Best Sportsbook Websites for Canadians in 2024

It’s that time of year when revisiting your old preferences and checking if they’re still relevant is generally a good idea. We’ve examined the local Canadian betting scene to see what’s available and if anything has changed since last year.

If you’re content with your favorite betting website, stick with it. But if you’re open to exploring other options, we’ve compiled a list of operators you might find interesting.

Bear in mind, though, that this article is just a recommendation. We strongly encourage you to do your own research as well.

In case you don’t have the time to read through the entire page, we’ll give you a quick overview of the brands we mentioned here:

•       Fbet – New Sportsbook Operator in Canada
•       Mostbet – Mature Betting Brand
•       Betonic – Free Bets for Canadian Players

Canadian Regulators and International Regulators (H2 header)

The status of sports betting can vary among provinces, and understanding these differences can be beneficial. Currently, there are two main local regulatory bodies overseeing sports betting in Canada.

The Kahnawà:ke Gaming Commission, established in 1999, is the oldest regulatory organization in Canada. It actively collaborates with various brands, mostly from overseas, and you can always find an updated list of permit holders on the official website.

On the other hand, iGaming Ontario, a newer organization formed in 2021, focuses on creating a secure and transparent iGaming environment specifically in the province of Ontario. This article won’t delve into Ontario-specific providers.

Additionally, some betting operators accessible in Canada may lack local licenses. In such cases, you’ll typically find that the brand holds a Curacao or Malta Gaming Authority (MGA) license. This is perfectly acceptable, and you can use such operators for online gaming activities.

Fbet – New Sportsbook Operator in Canada

Fbet is a betting brand designed specifically for Canadian sports enthusiasts, making it the latest addition to the local betting scene. Despite being established only in mid-2023, Fbet has quickly gained a solid and expanding player base. Currently, they operate under two distinct licenses – a Curacao eGaming license and a Kahnawake Gaming Commission license.

In our view, one of Fbet’s most significant strengths is their diverse range of payment methods. However, they also have several other notable features, including:

• A generous welcome offer
• Live video streams of sporting events
• A mobile application

Easy to Make Payments and Request Withdrawals

As mentioned earlier, Fbet stands out for its diverse array of payment methods. You can deposit and withdraw funds using familiar options such as Interac and/or Instadebit, as well as explore electronic wallets and a wide range of cryptocurrencies.

Here are some key points to note about payments at Fbet:

• Most payment methods have a minimum deposit requirement of C$10.
• For crypto payments, Interac e-Transfer, and Instant Bank transfers, the minimum deposit amount is C$20.
• The minimum withdrawal amount from your player account is C$30 for all payment methods except cryptocurrencies.
• The minimum cryptocurrency withdrawal amount is equivalent to C$10.

Mostbet – Mature Betting Brand

Mostbet has been around since 2009, so among all the brands mentioned on this page, they would have the richest history. At the moment they operate under a valid Curacao (No. 8048/JAZ2016-065) license.

Even though Mostbet is relatively new to Canada, they already have Interac available as one of the main payment options for local players. Just so that you know, this also applies to withdrawal requests, meaning you should be able to easily submit those and quickly get your winnings to your bank account.

Generous Welcome Offer and Quick Registration

The two main things we would like to bring to your attention when it comes to Mostbet are their welcome offer and registration process.

The registration process literally takes just one click, which is why you can see a “one-click” option available on the registration page. All you have to do is select your country, preferred currency and you’re good to go. Once you have an account, it’s time to look at activating the welcome offer.

The welcome offer for new players from Canada is a 125% welcome bonus up to C$1,000, which you can get after making your first deposit. The only thing you need to bear in mind is that the minimum amount required to activate this bonus is C$15. Once you get the bonus funds added to your account, they are valid for 7 days and have to be wagered 15 times in order to get converted into real money.

Exclusive Mostbet Promo Code – 100CAD

Once las thing we’d like to mention about Mostbet, for those of you that read this far – we have an exclusive promo code that you can use and share with friends. If you want to get an extra warm welcome as a newcomer, simply enter the 100CAD promo code on the registration page before you create your account.

Betonic – Free Bets for Canadian Players

Betonic is a relatively new name in the betting scene, they have been operating since 2021 and aren’t yet widely known among Canadian sports fans. This makes them a real hidden gem, because they have a decent sportsbook section as well as quick payments and free bets.

The betting section has full coverage and an impressive market variety for tournaments like CFL, NFL, NBA, NHL and MLB.

At the moment Betonic doesn’t hold a locally issued license, yet they operate under a valid Curacao eGaming license (Antillephone N.V. license No 8048/JAZ2010-010).

Free Bets

Betonic, like many other operators out there have a welcome offer for new players – it will give you 100% on top of your first deposit. However, things don’t stop there, you will also be able to get two free bets.

The first one is a risk free bet, with the minimum deposit requirement of C$15 and the minimum stake requirement of C$15. If your original bet loses, you will get 25% (up to C$40) of your stake added to your player account as a free bet.

The second one is a free bet, which you can get after you bet on an NBA outright winner. Bet at least C$75 and get a similar C$75 free bet added to your account as soon as the original bet is accepted.

Bet Responsibly

Let’s wrap up by emphasizing the importance of maintaining healthy betting habits. Betting is meant to enhance the enjoyment of your favorite sports, not complicate your life. If you ever find yourself losing control and wagering more than you should, it’s a signal to take a break. If taking a break proves difficult and the urge to bet persists, seeking assistance is crucial. Local organizations in your community or online platforms can provide support. One recommended online resource is gamblingtherapy.org. Here, you can engage with trained professionals and participate in group discussions if you feel comfortable sharing.