Best Sportsbooks Suggestions for 2024 in Canada

It is that time of the year when you might want to review some of your old preferences to see if they still hold up and are still relevant. Therefore, we went over the local Canadian betting landscape to see what is out there and whether anything has changed since last year.

If you have your favorite “go-to” betting website, which you are absolutely satisfied with – you should definitely stick with it. However, if sometimes you find yourself thinking that you are open to exploring other options, we’ve put together a list of operators that you might be interested in.

With the above in mind, we still strongly encourage you to take this article purely as a recommendation and to do your own research as well.

Just in case you don’t feel like going through the entire text, the brands we would like to recommend are:

·        Fbet – New Canadian Sportsbook Operator

·        LeonBets – Local License and Weekly Offers

·        1win – Best Option for Crypto Betting

Local Regulators and International Betting Brands

The status of sports betting as an activity may differ between provinces and knowing that difference might be quite useful. At the moment, there are two main local regulatory organizations that oversee sports betting activities in Canada.

Kahnawà:ke Gaming Commission – having its regulations in place since 1999 this is the oldest regulatory organization in Canada. They are actively working with many different brands, most of which come from overseas. A full up-to-date list of all permit holders can always be found on the regulator’s official website.

iGaming Ontario – is a relatively new organization, which was formed only in 2021 and focuses on creating a safe and transparent iGaming environment in the province of Ontario. In this article, we aren’t going to cover any Ontario-specific providers.

You might also find that some betting operators that you have access to in Canada will not have any local licenses. In such cases, usually, you will find that the brand in question holds a Curacao or MGA (Malta Gaming Authority) license. That is perfectly fine and you can use such operators for online gaming activities.

Fbet – New Canadian Sportsbook Operator

Fbet is a betting brand tailored specifically for Canadian sports fans and it is the newest addition to the local betting scene. Being established only in mid-2023, Fbet hasn’t been around for long, nevertheless they already have a solid and rapidly growing player base. At the moment they operate under two separate licenses – a Curacao eGaming license and a Kahnawake Gaming Commission license.

While one of the most important strong sides of Fbet, in our opinion, is their payment method variety, they have a few other aces up their sleeve. Some of which include:

·        A generous welcome offer

·        Live video streams of sporting events

·        A mobile application

A Good Combination of Traditional and Innovative Payment Options

Like we already mentioned earlier, one of the key things that stands out at Fbet is the variety of payment methods to choose from. You can make deposits and request payouts using traditional and well-known instruments like Interac and / or Instadebit. However, you also have a chance to use electronic wallets and a wide range of crypto currencies.

A few things you might want to know about payments at Fbet:

·        The minimum deposit amount for most payment methods is C$10.

·        For crypto payments, Interac e-Transfer, and Instant Bank transfers the minimum deposit amount is C$20.

·        The minimum amount you can withdraw from your player account is C$30 for all payment methods except for cryptocurrencies.

·        The minimum cryptocurrency withdrawal amount is an equivalent of C$10.

LeonBets – Local License and Weekly Offers

Leon bet, on the other hand, is a fairly mature betting brand and a well-known name in the sports betting industry. The brand itself was founded in 2007, so they are indeed an industry veteran. Nevertheless, they haven’t been in Canada for that long. Leonbets have originally opened up their website for local sports fans in early 2019. At the time, they were operating under a Curacao license and obtained a valid Kahnawake Gaming Commission one only later that year.

One of the key aspects we would like to draw your attention to are Leon’s weekly offers, however that’s not the only good thing about them. Other things that are still worth mentioning are:

·        You get a risk-free bet

·        Cryptocurrency is accepted

·        Interac payments available

Everyone Gets a Bonus Every Week

Leonbets don’t have an awful lot going on in their Canadian promotions section. Nonetheless, the things they do have are pretty cool. First off, as we already mentioned above – as a new player, you are going to get a free bet as a welcome present.

After you are done with your welcome present, as an active player, you can get a deposit bonus every single week. A special “Sports Booster” option will become available on the deposits page, this offer is a 50% bonus up to C$500. However, bear in mind that the bonus funds obtained from the weekly offer will be valid only for 72 hours.

1win – Best Option for Crypto Betting

1win Canada is the final name we’d like to mention in this article and they are one of the best options for those of you who want to bet on sports with cryptocurrency. Here, you will not have access to the usual payment methods available with other betting operators we mentioned earlier. Some available alternatives to crypto payments are: Neosurf, Astropay and card (MasterCard, Visa) payments.

When it comes to crypto, 1win supports over 20 different currencies, so whenever you want to request a withdrawal, you can choose which one to use. You can potentially use a different kind of crypto for each payment you make.

Exclusive Promo Code – 100CAD

If you keep reading this far, we have a little present for you. This is an exclusive promo code – 100CAD. You can enter this code on the registration page to get an extra warm welcome as a newcomer. However, do keep in mind that it is only applicable to new players, so if you already have an account, you will not be able to use it.

Generous Welcome Offer

1win has quite an interesting welcome offer for new players from Canada. When you register a new account and make your first deposit, you can get a 200% bonus up to C$850. However, everything doesn’t end there, the welcome package consists of three more bonuses: a 150% one and two 100% ones. All of them can be up to C$850.

Bet Responsibly

We would like to close this off with a few words about the importance of maintaining healthy betting habits. Betting should be a fun hobby that makes your favorite sporting events even more exciting, it shouldn’t make your life harder.

Nonetheless, there might be situations where you could feel like you are losing control and are betting more than you should. This is usually an indicator that you need to take a break. However, if you are unable to take a break and feel a constant urge to place more bets – you should consider seeking assistance. There are likely some local organizations that you can turn to in your community or you can start online if that sounds like a better option.

We can recommend gamblingtherapy.org as a good place to get help online. You can talk with trained professionals and even take part in group discussions, where you can listen or talk if you are comfortable enough. 

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