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Best Crypto & Bitcoin Sports Betting Sites in Canada in 2024

This is your one-stop guide to crypto sports betting sites in Canada! Whether you're a seasoned bettor or new to this digital revolution in gambling, you'll want to know more about these things:Read more

  • How to choose a great Bitcoin sports betting site in Canada
  • The pros and cons of using crypto to bet with
  • How we review the sites we recommend you

Here at Webopedia, we're dedicated to bringing you unbiased, honest news, guides, and reviews. So with that in mind, let's dive straight in....

Disclaimer: 18+ and other rules apply. We always advise you to check your local laws to see if online gambling and the use of cryptocurrencies are available in your region. Please remember to comply with the rules and gamble responsibly.Read less

Alyx Tzamantanis
Last Updated April 17, 2024 11:18 pm

Best Crypto & Bitcoin Sports Betting Sites in Canada in 2024

Our team has worked tirelessly to bring you the best in the business – and here they are! Check out the best crypto sports betting sites in Canada, as chosen by our team of expert reviewers…

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    Short Reviews of the Best Crypto Sports Betting Sites in Canada in 2024

    If you want to jump straight into action, here’s some short reviews of the best crypto sports betting operators servicing Canada in 2024…

    1. BC.Game

    4.87 / 5

    Site Overview

    BC.Game is a crypto-only gambling platform, known for its extensive game library and a focus on digital currencies. It's operated by BlockDance B.V. and holds a license from the Curacao Gaming Authority, ensuring regulatory compliance and fairness.

    Key Features:

    • Cryptocurrencies: Accepts over 80 cryptocurrencies, which means quick, secure, and anonymous transactions
    • Bonuses: Offers a substantial welcome bonus of up to $220,000 in BCG on the first four deposits, alongside ongoing promotions and a unique medal system for rewards
    • Games: Boasts over 8,000 games, including a massive selection of slots, various roulette and blackjack options, poker, and original games like Plinko and Mines
    • Sports Betting: Features over 80 sports betting markets, including esports, with competitive odds, quick bet feature, and a variety of betting options
    • User Experience: Offers a seamless interface with easy navigation, supported by a mobile app for both iOS and Android
    • Security: Provides strong security measures including SSL encryption, and is recognized by the Crypto Gambling Foundation

    Customer Support

    Responsive 24/7 live chat support, with a detailed FAQ section for common queries


    • Extensive range of casino games and sports markets
    • Generous bonuses and a comprehensive VIP program
    • Supports a vast array of cryptocurrencies
    • Accessible user interface with a dedicated mobile app


    • Limited support for fiat currencies
    • Small withdrawal fees for cryptocurrencies

    Final Thoughts

    BC.Game is known for its rich library of games, versatile payment options, and commitment to security and fairness. It’s an excellent choice for crypto enthusiasts looking for a diverse and engaging gambling experience.

    • Bitcoin
    • Ethereum
    • Tether 111
    • English
    • Russian
    • Vietnamese 24
    • Curaçao
    Casino products
    • Keno
    • Mines
    • Blackjack 16
    Number of casino games
    Support languages
    • English
    • Chinese (Mandarin)
    • French 12

    2. ThunderPick

    4.77 / 5

    Site Overview

    Thunderpick Casino is an operator licensed by eGaming Curacao. Owned by Paloma Media B.V., the site was released in 2017. Thunderpick offers many casino games, eSports, and traditional sports to bet on.

    Key Features:

    • Security and Reputation: Thunderpick Casino uses SSL and 2FA and is a popular brand in the gambling industry
    • Cryptos: Players can use most of the common and popular cryptocurrencies available nowadays
    • Transactions: All deposits and withdrawals are almost instant
    • Casino Games: There are over 3,500 casino games available, provided by both established and independent software studios
    • Bonuses: Welcome bonuses and a wide range of other promotions are available
    • VIP Program: It is one of the better programs that offers no fees, higher limits, and different rewards

    Customer Support

    Live chat is available 24/7. You can also contact the casino via email, or use the comprehensive FAQ section as well. Telephone support is not offered.


    • Many bonuses and promotions are available
    • Low wagering requirements on some bonuses
    • Impressive VIP program
    • Interesting user interface
    • All-in-one casino and sports betting platform


    • Slow customer support
    • Some payment methods come with certain limitations

    Final Thoughts

    Thunderpick Casino offers great bonuses, security, and plenty of games. It has an easy-to-use user interface, which makes this provider ideal for newbies. Players who like a wide selection of bonuses will appreciate this casino as well.

    • Bitcoin
    • Ethereum
    • Tether 7
    • English
    • Chinese (Mandarin)
    • French 5
    • Curaçao
    Casino products
    • Keno
    • Mines
    • Blackjack 17
    Number of casino games
    Support languages
    • English

    3. Sportbet.one

    4.40 / 5
    • Bitcoin
    • Ethereum
    • Tether 3
    • English
    • Turkish
    • Russian 3
    • Comoros Gambling License Authority
    Casino products
    • Keno
    • Mines
    • Blackjack 12
    Number of casino games
    Support languages
    • English
    • Chinese (Mandarin)
    • Russian 2

    4. Mystake

    4.37 / 5

    Site Overview

    MyStake Casino is owned by Santeda International B.V. and licensed by Curacao eGaming. It has been available since 2019 and supports all commonly used fiat currencies and cryptos.

