Best Betting Sites Canada in 2023
Canada is one of the top 10 betting countries in the world in terms of betting revenue and money invested. According to some reports, more than 75% of Canadians have been involved in betting at least once in their life.
Betting is lucrative and risky at the same time. It depends on your knowledge, experience, and luck, of course. And one more thing that matters is the site you use for betting. Because all sites aren’t the same.
This is an article about the top 10 betting sites in Canada. First, you will learn how to choose a betting site. Then, we have a separate section about top betting sites, where we have compiled offers and promotions offered by these sites.
Keep reading to know which sites you can use to earn an excellent welcome bonus and fantastic promotions.
Top 8 Betting Sites in Canada
How to Choose a Betting Website Even If You Are a Beginner
Before diving into the betting world, you need to understand the dynamics of this industry. Different types of promotions exist, and this industry is more than just betting. You need to see which sites offer what features. And align them according to your requirements.
We compiled a small checklist for you so you can choose a better website, even if you are new to the industry.
Banking And Transaction Speeds
When searching for the best online betting site, one of the most crucial factors is its variety of deposit and withdrawal options. If there is only one option to deposit money into your gaming account on the website, which does not work for you, then you should save time with that website. The proverb “the more, the merrier” also applies to this situation. If you keep looking, you will find a website that caters to your requirements and features an easy-to-use payment mechanism.
Pick a bookmaker that allows you to wager on various sports and events. There should be options to bet on all of the most popular sports in Canada. The coverage of specialised events, which may include things like e-sports, politics, and lesser sports leagues, is one characteristic that sets apart the finest online sports betting services from others.
Instead of following the odds posted on other sites or posting odds entirely unfair to punters, an intelligent website will not hesitate to take a position on a market. It will post their odds as early as possible. You should also consider various betting alternatives, including live betting, cashing out, and streaming the event in real time.
It is essential to select a reliable sports betting website with a solid track record of keeping its customers’ information safe and secure. If you go to the company’s website, you should be able to find information about the licenses and regulatory organisations that govern the company’s operations.
Check that they have the appropriate authorisation to conduct business in Canada, and make sure that their website is secured to safeguard the confidentiality of your personal and financial information. Stick with the sports betting sites we recommend here on BYB to guarantee that your money will be kept safe and that the operator can be relied upon.
In the world of sports betting, the user experience is of the utmost importance, and you should look for a provider with an intuitive mobile app and website.
Look for a company with an uncomplicated sign-up procedure and a user-friendly site offering high-quality functionality. The website should have straightforward navigation and be simple to locate the contests or games on which you wish to place a wager.
Bonuses and promotions
You should take advantage of the deposit bonuses, especially if you wager for pleasure because these incentives provide you with more money on top of your deposit. At this stage, you should investigate the various sites that offer sports betting bonuses and select the one that provides the best overall deal every time. The offers are highly variable from one bookmaker to the next.
Additionally, some sites provide free bets together with other types of incentives. If you are interested in them, you should select a website that offers a variety of benefits, both for new users and those who have been using the site for some time.
Best Overall Betting Sites in Canada
Betway is often ranked as one of the best sportsbooks in the Canadian market. The most notable aspects are the accessibility, soccer, and esports opportunities.
Betway has just become subject to the oversight of the Alcohol and Gaming Commission of Ontario after obtaining a license in Ontario. It can now offer its services to residents of Ontario in a manner that complies with the law thanks to the acquisition of an iGO license.
This demonstrates that Betway Canada is a secure website that can be relied upon entirely. In addition, they indicate that Betway intends to stay current with local rules and provide a fair gambling system.
Safeguarding customers’ information is a priority for the organisation. This money is kept in a location separate from the firm’s funds and protected if the company goes bankrupt.
Betway’s online betting interface is simple to navigate, particularly if a player has become a frequent customer and gained some familiarity with the software. However, you might find some advertisements.
Sign up Offer
Those who sign up at Betway Canada can receive a bonus equal to the initial deposit amount, up to a maximum of $200. To be eligible, you must create a brand-new account and place a minimum deposit of ten dollars. The bonus money will be added to your account within twenty-four hours.
The bonus money has to be wagered ten times on sports bets with odds of 1.75 or higher each time before it can be withdrawn. Once the minimum number of required wagers has been completed, you can withdraw any profits.
You should take advantage of this fantastic chance to test out Betway Canada and get a head start on your betting. The wagering restrictions are not unreasonable, especially considering how generous the offer is.
Betway Canada should be on your short list of potential new online sportsbooks to try out if you want to expand your betting options.
