The Best Sports Betting Sites (Canada) for 2024

The SCOTUS ruling of 2019 dramatically increased the number of reputable offshore betting sites available to Canadians.

All the offshore sportsbooks mentioned in this review have been vetted and tried out by our top sports betting experts. In addition to an expansive selection of betting markets, these websites have great bonuses, various banking methods, and other exciting features.

The Best Sports Betting Sites Canada

Take a look at our top five list of sports betting sites to join today!

1. BetOnline
2. Bodog
3. Betway
4. Casumo
5. SportsInteraction

1. BetOnline – Best Sports Betting Bonuses

BetOnline

• 50% up to $1000
• Varies payment options
• High betting limits

• Launched: 2004
• Payout time: 1-2 days
• License: Panama Gaming Commission

• Mobile App: Yes
• Device Compatibility: Apple, Android & Windows
• Security Features: SSL Encryption

Play Now

It is no surprise that BetOnline is at the top of our list of offshore sports betting (Canada) platforms. Launched in 2004, the website is one of the oldest real money offshore betting sites, with some of the most competitive odds in the industry, a massive betting market, and multiple wager types.

Besides a thriving sportsbook, BetOnline has a massive online casino powered by top iGaming providers and a poker room. Its impressive selection of bonuses includes a 50% up to $1000 welcome bonus, which new users can claim in the sportsbook. There is also a 25% up to $250 offer, a $25 free play bonus on live betting, and a $25 risk-free offer on player props bets.

BetOnline’s website is easy to navigate and allows users to switch between the sportsbook and casino sections via tabs on the page. The sportsbook section also has a betting slip for tracking ongoing wagers, making parlays, and keeping tabs on updated odds. In addition to live bets, you can place props, parlays, moneylines, props, and more.

BetOnline is mainly geared toward North American players, so its sports betting options are focused on the region. Despite this, punters can still find odds on various international sports, such as cricket, boxing, MMA, tennis, Esports, basketball, football, horse racing, and more. The website also has unique options like politics, lotteries, entertainment, and financials.

2. Bodog – Fast Payouts

Bodog

• 100% up to $400
• User-friendly interface
• Live betting available for various sports

• Launched: 1994
• Payout time: 1-15 days
• License: Antigua Gaming Commission

• Mobile App: Yes
• Device Compatibility: Apple, Android & Windows
• Security Features: SSL Encryption

Play Now

Bodog Sportsbook is another fantastic option for punters who want to try out betting in top offshore sportsbooks for real money. We first noticed the site’s minimalist dark theme and numerous features to aid easy navigation. In addition to a sportsbook, the platform has an online casino, racebook, and poker room where you can try out popular titles with exciting themes.

Bodog Sportsbook boasts a limited but exciting number of betting options, ranging from popular sports like basketball, football, and baseball to table tennis, Horse Racing, volleyball, and more. The sportsbook also offers esports betting with games, including CS:GO, DOTA 2, Valorant, League of Legends, and more.

The platform goes a step further in granting players convenience by allowing them to easily switch between the decimal, America, and fractional odds via the drop-down menu on the betting page. You can also use Bodog’s prop-building tool to select the kinds of wagers you want to make.

Bodog Sportsbook didn’t let up the pressure when crafting its bonuses and promotions, as the site boasts multiple offers for both new and older players—creating an account and depositing a minimum of $10 grants you 100% up to a $400 sports welcome bonus as well as 50 free casino spins. If you make the qualifying deposit in cryptocurrency, the bonus increases to 100% up to $600 with a very low 5x rollover requirement. You can claim several other offers, including two 100% referral bonuses and a lucrative loyalty program.

3. Betway – Best for Esports Betting

Betway

• 100% up to $250
• Huhe betting markets
• No wagering requirements

• Launched: 2006
• Payout time: 1-5 days
• License: Malta Gaming Authority

• Mobile App: Yes
• Device Compatibility: Apple, Android & Windows
• Security Features: fully encrypted and certified by eCogra

Play Now

Next on our list of prime offshore sportsbooks for Canadians is Betway. This platform welcomes new players with a 100% up to $250 sign-up bonus when they deposit at least $10. Unlike the offers in most betting platforms, this bonus does not have a wagering requirement, so you can withdraw immediately after securing a win.

