Online Sports Betting in Canada
Horse racing was one of the first sports to become legal to bet on in Canada. But since the law changed in the 1960s, widening the possibilities of sports betting, that it has become increasingly popular. In fact, the country has a system called Sport Select (named differently according to the provinces), which is similar to the lottery as players buy tickets and fill them out with the results. Nowadays, it is also available online in some provinces.
|Is online sports betting legal in Canada?||Yes.|
|Are sports betting sites in Canada trustworthy?||Yes.|
|Can I deposit via PaySafeCard/Neteller/Instadebit?||Yes.|
|Do online sports betting sites accept CAD?||Yes.|
Online Sports Betting Laws in Canada
According to the Criminal Code (R.S.C.,1985, c.C-46), all forms of online gambling are illegal. Therefore, the same applies to online sportsbook sites in Canada. But provinces have legal jurisdiction over their territories when it comes to gambling, so there are bookmakers licensed in certain areas of the country.
The Canadian Pari-Mutuel Agency is a federal regulatory body, which is in charge of the pari-mutuel betting. One of the legal options of this system is the telephone account betting which allows a patron to transmit bets via telephone or online to a racetrack where the patron has an account.
The only form of betting allowed for Canadians is parlay bets, meaning they can only bet on the outcome of 2 or more events at once. This is why the Bill C-290 was proposed in 2012 so that Canadians can bet on a single event. Even though at the time online sportsbook news sites report that some major leagues - such as the NHL or the MLB - opposed the bill, the scenario has now changed, which is one of the reasons why the law might pass in a near future.
Moreover, as a result of this restriction, many bettors are using foreign operators, especially those that offer their services directly to Canadians, as they are based in the Kahnawake Mohawk Territory.
Online Sports Betting Payment Methods in Canada
Every operator wants to provide players with safe and fair environments, even those who are not licensed in the country. This means that the only payment methods available are transparent and legitimate. Thus, the credit and debit cards of VISA and MasterCard are commonly accepted. But there are also other alternatives that are as efficient, such as Instadebit, Skrill, Neteller or PaySafeCard. More information is available on the online sportsbook reviews directory.
Online Sports Betting Sites Accepting CAD
As Canada is such an important market, there are several online sportsbook sites accepting CAD. In this way, Canadians don’t have to pay conversion fees when placing bets on sportsbooks and are able to control better their current accounts.