- Why switch to an online sportsbook?

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Credit Cards are accepted by every sportsbook in my list.  You should be aware that all Canadian card companies view transactions with sportsbook sites and gaming services as cash advances, not as purchases.  This means that interest will accrue on the transaction.  While this might be good for when you first sign up as you no doubt have a credit card readily available, I recommend that you sign up with one of the e-wallets or pre-paid card secure transaction services below so you can save on interest charges.  When you use your card with the services below, the card transaction is treated as a purchase rather than a cash advance, thus saving the interest charges.

Bank Transfers are also accepted by every sportsbook on my list.  There is nearly no limit to the amount you can deposit or withdraw when using this method (though the sportsbook may have its own withdrawal rules).  When you deposit, each service will provide a reference number and bank account details.  You will then provide these to your bank so the funds can be attributed to your account.  This will likely take 2 to 3 business days.

Interac Email Money Transfers are a great way to fund your account from Canada.  You can access Interac transfers in your online banking profile from any major Canadian bank.  The Interac-set limit for transactions is currently $1,000 .  Funding your account with this method is as simple as sending an email.  This is a great banking method to use as it is so fast, likely already at your fingertips and the charge to send money is usually little more than a dollar.  Read more about Interac Online betting sites.

Entropay is essentially a virtual Visa card which is prepaid - meaning there is no credit check or application required.  It allows you to pay instantly and privately so that you don’t share your financial information with the sportsbook.  You can load your virtual Entropay Visa by using an actual credit card, your debit card or with your bank transfer and funds can easily be paid back onto your Entropay virtual Visa for transfer back to your original funding source.  If your funding source is a credit card, by using Entropay as the intermediary solution, you will avoid the cash advance interest charges as your credit card transaction will be treat ed as a purchase, not a cash advance.  Entropay is accepted at Bodog, Pinnacle and William Hill.

Ukash works like a gift card or gift certificate.  You simply go to the Ukash website to find one of over 15,000 Ukash partner locations across Canada (Like a post office, gas station or new stand).  At these locations, you will be able to buy a Ukash code in denominations of $15, $25, $50, $75, $100, $150, $250.  Your actual prices will be higher than these amounts.  The difference accounts for the fee that is split between the retailer and Ukash itself.  Actual respective fees are $16.95, $28.95, $54.95, $79.95, $105.95, $156.95 and $259.95.  You will then be able to redeem your Ukash voucher at Pinnacle or William Hill by entering the PIN code and the corresponding amount.

Paysafecard is also a giftcard like solutions where you can buy in amounts of  $10, $30, $50 or $100 each with a unique 16-digit PIN.  You can combine up to ten cards for payments up to $1,000.  Paysafecard is accepted at William Hill.

ClickandBuy lets you pay with your credit card or debiting your bank account.  Very similar to Paypal, if you use your credit card through ClickandBuy, you will avoid the cash advance interest charges that you would incur by using the your card directly with the betting site.  Clickandbuy was established in Germany in 1999 and are an accredited Electronic Money Institution and is now headquartered in London and overseen by the Financial Conduct Authority (FCA).  ClickandBuy is now a subsidiary of Deutsche Telekom.  You can seamlessly may with your mobile with ClickandBuy and use it with Pinnacle, Sports Interaction and William Hill.

Instadebit essentially works like an online cheque.  You don’t fund an Instadebit account from another funding source as it is NOT an e-wallet.  You use Instadebit like a cheque to create a link between your bank and your merchant of choice, in this case Pinnacle or Sports Interaction.  Simply register with Instadebit, verify a bank account and then at your chosen betting site simply sign in and approve a transfer.  Transaction limits with Instadebit tend to be in excess of $10,000.  Transaction fees with Instadebit are about one or two dollars depending on the type.  Instadebit also allows you to pay easily with your mobile.  Use Instadebit at Pinnacle, Sports Interaction and William Hill.

iDebit facilitates inexpensive online banking transfers.  Move money to and from your iDebit account with your Canadian bank account up to a limit of $1,000 per transaction.  Fees to move money using iDebit are around one or two dollars per transaction. Creating your account is free.  iDebit is accepted at Pinnacle, Sports Interaction and William Hill.

How to fund a sportsbook account for Canadians - these are the accepted funding methods

These are the best online sportsbooks from a Canadian player’s perspective.  To deposit and withdraw funds to and from your sportsbook account, you’ll likely use one of the financial transaction methods listed below.  I describe how each funding method works.  You can use credit cards directly (but read below to fully understand the costs), you can email the funds, you can use a prepaid card solution where you load funds onto a card, you can register for an e-wallet solution linked to your credit card or bank account much like Paypal, or you can buy physical prepaid solutions from physical retail locations for use online.  If you’re wondering if any sportsbooks accept Paypal, you should know that Paypal’s rules prevent ANY transfer of funds from Canadians to ANY type of online gaming service including sportsbooks.  So unfortunately, Paypal is never an option, though you may see a mark of acceptance on a particular sportsbook site, but rest assured that this applies to a handful of European countries - not Canadians.

Accepted funding methods for the Best Sportsbooks for Canadians

Bodog is one of the oldest names in the online sports betting business, since 1994. is specially targeted to the Canadian market, so you know they cater to Canadians. For example, they are the only sportsbook that accepts the popular-in-Canada Interac Email Transfer as a deposit method.  Read the full review here.

Pinnacle has been in the sports betting business since 1998.  They are known for operating on razor thin margins. In other words, they tend to consistently offer the highest paying odds.  Pinnacle calls this 'A bonus for life.'  If having consistently high paying odds is of most importance to you, Pinnacle is likely your best option.  Read the full review here.

William Hill is one of the pioneers of world sports betting, founded in 1934.  A public UK company on the London Stock Exchange, they are the epitome of a trustworthy and rock solid betting company.  William Hill recognized the importance of the Canadian market long ago by being one of the first international services to offer CAD accounts and Canadian-friendly banking methods.  Read the full review here.

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