Other Features and Promotions
Betway provides customers with a comprehensive choice of athletic events, markets, and odds that are among the most competitive in the industry.
Even though the odds for pre-game betting aren’t excellent, the in-play wagering system is one of the best on the market, and the updates happen quickly.
At Betway, Canadian bettors have access to various betting markets and methods, allowing them to place wagers on more than 70,000 live events annually.
Betway’s eSports section is one of the top categories overall since it offers customers a wide variety of betting options and odds that are among the most competitive in the industry.
On top of that, players can use one of the most advanced live streaming capabilities currently available, which can be viewed on a screen with a high-definition resolution or on their mobile devices.
The Betway app is receptive, quick, user-friendly, and has a clean design that smooths navigation. All of these qualities contribute to the app’s overall high quality.
In the gaming world, 888Sport is a well-known and respected brand name. The sportsbook has been around since 2008 and offers wagering options for players of various financial means. It does have something that will appeal to every individual.
The unique experience that 888sport provides its gamers is mainly responsible for the site’s surge in popularity over the past several years.
And along the way, several astute sports sponsorship arrangements have contributed to the appeal, such as the company having formerly served as the shirt sponsor for a team in the Spanish La Liga and English teams Nottingham Forest and Brentford.
At 888sport, customers have an astonishing number of sporting events to pick and choose from. The desktop and mobile experiences are on par with the offerings of some of the most reputable sportsbooks.
Players from all over the world can access 888sport thanks to its widespread availability. This sportsbook is completely regulated and licensed in several regions, including Ontario. Still, it operates in Canada’s “grey market” because it is not regulated.
Mobile players have a lot of options to choose from on 888sport. An app was developed just for this that can be easily downloaded from the Apple App Store or Google Play with the click of a button.
Sign up Offer
New customers who join and deposit $10 or more will receive a free bet worth $30 if they take advantage of this promotion. Create a brand-new account with a minimum deposit of ten dollars to be eligible for this offer.
Once your initial deposit has been confirmed, you will get a free bet worth $30 on any sports market. This free bet can be utilised immediately.
Because there are no wagering limitations associated with the free bet, you can immediately cash out any winnings resulting from using the free bet. This presents a fantastic chance for you to practice with 888sport and get a head start on your bets.
Additional information concerning the 888sport welcome offer can be found as follows:
New clients who have never had an account with 888sport are only eligible for the bonus. After the bonus has been added to your account, it will be active for one month.
Other Features and Promotions
At 888sport, players have the opportunity to place live bets on a variety of sporting events. If you are searching for a sportsbook that offers generous odds on games that have already begun, you should check out this one since they have fantastic odds on in-play betting and great odds overall.
The website, similar to many other leading sportsbooks, offers a variety of in-play betting options, including the opportunity to cash out during critical game times.
The “made for you” option on 888Sport is fascinating because it recommends a wide variety of wagers that are pretty tempting to the customer.
The made-for-you function becomes more intuitive the more you use it, and it begins listing bets that are closer to what you would have selected on your own as they become closer to what you would have bet if you had done it on your own.
It seems as though the “Made for You” section on 888’s website can cut through the noise on a specific page on this sportsbook’s website.
You’ll find money lines, totals, and point spreads on a standard page, but in the designed for you area, you’ll only see one bet type for each event and odds that you can add to your bet slip directly.
Bet365 is one of the most prominent gaming organisations in the world, and it provides one of the very best gambling services. You can access various sports, betting markets, and online casino games.
Not only does the operator run one of the largest sportsbooks in the world, but it also offers a wide selection of other alternatives, such as poker and live casino games. Bet365 is one of the most well-rounded operators in the industry.
Bet365 has its headquarters in the United Kingdom, operates in several countries, including Canada, and has aggressive expansion ambitions to become an even more dominant player in a highly competitive field. The breadth of betting options at Bet365 is demonstrated by the fact that approximately 35 different sports are available.
In addition, some marketplaces specialise in politics and frequent specials, providing even more choices. It is improbable that a user account with Bet365 needs help locating the desired wager on the site. Esports, which are experiencing a meteoric rise in popularity, are one of the more unconventional betting possibilities offered by Bet365.
Sign up Offer
Bet365 is one of the most well-known online sportsbooks in the world, and to entice new customers from Canada, the company provides a hefty sign-up bonus.
If you create a new account and make a qualifying deposit of at least ten dollars, you will be eligible to earn a bonus that is matched at a rate of 100%, up to a maximum of thirty dollars. This indicates that to play, you will be given an additional $30 in bonus funds if you deposit $30.
