With the advanced technology, it is easier for bettors in Canada to place online sports bets on their favourite leagues and teams. Betting sites in Canada have a range of wider attractive markets. If you want to know how betting works in Canada then you are at the right place. The only problem with sports betting in Canada is that the laws governing the industry are very complicated and most people will opt to look for options elsewhere.
Sports betting rules in Canada vary from province to another with each province with its own set of rules that oversees betting. There is therefore limited competition and therefore the prices offered aren’t seemingly admirable.
To succeed in online sports betting in Canada, you need to have an idea about how the odds work. Bookmakers use odds to determine how much the win will be with the basis of the probability of the outcome of the event. Odds are made in a way to impact any bet placed and there many ways bookmakers will use to calculate them.
While in Canada you will come across different sports you can bet on. Football is topping the list of the most common and profitable sports. You can also bet on American soccer, basketball, horse racing, boxing, hockey, golf, baseball and a lot more.
How do you find Sports Betting sites in Canada?
Sports betting in Canada casino and other options is open to anyone is over 18 years of age and you can bet on all foreign and local online bookmaker. Canada doesn’t apply any tax or fees to your sports betting wins. Canada has some of the best betting sites which are online and other community forums. Some of them are advertised through local TV and radio stations.
Things to know about Betting in Canada
There few things you need to know about betting in Canada when making a bet on any sport. And as earlier stated no taxes and fees are applied to any betting wins you make. Canada allows bettors to place bets on both local and international bookmakers. There is a total of about CA$18 billion and by 2017 there was a 4.9% growth. There is also total betting revenue of about 20% in Canada and Ontario is behind this.
Other online betting sports option in Canada include Fantasy betting and eSports. They are also popular and can be found any time. They are both non-physical sports which are basically electronic video games and other fantasy sports leagues.
What are the best sports Betting Sites in Canada?
In this review, we have made a compilation list of the betting sites we found suitable for you on the market in Canada. They include the following:
888Sport is one of the best and popular legal sports betting in Canada. It offers the best online sports betting services to bettors all over Canada and extends its service to the rest of Europe and Asia. This betting site provides paramount fairness, safety and security to its clients. To guarantee all these are in operation, 888Sport has incorporated several regulatory bodies to implement the rules. This is the site you will get horse betting in Canada.
On top of the list 888Sport offers in terms of betting promotions include cash-out whereby you can cash-out your bet before the outcome is decided. This bonus feature is available on few events and is applicable on both pre-match and live as well as single and multiple. Other bonuses include profit boost tokens, live streaming and live betting.
Betway is one of the top sites you can find betting football in Canada and other online sports betting option that are all over the world. They have a poker community and provide a Vegas-based casino as well. They have a generous welcoming bonus and offers easy navigation. It is a registered and regulated online sports betting in Canada under the Malta Gaming Authority (MGA) body. It is one of the best sites in the country that offer attractive betting markets on NFL, NBA, MLS and NHL matches. Besides, it is amongst the selected betting sites in Canada with dedicated eSports section.
Betway provides a sign-up offer to all its clients in the country which can be redeem easily and quickly. They offer a welcome bonus, $150 bonus on bingo and many more.
Bet365 is a licenced betting sportsbook with the best interface ever seen. The sportsbook is one of the best that offers a range of fantastic sporting markets in the sports betting industry. It covers soccer (football) and other online sports option as well. It also has a comprehensive coverage on horse racing.
Bet365 is amongst the fastest sportsbooks to update markets of the upcoming fixtures and carries very competitive site margins than the rest bookmakers in the industry. Bet365 requires very low minimum deposit and you can place your bets at a very minimum amount. It requires very little withdrawal charges by bank accounts.
The downside of this online sports betting is that it no longer provides online betting for Australian punters. Punters have to make a phone call to make a live betting.
Betfair operates in more than 40 countries all over the world and currently nine countries have a Betfair license. These countries include Australia, Denmark, Italy, Malta, Spain, Gibraltar, UK, USA and Bulgaria. It begun its services to its customers in 2000 and the idea was between Andre Black and Edward Wray. During the time, bettors placed wagers against themselves instead of doing it with a bookmaker. Unfortunately, Betfair is not legal in Canada.
Betsafe is a sportsbook that was established in 2006 and it is owned and managed by Betsson Group based in Sweden. It is an online casino as well as a bookmaker that has established itself in a special way. It offers an array of sports betting and casino and its existing members are almost 450,000 from different countries. With such a big number of customers it proves that it is indeed a reputable, trustworthy and secure online sports betting. Betsafe has an up to 200 wager-free spins casino deposit bonus with a validity of 30 days.
What type of games can you bet on in Canada?
There are several sports you can bet on in Canada and you can bet on almost everything. Some of them include ice hockey, horse racing, NBA NFL, Super bowl, CFL, Boxing, MLB, UFC and NHL.
What are most common payment methods for betting in Canada?
Mode of deposit and withdrawal is essential when it comes to online sports betting in Canada. Some of the common methods are credit cards, EntroPay Canada, Instadebit Canada, iDebit, EcoPayz Canada and Interac.
Visa and MasterCard are the most common credit and debit cards used but you can use Maestro or Diners Club.
Most common bonuses in Canada sports betting
Online Sports betting in Canada become attractive when there are free bets and bonuses given by any betting site. In Canada, betting is competitive like in any other country and bookmakers have come up with bonuses and promotions to make the industry appealing. Some of the common bonuses include the welcome bonus offered on every deposit you make first.
Any resident of Canada is legally allowed to place any choice on any legal sportsbook. The law governing betting in Canada requires you to be over 19 years in order to participate in betting. Betting in Canada is legal and it is important to note that each province has its own rules and laws that govern the betting industry.