The digital age we live in has made online sports betting such a popular activity because of the convenience and speed it offers. Sports betting has that same optimal functionality because it operates on the same principles as anything else that tries to do well in our age: offer as many ways to pay as possible, and do it as quickly as possible. Canadian bettors have their pick of the best that online sports betting has to offer, and that includes the top 10 sports betting sites we've ranked for 2023.
There is an online sportsbook or online casino out there that accepts your preferred payment method. What's more, the payment option you choose almost always comes with excellent sportsbook welcome bonuses, as we've listed in our guide to deposit methods. So, in this guide, we will give you the lowdown on which banking options you are most likely to find at top sportsbooks and online casinos, with a complete overview of what you can expect at each one.
Top Rated Online Sportsbooks
|
Operator
|
Bonus
|
Features
|
Claim Now
|
|---|---|---|---|
|
100% Match
Up to 600 $ |
|
|
|
Welcome package:
|
|
|
|
100% Match
Up to 23000 $ |
|
|
|
100% Match
Up to 1800 $ |
|
|
|
100% Match
Up to 900 $ |
|
|
|
100% Match
Up to 3000 $ |
|
|
|
100% Match
Up to $100 |
|
|
|
100% Match
|
|
|
|
100% Match
Up to 92200 $ |
|
|
What You Will Find on this Guide
Types of Deposit Methods
Different online deposit methods are offered to Canadian gamblers by different internet platforms. These platforms find it best to offer payment options that Canadians regularly use for online transactions. This allows for a smooth and seamless deposit experience for bettors across the country. So what are the actual methods that Canadian gamblers have at their disposal when it comes to making an online deposit? Here is a list of some of the most popular banking methods in Canada.
PayPal
-
Paypal – PayPal is regarded as an industry leader when it comes to online deposit methods.Play Paypal casino
- Review
Skrill
-
Skrill – Accepting over 40 currencies across the world, Skrill online payments are widely trustedPlay Skrill casino
- Review
Visa
-
Visa – Finding a betting site that takes Visa cards is not hard, as it is the most popular credit/debit card company worldwide.Play Visa Sites
- Review
Maestro Card
-
Maestro – An extension of MasterCard, Maestro debit card deposits are accepted internationally, linked with your prepaid card.Play Maestro Sites
- Review
Bitcoin
-
Bitcoin Betting – While not as popular in Canada yet, there are sites that offer sports bets using bitcoin.Play Bitcoin Sites
- Review
Wire Transfer
-
Wire Transfer – For safe and large deposits, Canada players prefer bank wire transfers.Play Wire Taransfer Sites
Review
Instant EFT
-
Instant EFT – The most popular alternative to the credit card in Canada is Instant EFT. It supports the major banks including FNB, Absa, and Standard Bank.Play Instant EFT Sites
- Review
MasterCard
-
MasterCard – As one of the biggest credit card systems in the world, MasterCard payment method is available at almost all the betting sites.Play MasterCard Sites
- Review
Neteller
-
Neteller – Neteller payment option enjoys a large following worldwide based on the fact that it provides quick and anonymous deposits.Play Neteller Sites
- Review
PaysafeCard
-
Paysafecard – the prepaid electronic wallet is popular for having fast transfers.Play Paysafecard Sites
- Review
What to Consider in Bank Deposit Options
We have compiled suggestions for finding a top online sportsbook. This includes examining the various banking options that sportsbooks offer for funding your account. Before registering with an online bookmaker, here are some factors to consider.
Sports Betting Minimum Deposit
New bookmakers will have a minimum sportsbook deposit amount that players can transfer to the casino. This amount is not negotiable - it is set by a bookmaker to ensure that players do not make multiple deposits, which could potentially incur fees and also potentially allow players to circumvent the next deposit rule that we will discuss.
Easiest Payout Sportsbook Options
In our review, we only consider the best online sportsbooks for both deposits and withdrawals. You may choose a sportsbook based on your preferred deposit method, but it's important that you also choose a sportsbook with a withdrawal method that works for you.
Best Mobile Sportsbook
Make sure the site you sign up with is compatible with mobile devices and the leading smartphone operating system. The top online gambling sites offer bettors the option to download a sports betting app. This means you can access your account from a mobile device, make quick cash deposits and start playing right away.
Safety & Security
Only consider betting sites that have a green padlock on the far left of their URL. This indicates that the player's personal information is being protected and kept secure by the bookmaker. We only recommend betting sites that use the latest and most advanced encryption technology to protect your private information.
Once a book has met all of these requirements, go to the cashier and add funds to your account to begin playing.