Ontario Sports Betting in 2024: Best Ontario Sportsbooks

How To Sign Up At An Ontario Sports Betting Site

If you are interested in how to gamble on sports in Ontario, we want to help you get started. We showcase the best Ontario online sports betting sites and provide you with a sportsbook review for each. When you are ready to register for your first Ontario sports betting account, all you need to do is follow these simple steps. 

Recent Legal Sportsbooks to Launch in Ontario

There are more than 30 total Ontario sportsbooks and the newest operators to launch include NEO.bet and Betsafe. Both brands launched in April 2023, so it's been more than a year since a new betting site opened shop locally.

As the market matures, online sports betting sites won't open up as rapidly as they have over the last three years. If you want to keep up with new options, check out our new Ontario sportsbooks page.

This Week's Ontario Sports Betting Schedule

Take a look at the schedule for every team in Ontario that you can bet on during the week of Dec 16, 2024. 👇

Odds & Lines in Ontario Sports Betting This Week

Sports Betting at an Ontario Betting Exchange

Betting exchanges have a long history in online betting. In simple terms they allow you bet directly with other sports bettors. Th concept originates in finance where stock exchanges match willing buyers with willing sellers.

The odds that you get for your bet have to be agreed with another sports bettor, they are not set by the sportsbook. In other Ontario sportsbooks you are always betting against the house, and the house always has an edge. That’s what gives them a profit. In a betting exchange the house takes a fee for each bet but has no financial interest in the outcome.

According to STX:

“Because STX doesn’t take the other side of its traders’ bets, we avoid the predatory mechanisms like restrictive limits, outright bans, and discounted “cash-outs” that you find at a traditional sportsbook.”

STX is Ontario’s First Betting Exchange

July 26, 2023 saw STX gain its final regulatory approvals and enter the Ontario sports betting market. The STX betting exchange offers a state of the art trading exchange built on a modern day technology stack. The user interface is a lot simpler than that all sounds! 

When you are looking for a comprehensive range of sports betting options it makes sense to take a look at the STX Ontario Sportsbook. It may not be your main sportsbook but for range of events it may well offer you better odds than you can get at traditional betting sites. 

Ontario Sports Betting Online: How We Got Here

In June 2021 Parliament passed Bill C218, the Safe and Regulated Sports Betting Act. This ended the federal prohibition on single game sports betting. Since 1975 the OLG has operated the lottery in Ontario. The internet age brought an influx of internet gambling to OLG. Many Canadians, however, continued gambling at offshore sites.

Ontario Sportsbooks have brought offshore gambling back to the province where bettors are protected with regulation and safety measures. The Province has established a licensing and regulatory system that allows international sportsbooks to operate under the supervision of the Ontario gambling regulator.

For more information from our expert reporter who followed the coverage closely, check out Single-Event Sports Betting in Ontario: How We Got Here by Mark Keast.