You must make your first wager within 30 days of signing up for the site to be eligible for the free money. The odds on your qualifying bet must be at least 1/2, equivalent to 1.50. Your bonus monies will be credited to your account once the wager that qualified for the bonus has been resolved.
Bet365 allows customers to use bonus monies to put wagers on any sports available through the site. There are no limitations on how the bonus monies can be used; however, they need to be wagered a minimum of once before any profits can be withdrawn from the account.
Other Features and Promotions
The many streaming options provided by Bet365 are among the company’s most notable qualities. It is important to note that a user’s location will affect the live streams accessible through their Bet365 account. On the other hand, the majority of the content that can be viewed on Bet365 consists of international soccer and several horse races.
At the Bet365 sportsbook, the odds typically offer a fair value for the money. Bet365 is a reliable option regardless of the sport or market being wagered on; in contrast, other betting services tend to provide better value for particular sports and markets than others. Because of this, many Bet365 users stick with the company rather than switching to one of its competitors.
Players may find exclusive options to wager on at Bet365, which helps this bookmaker separate from the competition. The Bet365 bet builder lets players design their accumulators by selecting various well-liked betting possibilities. The odds for the Bet365 builder are automatically computed, allowing sports fans to see the potential profit a bet could produce immediately.
Live betting is generally available at Bet365, and it is prevalent for sports such as basketball and hockey, where there is a great deal of interest in how the odds change during a significant event. Taking the case of football’s English Premier League as an example, more than one hundred live bets are typically available for each match.
One of the most well-known offshore betting sites is ComeOn. Since its inception in 2010, the sportsbook has grown to become one of the most popular destinations for bettors with real money who are interested in casinos and sports betting. Bets can be placed on various sports, such as football, basketball, ice hockey, tennis, baseball, golf, and soccer. The website also includes well-known marketplaces and odds that are comparable to others.
Punters also have the opportunity to take advantage of enticing advantages, such as a welcome offer, reload deals, cashback, tournaments, and so on. The sportsbook provides its customers round-the-clock access to customer service and various easy payment options. ComeOn is a sportsbook that, like most others, offers a diverse selection of sporting events on which to wager.
You can bet on various sports, including football, basketball, hockey, golf, baseball, tennis, racing, and even eSports. Additionally, the website offers popular markets, like money lines, point spreads, totals, props, futures, and more. You can place wagers on tournaments such as the NFL, NHL, MLB, ATP, and UCL.
Sign up Offer
ComeOn is a well-known online betting service that caters to new Canadian consumers by giving them a significant incentive when they sign up. If you create a new account and make a qualifying deposit of $25 or more, you will receive a free bet worth $25 when you meet the requirements. This indicates that you can place a wager of up to $25 without putting any of your own money at risk.
You must make your first wager within 30 days of signing up for the site to be eligible for the free money. Your qualifying wager must have odds of at least 1.80 to be considered. Your free bet will be awarded to your account as soon as the outcome of your qualifying wager has been determined.
You can use the free bet to place wagers on any of the sports that ComeOn has available. You can utilise the free bet any way you see fit, but you must make at least one wager before you can cash out any profits.
Other Features and Promotions
There is a ComeOn! The app is available for both iOS and Android devices. It does a decent job of imitating the layout of the desktop website, which is not necessarily a good thing. You can scroll down to view all available bets, while the most popular and live bets are presented at the top of the page.
The quality of the text and the logo on the app is also superior to that of the website. Because of the ComeOn! The app does not use face verification for login; you may find that after a period of inactivity, you must re-enter your credentials more than once.
The ComeOn sportsbook offers bonuses and special incentives for new, regular, and VIP players. The sign-up bonus is available to new customers. At the same time, existing members are eligible for a loyalty payback free bet on NBA losers, parlay bonuses of up to 20%, and a loyalty rewards program. In addition to that, the sportsbook provides daily odds enhancements.
LeoVegas is currently one of several betting sites and online casino providers in Ontario that are fully permitted under iGaming regulations. LeoVegas has been supplying these games to Canada from the so-called “grey market” for a long time.
The combination worked wonderfully since LeoVegas is a gaming firm headquartered in Sweden. MGM Resorts moved to acquire LeoVegas in 2022 to bolster its online gaming footprint and 50% investment in BetMGM.
LeoVegas was established in 2021 and has become known for its exceptional mobile betting experience. Bettors may utilise LeoVegas since it offers the greatest app available in Canada, the most popular combination bets, a convenient favourites feature, and odds that lead the market.
The desktop version of the sportsbook website has room for major improvement, and there may be a way to offer a single app that combines casino and sports betting.
