Best Betting Sites in Canada

Sports Betting Regulation in Canada

Except for some minor changes, the law governing sports betting in Canada has remained pretty much the same since the 1892 Criminal Code enactment. The country is open to online sports betting sites, with each province having a say in what gets in or out. The only catch is that single-game sports betting events are prohibited in most Canadian provinces. Players aren't allowed to bet on singles at bookmakers in the country. So, sports bettors in the country can only make parlay and singles bets at online betting sites.

History of Sports Betting Regulation

There has never been a time in Canadian history when an individual has been prosecuted for participating in any form of gambling, and a majority of the citizens have no issue with the activity. The country is certainly a haven for any gambling forms.

However, it wasn't all sunshine and roses because, in 1892, almost all forms of gambling were banned, leaving horse racing betting and midways at county fairs as the only surviving form of gambling and the legal way to do betting in the country. However, an amendment to the Canadian Criminal Code in 1969 changed many things in the Canadian betting landscape.

Much didn't change in sports betting because Canada sports betting market was limited to illegal bookies until the 1990s. Even though there was an allowance in the Canadian Criminal Code moving forward, providers in the Canadian sports betting markets, like Proline, were only allowed to provide betting in a lottery format. Therefore, single-game betting was prohibited.

By 1997, a lot had changed in the sports betting landscape with the creation of Sports Interaction in the Kahnawake Mohawk Territory. With the advent of betting online, the singles bet embargo wasn't an issue. Sports Interaction and other online sportsbooks are perfectly legal and can provide bettors with the chance to engage in single-game sports betting opportunities.

Current Status and Future Projections

Currently, Canadian bettors can join online betting sites and explore online sports betting opportunities. Most sports betting sites Canada players can join have an excellent run of sports wagers and sports betting options, ensuring that they mitigate the gap and lack land-based options. Not much has changed in recent times, and there has been massive growth in the country's sports betting market.

Even though players can bet on single events at an online sportsbook, there is still a push to make it completely legal for all bookmakers to provide this opportunity. The Bill C-290 was unfortunately never approved by the Senate. Bill C-221 also met the same doomed ending, leaving players only to be able to access this opportunity at online sportsbooks.

We expect there should be more push for a provincially regulated sports betting act that will allow players to place bets on single events. So there is a chance that a lot will change in the current status, allowing for a new age in the Canadian online betting landscape.

Key Facts & Stats About Betting in Canada

Popular Payment Methods for Canadian Betting Sites

Canadian betting sites have different payment methods you can consider. Choosing the right payment option will improve your betting experience. Therefore, you must know what options are available to you. In that case, we've highlighted some of the most popular payment method categories. Check them out and pick the one you like before betting online.

Credit/Debit Cards and Bank-Based Methods

Convenience is one of the most important factors to consider whenever you want to choose a suitable payment method to use. Therefore, credit/debit card payment methods are top-notch options you can consider. These payment methods have incredible features that will make your depositing process smooth. You can easily make direct deposits from your bank account and start your betting journey without hassle. All you need to do is find a betting site that allows players to complete transactions with this payment method and start using it. But ensure you choose a secure site because you'll need to provide your card details to complete transactions.

In addition to credit/debit card options, you can also use bank-based payment methods to complete transactions. In this case, you will need to connect directly to your bank account through a third-party service. A popular option among Canadian bettors is the iDebit payment method. You can use it to complete transactions and continue your betting process. It is easy to use and straightforward. Start your next journey with a suitable bank-based method. Ensure you check if there are bonuses you can claim when you want to use a particular payment method.

Cryptocurrencies

The cryptocurrency industry is growing, and more people are beginning to enter the fray for a chance to improve their betting experience. Cryptocurrencies might be a complex technology, but it does have some exciting features that make them worthwhile. You can always consider the various crypto options and join sports bettors who love using the payment method to deposit and withdraw. Take your time to find the right betting site that allows players to complete their transactions with this technology. As the crypto industry continues to expand, more crypto-based betting sites are entering the online betting industry, providing players with an avenue to play without restrictions.