Ontario Sports Betting Timeline

• 📅 November 19, 2024: Gamblers in Ontario wagered $18.7 billion across all platforms in the second-quarter, the largest of any since its initial launch in 2022.
• 📅 October 7, 2024: The Senate Committee on Transport and Communications has advanced Bill S-269, which proposes a national framework to limit sports betting advertising in Canada, aiming to restrict the number, scope, and location of such ads.
• 📅 September 16, 2024: Ontario reports a total betting handle of $18.4 billion in Q2 of 2024, a 31% increase from last year.
• 📅 August 20, 2024: Earlier this summer, it was confirmed that the Senate is considering the National Framework on Advertising for Sports Betting Act, which regulates advertisements of legal sportsbooks in Ontario.
• 📅 April 4, 2024 - Recent study shows that 86% of Ontario gambling done at legal sports betting and casino sites, increasing from the previous number of 70%.
• 📅 January 17, 2024 — Sports betting in Ontario continues to thrive, according to an iGaming Ontario report, which revealed the province’s regulated market generated total gaming revenue of $658 million over the third quarter in 2023 — a 22% increase over the second quarter.
• 📅 August 29, 2023 — The Alcohol and Gaming Commission of Ontario (AGCO) announced it updated the Registrar's Standards for Internet Gaming to prohibit the use of athletes and celebrities. The commission said the new restrictions would officially go into effect on February 28, 2024.
• 📅June 21, 2023 — According to a report released by iGaming Ontario, the province generated over 1.48 billion in revenue in the first year in which sports betting was legal.
• 📅 April 4, 2023 — Ontario sports betting and online gambling celebrate their first anniversary of being a legal market.
• 📅 October 31, 2022 — Last date for grey market sportsbooks to apply for a licence. These are sportsbooks that offered services in Ontario before the new laws were passed.
• 📅 October 3, 2022 —The AGCO approved Betsafe for Ontario sports betting.
• 📅 September 19, 2022 – Fallsview Casino launched their sportsbook.
• 📅 September 7, 2022 — The AGCO approved Pinnacle for an Ontario sports betting licence. They must now negotiate an operating agreement with iGaming Ontario so they can launch.
• 📅September 1, 2022 — Bet99 is approved by the AGCO.
• 📅 August 30, 2022 — The first quarterly reports is released by iGaming Ontario (iOG). Since the market opened in April Ontario bettors placed $4.1 billion in wagers. The licensed operators received $162 million in gross gaming revenues. These figures do not include the former province gambling monopoly OLG which continues to operate in the market.
• 📅 April 4, 2022—The new competitive Ontario online sports betting and casino market opens for business. Thirteen new brands are licensed to launch providing competition for ProLine+ the former state monopoly.
• 📅 2021--Bill C-218 (The Safe and Regulated Sports Betting Act) passes the House in April and the Senate in June.
• 📅 2020 -- C-218 (The Safe and Regulated Sports Betting Act) was introduced by member Kevin Waugh in February. This law enables Canadian provinces to establish their own laws to provide single game sports betting. Previously sports bets had to be in the form of parlays.
• 📅 2012 – C-290 collapsed after failing to get a vote in the Senate. The bill to authorize online sports betting passed the House.
• 📅 2011—Bill C-290 is presented to the House. Joe Comartin proposes to amend the Criminal Code to allow single game sports betting.
• 📅 1992—Ontario Lotteries and Gaming (OLG) launches its legal sports betting service in October.

Single Game Betting in Ontario

So what is single game sports betting in Ontario? Single game sports betting allows bettors to place a wager on the outcome of one specific event or game. This contrasts with other forms of betting, such as parlay betting, where bettors must correctly predict the outcomes of two or more events in order to win. Bettors can bet on various aspects of a game, including - The game's final outcome, point spread, over/under, proposition bets. Single game sports betting is popular due to its simplicity and the wide variety of betting options it offers within a single game, allowing bettors to focus their predictions and strategies on one event rather than multiple like parlay betting or DFS. Ontario single game betting is the premier type of betting available in the province.

Top 5 Ontario Retail Casinos for Sports Betting

The biggest Ontario land based casinos are all eager to get sports betting launched so they can compete with online providers. The top 5 Ontario casino sportsbooks will probably be – in our opinion:

🏈 NEW: Bet on the nearby Bills Playoff Chances

Casino Woodbine

In a beautiful location next to the Humber River Casino Woodbine has space for over 100 casino table games. There are also 3,500 slots all supported by a selection of restaurants and entertainment options, not the least of which is the horse racing track.

Casino Rama Resort

Fast into the market, the Rama Casino is a First Nations Casino. It offers a fabulous fantasy experience with 2.200 slots and table games to choose from. Entertainment is a major feature with a 5,000 seat venue and a packed schedule of big name acts. A sportsbook will complement the services perfectly.

Fallsview Casino Niagara

Top Ontario tourist destination Niagara Falls has a superb casino that takes full advantage of the natural beauty of its location. The Fallsview Casino will get its Kambi powered sportsbook possibly before the end of 2022.

Great Blue Heron Casino

Based on Scugog Island the Great Blue Heron offers stunning views from its famous Water's Edge Restaurant. A great place to relax after a few hours at the 30 casino game tables and the thousands of slot machines. It also offers a great poker room with daily tournaments and cash games. Plans are afoot for a whole new sorts betting lounge.

