Monday, December 23, 2024

10 Best Sports Betting Sites in Canada [2024 Update]

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The best sports betting sites in Canada dish out competitive odds that are more accurate than a Milos Raonic ace and offer exciting bonuses to go with them.

Sites like Mystake even guarantee fast payouts and a horde of neat features that elevate your betting experience to the next level!

But Mystake is far from the only top sportsbook in the Great White North. For the rest of this review guide, we’ll analyze the top 10 Canadian betting sites and share some betting tips and tricks to help you score more wins.

Ready? Let’s dive in!

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Best Sports Betting Sites Canada

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Excited to learn more about the best sports betting sites Canada offers? Let’s take a closer look at what our top 5 picks have to offer!

1. Mystake – Best Sports Betting Site Canada Overall

Pros:

  • 100% up to C$500 welcome bonus



  • Bet on 25+ sports



  • Unlimited free bets



  • Early cashout tool



  • 8+ fast crypto banking options



  • Dedicated e-sports section

Cons:

  • Dark website theme might not be for everyone



  • No telephone support 

Mystake stands out as the best sports betting site in Canada right now. It offers the best odds on over 25 sports, unlimited free bets, and a wide range of betting markets.

You can also get started with a 100% matched deposit welcome bonus that’s worth C$500.

Online Sports Betting: 5/5

Your betting options at Mystake are endless, with this top-rated Canadian online sports betting site covering everything from the NHL to stock car racing and beyond.

It especially excels when it comes to major sporting events like the Olympics and the World Cup but every sport is covered superbly.

Alternative lines are available alongside the moneyline and spread bets, and you can also choose from a wide variety of props bets for all the top sports. Ultimately, there is very little that you can’t bet on here.

Bonuses and Promotions: 4.95/5

Join Mystake in Canada today, and you can opt-in to a 100% welcome bonus. This is a matched deposit offer worth up to C$500 in bonuses; the minimum deposit is just C$20.

Then, each time you place three bets on the spin at qualifying odds, Mystake will reward you with a free bet. This offer is unlimited, and the bonus amount is the average of your 3 previous stakes. 

A 35% reload bonus is available each week, and there are always bet boosts on major sporting events, while a VIP loyalty system entitles you to more rewards and perks.

Payment Methods: 5/5

Mystake’s selection of payment methods in Canada is pretty much the same as anywhere around the world, with the likes of VISA, MasterCard, Discover, Interac, ecoPayz, Skrill and Neteller all available.

Cryptocurrencies are also supported, and the minimum deposit and withdrawal are both set at around C$20 for most options.

Plus, you can cancel a withdrawal anytime within the first 24 hours. 

User Experience: 5/5

Mystake enhances the user experience with a series of betting tools, including an early cashout feature that lets you settle a bet before the outcome is decided. There’s also a sophisticated Bet Builder tool that you can use to build the same game parlays.

You can also join the Telegram and Discord groups and chat with other bettors, while live chat support is provided 24/7.

>> Grab your C$500 welcome bonus

2. TonyBet – Best Canadian Betting Site for Live Bets

Pros:

  • 100% up to C$350 sign-up bonus



  • Low welcome bonus rollover



  • Accurate in-play betting odds



  • Amazing mobile app



  • Thousands of daily betting markets



  • Daily odds boosts 

Cons: 

  • Supports fewer cryptocurrencies



  • Limited esports betting variety

TonyBet is the go-to Canadian online sportsbook for live betting. You can bet in play on over 20 sports and take advantage of accurate odds that are updated in real-time.

You can also opt-in to a 100% up to $350 welcome bonus, which can be used on live sports betting.

Online Sports Betting: 4.95/5

There’s always live sporting action at TonyBet, which offers sports betting markets on everything from Chinese soccer to Serbian basketball. There’s a massive choice of in-play markets, too, ranging from alternative totals to in-play props bets. Asian lines are available here, too.

What’s more, there’s an in-game graphic visualizer that accompanies most in-play events to keep you up-to-date with the action.

Pre-game betting is offered as well, with TonyBet covering the likes of the NFL, the NHL, the MLB, soccer, tennis and golf, along with niche sports and a couple of esports.

Bonuses and Promotions: 4.95/5

New customers can get a 100% welcome bonus worth up to C$350 at this online betting site. The minimum deposit for this is C$15, but you also need to place bets worth 5x your first deposit to unlock the winnings.

For example, if you deposit C$20, you must stake C$100 worth of bets.

