The Canadian sports betting market is growing rapidly. The majority of online sportsbooks accept Canadians gladly because the market isn’t saturated like in some countries and the legal landscape is much more inviting than below us in the United States.
Best Canadian Betting Sites
|MMA Betting Site||Bonus||Rating||USA?||Review||Visit|
|5Dimes MMA Sportsbook||$520||Our review||Bet Now!|
|UFC Betting Sports Interaction||$125||Our review||Bet Now!|
|SportsBet Reduced Juice Betting||$520||Our review||Bet Now!|
|Unibet MMA Betting||$50||Our review||Bet Now!|
|OHMbet - Best UFC Odds in the World||$100||Our review||Bet Now!|
|UFC Betting at Ladbrokes||$50||Our review||Bet Now!|
|Bodog MMA Sportsbook||$100||Our review||Bet Now!|
|UFC Betting at BetDSI||$300||Our review||Bet Now!|
|Bet365 UFC Sportsbook||$200||Our review||Bet Now!|
|BetOnline MMA Sportsbook||$900||Our review||Bet Now!|
Choosing the Best Canadian Sportsbook
There are a number of great sports betting sites in Canada that you can’t go wrong with. When choosing an online sportsbook to bet with in Canada you want to ensure that the bookmaker is licensed although not necessarily licensed in Canada.
The Kahnawake Gaming Commission licenses online sportsbooks, but most bookmakers are licensed outside of Canada. Apart from betting with a licensed sportsbook you also want to ensure you’re getting competitive odds and fast payouts.
All of the betting sites above accept Canadians and have excellent MMA markets to wager on. You’ll also be able to wager on other popular sports in Canada. You’ll have the ability to bet on hockey (NHL), football (CFL & NFL) and much more.
Whether you want to bet on the UFC, Bellator or in some cases even amateur circuits in Canada you’ll have access to the latest betting markets at the leading sportsbooks. Most betting sites also have international MMA coverage nowadays as well.
You may also want to bet wager in $CAD rather than in $USD. Most bookmakers accept multiple currencies and what you do is simply select your preferred currency when registering your account. The Canadian sportsbooks above all accept $CAD.
Popular Canadian Deposit & Withdrawal Options
One thing that every bettor is concerned about is getting paid when they win. In some countries, including the USA, payouts can take weeks to process and receive. At the best Canadian sportsbooks you’ll be able to receive payouts in less than 24 hours.
Credit cards and debit cards have a high success rate for Canadians when depositing, but you need to consider the costs to fund your account using these methods. In most cases they cost considerably more than using an electronic wallet (E-Wallet).
In Canada we recommend that bettors use Skrill (Moneybookers), Neteller or InstaDebit. Skrill and Neteller are used by millions of customers around the world. Both e-wallets have low fees and you can withdraw from your account to both e-wallets.
InstaDebit allows you to deposit using your debit card without giving the sportsbook your banking details. Deposits are instant when using most methods. Withdrawals are quickest when using an e-wallet and in most cases it’ll take under 24 hours.
Is it Legal to Bet Sports Online in Canada?
The majority of our readers have no idea if it’s legal to bet online in their home country. In Canada there are no laws preventing Canadians from betting on sports online. It’s illegal to run a sportsbook in Canada, but its fine to bet with an online bookie.
The Canadian provincial governments run sports betting operations that residents can access at most corner stores or in other establishments like casinos. However, the odds are terrible, payouts are small and that’s why most bettors have moved online.
Another concern that winning bettors have is whether their profits will be taxed in Canada. Thankfully, the government doesn’t require you to pay taxes on your sports betting winnings unless you’re a “professional gambler”, in which case you have to pay.
Basically, if you don’t have any other income coming in then you’re going to have to claim you’re a professional bettor. As long as you have a job you won’t have to pay taxes on your winnings and you don’t even need to worry about claiming them.