Canada betting sites are increasing in number as online gambling grows. On this page, we’ll be looking at the best sports betting sites in Canada right now and provide you with details of their bonuses and offers.
Keep reading to understand how the recently passed laws have affected your betting options and how you can join reputable bookmakers online in just a few simple steps.
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The Best Sports Betting Sites Canada has to offer
Our experts have analyzed hundreds of Canada betting sites and found the following 10 to be the best ones overall. You can start wagering on any of these sites in just a few minutes, and we’ll explain how to do this later on in this guide.
- Powbet – One of the Best Sports Betting Sites in Canada.
- BetVictor – Accepts All Canadian Provinces
- STS – A Top-Rated NHL Bookmaker in Canada.
- Bodog – Offers Great Odds Across All Canadian Sports.
- Leon Bet – One of the Best Canada Betting Sites for Football
- N1 Bet – Access Live Betting for National and International Events.
- BetStorm – One of the Fastest Paying Canadian Betting Sites.
- Tebwin – Plenty of Ongoing Bonuses and Promotions Available.
- Cazimbo – A Top Betting Sites in Canada for Cryptocurrencies.
- Betvictor – Bet On the NBA and NFL with Competitive Odds.
- Sports Interaction – One of the Best Canada Betting Sites for eSports.
Best Sports Betting Sites in Canada Reviewed
Now that you’ve seen our list of the 10 best Canada betting sites, let’s get to know the top five operators better.
1. Powbet – The Best Sports Betting Sites in Canada
Our panel of experts has found Powbet to be the overall best Canada betting site. As you go through other guides on this site, you’ll see that this operator ranks highly across most of them, including the best Alberta sportsbooks and the best sportsbooks in British Columbia.
Powbet offers an extensive range of markets across its 30+ sports and eSports. It offers all the sports categories that are popular in Canada, including ice hockey, basketball, and football. In addition, it also provides competitive odds on other sports, as is considered to be one of the best golf and F1 sportsbooks, among achievements.
You can fund your Powbet account using either CAD or cryptocurrencies. The site features a selection of instant banking options, including debit/credit cards, eWallets, and payment vouchers. Alternatively, you can pay with Bitcoin or any of the three Altcoins available.
Most payment methods are free to use, but certain CAD withdrawal options may be subject to an extra charge.
As the best Canada betting site, Powbet is offering new players an online sports betting bonus that doubles the first deposit by up to $150. This offer does not require any promo code to be activated. Moreover, its wagering requirement is valid for bets with minimum odds of 1.5.
Pros:
- Bet on football, ice hockey and 30 other sports
- In-depth selection of pre-game and in-play markets
- Quick payouts in CAD and crypto
- A superb sportsbooks for Canadian sports fans
Cons:
- A relatively small sign-up bonus
2. STS – Top-Rated NHL Bookmaker in Canada
STS is one of Canada’s best NHL sportsbooks and offers early and competitive odds for all-season and pre-season sporting events. The site is very user-friendly and offers existing users a variety of ongoing bonuses, including ones that are dedicated to NHL or other ice hockey markets.
Apart from being one of the best hockey sportsbooks, STS is also known for providing a great choice of pre-game and in-play markets across its 25+ sports and eSports. Apart from benefitting from great odds, this sportsbook offers you a selection of odds boosts that can make a major difference in payouts if you win.
In addition to being one of the best sports betting sites in Canada, STS also provides odds for entertainment and political events. As we’re writing this guide on Canada betting sites, there are odds available for the upcoming 2024 US election.
STS is offering new players the opportunity to claim a first deposit bonus worth up to $300. To claim this welcome offer, you must deposit a minimum of $20 and enter the promo code SBK300. The operator will match your deposit and let you withdraw any winnings once you’ve fulfilled the wagering requirement on bets with minimum odds of 1.8.
Pros:
- Top hockey betting markets
- Bet with real money on politics and entertainment
- Accepts credit cards and other instant payment methods
- 24/7 customer support via live chat
Cons:
- You cannot use cryptocurrency
3. Bodog – Offers Great Odds Across All Canadian Sports
Bodog is one of the best Canada betting sites if you enjoy wagering on a selection of national sports. This feature-rich sportsbook offers 30+ sports and eSports markets and is one of the best football sportsbooks in the country. No matter which sport or team is your favorite, you’re likely to find it here.
One of the most enticing features of Bodog is its range of betting markets. Beyond moneyline betting and other standard bets, you can access a range of exotic markets, including futures and Superfecta bets, commonly found in horse racing events. You can also create parlays using the user-friendly builder and benefit from higher potential payouts for the correct predictions.
Bodog is also one of the best betting sites in Canada as it offers a comprehensive online casino alongside its sportsbook. This means that with a single account, you’ll be able to access extensive betting markets and play thousands of slots and table games.