Aside from the welcome offer, a “forecast” promo then gives you the chance to win up to C$1,500 worth of free bets by correctly guessing the outcome of specific sporting events.

Plus, entering the betting tournament means you can compete against other players and win more free bets.

And if you become a VIP, you could get up to C$8,000 in monthly bonuses.

Payment Methods: 4.95/5

TonyBet covers all the bases when it comes to popular payment methods that Canadian bettors will recognize. You can add funds to your account via credit and debit cards, e-wallets like Skrill and Neteller, Interac, Perfect Money, and Jeton.

For most methods, the minimum deposit is C$15, while the minimum withdrawal is just around C$10. A C$10,000 maximum deposit will certainly suit high rollers.

Bank card payouts are a tad on the slow side and take 1-3 business days. On the other hand, e-wallet withdrawals are typically processed within a few hours most of the time.

User Experience: 4.9/5

This online sportsbook welcomes all kinds of bettors, with the maximum daily win per player set at C$250,000.

The bar is also raised when it comes to an easy-to-navigate interface that’s clean and modern. An early cashout tool was recently added, while an odds booster is also available.

Live chat and email support are the best ways to contact the customer service team, but only live chat is 24/7.

>> Unlock your C$350 welcome bonus

3. PowerPlay – Most Competitive NHL Betting Odds of All CA Sportsbooks

Pros:

  • 100% up to C$500 welcome offer



  • Regular free bets on top sports



  • Competitive NHL odds and betting markets



  • Same day payouts 



  • Offers telephone support



  • Bet on 20+ sports

Cons: 

  • Website feels a little dated



  • No loyalty program 

PowerPlay eases its way into the third spot on our list of the best Canada sports betting sites. It’s the top pick for NHL odds, and all new players can get started with a C$500 welcome bonus.

Online Sports Betting: 4.9/5

If you like betting on the NHL, PowerPlay has got your back. From moneyline, puck line and totals odds to a wide range of NHL props bets like shots on goal, this online betting Canada site lets you get creative with Canada’s favourite sport.

You can also choose from an array of futures bets, including who will make the Stanley Cup finals.

In total, there are more than 20 sports to bet on at PowerPlay, including college sports, the NFL and soccer. 

Bonuses and Promotions: 4.9/5

PowerPlay is giving away a C$500 welcome bonus to new players. This offer comes with 12x wagering requirements and the minimum deposit is set at C$10. 

There’s no loyalty program here, which is a slight mark against the site since many of the best betting apps Canada offers have such a program.

However, free bet offers are plentiful here. For instance, if you bet C$100 on the Stanley Cup final, you’ll receive a C$25 bonus bet. You’ll also get a C$20 bonus bet if you place a C$100 live bet on college football — and this same deal is available on tennis, NFL and MLB markets.

Payment Methods: 4.9/5

There are a couple banking options supported at PowerPlay, including credit and debit cards, crypto, PaySafeCard, Ecopayz, MuchBetter, and Interac.

The minimum deposit is C$10 for most options, while the maximum deposit amount per transaction is C$5,000. The minimum withdrawal is also just C$10 for most options.

User Experience: 4.95/5

PowerPlay offers an ultra-sick UX that’s fortified by a clean user interface. An early cashout feature is available among the betting tools, although the addition of a Bet Builder would improve the experience even more.

Telephone support, email support and live chat are all 24/7, making PowerPlay one of the best online sportsbooks for customer service. 

>> Lock in your C$500 welcome bonus

4. GoldenBet – Best Bonuses of Any Canadian Sports Betting Site

Pros:

  • C$500 welcome bonus



  • Unlimited 10% daily cashback 



  • Early cashout is available



  • Handy bet builder tool



  • Thousands of betting markets every day

Cons:

  • Limited non-sport markets



  • No loyalty program 

Bonuses and promos help us all to stay in the game. At GoldenBet, you’ll be entitled to unlimited 10% daily cashback on your losses and a C$500 welcome bonus as a new player. 

Online Sports Betting: 4.8/5

From regular sports to virtual sports and esports, this Canadian online betting site aims to keep everyone satisfied. There’s a separate racebook for horse racing betting fans, and you can also bet on greyhounds here.

Coverage of worldwide leagues and competitions is excellent, too. Even better, GoldenBet releases early betting lines, giving you plenty of time to place your wager.

Niche sports include speedway, ski jumping and Gaelic football, which should give you some insights into the types of things you can bet on.

