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Best Sports Betting Casinos Canada

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Ross Young is our talented wordsmith, bringing his sharp insights to CasinoFinder all the way from his home in Uganda, set between two stunning National Parks. Starting out with NGO work, Ross found his passion in writing, and now delivers honest, engaging content that helps Canadian players make the best gaming choices.
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Latest Update:
Nov 20, 2024, 1:12 pm
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Looking to place a sports bet but not sure which sportsbook to choose for betting on Ice Hockey, Canadian Football, Soccer, or other sports? Don’t worry! Explore our extensive list of online casinos offering the best sports betting options in Canada, designed to suit all your sports wagering needs.

Online Sports Betting Casinos in Canada

01
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Treasure Spins

130% up to 500 CAD

4.3/5

T&Cs Apply

  • Pirate-themed casino
  • Multiple payment options
  • Multiple payment iGaming providers
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  • Ethereum-Crypto
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Payout Speed 1-2 business days

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Boomerang Casino

500 CAD + 200 Free Spins

4.7/5

T&Cs Apply

  • Choosing welcome bonus
  • Well organized casino
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Payout Speed 3 hours

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Mr. Pacho

750 CAD + 200 Free Spins

4.7/5

T&Cs Apply

  • Interac deposits
  • Casino & Sportsbook
  • Good promotions
  • Visa
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Payout Speed 3 hours

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Lalabet

1000 CAD + 150 Free Spins

4.2/5

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  • 15% rakeback
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Payout Speed 30 minutes

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Bet99

1000 CAD

4.3/5

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  • Lots of betting options
  • Good mobile app
  • Has official NFL data
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Payout Speed 1 day

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1Red

15,450 CAD + 100 Free Spins

4.5/5

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  • Sportsbook
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Betsamigo Casino

275 CAD

4.6/5

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  • Great Sportsbook
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Payout Speed 1-2 business days

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Mr. Bet Casino

2250 CAD

4.3/5

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Payout Speed 1-2 business days

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N1Bet Casino

10,000 CAD + 200 free spins

4.2/5

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Payout Speed Instant

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Mr.Play Casino

200 CAD + 100 Spins

3.7/5

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  • Broad range of casino games
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  • Sportsbook with competitive odds
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Payout Speed 1-3 business days

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Discover the top betting sites for each sport

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Popular Sports for Betting in Canada

Now, let’s check out the most popular sports for betting.

  • Hockey

    Ice hockey betting in Canada offers excitement with a range of wagers, including moneyline, puck line, and prop bets on events like the first goal or overtime. The Toronto Maple Leafs and Montreal Canadiens are top choices for bettors, with fans closely following their games. Competing in the NHL alongside U.S. teams, the action peaks during the Stanley Cup Playoffs, with live betting enhancing the intensity and in-game opportunities.
  • Football

    In Canadian football betting, both the NFL and CFL offer distinct experiences. While the NFL draws larger betting pools due to its global popularity, the CFL offers opportunities for those familiar with its unique rules and gameplay. The wider field, three downs, and different scoring strategies in the CFL demand distinct betting strategies. For example, totals (over/under) betting can be more unpredictable in the CFL due to its higher-scoring potential. Bettors who understand the nuances of CFL football, such as the greater likelihood of special teams scoring, can find advantages in a less saturated market.
  • Basketball

    Basketball betting, particularly on the NBA, has surged in popularity in Canada. The fast pace and high scores of NBA games provide endless opportunities for betting on point spreads, totals, and player props. The ability to bet on player performances—such as points scored, assists, and rebounds—adds layers of excitement to games. For bettors who follow the Toronto Raptors, Canada’s only NBA team, this loyalty can translate into informed bets based on in-depth knowledge of the team’s tendencies. Additionally, college basketball, particularly during March Madness, is gaining traction, with Canadian bettors showing increased interest in betting on NCAA tournaments.
  • Baseball

    Though not as widely popular in Canada as hockey, MLB betting is still significant, particularly among more strategic bettors. The lengthy baseball season offers value seekers plenty of opportunities, with common bets on the moneyline, run line, and over/under. The low-scoring nature of baseball games often means close odds, giving bettors who carefully analyze pitching matchups and team form a real chance to find profitable angles. The Toronto Blue Jays are a focal point for Canadian bettors, especially during playoff pushes, when fan enthusiasm ramps up betting activity.
  • Soccer