As we explain further in our Bodog review, there are a number of bonus offers available to new players. The most popular one that allows you to get the best sports betting experience will double your first deposit by up to $400. This offer comes with one of the lowest wagering requirements amongst all the best Canada betting sites. To fulfill it, you must place bets with odds of 1.01 or higher.
Pros:
- Great odds on CFL, NBA, MLB, and other top sporting championships
- Place a variety of standard and exotic wagers with top payouts
- A 100% match bonus worth up to $400
- Offers CAD and crypto deposit methods
Cons:
- No mobile app availalbe
4. Leon Bet – One of the Best Canada Betting Sites for Football
Leon Bet is the best Canada betting site for football and ranks among the best NFL sportsbooks in the country. Every week, new betting lines are added for upcoming matches, and live bets activate just as soon as the starting whistle is blown on the ground. Pre-game odds are frequently updated, whereas in-play betting is updated in real-time.
Apart from being one of the best football sportsbooks for real matches, Leon Bet is also a top-ranking virtual football provider. A combination of sports and casino games, virtual sports provide the same level of thrill and surprises found in real matches with the added advantage that they only last 15 minutes or less.
In addition, you can follow the action unfold in high definition, and don’t need to worry about matches being postponed due to the weather.
The Leon Bet sportsbook and casino can be accessed from the mobile-optimized main website or through the Android app.
By joining Leon Bet today, you can benefit from a first deposit bonus worth up to $200. This offer is provided in the form of a risk-free bet, so you will first need to lose your real money bet before receiving the reward. Free bets can be withdrawn only after they have been wagered on bets with minimum odds of 1.8.
Pros:
- Great choice of real and virtual football markets
- Get a risk-free bet of up to $200 as a new player
- Good selection of eSports
- Free Android app available
Cons:
- No iOS mobile app
5. N1 Bet – Access Live Betting for National and International Events
N1 Bet is one of the best online betting sites in Canada for in-play betting. Every day, the site populates its live betting page with hundreds of betting markets across most of its 25+ sports. No matter whether you’re looking to place bets on local or international events, N1 Bet has got you covered.
In addition to supporting live betting on popular sports, this sportsbook offers a variety of useful features. Parlay betting is possible for most sports, even on the best curling sportsbooks and the best tennis betting sites, and you can cash out early on eligible live bets. Moreover, the site offers loyal sports bettors the opportunity to watch some of the hottest matches live for free in HD.
Apart from offering international and Canada sports, N1 Bet provides an extensive casino games platform. With a registered account, you’ll be able to play thousands of online slots, live casino games, table games, and specialty titles and even claim betting bonuses just for them.
The N1 Bet sports welcome bonus is currently split into four parts. Its combined maximum value is $970, and you can claim your first one by placing a deposit. The operator will provide a 10% match of up to $300. The wagering requirement for this offer is subject to bets with minimum odds of 1.01.
Pros:
- 34+ sports and eSports markets available
- Live streaming in high definition
- A no-deposit bonus free bet worth $8
- Android and iOS apps available
Cons:
- A relatively small first deposit bonus
Best Canada Betting Sites Comparison
With so many great features and bonuses, it can be difficult to determine which Canadian betting site to choose. The following table can help you identify the online sportsbooks that best match your preferences.
Betting Sites Number of Sports Welcome Bonus Live Streaming Accepted Payment Methods Powbet 30+ 100% deposit match up to $150 No Credit card, debit card, Paysafecard, Skrill, Neteller, Interac, ecoPayz, Postepay, Bitcoin, Ripple, Ethereum, Litecoin STS 25+ 100% match up to $300 No Credit card, debit card, AstroPay, ecoPayz, Interac, MuchBetter, Paysafecard Bodog 30+ 100% deposit match up to $400 No Credit card, debit card, Interac, Bitcoin Leon Bet 22+ 100% risk-free bet of $200 Yes Credit card, debit card, Interac, MuchBetter, Neosurf, Ethereum, Tether N1 Bet 25+ 10% free bet up to $300 Yes Credit card, debit card, Interac, MuchBetter, ecoPayz, Neosurf, Bitcoin, Ethereum, Tether, Dogecoin, Bitcoin Cash, Litecoin Betstorm 19+ Get a $10 free bet with your first $10 bet No Credit card, debit card, Interac, Bitcoin, MuchBetter, Paysafecard Tebwin 19+ Get a $10 free bet with your first $10 bet No Credit card, debit card, Interac, Bitcoin, MuchBetter, Paysafecard Cazimbo 30+ 100% match up to $150 No Credit card, debit card, Interac, MuchBetter, ecoPayz, Neosurf, Mifinity, Bitcoin, Ethereum, Tether, Dogecoin, Litecoin, Ripple Betvictor 30+ 100% matched free bet worth up to $300 No Debit card, Credit card, PayPal, Neteller, Skrill, Paysafecard Sports Interaction 22+ 100% match up to $500 No Debit card, Credit card, Interac, Paysafecard, MuchBetter, ecoPayz, Instadebit How We Select the Best Canadian Sportsbooks
Before we create our list of the best Canada betting sites, our team of sportsbook experts carries out extensive research and analysis.