Sign up Offer
LeoVegas is one of the most reputable online betting sites, and it extends a generous offer of welcome bonus play to all new players from Canada.
You are eligible for a 100% matched bonus of up to $1,000 when you create a new account and make a qualifying deposit of at least $10. This bonus can go as high as $1,000. This indicates that depositing $1,000 will get an additional $1,000 bonus monies for gambling purposes.
To be eligible for the bonus, you must first get your bonus cash and then make qualified sports bets thirty times within the first thirty days after obtaining your bonus funds. Once you have satisfied the wagering requirements, any bonus you have received will be changed into real money, and you can withdraw this money once it has been converted.
Only brand-new clients who have never registered an account with LeoVegas are eligible for the bonus. The bonus must be claimed during the first thirty days after signing up for the service.
Other Features and Promotions
Regarding the ‘big four’ sports and the primary betting markets, the odds margins offered by LeoVegas Ontario are reasonably competitive and hover around 5%. These changes would look like 1.91/1.91 and -110/-110 if the 2-way market odds were identical on both conceivable outcomes. LeoVegas uses margins of 6% for major soccer events, placing it in a category that is not among the most competitive.
LeoVegas Ontario can provide relatively strong coverage of esports events, especially compared to US brands that have joined the Ontario market with either nil or near zero coverage. This is a significant advantage.
You can find coverage of most esports events throughout the calendar at LeoVegas and a sizable selection of betting markets for each competition.
BetVictor is an independent sportsbook and online casino that has been around since 1946 and has a long and illustrious history. Throughout its history, the bookmaker has garnered a stellar reputation, and bettors in Canada can now access the bookmaker’s online betting platform.
BetVictor’s primary concentration is unquestionably in the United Kingdom. However, customers in Canada have access to a diverse choice of betting options on sports competitions from across the world.
In addition, the company has garnered a sizeable portion of the players’ approval by forming partnerships with several of the industry’s most well-known game suppliers, such as NetEnt, Microgaming, NextGen, Evolution, and others. This has enabled the company to offer its customers various games.
The numerous sponsorships and collaborations this company has had throughout its existence contribute to its brand’s credibility.
Sign up Offer
If you create a new account and make a qualifying deposit of at least $10, you will be eligible to earn a bonus that is matched at a rate of 100%, up to a maximum of five hundred dollars. This indicates that to play, you will be given an additional $500 in bonus funds if you deposit $500.
You must make your first wager within the first week after joining the site to be eligible for the free money. The odds on your qualifying wager need to be at least 1.75 to count. Your bonus monies will be credited to your account once the wager that qualified for the bonus has been resolved.
BetVictor allows customers to use bonus monies to place wagers on any sports for which the website provides odds. There are no limitations on how the bonus monies can be used; however, they need to be wagered a minimum of once before any profits can be withdrawn from the account.
The incentive may only be claimed within the first week after signing up for the service. Before any gains from bonus money can be cashed out, the bonus money has to be gambled at least once.
Other Features and Promotions
VIP Club: BetVictor has a VIP Club that rewards players with exclusive benefits, such as higher deposit limits, faster withdrawals, and access to special events. To join the VIP Club, players must earn points by placing bets. The more points a player earns, the higher their VIP level will be. Higher VIP levels come with more benefits.
Reload Bonus: BetVictor offers a weekly reload bonus, which gives players a percentage of their deposit back as bonus money. The reload bonus amount varies depending on the player’s VIP level. For example, a player with a VIP level 2 will receive a 10% reload bonus on their next deposit.
Free Bets: BetVictor often offers free bets to players, which can be used to place bets without risking your own money. Free bets are typically awarded for signing up for a new account, depositing, or referring a friend.
For example, a player who signs up for a new account with BetVictor will receive a free bet worth $20.
Since it opened its doors in 2012, Casumo has won many awards yearly, earning it a solid reputation within the gaming industry. In previous years, these have included the top honors in categories such as “Online Casino Operator,” “Mobile Operator,” and “Innovation.”
As soon as you enter the Casumo Canada website, you will become aware that everything is carried out in a manner exclusive to the casino. The layout is uncluttered and straightforward, making it easy for users to navigate the site and enjoy a positive user experience when looking for the Casino, Live Casino, or Sports areas.
At Casumo Casino, every customer’s banking needs are expertly handled. The system is designed to serve all the major markets and incorporates the online payment alternatives utilised most commonly in each market.
Players from Canada who like to make deposits have a variety of options available to them, including InstaDebit, EcoPayz, Visa, MasterCard, Maestro, Paysafecard, EntroPay, and iDebit, among others. When someone joins from the Great North, their account will have Canadian Dollars as their default currency because Canadian Dollars are a supported currency.