Besides its bonus offers, Betway sportsbook has some of the best betting markets we’ve come across, with a wide range of betting types like live betting props, totals, futures, spreads, and more for players to choose from. Esports also make up a chunk of the platform’s products, as it covers all the major events for games like CS:GO, Valorant, DOTA 2, PUBG, and more.

Betway has a fairly easy-to-use interface, making navigating the site and finding betting options a breeze. In the sportsbook section, betting odds for matchups are prominently displayed to make the process easy and add to your overall betting experience. MLB, NFL, NCAAF, NBA, NHL, and NCAAB are some sports leagues you can bet on on the popular sportsbook.

While Betway was a joy to review, we found the platform lacking in some areas. For one, the sports welcome bonus could be bigger and more promotions should be provided for older customers. Betway does not offer crypto banking options, so players must use its e-wallet and fiat payment options.

4. Casumo – Modern Sportsbook Interface

Casumo

• 100% up to $1000
• Variety of betting options
• Fast payouts

• Launched: 2012
• Payout time: 1-5 days
• License: Malta Gambling Authority

• Mobile App: Yes
• Device Compatibility: Apple, Android & Windows
• Security Features: 128-bit SSL encryption technology

Play Now

With just a little under a decade of service under its belt, Casumo Sportsbook has consistently proven its relevance to the online sports betting sector time and time again. The platform is a top betting option for players in Canada, boasting competitive betting odds, massive betting markets, good bonuses, and a safe and secure environment for gamblers.

Although Casumo casino was launched in 2012, the platform opened its doors to sports bettors in 2018 and currently boasts a wide selection of markets. Its sporting options include all the major European and North American activities in addition to niche sports and novelty bets. Casumo’s list of available sports includes football, Soccer, golf, and Tennis, as well as other fun options like surfing, chess, winter sports, harness racing, darts, and more.

You won’t find any limitations in terms of betting types at Casumo, as its options feature all the standard bets like props, spreads, totals, moneyline bets, and more. Furthermore, punters can mix and match their bets to create parlays via the site’s bet builder function. Casumo’s live betting offer stands out to players as it regularly updates them on major incidents in the game and boasts an overhead map highlighting the game flow.

Unlike most gambling platforms with different bonuses for their various sections, Casumo has a one-size-fits-all offer. Creating an account and making a minimum deposit of $10 grants you a 100% up to $500 welcome bonus in the casino, sportsbook, and live casino. While this offer has a rather steep 30X wagering requirement, players are granted up to 183 days to play through this.

While checking out Casumo’s offers it was easy to see why the platform is so popular and lauded. Its casino offerings are even bigger and better, with almost 4000 games for users to try out. Our only request is that the platform look into crypto payments and add some exciting features to its web design.

Features Overview

5. SportsInteraction – Best for Live Betting

SportsInteration

• 125% up to $250
• Easy deposits and payouts
• Attractive web design

• Launched: 1997
• Payout time: 1-5 days
• License: Kahnawake Gaming Commission

• Mobile App: Yes
• Device Compatibility: Apple, Android & Windows
• Security Features: VeriSign Secure Socket Layer (SSL)

Play Now

With a reputation as one of the first online sportsbooks licensed in North America, it is no surprise that SportsInteration is regarded as a pioneer in the sports betting industry. The sportsbook boasts one of the biggest markets and betting options available to players in Canada and the US, ranging from massive professional leagues like the NFL, MLB, and NBA to amateur activities like College Football.

Niche sports like Esports are also part of SportsInteration’s sports betting offerings, as are non-sporting activities like politics, entertainment, and weather bets. Clicking on the “Recent” tab on the platform displays a drop-down menu of a few of the most recent sports leagues a player has visited.

