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The best betting sites offer competitive odds, deep markets, and fast payouts through crypto and Interac. You’ll even find some regular promos for games featuring teams like the Toronto Raptors and the Montreal Canadiens.
We’ve got the full lowdown on what the best betting apps offer. From the biggest bonuses to the best features, this is everything you need to give you the best shot at winning on gameday.
Top Betting Sites in Canada
Best Online Sportsbooks in Canada Reviewed
Each of the Canadian betting sites listed above has its own distinct features that make it a good option. But the three listed below are some of our absolute favourites.
ToonieBet – Best Betting Site for Live Streaming
ToonieBet has a little bit of everything. A simple user interface, 30+ sports, and best of all, live streaming on select events. Just toggle on the live streaming in the in-play betting area and you’ll see the available streams.
- The Perks – 100% welcome deal, 10% cashback bonus, parlay boosts up to 100%
- Coverage & Features – 30+ sports including niche sports like Kabadi and Padel
- Cashier – Card payments, Interac, eWallets, high cashout limit of $10,000
- Wild Card – Live streaming for events with in-play betting markets
- The Catch – No support for crypto
| Welcome Bonus | 100% Welcome Bonus up to $150 |
| Promo Code | N/A |
| Minimum Deposit | $30 |
| Wagering Requirement | 6x |
Rabona – Best Betting for Sport Coverage
You can pick from 40+ sports categories at Rabona which is way above industry standard. This includes esports and even Irish Gaelic football all of which have deep markets covering moneylines, props, and more.
- The Perks – 100% first deposit bonus, higher for crypto, huge reload offers up to $500
- Coverage & Features – Best coverage with deep markets on 40+ sports
- Cashier – Fast payouts through Interac and crypto, also supports cards, eWallets, and Jeton
- Wild Card – Bet Mentor feature that suggests bets based on your budget and desired win
- The Catch – Could have more live streams of big events
| Welcome Bonus | First Deposit Bonus of 100% up to $150 |
| Promo Code | N/A |
| Minimum Deposit | $30 |
| Wagering Requirement | 6x |
Vegas Hero – Best Betting Site for Promos
Vegas Hero offers just about everything you can imagine in its promo area. Reloads, odds boost, early payouts, parlay boosts of up to 100%, and a cashback deal on all losses.
- The Perks – $150 welcome offer, reloads up to $750, weekly challenges for rewards points
- Coverage & Features – Solid coverage of 25+ sports, rebet option for historical wagers
- Cashier – Support for crypto, cards, eWallets, and prepaid cards
- Wild Card – In-game stats and graphics for all live betting markets
- The Catch – No live streaming
| Welcome Bonus | First Deposit Bonus 100% up to CAD150 |
| Promo Code | N/A |
| Minimum Deposit | $30 |
| Wagering Requirement | 6x |
Is Canada Sports Betting Legal?
Sports betting is legal across Canada, but how it works depends on where you live. In 2021, Bill C-218 gave provinces and territories control over single-game wagering. Since then, a few regions now offer some form of betting through their lottery websites. Ontario is the exception with a fully open market that includes private online sportsbooks licensed by iGaming Ontario.
But there are other options. Offshore sportsbooks operate in a bit of a legal grey area. They are legally accessible but are not licensed locally. While they aren’t banned, they don’t fall under provincial regulations. This means that they can offer promos and banking options that aren’t allowed under local restrictions.
How We Rate & Review Canada Betting Sites
When you’re choosing the best sports betting sites, you want to know exactly what you’re signing up for. That’s where we come in. We’ve tested dozens of Canadian betting apps, placing wagers and cashing out at each and every one. Here’s what we focus on when reviewing sites.
Odds & Markets
We compare odds across several markets to ensure that odds and vig are competitive. We also check how early those odds are released for the biggest events, so you can grab some value before there’s a swing in prices based on betting activity.
When it comes to markets, we look beyond the moneylines. The best betting sites should have plenty of props markets as well as points spread, totals, and alternate lines.
Bonuses & Promotions
Huge offers are exciting but what about the rest? We don’t just look at the size of the bonus, we also check the fine print. You’ll know which bonuses are actually worth claiming and have clear and transparent terms and conditions. This means we check the rollover requirement and any time limits or restrictions on the offer.
We also like to see that a site has more than just your standard welcome deal. Odd boosts, free bets, specials for big events, and, of course, regular reload deals will push a site right up the list for us.