    Key Features:

    • Games: Over 7,000 different casino games are available here. All popular software brands are available as well
    • Sports: Players can bet on over 70 different traditional sports and eSports. Different leagues and events are all available
    • Bonuses: MyStake Casino offers a long list of available bonuses and promotions for casino games and sports betting
    • Mobile Players: You can play casino games and bet using any device and any web browser
    • User Interface: Players can easily navigate the site and find the option they like within seconds
    • Transparency: The casino is transparent about RNG testing methods and security

    Customer Support

    MyStake Casino offers live chat and email customer support available 24/7. A thorough FAQ section is available as well.


    • Over 7,000 casino games are available
    • Comprehensive and versatile sports betting section
    • Long list of active bonuses and promotions
    • 40+ crypto and fiat payment methods are supported
    • Reputable and transparent gambling provider


    • Details about VIP program are not available
    • $15,000 per month max withdrawal limit

    Final Thoughts

    MyStake Casino is a solid choice for players looking for great casino and sports betting options. With many games, sports betting markets, generous bonuses, and a good level of transparency, MyStake is a great all-rounder of a gambling site.

    • Bitcoin
    • Ethereum
    • Tether 11
    • French
    • English
    • Russian 6
    • Curaçao
    Casino products
    • Keno
    • Mines
    • Blackjack 17
    Number of casino games
    Support languages
    • English
    • French
    • German 1

    5. FortuneJack

    4.35 / 5
    • Bitcoin
    • Ethereum
    • Tether 9
    • English
    • Curaçao
    Casino products
    • Keno
    • Blackjack
    • Video Poker 7
    Number of casino games
    Support languages
    • English
    • Russian

    6. BetUS

    4.26 / 5
    • Bitcoin
    • Ethereum
    • English
    • Curaçao
    Casino products
    • Keno
    • Blackjack
    • Video Poker 6
    Number of casino games
    Support languages
    • English

    7. TrustDice

    4.23 / 5

    Site Overview

    TrustDice Casino is owned by Satoshi Gaming Group N.V. and licensed by eGaming Curacao. Offering an enormous collection of games, TrustDice has established itself as a major brand in the iGaming industry since its release in 2018.

    Key Features:

    • Games: TrustDice Casino offers over 8,000 casino games, which is one of the highest numbers in the industry
    • Sports: The sports betting section is versatile, offering various traditional and eSports.
    • Free Crypto Faucet: Players can claim crypto to use at the casino and win real money
    • Rank: TrustDice Casino is one of the highest-ranking online casinos available today. They are proud and transparent about this
    • User Interface: The user interface is interesting to use, with many features, options, and information
    • Availability: The casino is available in most countries across the world, except for a few limitations

    Customer Support

    A responsive and helpful support team is available 24/7 via live chat and email.


    • Over 8,000 games are available
    • There are many different bonuses and promotions
    • One of the highest-ranked casinos in the world
    • Transparency about bets, payouts, and more
    • Support is available in 19 languages


    • Email for customer support is not easy to find
    • The user interface can be confusing to new players

    Final Thoughts

    TrustDice Casino is a well-known and reputable brand. Players who like trying new games and enjoying all the latest and most versatile options in the gambling industry will be more than just satisfied with this operator.

    • Bitcoin
    • Ethereum
    • Tether 10
    • Thai
    • Arabic
    • Persian 22
    • Curaçao
    Casino products
    • Keno
    • Mines
    • Blackjack 16
    Number of casino games
    Support languages
    • Thai
    • Arabic
    • Persian 17

    8. CBet

    4.15 / 5
    • Bitcoin
    • English
    • French
    • German 4
    • Curaçao
    Casino products
    • Dice
    • Jackpot
    • Mines 10
    Number of casino games
    Support languages
    • English
    • French
    • German 3

    9. 1xbet

    4.12 / 5
    • Bitcoin
    • Ethereum
    • Tether 32
    • Bulgarian
    • Chinese (Mandarin)
    • Czech 26
    • Curaçao
    Casino products
    • Financial
    • Keno
    • Mines 16
    Number of casino games
    Support languages
    • English
    • Chinese (Mandarin)
    • French 27

    10. Vave

    4.06 / 5

    Site Overview

    Vave Casino is owned by TechOptions Group B.V., a company from Cyprus. The site has been available online since 2022 and has a Curacao license. The casino is reputable, well-known, and available to players from most parts of the world.