Here are some of the criteria that they consider:
Licensing and Security
The first thing we look at is whether a sportsbook is legit. All the online sportsbooks featured in this guide are licensed in their home countries and use advanced encryption to protect players’ accounts. Sports Interaction, for example, holds multiple operating licenses, as well as an agreement with Ontario iGaming.
Number of Betting Markets
The range of sports you can bet on is a major consideration in how we review sports betting sites in Canada. Sites like Powbet and STS, for example, stand out for their huge selection of prop bets for major games.
Bonuses & Promos
Both long-established and new sportsbooks are eager to win over new customers by offering welcome bonuses and ongoing promotions. Bodog, for example, is a Canada betting site that is rewarding your first deposit with up to $400 in bonus bets.
Live Betting & Streaming
Live betting lets you wager on live games as they unfold. It completely changes the way you can bet, and it’s available at all of the best sports betting sites in Canada. N1 Bet and other top sports betting sites even let you watch a selection of matches for free in high definition.
Loyalty Scheme
Some Canada betting sites, including Tebwin, offer loyalty schemes for returning players. These can lead to exclusive bonuses, cashback, and other benefits, so they’re worth exploring if you plan to bet frequently. Loyalty schemes are more popular in online casinos.
Payment Methods
We think payments should be seamless. That’s why we reward sports betting sites in Canada that accept credit cards, debit cards, and cryptocurrency, such as Cazimbo. All of the best sportsbooks we recommend also offer quick payouts with low or no withdrawal fees.
Mobile Betting
Canadian bettors increasingly want to wager on the go, so we look for sportsbooks such as BetVictor that offer high-quality mobile apps for iOS and Android. The best sports betting apps offer access to the same range of sports and the same odds as their corresponding desktop online betting sites.
Customer Service
Being able to get in touch with customer support when you need help is essential. Sportsbooks like Bodog offer 24/7 customer support by phone, email, and live chat.
Are Online Sportsbooks Legal in Canada?
Sports betting is legal throughout Canada. However, how you can bet depends on which province you’re in.
In Quebec, Newfoundland & Labrador, Prince Edward Island, New Brunswick, Nova Scotia, Manitoba, Alberta, and British Columbia, you can wager either in-person at retail sportsbooks or online using a betting site. The rules are also similar for Ontario sportsbooks.
In Saskatchewan, Yukon, Northwest Territories, and Nunavut, only in-person betting is allowed.
One major caveat to sports betting in Canada is that until recently, Canadians could not legally bet on single matches. The only way to bet was on parlays that involved multiple sporting events. However, that changed on August 27, 2021 thanks to the passage of Bill C-218.
Now, bettors in all provinces except for Nova Scotia can bet on individual games.
Here’s how online sports betting legalization has progressed in Canada in recent years:
- February 2020: Bill C-218, which would allow single-game betting in Canada, is introduced into parliament. The bill came as several US states bordering Canada, including New Hampshire, Michigan, and New York, sought to legalize or expand online sports betting.
- June 2020: The NFL, NBA, MLB, and NHL express support for single-game sports betting in Canada.
- April 2021: The Canadian House of Commons passed Bill C-218, sending it to the Senate for a vote.
- June 2021: Bill C-218 was approved by the Canadian Senate and received royal assent.
- August 27, 2021: Legal single-game sports betting came into effect. Provinces would be able to set their own rules for single-game betting. Ontario and British Columbia, 2 of Canada’s largest betting markets, quickly moved to allow single-game betting.
- March 2022: 888, Bragg Gaming, BetRivers, FanDuel, Unibet, Bet365, Kambi and BetMGM all receive approval from Ontario’s AGCO for legal sports betting in the province.
- April 4, 2022: The Alcohol and Gaming Commission of Ontario (AGCO) launches its iGaming program in this flagship sports betting province.
How Online Sports Betting Works in Each Province
Although single-game sports wagering has been legal in Canada since August 2021, each individual province is responsible for sports betting licensing within its territory. Not all territories have yet provided the necessary licenses to interested parties to enable them to provide sports betting opportunities to Canadian people.
Here we take a province-by-province look at the current legal state of sports betting in each Canadian territory.
Ontario Online Gambling
Viewed as Canada’s flagship gambling province, Ontario launched its iGaming program in early April 2022. There are now several online legal and regulated sportsbooks available for people resident in Ontario.
Quebec Online Gambling
Both online and retail sports betting is legal in Quebec, but currently only at the Quebec-run Mise-o-jeu (retail) and Mise-o-jeu+ (online) locations. There are seemingly no plans to expand legal sports betting to other parties.
