Best Sports Betting Sites Canada According to OLBG
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Legal Sports Betting Canada
Legal sports betting on the ground in Canada has up until recently been limited to parlays. However, giant strides have been made following the legalisation of single game wagers at a national level. Provinces can each decide if they want to bring in legislation to allow single game wagering too and whilst doing so are likely to bring in full sports wagering legislation to cover both offline and online bets.
It is likely that the big US and European betting sites will want a presence within a fully legalised Canadian sports betting market. They will need to pick up licenses on a state by state basis, the exact details of which we are being played out.
The good news for sports bettors is this will mean a fully regulated system with good choice.
The Canadian sports betting market has been rumoured to be worth around $15billion if you include land based and online wagers. So it would make sense for the provinces to stop the use of offshore sports betting sites if they can. Having all of that $15billion as taxable revenue rather than a fraction will be a big appeal.
Legal Sports Betting Sites Ontario
As the most popular province with over 38% of the country's population and a very healthy interest in sports and betting, Ontario is a big focus of many when it comes to online betting in Canada.
Ontario was the first province to introduce new legislation and with it a list of locally licensed sportsbooks.
We are expecting a similar licensing framework to US states which have legalised but with a likely unique makeup of sportsbooks. We may well see the popular US betting sites like Draftkings & FanDuel gain licenses but also Canadian based companies like TheScore. UK Betting sites are hugely popular in Ontario so maybe popular UK high street names and online giants like bet365 will apply for licenses.
Legal Sports Betting at Land based Ontario Casinos
Gateway Casinos, Mohegan Gaming & Entertainment and Caesars operate the five biggest physical casinos in Ontario
- Caesars Windsor
- Casino Niagara
- Niagara Fallsview Casino Resort
- Casino Rama
- Gateway Casinos Sault Ste.Marie
But there are many more. Depending on how legalization is rolled out, these land-based casinos could be pivotal. In some US states the land-based casinos have been able to apply for licenses with each being allowed to run online skins. For example in New Jersey, each of the 9 land-based casinos can run 3 online skins, allowing for up to 27 sports betting brands.