    Key Features:

    • Games: There are around 5,500 games at Vave Casino. Slots make up the vast majority, but classic casino enthusiasts will find a great selection of table games and live titles as well
    • Sports betting: Players can find all kinds of sports. Both traditional sports and eSports are on offer; some come with special bonuses
    • Buy Crypto: You can buy cryptocurrencies at Vave Casino directly, using some fiat payment methods
    • Cashback Offer: All players can enjoy 100% cashback offer up to 1 BTC. Other bonuses are also available
    • Withdrawals: The withdrawal limit is 50.000 USDT per month. All withdrawals are done quickly
    • User Interface: It is easy to navigate and find the games you like. Players who prefer playing via smartphones won't have any issues either

    Customer Support

    A helpful support team is available via live chat, email, and online form, 24/7 in multiple languages.


    • Over 5,500 games developed by renowned software brands
    • Fast and secure deposits and withdrawals
    • Easy to use and transparent user interface
    • 100% cashback offer up to 1 BTC
    • You can buy crypto directly at Vave Casino


    • No welcome bonus
    • There is limited support for cryptocurrencies

    Final Thoughts

    Vave Casino can be an ideal site for slot fanatics and those who want to try popular live games or bet on sports. It is also suitable for users who want to create an account, buy crypto, and start playing within a few minutes.

    • Bitcoin
    • Ethereum
    • Tether 5
    • English
    • German
    • Russian 14
    • Curaçao
    Casino products
    • Keno
    • Mines
    • Blackjack 16
    Number of casino games
    Support languages
    • English
    • Russian
    • German 2

    best crypto sports betting sites canada

    How to Start Betting at a Crypto Sportsbook in Canada

    Starting to bet with cryptocurrency in Canada is simple. But if you've never done it before, let me guide you through the process with my quick step-by-step guide.

    Choose a reputable crypto sports betting site

    Start by selecting a crypto sports betting site from our recommended list. Look for sites with a good reputation and secure platforms. This ensures safety and reliability for your betting experience.

    Open an account

    Next, create an account on your chosen site. The process usually involves providing some personal information and setting up login details. Ensure you use a strong password for added security.

    Buy cryptocurrency

    Purchase cryptocurrency from exchanges like Binance or Kraken. Avoid exchanges like Coinbase that may penalize gambling activities. Choose an exchange that suits your needs and offers good rates.

    Prepare your cryptocurrency

    Transfer your purchased crypto to a non-custodial or hosted wallet. This step is crucial for managing your funds securely. Double-check your account's deposit address or public key before any transactions.

    Deposit and start betting

    Deposit your cryptocurrency into your sports betting account. Also, ensure the address is correct to avoid losing funds. Once the deposit is confirmed, you're ready to start betting. Don't forget to also check out the casino section, if the sportsbook has one. Casino games are a great way to mix up your betting style, and some even let you play casino games anonymously, so don't forget to check if the sportsbook also has a casino section.

    Withdraw your winnings

    When you win, you can withdraw your winnings from the sportsbook. Each platform has its own process for withdrawals. Make sure to follow the instructions carefully to safely transfer your winnings.

    You can start betting with cryptocurrency on Canadian sports betting sites. Just follow these steps. Remember, responsible gambling is key. Always bet within your means and enjoy the experience.

    How To Choose Your Crypto Sports Betting Platform in Canada

    Choosing the right crypto sports betting site in Canada is crucial.

    This guide helps you understand what to look for to have a safe and enjoyable betting experience.

    Jackbit Sportsbook Desktop
    Jackbit sportsbook

    License and security

    It's essential to bet only on licensed sites. Above all, check whether you're allowed to play from Canada. In this sense, the leading crypto sports betting sites in Canada offer more security and reliability. They also ensure that the betting platform adheres to legal standards. A licensed site means that your funds and data are safer.


    Look for established crypto sports betting sites. These sites have plenty of information available online. Read user reviews and comments about the site. A good reputation usually means the site is trustworthy. You can also cross-check the information for authenticity if you have any doubts or concerns.

    Welcome offer and other promotions

    Compare welcome offers and promotions. You should always look for a crypto sports betting site that values its clients. Also, read the terms and conditions (T&Cs) of these offers carefully. Sometimes, what looks like a great deal may have conditions that don't suit your betting style.

    Variety of sports, odds, and markets

    I'm sure you already know this, but a great selection of sports and markets is essential to having a great betting experience. You want international and domestic games, matches, and leagues to bet on, and with a ton of different markets. Of course, competitive odds are just as important, so make sure the site you're interested in isn't adding more margins than other operators.

    Plus, don't forget about live-streamed matches and in-play betting. The top crypto sports betting sites in Canada will let you bet on games in real-time, as you watch the action unfold on your chosen device. Say goodbye to expensive TV subscriptions!

    Casino games catalog (where applicable)

    Some crypto sports betting sites also double up as the best Canadian crypto casinos, so be sure to check out if the sportsbook also has a casino gaming section or page.

    Casino games are a great way to spend some time while you're waiting for kick-off, or the second half of a match to start. Popular games include the best crypto slots, live casino, poker, and classic table games. Plus, take a look to see if the Canadian crypto sports betting site also has casino bonuses you can pick up.

