Wagering on sports surely isn’t new for Canadian bettors but an entire new year has come for single sports betting, which will be open first in Ontario on April 4, 2022. Canadian senator Joe Comartin has been working on a private bill for allowing singlesports wagering in Canada since the early 2000s. Then the candidate failed with a similar measure that was not adopted in 2016. The bill was subsequently snuffed and never became law. 2020 MP Kevin Waugh tried again, but the results were third-time lucky. The Canada’s Senate passed an amendment that would make it safer for sport betting and the bill was signed into law. It has been incorporated into legislation and has received royal approval from the Governors’ Office.
The legislation will allow provinces and territories to offer single-event sports betting, both online and through traditional retail locations such as casinos, lottery retailers and racetracks. The legislation also contains a number of consumer protection measures, including a prohibition on anyone under the age of 18 from participating in single-event sports wagering and a requirement that operators ensure that bets placed are fair and reflect the likelihood of the event occurring.
The new law is good news for horseracing industry, which will now be able to compete with other forms of gambling. It’s also good news for the provinces, which will see an increase in revenue. The Ontario government has estimated that single-event sports betting could generate up to $200 million in new revenue each year. The Canadian Gaming Association estimates that Canadians spend $10 billion on sports betting each year.
There are many online bookmakers in Canada and it can be hard to choose which one to bet with. But don’t worry, we’ve got you covered. We’ve compiled a list of the best online bookmakers in Canada, so you can make an informed decision about where to place your bets.
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Interesting facts about sports betting in Canada
Sports have been popular forms of entertainment throughout the whole of Canada’s history. The early record indicates a betting on the outcome of a wide range of events which involve humans and animals. Despite being unable to enforce rules and regulations in the early days. As Europeans settled in Canadians — most notably British — introduced new sporting and betting regulations. In 1867, the law became law, but didn’t survive until 1892, when the government made gambling illegal. The gambling restrictions lasted eight decades before being lowered in 1971. Since that moment sport bets have grown.
Is online sports betting legal in Canada?
Yes! As of 2021, online sports betting is legal in Canada. This means that you can place bets on your favourite sports teams online, through a reputable bookmaker. However, please be aware that there may be some restrictions in place depending on which province or territory you reside in. For more information, please contact your local gambling authority.
Ontario will be the first province to offer single-sport betting starting April 4th, 2022.
Sports gambling sites in Canada with the best odds
When you place a bet on Canadian sportsbooks, the odds of your winning can influence the odds you get. Canadian players can use bookmakers’ competitive odds to increase their returns and increase their profits. Our book reviews as well as sports book reviews also showed that a good betting site might offer some excellent betting choices on a regular basis that might even increase your winning chances. The bookmakers try to appeal to customers and offer good odds to attract the best customers. So, not only do you have to find a good sports betting site but also make sure the odds are worth your while.
Some of the best sports gambling sites in Canada have been reviewed and compared so that you can get an idea about some of the top sites with good odds for Canadian players. We looked at bonuses, welcome offers, banking options, customer support and more to give you the information you need to make an informed decision about where to place your bets.
Sports Interaction is our top pick for the best sports betting site in Canada.
How to pick the best Canadian betting site?
Choosing the best betting site can seem like an overwhelming task if you do not know the different offerings of each site. That is why we have put together a list of the factors you should consider when choosing a sports betting site in Canada.
First and foremost, you should look for a site that offers competitive odds. This means that the site has odds that are favourable to the player, as opposed to the house. You can compare the odds of different sites to see which ones offer the best chance of winning.
It is also important to look for a site that offers a wide range of betting options. This means that you will be able to bet on a variety of different sports, events, and games. This will give you the opportunity to diversify your betting portfolio and increase your chances of winning.
Another important factor to consider is the site’s welcome bonus. A good welcome bonus can give you a head start on your betting journey by giving you extra funds to play with. You should look for a site that offers a generous welcome bonus, as this will give you the best chance of success.
Last but not least, you should look for a site that offers excellent customer support. If you ever have any questions or problems, you will want to be able to rely on the customer support team to help you out. A good customer support team should be available 24/7 and be able to help you with any issue you may have.
List of sports betting sites in Canada
1 – Sports Interaction Sportsbook
One of the most popular Canadian sports betting sites, Sports Interaction (SIA), offers a great online sports betting experience. Licensed in Kahnawake, Quebec, SIA is one of the first sportsbooks to offer live betting and has a massive range of markets available for bettors.
2 – Points Bet
Points Bet is a relative newcomer to the online sports betting scene, but it has quickly made a name for itself as one of the most innovative and exciting sportsbooks around. The site offers some of the best promotions and bonuses you’ll find anywhere, as well as a huge range of markets to bet on.
Points Bet Canada was one of the first operators to receive an iGaming license in Ontario.
3 – Bodog
Bodog is another well-known and highly respected Canadian sportsbook and is licensed in Antigua and Barbuda. Offering a massive range of markets and bets, Bodog also offers superb customer service and great promotions.
3 – Bet365
Bet365 is one of the largest online betting companies in the world and is licenced in Gibraltar. Offering a huge range of markets and bets, Bet365 also has excellent customer service and some of the best promotions in the industry.
4 – William Hill
William Hill is a UK-based bookmaker that is licensed in Gibraltar. Offering a wide range of markets and bets, William Hill also has great customer service and some of the best promotions available.
5 – Betway
Betway is a UK-based bookmaker that is licensed in Malta. Offering a wide range of markets and bets, Betway also has great customer service and some of the best promotions available.
6 – 888Sport
888Sport is an online sportsbook that is licensed in Gibraltar. Offering a wide range of markets and bets, 888Sport also has excellent customer service and some of the best promotions in the industry.
7 – BetMGM
BetMGM is an online sportsbook that is licensed in New Jersey, USA. Offering a wide range of markets and bets, BetMGM also has excellent customer service and some of the best promotions in the industry.
8 – FanDuel
FanDuel is an online sportsbook that is licensed in New York, USA. Offering a wide range of markets and bets, FanDuel also has excellent customer service and some of the best promotions in the industry.