Ontario Sports Betting Sites 2022
With online sports betting now legalized in Ontario there are new sportsbooks entering the fray at a breakneck pace. That’s why here at Canadian Sports Betting we have compiled all the top sportsbooks available in the province, ranking them based on their individual strengths, features, and more so that you can find the sportsbook that is best for you!
When looking through the list below you may find multiple sportsbooks that work for you and having open accounts with multiple oddsmakers can be advantageous depending on the amount of betting you want to do and how you plan on placing your wagers.
Best Sports Betting Sites in Ontario
When you’re looking for a sportsbook to bet with it is incredibly important to evaluate it from multiple perspectives. With each sports betting platform possessing its own unique capabilities, features, and style, you’ll need to do your research so you can make your first win a breeze.
But don’t worry, we’ve done all of the hard work for you. Below you can find all of the information you need on the top Ontario sportsbooks & apps and where they excel all in one easy-to-find place so you can start betting today.
BetMGM
One of the most well-renowned sportsbooks and online casinos, BetMGM is a fantastic online sports betting option for both new and experienced bettors.
BetMGM has a wide variety of betting markets, great odds, but their best feature by far comes from their parlay-focused betting tools. Located directly on the home screen of their online sports betting site you can find BetMGMs “Parlay Generator” a free tool that gives users pre-made parlays for users to bet on based on the matchups occurring that day.
This tool is particularly exciting as this gives sports bettors an easy, pre-built bet to add to their betslips, and can be used to help new sports bettors see how to build unique parlays that yield greater payouts.
BetMGM is undoubtedly one of the best online sportsbooks in Ontario and is a must-have for all sports bettors.
888Sport
Packaged in a sleek and easy to use design, 888sport is a top of the line online sportsbook. 888sport is a simple to use sports betting service, great for those who are new to online sports betting.
Offering a wide selection of sports and leagues to wager on, 888sport has something for all bettors to wager on. One of the key selling points in picking 888sport over other operators comes from their intuitive BetBuilder feature. This function allows players to see the most popularly wager bets of the day and can help bettors get a better sense of where the public is leaning, then decide whether or not to ride with or fade the public.
On top of this 888sport has a great live-betting/streaming service on its platform so sports bettors can follow along closely as their wagers unfold. 888Sport is a terrific betting option for any sports bettor.
DraftKings
A sportsbook that orginally began as a Daily Fantasy Sports operator has turned into one of the top dogs in the sports betting world, and there is good reason for that notion. DraftKings is easily one of the best sportsbooks available on the Ontario market, with terrific odds and features throughout their online sports betting platform, their insanely vast betting market is a thing of beauty.
With more options than a bettor could ever ask for, DraftKings supplies players with anything they could ever want to bet on while using a sportsbook. From types of bets to what you want to wager on, DraftKings more than likely can provide it for you.
Another fantastic feature on DraftKings is its DK Social platform. This is a service where sports bettors both casual and working alongside DraftKings can share betting tips & picks daily, allowing for users to build both a sense of community while using the online sportsbook, but also find the best bets available.
DraftKings certainly is a top-tier sportsbook that anyone looking to get into online sports betting should seriously consider.
Bet365
A longstanding and proven online sportsbook, Bet365 is a fan favourite in the sports betting world. Providing top notch service as well as competitive odds on all bets place.
Well organized and easy to scan through, Bet365 makes finding your perfect wager as easy as one-two-three. Bet365 provides players with several great banking options, making playing with their sportsbook an easy and stress free process. With multiple options players can play how they want, and withdrawing is never a hassle.
If you are looking for a safe, easy to use, and reliable online sportsbook, don’t look any further than Bet365.
PointsBet
One of the first sportsbooks to officially enter the Ontario online sports betting market, PointsBet brings a fresh look and visually appealing user interface to a fully functional and exceptional fun to use platform.