Payment Options
Getting your winnings out quickly is a great feeling but making deposits in a flash can be just as important. We make sure that all the deposit options available are secure and reliable while highlighting the fastest options.
We give extra marks if the sites offer options like Interac and crypto that offer low fees, fast payouts, and high limits on both deposits and withdrawals. Ideally, we want online sportsbooks with at least two great options covering all the bases.
Mobile Optimisation
We check all betting apps and sites to make sure that they work perfectly on any mobile device. That means checking markets and the betslip, and making sure that all features work seamlessly. We pay particular attention to the live betting and live streaming features.
We also double-check that all promos can be accessed on mobile and that deposits and wagers made on a mobile device qualify for the offer’s requirements.
Features
Great features can make all the difference when betting online. So we check the best betting sites for features like parlay builders, streaming, early cash-outs, and live betting.
We also compare features across betting apps, only recommending those that genuinely improve your experience with new tools and innovations.
Popular Sports on the Best Betting Sites
When you sign up with the best online sportsbooks in Canada, you’ll see some sports that always pull in the most action. These are the local favourites that are deeply tied to Canadian sports culture. Let’s take a look at the most common:
Hockey
No surprise here—hockey is the top sport on all Canadian betting apps. Whether it’s wagering on the NHL, international tournaments, or local leagues, hockey markets are always packed with moneyline, puck line, and prop bets.
CFL/NFL
The CFL is a uniquely Canadian option, with the Grey Cup being the highlight of the year. You’ll find lots of markets on regular season games props bets for individual player stats. Unsurprisingly, online sportsbooks also offer deep market coverage of college football and NFL games in the US.
Basketball
Basketball betting has soared in popularity, especially since the Toronto Raptors’ NBA championship win in 2019. Expect betting lines for NBA, NCAA March Madness, and even international competitions.
Baseball
It’s been three decades since they last won the World Series but Canada’s only MLB franchise, the Toronto Blue Jays, still pulls in plenty of action at the best betting sites. From moneylines to over/unders and futures on playoff runs, it’s all covered.
Soccer
Soccer in Canada has been boosted by players making their mark in Europe and Canada’s growing success on the international stage. That’s before we even think about the upcoming World Cup. Betting apps in Canada feature major leagues like the EPL, La Liga, and Champions League, alongside MLS and domestic competitions.
Payment Methods at the Best Sports Betting Sites
Canadian betting apps offer plenty of options for getting your cash in and out of your account. But as you may have guessed, each option has pros and cons. Here’s what you need to know about the most common banking methods.
Debit & Credit Cards
Debit and credit cards like Visa and Mastercard are widely accepted. They let you fund your account instantly and everyone knows how to use them. The one major drawback is that withdrawals are not usually available and if they are, they tend to be super slow.
Interac e-Transfer
We all know Interac. It’s the most popular option for online payments because it’s fast, secure, and works directly with your bank. Deposits are almost instant, and withdrawals are pretty quick too. The only downside is that there may be lower limits on deposits and withdrawals at some betting sites.
eWallets (PayPal, Skrill, Neteller)
eWallets are a great go-between, allowing you to keep your banking details private. They are pretty quick, as both deposits and withdrawals can be very fast. The drawbacks are that not every Canadian betting site supports PayPal, and fees from Skrill or Neteller can eat into your winnings.
Cryptocurrencies
Cryptocurrencies are growing in popularity thanks to lightning-fast deposits and withdrawals. They also have very low fees and offer complete privacy. The only slight drawback is that there may be a bit of a learning curve if you’re new to crypto.
| Method | Deposit Time | Payout Speed | Fees |
|---|---|---|---|
| Crypto | Instant | 0-2 hours | Very Low |
| Interac | Minutes | 1-2 days | Low |
| Cards | Instant | 2-5 days | Medium |
| eWallets | Instant | 6-24 hours | Low/Medium |
Wagers at Canada Betting Sites
The best betting sites don’t just let you back your favourite team to win, they also offer plenty of other wager types. Each bet works differently to your regular moneyline, so it’s good to know a little more about them before building your wager.
Here are some of the most popular markets and how they work.
Moneyline
The most popular and easiest-to-make bet. All you need to do is pick which team or player will win. The odds are set as + for the underdog and – for the favorite.
For example, the Toronto Maple Leafs are -150 favourites against the Ottawa Senators at +130. In this case, a $100 bet on Ottawa would return $230 (your bet + $130 in winnings) if they pulled off the upset.
Point Spread
Spread betting evens the playing field by giving the underdog a bit of a head start. The favourite must win by a set margin to ‘make the spread’.