    Bets.io Casino Games Catalog
    Games catalogue on Bets.io

    Mobile compatibility

    Consider the convenience of mobile betting. Check whether the site offers a native app or browser-based mobile play, then compare the pros and cons of each.

    The best crypto bookmakers offer special bonuses for using their mobile app. Mobile betting allows you to bet on-the-go and participate in live games.

    Payment options

    Diverse payment options are crucial. Search for websites that have various payment options such as cards, bank transfers, eWallets, mobile payments, and, of course, cryptocurrencies.

    Note that some methods, like vouchers or Boku, only allow deposits. Choose a payment method that suits your needs.

    Deposit and withdrawal times

    Consider the turnaround time for each payment method. If you’re using crypto, you’ll find that each coin varies slightly in speed, but generally speaking, you should be looking at instant deposits and very fast withdrawals.

    Each crypto sports betting site also has its own pending/approval time as well. So I advise you to enquire into this if you’re someone who likes speedy transactions.

    screenshot of withdrawal times and limits at 7bit casino
    Withdrawal times and limits at 7bit casino

    Customer service

    Good customer service is vital. Check the available languages and range of options like chatbots, human help, email, and calls. Also, consider the customer service hours. Round-the-clock support is preferable, especially for urgent issues.

    By considering these factors, you can choose a crypto sports betting site in Canada that best suits your needs. To have a safe and fun betting experience, prioritize security, reputation, and user experience.

    Why Choose Crypto Sports Betting Sites in Canada?

    You might be curious about why crypto sports betting is gaining traction in Canada. So, le'ts explore how cryptocurrencies can be used for sports betting in Canada.

    Reduced geographic restrictions

    Crypto gambling sites in Canada typically face fewer geographical limitations. You will often see that they welcome players from more countries in the world than traditional operators. However, just because a site says that you can bet there, it doesn't necessarily mean you can!

    Remember, each country has its own rules and regulations surrounding gambling and the use of crypto. In the case of Canada, whether or not you can bet at a site depends on where you live. Each jurisdiction has a governing body with specific rules. For instance, Ontario has the iGaming authority iGO. Therefore, bettors based in Ontario are obliged to bet at crypto sports betting sites that are licensed in that territory.

    Therefore, always look into the laws that affect you before you consider joining a crypto sports betting site.

    Quick payments and high withdrawal limits

    Crypto transactions stand out for their speed. Cryptocurrencies like Bitcoin or Ethereum often enable faster payments than traditional methods.

    In addition, top crypto sports betting sites in Canada have high or unlimited withdrawal limits. This makes it easier to get your winnings quickly.

    Potential for crypto balance to increase

    Your balance in a crypto sportsbook could increase in value following market trends. But be careful, because prices could go down too. So stay informed about market changes.

    Enhanced privacy and anonymity

    Cryptocurrency use in sports betting offers increased privacy. You can bet anonymously on platforms, which helps keep you more secure online. However, be aware that this only applies to 100% crypto sports betting sites, not hybrids that also offer fiat payments like CAD or USD.

    Traditional currencies are centralized, meaning they're governed by a bank or government, and as soon as you introduce centralized currencies into the mix, you'll be asked to prove your identity by the crypto sports betting site in Canada.

    Cutting-edge technology

    Leading crypto sports betting sites in Canada often incorporate the latest technology. Get ready for screens that are easy to use, look stylish, and have excellent phone apps that enhance your gambling experience.

    Many offer special casino games too. For example, ‘provably fair’ games are gaining popularity. This genre includes titles such as Plinko, Hi-Lo, and Mines. You can also play Crash games in Canada at any site that offers provably fair titles.

    Each of these games offers a short, simple, yet exciting gaming experience. The fact that they all use blockchain technology to ensure 100% random outcomes that players can check themselves means that provably fair games are only available at crypto-friendly sites.

    The cool factor of crypto over fiat

    Cryptocurrency is often perceived as more innovative and exciting compared to traditional fiat currencies. Betting with crypto introduces a fresh, modern element to sports betting.

    Autonomy in betting

    Betting with cryptocurrency offers greater autonomy. You can place bets without getting permission from banks or other financial bodies. This simplifies the process and puts more focus on the user.

    Engaging in crypto sports betting requires informed and responsible decision-making. This is why you should understand the risks involved, as well as both the positive and potentially negative aspects. That’s where we come in - this guide will help you confidently navigate crypto sports betting in Canada.

    infographic detailing why you should choose crypto sports betting sites in canada
    Why Choose Crypto Sports Betting Sites in Canada - Webopedia

    Possible Downsides to Crypto Sports Betting in Canada

    Crypto sports betting in Canada is growing, but it comes with its own set of challenges. My aim here is to shed some light on these issues to help you navigate this space more effectively.

    The unregulated nature of the industry

    Crypto sports betting remains a largely unregulated industry, which means it can be easy to land on a shady site if you make a wrong move. That's why you should always look for licensed sportsbooks.

