Top 5 betting sites in Canada: Earning opportunities for bettors
One match sports betting became legal in Canada in June 2021, giving residents the opportunity to monetize their knowledge like never before. The Safe and Regulated Sports Betting Act also opens up a variety of betting options for Canadians, including player bets, futures bets, SGP,… In this article, Kingsoccertips.com will rank and review betting sites Canada, and take a look at the top sports betting sites for Canadians new to online betting.
A Brief History of Canada betting site
In 2021, betting on the outcomes of individual matches was officially legalized, marking the latest amendment to Canada online gambling laws. The Safe and Regulated Sports Betting Act, under Bill C-218, was passed by both the House of Commons and the Senate and received royal assent in June, encompassing single-event sports betting.
As a result, sports betting businesses are required to obtain separate licenses in each jurisdiction, granting each territory and province the authority to establish its own regulations for gambling on single events. On August 27, 2021, individuals in Canada gained access to single-event sports betting.
For you: kingsoccertips’s soccer tips will provide betting odds tips for the earliest matches tonight and tomorrow.
Top 5 online betting sites in Canada
1. Betway – Betting site Canada
Betway is our top sportsbook in Canada. Its most significant advantage is what it offers in terms of NHL betting, specifically with special offers and enhancements. For example, you can bet on player-specific prop bets, like Auston Mathews and William Nylander both scoring over 1 goal when the Maple Leafs face one of their many NHL opponents.
Another positive feature in Betway sportsbook is the robust Build a Bet tool, allowing highly customizable wagers. You can bet on Manchester United winning, Marcus Rashford scoring, and the match having over 1.5 total goals. Betway also offers a dedicated section for esports betting, providing users with various bet types on games like League of Legends, DOTA 2, VALORANT, Call of Duty, and Starcraft BroodWar. Users can access free esports live streaming and bet on everything from match winners to specific map victory modes. You can easily deposit and withdraw funds with Interac, and Betway offers daily matches for both NBA and soccer, as well as lacrosse.
2. Bet365 – Canadian betting sites
Bet365 offers the most comprehensive sports betting in Canada. The range of betting options users can choose from is extensive. What we particularly like is the weekly Same Game Parlay boosts for NHL and NBA betting. You can bet on enhanced parlay bets, such as the Maple Leafs, Oilers, and Canucks winning, with odds shifting from +528 to +626, potentially adding nearly $100 to your winnings.
Another standout aspect of Bet365 sportsbook is the consistent value of the odds. We often use the odds provided by Bet365 as our value benchmark. For instance, in most cases, they charge a minimum of 3% on their profit for soccer betting, which is highly valuable compared to Betway. Along with these excellent odds come numerous available bets beyond count. You can bet on everything from match winners to the time of the first goal in a lacrosse game, for example.
3. GTBets – Best sports betting sites Canada
GTBets offers a wide variety of sports to bet on, including major sports like basketball, soccer, baseball, lacrosse, and many others. In addition to sports, GTBets also provides table games, casino slots, and live dealer games.
One of GTBets’ most attractive features is the welcome package, including your first two deposits at the casino. The sportsbook matches your first deposit 100% up to $500 CAD, doubling your deposit. Furthermore, your second deposit is matched 50% up to $250 CAD.
GTBets’ customer support is top-notch. Their dedicated support team is available 24/7 via live chat and phone to help you with any issues.
4. MyBookie – Best betting sites Canada
MyBookie offers a generous welcome bonus of up to $1,000 CAD to all new registrants when making their initial deposit. To qualify, you need to deposit a minimum of C$50. This is a limited-time offer, so you’ll need to act quickly. In addition to the sports betting bonus, MyBookie also provides several other promotions, including cash bonuses, casino bonuses, and reload bonuses for both sports and casino games. They also offer weekly casino bonuses and referral bonuses.
MyBookie is known for its fast payouts. All payments are processed within 48 hours, and withdrawals can be made using popular payment methods like Mastercard, Visa, and Bitcoin. If you have any payment or betting-related questions, you can contact the customer support team through live chat, phone, or email. The support team is available 24/7 to address your inquiries.
5. EveryGame – Online betting sites Canada
Everygame is an online sports betting platform that offers a wide range of sports markets for bettors in Canada. Among the most popular sports on the betting site are tennis, soccer, basketball, golf, and ice hockey. Furthermore, this betting site provides Canadians with their favorite sports like football, basketball, baseball, UFC/boxing, as well as suitable sports such as cricket, darts, motor racing, Aussie rules, table tennis, snooker, horse racing, volleyball, and even esports. Some non-sports options include stock markets.
Although Everygame doesn’t offer the largest welcome bonus, it matches your first three deposits on the website up to $50 CAD each. This gives you a total bonus of $150 CAD.
The online sportsbook supports various payment methods, including Mastercard, Visa, ecoPayz, Neteller, bank wire transfers, Ukash, Skrill, and paysafecard, as well as cryptocurrencies like Bitcoin, Litecoin, and Bitcoin Cash.
Currently, you can only reach Everygame customer support through live chat or email. However, the betting website provides different email addresses for various inquiries, ensuring that your issue gets directed to the right department and resolved as quickly as possible. Just make sure to use the correct email address as provided on the website.
FAQs about top betting sites Canada
Is sports betting legal in Canada?
Yes, online sports betting in Canada is entirely legal. Betting on offshore online sportsbooks is also legal. However, there are certain protections that you won’t have when using foreign websites.
Can I use international sportsbooks in Canada?
Yes, in fact, there are several advantages to betting with international sportsbooks. For instance, international sportsbooks often offer larger welcome bonuses to attract bettors from around the world.
Do I need to pay taxes on my sports betting winnings in Canada?
No, unless you are a professional bettor or gambler, you won’t need to pay taxes on your sports betting winnings. However, if you are a full-time sports bettor, you will need to pay taxes, and if you travel to the United States and win there, you will also be subject to taxation.
How fast do Canadian sports betting websites pay out?
The payout times vary depending on the sportsbook and the chosen withdrawal method. However, to receive the fastest payout, opt for cryptocurrencies or e-wallets as they tend to process within 24 hours.
Is online sports betting in Canada safe?
Yes, as long as you bet on a reputable and regulated sportsbook. While our platform provides you with various sports betting options, if you choose to look elsewhere, you might encounter sports betting operations that do not adhere to the standards of these websites. This can lead to potential issues down the road.
Conclude
Thus, it can be seen that the Canadian betting site plays an important role in providing fun and challenge to sports lovers and gambling entertainment. With its safety, security, and variety in selection of games, it has become the ideal destination for those looking for the best betting experience. Regardless of whether you are a beginner or a veteran gambling professional, betting sites Canada has created an exciting environment for you to experiment and showcase your talent. Don’t miss the opportunity to get involved and feel the excitement of online betting on one of the top sites in Canada. I wish you every success!
See also: Top 5 best betting sites in Kenya most trusted today