Credit Card Betting Sites in Canada

For those looking to engage in online sports betting in Canada, using a credit card is a popular and convenient method. The best betting site in Canada for credit card users is Betway, which allows you to make swift deposits with major credit cards like Visa and Mastercard. Betway not only offers a seamless transaction process but also provides an extensive range of betting options.

creditcard iconExperts have identified other top choices for credit card betting, including Bodog and LeoVegas. These platforms support various payment methods, enhancing the betting experience for users by offering flexibility and security. Each site has its unique features, making them suitable for different types of bettors.

In addition to Betway, other notable sites include Bodog, known for its combination of sports betting and casino games, and LeoVegas, which excels in live betting features. For a comprehensive understanding of these options, explore their benefits and drawbacks to find the best fit for your betting needs.

Top Credit Card Betting Sites in Canada

In Canada, several credit card betting sites stand out due to their security, diverse betting markets, attractive bonuses, and strong customer service. This review highlights the key aspects that make these sites favorable for bettors.

Expert Rating
Highlights
 
Welcome Offer
99/100 Read Review
$300
On first deposit
Visit 22bet
  • Enormous number of betting markets
  • Live & in-play betting with early cashouts
  • “One-click bet” system for fast, easy betting
93 Payout Ratio
$300 On first deposit
Visit 22bet
  • Enormous number of betting markets
  • Live & in-play betting with early cashouts
  • “One-click bet” system for fast, easy betting
22bet Review
  • Receive a 100% Bonus after your qualifying bets with a total stake of five times your initial qualifying deposit
  • odds of at least 1.5 on single bets or multi bets with cumulative odds of 1.7
94 Payout Ratio
  • Receive a 100% Bonus after your qualifying bets with a total stake of five times your initial qualifying deposit
  • odds of at least 1.5 on single bets or multi bets with cumulative odds of 1.7
20bet Review
19+. Gambling can be addictive, please play responsibly: This offer is only available to new players who made their first deposit and selected this offer as a welcome bonus. All players must be 18+ years old and of legal age to gamble. General 20bet Terms and Conditions apply unless otherwise stated.
  • Live Streaming
  • Early Cashout
  • Statistics and Handicapping Tools
93 Payout Ratio
  • Live Streaming
  • Early Cashout
  • Statistics and Handicapping Tools
Ivibet Review
19+. Gambling can be addictive, please play responsibly: This offer is only available to new players who made their first deposit and selected this offer as a welcome bonus. All players must be 18+ years old and of legal age to gamble.
  • Fast Withdrawals
  • Excellent Selection of Sports
  • Live Streaming
93 Payout Ratio
  • Fast Withdrawals
  • Excellent Selection of Sports
  • Live Streaming
Vave Review
19+. Gambling can be addictive, please play responsibly: This offer is only available to new players who made their first deposit and selected this offer as a welcome bonus. All players must be 18+ years old and of legal age to gamble.
  • Generous welcome offer and ongoing sports promotions
  • Good selection of sports
  • Competitive odds
93 Payout Ratio
  • Generous welcome offer and ongoing sports promotions
  • Good selection of sports
  • Competitive odds
Vulkanbet Review
19+. Gambling can be addictive, please play responsibly: This promotion offers three different bonuses: 100%, 125%, and 150% of the deposit total. • Opt-in required • Terms apply
  • Streamlined and simple user interface
  • Excellent new user bonuses & daily bonuses
  • Huge variety of sports & betting markets
93 Payout Ratio
  • Streamlined and simple user interface
  • Excellent new user bonuses & daily bonuses
  • Huge variety of sports & betting markets
Spin Sports Review
19+. Gambling can be addictive, please play responsibly: 1st Deposit - Free Bet up to C$ 200 • New customers only • Min deposit C$ 10 • Wagering at odds of 1.3+ to unlock free bet • Opt-in required • Terms apply
  • Fast Withdrawals
  • Competitive Odds
  • A Full Range of Sports and Betting Markets
93 Payout Ratio
  • Fast Withdrawals
  • Competitive Odds
  • A Full Range of Sports and Betting Markets
Slotimo Review
