Are you one of those players looking to wager at the best betting sites in Canada? If you are here, count yourself lucky. The following are the best online Canadian betting sites worth your time and money:
Betway are known all over the globe when it comes to their sports betting prowess, and Canada is no exception. Betway is an experienced bookmaker known for offering plenty of international markets for players to bet in, and one of the best sports betting platforms, especially in Canada.
For Canadian players, this is especially true when it comes to wagering on popular sports leagues such as NFL, NHL, NBA, where this bookmaker offers amazing betting options. Betway Canada has in place a Free Bet Club in addition to Betway Canada Plus program. There’s a 100% offer up to $300 for new customers that join the site.
LeoVegas is a Swedish brand that offers sports betting services to Canadians. Though not the most well-known brands out there, trust us when we say that it will become one of them soon. While some know this brand when it comes to their casino platform, in 2016, they launched their own sportsbook that quickly became a popular option for players in several countries, Canada being one of them.
With probably the globe’s best mobile betting app, along with a great selection of markets to wager on, LeoVegas Canada are currently among the best options when it comes to online sports betting in Canada. Those that join the site stand to claim up to $75 in free bets.
A list of our top recommended sites in Canada could never be complete without the inclusion of bet365. The United Kingdom powerhouse is the best option for players when it comes to quality and volume. With some of the greatest range of events and available bets, along with leading in-play features and markets, there’s not much to beef about at bet365 Canada.
Some players might be turned off by bet365 somewhat bland color design and scheme. But this is a matter of habit, and the moment you get used to the interface, you’ll find everything running smoothly. Bet365 offers 100% up to $200 in Bet Credits for those that sign up with them.
Power Play is another top Canadian online sports betting sites that home to plenty of betting enthusiasts across Canada. This bookmaker has cemented itself as one of the leading online bookmakers that accept Canadian players for plenty of reasons. Though not old across the Canadian sports betting industry, this bookmaker is home to many betting enthusiasts in Canada.
Power Play provides a seemingly endless range of sports betting markets, along with some of the most competitive odds around. They run one of the best customer care support department that bettors can contact in three efficient ways. Players can fund their accounts and withdraw their winnings using several safe and convenient options at Power Play Canada.
Bodog is another best sports betting site that many Canadians identify with lately. They are known for offering one of the best mobile betting experiences to their customers. They provide an amazing number of competitive lines to their customers as well as a variety of unique prop wagering options.
Quality customer support along with secure banking system is another reason as to why Bodog is gaining massive popularity in Canada. Bodog has some of the best odds, fair terms and conditions, and some of the best promos and contests that their customers stand to enjoy.
The sports betting section at Bodog Canada is impressive, and there’s a wide range of sports covered, not forgetting that you can find live coverage too. Whether you are in the market for football or horse race betting, Bodog Canada has got you covered.
Is sports betting legal in Canada?
Single-game sport betting is set to become legal in Canada. This is after the Senate cleared Bill C-218, also known as the Safe and Regulated Sports Betting Act. The passing of the Bill is set to attract plenty of operators to the sports betting industry in Canada.
While betting on sports is wildly popular in Canada, wagering on single-game had remained illegal for long. But with the passing of the C-218 Bill, Canadian lawmakers took action in a bid to expand sports betting in the country, allowing single-game wagers.
The C-218 Bill received royal assent to become an official act as of June 30 2022 and now awaits an effective date yet to be determined by Canada’s Prime Minister Justin Trudeau.
How to Choose a Betting Site in Canada
Choosing a sports betting site in Canada can be a tough decision. If you search for online sports betting sites in Canada, you’ll find plenty of them, most of which will entice you with free money offers upon sign up. You don’t need to rush into this process since there are plenty of factors that you need to consider.
Since these is not a promotional article, we’ll tell you briefly, what you need to consider when choosing a sports betting site. First, look at their game selection and betting markets. Are they plenty or limited? Go for sites with plenty of betting markets and bet types. Next, consider the available payment options. They need to be many and convenient for you.
How many contact options does a betting site of your choice has to reach their support reps? They need to be more than two, so that you use one that you find convenient. Player security also matters. Does a site of your choice employ latest security measures to protect your personal and financial information? You need to join a site where your information is safe at all times.
Lastly, you need to look at important aspects such as the legality of the site, availability of live betting and live streaming services, the odds on offer, and the availability of cashout. If possible, join a site that offers you tipping guides and some of the best bonuses and promotions.
Payment methods for bets
The most fun part of sports betting is finding and wagering winning bets, then seeing your cash balance go up. But before that becomes possible, you need to load your betting account with funds. Also, you’d want to use some of the most convenient payment method possible.
Top betting sites in Canada –such as the ones we’ve listed above- allow their customers to deposit using several safe and convenient methods. To pay or fund your account before betting in Canada, you can use the following payment options:
- Wire Transfer
Do I Need to pay tax on winnings?
The general rule on matters to do with legal gambling winnings and taxes in Canada is very simple. Unless you happen to be a professional gambler, you don’t have to pay taxes on your winnings from gambling. This rule applies to winnings you win in Canada, and gambling winnings that you win outside of the country (either using a local online betting site in Canada or wagering with offshore bookmakers).
The Government of Canada and Canada Revenue Agency don’t consider gambling to be a viable and constant source of income. In fact, gambling losses aren’t deducted on your income tax if you only wager for fun. But you are subject to tax winnings in Canada if you go ahead and invest your winnings and earn interest or some capital gains.
Blacklist of Canadian Betting Sites
Plenty of betting sites operate in Canada. Most of them claim to be the best in business, but that’s not the case. What follows is a blacklist of almost all bookmakers that you should avoid in Canada:
- Yo Bet It
From how old can you bet on sports in Canada?
As mentioned earlier, it depends on where you live in Canada. However, you have to be 19 years of age to be allowed to wager in many Canadian provinces, regions or cities. However, if you reside in Manitoba, Alberta, Calgary, Ottawa, Quebec, and Montreal, you can engage in sports betting if you are 18 years of age.
What is the tax rate on gambling winnings in Canada?
There aren’t any set tax rates on gambling winnings in Canada. Tax rate for professional gamblers is determined by several factors such as total losses, total income, and total taxes paid over the year.
How do you make money from gambling in Canada?
The answer to this question is simple – you get to win more money than you wager. However, you don’t need to treat sports betting as a reliable source of income.
Can I legally bet on sports in Canada?
You don’t have to worry when wagering on sports in Canada. With the passing of the C-218 Bill, you can wager on single game events, something that had remained largely illegal in Canada.
What is the legal age of betting in Canada?
It depends with the province that you reside. Most put 19 as the legal age of betting, though others such as Quebec and Ottawa requires a player to be 18 years of age in order to bet.
Does sports betting count as gambling in Canada?
Yes. Based on Canadian laws, online sports betting is considered legal in Canada.