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Best Sports Betting Canada
There are dozens and dozens of online sportsbooks ready and willing to take your bet. But as a Canadian, it only makes sense that you'd want to find the best sports betting sites that accept Canadian Dollar deposits and allows you to make bets from your Canadian Dollar account.
Most sports betting sites only allow you to make bets in other currencies like the US Dollar, the British Pound or the Euro. This would mean that your Canadian Dollar deposit would need to be converted to buy a balance in one of these currencies. Built into this currency conversion is a fee that goes to your bank, credit card company or whomever makes the conversion. You never see the exact fee because the exchange house simply sells you the new funds at a markup of the best exchange rate at the time of your transaction. This fee will be as much as 5% of the value of your deposit. You avoid this fee when you fund your account to a Canadian Dollar sports betting site.
Furthermore, if you need to convert back to Canadian Dollars when you withdraw your winnings, you will face the same fee approaching 5%, plus you may be exposed to losses due to currency fluctuation if the value of the Canadian Dollar rose against your chosen betting currency. When you choose to play with Canadian Dollar sports betting sites like those that we list, you'll keep more of your own money.
Here's an example of how much money you can lose if you don't bet in Canadian Dollars:
Let's say you're going to deposit $1,000 CAD. When you convert to another currency,
the actual value of your deposit will be be reduced due to the currency exchange
fee. At 5%, your actual deposit will be worth $950. Let's say you play for a few
months, you’re about even and you want to withdraw your funds, but the value of the
Canadian dollar has gone up 10% against your betting currency. When you make the
exchange, you'll have lost a further $95 -
Keep things simple -
Best Sports Betting Criteria
I analyzed sports betting sites from a Canadian perspective. I do not list those
sites that failed to meet my standards, so you might notice some big international
brands are missing -
All my listed sites accept your registration from Canada and offer CAD accounts. Many big international brands do not register customers from Canada, or they do but do not offer CAD accounts. For example, you’ll find that many big review sites push a brand to Canadians called 888sport with a CAD250 bonus offer.
888sport is a solid company, but those review sites won’t tell use that 888sport
does NOT offer Canadian dollar accounts. You’d get the bonus equivalent in US dollars
and lose money through exchange fees on every deposit and withdrawal that you make
over the life of your account activity. But that’s how little these other review
sites truly care about YOUR experience and this is not the only example of non-
I really want you to play with companies that really want Canadian players and have gone out of their way to make things as easy as possible. This is why I kept my list so small.
Would you want to go through 20+ betting site reviews? Would you then sign up with the 17th best betting site? Of course not, why would you? That’s why I keep it simple.
I don't try to fool you with phoney grades or star ratings. I just give you the unbiased information, you choose the best betting site based on your preferences & requirements as there are differences between them.
Bodog is one of the oldest names in online sports betting, in business since 1994. Bodog.ca is specially targeted to the Canadian market, so you know they cater to Canadians. Bodog loves Bitcoin for both deposits or withdrawals. Otherwise, credit cards are available, even AMEX. Read Bodog review