19+. Gambling can be addictive, please play responsibly: This offer is only available to new players who made their first deposit and selected this offer as a welcome bonus. All players must be 18+ years old and of legal age to gamble.
  • Excellent sports coverage
  • Generous welcome bonus with low rollover
  • Fast withdrawals
93 Payout Ratio
  • Excellent sports coverage
  • Generous welcome bonus with low rollover
  • Fast withdrawals
1bet Review
19+. Gambling can be addictive, please play responsibly: This offer is only available to new players who made their first deposit and selected this offer as a welcome bonus. All players must be 18+ years old and of legal age to gamble.
89/100 Read Review
$1000
On first deposit
Visit Betonline.ag
  • One of the best sports betting websites for bitcoin users
  • Large selection of betting markets, sports, and events
93 Payout Ratio
$1000 On first deposit
Visit Betonline.ag
  • One of the best sports betting websites for bitcoin users
  • Large selection of betting markets, sports, and events
Betonline.ag Review
  • Wide range of betting options with good odds
  • Live center with individual design options, like Multi-View
  • No App for download but strong mobile Version
94 Payout Ratio
  • Wide range of betting options with good odds
  • Live center with individual design options, like Multi-View
  • No App for download but strong mobile Version
Selectbet Review
19+. Gambling can be addictive, please play responsibly: General Selectbet Terms and Conditions apply unless otherwise stated.
  • Bet Builder
  • Cashout and Statistics
  • Sports Betting and Casino Games
93 Payout Ratio
  • Bet Builder
  • Cashout and Statistics
  • Sports Betting and Casino Games
MegaPari Review
19+. Gambling can be addictive, please play responsibly: This offer is only available to new players who made their first deposit and selected this offer as a welcome bonus. All players must be 18+ years old and of legal age to gamble.
  • Large range of betting options
  • Casino games and Live Casino
  • free deposits and withdrawals
94 Payout Ratio
  • Large range of betting options
  • Casino games and Live Casino
  • free deposits and withdrawals
Betonic Review
19+. Gambling can be addictive, please play responsibly: General Betonic Terms and Conditions apply unless otherwise stated.
  • Plenty of betting markets
  • Early cashout
  • Supports crypto and fiat currency
93 Payout Ratio
  • Plenty of betting markets
  • Early cashout
  • Supports crypto and fiat currency
Rabona Review
19+. Gambling can be addictive, please play responsibly: This offer is only available to new players who made their first deposit and selected this offer as a welcome bonus. All players must be 18+ years old and of legal age to gamble.
86/100 Read Review
$100
On first deposit
Visit Sports Interaction
  • Offers a wide range of markets
  • Friendly, accessible customer service
  • Complies with robust security
93 Payout Ratio
$100 On first deposit
Visit Sports Interaction
  • Offers a wide range of markets
  • Friendly, accessible customer service
  • Complies with robust security
Sports Interaction Review
  • Easy website navigation
  • Comprehensive list of deposit methods
  • Exciting live betting features
93 Payout Ratio
  • Easy website navigation
  • Comprehensive list of deposit methods
  • Exciting live betting features
Mr. Play Review
19+. Gambling can be addictive, please play responsibly: Applies only to new depositing players. Min deposit C$10. Max. Bonus $200. Offer is valid for 1st deposit only. The Welcome Bonus must be used with 14 days or it expires. Bonus subject to 9x wagering with min. odds of 2.0 per single bet or 1.40 per combo bet selection.

 

 

Understanding Credit Card Betting in Canada

Credit card betting is a popular option among Canadian sports bettors. Major sportsbooks across Canada widely accept credit cards for both deposits and withdrawals.

Advantages:

  1. Speed: Transactions are processed quickly.
  2. Security: Advanced encryption protects user information.
  3. Convenience: Easy to use and widely accepted.

Accepted Cards:

Each of these providers boasts strong security features and global acceptance.

How to Use Credit Cards:

  1. Sign Up: Create an account at your chosen betting site.
  2. Deposit Funds: Navigate to the deposit section, select ‘Credit Card,’ and enter the required details.
  3. Confirm: Complete the transaction and start betting.