Nova Scotia Online Gambling
Single game betting (both online and retail) was made legal in Nova Scotia in February 2022. There are, though, no retail or online sportsbooks as yet in Nova Scotia aside from the Atlantic Lottery Corporation (ALC) run retailers or the Pro-Line Stadium online site.
New Brunswick Online Gambling
Like Nova Scotia, online gambling in New Brunswick is controlled by the ALC. Also like Nova Scotia, people in New Brunswick may only bet online at the Pro-Line Stadium site, or at approved ALC retailers.
Manitoba Online Gambling
Online gambling in Manitoba is controlled by the Manitoba Liquor and Lotteries Corporation (MBLL). Single game betting has been available at the MBLL site Playnow.com since August 2021, and at the Sport Select site, which is owned by the Western Canada Lottery Corporation, since November of the same year.
Discussions are ongoing in Manitoba as to whether online gambling in the province should be expanded, as it has been in Ontario.
British Columbia Gambling
BC launched single game betting in August 2021 at the British Columbia Lottery Corporation site PlayNow.com. It also has a retail sportsbook at the Starlight Casino in New Westminster.
All of the provinces in Canada, British Columbia looks to be the one most likely in following Ontario’s legal sports betting initiatives.
Prince Edward Island Online Gambling
Another province under the control of the ALC when it comes to online gambling, people on Prince Edward Island can bet legally but only at the ALC’s Pro-Line Stadium site, or at an ALC-approved retail location. There are no plans currently to expand sports betting in the province.
Sakatchewan Online Gambling
People in Saskatchewan can only currently place bets on single games at retail outlets approved by the Western Canada Lottery Corporation.
The Saskatchewan Indian Gambling Authority (SIGA) have announced plans to launch an online single game betting platform in the summer of 2022. This move has been approved by the Saskatchewan Liquor and Gaming Authority.
Alberta Online Gambling
The licensing board of Alberta is Alberta Gaming, Liquor and Cannabis (AGLC). Single game sports betting in available at the PlayAlberta site, and at the Sport Select site which is run by the Western Canada Lottery Corporation. Retail sports betting is also available at AGLC and WCLC approved sportsbooks.
Surprisingly, there are currently no plans in Alberta to expand sports betting to other retailers.
Newfoundland and Labrador Online Gambling
The situation in Newfoundland and Labrador is idential to Nova Scotia and New Brunswick. Both online and retail sports betting is available but only at the ALC-approved Pro-Line Stadium retailer. There are seemingly no plans for this to change in 2023 and beyond.
Explore Our Other Provincial Betting Guides
BC Sports BettingInterested in finding the best sports betting offers in British Columbia, then this is this guide for you. Discover the top betting sites, offers, and more.BC Sports Betting
Quebec Sports BettingLearn more about the sport betting opportunities that are currently available in Quebec. Explore the top betting sites, betting offers & much more.Quebec Sports Betting
Alberta Sports BettingCovering everything you need to know about sports betting in Alberta. Including laws, payment methods, and how to wager a bet online, and more.Alberta Sports Betting
Ontario Sports BettingJoin us as we explore the world of sports betting in Ontario. Providing you with everything you need to know, from the best betting sites, legalities, and more.Ontario Sports BettingOffshore Sportsbooks
Offshore online gambling sites are legal in Canada. They have historically been popular among Canadian bettors because they offer single-game betting even though this was banned for Canadian sportsbooks.
The recent legalization of single-game betting in Canada is expected to take away some business from offshore betting sites in Canada. However, the presence of Canada-based and offshore betting together is likely to make the betting market more competitive overall. That means bigger bonuses and more competitive odds for players.
Moreover, since offshore sites don’t need to pay the high Canadian licensing fees, they are able to provide better bonuses, remaining some of the best sports betting sites in Canada for years to come.
What Sports Can You Bet On Online?
The range of sports betting markets available in Canada is enormous. Importantly, Canadians aren’t limited to betting on Canadian teams or sports leagues. You can bet on American leagues like the NFL and NBA, as well as cross-border leagues like the NHL and MLB.
You can also bet on sports leagues in the UK, Europe, Australia, and New Zealand. For example, Intertops offers soccer betting on dozens of games each day from across Europe throughout the season.
Sports betting is also available for popular sports like golf, tennis, auto racing, and more. Most of our featured platforms are also top eSports betting sites in the country, offering markets for League of Legends, Rainbow Six, DOTA 2, Counter-Strike: Global Offensive, and other popular games.
Types of Betting Markets
When it comes to betting on sports in Canada, you have options – especially thanks to the fact that you can now bet on individual games! Here are some of the most common types of betting markets you’ll find at top Canadian betting sites:
Straight Bet (Moneyline bet)
Straight or moneyline bets are single-game bets on which team will win. These have long been the most popular type of sports bet in the US, and moneyline bets are expected to dominate the Canadian market now that they’re legal.