Casumo has one of the best sign-up offers available. It offers a 100% deposit bonus up to $500 and 75 bonus spins to be used on 9 Masks of Fire Hyperspins on the first deposit.
How to Claim: To claim your welcome offer, you must:
- Create a new account and deposit at least $10.
- Opt into the welcome bonus offer.
- Your bonus funds will be credited to your account immediately.
- You can use your bonus funds to play games on the Casumo website.
- Any winnings from your bonus funds will be subject to a 30x wagering requirement.
Wagering Requirements: The wagering requirement for the Casumo Betting Canada welcome offer is 30x. This means that you need to wager your bonus funds 30 times before you can withdraw any winnings.
Other Features and Promotions
The VIP program at Casumo awards devoted players with exceptional privileges and perks, including increased deposit and withdrawal limits, expedited processing of withdrawal requests, and invitations to exclusive events. Every time a player makes a wager, they are rewarded with points; these points can later be exchanged for various prizes.
Every week, Casumo provides its players with a reload bonus, which awards a percentage of the player’s previous deposit in the form of extra money. The reload bonus amount differs for each player based on the player’s VIP level.
Players are frequently allowed to take advantage of free spins, which allow them to participate in slot games without putting any of their funds at risk. When a player creates a new account, makes a deposit, or refers a friend, they are often rewarded with free spins on a slot machine.
Casumo provides cashback on certain losses, meaning you will get some of your money back if you lose money playing certain games. The amount of cashback a player receives changes according to the VIP level that the player has achieved. Players at Casumo can compete in various contests with the chance to win prizes, including cash, trips, and even cars.
Coolbet takes great satisfaction in being a trustworthy and open sportsbook that provides its customers with the industry’s most competitive odds. It is anticipated that Coolbet will continue to leave an impression on the betting landscape in Canada thanks to its modern appearance and many useful features. Even though Coolbet first went up in 2016, the site still exudes an air of novelty and innovation.
Their website is fresh air, and we enjoyed the commitment to transparency they displayed across their business. This sportsbook is right if you value reasonably priced odds, a great experience placing live bets, and other features.
This sportsbook has a lot of potential for improvement, particularly if it wants to cater its website to the market in Canada.
Coolbet, owned by GAN Limited, ceased on April 3, 2023. The 4th of April, 2022, marked the beginning of sports betting in Ontario. The business has yet to make plans to enter the sports betting markets in the United States.
Still, it will continue to operate in the grey market for sports betting in Canada outside of Ontario. In April 2017, Coolbet was one of the first operators to start in the Canadian province of Ontario.
The sportsbook partnered with various sports organisations, including Olympic medalist Andre De Grasse, who won six times. Despite having the advantage of being an early mover, Coolbet has likely been lost in the deluge of other sportsbook openings that have occurred since then.
Coolbet is a popular online betting site that offers a generous welcome offer for new Canadian customers. When you sign up for a new account and make a qualifying deposit of $10 or more, you will receive a 100% matched bonus of $200. If you deposit $200, you will receive an additional $200 in bonus funds to bet with.
To qualify for the bonus, you must place your first bet within 30 days of signing up. Your qualifying bet must have odds of at least -200. Once your qualifying bet has been settled, your bonus funds will be credited to your account.
The bonus funds can be used to place bets on any sports Coolbet offers. There are no restrictions on using the bonus funds, but you must wager them at least six times (6x) with minimum odds of -200 before any winnings can be extracted.
Other Features and Promotions
Coolbet separates apart from the competition due to the extensive sports it covers. Currently, 31 sports are available for wagering, enough to keep any bettor busy. The great international and local leagues cover these sports in even greater depth. For instance, if you are interested in sports, you can place bets on the English Football League Championship, the Premier League, the UEFA Europa League, the Canadian Premier League, and so on.
The National Basketball Association (NBA), the European Basketball League (EuroLeague), and the Basketball Champions League are some of the major basketball competitions that this bookmaker can bet on. Curling, futsal, and trotting are some of the most out-of-the-ordinary sports that offer betting opportunities.
Coolbet asserts that it has “the best odds,” we are, for the most part, blown away by the selection it provides for sporting events. Coolbet’s odds on most games are satisfactory, and you can occasionally discover lower odds of approximately 2% to 3% on particular Matches. Placing a bet with actual money is an excellent way to cut costs and save money for yourself.
Before jumping onto any platform, do your research and make small bets. Remember, the offers and promotions keep changing from time to time. So, keep an eye on the news related to whatever site you are planning to use.