Some popular crypto options you can consider include Ethereum, Bitcoin, Litecoin, Tron, USDT, USDC, etc. Pick the one you like and start using it for your next betting journey. Simply take the time to understand how the industry works so you don't have any issues getting started. You should also understand that the crypto market can be volatile. Therefore, be careful with how much you invest in the system. We recommend that you don't put all your money inside the digital currency so you don't risk losing everything when there is an issue. Aside from that, cryptocurrencies are worthwhile payment methods.

E-vouchers and Gift Cards

You can also use e-vouchers if you're looking for a different type of payment method. E-vouchers allow you to make a fixed deposit with your voucher card. You can only deposit the amount you purchase. Therefore, it is the perfect tool for players who want to control their betting spend and don't want to risk going beyond their budget. In that case, you should simply know how to get started with these payment methods. Fortunately, e-vouchers are easy to use. You can simply go online to find a suitable betting site that offers players the chance to use this payment method and purchase one from a verified vendor.

Some top-notch e-voucher providers you can consider include Paysafecard, Neosurf, Cashlib, etc. Pick one from the list and start using it to complete transactions. In addition to that, you can also use gift cards for your transactions. Simply purchase a suitable gift card and use the value to complete transactions. Consider the different gift cards your favorite betting site features. Then, you can use them to deposit. However, you should understand that gift cards and e-vouchers don't support withdrawals. You can only use them to deposit. So, you might want to look for another payment method to withdraw.

E-wallets

At online sports betting sites in Canada, you can use e-wallets as your preferred payment method. With these payment methods, you can easily deposit and withdraw money without stress. But you must understand how the services work. For most e-wallet options, you need to create an account, fund your wallet, and start using it. However, there are a few that have other services that might help your betting experience. In that case, you should always check the service you want to use so you don't have to worry about depositing or withdrawing online.

Take your time to find the right e-wallet option you want to use so you'll have an incredible betting opportunity. E-wallets come in different forms. Therefore, you must take the time to find the one that will be worthwhile for your journey. Consider different e-wallet payment methods before proceeding to use one to deposit or withdraw. Some popular options are Skrill, Neteller, and PayPal. Choose one and start your journey with them. Ensure you check if there are fees you must pay before you can complete transactions with the payment method you choose. That way, you can prepare properly.

Mobile Payment Methods

Players can also use mobile payment methods for a more convenient betting experience. Many online bookmakers in Canada allow players to use the Pay by Mobile payment option for a chance to complete transactions. In this case, you can easily use your mobile device to deposit into your newly created betting account. For instance, if you're an Apple mobile device user, you can use Apple Pay to deposit at a suitable betting platform. It works best when you can choose the right iPhone betting sites. That way, you won't have issues completing the process and starting your betting journey with your preferred payment method.

It is also possible to consider Pay by Phone Bill options. In most cases, you won't need an internet connection before you can complete the process. Choose the mobile payment method you want to use and select a suitable betting platform. Like Apple users, Android players can use Google Pay to complete transactions. Also, there are exciting features that come with using these payment methods. Players can always consider choosing the right one that will make their betting experience worthwhile. Take your time to check the payment method listed on the site you want to join and pick a mobile payment option. But note that you can't use this option to withdraw.

Most Popular Sports to Bet on in Canada

The table above shows some of the most trusted betting sites players in Canada can explore for their next betting journey. We've taken the time to evaluate and compare these sites with others to showcase how well they perform based on the various top-notch features they offer. In that case, when you pick one from these sites, you can expect to enjoy an incredible betting experience. Take your time to explore these sites and pick the one that fits your betting preference. You don't need to go through the rigorous process of finding a suitable betting site to join, and you can start playing for real money.

Conclusion

Canada is open to sports betting, and there are no restrictions to playing online or at offshore betting sites. However, players must use their discretion to find the right betting site that will improve their betting experience. You can always check out our list to pick the best Canadian betting platforms for a chance to win a substantial payout. Once you pick a suitable option, you can proceed to play for real money by creating an account, depositing, and placing bets on various predictions.