Spreads
Spread bets are like moneyline bets, but with the added wrinkle that you’re betting not only on which team will win, but how much they’ll win by. To win a spread bet, the team you pick to win must win by at least the bet’s threshold amount. In a puck line, for example, the underdog may be given a two-goal advantage over the favourite in order to even out the playing field. Your skill is then to select the winning bearing this advantage in mind.
Correct Score Bet
In a correct score bet, you must pick the exact final scores of each team. These bets can be difficult to win, but they offer big payouts if you bet correctly.
Parlay Bet
Parlay bets are wagers on 2 or more sporting events. For a parlay bet to win, you must be correct about the outcome of all games that you bet on. Until Bill C-218 passed, this was the only type of bet allowed in Canada. Parlays can combine moneyline bets, spread bets, or most other types of popular bets.
Round Robin Parlay (System Bet)
A round robin parlay includes all possible bets arranged around all the possible bets in the parlay. A parlay of three turned into a round robin would also include three doubles and three singles. With a larger number of selections, if is customary to omit some parlay bets in order to keep the cost of the wager down. For example a round robin parlay of five events may omit the five four-folds.
Over/Under Bet (Totals Bet)
Over/under bets let you wager on whether a game’s total score will be over or under a certain value set by the sportsbook. You can also find over/under bets for other metrics, such as how many points a single player will score.
Prop Bet
Prop bets are wagers on things that don’t directly affect a game’s final score. You can find prop bets for things like the number of rebounds a player will make, the total time a player spends in the game, or even what quarter the first goal will be scored in.
Futures Bet
Futures bets are wagers on events in the distant future rather than on upcoming games. Common futures bets involve picking next year’s championship team or league MVP.
Live Betting
A bet on an event that is currently taking place. In soccer, you may be able to bet on the next player to score, receive a yellow card or be substituted. In football, whether the next points scored will be as a result of a field goal, touchdown or safety. You can also bet on the final outcomes on games that have already started.
Alternate Lines Bet
Almost identical to betting on the spread, when it comes to spread betting most sportsbooks will offer the same spread – like for baseball it’s generally +1.5/-1.5. For some events (like football) it’s the same odds (+110/-110). Alternate lines will give you more options for both the spread and the odds. By reviewing the alternate lines available you can see which spreads and which odds are likely to be the most profitable.
With teasers and pleasers you either buy points (teasers) or sell points (pleasers) in order to change the spread a sportsbook is offering you. For example, you could buy six points to change the lines of three NFL games, which then form part of a parlay bet.
Pleasers tighten your chances of winning in return for higher odds. Because of the complicated nature of teasers and pleasers betting, they are not recommended for newcomers.
How Betting Odds Work
Understanding betting odds is extremely important to succeed at sports betting. Odds explain how much you have to risk on a bet to get a specific reward if you win. So, they’re a measure of how much a bet pays off. Typically, you’ll stand to receive a bigger payout if the outcome you’re betting on is more unlikely to happen.
Odds can be written in several different ways. Let’s take a closer look at the 3 most common types of odds formats you’ll see at the best Canada betting sites.
American Odds
American odds are perhaps the most complex odds format. That’s because how to read them depends on whether you’re betting on the favored outcome or the underdog outcome.
The favored outcome is represented by a – sign. In this case, the number indicates the amount you need to bet to win $100. So, odds of -400 mean that you must bet $400 to win $100, plus get your original $400 wager back (a total payout of $500). If you lose, you’ll lose $400.
The underdog outcome is represented by a + sign. In this case, the number indicates the amount you’ll win if you wager $100. So, odds of +400 mean that if you bet $100, you will win $400 and get your original $100 wager back (a total payout of $500). If you lose, you’ll only lose $100.
Fractional Odds
Fractional odds are formatted to show how much you will win for every $1 you bet. For example, odds of 10/1 mean that if you win your bet, you’ll receive $10 for every $1 you wager – plus you’ll receive your original bet back. If you bet $5 on odds of 8/5 and win, you’ll receive $13 – that includes $8 for winning and a refund of your original $5 bet.
Decimal Odds
Most sites for sports betting in Canada use decimal odds because they’re easy to understand. They simply display the amount you’ll win, in dollars, for every $1 you bet – including your original wager. So, odds of 3.4 mean that if you bet $10, you’ll receive $34 (3.4 x $10).
Finding the Best Odds
Finding the best odds at Canada betting sites takes some work. Every sportsbook decides its own odds for a match, and not all sportsbooks will offer the same odds. To make things more complicated, one sportsbook might offer consistently better odds for, say, NBA games, while another might offer better odds for NHL games.
It’s up to you to compare odds across sportsbooks to find the best deal for any particular bet. For most players, it makes the most sense to find a top Canada betting site with reliably good odds and then stick with it for most wagers.
How to Calculate Your Winnings from a Wager
The aim of betting is to maximise your profits, so you need to know how to work them out. Don’t get confused about the difference between winnings and returns. Winnings are the profit you make, while your return is the winnings added to your original stake.
