LeoVegas Sportsbook Summary
LeoVegas is an offshore sportsbook based in Sweden and Malta. In Ontario, LeoVegas is regulated by iGaming Ontario (iGO) and AGCO. Outside of Ontario, LeoVegas is not regulated by federal, or provincial/territorial authorities in Canada. This review is provided for informational purposes only and should not be considered as an endorsement or recommendation to use the platform. Canadian bettors are advised to exercise caution and gamble responsibly.
Gambling can be addictive. If you or someone you know has a problem with gambling, please seek help immediately. Support can be found in Canada at the Centre for Addiction and Mental Health, Gamtalk Treatment & Support, and Provincial/Territories helplines. Gamble responsibly and never risk funds that you cannot afford to lose.
LeoVegas Pros and Cons
LeoVegas Quick Facts
| Aspect | Details |
|---|---|
| Founded | 2012 in Sweden, 2022 in Canada |
| Licensed | Malta Gaming Authority |
| First Bet Offer | Welcome Bonus: $50 in Bonus Bets When You Bet $25 |
| Min. Deposit | Depending on the payment method, the first deposit is $10 or $20, respectively |
| Betting App | iOS and Android |
| Desktop | Yes |
| Withdrawal Time | 1-7 days, depending on the method |
| Payment Methods | Credit/debit card (including MasterCard/Visa), Interac, Apple Pay, Nuvei, Illxium, CleanPay, MuchBetter, eCashOut, Neo Surf |
| Support | 24/7 live chat, email, and social media |
| Markets | 100+ NFL, NBA, NHL, MLB. etc. |
| Available | BC, AB, SK, MA, ON, QC, NB, NS, NL, PEI, YT, NT, NU |
LeoVegas Bonuses and Promotional Offers
LeoVegas currently offers two primary sportsbook promotions:
- Welcome Bonus (Free Bets Offer):
- Details: Get $50 in bonus bets when you wager $25 on your first deposit.
- Key Points:
- Applies to sports betting only, not the LeoVegas casino section or live casino games.
- Make a $25 sports bet on any market, and when that bet settles, you'll receive two $25, 3-leg minimum parlay bonus bets.
- Available through the LeoVegas mobile app, LeoVegas online platform, and accessible to Canadian bettors.
- 50% Parlay Bonus:
- Details: Receive a 50% bonus on your parlay bets, up to $1000.
- Key Points:
- Focused solely on sports betting—covering both in-play markets and pre-match betting—across major sporting events.
- The number of parlay legs and their subsequent bonus breakdown is as follows:
- Doubles (2-legs): 5% Profit Boost
- Trebles: 10% Profit Boost
- 4 Folds: 15% Profit Boost
- 5 Folds: 20% Profit Boost
- 6 Folds: 25% Profit Boost
- 7 Folds: 30% Profit Boost
- 8 Folds: 35% Profit Boost
- 9 Folds: 40% Profit Boost
- 10 Folds+: 50% Profit Boost
Active Bonuses & Promotions
LeoVegas 50% Parlay Bonus
LeoVegas Welcome Bonus: $50 in Bonus Bets When You Bet $25
Where is LeoVegas Sportsbook Available
LeoVegas was founded in 2012 in Sweden, but in 2022, it opened its online sportsbook and casino across Canada. It is one of the only online sportsbooks available in all 10 provinces and 3 territories in Canada.
How to Sign Up at LeoVegas Sportsbook in Canada
To open an account at LeoVegas Sportsbook or LeoVegas casino, the process is the same. Either open the desktop platform or download the betting app on iOS or Android. From there, the process is straightforward:
- Find the green "Sign Up" button at the top of the main sportsbook page.
- Enter your email and choose a strong password.
- Fill in your name, date of birth, address, mobile phone number.
- Choose if you would like the LeoVegas welcome bonus.
In some cases, LeoVegas may request additional information including identification (driver's license or passport), as well as payment methods that are in your name.
LeoVegas Betting App Overview
LeoVegas Mobile Betting app offers Canadian bettors a mobile platform for sports betting and casino gaming on iOS and Android devices. The app enables quick navigation across a wide range of wagering options. Bettors can access live betting on various sports events, real-time odds, and various casino games.
