Best Sports Betting Sites Canada 2024 : Top Online Sportsbooks in Canada

Canada has a diverse betting market that varies substantially from one province to another. Players can choose from various sporting events to wager on, including football, basketball, esports, virtual sports, and racing. To enjoy betting on sports in Canada, we have curated a list of top sports betting sites in Canada that includes the best of the best. All our recommended sportsbooks have their unique strengths and weaknesses. Hence, it is important to browse this research article closely to find the best sportsbooks that suit your betting style.

Top 10 Sports Betting Sites in Canada Compared

Best Sports Betting Sites in Canada Listed 

We have compiled a list of the top betting websites in Canada with trustworthy and actionable information that can help our readers make an informed decision by themselves. Our honest reviews on the best Canadian platforms are backed by extensive research aimed at helping bettors make smart betting decisions. Let’s take a look at our top selections in Canada:

1. Vave – Best Sports Betting Site to Play
2. 1xBit – Legit Canadian Sports Betting Site
3. FairSpin – Safe Online Sports Betting Site
4. BetOnline – Offer Great Bonus Deals
5. Stake – Leading Sports Betting Platform
6. SportsBetting.ag – Top Rated Canadian Sportsbook
7. Duelbits – Safe Sportsbook for Crypto Players
8. 1xBet – Licensed Sports Betting Site in Canada
9. 10bet – Sports Betting Site with Best Odds
10. Sports Interaction – Offer Various Sports Betting Options

Tips for Choosing the Top Canadian Sportsbooks

There are numerous criteria that players should look at while deciding which Canadian sportsbooks to wager with:

Competitive Odds 

Players must consider sportsbooks that offer competitive odds, resulting in more winning potential in exchange for lower wagers. 

Financial Security 

Before registering on any online sportsbook, verify the security and encryption methods employed. 

Customer Support 

Players must consider the reputation of customer support of a chosen sportsbook to ensure that they get assistance via multiple channels, including live chat, phone, email, and social media platforms.

Betting Markets 

More established and larger sportsbooks offer a massive selection of bets to cater to a broad section of the betting community.

Major Types of Sports Bets Offered on Best Canadian Sports Betting Sites 

Sports betting has a lot of depth that stems from the fact that players can choose from a range of bet types. Regardless of what type of player you are, having a firm grasp of the bet types can help you in the long run. The following are the major types of sports bets offered by the best Canadian sports betting sites –

Moneyline

Moneyline is the most common and simplest bet type, where players bet on the team they think will win the game. 

Parlays

Parlay bets are wagers on multiple bets that are winning. Parlay bets are quite attractive for bettors as they involve a low dollar bet amount for a large winning amount, as the profits get multiplied after every win.

Point Spread

Point spreads involve betting on the victory margin of a team instead of the final result. 

Prop bets

A proposition or prop bet is not tied to the final result of the score but to the player’s performance and the game. The most common prop bet types are game props and player props. Player props are placed on the player’s performance, while a game prop bet is placed on something that may happen during a game. 

Over/Under (totals)

When you wager on totals (over/under), you are essentially wagering on the total combined score of the two teams and predicting whether it will be over or under the given threshold set by the bookie. 

Futures

As the name suggests, future bets are bets placed on something that will happen in the future. The betting odds for futures may change frequently as the game progresses during a season, so it only makes sense that future bets are placed early to lock in the most advantageous position.

How Do We Review the Online Sportsbooks in Canada?

Canadian betting platforms offer many attractive features to keep players engaged and motivated while betting on sports. We have considered some of the top features while reviewing the online sportsbooks:

Bonuses & Promotions

While reviewing sportsbooks in Canada, we examine the availability and accessibility of bonuses and promotions to ensure they benefit both new and registered punters. Bonuses should ideally be fair and transparent with reasonable terms and conditions, including wagering requirements. Most commonly, bonuses on online sports in Canada range from deposit bonuses and risk-free bets to free bets and weekly cashback and reload offers. 

Banking and Payout Speed

We factor in the banking and payout speed of each Canadian online sportsbook to ensure that players can deposit and withdraw their funds as quickly as possible. 

Licensing and Security

While assessing online sportsbooks, we pay close attention to their existing licenses and security measures to safeguard transactions and information.