How to deposit and withdraw with credit cards in betting

How to deposit with credit cards

You can deposit cash with a credit card in the same way you’d make any other purchase. Just sign into your sports betting account, head to the cashier/payments section of your account, and choose to pay with a credit card. Then, choose how much you’d like to deposit, enter your card details, and confirm the transaction. You’ll be able to start placing bets immediately.

How to withdraw with credit cards

In most cases, you can’t withdraw deposits with credit cards. You’ll have to use an alternative method of withdrawals like PayPal, Interac e-Transfer, a check, or any other withdrawal method supported by your preferred sports betting site.


Creating and Managing Your Betting Account

Creating and managing a betting account on credit card betting sites in Canada involves several key steps. Registration, depositing and withdrawing funds, and account verification are the primary tasks that ensure a seamless experience.

Registration Process

Registering for a betting account typically begins by visiting the chosen platform’s website or app. Users must provide personal information such as their full name, date of birth, email address, and residential address.

Next, they create a username and password for secure access. Some sites may also require setting up security questions.

Other important steps:

  • Email verification: A verification link is sent to the provided email.
  • Acceptance of terms: Users must agree to the platform’s terms and conditions.
  • Initial deposit: Some sites may prompt an initial deposit to activate the account.

 

 

How to open an account for a credit card

If you already have a credit card, you don’t have to take any other steps to get set up and begin depositing funds on sports betting websites in Canada.

But if you don’t yet have a credit card, you’ll need to apply for one. In most cases, this consists of a few simple steps:

1. Find the right credit card for you

There are hundreds of different credit cards available with different perks, interest rates, and bonuses in Canada, so we recommend taking the time to look over your available options before applying.

2. Fill out an application

You’ll need to fill out an application and provide your personal information, as well as information about your income, rent or mortgage, and other such details. Once you apply, the lender will run a credit check to determine if you’re qualified for a card.

3. Get approved and get your card

Once you’re approved for a credit card, you’ll be sent the card in the mail in a few days or weeks, depending on your card issuer. In some cases, you may be able to use your credit card number to start making online purchases immediately.


Deposit and Withdrawal Procedures

Depositing funds into a betting account is designed to be quick and user-friendly. Most betting sites accept multiple payment methods, including major credit cards like Visa and Mastercard.

Deposit steps:

  1. Navigate to the ‘Deposit’ or ‘Cashier’ section.
  2. Select the preferred credit card option.
  3. Enter the amount to deposit and credit card details.
  4. Confirm the transaction.

Withdrawing funds generally involves a similar process, making it easy for users to manage their funds. Identify the minimum withdrawal requirements and transaction fees, if any.

Withdrawal steps:

  1. Go to the ‘Withdraw’ section.
  2. Choose the payment method used for the deposit.
  3. Enter the withdrawal amount and confirm the transaction.

Account Verification

Account verification is a crucial part of maintaining security and compliance with regulations. Users may be asked to provide identification documents to confirm their identity and address.

Typical verification steps:

  • ID Verification: Upload a photo of government-issued ID (passport, driver’s license).
  • Proof of Address: Provide a recent utility bill or bank statement.
  • Credit Card Verification: Scan and upload the credit card used for deposits, ensuring only the last four digits are visible.

This process helps protect users from fraud and ensures the platform adheres to legal requirements.

Credit Card Transactions: Fees and Timeframes

Using credit cards for betting in Canada involves understanding deposit fees, the speed of withdrawals, and any currency conversion costs. Each aspect plays a crucial role in maximizing the efficiency and cost-effectiveness of your transactions.

Deposit Fees

Deposit fees for credit cards can vary widely based on the payment provider and the online betting site. While some sites may offer fee-free deposits, others might charge a percentage of the deposited amount.

Key Points:

  • Fee-free options: Some betting sites absorb the transaction fees.
  • Percentage-based fees: A fee, often between 2% to 3%, may apply.
  • Flat fees: Certain providers might impose a fixed fee per transaction.

Understanding these fees is essential to manage expenses effectively when funding your betting account.

Withdrawal Speed

The speed of withdrawals using credit cards is another essential factor to consider. While deposits are typically instant, withdrawals can take longer due to verification and processing times.

Main Considerations:

  • Processing time: Generally takes 3-5 business days.
  • Verification steps: Additional time might be required for security checks.
  • Fast-tracks: Some sites offer expedited withdrawal services, often with an additional fee.

