Sports betting is a pastime with a rich history, and even though the activity has been heavily regulated in Canada, and completely banned for decades, this form of gambling is still very much alive, now more than ever before! With the rise of online betting sites, players can enjoy a practically infinite selection of betting options on sports events and other competitions taking place across the globe. But which are the best online betting sites for Canadian players, and how do you go about deciding which sites are fair and legal?
In this article, CanadaCasino will provide a handy overview of the opportunities available when it comes to online sports betting from Canada. We’ll also teach you how to identify the best online betting sites by considering factors such as player safety, betting odds, bonuses, promotions and rewards.
All forms of gambling in Canada are regulated by the Government and the provinces, including sports betting. Unfortunately, the latter is also highly restricted. The Criminal Code currently stipulates that bets on a single “sports event or athletic contests” are illegal, and sports betting operators are only authorized to accept bets on the outcome of multiple matches.
This limits the betting options considerably and is leading thousands of gamblers to bet with online betting sites located overseas, which offer many more markets and better odds.
While betting is regulated by each individual province in Canada, betting with online betting sites located offshore remains a grey area. For this reason, at the moment there is no law preventing Canadians from betting online, even with online sports betting sites located overseas. In fact, the latter present the biggest opportunities!
Online betting sites offer higher payouts and an unprecedented range of betting options which you don’t find at local sports betting retailers. You can bet on individual matches, as well as on different events that may take place during a game. These are called betting markets, and for football would involve things like first goalscorer, total goals or red cards.
Apart from being able to place pre-match bets on a selection of sports and markets, at the best betting sites you will also be able to participate in live betting. This is also known as in-play betting, and involves placing bets on various outcomes while a match is taking place. During in-play betting, the odds on offer may change according to what happens during the game, and bettors will be able to take advantage of this by securing the odds that will give them the biggest profit if they were to win.
There are several factors that can help you decide whether a betting site is worth joining. First of all, there is the question of safety. Like any other gambling site, online sportsbooks need to ensure that they offer fair odds and that they protect players’ personal and financial data. Those sites that are licensed and regulated by a gambling body are more likely to bring you peace of mind in this regard.
Although there is no license that a betting site needs to acquire to cater to Canadian players, the sites we recommend on CanadaCasino are licensed by authorities in different countries that take gambling very seriously, including the UK Gambling Commission. For this reason, they have to comply with very high standards with regard to responsible gambling. Canadians who join such sites will obviously partake of the benefits.
Apart from player protection and security, there are other things you should take into consideration before joining a betting site if you’d like your gambling experience to be a rewarding one. We’ve listed these below for your convenience:
Apart from the above, the best online betting sites also try to stand out by enhancing their sportsbook product with additional features. These may include free live streaming or live commentaries of important events, match visualization for live betting, and a cash out feature enabling you to cash part of the profits out before a match is over and the outcome changes.
Nowadays, it’s also become very important for online betting sites to have their own sportsbook app for both iOS and Android devices, allowing customers to place their bets easily on mobile without missing out on the most useful desktop features. Players should be able to deposit and withdraw via their mobile, and to locate their favorite sports and the odds on offer as easily as they would on desktop.
The best online betting sites that cater to Canadian players will also welcome new customers with a deposit bonus. This may involve a percentage of your first deposit given to you as a free bet, a cash back bonus on your losses, or some other kind of bonus you can use on the site’s betting product. William Hill sportsbook, for example, will offer Canadians a 100% bonus if they bet $100 or more, which they can use in order to be on various markets for free.
Unfortunately, most bonuses are subject to strict requirements or limitations; to mention just one common scenario, some free bet bonuses can only be used on Accumulator Bets (bets where you wager on the outcome of more than one event in the same betting slip), making it likelier for you to lose the free bet.
Here at CanadaCasino, we aim to help you find the best sportsbook bonuses, ones which are fair and truly rewarding. In this way, you can start your online betting journey with a nice little boost!
Now that we covered what it takes for a betting site to be worth joining, we thought we’d mention some of the best online betting sites on the market:
Betway offers markets on 30 different sports and events including soccer, winter sports, NFL, Hockey, Baseball and Handball, and is also famous for its extensive in-play betting product. The site claims to offer over 30,000 betting options at any one time, and welcomes new Canadian players with a $100 welcome bonus.
Bet365 is a big name in the online betting industry, and for good reason. With a huge variety of sports to bet on, a great live streaming feature and a top-notch mobile app! The Bet365 mobile app is packed with features and is extremely user-friendly! Bet365 also offers a welcome bonus of up to $200 in bet credits - not something you should miss out on!
William Hill is a British brand with a long history that offers a great range of betting markets, particularly on hockey, basketball, baseball and horse racing. New customers at William Hill Sports get a bonus of up to $100 that can be used on betting and can rest assured that they will be wagering with one of the most experienced and secure brands on the market!
Although it started out as an online casino, LeoVegas Sport is now a fully-fledged sportsbook that offers odds on multiple sports, and complements its offering with very cool promotions! The brand gives new players 100% up to $200 as a sign-up bonus, and also runs multiple offers involving weekly profit boosts, free bets and monthly cash prizes!
One thing you can do if you would like to win more from sports betting is to join some of the best brands on the market and keep comparing their odds and offers. Betting odds on the same event will vary slightly from one betting site to another, and your task (after you work out what the likeliest outcomes are), is to go for those odds that will offer you the biggest profit if you win your bet. This is why you should constantly compare odds across different online betting sites before you place a bet. What's more, it's always worth joining a loyalty program or bet club as a way of earning rewards in the long run. Now that online betting sites are catering to Canadian players, you have a lot to choose from - the trick is to use these opportunities to your advantage!
©Copyright 2021 canadacasino.ca - All rights reserved.