User Experience

User experience on the best Canadian sports betting sites is an important factor to consider. We review every website’s navigation, layout, and design and ensure that our selected top sports betting sites in Canada have an intuitive mobile app so that players can enjoy efficient betting on the go.

Key Features

We evaluate the key features Canadian sports betting sites offer, such as cash out options, an intuitive user interface, early payouts, and live betting. We also consider whether the bookmaker offers a mobile-optimized website or mobile app for easy access to online betting on the go. 

Other Factors We Consider

While the factors above are the main fundamentals on which we have prepared this review guide, we also consider other possible criteria, such as the availability of VIP or loyalty programs, registration and verification procedures, and limits on deposits and withdrawals.

Sports Betting Regulations in Canada 

Sports betting sites in Canada are entirely legal as Canadian lawmakers amended the criminal code with the C-218 bill to allow single-game betting in 2021. Moreover, sports betting has been legal in Canada since 1985, where parlay bets and pari-mutuel gambling have been the only types of sports betting allowed in the nation. Additionally, these bets were only available through provincial lottery systems. However, as more Canadians sought favorable online betting options, it led to a rise in the revenue to about $14 billion annually in offshore sports betting websites, regulated under Canada sports betting laws.

Top Sports to Bet on Best Canadian Sportsbooks

Canada is a nation with a vibrant sports culture, with many sports that capture the attention of its residents. Let’s take a look at the top sports to bet on online in Canada:

Hockey

Hockey is one of the most popular sports for betting on the best Canadian sportsbooks. The National Hockey League (NHL), with its passionate fan base and intense matchups, provides a fun and exciting landscape for online hockey betting sites. Bettors can analyze player performance, historical records, and team statistics to make informed wagers.

Baseball

Baseball takes the central stage at the best sportsbooks in Canada, and MLB’s lengthy season offers numerous betting opportunities. 

Basketball

Basketball has also seen a tremendous rise in popularity, especially with the success of the Toronto Raptors. With its high-scoring games and fast-paced nature, betting on basketball is particularly appealing, with various options ranging from player performance bets and point spreads. 

Football

The mix of the Canadian Football League (CFL) and National Football League (NFL) makes football betting a popular activity in Canada. The CFL features passionate regional following and unique rules, while the NFA offers various betting types, including totals, point spreads, and money lines. 

Golf

Betting on golf has its charm, with major leagues and tournaments such as the Professional Golfer’s Association (PGA) Championship, the Masters, and the US Open drawing considerable attention. 

Combat Sports

Canadians enjoy betting on combat sports, and the best sportsbooks offer a massive range of betting markets, including the UFC.

Major Bonuses and Promotions Available on Canadian Online Sports Betting Sites

The best Canadian sportsbooks are popular for offering different types of bonuses and promotions that are constantly available for both new and existing punters. Following is the breakdown of the major types of promotions available on the best betting sites:

Welcome Bonus

The welcome bonus gives first-time customers a promotion that helps them start their betting journey. Most welcome bonuses are offered as a package that may include deposit or no-deposit bonuses and lots of free bets. 

Deposit Match Bonus

A deposit match bonus matches a player’s deposit up to a certain amount and credits the same amount as bonus funds into their betting account. 

Deposit Bonus 

Instead of matching the deposit, deposit bonuses offer a fixed bonus that players receive for depositing a particular amount of funds. 

No Deposit Bonus

No-deposit bonuses are risk-free bonuses offered to players without any deposit requirement. 

Cashback Bonus

Cashback bonuses are also available on the best sportsbooks centered around a particular event or a type of bet. It aims to mitigate the risks of betting on sports by offering a certain percentage of the loss made during a particular week. 

VIP Program

A VIP/loyalty program allows players to accumulate points by placing wagers on sports that result in exciting rewards like cash prizes and new bonuses. 

Refer a Friend

Canadian sportsbooks offer referral bonuses that offer rewards for bringing new users on board.

Most Common Payment Methods Available on Online Sportsbooks in Canada

Punters can make their deposits and withdrawals for sports betting via different payment methods on Canadian sports betting sites. However, there are certain differences in terms of payment speed, security, fees, and processing times that need to be considered. Let’s take a look at the most common payment methods available on the top sportsbooks in Canada – 

Credit and Debit Cards

Debit and credit cards like Visa, MasterCard, American Express, and Maestro are accepted on most Canadian sports betting sites due to their specific advantages. Gamblers prefer using debit and credit cards to make deposits and withdrawals and enjoy the higher security that these options provide. However, despite added security, there is a major drawback of long waiting times that may take up to 5 business days for a transaction to process.