Efficient withdrawal processes are crucial for timely access to winnings, and knowing the average timeframe can help manage expectations.

Currencies and Conversion Fees

Credit card transactions may incur currency conversion fees if betting sites operate in different currencies. Understanding these fees can prevent unexpected costs.

Important Factors:

  • Currency incompatibility: If the betting account is in a different currency than the card, conversion is necessary.
  • Conversion rates: Rates vary by card issuer and may include a fee of around 2.5%.
  • Impact on funds: Frequent bettors should consider using cards suited for international transactions to minimize fees.

By being aware of these potential costs, bettors can choose the most cost-effective options for their betting activities.

These details collectively impact the overall experience of using credit cards for betting transactions in Canada.


Alternatives to credit cards

Not sure that using a credit card is the best option for you when placing sports bets in Canada? Here are a few alternatives that may be a better choice, in some cases.

interac icon
Interac e-Transfer – If you have a Canadian bank account, the easiest way to fund your sportsbook account is with an Interac e-Transfers. The process is fast and supported by every major bank in Canada, and usually has very low fees or no fees at all.

skrill icon

Skrill – You can deposit money into a Skrill account using your existing credit card, then use Skrill to send money to a sportsbook account, or to make withdrawals. Skrill is supported by more than 2,000 gambling websites.


paypal icon

PayPalPayPal is widely accepted on many Canadian gambling sites, and it lets you fund your account with a credit or debit card, or with an ACH transfer, providing you with more flexibility. It can also handle withdrawals, unlike most credit cards.


 

Legality and Regulations of Credit Card Betting Sites in Canada

Credit card betting has become more accessible in Canada following recent changes in legislation. With the passing of Bill C-218 in August 2021, single-game sports betting was legalized. This regulation allows both federal and provincial authorities to oversee and tax betting activities.

Provinces like Ontario and Alberta have opened themselves to regulated betting markets. This means residents can now legally place bets using credit cards on complying sites. Such sites must adhere to strict guidelines to ensure fair play and protect consumers.

Key Points on Regulations:

  • Federal Oversight: The Canadian federal government sets the main framework, but provinces manage their regulations.
  • Provincial Authority: Provinces regulate specific sites, ensuring they meet local requirements.
  • Consumer Protection: Regulations focus on fair gaming practices and safeguarding personal data.

List of Provinces with Legal Betting:

  • Ontario: One of the first provinces to regulate and allow credit card betting.
  • Alberta: Announced its intentions to join the legal betting market.
  • British Columbia: Offers regulated online betting options.

Tips for using credit cards in betting

It’s always a good idea to use your money wisely, and think about the following things while you place bets with your credit card:

  • Take your time when selecting the best payment provider for you – If you’re worried about exposing your personal information, for example, it may be a good idea to deposit funds to a third-party service like Skrill using your credit card. Then, you can use Skrill to send money securely to the sportsbook.
  • Be aware of any fees which may occur – Credit card deposits at sportsbooks often have high fees and interest, since they are treated as cash advances. Make sure you’re aware of these costs and plan accordingly.
  • Make sure that your favorite betting site accepts credit cards – Thankfully, just about every sports betting website accepts credit cards, so this should not be a problem.
  • Know the transaction limits of your credit card – Your credit card has a maximum spending limit, and also likely has a cash advance transaction limit. Make sure you consult with your card issuer and know the transaction limits for your card before depositing cash for sports betting.

Credit Cards Are A Convenient But Pricey Way To Gamble Online

If you value convenience over everything else, credit cards are a good way to deposit money at online sportsbooks. You can quickly deposit cash using the same payment method you use for most other purchases – so the convenience is unparalleled.

However, compared to some other methods of depositing cash, like debit cards and Interac e-Transfers, credit cards have very high fees and costs when used for depositing cash at sportsbooks.

Additionally, using a credit card directly on a gambling website is not as safe as using a third-party service like PayPal or Skrill. If the website turns out to be fraudulent, your credit card information could be stolen – this is not possible with a third-party payment method.

For these reasons, we don’t really recommend using credit cards as your primary method for placing sports bets. They’re a decent option in a pinch, but their convenience doesn’t make up for these major drawbacks.