Gateway Casinos Sault Ste. Marie

Smaller than our other top five the Gateway has a full range of slots and table games but fewer casino amenities than its larger brothers There is a good restaurant and snacks are available but a good sports betting bar could add a lot to the services on offer.

For more information, check out how to bet on sports in Ontario.

 

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Use Your Phone to Place A Sports Bet in Ontario

Most Ontario sports betting will take place via a smartphone or tablet. All of the licensed Ontario online sportsbooks offer a dedicated app for Apple iOS and Android or a mobile friendly website. They will even offer dedicated Ontario betting apps that are sometimes integrated together with both products.

You can usually download the apps from the App Store or Play Store. Your Ontario sportsbook will provide a direct link. Sometimes you can download the Android app direct from the sportsbook. If so you may have to change the security settings on your mobile to allow installation from an unknown source.

Funding Your Ontario Sportsbook Account

Online Canada sports betting is paid for entertainment so you do need to deposit some cash before you can place real money bets. Legal province regulated betting in Canada means you can use the legal banking system for your deposits and withdrawals.

It also means your financial transactions at Ontario sports bookies are secure with full data protection and your funds are held in segregated accounts.

Banking Options

The big advantage of having online gambling regulated locally in Ontario is that you always know your money is safe – as long as you use an Ontario licensed betting site. Even more safety comes from being able to use the legal banking system and the banking options that Ontarians prefer. Each Ontario sportsbook establishes its own relationship with banks and payment processors so options vary. At your sportsbook or online casino you should see some or all of the following:

Ontario Sportsbook Deposit Options

There are usually more options to deposit than there are to withdraw:

• Mastercard Visa – You may use your usual debit and credit card so long as your bank is comfortable with legal online gambling transactions.
• PayPal – The globally popular payment processor PayPal is now accepted at Ontario betting sites. This is one of the fastest ways to deposit and withdraw.
• Interac e-Transfer – The Interac service links your bank account to your sports betting account. This creates a very high level of security for all your transactions.
• Apple Pay – Apple Pay has become an extremely popular way to pay. The app is available at the Apple store and works on your iOS phone or tablet.
• Online Banking – For large transactions bank wire transfers are extremely secure and relatively quick. Your usual online banking service can be set up to deposit and withdraw very quickly.
• iDebit – This is a third party app that links your bank account to iDebit to enable you to make secure, real–time payments without using a credit card.
• Paysafecard – The Paysafecard works like a credit or debit card but you preload it with cash. The service means that your gambling transactions do not go through your bank account or credit card accounts.
• ecoPayz – ecoPayz offers an international service where you can send and receive money to and from other countries as well as within Ontario. The all in one app is free and works on Apple and Android devices.
• Check – Some operators allow you to deposit by paper check. This is slower than online options but suits some bettors who dislike online transactions.

Ontario Sportsbook Withdrawal Options

You usually use the same method to withdraw as you did to deposit. This is not always possible. If you place your bets at the former state monopoly sportsbook PROLINE+ you will see that there is only one withdrawal method permitted: online bank transfer. Most commercial Ontario sports bookmakers and online casinos offer a wider range of options drawn from the list of deposit options above.

Withdrawals cannot be processed until you have verified your account. This involves proving your identity to the licensed gambling operator. The process is not instant but usually takes a maximum of five days.

 

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What Sports You Can Bet on in Ontario

The top sports betting sites will tailor their sportsbooks for their audience--you! That means that you can expect to see full coverage of the most popular sports in Canada.

