Bet365
★★★★ ★ 4.8Up to $30 in Bet Credits
- World's largest online sports betting operator
- Industry-leading live streaming on 100,000+ events/year
18+ · Offer subject to T&Cs · Gambling involves risk
Ontario AGCO Licensed · Single-Event Betting Legal Nationwide
Compare the top licensed sportsbooks available in Canada. Bet on NHL, NFL, Toronto Raptors, CFL and more — with world-class operators regulated under Canadian provincial law.
Up to $30 in Bet Credits
18+ · Offer subject to T&Cs · Gambling involves risk
Up to $30 Sports Welcome Bonus
18+ · Offer subject to T&Cs · Gambling involves risk
Bet $5, Get $150 in Bonus Bets
18+ · Offer subject to T&Cs · Gambling involves risk
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Market Overview: Canada opened single-game sports betting in August 2021 when Bill C-218 received Royal Assent, ending the parlay-only restriction that had persisted since 1985. Individual provinces regulate their own markets: Ontario launched a fully open competitive market in April 2022 through iGaming Ontario, while Alberta, British Columbia and Quebec maintain tighter provincial monopoly models.
Editor's Note: Ontario is, de facto, the most competitive online sports betting market in Canada and the one where international operators (DraftKings, Bet365, Betway) are competing head-to-head. Outside Ontario, the provincial lottery model means fewer choices and often worse odds. If you're located in Ontario, you have access to the widest range of offers; in other provinces, check which operators hold a licence in your specific province.
Local Context: NHL hockey generates the single largest betting handle of any sport in Canada — larger than the CFL, NBA and MLB combined on Canadian-licensed platforms. The NHL trade deadline and Stanley Cup playoffs create two distinct betting peaks. DraftKings reported that the 2023 Maple Leafs vs Lightning first-round playoff series produced its highest-ever single-series Canadian handle.
⚡ Peak betting periods: Stanley Cup Playoffs (April–June), Grey Cup (November), FIFA World Cup when Canada qualifies.