The site’s bet types options are just as thorough, featuring standard options like money lines, totals, round robins, spreads, and more. SportsInteration also boasts competitive and accurate betting odds, providing players with generous sports promos. These offers grant users odds boosts, rebates, plus other sport-specific bonuses you can claim.

In addition to its impressive sports betting offers, SportsInteration boasts an even bigger welcome bonus for new players. Creating an account and making a minimum deposit of $10 grants newbies a 125% up to $250 sports welcome bonus.

SportsInteration has several other seasonal promotions existing players can cash out on, including its Blue Jay Pay Day offer and CFL Refund. All these offers and more are available on SportsInteration’s eye-catching website, which is undoubtedly one of the platform’s best features. The site makes navigation between the sportsbook, casino, and live casino easy with guides and prominently displayed prompts.

SportsInteraction is an excellent spot for Canadian sports bettors looking for a new sportsbook home. Its other impressive features include its various banking methods, attentive customer support, and excellent mobile version.

Comparing Offshore and Internally Regulated Sportsbooks

If you’re a dedicated sportsbook enthusiast, you’re probably aware that there are two types: offshore and internally regulated.  While both categories of sportsbooks might offer similar offerings in terms of game varieties and bonuses for players, there is still a depth of difference between them.

This difference lies primarily in the manner of operation, that is, how the sportsbook is run. Internally regulated sportsbooks operate under the supervision of gaming commissions or governing bodies within the bettor’s specific state or province. On the other hand, offshore sportsbooks function from regions beyond the bettor’s location, often in legal grey areas with minimal or no regulations.

Hence, in countries like Canada, where certain regions have betting restrictions, players often turn to offshore sportsbooks to access a wide array of betting markets or even more bonuses. However, in opting for offshore options, bettors may lack a governmental entity to address grievances if the sportsbook fails to fulfil a bet or breaches promotion terms and conditions.

In the case of an internally regulated sportsbook, all such complaints can be addressed by contacting the regulatory agency by email, phone, or any indicated means made available on their website.

The Legality of Offshore Sportsbook Betting for Canadians

Canadians are completely allowed to make wagers on offshore sportsbooks without fear of facing any legal consequences. This is because there are currently no laws specifically targeting Canadians who use offshore sportsbooks, although the authorities frown upon such sites.

How Winnings From Offshore Sportsbooks Are Taxed

Under Canadian tax regulations, individuals must declare all gambling earnings, including those from offshore bets, on their tax filings if they surpass a specified threshold, typically approximately $1,000. The applicable tax rate on these gambling gains depends on the individual’s income tax bracket.

As to why such winnings are taxed, tax authorities typically prioritize taxing income rather than scrutinizing its origin. They view gambling winnings—irrespective of where the bets are placed—as taxable income because the individual’s tax residency is within the country.

How To Register at an Offshore Sportsbook

Creating an account on an offshore sportsbook is relatively easy. Below, we have created a list of the necessary steps:

1. Choose Your Preferred Sportsbook: You can’t just pick any random sportsbook; you should choose one that fits your preferences. Try researching offshore sportsbook reviews online to help you make a selection.
2. Navigate to the Website: After choosing your preferred sportsbook, type in its website address. Next, click on the button or link that says “Join Now,” “Sign Up,” or “Register” and click on it to begin the registration process on the site.
3. Fill in Your Contact Information: As part of the registration process,  you will be required to fill out personal information such as your name, address, email, the last four digits of your social security number, and date of birth.
4. Create a Username and Password: Login to the site will require a username and password, so you must create one and properly store it for later use.
5. Verify Your Account: You may need to verify your account by clicking a link sent to your email or providing additional documentation.
6. Make a Deposit: After verification, you can choose a deposit method to fund your account and trigger your welcome bonuses.
7. Start Betting: Once your account is funded, you can bet on your favourite betting markets.

Popular Betting Markets in Canada

Sports is an activity that holds a significant place in Canada and the hearts of its residents. In this section, we will delve into some of the country’s most popular sports, their prominent leagues, and their diverse betting markets.