• Hockey Ice hockey is officially the National Winter Sport of Canada. Hockey betting in Ontario will offer a full range of bets on major and minor games. No surprises there and the most popular games are those in the NHL featuring Canadian teams. Sadly Wayne Gretzky has retired but if you want to bet on other Ontario players you will find plenty of live sports betting opportunities to do so.
• Football The NFL games involving Canadian teams are another betting extravaganza for Ontario sports betting. The modern sportsbooks offer many different ways to bet above and beyond simply picking the winner of a game. Betting during live games is allowed and fast real time data feeds mean the sportsbooks can offer rapidly changing odds as a game ebbs and flows.
• Soccer The new entrants to Ontario's sports betting market are sure to offer soccer bets for the Canadian Premier League, Major League Soccer and the United Soccer League. Soccer is the biggest sport in Canada by participation and is sure to attract a lot of betting interest including for international tournaments like the FIFA World Cup.
• Basketball The Toronto Raptors have energized Canadian interest in basketball over the last few years. The Raptors won the NBA Championship in 2019, the first non-US team to do so. If you want to bet that the Raptors can do it again in 2024 you can do so using a futures bet.
• Lacrosse Canada's oldest sports is also its second most popular spectator sport. There's an old adage in gambling that bettors make audiences and audiences make bettors. If that holds true for Ontario expect a lot of money to be wagered on the major lacrosse events.
• Golf The first Canadian Golf Open Championship took place in 1904. Since then golf has grown steadily as a Canadian sports and now top Canadian golfers take part in golfing competitions around the world. The recent sportsbooks have a lot of experience laying odds for international competitions but they will also offer Canada betting market specific events such as the Willingdon Cup.
• Baseball The Toronto Blue Jays may be the only Major League Baseball (MLB) team in Canada but there are around 75 other towns and cities with minor league teams. The best Canadian online sportsbooks will make betting markets so you can bet on MLB games but also on the local Canadian events.

What Else Can You Bet on in Ontario

Online gambling is available for much more than just the major sports. There are many other events that are offered through recently launched sports betting sites in Ontario's , including:

• Horse Racing The racetracks opposed the new federal bill that legalized single event betting. That is until an exemption was made for horse racing. The new Ontario betting sites are not allowed to offer horse race betting. To bet on a single horse you will still need to visit the track.
• Politics Election betting is legal although some of the province gambling monopolies don't think it is appropriate for them to offer such betting. The new Ontario licencees don't represent the Crown so there should be plenty of opportunities to bet on Canadian politics.
• Award Ceremonies The Oscars provides an annual betting opportunity to make the long, long experience of the awards ceremony a little more interesting. Some of the new Ontario betting sites have experience offering betting on the Oscars but don't expect great odds for your bets. Awards ceremonies are not easy risks to calculate.
• Esports Esports betting is legal in Ontario with the proviso that the specific matches and events have integrity safeguards. At the moment exactly what will and will not be allowed is unclear, however Ontario esports fans should be able to bet on the major international competitions soon.
• UFC After a brief pause, UFC betting is back in full swing across the country. Fans can now place legal wagers on their favorite fighters at various online sportsbooks, with a wide range of betting options available.

Ontario Teams to Bet On

Ontario is blessed with some of the top teams in major league sports.

• Toronto Blue Jays In MLB the Toronto Blue Jays play in the American League (AL) East division. World Series Champions in 1992 and 1993 they slumped till 2015 when they made the play offs. They've done better in the last five years and once again a bet on the Blue Jays has a realistic prospect of winning.
• Toronto Maple Leafs The Maple Leafs can boast 13 Stanley Cup victories although the last was in 1967. More recently they won the NHL Atlantic Division championships in 2020 and 2021. The new Ontario sports betting operators are expecting to see a lot of action every time the Leafs play.
• Toronto Raptors In the last decade the Toronto Raptors have done well in terms of winning NBA division titles winning in 2014, 2015, 2016 and 2018, 2019 and 2020. This spree of success culminated in winning the NBA Championship in 2019. Such a performance led to a massive increase in interest in basketball in Ontario. If they make the finals again in 2024 betting will be electric.
• Ottawa Senators The Sens would love to take more NHL titles but at the moment they are playing second fiddle to the Leafs. Sports betting in Ontario would skyrocket if these two meet in anger on the field for a Divisional title.
• Toronto FC Toronto FC was the first Canadian team in Major League Soccer (MLS) when it joined in 2007. They have won the MLS Cup twice in 2017 and 2019. The MLS Cup 2021 plays on December 11. That should give a boost to Ontario sports betting coming only five days after the new sports betting operators are due to launch.