Gambling at PointsBet gives players a sense of pleasure that is hard to find in a sportsbook. PointsBet prides themselves on their speed, able to get funds deposited into your account and have your winnings withdrawn back to your account in a flash. Pairing this with their terrific customer service, users get a personable feel when using PointsBet.
One of the best features included on the PointsBet platform is the perfect mix of their user-friendly service and sportsbook functionality with their Name a Bet system. PointsBet allows users to send in and request their own personalized bets and will be given odds attached. There are some stipulations and restrictions that apply to this promotion but it doesn’t change the fact that it is a rare feature to be included with any sportsbook.
PointsBet is as good as it gets for attentive service in the online sports betting market, coupled with great odds and large betting market, PointsBet is a great sportsbook to add to any bettors inventory.
How to get Started With an Ontario Sportsbook App
Now that you know which sportsbooks are best in their respective areas, it’s time to pick the betting service that fits your needs, sign up, and place your first bets! Signing up with any of these sportsbooks is a simple process that should only take you a few minutes but will require you to have both personal and financial information at the ready.
First, head to your selected sportsbook and select the sign up section and enter your desired username and password. Once that’s complete you will need to verify your place of residence as well as your age to ensure you fit the legal requirements to bet on sports online (Ontario resident, at least 19 years old).
Once those credentials have been verified by the sportsbook you will be moved on to the financial section of the sign up process. Here you will be given multiple options on how you would like to make your first deposit with the sportsbook which could include but is not limited to Interac, credit card, and e-wallets.
Once your deposit has been made you should see your funds load into your account (deposit times may vary depending on the selected payment method) and once they are there, you’re all set to place your first bet and start earning some big-time wins!
Best Ontario Sportsbooks: Deposit & Withdrawal Methods
We have briefly gone over how banking with an online sportsbook works already in this article but let’s take a deeper dive into one of the most important factors of online sports betting.
Each deposit/withdrawal method has its pros & cons so it truly is up to the individual to decide what works best for them depending on their financial situation, but one of the easiest, fastest, and cost-free methods to deposit and withdraw funds is through Interac debit transferring.
Making deposits through Interac allows users to make an e-transfer to an online sportsbook and generally results in the immediate depositing of funds into your account. This quick and efficient payment option allows bettors to play with funds that they currently possess and does not charge a fee for making the deposit (as opposed to credit cards or e-wallets).
Withdrawals are light work as well, with your funds reaching your account in a few business days depending on the time the withdrawal request is made. Your withdrawn winnings will be deposited directly into your bank account for a stress and hassle-free process!
Understanding Ontario Online Sports Betting in 2022
With an ever-changing and growing market, understanding how online sports betting in Ontario works can be difficult for those that are new to this arena. But don’t sweat it, it’s far less daunting than it appears.
Ontario does have its own set of rules and regulations that differ from other areas of the world in terms of sports betting laws and regulations so it is important to know and understand some of these distinctions.
Single Game Betting in Ontario is a Go!
In 2021, Ontario passed Bill C-218 also known as the Safe and Regulated Sports Betting Act which enabled an amendment to the Canadian Criminal Code to allow for single-event wagering in the country. This was a groundbreaking move in the Canadian sports betting world and set the stage for online sports betting to become legalized and regulated in Ontario the following year in 2022.
Single-game betting is a lucrative and attractive avenue for all sports bettors that allows players to wager on multiple areas of a game including the outcome, events within the game, or parameters to be met before, during, or at the end of a matchup.
Types of Legal Gambling in Ontario
There are several types of legal gambling strategies that players can make use of in Ontario. Originally, Ontario residents were only able to bet through Proline at OLG retailers which only allowed for parlays between 3-6 picks per wager.
Now with the opening of online sportsbooks in the province, betting options have completely expanded and Ontario residents can now bet in a multitude of ways to maximize their potential winnings.