In its mobile app, LeoVegas incorporates responsible gambling measures, including deposit limits, self-exclusion features, and access to professional support for those in need. Additionally, the app offers localized functionalities for Canadian users, such as currency support, regional payment methods, and customer service.
Sports and Leagues at LeoVegas Sportsbook
LeoVegas' Betting Markets
LeoVegas features numerous sports betting markets across professional sports events. The table below outlines examples of the most popular betting markets, real-life examples, and the sample decimal odds provided by LeoVegas. For each market, the "Profit on $100 Bet" column shows the net profit calculated as:
- Profit = $100 × (Decimal Odds – 1)
This value represents the additional amount won on top of the original $100 stake if the bet is successful. Actual odds and market offerings always change, so bettors should verify current odds across multiple sportsbooks before making a wager.
| Betting Market | Real Example | Decimal Odds | Profit on $100 Bet |
|---|---|---|---|
| Moneyline / Match Result | Manchester United to win vs. Chelsea (Soccer) | 2.10 | $110 |
| Point Spread | New England Patriots -3.5 vs. Buffalo Bills (NFL) | 1.90 | $90 |
| Over/Under Total Points | Los Angeles Lakers over 220.5 points (NBA) | 1.85 | $85 |
| Total Goals | Over 2.5 goals in Canadiens vs. Maple Leafs (Hockey) | 1.95 | $95 |
| Correct Score | Final score 2-1 in a Premier League match (Soccer) | 7.50 | $650 |
| Both Teams to Score | Both teams score in Senators vs. Jets (Hockey) | 1.70 | $70 |
| Draw No Bet | Arsenal vs. Tottenham (Soccer) | 1.80 | $80 |
| First Goalscorer | Messi to score first in a Barcelona match (Soccer) | 3.50 | $250 |
| Outright Winner | Novak Djokovic to win Wimbledon (Tennis) | 2.75 | $175 |
| Handicap | Roughriders -1.5 vs. Argonauts (Football) | 2.00 | $100 |
| Double Chance | Chelsea win/draw vs. Manchester United (Soccer) | 1.25 | $25 |
| Futures | Los Angeles Lakers to win NBA Championship (Basketball) | 4.50 | $350 |
| In-Play Betting | Next goal by home team in a live match (Various) | 1.80 | $80 |
| Total Points in Game | Over 210.5 points in an NBA game (Basketball) | 1.90 | $90 |
| Quarter Betting | First-quarter point spread in an NFL game (American Football) | 1.95 | $95 |
| Parlay/Accumulator | Combining match-winner and over/under in an NFL game (Multiple) | 3.20 | $220 |
| First Half/Second Half Betting | First-half draw in a soccer match (Soccer) | 2.25 | $125 |
| Outright Top Scorer | Connor McDavid as top scorer (Hockey) | 5.50 | $450 |
| Over/Under Sets | Over 3.5 sets in a tennis match (Tennis) | 2.10 | $110 |
| Correct Total Rounds | Correct total rounds (e.g., 9 rounds in a boxing match) (Boxing) | 8.00 | $700 |
| Winning Margin | New Zealand win by 8-12 points (Rugby) | 3.00 | $200 |
| Total Corners | Over 10.5 corners in a soccer match (Soccer) | 1.85 | $85 |
| First Touchdown Scorer | First touchdown scorer in an NFL game (American Football) | 4.00 | $300 |
| Total Saves | Over 30.5 saves by a goalie in an NHL match (Hockey) | 2.20 | $120 |
| Match Betting with Handicap | India -5 runs vs. Pakistan (Cricket) | 1.95 | $95 |
All About LeoVegas' Odds
LeoVegas offers competitive odds on its sports betting platform, catering to Canadian bettors and sports enthusiasts. In 2023, LeoVegas and Kambi signed a sportsbook partnership, extending their multi-year relationship. This partnership gives LeoVegas access to Kambi's extensive sportsbook technology, which is used by multiple international sportsbooks.
The sportsbook utilizes decimal odds by default, which are popular in international markets due to their clarity in showing the total payout per unit staked. Bettors can switch to American or fractional odds in the settings.
