Top-Ranked Sportsbooks in Canada – Sports Betting Sites 2022

Your favourite sportsbook in Canada will have all the top sports you love to play whether it’s baseball, hockey, horse racing, or football. The top sportsbooks will be supported by white label sportsbook providers.

Let’s look at the best sports to bet on at the best online sportsbook.

What is a Sportsbook Bet?

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If you’re wondering, how does a sportsbook work, we’ve got you covered. You bet on sports through a variety of ways. There are live games where you can bet during the game where other bets require you to place your bets before the game. There are sportsbook betting lines and odds for a comprehensive list of sports games and events.

You have options for your bets as well. You can bet on point spreads and money lines. Money Lines are involved with single game betting. You can bet on the total of the game and parlay bets as well. The best Canadian sportsbooks are going to offer sportsbook betting tips as well, improving chances of making the right choice. You can see future odds, which help you predict how teams are going to place in a championship, season, playoffs, or big sporting like the Super Bowl. 

What Can You Bet On?

Sports betting sportsbook sites give you a plethora of options with most covering the major sports in North America. This includes NHL, NFL, NBA, and MLB. There are various leagues for hockey, basketball, baseball, and soccer. You’ll also see other sports including:

  • College sports
  • Horse racing
  • European football
  • Tennis
  • Golf
  • Combat sports (MMA)
  • Motorsports
  • Entertainment betting
  • Political betting

Best Canadian Sportsbooks for 2022

Sportsbooks in Canada are going to give you all the best sportsbook betting lines, percentages, odds, and payouts. Here’s our list of the best online sportsbook sites for Canadian players.

How to Find the Best Sports Betting Sites in Canada

When looking for the best sportsbook bets today, you want to get on the best site first of all. When we did our review of the best sportsbook sites, we checked for:

  • Trustworthiness
  • Licencing
  • Betting options
  • Languages
  • Bonuses
  • Odds
  • Payouts
  • Player reviews
  • Banking methods

If you want to get in on the best sportsbook payouts while playing at a secure site, we’ve got your covered. The site should have clear instructions, information on sports, good reviews, and excellent payouts, odds, best sportsbook sign up bonus, licensed and regulated. Even if you’re playing in Canada, the bookie doesn’t need to be Canadian. You can play on international sites, giving you more options with the top sportsbooks sites globally. 

However, you want to know that the owner is using the right processes and that all your interactions and transactions are safeguarded. On our list of sportsbooks, we’ve made sure they’re licensed but it’s also something we recommend you check out for yourself. You can always find licensing information at the footer of any page.

There are new casino sites to try that include a sportsbook section. New casinos that are licensed are secure to play on and often, they’re trying to make a name for themselves. This benefits you because they will likely offer generous bonuses like a no deposit bonus sportsbook offer. They will have some of the best sportsbook match bonus offers as well as they try to attract players to their new site.

You want to see the best sportsbook betting odds as well with a variety of languages available. We also like to see the best deposit methods for secure banking. Here are some other important factors that should be involved in your decision on choosing the right sportsbook site:

  • The country the site is registered and licensed in.
  • Which regulating body regulates the site.
  • The level of security used to protect your information.
  • Reviews give you legitimate information from customers that have used the site.
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The Best Online Sportsbook Bonuses

You can find the freshest casino bonuses to amp up your betting experience. There are plenty of online sportsbook bonuses that sites will offer to set themselves apart. This includes bonuses, user-friendly odds, and much more. While some booking sites focus on giving you the sportsbook betting percentages and prices, others will focus on bonuses. Here are some of the sportsbook bonus options you can expect at the top Canadian sites.

Sportsbook Sign Up Bonus

Players can earn bonuses on signup to get you going. This can include getting a no deposit bonus sportsbook offer. Free bets can be accepted or rejected where you get free money during your account set up. New customers can usually get a sportsbook match bonus upon your first deposit as well. Any promotion will have terms and conditions so make sure to check them out before accepting any bonus offer.

Sportsbook No Deposit Bonus

The no deposit bonus sportsbook is an excellent way to check out the site without investing any money. These types of bonuses are often given as an incentive for signing up or as a gift for your loyalty. You get free money to play with, no strings attached.

Sportsbook Match Bonus

The sportsbook match bonus is a great way to increase your funds for extra play. When you deposit money, you may be able to claim a match deposit up to 100%. That means, if you deposit $40, the sportsbook will add another $40 on top of it and you’ll have $80 to play with.

There are terms and conditions associated with these bonuses like wagering requirements that need to be met within a certain time. It’s best to check them out so you can decide if you can meet the terms and withdraw any winnings attached to the bonus.