NBA

This is one of the most popular sports leagues in the world, so it’s no surprise it is much loved in Canada. The country boasts multiple teams in the league, including the Toronto Raptors, who won the NBA championship in 2019, and iconic squads like the Vancouver Grizzlies and the Raptors. Betting markets available for the National Basketball Association in offshore NBA betting sites include championship futures, player props, point spreads, and totals.

NFL

Despite having their own Canadian Football League (CFL), Canadians are still ardent fans of the National Football League. The NFL is widely popular for events like the Super Bowl, which garners a massive influx of fans worldwide. NFL betting sites offer a range of markets, including totals, point spreads, futures, and player props.

NHL

The National Hockey League is another activity that holds a special place in the hearts of Canadians. The country is home to several popular hockey teams, including the Toronto Maple Leafs and the Montreal Canadiens. Puck lines, player props, totals, and Stanley Cup futures are all betting markets for NHL betting sites.

Soccer

Soccer is one of the most popular sports in the world, boasting millions of fans worldwide. The best Canadian offshore betting sites cover soccer events like the La Liga, Premier League, Serie A, Champions League, and MLS, providing ample markets for fans to place bets. Most sites go a step further and offer betting lines for other soccer tournaments like the UEFA European Championship and the World Cup.

Baseball

Despite boasting only one MLB team— the Toronto Blue Jays— baseball is a widely loved sport in Canada. Some betting markets available for MLB in offshore sportsbooks include player props, run totals, money lines, and World Series futures.

Combat Sports

Combat sports like boxing and mixed martial arts, including the UFC, are incredibly popular in Canada. UFC betting sites have also grown in popularity alongside these activities, which feature competitions like the Octagon, have continued to spark the interests of Canadians over the years and show no signs of stopping anytime soon.

Golf

While Golf is a fairly popular sport in the country, the presence of Canadian golfing legends like Brooke Henderson and Mike Weir certainly adds to its appeal. The activity has betting markets for top-10 finishes, head-to-head matchups, and outright winners of events like The Masters and the Canadian Open.

Bonuses and Promotions Available in Offshore Sportsbooks

Sportsbook bonuses are designed to give players more thrills, whether joining a sportsbook for the first time or returning customers.

Welcome Bonuses

The welcome bonus is the first bonus players enjoy when they sign up for a sportsbook. The bonus amount can vary depending on the chosen sportsbook. The bonus may require a minimum deposit, and a predetermined amount is credited to the player as bonus funds.

Alternatively, players may receive a deposit match bonus, where the sportsbook matches a percentage of the player’s initial deposit up to a specific limit. For example, with a 100% deposit match bonus up to $1,000, if a player deposits $500, they would receive the maximum bonus of $1,000 in bonus funds.

No Deposit Bonus

Certain sportsbooks may provide a no-deposit bonus to entice bettors to explore their offerings without concerns about funding. This means that the sportsbook would grant a predetermined bonus fund without asking for a deposit. Although it is typically offered to new users upon their initial registration, returning players may also receive it as a gesture of appreciation for their loyalty in some cases.

Bet & Get Bonus

The Bet and Get bonus is another popular offer on offshore sportsbooks. Here, players are prompted to place a small wager, such as $10, on a betting market they choose. In return, they receive a predetermined amount of bonus bets, for instance, valued at $200. It should be noted that this bonus is awarded regardless of whether the initial bet wins, loses, or is voided.

First-Bet Insurance Bonus

The First Bet Insurance bonus is a protective measure for players placing their initial wagers with a new offshore sportsbook. It assures players that they can recoup a portion or all of their losses from the first bet made on the platform through bonus bet credits.

Parlay Insurance Bonus

Parlays, also known as accumulator bets, pose higher risks due to their requirement for multiple correct predictions. In a parlay, the entire bet is lost if any selection fails to materialize. Offshore sportsbooks try to reduce the potential losses by giving bonus bets or refunding a part of the staked amount if one leg of the parlay loses.