Bonuses and Promotions: 4.95/5

Goldenbet is our pick of the lot when it comes to bonus offers. New customers can enjoy a generous first sportsbook deposit bonus of 100% up to C$500, with a reasonable rollover requirement.

Then, you’ll qualify for 10% cashback every day of the week, provided you meet the minimum deposit and bet requirements.

And while GoldenBet was famed for offering a free bet anytime bettors placed 3x bets on the spin at qualifying odds, the offer was recently removed but could be featured once again in the future.

Payment Methods: 4.8/5

Only four regular payment methods are supported at GoldenBet — credit and debit cards, Interac, and AstroPay. Cryptocurrencies like Bitcoin are your other options. 

The minimum deposit is C$20 for all options, and the minimum withdrawal is also set at C$20. Weekly withdrawals are capped at C$7,500, and monthly withdrawals are capped at C$15,000. 

Payout times are pretty much the same for all methods except crypto, and you’ll probably be waiting between a couple of hours and 2 business days for your withdrawals to be processed.

User Experience: 4.7/5

We like the fact that you can view the day’s sporting action at a glance in the center of the homepage, including the most popular markets and odds. There’ll be times when you don’t even need to leave the homepage to pick out and place your bets.

There’s no mobile app available, but you can bet on sports on your mobile browser and your desktop device. While telephone support is missing, live chat is available 24/7. 

>> Unlock your C$500 sign-up bonus

5. BetOnline – Best Market Variety of Any Online Betting Site in Canada

Pros:

  • $250 free bet bonus



  • Offers same game parlays + a mega parlay feature 



  • Esports parlay power-ups available



  • 20+ payment options



  • 30+ sports available

Cons:

  • Some fiat options come with fees



  • Higher minimum deposit for bonus

Widely known as one of the best sites for online casino payouts, BetOnline also offers Canadians a stellar variety of sports betting options.

At BetOnline, you can place same game parlays and Mega Parlays. It’s a dream destination for those who prefer to avoid straight bets and rightfully lands in our top 5 on the list of the best sports betting sites in Canada.

Online Sports Betting: 4.85/5

BetOnline sets its own lines and excels at sports like the NFL, the NHL, and soccer. For these, you can place teasers and if bets, as well as same-game parlays. The only things missing are alternative lines.

Niche sports include wrestling, table tennis and surfing, with this online sportsbook also scoring highly when it comes to major sporting events like the Olympics.

Lines are released earlier than competitors, too.

Apart from sports betting, it also features various casino games – in fact, BetOnline is one of the best online casinos in Canada.

Bonuses and Promotions: 4.75/5

As a new user, make sure to use the promo code FREE250 to activate your welcome bonus. It is a $250 free bet bonus with 100 free spins!

Make sure to make a minimum deposit of at least $50 to activate this bonus.

You’ll also find a host of sports-specific bonuses here, including esports parlay power-ups. 

Payment Methods: 4.7/5

A slight grievance is that BetOnline offers the same payment methods to Canadians as it does to international bettors. This means you’ll find credit cards, debit cards, person-to-person, cashiers’ checks, and money orders — but no Interac.

It’s also a tad disappointing that you can use credit and debit cards to make deposits but not withdrawals.

On the other hand, same-day payouts are available for most options. The minimum withdrawal, however, is as high as C$50 for Person to Person and C$500 for money orders and bank wire transfers.

User Experience: 4.7/5

BetOnline has a unique re-bet feature that lets you place the same bet twice once the odds have altered. This will come in useful when you want to place a large stake but your stake has been limited.

There’s also a Bet Builder tool here and an early cashout feature.

Meanwhile, A Mega Parlay tool helps take your parlay game to the next level.

>> Start betting with a C$250 bonus

How We Ranked the Best Online Betting Sites in Canada

Our aim was to rate and review the top 10 best betting sites in Canada. To help us order them, we came up with this set of criteria:

Canada Online Sports Betting Markets & Odds

We made sure that all the top sports betting sites we chose covered all kinds of sports, while offering competitive odds and a great range of betting markets so that all kinds of bettors are satisfied.

Bonuses and Promotions

Whether you’re after sports or online casino bonuses to help top up your bankroll, the sites listed here have plenty of treats for both newbies and regulars.

Not only will you be able to take advantage of regular bonus bets at these online gambling sites, but you’ll also find that they come with fair terms and conditions, such as low wagering requirements.

Canadian Payment Methods

It’s important that Canadian sports bettors are able to fund their accounts safely. This is why we included ‘banking options’ among our ranking criteria, making sure that any sports betting operator we reviewed supports tried and trusted methods like MasterCard and Interac. And, fast payouts are always appreciated!