Profits can be worked out as follows:
Single Bets (Positive Moneyline Odds)
The formula you need is profit = stake x (odds/100). So, a $10 bet on odds of +110 = $10 x (110/100) = $10 x 1.1 = $11. Your full return will be $21 ($10 + $11).
Single Bets (Negative Moneyline Odds)
The formula here switches to profit = stake / (odds/100). So the $10 bet on odds of -110 becomes = $10 / (110/100) = $10 / 1.1 = $9.09. Your return will be $19.09 ($10 + $9.09).
Decimal Odds
Decimal odds give your return by multiplication. If you want to get your profit, subtract 1 from the odds. So, decimal odds of 1.50 for a $10 will give a $15 return, but a $5 profit.
Fractional Odds
Fractional odds only give your profit, not your return, again by muitiplication. A $10 bet on odds of 5/4 will give a profit of $12.50. To get your return, add on your stake (in this case, a total return of £22.50).
Double/Parlay/System Bets
To work out profit (or potential profit) from a bet with more than one leg, you take the return (not the profit) from one bet and use it as the stake for the next. The order you work out each step does not matter as the outcome will be the same.
Lets say we are staking $10 on three parlay bets with odds of +110, +120 and -110. Here be the math!:
- $10 * (110/100) = $11 profit + $10 stake = $21
- $21 * (120/100) = $25.20 profit + $21 stake = $46.20
- $46.20 / (110/100) = $42 profit + $46.20 stake = $88.20
Therefore, if all three of your legs wins, your total return will be $88.20, therefore your totla profit will be $88.20 – $10 = $78.20.
Trustworthiness: Safety, Security, and Privacy
It is very easy to get scammed when using the internet, unfortunately. There are all sorts of traps the unsuspecting can fall into if care is not taken when engaging with sites and people all across the world wide web. If you are using online sportsbooks, then here are some things you need to look out for. Follow our tips to keep yourself safe.
Safety & Security
To keep yourself completely safe, use a VPN when using sports betting sites, even if the VPN you are using puts your location in Canada. Your computer’s ip address is unique, and people can trace you if they gain access to it.
Never respond to off-site emails asking for personal information, and never financial information. If someone phones you and says they are from ‘BetOnline’ and they need your credit card information to validate your account, just end the call.
The key notion here is that if something sounds or looks like a scam, then it probably is.
Legal and Certified Sites
All gambling sites have to have licenses. Never play at a sportsbook that does not have a license. Always check the site’s license to confirm it is legitimate.
For legalised Canadian sites, the site will be licensed by your territory’s gambling licensing board. For offshore sites, the licensing will be provided by a non-Canadian licence provider, such as those in Antigua & Barbuda & Curaçao.
Canadian Players
Naturally, you will want to make sure that the site you intend to use accepts Canadian players. If you want to use a site that does not accept Canadian players you may think you can get round it by using a VPN, but you may face problems in getting any winnings out of that site’s account. If you cannot prove that you are not resident in Canada, then the site may consider that you’ve broken their T&Cs and confiscate your winnings.
Rest assured, we only promote sites that accept Canadian players.
Canada Betting Sites Bonuses
Many of the best Canadian betting sites offer generous welcome bonuses to attract new players and ongoing promotions to retain them. These bonuses can add up to a lot of money, especially if you’re flexible in how you deposit money to your sportsbook and use your bonus funds wisely.
Let’s explore some of the most common types of sports betting bonuses you’ll find at the best Canada betting sites.
Free Bets
Free bets enable you to make a wager with the knowledge that if your bet loses, the sportsbook will give you a refund. To qualify for a free bet, you first have to make a deposit to the sportsbook – you’ll put your own money on the line to initiate the bet.
If you win your free bet, you get to keep the payout just like you would with a normal bet. If you lose, the sportsbook will reimburse you for the cost of the wager. So, you’re not down any money and you’re free to make another bet.
Matched Deposits
You’ll find deposit match bonuses at many of the best sports betting sites in Canada. For example, Powbet, our #1 pick for new bettors, offers a 100% deposit match up to $150.
With a matched deposit, the sportsbook gives you bonus funds based on how much you deposit into your account. The more you deposit, the bigger your bonus (at least, up to the maximum bonus amount).
No Deposit Bets
No deposit bets are a lot like free bets, except you don’t need to make a deposit to the sportsbook before you can start wagering. All you have to do is sign up, and the sportsbook will let you place a single bet worth up to a specified amount.
This type of bonus is great because it lets you try out a sportsbook and bet for free. Once you use your bet, you can either deposit funds to keep playing or switch to a different online sportsbook.
Sportsbook Bonus Terms & Conditions
As you might expect, sportsbook bonuses do come with some terms and conditions. It’s important to understand what these entail so you’re not taken by surprise after playing a bonus.
