The Best Online Sports Betting Sites in Canada
Just like internet casinos, there are several online sports betting sites available for Canadians. Therefore, finding one that suits you is important. To make things easier for you, we have sourced some top Canadian sportsbooks that offer players various bonuses, free bets and live betting services.
Our detailed guide will walk you through choosing the best online sports betting sites based on what they offer you as a player, such as deposit and withdrawal options, bonuses, and sportsbook reviews. We will also provide insight into odds, betting types, and everything related to online sports betting.
Online Sports Betting Sites 2021
How We Rate and Review The Best Sports Betting Sites
There are several factors that we consider when selecting a casino. You can use the same criteria when searching for online casinos or sports betting sites. Be careful when signing up and registering with any site, as not all are licensed and regulated. Our team of experts has screened all sites recommended by CasinosOnline-Canada.ca to ensure that they meet our standards. When signing up to an internet casino or sports betting site, ensure that you keep the following checklist in mind:
Safety and security
All sports betting and gambling sites must offer players a platform where funds and information are secured. Meaning that there should be high-level security when it comes to your details and your bankroll. Legal sites get audited regularly and have the correct licenses according to state laws and gambling commissions.
Bonuses and Rewards for Bettors
Sports betting sites are known for offering players great bonuses for signing up with them. For example, most sites will match your first deposit up to a certain amount, and these are called deposit match bonuses. Other interesting bonuses that online sports betting sites provide are risk-free bets or sport-specific rewards.
When claiming bonuses, ensure that you read the fine print. The terms and conditions of bonus offers and rewards contain specific wagering requirements and different stipulations.
Today, almost all gaming and gambling activities are done on a mobile device. Many gamers believe that it is not worth it if a site or game cannot be accessed from their mobile. Most online betting sites and sportsbooks offer mobile-friendly sites that you can access from your mobile browser. Whether you have an Android or Apple phone, or tablet, you can take your favorite betting site with you wherever you go.
Communication with the sportsbook should be available to players 24/7. If you experience any issues during gameplay or technical problems, customer service representatives can help you. You can contact them through live chat, email or phone.
Deposit and Withdrawal Options
Our recommended sportsbooks offer bettors suitable real money deposit and withdrawal options. These include credit cards, e-wallets like PayPal and cryptocurrencies such as Bitcoin. Different deposit and withdrawal methods allow bettors freedom of choice. These banking options allow you to deposit your winnings directly into your account.
Online Sports Betting Leagues
Many people are brought together through sport, and having good company while watching major events is even better. Everyone has different interests and can lead you to bet on different games. Throughout the year, there are events that take place, like the Olympics and the FIFA World Cup. Everyone loves to set a bet among friends about who will win, but you can also do this for real money!
Some of the most popular events you can bet on include:
- National Hockey League (NHL)
- Canadian Football League (CFL)
- National Basketball Association (NBA)
- Major League Baseball (MBL)
Apart from the sports mentioned above, there are other sports that Canadians enjoy placing wagers on.
- Formula 1
- Horse Racing
- Other Motor Sports
How to Get Valuable Sports Betting Information
To win casino games, you can follow strategies and look at several guides. But, with online sports betting, you need to stay up to date with the latest news. News reporters, blogs and social media can help you keep track of team injuries, transfer news and more. News (print or digital), blogs and, social media are constantly updated with information daily.
For example, in March, transfer windows open up in different sports such as basketball. Players who are transferred between different state teams are reported promptly.
It is important to stay updated with current news regarding sports as you cannot rely on luck to win bets. While there is no way of securing a win, you can always prepare. You can look at player profiles on social media, visit a team’s website or follow different sporting blogs.
The above sources are great ways to acquire information and stay up to date with the world of sports. Doing this will help you make better bets and increase your odds.
