Home Odds CAD Betting Laws Bonuses High Limit Reviews Banking Mobile

Canada Sports Betting

Canada–Sports-Betting.ca is part of a national network of sports betting review sites, which provide country-specific information to consumers about online sports betting.

Australian Sports Betting

Bahrain Sports Betting

Bangladesh Sports Betting

Canada Sports Betting

Denmark Sports Betting

Egypt Sports Betting

Hong Kong Sports Betting

India Sports Betting

Kuwait Sports Betting

Malaysia Sports Betting

New Zealand Sports Betting

Nigerian Sports Betting

Norway Sports Betting

Pakistan Sports Betting

Oman Sports Betting

Poland Sports Betting

Qatar Sports Betting

Russia Sports Betting

Saudi Sports Betting

Singapore Sports Betting

South Africa Sports Betting

Sweden Sports Betting

UAE Sports Betting

©2015 Canada Sports Betting       18+        BeGambleAware.org      Gamble Responsibly

Canada Sports Betting Banking Options

These are the top sports betting sites if you live in Canada.  To deposit and withdraw funds to and from your betting account, you’ll use one of the banking transaction options listed below that are available Canadians.  I outline each of these banking options below so you can select the right one based on your own preferences with regard to ease of use, accessibility and transaction size.  Please note that if you are curious about using Paypal to fund your sports betting account, unfortunately Paypal does not process transactions to online betting providers for Canadians, whether in CAD or any other currency.  If you are looking for a similar solution, there are several listed below.  Beneath the explanation for each banking option, view the options accepted at each recommended betting site.                 

Credit Cards are accepted by every site in my list.  You should be aware that all Canadian credit cards treat transactions with online betting services and gaming services as cash advances, not as purchases.  This means that interest will accrue on the transaction from the date of your transaction.  While this might be good for when you first sign up as you no doubt have a credit card readily available, it is advisable that you sign up with one of the e-wallets, bank debit or other secure transaction services below so you can save on interest charges.

Bank Transfers are also accepted by every site in my list.  There is nearly no limit to the amount you can deposit or withdraw when using this method (though the betting site may have its own withdrawal limits).  To deposit, each site will provide you with a reference number and account details.  You will provide these to your bank so the funds can be attributed to your account.  Generally this will take 2 to 3 business days.

Interac Email Money Transfers are only accepted by Bodog.  You may access Interac transfers in your online banking profile from any major Canadian bank.  The Interac-set limit for transactions is currently $1,000.  Funding your account with this method is as simple as sending an email.  This is a great banking option to use as it is so fast, likely already at your fingertips and the charge to send money is usually little more than a dollar.

Entropay is essentially a virtual Visa card which is prepaid - meaning there is no credit check or application required.  It allows you to pay instantly and privately so that you don’t share your financial information with the betting service.  You can load your virtual Entropay Visa by using an actual credit card, your debit card or with your bank transfer and funds can easily be paid back onto your Entropay virtual Visa for transfer back to your original funding source.  If your funding source is a credit card, by using Entropay as the intermediary solution, you will avoid the cash advance interest charges as your credit card transaction will be treated as a purchase, not a cash advance.  

Instadebit essentially works like an online cheque.  You don’t fund an Instadebit account from another funding source as it is NOT an e-wallet.  You use Instadebit like a cheque to create a link between your bank and your merchant of choice.  Simply register with Instadebit, verify a bank account and then at your chosen betting site simply sign in and approve a transfer.  Transaction limits with Instadebit tend to be in excess of $10,000.  Transaction fees with Instadebit are about one or two dollars depending on the type.  Instadebit also allows you to pay easily with your mobile.

iDebit facilitates inexpensive online banking transfers.  Move money to and from your iDebit account with your Canadian bank account up to a limit of $1,000 per transaction.  Fees to move money using iDebit are around one or two dollars per transaction. Creating your account is free and allows mobile payments.

Ukash works like a gift card or gift certificate.  You simply go to the Ukash website to find one of over 15,000 Ukash partner locations across Canada (Like a post office, gas station or news stand).  At these locations, you will be able to buy a Ukash code in denominations of $15, $25, $50, $75, $100, $150, $250.  Your actual prices will be higher than these amounts.  The difference accounts for the fee that is split between the retailer and Ukash itself.  Actual respective fees are $16.95, $28.95, $54.95, $79.95, $105.95, $156.95 and $259.95.  

Paysafecard is also a similar to a gift card where you may buy in amounts of  $10, $30, $50 or $100 each with a unique 16-digit PIN.  You may combine up to ten cards for payments up to $1,000.  

EcoCard lets you send money securely independent of your bank account and without any sort of credit application.  The EcoCard is a physical card that you register for and use anywhere MasterCard is accepted.  You have total control over what is spent because you can only spend what is loaded onto the card.  Load funds from your bank account or another credit card.  This method would also save cash advance fees on your credit card.  

ClickandBuy lets you pay with your credit card or by debiting your bank account.  Very similar to Paypal, if you use your credit card through ClickandBuy, you will avoid the cash advance interest charges that you would incur by using the your card directly with the betting site.  Clickandbuy was established in Germany in 1999 and are an accredited Electronic Money Institution and is now headquartered in London and overseen by the Financial Conduct Authority (FCA).  ClickandBuy is now a subsidiary of Deutsche Telekom.  You can seamlessly pay with your mobile with ClickandBuy and use it with Pinnacle, Sports Interaction and William Hill.

UseMyFunds is secure, convenient and easy to use. It works with your existing online banking service, and there is nothing to download or install on your computer. Simply select UseMyFunds as their deposit method and you can then pay using your online banking service. You will receive an instant notification that the payment has been processed, just as you would with any other online payment method.  Plus you can set daily, weekly or dollar amount thresholds.

E-Cheques are simple and secure online payments to transfer money to and from your bank account quickly and securely.


BillPay is simply the ability for you to make a payment through your online banking profile.  Simply logon to your online banking profile and create a payee with the name and details of the associated sports betting provider.  If your betting provider accepts this method, they will provide you with the explicit details for payment from within your account.  If you make a payment before 3pm of a given business day, your payment will arrive the next business day for use in your betting account.

BillPay

BillPay (Online Banking)