    Soccer betting in Canada has surged, with popular wagers on leagues like the Premier League, Champions League, and tournaments such as the World Cup. Bettors often place bets on moneylines, over 2.5 goals, both teams to score, and draw no bet. Interest in domestic soccer is rising due to the growth of MLS and Canada’s national team, providing more betting opportunities. Live betting adds further excitement for gamblers.
  • Horse Racing

    Master horse race betting with expert strategies and insights. Analyze crucial elements like horse form, track conditions, and jockey performance to make informed wagers. Bet on iconic races such as the Kentucky Derby or Royal Ascot and explore diverse betting markets while taking advantage of horse racing-specific bonuses and promotions.
  • Other Sports

    Beyond the big leagues, many Canadian bettors are branching out into other sports like tennis, golf, MMA, Formula 1, and even esports. Tennis betting is highly active, with moneyline and set betting offering frequent opportunities due to the individual nature of the sport. MMA betting thrives during major UFC events, with method of victory and round betting being popular. Formula 1 betting is also growing, with wagers on race winners and podium finishes. Esports, particularly games like League of Legends and CS, appeal to younger bettors familiar with these fast-paced competitions.
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Types of Sports Bets

Moneyline Bets

Moneyline bets are the simplest form of betting. You’re simply betting on which team or player will win the game or match. Each side has odds, with the favorite offering a lower payout and the underdog offering a higher one.

Point Spread Betting

Point spread betting is common in sports like football and basketball. The point spread gives an advantage to the underdog to make the bet more even. For example, a team favored by -3.5 needs to win by four points or more for you to win your bet, while an underdog with +7.5 can lose by up to seven points, and you’d still win. This type of bet keeps things interesting, even when one team is expected to win easily.

Over/Under (Totals)

In an over/under bet, you’re betting on the total combined points scored by both teams. The sportsbook sets a number, and you wager whether the final score will be over or under that number. For example, if the total is set at 48.5 in a football game, you’d bet on whether the teams will score more or less than 48.5 points combined.

Prop Bets

Prop bets are bets on specific things that happen during a game, rather than the final outcome. For example, you might bet on how many goals a player will score or which team will score first. These bets are fun and can be based on player performances or unique events in the game.

Futures Bets

Futures bets are long-term bets placed on things like who will win the championship or which player will win an MVP award. These bets are placed well in advance and can offer higher payouts because they are harder to predict.

Parlay Bets

A parlay bet combines multiple bets into one ticket. For example, you could bet on the outcome of three different games. To win a parlay, all your picks need to be correct. The more bets you add, the higher the potential payout, but the risk increases too.

Live/In-Play Betting

Live betting allows you to bet on games while they’re happening. The odds change as the game unfolds, so you have to make quick decisions. Live betting adds excitement because you can adjust your bets based on how the game is going.

The legal landscape of online betting on sports in Canada

Now lets have a look at the legal site of sports betting and what taxes are involved when you have a winning bet.

Single-Event Sports Betting Legalization

The landscape of sports betting in Canada changed drastically in 2021 with the passing of Bill C-218, which legalized single-event sports betting. This new law allowed bettors to place wagers on the outcome of a single game, a significant shift from the restrictive parlay-only system. The legalization aimed to bring sports betting into a regulated framework, reducing reliance on offshore sites and keeping revenue within Canadian borders.

Under the new regulations, each province was granted control over the regulation and operation of sports betting. For example, Ontario’s Alcohol and Gaming Commission of Ontario (AGCO) was tasked with regulating online sports betting within the province. This provincial control allows for the development of legal betting platforms tailored to local needs, enhancing consumer protection, and ensuring fairness.

Provincial Regulations

Each province in Canada regulates sports betting differently. In Ontario, for instance, OLG’s Proline+ is the government-run platform offering a wide variety of betting options, including single-event sports betting. British Columbia operates its own sports betting platform, PlayNow, while Quebec runs Mise-o-jeu, both offering expanded betting options post-legalization.