    A lot of the platforms have a license from the Curacao eGaming Authority. These licenses are pretty easy to get, so although they are regulated, you might find less customer protection and other safety measures at these sports betting sites than you would elsewhere.

    Therefore, a lot of players look for a site's reputation as a good marker for safety. Things like reviews from other players will give you a good indication as to how a sportsbook treats its customers. However, without strict regulation, this could be a risky basis for trust.

    The finality of transactions

    One major downside of crypto transactions is their irreversibility. While this can mean faster processing and lower fees, it also means that mistakes can be costly. Accidentally sending crypto to the wrong address means there is no way to retrieve it.

    This finality requires users to be extra cautious when making transactions. Before confirming a transaction, it is important to check all the details carefully. This will help you avoid making any irreversible errors.

    Limited recourse for issues

    It might be harder to get help with a crypto sports betting site than regular sites. Without a central authority or regulatory body, there are fewer safeguards and support mechanisms.

    If players have issues with frozen accounts or disputed transactions, it can be really tough. This therefore underscores the importance of using reputable platforms and maintaining records of all transactions.

    Crypto knowledge is essential

    Using crypto for betting requires a basic understanding of how these digital currencies work. This could be a barrier for those unfamiliar with crypto, as making a mistake can lead to the loss of funds.

    It's important to educate yourself about the basics of cryptocurrencies, including secure storage and transaction processes. This knowledge is crucial for safely navigating the world of crypto sports betting.

    The volatility of cryptocurrencies

    The value of cryptocurrencies can change dramatically over a short period. This volatility adds an element of risk to your betting balance.

    While stablecoins like USDT or Binance USD offer more stability, they are not immune to market fluctuations. You need to know that the value of your crypto can change a great deal. This affects how much you can bet and, ultimately, win.

    To practise crypto sports betting in Canada, you need to know these challenges well. To have a safer betting experience in cryptocurrency sports betting, it's important to stay informed and be cautious.

    infographic detailing possible downsides of crypto sports betting sites

    How Our Team Reviews the Canadian Crypto Sports Betting Platforms We Recommend

    When reviewing crypto sports betting sites in Canada, we follow a detailed and thorough process. This ensures you get accurate and reliable information.

    But don't just take my word for it! Check out our rigorous review process here...

    We open a real account

    We start by creating an account on each site. We note how long it takes and how easy it is. We tell you if Know Your Customer (KYC) verification is needed when you register. This helps you understand what to expect.

    We deposit real funds

    Next, we deposit real funds using various payment methods. We will inform you about the sites that have quick deposits and which payment platforms they use. This gives you a clear idea of each site's efficiency and flexibility in handling transactions.

    We bet on a wide variety of sports

    Our experts bet on real sports . We assess the variety of sports, markets, the quality of the website, and its ease of use. Also, we look at whether or not the site offers competitive odds, as it's super important you get a fair payout if you win. All these factors are checked, so you know what you can expect from these crypto sports betting sites in Canada.

    screenshot of stake sportsbook
    Sportsbook at Stake.com

    We check out the quality of live games and live streams

    We ensure the sites we recommend offer high-quality live streams without lagging. We also look at the options available for in-play betting. This shows how well the site performs under real-time conditions.

    We use our cell phones

    We test each site on mobile devices to compare the experience with the desktop version. A good crypto sports betting site should offer a seamless mobile experience, whether through an app or a browser.

    We withdraw our winnings

    We go through the process of withdrawing winnings and check the speed of withdrawals and any fees charged by the sportsbook. We also note how easy or difficult the process is, including KYC requirements.

    We test customer care

    We approach each site with various issues to test customer service. We assess their professionalism, friendliness, and knowledge. Quick and effective responses are key indicators of good customer support.

    We review Canadian crypto sports betting sites by following these steps. This helps you pick a platform that meets your needs for safety, convenience, game variety, and overall betting experience.

    infographic explaining webopedia review process
    How Our Team Reviews the Canadian Crypto Sports Betting Platforms We Recommend - Webopedia

    A Comprehensive Guide to Betting with Canadian Bitcoin Sportsbooks

    Canadian crypto sports betting offers a diverse range of betting options. Understanding these can enhance your betting strategy, so let's take a look at some popular types of bets together...

    Moneyline bets

    Moneyline bets are about picking the winner of a match. It's a popular choice for its simplicity. In crypto sports betting, moneyline odds can vary based on the teams' perceived strengths. This type of bet is a good starting point for beginners due to its straightforward nature.

    Spread bets

    Spread bets level the playing field in a match. Bookmakers set a point spread to balance uneven teams and you bet on whether a team will beat this spread. Spread betting requires a good understanding of the teams’ performances. It's popular in games like football and basketball.

    Futures bets

    Futures bets focus on long-term predictions, like which team will win a league. These bets are placed well in advance and offer high returns for correct predictions. However, they require patience and a deep understanding of the sport.