User Experience

The Canadian sports betting experience is about so much more than the odds and bonuses — it’s also about how easy a website is to navigate, how mobile-friendly it is and how helpful and prompt the customer support is.

Safety & Security

Finally, we had a look at the safety and security measures followed by the CA online bookies. All of our top picks follow different types of safety standards to make sure your funds and information are always kept safe.

We used similar guidelines when ranking the best paying Canadian casinos online.

Why Is Mystake the Best Sports Betting Site in Canada?

With so many online sportsbooks to choose from, it was challenging to narrow down the top 10 and even harder to pick a number 1.

However, Mystake came out on top as the best sports betting site Canada offers for these key reasons:

Remarkable Ease of Use: Registering at Mystake only takes a minute, while browsing the markets, placing your bets and cashing out whenever you want has never been easier.

Unlimited Free Bets: It’s rare that a sports betting site hands out unlimited free bets — but that’s exactly what Mystake does with their “3+1” offer.

Endless Betting Markets: Mystake doesn’t just focus on the most popular sports. It also offers in-depth markets and accurate odds for a variety of niche sports like stock car racing and darts.

Popular Sports to Bet On in Canada

Betting sites in Canada offer users various sports to wager. Below, we’ve listed the most popular sports you can bet on right now.

Canada

As Canada’s most beloved sport, hockey, particularly the NHL, dominates the betting scene in Canada.

The sport’s widespread appeal ensures its presence on virtually all Canadian sports betting platforms. Bets are often placed on game outcomes, player performances, and the Stanley Cup championship.

Football

The NFL finds a strong following in Canada, despite the presence of the Canadian Football League (CFL). Major events like the Super Bowl attract huge betting activity each year, with fans engaging in various types of wagers including point spreads and futures.

Basketball

The NBA has significantly grown in popularity across Canada, especially following the Toronto Raptors’ championship win in 2019. Canadian bettors can participate by betting on point spreads, player performance, and the overall NBA championship.

Baseball

With the Toronto Blue Jays being a focal point of Canadian baseball, the sport sees considerable betting interest, particularly during the MLB season. Bets are typically placed on game outcomes, run totals and postseason performances.

Soccer

This global sport also resonates with Canadian bettors, with major international leagues and events like the FIFA World Cup, UEFA Champions League, and MLS attracting attention. The variety of betting markets includes match outcomes, goal scorers, and overall tournament winners.

Why Should I Use Canadian Sports Betting Sites?

Land based sportsbooks are widely available in Canada — so why should you go with online betting sites instead?

Here’s why we strongly recommend online betting Canada sites over in-person wagering:

Easily Find the Best Odds: Whichever betting markets you prefer to bet on, you can always find the best odds anytime you want to bet, simply because you can compare the odds at different online sportsbooks.

Sports Betting Online is Safe: The Canadian sports betting industry is as safe as it ever has been, with all the best online sportsbooks fully licensed and complying with the regulated Sports Betting Act.

Ability to Cash Out Your Bets: Most Canada online sports betting sites give you the chance to close a bet whenever you want, be it because your parlay is already in profit or because you want to mitigate a potential loss.

Best Betting Sites Canada – FAQ Guide

Are Winnings from Canada Sports Betting Taxable?

No, winnings from Canada sports betting aren’t taxable. Whatever you win money from placing a sports wager, you get to keep it all for yourself.

This includes NHL betting, basketball betting, horse racing betting, as well as casino games.

How Do I Find the Best Betting Odds in Canada?

To find the best betting odds in Canada, you can join top-rated online betting sites that are known for the quality of their odds. Then, you can compare their odds anytime you want to place a bet on markets like the moneyline and the totals.

You can also use odds comparison websites, which compare the odds on offer at different Canadian betting sites.

Can I Win Real Money Betting on Sports in Canada?

Yes, sports betting in Canada lets you bet real money for the chance to win real money.

Bet limits vary, and once you’ve won a bet, you can withdraw your winnings safely and securely via a trusted payment method like Interac.

What is the Best Online Sports Betting Site in Canada? 

We found that Mystake is the best online sports betting site in Canada. It offers users thousands of daily betting markets, generous bonuses, and so much more.

Other amazing betting sites include options like TonyBet, GoldenBet, BetOnline, and much more.