While all provinces allow single-event sports betting, there are differences in the user experience, available sports, odds, and additional features between provincial platforms. For example, Ontario’s Proline+ offers a broader range of markets, including live in-play betting, whereas other provinces may be more limited. Bettors in different provinces must navigate their local regulations to find the best options available to them.

Offshore Betting

Despite the legalization of single-event betting in Canada, offshore betting sites continue to play a significant role. These platforms, although not regulated by Canadian authorities, still attract many bettors due to their competitive odds, broader market selection, and often more enticing bonuses. Offshore sites such as Bet365 and Bodog remain popular choices among Canadian players.

Canadian players can access offshore sites easily, as there are no laws prohibiting individuals from using them. However, playing on these platforms may carry risks, as they are not subject to Canadian laws or protections.

Bettors should be cautious when choosing offshore sites and ensure that they are reputable and secure.

Taxes on Winnings

In Canada, non-professional sports bettors are generally not required to pay taxes on their winnings. As long as betting is considered a hobby and not a business, winnings are tax-free.

However, professional gamblers who rely on betting as a primary source of income may be subject to taxation. This distinction is important for bettors who engage in frequent, high-stakes betting, as the Canadian Revenue Agency (CRA) may consider their activity taxable.

Understanding the legal landscape of sports betting in Canada ensures bettors can make informed decisions about where and how they place their bets, while remaining within the bounds of the law.

Responsible Gambling and Sports Betting

  • Importance of Responsible Betting

    Responsible betting is essential to ensure that sports betting remains a fun and controlled activity. Problem gambling can lead to financial issues, relationship strain, and emotional distress, affecting both the individual and their loved ones. Knowing the risks and staying mindful of your habits is key.
  • Setting Limits

    To avoid overspending or spending too much time betting, it’s important to set limits. Establish daily, weekly, or monthly caps on both the time spent and the amount of money wagered. Most online sportsbooks offer tools to set these limits within your account, helping you stay in control.
  • Recognizing Problem Gambling

    Warning signs of problem gambling include betting beyond your means, chasing losses, neglecting responsibilities, or feeling anxious or restless when not betting. Recognizing these signs early can prevent further negative consequences. If you experience these symptoms, it may be time to seek help.
  • Resources for Help

    There are numerous organizations in Canada that offer support to those struggling with gambling issues. If you or someone you know needs assistance, contact the Gambling Support Line at 1-888-795-6111 or Gamblers Anonymous at 1-855-222-5542. These services offer confidential help and advice.
  • Self-Exclusion Options

    Many online betting platforms offer self-exclusion tools that allow you to block access to your account for a specified period. This option can be invaluable if you feel that your betting is becoming problematic. Take advantage of these features to help manage your gambling habits responsibly.

Future of Sports Betting in Canada

The future of sports betting in Canada is bright, thanks to new laws and growing technology. As the market grows, bettors and sportsbooks are getting more options and better experiences, making betting more exciting and personalized.

Technology and Sports Betting

Technology is driving the future of sports betting, with AI and big data improving odds accuracy and personalizing experiences, while live streaming allows real-time bets during games. This combination of live betting and instant data access is transforming how people bet, and future advancements are expected to bring smarter predictions and more immersive options.

Potential Challenges

One of the major challenges facing the sports betting industry in Canada is the regulatory differences between provinces. Each province regulates sports betting individually, creating inconsistencies in available platforms and rules. Harmonizing regulations across Canada could help create a more seamless experience for bettors. Additionally, ensuring strong protections against problem gambling and maintaining fair play standards will remain critical as the market grows.

Esports and New Sports Markets

Esports is a fast-growing market, with games like League of Legends and CS attracting younger bettors, offering competitive action similar to traditional sports. Virtual sports, such as virtual dog racing and virtual football, are also gaining popularity, providing constant betting opportunities with quick results. Both esports and virtual sports are reshaping the betting landscape, offering exciting alternatives to traditional events for tech-savvy bettors.

Conclusion

In conclusion, sports betting in Canada offers an exciting array of options across various sports, including hockey, football, soccer, and more. With the recent legalization of single-event betting, Canadian bettors now have access to regulated platforms, along with offshore options.

As technology continues to evolve, the future of sports betting looks promising, offering personalized and immersive experiences.

However, it’s important for bettors to remain responsible, setting limits and seeking help if needed, to ensure safe and enjoyable gaming.

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