Comparing LeoVegas Odds with Other Sportsbooks
Below is a comparison of LeoVegas odds against key competitors—Stake, Sports Interaction, BetVictor, and Casumo—for an NBA moneyline bet on the game between the Toronto Raptors and the New York Knicks:
| Operator | Toronto Raptors Moneyline Odds | New York Knicks Moneyline Odds |
|---|---|---|
| LeoVegas | 1.85 | 2.05 |
| Stake | 1.88 | 2.00 |
| Sports Interaction | 1.90 | 2.02 |
| BetVictor | 1.87 | 2.03 |
| Casumo | 1.86 | 2.04 |
A $100 wager on the Toronto Raptors at odds of 1.85 would yield a net profit of $85 (i.e., $100 × (1.85 – 1)). Similarly, a $100 bet on the New York Knicks at odds of 2.05 returns a net profit of $105.
Which Sportsbook Offers the Best Value
- Team-Specific Payouts:
For a wager on the Toronto Raptors, Sports Interaction offers the highest odds at 1.90, translating to a net profit of $90 on a $100 bet. Conversely, for a bet on the New York Knicks, LeoVegas leads with odds of 2.05, offering the highest payout of $105 profit per $100 stake. - Competitive Landscape:
Each sports betting site offers odds that vary slightly. Bettors must compare these differences, as even minor discrepancies in decimal odds can affect overall profitability over time. - Informed Betting:
Understanding how decimal odds work helps bettors assess value across different operators. Always consider current market conditions, review updated odds, and exercise responsible gambling best practices when placing bets.
How to Make Payments and Withdrawals at LeoVegas
LeoVegas Canada offers several trusted payment methods that Canadian players can use to deposit and withdraw. Unlike other sportsbooks in Canada, LeoVegas does not accept cryptocurrencies. However, credit cards, e-Wallets, and additional methods are preferred choices. Here is a breakdown of all of LeoVegas' payment methods:
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How is LeoVegas' Customer Support?
To review LeoVegas' customer support, we contacted the sportsbook support team four times in one day. We reviewed their responsiveness, professionalism, sportsbook-related knowledge, and overall user experience.
LeoVegas' customer support responsiveness was slower than other brands, averaging 4 min and 18 seconds for a real agent to join the chat. After contact, the agents we chatted with answered our questions promptly and accurately. Questions ranged from odds to LeoVegas bonuses, to LeoVegas casino bonus, free bets, the LeoVegas casino app, and even major tournaments offered to LeoVegas account holders.
The table below shows the times it took for LeoVegas support to answer:
| Time ET | Response Time | Comments |
|---|---|---|
| 6:00 am | 4:52 | |
| 11:00 am | 5:40 | Before noon, LeoVegas was slow to answer |
| 5:00 pm | 3:25 | |
| 9:00 pm | 6:36 | During peak hours, LeoVegas was slowest to answer |
Contact LeoVegas Sports Betting Customer Support Team
LeoVegas Online Casino
LeoVegas Casino features hundreds of casino games by the industries leading game studios.
LeoVegas Casino offers several casino games from providers, including NetEnt, Yggdrasil, Evolution Gaming, IGT, Play N' Go, Playtech, Microgaming, Pragmatic Play, Authentic Gaming, Bally, and WMS. Some of the casino games offered are roulette, blackjack, progressive jackpots, jackpot slots, free spins, and live dealer games.
LeoVegas Casino is also a mobile casino on the same app as the mobile sportsbook. As a welcome offer, players can receive a bonus on their initial deposit, including free spins at the online casino.
LeoVegas Responsible Gambling Tools and Practices
Finding the LeoVegas responsible gambling content and tools was not as straightforward as it is with other brands. In fact, there is no mention of responsible gambling on the site's main page; rather, there is a small button at the bottom of the screen that says "LeoSafePlay."
After clicking on the link, bettors will be redirected to a short section outlining its responsible gambling tools and a link to LeoSafePlay.com. On this dedicated, responsible gambling website, bettors can take a self-assessment test and learn about how to set deposit limits, loss limits, session limits, player history, time alerts, and more. These tools can be engaged after you log in, and it is highly recommended to use them.
Security and Licensing
In 2022, LeoVegas was fined £1.32 million by the UK Gaming Commission for social responsibility and anti-money laundering (AML) failures. Social responsibility issues included unexplained high spending thresholds for triggering reviews, a mandatory 45-minute break after six hours without clear justification, failure to address harm signals (like denied deposits, canceled withdrawals, long sessions, or unusual play times), and neglect of Commission 2019 guidance. AML shortcomings involved unrealistic financial triggers, over-reliance on ineffective thresholds without considering customer income or wealth, and insufficient controls over rapid, high-volume spending.