Reload Bonus

A reload bonus is tailored to returning players to encourage ongoing participation and loyalty. With this bonus, deposits made by returning players are matched by a specified percentage up to a certain amount. It could be a one-off bonus or players can enjoy the offering for a specified duration, as the promotion outlines. Typically, the offered amount is lower than the initial welcome bonus received.

Refer-A-Friend Bonus

To improve patronage, offshore sportsbooks often offer a referral bonus. Players who refer their family and friends will be rewarded with bonus bets or funds per person referred. The individuals referred may also receive similar, lesser, or more significant rewards.

When sportsbooks offer a referral bonus, they typically limit the number of referrals allowed within a certain period to deter potential misuse of the promotion.

Payment Methods for Canadian Players in Offshore Sportsbooks

Canadian players can access a variety of payment methods using offshore sportsbooks; we have listed them below.

Fiat payments

Many players on offshore sportsbooks opt for traditional fiat payments, and several options are available to suit these preferences. The most common methods are credit and debit cards like Visa and Mastercard. Players typically input card details directly on the website during transactions when using these cards.

Bank wire transfers and checks are also available but are preferred when making more significant transactions. They typically have a higher maximum value for withdrawals and a good enough minimum value for deposits; however, their use could sometimes come with extra processing fees.

Crypto

Cryptocurrency has become increasingly popular for transactions due to its speed and efficiency, particularly in offshore sportsbooks. Like many others, Canadian players utilize various cryptocurrency options, which outnumber those of fiat payments and e-wallets.

Many crypto betting sites will offer familiar cryptocurrencies such as Bitcoin, Litecoin, Ethereum, Ripple, Tether, Cardano, and Bitcoin Cash are commonly used. When a player initiates a deposit transaction, a certain amount of Bitcoin is deducted from their crypto wallet. This Bitcoin is then converted into its equivalent monetary value and deposited into the player’s account on the platform.

Conversely, the player’s winnings are converted into their crypto equivalent during a withdrawal. This crypto equivalent is then transferred from the player’s account on the platform and funded into their crypto wallet.

E-wallets

E-wallets provide added convenience for smooth transactions, as they can be accessed from anywhere without needing physical cards or cryptocurrency wallets. Among the e-wallet options commonly utilized by Canadian players on sportsbooks are PayPal, Skrill, Neteller, ecoPayz, and MuchBetter.

Thanks to its seamless design, transactions with e-wallets typically happen instantly, with delays usually arising only from technical glitches. However, players may need to navigate a complex initial setup process to link their wallets to their sportsbook accounts.

Best Sports Betting Sites Canada – Final Thoughts 

Offshore betting sites are a great way for Canadians known for their love of sports to bet on their favourite sporting activities and games. The sites reviewed in this guide are some of the best in the game, with awesome features and licenses from top sports betting regulators.

With so much choice, you are sure to find something to suit your preferences, whether that be football betting sites, cricket betting sites, Bitcoin betting sites, or anything in between!

So what are you waiting for? Check out these offshore sportsbooks, pick your new betting sites, and kickstart your sports betting journey today!

Updated on  September, 2024

by Lead Writer

Dan Eisenberg

Lead Writer Dan Eisenberg

Dan has been an avid sports psychologist and meteorologist for the latter portion of his life. He's a proud advocate of sports in youth clubs and had an incredibly rewarding experience as a consultant for his home state's Collegiate Athletic Board before starting OffshoreSportsbooks.com - a place to share his in-depth knowledge and sports expertise to a wider audience.

Fact Checked by

Nikola Velickovic

Senior Sports Consultant Nikola Velickovic

Nikola is a seasoned veteran in sports betting and has been working in the industry for over 7 years. His goal of educating others and sharing his knowledge on the topic has brought him to OffshoreSportsbooks.com where he regularly contributes to our cornerstone guides and news to help readers improve their sports betting game. If you don’t find him writing, you can bet he'll be studying sports stats!

Updated on September, 2024