    Prop bets

    Prop bets are about specific game events. For example, predicting the first scorer. These bets add excitement to the game-watching experience. They often rely more on luck than skill, making them a fun addition to serious betting.


    Parlays combine several bets into one. To win, all your bets must be correct. They offer high payouts but come with increased risk. Parlays are popular among experienced bettors looking for a challenge.

    Over/Under bets

    Over/Under bets involve betting on whether the total score will be over or under a certain amount. This type requires understanding both teams' offensive and defensive capabilities. It's a popular bet in many sports, especially in games with unpredictable outcomes.


    Teasers are a type of parlay that allows you to adjust point spreads or totals in your favor. While they reduce risk, they also lower potential payouts. Teasers are common in sports with point spreads, like basketball and football.

    Live betting

    Live betting lets you bet on a game as it's happening. Odds change in real time, based on the game's progress. This type of betting requires quick thinking and the ability to predict game flow changes.

    Each bet type offers a different way to engage with sports betting.

    infographic of guide to sports betting with crypto
    Comprehensive Guide to Betting with Canadian Bitcoin Sportsbooks - Webopedia

    Understanding Betting Odds

    Understanding betting odds is essential in sports betting. So let me take you through the basics with a brief explanation of odds in sports...

    What are odds and how are they calculated?

    Odds reflect the probability of a specific outcome in a sports event. Bookmakers use various factors like team form, player injuries, and historical stats to calculate them.

    Higher odds mean a lower probability of the event happening but a higher payout. Understanding how odds are set can help you make more informed bets.

    Fractional odds

    Fractional odds are common in the UK. They are expressed as fractions, like 5/1 or 3/2. If you bet £1 on 5/1 odds, you win £5 plus your £1 stake back. They show the profit relative to the stake. Understanding fractional odds is key to gauging potential winnings in many traditional markets.

    American odds

    American odds are displayed as positive or negative numbers. Positive numbers show how much you'd win on a $100 bet. For example, +200 means you win $200 on a $100 bet.

    Negative numbers indicate how much you need to bet to win $100. For example, -150 means you need to bet $150 to win $100. These odds are common in the US but are also used in Canadian crypto sportsbooks.

    Decimal odds

    Decimal odds are popular in Europe and many other places, including Canada. They show the total payout for a €1 bet. For example, odds of 3.00 mean you win €3 for every €1 bet, including your stake. This format is straightforward and easy to understand, making it a favorite among many bettors.

    Payout and its effect on odds

    The payout is the bookmaker’s way of balancing risk and reward. High odds mean high payouts but less likelihood of winning. The best crypto bookmakers adjust odds to ensure they remain profitable while offering attractive betting options.

    Understanding this balance can help you spot valuable betting opportunities.

    Using odds calculators

    Odds calculators are useful tools provided by most crypto sportsbooks. They convert odds between different formats and calculate potential winnings. This helps you see how much you might win, so you can compare bets on different sports.

    In Canadian crypto sports betting, odds are a fundamental part of the betting process. Knowing various odds and how they're calculated can improve your betting strategy, helping you make smarter and more profitable choices.

    Selecting the Right Exchange for Canadian Crypto Sports Betting

    Choosing the right crypto exchange is crucial for sports betting in Canada. Here's what you need to know.

    Risks with certain exchanges for gambling

    Some exchanges might freeze your funds if they're used for online gambling. It's important to choose an exchange that is friendly towards gambling activities.

    Always check the exchange's policy on using cryptocurrencies for betting to avoid any issues with your funds.

    Binance as a recommended exchange

    I recommend Binance for crypto sports betting in Canada. It's a reliable platform with low fees and a positive stance towards gamblers. Binance has many different cryptocurrencies, so it's a good choice for betting. Its interface and strong security measures make it an excellent choice for both new and experienced users.

    If you bet on sports with crypto in Canada, using an exchange like Binance can make it better. It's vital to select a platform that aligns with your betting activities and provides a secure, efficient service.

    inforgraphic on how to select a crypto exchange for sports betting
    Comprehensive Guide to Betting with Canadian Bitcoin Sportsbooks - Webopedia

    Betting Strategies at BTC Sportsbooks in Canada

    Effective betting in Canadian crypto sports betting requires a strategic approach. Here are some detailed strategies to help you succeed.

    Start with small, low-risk bets

    Begin your betting journey with small, low-risk bets. This method reduces potential losses as you familiarize yourself with the betting setting. It's a good way to try different betting strategies without risking much money.

    Gradually increase your bet size as you gain more confidence and understanding of the sports and betting system.

    Bet only on sports you know

    If you stick to sports you know well, you'll have a better chance of winning bets. Understanding the sport can help you notice small details that others might miss.

    You might learn about team strategies, player forms, or playing conditions that affect the game's result.

    Do your research

    Research is crucial in making informed bets. Consider factors like weather and team morale, as well as team stats and player performance.

    Also, keep an eye on news that could affect gameplay, such as managerial changes or player controversies.

    The more comprehensive your research, the better your chances of placing a winning bet.