Sportsbook Reload Bonus

The best sportsbook reload bonuses offer you extra incentives when you deposit money into your account. You may get some free bets or free cash added to your account. It’s often like a welcome offer bonus, but you receive it for additional deposits beyond your first one. You may receive a sportsbook deposit bonus code that you can use when you’re putting down your next deposit.

The Best Sports to Bet on in Canada

Sportsbooks in Canada have made it easy to bet on all kinds of sports. There are obviously top tier sports that Canadians tend to bet on like the NHL or any hockey tournament involving a Canadian team. Other top sports include NBA, NFL, and horse racing.

The best sportsbook bets today involve exciting fast-paced sports that can change at any moment. This is certainly the case with games like football, basketball, soccer, and hockey. There are a myriad of options when it comes to sports betting and it’s safe to say that Canadians have access to all sports they care about.

Not only do you have your choice on how to bet on a game, but you can also bet on future outcomes for the whole season. If you’re sure that the Chicago Blackhawks will win the Stanley Cup, you can bet at the very beginning of the playoffs.

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Sports Betting Tips for Canadian Players

We recommend that you check out the up-to-date information that sportsbooks in Canada offer their players. You can get in on the sports league scoop, sportsbook review odds, ranking, the bookies top picks for sports, and predictions. Knowledge is power and you have full access to it. You can find out how to decipher sportsbook betting lines and figure out the best sportsbook payouts easily. All the resources are available to you. You may know the players on your team but it’s important to have the full story of any sport you want to bet on.

Sportsbook betting lines and odds come with endless options. You can bet on point spreads and single game betting as well as totals and parlay bets. For more advanced betting, you can opt for things like NHL puck lines. There are so many aspects to how you might bet on one game. If you are sure your favourite player on the Toronto Maple Leafs hockey team will score first in the second period, you can place this particular bet.

Future odds allow you to predict how a team will finish the season or how they’ll do in the playoffs. There is live betting and in-play betting so if you think the game might be turning, you can bet in the middle of the game.

Here’s a few main bets you can make.

Favourites vs. Underdogs

When a betting line is released on a game, the oddsmaker will decide which team is the favourite and which is the underdog. The favourite team will get a minus sign next to its odds. The underdog is expected to lose, and they’ll get a plus sign next to their odds. If the game outcome is uncertain, books will call it a “pick” or “pick em.”

Spreads

A common way to bet on a favourite or underdog is a point spread. The point spread is where you can bet on the margin of victory. The bookie will determine what the margin of victory is. Spreads are available on all sports but are most often used when betting on higher-scoring sports like football.

Moneylines

You can use money lines to bet on favourites or underdogs. This bet is based on what team will win the game. Favourites get a minus designation like -200. This number indicates that you have to risk $200 to win $100. As favourites are expected to win, you have to bet more. Underdogs get a +200 and if you bet $100 on

 them and they win, you get $200. If they lose, you lose $100 as they’re expected to lose. Money Lines are commonly used on low-scoring sports like hockey.

Over/Unders (Totals)

As well as setting sportsbook betting lines, oddsmakers will set a total number of points scored by both teams combined during a game. This is the over/under and you can wager on whether the game is going to either go Over or Under. Be sure to understand sportsbook betting odds and the sportsbook betting percentages.

Frequently Asked Questions

What is a sportsbook?

It’s a platform that allows you to bet on sports with varying odds, ways of betting, and valuable information on game stats.

Which sports can I bet on?

You can bet on all the major league games like NHL, NFL, NBA, and more. You can bet on golf, hockey, basketball, baseball, rugby, and a myriad of other sports. There are many leagues available within all sports as well.

Is sportsbook betting legal in Canada?

Yes, it’s legal to do sportsbook betting in Canada as long as the site is fully licensed and regulated. You can use offshore sports betting sites legally as well.

What is the best sports betting site?

The best sporting betting site depends on the kind of sports you like and the bonuses they provide. Check out our list of the best sportsbook sites online for Canadians.

Are mobile betting apps available in Canada?

Yes, you can play on the go with the best mobile sportsbook options. Many of the sportsbooks are optimised for mobile use and make it easy to place bets and stay on top of them.

Who regulates sportsbook betting in Canada?

Prior to 2021, it was provincial lotteries that would operate online betting sites. Each province has their own betting options and while there is a big grey area for sports betting, Canadians are legally allowed to wager at offshore sportsbooks.

Who sets the sportsbook odds online?

There is a head oddsmaker that sets the line on events. They look to computer algorithms, power ranking, futures, and consultants to properly set sportsbook odds online.