making a wager while an event is taking place is known as in-play betting – sometimes referred to as ‘live betting’ or ‘run betting’. For instance, this might occur during a football game, horse race, golf tournament, or any other event carrying a betting market.
Markets
Now, we’re going to discuss markets and mention those most commonly chosen by Canadian bettors.
Money-line
This is largely considered the simplest and most popular betting market. You’ll need to place a bet on the winning team or player in order to succeed and benefit from your wager. There are three possible outcomes for punters in Canada: Win, Loss, and Draw.
Point Spread
A point spread bet is a wager that you place on which team or player comes out as a winner according to something called a point spread. Essentially, this is a certain number created by odds-makers in order to determine the gap between the potentially stronger and weaker competitors.
Totals
Totals are also known as over/under bets – odds-makers post a total number which supposes the total result of the game. Your aim is to bet on whether the game’s total points scored by both teams will go lower or higher than the presented scoring perspective.
Useful sports betting tips
If you’re looking for useful tips and tricks that may help you build well-working strategies and get the best sports betting experience, we’re going to give you a couple of pieces of advice here.
Good bonuses and promotions
When you claim bonuses or any promo offers, pay attention to the terms. Sometimes, bonuses apply to the events you personally want to place wagers on and, in this case, you can just use that present as an advantage to get a better prize.
Bankroll management
Another useful tip is to manage your bankroll – don’t spend all your money on just one selection without thinking through everything thoroughly. Approach spending your funds with a clear mind and act responsibly.
Shop around
Shopping around for items is never a bad idea. Go through the event library on the selected bookmaker platform and look for the most suitable games and most competitive odds. Take your time and select your ideal option.
Strike early
Another tip we give you can be defined as ‘strike early’. This may seem a little obvious to you but it can definitely help you benefit from your online sports wagers.
Use sport predictions
There are people commonly known as tipsters who can sell their predictions on particular events for a specific cost. If you happen to like the idea of purchasing, make sure you buy from a trusted tipster.

Apart from ice hockey (in its NHL form), Canadian sportsbooks offer a wide array of betting markets in golf, curling, basketball and other locally favoured sports including the likes of lacrosse.
How to sign up, verify & place your first bet with a Canada bookmaker
Here is what you need to do in order to sign up, verify, and start placing bets with Canadian sportsbook platforms – the algorithm is simple.
- Go through our rankings of website recommendations and see if any of the presented bookmaker platforms appeal to you.
- Once you decide which betting site or mobile app you seem to enjoy the most, you have to create a personal account there.
- Find the registration button on the homepage in order to open the signing-up pages – then, you’ll have to fill in the required field with the relevant personal information about you, such as your full name, phone number, address, and more.
- Don’t forget to come up with a login and password since any customer needs this to enter the site as a full-fledged user.
- Then, you’ll need to verify your account. To be honest, the procedure may be different depending on the selected platform. Usually, you may be required to verify your profile by email, phone number, or scans / images / files of your ID documents.
- When you get approval from the bookmaker, you can go straight to the event library and select the match you want to place a wager on. Voila! Just a few clicks and you’re done!
Bonuses and Promotions for Online Betting in Canada
Canadian punters can enjoy a large range of bonuses and promotions given by bookmakers. Let’s review the most popular types of presents that you can claim on betting websites in Canada.
Deposit bonuses
You can receive deposit bonuses if you make a deposit, which is quite obvious if we take a look at the bonus name itself. Usually, they are offered in the form of free bets, cashbacks, and even cash presents. Sure, this is just one big marketing strategy but if you can benefit from this business too, why not?
Welcome offers
Someone who has just entered the gambling world can enjoy welcome bonuses from betting websites in Canada, which are offered to encourage clients to stay on the selected platform and get the best first impression from the bookmaker. Besides, you won’t miss welcome bonuses since there’s always an advertising banner on the home page of every betting brand website.
Free bets
Also, Canadian punters can expect to receive free bets – these are bets for which the sportsbook has covered the price. The value of such free wagers may vary depending on the selected bookmaker and current promo offers but, in general, giving free bets is probably one of the most common and best practices in the online sports betting world.
Cashback
If you google popular types of bonuses on Canadian betting platforms, you’ll definitely receive search results that include cashback. A lot of Canadian bookmakers have cashbacks on offer, which means you can get some of your money spent on wagers back, whether it’s the whole value or a certain part.
VIP offers
Canadian bettors often get a chance to become VIP members, either by choice or automatically. Being a VIP program participant, Canadians can receive better promo offers, larger bonuses, and even personal assistants who will become one of the main characters in their gambling journey. So, when going through sitemaps, make sure you get as much info about VIP offers as possible.
Special promotions
In this topic, we should mention that you can also engage in other special promotions, such as participating in tournaments or taking daily, weekly, and monthly bonuses, which can also result in getting cashbacks, cash prizes, free bets, and other attractive additions a punter might dream of.
Bookmaker | Bonus offer | Advantages | Find out more |
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100% bonus up to C$150 |
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Get Bonus | |
100% up to C$150 |
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Get Bonus | |
Sports betting offer up to C$150 |
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Get Bonus | |
Bonus up to C$300 |
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Get Bonus | |
First deposit bonus up to C$500 |
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Get Bonus |
Popular payment methods in Canada
Let us show you the most popular payment methods that are actively used for deposits and withdrawals among Canadian punters who decide to bet and want to get the best user experience. Something tells us this is exactly what punters are always interested in.
- Interac: In our list, Interac ranks among the most popular payout options among Canadian gamblers. The reason why we decided to include it in our ranking is that it offers secure transactions, quick transfers, and no additional costs are charged.
- Instadebit: Consumers in Canada can use the safe and convenient bank-based payment option called Instadebit. You can deposit money into your betting account straight from your bank account using the secure service Instadebit. It is quick and simple to use – exactly why it became so popular among Canadian bettors.
- Bitcoin: Cryptocurrencies are now widely popular throughout the world and the sports betting industry in Canada is no exception. Numerous Canadian bookmaker platforms allow users to pay with cryptocurrencies, and many bettors go with Bitcoin.
- iDebit: You can deposit money into a sports betting account using iDebit straight from your internet banking account. For Canadians, this is one of the quickest and least expensive ways to deposit money. Using iDebit to send money from your online bank account costs less than C$2, and sending money from your iDebit balance is free. The withdrawal is likewise free.
- MuchBetter: The app-based e-wallet MuchBetter has become very popular among gamers in Canada. You may use the app to conveniently deposit and withdraw money when betting on sports. This digital wallet provides transactions of high speed, great security, and affordable fees. MuchBetter stands out from other payment options because it was designed specifically for use at online casinos and bookmakers.
- Neteller: Players can effortlessly transfer their money using Neteller as their chosen payment option, whether they wish to fund their accounts or receive a payout. Fortunately, the entire procedure doesn't take long, so using this payment option will save you plenty of time. However, if the exchange rate costs are significant to you, you should be aware that they can be a bit high.