Choosing The Best Online Sportsbook

As more Canadians turn towards online sportsbooks to satisfy their sports betting needs, the market for online sportsbooks in Canadian continues to grow. Now, more than ever it is important to know how to choose the best online sportsbook. On this page, we will discuss what to look for in a quality online sportsbook, differences between sportsbooks and sports lotteries, how to avoid bad sportsbooks and how to pick the best online sportsbook. 

Key Differences Between Online Sportsbooks

When you enter the market for an online sportsbook, it is important to remember that no two sportsbooks are created precisely equal. While the smaller, nuanced differences between the best online sportsbooks play more into a consumer’s preference, all the best options serving the Canadian market share many important qualities.

  • Betting opportunities (sports, games, type of bets available)
  • Customer service
  • Variety and ease of deposit/withdrawal options
  • Deposit/withdrawal speed
  • Bonuses and promotions
  • History and reputation, and promotions offered.
  • Secondary betting options (horse racing, esports, fantasy sports) 
  • User-friendliness of the interface
  • Mobile friendliness
  • Odds for games
  • Odds posting schedule

Any online sportsbook worth its salt should first and foremost be licensed and regulated. While there are different governing and licensing bodies for online sportsbooks (depending on location), all online sportsbooks worth checking out should have a license and provide information on their website about their license and how they are regulated.

Choosing a licensed online sportsbook is highly recommended. In the case of any dispute, fraud or other issues (most frequently involving money) the governing and regulating body can help customers. Unregulated sportsbooks can operate in a much shadier manner, whether it be withholding winning, arguing odds or straight up deleting accounts.

Outside of being licensed and regulated, there are other similarities the best online sportsbooks serving Canadians share. Great odds, large event selection, single bet availability, bonuses and promotions are just a few things any good online sportsbooks should offer to their users.

Diving deeper into online sportsbooks is where you will find the differences. Some offer higher limits, more events or greater promotions. These factors, combined with an individual’s betting preference often play an important rule when deciding on a sportsbook. Before choosing an online sportsbook, consider your style of sports betting. Understanding your own betting approach can help make picking an online sportsbook a more straightforward process. 

Most Important Aspects Of Online Sportsbooks

When making any decision in life, a broad understanding of a subject helps anyone make a better-informed decision. Choosing an online sportsbook should be no different. There are multiple different aspects of online sportsbooks to understand before picking the option that is best for you. The list below covers the most essential parts of an online sportsbook and why they are important. 

Odds and Betting Selection

Bonuses and Promotions

Deposits and Payouts

Mobile Site

Customer Service

Security

Reliability

Additional Features

How To Pick A Sportsbook?

When selecting a sportsbook, it is first good to have an idea of what type of sports bettor you are or plan to be. Once you decide what you need, our reviews help narrow down the many options available. Once you choose your online sportsbook, click the link on the review page to sign up and start your online sports betting experience. 

How Do Our Sportsbooks Reviews work?

With years of experience in the industry, we have crafted careful examinations of the best online sportsbooks serving Canadians. Our reviews focus on the most critical parts of an online sportsbook and point out the pros and cons of picking each option.

Reviews provide information on the important aspects of an online sportsbook, such as bonuses, odds, customer service and site functionality. Instead of visiting every site, we provide a ranked listing of the best options available in Canada, helping Canadians cut down their search time and focus more energy on actually betting on sports. 

Sportsbooks Grading System

Our sportsbook grading system uses a 1 to 10 scale to rate the most important aspects of an online sportsbook. While no option is perfect (currently no choice scored a 10 in every category), the best online sportsbooks available should score between 8 and 10 in the majority of categories graded.

Some online sportsbooks do score lower in certain aspects than others. However, this does not necessarily rule them out as an option. Certain online sportsbooks may forego high sign up bonuses for better odds or offer a greater range of betting events but lack a fully functional mobile site.

The grading system is a useful tool to pinpoint the strengths and weaknesses of top options available and help you make the best choice that reflects your sports betting needs. 

Differences Between Sports Lotteries and Online Sportsbooks

Before explaining the difference between sports lotteries and online sportsbooks, we shall acquaint those unfamiliar with the term sports lotteries. A sports lottery is a definition given to any sort of sports betting service that requires more luck than skill to have success.

What fits into a sport’s lottery? The provincial run sports betting programs available across Canada. These services handicap bettors, forcing them to wager a minimum of two events on every card. To make matters worse, they offer lower odds, a smaller selection and minimal options outside of spreads, points and totals.

With provincial sports lotteries either too slow or unwilling to change, many Canadians are turning to online sportsbooks for their sports betting needs. Online sportsbooks have significant advantages over provincial sports lotteries. These advantages include:

Better odds on events

More extensive selection of betting options available

Single bet options

Limited online services

Lack of futures for wagering

No live betting

Frequently Ask Questions 

Before picking and signing up for an online sportsbook, here are some of the most commonly asked questions Canadians have about online sportsbooks.

Why do I have to register an account?

What is the minimum first deposit?

What is the maximum first deposit?

How much or little can I bet at once?

Do all online sportsbooks offer the same odds?

What is the most common method of deposit and withdrawal?

How do I collect winnings?

What happens if I stop using my account?


Canadian Sportsbooks Guide

  • Lesson 1: How to choose the best sportsbook for you