LeoVegas addressed these issues shortly after, and the brand has maintained compliance with regulations since then.
The sportsbook and online casino are licensed and regulated under the service of the Maltese Lottery and Gaming Authority (MGA). In Ontario, LeoVegas is regulated by the Alcohol and Gaming Commission of Ontario. In the rest of Canada, LeoVegas is not overseen by any provincial or territory, and all bettors should take that into account before making a bet. This lack of regulation leaves players vulnerable to potential issues, including LeoVegas not paying out winnings, among other things.
FAQs on LeoVegas Sportsbook
General Information
What is LeoVegas Sportsbook?
LeoVegas Sportsbook is an online platform for betting on various sports and events.
In which regions is LeoVegas available?
LeoVegas Canada is available in all provinces and territories. Ontario is the only province that has licensed and regulated LeoVegas, while other regions are still working on their online wagering regulations.
Account Registration & Verification
How do I create a LeoVegas account?
You can register via the website or mobile app by clicking the “Sign Up” button. The process requires basic details like your email, name, date of birth, and address, along with identity verification for security.
What personal information is needed during sign up?
Expect to provide contact details and proof of identity, such as a driver’s license or passport. In addition, you will be asked to provide a copy of the payment method you choose that is in your name. This verification helps safeguard both you and the platform.
Bonuses & Promotions
What bonus offers are available on LeoVegas Sportsbook?
LeoVegas offers a welcome bonus in the form of bonus bets when you make your initial deposit. There are ongoing promotions like a 50% boost on parlay bets and additional daily specials. Always review the terms, as these offers include specific wagering conditions.
How do bonus terms affect my betting?
Bonuses all come with conditions (like minimum bet requirements and restrictions on bonus usage) that may influence your overall betting strategy. Understanding these details can help you manage risk more effectively.
Betting Markets & Odds
What types of sports and leagues can I bet on?
The sportsbook covers major sports like football, basketball, hockey, soccer, and tennis, as well as niche markets for sports fans. This variety gives bettors many options, though it’s always recommended to research each bet before wagering including historical data and odds comparison between bookmakers.
How are the odds determined?
LeoVegas uses statistical analysis and market dynamics to set competitive odds. Bettors can choose from decimal, American, or fractional formats depending on their familiarity and preference.
How do LeoVegas odds compare to competitors?
While LeoVegas offers competitive odds, even small differences can impact long-term profitability. Comparing odds across sportsbooks can help you spot better value when placing bets. In our test, LeoVegas was aligned with its competitors in Canada, as can be seen in the odds comparison in the “odds” section of this sportsbook review.
Payments & Withdrawals
What deposit and withdrawal methods are offered?
Options include credit/debit cards, e-wallets, and various regional payment methods. Notably, LeoVegas does not accept cryptocurrencies, which is worth considering if that’s important to you. Payments methods include:
- Visa/MasterCard
- ApplePay
- MuchBetter
- Interac
- NeoSurf
- Ilixium
- CleanPay
- Inpay WD
- eCashOut
How long do withdrawals usually take?
Withdrawal times vary by method—typically ranging from one to seven days. It’s advisable to check the specific details before wagering. There have been numerous user reviews that mention LeoVegas having very slow withdrawal options and even withholding winnings for extended periods of time. Be sure to contact their customer support team if you ever run into any issues with your withdrawals.
Mobile Betting Experience
Is there a LeoVegas mobile app?
Yes, LeoVegas provides a dedicated app for both iOS and Android. The app mirrors the desktop experience and offers real-time odds and live betting, though bettors should be cautious about overindulgence given the convenience.
Customer Support
What support channels does LeoVegas offer?
LeoVegas offers 24/7 live chat, email support, and social media contact options. This round-the-clock availability is useful, though response times can vary.
How responsive is the customer support team?
While the team generally provides accurate and helpful responses, some users have noted delays in initial contact. Planning ahead for urgent issues is recommended.
Responsible Gambling
What responsible gambling measures are in place?