Types of Bets in Online Sports Betting
Just like online casino games, online sports betting has various bets available. Each time you play or place a bet on any sporting event, you gain more experience. With our guide, we give you a chance to learn these elements before entering the exciting world of sports betting. Here are some common betting options to pick and choose from:
Live betting takes place during a certain match or event. Under normal settings, you would place your bets for an upcoming game. You would then watch it when it is being aired to determine if you have won. With live betting, you can place bets instantly while the game is taking place. For example, bettors wager on whether a team will win or lose or score the first goal. There are other options depending on what game you are betting on.
In spread betting, players wager on the overall outcome of a match. An example would be betting on how many goals a team will score during the match.
With this betting type, you can make numerous bets to build up your payout. To qualify for a payout, all bets that you made must generate a win.
The teasers betting system is similar to parlays. Teasers betting allows players to make two different bets on two different games. You can change the bet however you see fit. Doing this can increase or decrease your chances of winning.
Online Betting Bonuses
When you join a sportsbook or online betting website, you will have the opportunity to claim promotions. As a bettor, you can claim many bonuses, the question is, which is the best for you?
These are bonuses offered to new gamblers who register with an online sports betting site.
Each time a player deposits funds into their account, the sportsbook will offer you a bonus in exchange for your loyalty.
Free Bet Bonus
Free bet bonuses are offered to players when making a deposit. The sports betting site will match your deposit with a free bonus.
No Deposit Bonus
This is when a sportsbook rewards you with a bonus without making a deposit.
Online Sports Betting Glossary of Terms
The world of online sports betting is unique and thrilling. Whether you’re betting on the Super Bowl or a popular horse race, you need to understand the terms associated with this type of gambling. As a beginner, new terms and bets can be daunting, so we have compiled a glossary to give you the upper hand.
Accumulator – A series of bets in one wager.
Arbitrage – Placing a wager on all possible sporting event outcomes, providing the bettor with a guaranteed profit.
American Odds – American odds are indicated with a decimal point or a fraction. i.e. Yankees +400 would be 5.0 or 4/1.
Asian Handicap – A type of bet made during soccer games. The better team is called handicapped.
Bankroll – The funds a bettor has available in their account to make additional bets.
Beard – Refers to a person who places a bet on behalf of another person and wants to remain anonymous.
Chalk – This refers to a team or player that is a favorite. Teams or players that are regarded as chalks are expected to be the winner.
Circle Game – Games circled by a sportsbook or betting site due to low limits.
Opening Line – Referred to as the first point spread in a game.
Closing Line – The point spread as the game begins.
Closing Line Value – Bettors use this term when measuring the value of their wager from the last available line.
Dead Heat – A Tie.
Decimal Odds – Odds that are derived from the following calculation: Bet Amount x Odds.
Dog – Short term used for the Underdog team or player.
Early Cash Out – When a bettor settles their wager before the game ends.
TKO – Stands for Technical Knockout in boxing matches.
FAQ’s About Online Sports Betting Sites and Sportsbooks
Yes, online sports betting is legal in the Canadian gambling market. It is not illegal to place wagers on sports as long as the site you are using holds a gambling license.
Yes, you can, and it is quite simple too. To place a bet on your favorite sporting event, log in or register with a licensed online sports betting site. Find the game you are looking for and start wagering for real money.
There aren’t particular games or sporting events that offer better odds than the next. Sports betting is mostly based on chance.
Online sports betting is a bit more difficult to big win than it is with regular casino games. There are no real strategies because you are betting on the outcome of an individual or team.
There are many sports available on sport betting platforms. You can place bets on basketball, football, horse racing, boxing, racing, professional sports and so forth. Bets can be placed on tournaments and major events like the NBA, NFL, NHL, Europa League, Premier League, College Games, or Kentucky State Championships.
Some sportsbooks and online betting sites offer a mobile app that you can use to place bets. These apps offer the best gaming experience when using your mobile device and feature live updates tournaments and events.
A parlay is a bet that links two or more individual wagers and depends on all wagers winning together.