Canadian Sports Betting

1. Canadian Sports Betting
2. Most Popular Canadian Sports
3. Canada Sports Betting
4. Canadian Sports Betting Companies

Currently, sports bettors in Canada are limited to 'parlay' bets — meaning they have to place bets on more than one game, and pick the winning team in each contest, to see any sort of windfall. The odds of a winning parlay bet are low. Canadian sports betting preferences don't differ too much from the preferences of USA gamblers, since the two countries share some professional sports leagues. However, Canadians do tend. Available to all Canadians - Canada Sports Betting is a valuable resource for bettors. A gateway to LIVE sports and entertainment wagering, plus casino and poker play, we guide gamblers to the heart of the online betting business. Once there, bettors in Canada who are of legal age have access to an extensive list of handicapping options. Canadians can place bets on sports, play poker, enjoy casino games, and pretty much engage in any form of online betting and gambling you desire. So, don’t worry about being arrested for betting online as a Canadian. It’s not going to happen. Leave the legal concerns to your Southern neighbors.

Legal sports betting in Canada is unregulated on the federal level but gives the legislative power to the provinces. Each of them has their own unique laws for sports betting. When it comes to online gambling though, any gambling site based or located in Canada must hold a government-issued license. If you want to place bets at a brick-and-mortar establishment in Canada, you cannot bet on single sporting events. Instead, the country has an outlet similar to what Oregon offered their residents a few decades ago. A service known as Pro-Line allows bettors to wager on parlays on three games or more, in which all must be correct for bettors to win their wager.

Offshore sports betting companies offer a much wider array of betting options than the provinces and territories are permitted to. In a positive look, the Canadian government has seemingly ignored the offshore companies, as they focus on their own in-state policies. Overall, when placing bets in Canada there are strict regulations, limits on bet sizes, and better odds available offshore than the government maintained Pro-Line.

Legality Of Sports Betting In Canada

The legality of sports betting in Canada has seen drastic shifts in legislation throughout its history. In 1892, Canada banned all forms of gambling in its Criminal Code but a major shift took place nearly 100 years later. In 1985, provinces and territories were given the right to oversee activities such as slots, charitable gaming, and lotteries. Canadian law currently prohibits single-game sports betting, so bettors are largely limited to parlay bets. This has driven a large segment of the Canadian market to online sportsbooks.

However, things are looking to change, as the Safe and Regulated Sports Betting Act was introduced in 2016. This federal proposal looked to make single-game wagering legal but was struck down by the Canadian government. In the next year, Canada saw another change, as Ontario looked to add esports and live betting options for sportsbooks in Canada. The explosion of legal sports betting throughout the United States over the past two years has reignited the push to legalize single-event wagering in Canada, with prominent industry leaders publicly calling for legislative change. HeadsUp Entertainment Intertnational Inc. wants to enter the Canadian sports betting market, showing much interest to future revenue.

Best Super Bowl Betting Sites In Canada

When it comes to betting on the Super Bowl in Canada, you can’t go wrong with the best betting sites. These sports betting sites offer betting lines throughout the season, making them the ideal places to wager on futures bets. Outside of the many wager options, which makes online sports betting such a major attraction to Canadian bettors is the ability to bet on the go. This is what makes top sports betting sites like MyBookie so appealing. These sites can be accessed via your mobile device’s web browser, allowing for anytime anywhere on the go Super Bowl betting. With the Super Bowl being one of the biggest sports betting events of the year, it makes sense that sports bettors will want the option to wager wherever they are.

Canadian Sports Betting

Is Online Sports Betting Legal In Canada?

Thanks to online sportsbooks, anyone in Canada can legally bet on sports in 2021. Through international sports betting operations, Canadian sports bettors are able to get in on the action of all the major sporting events. These sportsbooks are regulated and legal and are able to provide some of the best odds you can find in Canada. Some of the top online sportsbooks, Bovada, BetOnline, and MyBookie are able to provide sports betting to all Canadian players. There is no legal barrier stopping sports bettors in Canada from partaking in legal sports betting. With this in mind, online sports betting in Canada is indeed legal.

Canada Sports Betting Markets

The most popular sport to bet on in Canada is hockey. Hockey is Canada’s national winter sport, and the NHL has several franchises in Canada to help spur the excitement of betting on hockey. A second sport that sees frequent wagers being placed by Canadians is basketball, more specifically the NBA. With the Toronto Raptors bringing Canada their first NBA championship, the popularity of the NBA is at an all-time high in the country leading to surge in bets on basketball. Football is also a big sport to bet on in Canada. The NFL is the league that garners the most wagers but it’s not uncommon to see many Canadians betting on their favorite Canadian Football League teams as well.

Canada’s Sports Betting Revenue

Since the Canadian government has allowed the provinces to decide what they do with their revenue, it’s tough to gauge where the revenue goes. However, in the province of Alberta, it is estimated that around 4% of their budget comes from gambling revenue, which is more than any other province in Canada. With sports betting being such a huge stream of revenue for countries, Canada has seen that there is an estimated $10 billion bet on sports in Canada every year. Unfortunately, for the country, most of that money goes into the pockets of offshore operators.

With single-game betting still illegal in Canada, it’s hard for Canadians to support the Canadian sportsbooks. The country has already started losing money to the US and offshore online sports betting sites due to this missing link. With Canada slowly starting to shift its stance on sports betting it’s only a matter of time before they start creating new cash flows for their country. When this happens, the tax benefits of legal sports betting in Canada will help fund various government programs and infrastructure repairs.

Can I Bet With A US Sportsbook From Canada?