Comparing the 5 Best Canadian Betting Sites Online

Mystake: Best in the Canadian sports betting market overall. Bet on over 25 sports, claim unlimited free bets and take advantage of a wealth of betting tools, including a Bet Builder and an early cashout tool. Start by claiming the C$500 welcome bonus.

TonyBet: Head to TonyBet if you’re after the best CA sportsbook for live betting markets. Bet in-play on all your favourite sports, get accurate odds in real-time, and cash out your bets whenever you want. New players are also welcomed with a C$350 welcome offer.

PowerPlay: Reduced juice NHL odds make this the best online sportsbook for NHL bettors, and there are a raft of NHL futures bets. Get started by scooping the 100% up to C$500 welcome offer.

GoldenBet: This is the home of unlimited 10% daily cashback, which you can use to reduce your losses. GoldenBet is also giving away up to a C$500 welcome bonus to new bettors.

BetOnlineFinally, we have the top sports betting site Canada has when it comes to betting variety. You can place same-game parlays at BetOnline, get boosted odds, and use the Mega Parlay tool to take things to the next level. Score your C$250 free bet welcome bonus!

How to Sign Up at the Top Betting Sites Canada

Creating a sports betting Canada account at any sportsbook we’ve listed takes less than a minute.

The process is almost identical, whichever site you join, but to give you an example, we’ll show you how to do it at Mystake:

Step 1: Start Your Registration

  • Open MyStake’s homepage or choose another sportsbook.



  • Click the red ‘REGISTER” button at the top right of the screen.

Step 2: Enter Your Details

  • A sign-up form will pop up.



  • It has 7 required fields, including your name, email address, and password.



  • Click “REGISTER” at the bottom.

Step 3: Check Your Email

  • Check your emails for a message from Mystake.



  • Click the link to verify your account.

Step 4: Make a Deposit and Claim the Bonus

  • Enter the cashier section of your new betting account.



  • Deposit at least C$20 to trigger the C$500 welcome bonus. 



  • Once your bonus reflects, bet on sports online in Canada.

Tips, Tricks, and Strategies to Find the Top CA Betting Websites

Are you new to online betting Canada sites? While a lot of fun lies ahead for you, you’ll have an even better time if you start out with some helpful tips and tricks as shared by our expert sports bettors:

Join Multiple Canada Sports Betting Sites

The more sports betting apps and websites you sign up to, the easier it will be to shop around for odds each time you want to bet. All the best Canadian betting sites are totally free and take less than a minute to join

Claim the Welcome Bonuses

Before you bet online, it might be a smart idea to boost your bankroll straight away with a welcome bonus — this is available at all the best betting apps Canada and websites. You just need to meet the minimum first deposit required and enter a promo code if asked.

Have a Bankroll and Keep to Your Budget

All successful sports bettors have a bankroll, which is the amount of money they’ve put aside for sports wagering.

A bankroll not only helps you stay in control but also makes it easier to work out a staking strategy so that you don’t go bust too fast.

Find the Odds Boosts

You’ll find odds boosts at all the top online sportsbooks. They essentially boost the odds on pre-selected parlays, giving you the chance to maximize your potential payouts.

They’re free to claim, come with no wagering requirements, and are generally available most days of the week. You can’t miss them — they’ll be advertised on the homepage.

Don’t Chase Your Losses

Dealing with a losing streak isn’t easy for some bettors, as they’ll find themselves ‘chasing’ in a bid to win back what they’ve lost. Spoiler alert: this nearly always ends badly.

If you feel yourself losing control after a few bad sports wagers, log out of your sports betting account and take a breather for at least 48 hours. Remember, responsible online gambling should always be key.

We’ve shared more tips in our guide to the best betting sites in Quebec.

Ready to Wager at the Best Online Betting Canada Sites?

We’ve run you through the top sites for sports betting in Canada. The only thing left for you to do is decide which betting options are suitable for you.

For us, Mystake is the best Canadian betting site overall, thanks to its brilliant odds, regular free bets, and the C$500 welcome bonus for all newcomers.

Whatever CA sportsbook you choose to join, always remember to gamble responsibly and prioritize fun when betting on sports online.

 

DISCLAIMER: The information on this site is for entertainment purposes only. Online gambling carries risks, so you should only play within your means.

If you’re struggling with a gambling addiction, reach out for help from a professional at the National Gambling Helpline through this phone line: 1-626-960-3500. 

All gambling websites and guides on this website are 18+. Check your local laws to ensure online gambling is legal in your area. Not valid in Ontario.

Check these websites for free gambling addiction resources.

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