Other Popular Teams & Sporting Events to Place a Bet On

Types of Bets You Can Make at Online Ontario Betting Sites

Modern sportsbooks offer many different ways to bet on sports events. The most popular offered by almost all Ontario betting sites are:

• Moneyline A simple bet on the winner of a game.
• Totals A bet on the combined score of both teams in a match. The online Ontario sportsbook sets a line and you can bet on the over or the under.
• Spread Bet Similar to a totals bet but this time the line is set on which team will win and by how many points. If your team wins by more points than expected you "beat the spread."
• Parlay A parlay links several bets together. You must get them all right to win your bet. Probabilities multiply to produce the chance of winning a large pay out for a relatively small stake.
• Teaser This bet links together spread bets into a parlay bet.
• Futures Of course all bet are on future events but a futures bet is on an event where the outcome will not be known for a long time. For example, you can bet on the winner of the 2024 Super Bowl at the beginning of the NFL season.

 

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Live Betting Options in Ontario

Ontario live sports betting is betting after a match has started. The best live betting options in Ontario are all online at Ontario licensed sports betting sites. There is a good reason for this; 100% legal and licensed betting sites get access to official game data. Offshore sportsbooks simply cannot compete with Ontario sports bookies when it comes to live betting. 

The near real time data combined with the incredible technology modern betting sites deploy mean they can offer live betting options that would have seemed impossible only a decade ago. Top Ontario sportsbooks offer early cash outs, for example. While you are watching the big game you might decide that your wildly out of the money completely improbable bet might actually pay off. If only your team can hang on for the next 20 minutes! 

Rather than take the stress you can cash out that bet early. You won’t get a full pay out because the outcome remains uncertain but you will lock in most of your winnings. Alternatively, you may decide to cut your losses on a bet that has gone badly wrong. Real time data is what makes these things possible.
 

Ontario Professional Sports Teams Partners

Since the official launch of legal sports gambling in Ontario, Maple Leaf Sports & Entertainment (MLSE) has announced multiple partnerships. Currently, FanDuel, PointsBet and PokerStars have inked deals with MLSE, giving them the ability to work directly with several professional sports franchises in Canada. Here's what we know about Ontario-based team partnerships that have been made official. 

What is the Alcohol and Gaming Commission?

The AGCO (Alcohol and Gaming Commission of Ontario) holds a crucial role in regulating sport and event betting in the province, encompassing both traditional avenues like casinos and lottery products, and more. Operators are mandated to ensure player protection, adhere to stringent game integrity standards, and promote responsible gambling under the AGCO's regulatory framework. To provide sport and event betting, companies must be AGCO-registered and managed by either iGaming Ontario (iGO) or the Ontario Lottery and Gaming Corporation (OLG). The Registrar’s Standards for Gaming, Internet Gaming, and Lottery sectors form the bedrock of AGCO's regulatory framework. Stringent standards have been devised to manage the broader range of betting options, aiming to thwart activities like insider betting and game manipulation, and ensuring the well-being of Ontarians.

Why Trust Ontariobets?

Here at Ontariobets, we have a team that has over 20 years in the sports betting and online gambling space. We are not online sports bettors ourselves but we care about our readers by educating on what security and safe betting features are available. We make sure to dive into all of the details of betting at an online operator, so make sure that you check out our reviews before signing up for one. 

Start Betting on Your Favorite Sports in Ontario, Canada

Ontario is the first Canadian province to take advantage of the new federal law. More than just expand gambling to single events, the Ontario sports betting industry has opened to competition. You can now access the best global brands in online sports betting. You can do so 100% legally and know that the Ontario sportsbook revenues are taxed and it is Ontario residents that will benefit from your sports betting. This is all monitored by the Ontario lottery and gaming corporation.

There is no sensible reason not to move your online betting to the regulated market. You get legal protection, your money is safe and you can bet at the best online bookies Ontario has to offer. It is time to bring your online gambling back onshore. onshore.

If you are a sports fan who has worried about the risks of online gambling you need worry no more. The Ontario gambling regulator has got your back. You can now safely gamble online in the province. Follow the advice in our Ontario sportsbook review and you won't go wrong.

 

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