    Take advantage of bonuses

    Using bonuses from crypto sports betting sites can make your betting experience much better. These bonuses can range from match deposits to cashbacks or special event bets. However, it's important to understand the wagering requirements associated with these bonuses. Ensure that the terms are reasonable and within your betting capacity.

    To improve your chances of winning in Canadian crypto sports betting, start with small bets on familiar sports. Do thorough research and wisely utilize bonuses.

    Remember, gambling should be entertaining and not seen as a guaranteed income source. Bet responsibly and enjoy the experience.

    inforgraphic on betting strategies at crypto gambling sites in canada
    Betting Strategies at BTC Sportsbooks in Canada - Webopedia

    Top Sports to Bet on at Crypto Sports Betting Sites in Canada

    In Canada, crypto sports betting includes many sports with different betting options. Here's an expanded view of the most popular sports and the types of bets they attract...


    Soccer betting covers global leagues and tournaments. Common bets at the best soccer bookmakers include the match winner, over/under on total goals, and both teams to score.

    In major events like the FIFA World Cup, prop bets on players, such as who will score the first goal, are popular.

    B.C. Game Sportsbook Desktop
    Soccer betting choices on B.C. Game

    American Football

    At the best crypto American football betting sites, besides picking winners, spread betting is prevalent. For the NFL, prop bets on the performance of key players, like the number of touchdowns, are common. Futures bets on the Super Bowl champion are also popular throughout the season.


    NBA betting extends beyond game winners to include point spread and totals (over/under). Prop bets on star players' performance, like points scored, assists, and rebounds, are widely placed. Live betting during games adds dynamic wagering options.


    With MLB, run line bets (a form of point spread) are common. Over/under bets on total runs scored in a game are also popular. Many people like to bet on the World Series, predicting the winner or player performance, like home runs or strikeouts.


    Tennis betting includes match winners, set winners, and correct score bets. Prop bets on individual player statistics, like aces or double faults, offer more detailed wagering. Grand Slam events, in particular, see a high volume of in-play betting.

    Horse Racing

    Horse racing bets often focus on win, place, and show (first, second, and third). Exotic bets like trifectas and superfectas, predicting the top three or four finishers in order, are also popular. Major events like the Grand National or Royal Ascot see a surge in these complex bet types.

    Formula 1

    Formula 1 betting includes race winners, podium finishes, and fastest lap times. Head-to-head bets, comparing two drivers' race finishes, are also common. Season-long bets on the World Drivers' Championship winner are popular among fans.


    Hockey betting in the NHL includes moneyline, puck line (a form of point spread), and over/under on total goals. Prop bets on players, like the number of goals or assists, and live betting during games, offer dynamic wagering experiences.


    eSports betting includes match winners and handicap bets. In games like Dota 2 or CS:GO, prop bets on first blood or the number of kills are common. Major eSports tournaments, such as The International, attract a wide range of in-play betting options.

    Virtual Sports

    Virtual sports betting includes simulated events where you can bet on the winner, scores, and spreads. You can place bets often and quickly, without having to wait for real sports events.

    Canadian crypto sportsbooks have various betting options for each sport, including simple match winners and complex prop and futures bets.

    This type of betting is suitable for everyone, from casual fans to experienced gamblers. It offers a complete betting experience.

    Crypto Sports Betting in Canada - Is it Legal?

    The legality of crypto sports betting in Canada varies by province, so the question of whether it's legal for you to bet at these sites depends on where you live.

    Each province has the authority to regulate gambling within its borders, which is why you must check with your local authority before joining a crypto sports betting site in Canada. You will also find that the legal age varies from territory to territory, and gambling laws themselves are also subject to change frequently. Therefore, I always recommend looking into your local gambling and crypto laws. Better to be safe than sorry!

    Cryptocurrencies are recognized in Canada, but with specific legal considerations. They are classified as commodities, which means transactions involving cryptocurrencies are subject to the country's tax laws. This classification affects how winnings from crypto sports betting are taxed.

    For bettors, it's important to declare any profits from crypto betting in their tax filings. The Canadian Revenue Agency (CRA) requires citizens to comply with tax laws related to digital currencies, which include keeping records of all cryptocurrency transactions.

    Responsible Gambling Tips While Using Crypto Sports Betting Sites in Canada 

    When engaging in crypto sports betting in Canada, practicing responsible gambling is essential. Here are some key strategies to help you maintain control.

    Check the legal age for betting

    While the national minimum legal age for gambling in Canada has been set at 19, some jurisdictions may allow gambling at the age of 18. Always follow the laws of your relevant province.

    Avoid chasing losses

    It's crucial not to chase losses in sports betting. Chasing can create a risky cycle. You bet more to win back lost money, but end up losing more.

    Instead, accept that losses are part of the game and focus on making well-informed bets in the future.

    Set clear limits for each betting session to avoid the temptation of chasing.

    Bet while sober

    Betting while sober is non-negotiable. If you make choices while drunk or high, you might gamble recklessly and lose money.