If the Raptors are -5.5 favourites against the Knicks, they must win by six or more points for your bet to cash. If the Knicks lose by anything under six points, then you’re out of luck, even if the Raptors win the game.
Totals (Over/Under)
Here, you’re betting on the combined score of both teams. It’s pretty simple and great if you have no skin in the game, or in other words, you don’t care who wins.
If the Blue Jays @ Yankees game has a total set at 8.5 runs, betting the “Over” means you need at least nine runs scored.
Parlays
Parlays let you combine multiple bets into one big wager for a higher payout. The catch? Every leg (wager) in the parlay must be accurate for you to cash out.
For instance, betting on a three-team parlay could give you combined odds of +600, higher than each individual bet. A $50 wager in this case would return $350 if all your picks hit. But like we said, miss just one, and you lose the entire wager.
Prop Bets
Prop bets are all about individual performances or specific events in the game. These don’t have to be tied to the final result at all.
For example, you could bet on Nick Suzuki to have two assists in a game. You could even bet on the next coach to get fired.
Bonuses at the Best Betting Sites
The best betting apps give you more than just great odds and deep markets. They also give you the chance to earn some site credit through bonuses and promos. Here are a few of the most popular to look out for.
Welcome Bonus
A welcome bonus rewards you when you make your first deposit right after you sign up. For example, deposit $200 and get a 100% match, giving you $400 to start betting. It’s the most common and often the biggest offer at a betting site and as you may have guessed, it only available for new sign ups.
Reload Bonus
Reload bonuses keep the rewards coming each time you top up your account. If you deposit $100 and the site offers a 25% reload, you’ll get an extra $25 added to your balance. Great if you bet on the regular.
Free Bets
Free bets are exactly what they sound like. They let you place a bet without risking your own cash. For instance, you might get a $20 free bet that can be used on any market with minimum odds of +200. If the bet is a good one you keep all the winnings.
Odds Boosts
These promotions give you better odds and higher payout on certain markets. This could see odds jump by 100 points or more.
Let’s say a standard bet is priced at +200 but boosted to +300. That means that a $50 bet would see any potential winnings jump from $100 profit to $150.
Parlay Insurance
Parlay insurance is a simple offer that protects your bet if just one leg loses. This is ideal for big parlays with a lot of legs.
Say you place a 5-leg parlay and hit 4 out of 5. With parlay insurance, the site could refund your stake (often as a free bet) so you’re not left empty-handed.
Canadian Betting Sites Compared
Take a look at our snapshot of the top betting sites in Canada and what they offer.
| Site | Sports | Payout Speed | Live Streaming |
|---|---|---|---|
| ToonieBet | 30+ | 12-36 hours | Yes |
| Rabona | 40+ | 12-36 hours | Yes |
| Vegas Hero | 25+ | 0-36 hours | No |
| TikiTaka | 25+ | 0-36 hours | No |
| FunBet | 25+ | 0-36 hours | No |
| BassBet | 25+ | 0-36 hours | No |
| BankOnBet | 40+ | 0-36 hours | No |
| BigClash | 25+ | 0-36 hours | No |
Are Canadian Betting Sites Safe?
Yes, betting sites in Canada are safe once you stick to licensed and regulated sites like those listed on this page. All operators licensed by reputable authorities must follow strict rules on customer protections and fairness of games.
Remember that it’s not just about the site being safe but your own habits too. Best to have strong and unique passwords and perhaps even two-factor authentication if available.
Responsible Gambling at the Best Betting Sites
It goes without saying that betting is all about fun. And the best Canadian betting sites help you keep it fun by encouraging responsible gambling. Many offer tools like deposit limits, session reminders, and timeout options to help you manage your play and budget.
Best Betting Sites FAQs
Picking the best betting sites in Canada is all about how you want to bet. If you’re after great promos then TikiTaka and VegasHero are great options. If you’re after the complete package then no site tops ToonieBet.
Yes. Single-event sports betting became legal in Canada in 2021. Ontario has its own regulated market which launched in 2022. Betting in other provinces often is through provincial lotteries and offshore sites.
Absolutely. All the betting sites we recommend offer welcome bonuses and reloads. You might also find some free bets, and odds boosts for specific events. One thing we will say though is to always check the terms and conditions first.
Generally speaking, no. Gambling winnings in Canada aren’t taxed unless betting is your primary source of income or you’re a professional gambler.
References
Single event betting become legal in Canada (CBC)
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