- Wagering Requirement: The most important bonus condition is the wagering requirement. This is the amount you need to bet at the sportsbook in total before you can withdraw your bonus funds or winnings you got from playing your bonus. The wagering requirement is five times the bonus amount at Powbet and other top Canada betting sites.
- Valid Period: At some sportsbooks, you have a limited amount of time to meet the wagering requirement. This is 30 days at top Canada betting sites, including Powbet.
- Restricted Markets: While most sportsbook bonuses can be used to bet on any sports, some bonuses do come with restrictions. You may only be able to bet on regular-season games, for example, or only on moneyline bets.
- Minimum Odds: Most sportsbooks require you to bet on odds of 1.5 or greater with your bonus funds. This is so that you have to bet on marginal favorites or underdogs – you can’t use your funds to bet on heavy favorites that are overwhelmingly likely to win.
Mobile Sports Betting Apps
Sports betting is increasingly something that Canadians do on the go. As a result, many of the best Canadian betting sites now offer mobile betting apps in addition to their desktop sites.
Mobile betting apps offer all the same wagers, odds, and markets you’ll find on a desktop. They differ mainly in the betting experience, which is optimized for smartphone screens and tapping instead of clicking. Mobile apps from sportsbooks like Leon Bet and Betvictor let you bet with just a few taps, making the process of wagering extremely easy.
New Canada Betting Sites
New Canada Betting Sites appear every year so, whether you’re looking for Quebec sportsbooks or Alberta sportsbooks, you can find them. While not every new sportsbook will match up against more established competitors, some of them are quite good. New sites for sports betting in Canada often have bigger welcome bonuses and more seamless mobile experiences than existing sportsbooks. They can also offer new features like parlay builders, odds boosts, and live streaming.
When considering Canadian betting sites, be sure to do your homework. New sportsbooks don’t have the same track record as more established players, so it’s important to make sure your money will be safe.
Best Features on Betting Sites
Here are what we think are the best features available at betting sites available to Canadian sports bettors
Live Betting
Live betting is a game-changer for Canada betting sites, especially now that single-game betting is legal. With live betting, you can wager on games after they’re already underway. Sportsbooks update odds in real-time, so you can continuously bet as a match unfolds.
That can make even the dullest games exciting. Live betting odds can offer big payouts, and the best sportsbooks make it easy to see which live bets are most popular among fellow Canadian players.
Bet Builders
A bet builder is a tool that allows you to build your own, unique bet on a single sporting event. For example, with a soccer game you can build a bet that includes the final score of the game, one of the players to score a goal at any time, and the number of corners awarded to be over 5.5.
By using your sporting knowledge you can create bets that have high odds but have more chance of becoming winning bets than the odds would suggest. Note that with a bet builder all the events in your built bet have to be correct for your entire bet to be a winning one.
Live Streaming
Gambling sites like N1 Bet let you stream games online on your computer or smartphone. So, you can watch games play out in HD and wager on them at the same time. That’s a huge plus, particularly if you want to stream and bet on international sporting events.
You won’t find the big events available for live streaming, such as the Super Bowl, the US Open (golf or tennis!) or the UCL final due to broadcasting contracts, but you should find a decent array of domestic and international events ready for you to bet upon and watch.
Parlays
Parlays are combos of single bets into one overall bet. A parlay bet may also be called an accumulator bet (or acca for short) or a combination or combo bet. With a parlay you chain together several bets (the order is immaterial) so that the winnings from one bet becomes the stake of the next, and so on. All your singles have to win else your overall parlay bet fails.
You can significantly increase your odds for winning with parlay bets. Another parlay-type option is a round robin bet. Here all possible combo bets are included within the bet – so if you bet on four events, you also have four triples, six doubles and four singles covered. With some round robins, parts of the bet may be intentially omitted to lower the overall wager cost.
Cash Out
Cashing out is an excellent feature that’s used in combination with live betting. It enables you to cash out a winning bet early if you feel your bet is likely to turn into a losing one, albeit for a reduced payout.
Say the Maple Leafs are playing the Senators. You’ve backed the Toronto team to win and they are currently 2-1 up, but you feel the Senators are likely to come out on top, so you cash out your bet. The Senators tie the game up then win in OT, so by using cash out you’ve stopped a winning bet from becoming a losing one.
Advantages of Sports Betting Online v Offline
There are a number of retail outlets throughout Canada where legal sports betting on single events is now permitted – and indeed in some provinces (see above) it is the only way you can wager. However, in most jurisdictions you can also bet online, plus you always have the option of using the offshore sportsbooks that fall outside of Canada’s jurisdiction. So, are there any advantages of sports betting online as opposed to visiting a retail sportsbook? We certainly think so, and here are a few of them.
Welcome bonuses – most online sites will offer patrons the chance of a welcome bonus or some other kind of promotional deal. Retail sports books do not.
Ongoing promotions – a decent number of online sports betting sites will also offer a stream of promotions throughout the duration of your membership. You can use these to your advantage to get plenty more bangs for your Canadian bucks.