    Make sure you are clear-headed when betting, so you can make logical decisions. This approach will help you to stick to your betting plan and budget.

    Manage your bankroll

    To effectively manage your money, you need more than just a budget, but also need the discipline to stick to it. Consider separating your betting funds from your regular finances to keep a clear boundary.

    Only use a little bit of your extra money for gambling. Don't take from your savings or money for important things.

    Spend within your limits

    Staying within your financial limits is key to responsible gambling. Remember that gambling should be a form of entertainment, not a primary source of income. To avoid overspending, set limits for each betting session.

    Stick to these limits, even if you're winning. It's important to recognize that wins are not guaranteed and to treat betting as a leisure activity, not a financial strategy.

    To responsibly enjoy crypto sports betting in Canada, follow these steps: don't chase losses. Bet with a clear mind. Manage your bankroll. Stay within your limits. These strategies help ensure that betting remains a fun and safe hobby, free from financial stress and negative consequences.

    Frequently Asked Questions

    Still looking for more info on the best sports betting sites in Canada? Then take a look at some of our FAQs.

    How do I convert my cryptocurrency winnings into Canadian dollars?

    Converting cryptocurrency winnings into Canadian dollars is a simple process.

    First, find a reputable cryptocurrency exchange that supports Canadian dollar transactions. Once you have identified a suitable exchange, you can create an account and link it to your cryptocurrency wallet.

    Next, initiate a withdrawal from your wallet to the exchange, specifying the amount of cryptocurrency you wish to convert into Canadian dollars. The exchange will then execute the conversion at the prevailing market rate and deposit the converted funds into your linked bank account.

    From there, you can easily access and use your Canadian dollars as desired.

    How do I calculate my potential winnings from crypto sports betting in Canada?

    Calculating potential winnings from crypto sports betting in Canada is pretty straightforward.

    First, you need to determine the odds of the bet you are placing. These odds are usually displayed as fractions or decimals. Next, multiply your desired wager amount by the decimal odds to calculate your potential profit. Finally, add your original wager amount to the potential profit to determine your total potential winnings.

    Keep in mind that different sportsbooks may have slight variations in their calculation methods, so it’s always a good idea to double-check with the specific platform you are using.

    How does taxation work for crypto sports betting winnings in Canada?

    Taxation for crypto sports betting winnings in Canada follows the same principles as taxation for traditional sports betting winnings. In Canada, gambling winnings are generally considered to be a form of luck-based income and are therefore subject to taxation.

    However, the specific tax treatment of crypto sports betting winnings may vary depending on the individual’s circumstances and the amount of winnings. It is recommended that individuals consult with a qualified tax professional or accountant to ensure compliance with all applicable tax laws and regulations.

    Who can participate in crypto sports betting in Canada?

    In Canada, crypto sports betting has become increasingly popular and accessible to a wide range of individuals. The participation in this form of betting is not limited to any specific group or demographic.

    That said, it’s important that know your local laws to see if you’re allowed to gamble with crypto in your jurisdiction. The legal age of gambling also varies across the country, so check in with your local authority to find out the rules that apply to you.


    Who determines the odds for crypto sports betting in Canada?

    The odds for crypto sports betting in Canada are determined by a specialized regulatory body known as the Canadian Crypto Sports Betting Authority (CCSBA). This organization is responsible for overseeing all aspects of crypto sports betting in the country, including setting the odds for various events.

    The CCSBA employs a team of expert statisticians and analysts who carefully analyze factors such as team performance, player statistics, historical data, and market trends to calculate the most accurate odds possible. These odds are then published and made available to the public through licensed crypto sports betting platforms in Canada.

    By ensuring fair and transparent odds, the CCSBA aims to provide a secure and enjoyable betting experience for all participants in the crypto sports betting industry.

    What are the risks associated with crypto sports betting in Canada?

    Crypto sports betting in Canada carries several risks that bettors should be aware of.

    Firstly, the volatility of cryptocurrencies can pose a risk to the value of your bets. Fluctuations in the market can lead to significant gains or losses, making it crucial for you to carefully monitor your investments.

    Additionally, the decentralized nature of cryptocurrencies makes it challenging to regulate and ensure fair play, increasing the risk of fraud or manipulation. As with any form of online gambling, there is always a risk of security breaches and hacking attempts, potentially compromising personal and financial information.

    To mitigate these risks, choose reputable platforms with robust security measures and exercise caution when managing their crypto assets.

    best crypto sports betting sites canada

    Alyx Tzamantanis

    A huge casino fan, Alyx began her career writing about all things iGaming 10 years ago. Since then, she has become an authority on the casino and sports betting industries, creating numerous guides for players on how to navigate the gambling world.Read more

    The rise in popularity of crypto in recent years has led Alyx to discover a whole new way to gamble. As such, she now spends her time advising players on the best ways to use digital assets at leading online gambling platforms.

    In her spare time, she enjoys beating her friends at poker, losing to her friends at tennis, and buying far too many clothes from Vinted.Read less