Moneyline Wagers
As simple as a wager gets, a moneyline bet is a single-game bet in which sports bettors wager on the direct outcome of a matchup. This could be applied to any sport or event where there is a distinct winner and loser in the event. Odds will vary between the underdog and the favourite but it is up to the player to make the winning selection.
Point-spread Bets
Another single-game wager, point-spread bets are based on the projected score of a matchup. In this type of bet, the favoured team will be represented by a minus symbol (-) and the underdog will be represented by a plus symbol (+). The attached numerical value represents the expected point differential in the matchup.
For example, if you were to bet on the favoured Green Bay Packers at (-6.5) against the San Francisco 49ers, that means to win this wager, the Packers would have to win by seven or more points. Even if the Packers were to win the game but by less than seven points your bet would lose.
Point-spread bets can be great for bettors who are confident with a favourite and are looking to increase their possible winnings, or for bettors who think a game will be tightly contested but aren’t sold on the underdog’s ability to go all the way.
Prop Bets
Prop bets can be a fun and unique way to bet on sports. A proposition (prop for short) bet means a bet that revolves around an event that could transpire during a matchup. These bets can be specific to a team, player, or event within a matchup and can add a different form of excitement for bettors.
An example of a prop bet is anytime goal scorers in hockey. If you wager on Sidney Crosby to score against the Toronto Maple Leafs and he lights the lamp in the first period, you would win your bet. But if Sid the Kid is kept off the board your wager would lose.
Prop bets come in a variety of forms and the possibilities for them are nearly endless within the confines of a game.
OVER/UNDER Bets
OVER/UNDER bets or Totals bets are similar to point-spreads as they revolve around a projected matchups score, but instead of picking a side in the contest, you are only concerned with the total you are wagering on.
For example, if the Toronto Blue Jays are facing off against the New York Yankees and you bet OVER (9.5) total runs, the combined score of both teams must equal 10 or more in the matchup in order for you to win your bet.
Parlays
A great way to add some value to your betslip while wagering a lower amount, parlays can give a bettor the potential for massive paydays. A parlay is when you combine two or more bets into one betslip. By doing so you are combining the odds of each wager to make the total return greater, but there’s a catch. In order to win this bet all of the selected wagers must win, if even one bet loses, so do you.
Daily Fantasy Sports (DFS)
A completely different animal from the above bet types, daily fantasy sports allows bettors to draft a lineup of players who are participating in a game that same day, and the goal is to have the highest fantasy point total possible.
Each player will have a certain “salary” attached to them and the bettor will only have so much “cap space” to fill out their fantasy roster, so deciding where to invest your funds can take a lot of thought and consideration. Once your lineup has been selected you can enter your drafted team into various pools that can differ in buy-in price as well as prize money totals.
Sportsbooks like DraftKings and FanDuel originally made a name for themselves in the DFS market but after opening their sportsbook service in Ontario, both companies decided to remove their DFS service from the online provincial marketplace.
What Age Can I Bet on Sports Online in Ontario?
In Ontario, you must be 19 years of age or older to legally bet on sports online. This can vary from province to province so be sure to be informed on the legalities of your province before you start placing sports bets online.
What Ontario Sportsbooks are Currently available to Download?
Since legalized online sports betting launched in Ontario dozens of reputable sportsbooks have opened within the province and are available for download on both iOS and Andriod app stores. This includes some of the most well-known oddsmakers such as Bet365, DraftKings, and BetMGM.
Who is in Charge of the Ontario Sports Betting Market?
While each respective online sportsbook has its own ownership & management teams, within Ontario, the Alcohol and Gaming Commission of Ontario (AGCO) is responsible for enforcing all laws and regulations that are applied to all Ontario sportsbooks.
When Did Legal Online Sports Betting Launch in Ontario?
Legal online sports betting launched on April 4th, 2022, in Ontario. This was made possible after the passing of Bill C-218 in 2021 which legalized single-event betting in Canada, which set the stage for online sports betting to come into the province of Ontario the following year.
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