Cashing out – the live betting option of cashing out (see above) is a great way of stopping winning bets from becoming losing ones. True, your winnings will take a hit, but that’s better than losing everything. Retail sports books do not generally offer cashout.
Betting is easy – It’s just far easier to bet online than driving down to your ‘nearest’ retail sports, which could be over 100 miles away! You can even now bet online using your phone or any other mobile device. Much more convenient than a wagering road trip. Moving your money into and out of your account is much easier too!
Different providers – it’s unlikely that you’ve access to over two dozen different retail sportsbooks within your local areas, but you should have access to over two dozen online sportsbooks. This means that if you don’t like the odds or options at one sportsbook, you can simply move on to the next one!
Online Betting Payments & Withdrawals
How payments work at the Canadian betting sites is also worth considering. All of the sportsbooks we reviewed accept credit cards and debit cards, which makes things simple. On top of that, we look specifically for sportsbooks that make payouts to players within just a few days of your withdrawal request.
Cryptocurrency Options
Several of the best Canada betting sites also accept cryptocurrency. These normally include a handful of top coins and tokens, such as Bitcoin, Bitcoin Cash, Ripple, Ethereum, and Litecoin. Crypto payments are anonymous, instantaneous, and extremely safe.
Online Casino
At present, running an online casino in Canada is not legal, and neither is playing at an online casino that is run in Canada. This is despite Canada having many real world casinos. Offshore sites often have casino options though, meaning you can play casino games at them as they are outside of Canada’s jurisdiction.
Below are details of the kind of games you can expect to be available to play on your PC, laptop, tablet or phone.
Slots
Online video slots are the most popular and populous option at online casinos for Canadian players. There are thousands to choose from, and all with countless different themes and features. The most popular type of online slot apes the kind of video slot found in casino arcades with five reels, multiple paylines, wilds, scatters and bonus features.
Roulette
The simplest kind of gambling game. Bet on a number or a group of numbers (or red/black) and hope the ball lands in the pocket of a number you’ve covered. Our tip here – choose European Roulette over American Roulette as the odds are better for you.
Blackjack
The world’s most popular casino card game. You need to score as close to 21 without going bust, and hope that you beat the dealer’s total. Our tip here is to research ‘perfect strategy’ which should help to maximise your chances of coming out of a blackjack session in profit.
Poker
There are three main ‘types’ of poker available at online casino sites:
Ring Games: Where you play against real people. Such games can be tough, especially for newbs. You have to know what you are doing when it comes to this type of poker play.
Video Poker: Draw poker played on a video screen. The better your hand, the more you win. Commonly, if your hand is worth less than a pair of jacks, you lose your stake.
Casino Poker: Usually Texas Hold’em poker but played head-to-head against the casino dealer. The rules are not the same as ring games, so make sure you understand them before you sit down to play.
Baccarat
A popular European card game where the aim is to score a total of nine. You cannot bust as only the final digit of your total is your score. All cards that are usually worth ten are worth zero, and you can bet on yourself to win or lose (you cannot lose on purpose!) or for there to be a tie.
Craps
Popular in North America, this dice game is rarely found at online casinos as the participation factor in craps is important. Playing on your own is just not as good! If you like dice games try sic bo, which is a Chinese game which works like roulette.
How to Get Started with a Top Online Sportsbook
Ready to get started with the best sportsbook in Canada? We’ll show you how to place your first wager with Powbet today. By registering a new account with this top Canada betting site, you can claim a 100% sportsbook bonus worth up to $150.
Step 1: Account Registration
Visit the Powbet website and click on “Play Now”. Click on the appropriate bonus offer and click on “Next Step”.
Step 2: Personal Information
Provide your personal information, including a valid mobile number and email address.
Complete the registration process to receive an automated email from the Powbet team. Click on the link found within the email to confirm your email address.
Step 3: Payment
Select your preferred payment method by clicking on the appropriate logo. For each banking option, you will need to match or exceed the minimum payment limit.
Enter the amount you wish to deposit and follow the on-screen instructions to complete your payment.
Step 4: Sports Betting
Now you’re ready to bet. Head to the sportsbook lobby to see all the different sports and wagers available to you. When you find a game you want to bet on, click on it to see what bets are available and the odds for each one.
Click on any odds to add a bet to your bet slip, then enter the amount you want to wager. When you’re ready, click ‘Place Bets’ to place your first sports bet.
Best Betting Site in Canada
Sports betting got a big boost thanks to the legalization of single-game betting. Now, the best Canadian betting sites allow you to bet on any game and any team from Canada, the US, and around the world.
If you’re ready to start betting on your favorite sports, check out any of the top 10 Canadian sportsbooks we reviewed in this guide. We especially recommend Powbet for first-time bettors since it offers a seamless betting experience, competitive odds, live betting, and a $150 welcome bonus.
FAQs
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Sergio Zammit
Sergio Zammit
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