Payment methods at sportsbooks in Canada

What payment methods are available?

There are many different payment methods you can use to deposit and withdraw money at sportsbooks in Canada. All of them involve different processes and come with their own advantages, which is why BET.CA is here to help with our in-depth guides to the payment methods available to you.

Each of our payment method reviews includes information on which sportsbooks accept it, the pros and cons of using it, as well as how to use it on mobile. Check out them now to ensure that you’re never stuck again when it comes to moving funds to and from your betting account.

Best payment methods for sportsbooks in Canada

Amex

American Express is one of the most popular card providers in the country, thanks to the numerous perks they offer and strong customer service.

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Apple Pay

Apple Pay is a straightforward option for sports bettors to deposit funds to betting sites, and is available to anyone who owns a range of Apple products.

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Bitcoin

Bitcoin is a cryptocurrency that has grown in popularity during the last decade and has been praised for both its anonymity and speed.

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eCheck

eChecks (or electronic checks) have been increasingly accepted by sportsbooks and betting sites as a deposit method in recent years.

ecoPayz

ecoPayz is a payment method that has evolved during the last two decides into a fully-fledged e-wallet service now accepted by major sportsbooks.

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iDebit

iDebit provides safe and secure transactions at sportsbooks without the need for a credit card, making it convenient for bettors in Canada.

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Instadebit

Instadebit offers a secure payment option tailored for the Canadian market, with coverage for more than 99% of Canadian bank accounts.

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Interac

For reasons including its safety, security, and reliable transaction speed, Interac has been popular with bettors in Canada for many years.

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Mastercard

Using Mastercard at sportsbooks has been on the rise recently, due to its widespread availability and speedy and safe deposits.

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MuchBetter

MuchBetter is an e-wallet service that prioritizes mobile, with financial transactions approved using dedicated apps for iPhone and Android.

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PayPal

You can now make deposits and withdrawals using PayPal at a range of sportsbooks, and sports bettors in Canada are doing exactly that.

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paysafecard

paysafecard is a prepaid online payment method based on vouchers with a 16-digit PIN code, which also comes with certain e-wallet services.

Visa

Visa is simple to use and has quick processing times, making it an option worth considering if you deposit to betting sites on a frequent basis.

What do I need to make a deposit at a sportsbook?

When depositing to a sportsbook or using a certain payment method with a betting site for the first time, you will be required to provide information to enable that deposit to be processed. While this will vary between sportsbooks, this will likely include the name and basic details for your bank account, and account information (e.g. account number, card number, e-mail address, or verification code) for the payment method you are using.

In most cases, the sportsbook should detail which information they need you to provide and guide you through any verification checks that need to be completed. On all of our payment method reviews, we also provide an example of how to make a deposit at a supporting sportsbook using that method.

Payment methods FAQs

Does every sportsbook offer the same payment methods?

Do sportsbooks all charge the same fee for using a payment method?

Which is the best payment method to use?