LeoVegas features tools like deposit limits, loss limits, session limits, and self-exclusion options. There’s also a dedicated LeoSafePlay section that offers additional resources and self-assessment tools.
Where can I seek help if gambling becomes a problem?
If you or someone you know needs help, consider the LeoSafePlay resources along with external support organizations available in Canada, such as the Centre for Addiction and Mental Health and GamTalk Treatment & Support.
Security & Licensing
Is LeoVegas a licensed and regulated sportsbook?
Yes, LeoVegas is licensed by the Malta Gaming Authority and, in Ontario, is regulated by the Alcohol and Gaming Commission. However, it is not regulated in some regions, so users should be mindful of the regulatory environment.
Have there been any compliance issues?
In 2022, LeoVegas faced fines related to social responsibility and anti-money laundering practices. The company addressed these issues, but staying informed about any ongoing concerns remains important.
About LeoVegas
Who operates LeoVegas Sportsbook?
Founded in Sweden in 2012 and expanding into Canada in 2022, LeoVegas is now part of MGM Resorts International. This background highlights its long history, though industry consolidations can affect how the platform operates over time.
About LeoVegas
LeoVegas AB is a Swedish mobile gaming company founded by Gustaf Hagman (co-founder and Chief Executive Officer) and Robin Ramm-Ericson (co-founder). It provides online casino and sports betting services, such as table games, video slots, progressive jackpots, video poker, and live betting, to several international markets. LeoVegas Gaming Ltd. is a subsidiary of MGM Resorts International after the U.S. company acquired LeoVegas on May 2, 2022.
More Canadian Sportsbooks
- Range of Responsible Gambling Tools: Stake Sportsbook provides deposit limits, reality checks, self-exclusion options, and access to external responsible gambling support.
- Variety of Payment Methods: Supports traditional (credit/debit cards, bank transfers) and cryptocurrency transactions.
- Live Betting and Market Variety: Offers in-play betting and multiple betting markets across major leagues.
- Account Verification Process: Requires identity verification to comply with regulations and ensure user security.
- No Federal or Provincial Regulation in Canada: Stake is not licensed by any provincial gambling authority in Canada. It operates under an offshore Curacao license.
- Potential for High-Risk Gambling with Cryptocurrency: Transactions in cryptocurrency can lead to faster deposits and withdrawals, which may contribute to riskier gambling behavior.
- Withdrawal Processing Time Varies: Depending on the method used, withdrawals can range from instant to up to 7 days.
- Not Yet Available in Ontario: Stake Sportsbook is not yet available in Ontario.
- No Mobile Betting Apps: Stake Sportsbook does not have an iOS or an Android app and is only available on desktop or via mobile browser.
- Availability: LeoVegas is available in all 10 provinces and 3 territories in Canada.
- Competitive Odds: LeoVegas has competitive odds and numerous markets on a range of sports.
- Dedicated Responsible Gambling Site: Although tough to find, LeoVegas provides a dedicated website for responsible gambling.
- Wagering Requirements: LeoVegas Welcome Bonus has very high wagering requirements for new bettors.
- Responsible Gambling Hard to Find: LeoVegas makes finding responsible gambling content hard to find including limiting tools.
- Margin (Vig) on certain markets can reach upwards of 10%, which is very high comparable to other sportsbooks.
Meet our Experts
Paruyr Shahbazyan started his business career as an entrepreneur in 2000. Over 13 years, he learned business and leadership, which laid the foundation for his career.
In 2013, Paruyr entered the sports and betting industry as the founder and president of Bookmaker Rating, an online media platform he led until 2020. The platform focuses on in-depth analysis and insights in sports betting and has gained a reputation for quality content.
In 2022, Paruyr co-founded Azuro, a decentralized betting protocol. This shows his commitment to technology in the sports betting space. Through all these experiences, Paruyr has been shaping and influencing the betting industry, setting new trends and standards.
Innovation in sportsbetting comes from a deep understanding of both technology and the human element of sports.
Strategic Vision
Paruyr's vision is to revolutionize the sports entertainment industry by integrating technology. He sees the future of sports entertainment as a blend of traditional sports knowledge with innovative tech solutions, like decentralized protocols, to enhance user experience and fairness. He aims to create platforms that are not only user-friendly but also uphold the highest standards of ethical reporting, contributing to a more responsible and enjoyable sports culture.