Cryptocurrencies

Crypto is the most modern, convenient, and fastest payment method available on top Canadian betting sites. They offer greater anonymity and security than any other payment method. However, while they are available to players around the world, they are not as widely used as other traditional payment methods. 

E-Wallets

E-wallets like Skrill, Neteller, and PayPal are leading payment providers. The main benefit of using e-wallets for sports betting is the ease of use, which allows players to make transactions without providing their credit card or banking details. Moreover, e-wallets offer quick processing times with higher security. 

Banking Methods

Bank transfers or online bank payments are the ideal method for high rollers. They offer higher limits for deposits and withdrawals, and bettors who are looking for payment methods that allow larger sums often choose bank transfers. However, on the downside, the processing time for bank transfers is quite slow, taking about five business days to complete one transaction.

How to Bet at Top Canadian Sports Betting Sites?

With thousands of top sports betting sites, players have plenty of options. However, most sportsbooks follow a similar process regarding registration or betting on sports. Let’s take a look at how players can bet at top sports betting sites:

Choose an Online Sports Betting Site

Choose any recommended sportsbooks on this page and visit its official website. Navigate to the Register/Create Account/Sign Up tab available on the right-hand top corner to create a new betting account. 

Create and Verify Your Account

Enter the required details into the registration form. Most sportsbooks require a username, date of birth, phone number, home address, email address, and a new password to create an account. To conduct KYC, sportsbooks may require users to verify their contact details and upload documents to confirm their identity. 

Make a Deposit

Next, users must fund their sports betting account and redeem their welcome bonus. Enter the minimum deposit amount required and provide payment information. 

Place a Bet

As soon as the funds arrive, the sportsbook releases the bonus funds. Navigate to the Sports menu and choose any one of the current leagues or tournaments to wager on them.

Tips for Responsible Gambling in Canada 

The top Canadian betting sites promote responsible gambling and ensure players have a safe and joyful experience. While wagering can be a thrilling hobby, it is important to remember that it can quickly become an addiction, leading to financial problems. To ensure responsible gambling, sportsbooks offer a responsible gambling toolkit that encompasses self-exclusion options, deposit, loss, and wager limits, giving players the freedom to organize their gambling sessions. Additionally, players need to be aware of the dangers of online betting and can ask for assistance in times of difficulty. There are many counseling platforms that sportsbooks partner with, offering help for accountable betting.

Best Canadian Sportsbooks: Final Verdict

Not all sports betting sites are created equal. While some have a wider range of betting markets, others encompass many lucrative bonuses and promotions. We have reviewed the top Canadian sportsbooks to give our readers a brief overview of the betting products and services that sportsbooks offer. We maintain high standards when it comes to monitoring various sportsbooks battling for business, allowing our readers to rapidly segregate the potentially genuine websites from the shady ones. Make sure that untrustworthy sports betting sites are avoided to ensure a smooth betting experience.

FAQs

Is Sports Betting Legal in Canada?

Yes, sports betting in Canada is legal, and it is a recent change after the Canadian government made gambling legal in the country.

Can I Bet on My Phone in Canada?

Yes, betting on mobile is available for punters based in Canada. Many online betting sites are fully optimized for phones, laptops, and tablets; however, some platforms have dedicated mobile betting apps. Betting on mobile phones offers players the same experience as a desktop.

Can I Play Daily Fantasy Sports in Canada?

Yes, daily fantasy sports contests are considered legal in Canada. DraftKings and FanDuel are the leading names of the gambling industry operating in the country.

What Sports do Canadians Bet on the Most?

Canadian players can bet on the NFL more than any other sport. Other betting options are available, like NHL, NBA, MLB, football, etc.

Which Is the Safest Sport to Bet on In Canada?

The safest sports betting sites in Canada are licensed and regulated by a reputable betting authority. 

Is Sports Betting in Canada Safe?

The Canadian sports betting market is filled with safe and secure online betting sites, making it more secure than ever. As long as players register on a licensed Canadian sportsbook, all personal and financial information is 100% safe.

Disclaimer:- Our content has affiliate links, and if you use them to sign up or put money in, we might get some money. Make sure you know all the facts before you start playing.