Sports betting is constantly changing and evolving. For Canadian players who are new to sports betting, there are a few things you need to know. First of all, with online sports betting Canada wide, the priority for new and experienced bettors is to find a reputable sportsbook online.
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With a variety of sportsbook platforms available to Canadians, it can be tricky to figure out where to start.
In this guide, we will provide a breakdown of the online betting landscape in Canada, with focus on navigating online betting legally and successfully with legit operators.
Gambling has been part of Canada's history for many centuries. The earliest evidence of bet games dates back to the 15th century with playing cards. It is fair to say that sports betting would have flourished around significant sports events in Canada.
Horse racing betting has been a popular hobby in Canada since 1767, when the first big racing event occurred in Quebec City.
Unregulated gambling contributed to the introduction of laws to prevent illegal activities. In 1892, the Canadian Criminal Code was enacted to bring substantial restrictions to gambling activities. The Code allowed for pari-mutuel betting on horse racing.
The betting laws introduced by the Canadian Criminal Code progressed until they were finally ironed out by the 1970s. The government gave power to the provinces, letting them establish their own gambling laws to control the betting facilities at hand.
However, come the digital revolution, and Canadian bettors now have a plethora of online sites to choose from. As the major part of sports betting happens online, players familiar with processes in physical establishments require guidance to gamble safely.
It is impossible to think of Canada without thinking about hockey. Hockey is by far the most popular game to play in Canada, and that is what earns it the top rank as the most popular sport to bet on too.
Statistics for online sports betting in Canada show that bettors favor primarily:
Each of these sports and many others available on online sportsbooks is accessible through a variety of betting options. Canadian bettors will have a choice of placing a wager via:
Moneyline: This is the most common bet and the easiest to master. Bettors wager on an individual or a team to win.
Over/Under: This type of bet lets you wager on the outcome of a figure or a score in a specific game. A player can bet on a specific football match on Over 3 goals, which means the bet will pay out if the combined score of both teams is over 3 points.
Spread: Spread betting is a wager on who wins and with which value. To receive the bet payout, the team or individual has to reach the value determined by the wager, which could be a score.
Futures: This type of bet is placed on the outcome of a series event, such as a championship. You can place a futures at any point during the season BEFORE the end of the season.
Puckline: This wager is not based on the wins and losses but on goals scored. Beware; the puckline bet is typically -1.5 goals for the favorite and +1.5 for the underdog. The favorite must win by two goals, and the underdog can win or lose by one goal.
Prop bets: Proposition bets focus on the event and are not linked to its final outcome.
As of August 2021, the betting laws in Canada have changed in many ways.
Firstly, the Canadian government now allows single-game sports betting across Canada. Previously, gamblers needed to use parley bets or online sportsbooks. A parley bet requires multiple picks in a single wager.
You can also find them under different names:
Bet accumulators, combination bets, etc. The odds in each pick are combined and multiplied into your parlay odds, which show your potential payout when applied to your risk amount.
However, according to Bill C-218, provincial governments must determine who is authorized to offer sports betting, which sports are eligible for wagering, and the types of bets permitted.
Online sportsbooks were and remain a great way to bypass the parlay bet.
It is essential to differentiate federal laws and provincial regulations. Canada currently counts 9 territories with legal online sports betting, meaning that 4 territories have not legalized online sports betting.
Ontario and Alberta welcome third-party operators, while other provinces have not yet made any clear indication about it.
|Province & territories||Is online sports betting legal?||Is single-game sports betting legal?|
|Newfoundland and Labrador||yes||yes|
|Prince Edward Island||yes||yes|
Retail sportsbooks have enjoyed long popularity with the national PRO-Line betting. While the majority of bettors are moving to online sportsbook platforms, isolated regions have retained PRO-Line betting as the primary betting option.
We strongly recommend the following online sports betting sites for Canadian bettors:
With over two decades as one of the largest premium sportsbook providers, SportsInteraction has been a favorite of gamblers in Canada and abroad.
The online sports betting platform operates with a license by the Kahnawake Gaming Commission in Canada and a second license by the Jersey Commission in the UK.
SportsInteraction provides many secure payment channels, including credit cards and Interac e-Transfer. They do not have a cryptocurrency payment yet.
Its CFL partnership makes this online betting site a favorite, as bettors can benefit from exclusive odds, promotions, and betting lines specifically tailored to CFL partners. The operator is also the official sports betting partner for the NLL in Canada.
The most popular online betting platform in Canada, PowerPlay has a fantastic reputation for its vast range of betting options and its user-friendly interface. The operator counts almost 4 years under its belt and has applied for an Ontario license.
Bettors praise the 24/7 coverage of major sports events and the over 1,000s daily live betting options.
PowerPlay also knows how to make new bettors feel welcome with a generous first deposit bonus. It is one of the online sports betting operators that accept cryptocurrency deposits via Bitcoin, Ethereum, and Litecoin. Players can also choose to use credit and debit cards and banking transfers.
Bodog was first launched in 1994 and has since then built a reputation for being a trustworthy and reputable operator. Unlike the other operators, Bodog is an offshore casino that operates with a license by Antigua and Barbuda Financial Services Regulatory Commission. The Canada-accessible version of the site is bodog.eu.
Its easy-to-use betting interface makes it a preferred site for recreational and inexperienced gamblers. The operator is dedicated to bettors in Canada and emphasizes Canadian sports events. But players can also find international leagues in the sportsbook.
With the early cashout option, bettors can settle their bets before receiving the final results. Players can also request unique wager situations through social media.
Generous welcome packages with 100% match on deposit and up to $400 bonus win the approval of countless gamblers. Players can make a deposit via credit card, cryptocurrency, and bank transfer.
As gamblers look for the best online sports betting site available in their region, they may come across many different operators. Therefore, it is crucial to identify secure and legal betting sites in Canada.
We recommend researching the operator and checking their reviews before signing up with a new platform.
The three operators mentioned above have an easy registration system, allowing Canadian players to open an online betting account rapidly.
Some platforms include a generous welcome package, enabling gamblers to maximize their first deposit. The bonus can allow you to place further bets for free.
Legit offshore operators may not require to verify your identity when you register. However, online betting platforms aimed at the Canadian market need to validate members’ ID to create a profile.
Yes, online sports betting is legal in Canada with any platform operated with a valid license in its jurisdiction.
In Canada, you are likely to find three main types of odds: American (-500), Decimal (1.20), and Fractional (1/5). Most online betting sites in Canada let you select the type you are most familiar or comfortable with.
As a rule of thumb, bad sportsbooks are unregistered and can feel confusing to navigate. The user interface is often messy and poorly put together. In case of doubt, always play with a recommended operator.