No, as US law dictates, US-based sportsbooks can only operate in the state they are regulated in. The Wire Act is a federal law that prevents the transfer of funds across state lines or country lines that are wagered on sports. You have to physically be in the state in order to bet on sports at the sportsbook. Canadian sports bettors aren’t completely out, however, as international betting sites offer some of the best betting options available. These sites offer betting lines as good if not better than those available at regulated US-based sportsbooks. There are many options for Canadian bettors even though they can not wager using US sportsbooks in Canada.

Find Your Country:

Canadian based sports betting is handled a little bit differently than other forms of legal gambling you find in Canada such as casino and poker betting. Rather than being left to provincial governance, sports betting is permitted as an exception to the national criminal code, and is available through a three team minimum parlay wager. Participants can place their wagers at any of the various retail outlets or online.

Efforts are being made to pass legislation to modify the criminal code and eliminate the three team parlay requirement on sports betting in Canada. Previously Bill C 290 was introduced and made it through discussions and preliminary levels over several years, however it was finally killed and was replaced by Bill C 221 dubbed the Safe and Regulated Sports Betting Act. If the bill had passed, it would have allowed Canadian based sports betting services to accept wagers on any race or fight, as well as on any single sports event or contest. Unfortunately for supporters of the bill, it was not passed, and Bill C 221 is officially dead in the water. The good news is that Canadian residents do have access to placing bets on single sports events through legally licensed offshore sportsbooks that accept Canadian residents as bettors. Read more about this in the section directly below.

Is It Legal To Bet Sports Online In Canada?

Canadian residents can legally place bets at licensed and regulated sportsbooks that are located outside of the nation’s borders, also known as offshore sportsbooks. Included in this category are several world renowned online sportsbooks that are licensed through the Kahnawake Gaming Commission in Canada. Unlike Canadian based sportsbooks that are restricted to a three team minimum parlay wager, licensed offshore sportsbooks allow a wide range of wagering options, including betting on single games, matches, races or events. There are no provisions within the Canadian criminal code that make it illegal for Canucks to participate in online sports betting at legally licensed and regulated offshore sportsbooks.

Most Trusted Sportsbooks That Can Legally Accept Canadian Players – Play In CAD

The following online sportsbooks are the most reputable in the industry and are legally licensed to accept all Canadian players. We are currently working on offering detailed reviews for each of these sites so CA players can learn why they are a good choice. Until then, you can rest assured that each site listed below is legally licensed and regulated and are some of the most trusted sites open to Canadian players.

Faq’s About Betting On Sporting Events In Canada – How To Do It Legally

Most Popular Canadian Sports

What Types of Sports Events Are Included In Legal Canadian Online Sportsbook Gambling?

Canadian sports bettors will find that they have access to an extensive range of betting lines at online sportsbooks that cover a wide selection of sports categories, including NFL, NBA, MLB, NHL, soccer, tennis, golf, horse racing, Nascar, MMA, UFC, swimming, rugby, darts, Cricket, volleyball, handball, snooker, motor sports and cycling, to name a few. The range of sports covered and betting lines will vary from site to site.

Is It Safe To Bet On Sports Online In Canada?

Online sports betting is extremely safe as long as you are limiting your access to only those internet based gambling sites that are legally licensed and regulated, and that are subject to legitimate regulatory oversight. The online sportsbooks recommended in this guide are all legitimately operating within the industry. Bookmakers who do not subscribe to licensing requirements and definitively high industry standards are the types of questionable and predatory operations that bettors should avoid at all costs.

What Should I Look For In A High Quality Canadian Friendly Online Sports Betting Site?

Canada Sports Betting

All of the online sportsbooks that we list on this page met specific criteria in order to be considered for inclusion in this guide. Our standards are more stringent than the minimum licensing requirements that allow an online gambling site to operate within the industry, so you may not see every single licensed bookmaker listed here. We restrict our recommendations to only those sites that provide the legally sanctioned, secure and high quality betting environment consistent with the absolute best performance and services that the industry has to offer.

Here are a few of the requirements that must be met to be included in our guide:

• Must be legally licensed and subject to legitimate regulatory oversight with proof of good standing.
• Must hold compliance certifications issued by a third party agency.
• Must employ a technologically advanced security profile.
• Must offer competitive betting lines and payouts that are consistent with the bookmakers in Las Vegas.
• Must offer bonuses and promotions that carry reasonable and attainable wagering requirements.
• Must cover a wide range of sports events, matches and contests.
• Must offer live betting and live in play betting features as well as a high performance mobile application for betting from tablets and smartphones.
• Customer support staff must be knowledgeable and responsive.
• Banking suite must demonstrate efficiency, fast payouts, and offer a robust selection of deposit methods and withdrawal options.
• Reputation among both bettors and industry professionals must be impeccable throughout the gambling industry.
• Interface must be user friendly, aesthetically pleasing and innovative with intuitive navigation.

Our complete list of elements that we scrutinize within an online sports betting operation is much to lengthy to publish here in its entirety. Relying on the input of industry professionals who are trained to perform this type of intense review process can save you a great deal of time and heartache by directing you to legally sanctioned online sportsbooks that have been carefully vetted for legitimacy and quality.

Do I Have To Pay Taxes On My Sportsbook Winnings?

Canadian Sports Betting Companies

In general, Canadian gambling laws do not require players to pay taxes on gambling winnings. There are some exceptions, and one of them is for professional bettors who make a living from betting. These individuals would be required to pay income taxes on their winnings. Please contact a tax attorney for comprehensive information regarding tax requirements concerning gambling winnings associated with sports betting.