Ontario Sports Betting

1 min read

Ontario Sports Betting

Ontario's sports betting landscape has undergone significant changes in recent years, offering residents and visitors a wide array of legal betting options. 

This comprehensive guide will explore the ins and outs of sports betting in Ontario, from its legal status to the best sportsbooks and betting strategies.

Legal Ontario Sports Betting

Sports betting in Ontario has been legal for decades, but the scope and accessibility have expanded dramatically in recent years. 

The province now offers a robust and regulated market for both online and retail sports betting, providing bettors with numerous options to engage in their favorite pastime.

Ontario launched its regulated online sports betting and iGaming market on April 4, 2022, opening the door for private operators to offer their services in the province.

What is Legal Sports Betting in Ontario?

Legal sports betting in Ontario encompasses a wide range of activities, including:

  1. Online sports betting through provincially licensed operators
  2. Retail sports betting at casinos and other authorized locations
  3. Parlay betting through the Ontario Lottery and Gaming Corporation (OLG)

Bettors in Ontario can legally wager on various sports events, from professional leagues to college sports and international competitions. The minimum age for sports betting in Ontario is 19 years old.

Ontario Sports Betting Legislation Timeline

The evolution of sports betting legislation in Ontario has been a gradual process:

  1. 1985: The Criminal Code of Canada is amended to allow provinces to operate lottery schemes, including sports betting.
  2. 1992: Ontario introduces Pro-Line, a parlay-style sports betting product operated by OLG.
  3. 2021: The Canadian government passes Bill C-218, legalizing single-event sports betting nationwide.
  4. April 4, 2022: Ontario launches its regulated iGaming market, allowing private operators to offer online sports betting.

Sportsbooks Available in Ontario

DraftKings Sportsbook
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BetMGM Sportsbook
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Bet365 Sportsbook
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Bally Bet Sportsbook
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Best Ontario Sportsbooks

Ontario's regulated market has attracted numerous reputable sportsbooks. Some of the top options include:

  1. bet365
  2. FanDuel
  3. DraftKings
  4. BetMGM
  5. Caesars Sportsbook
  6. PointsBet

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Always ensure you're using a sportsbook licensed by the Alcohol and Gaming Commission of Ontario (AGCO) to guarantee a safe and fair betting experience.

Online Sports Betting in Ontario

Online sports betting has become increasingly popular in Ontario, offering convenience and a wide range of betting options.

Licensed operators provide secure platforms accessible via desktop computers and mobile devices, allowing bettors to place wagers from anywhere within the province.

How Can I Sign Up For An Online Sportsbook in Ontario?

Signing up for an online sportsbook in Ontario is a straightforward process:

  1. Choose a licensed sportsbook and visit their website or download their app.
  2. Click on the "Sign Up" or "Register" button.
  3. Provide your personal information, including name, address, and date of birth.
  4. Create a username and password.
  5. Verify your identity by uploading the required documents.
  6. Agree to the terms and conditions.
  7. Make your first deposit and start betting.

What Sports Can I Bet on in Ontario?

Ontario sportsbooks offer a wide variety of sports and leagues to bet on. Here are some of the most popular options:

NFL

The National Football League is one of the most popular sports for betting in Ontario. Bettors can wager on regular season games, playoffs, and the Super Bowl. Popular bets include point spreads, moneylines, and totals.

CFL

The Canadian Football League is another popular betting option in Ontario. Sportsbook users can make bets on regular season games, playoffs, and the Grey Cup. Three of the league's nine teams reside in Ontario.

NBA

Basketball fans can bet on NBA games throughout the season, including the playoffs and Finals. Ontario sportsbooks offer a range of betting options, from traditional point spreads to player prop bets.

MLB

Major League Baseball provides numerous betting opportunities, with a long regular season and exciting postseason action. Bettors can wager on game outcomes, run totals, and player performances.

NHL

Hockey holds a special place in Canadian sports culture, and Ontario bettors can wager on NHL games, including those featuring local teams like the Toronto Maple Leafs and Ottawa Senators.

College Sports

While not as prominent as in the United States, college sports betting is available in Ontario. Bettors can wager on major NCAA events and tournaments in various sports.

NASCAR

Motorsports enthusiasts can bet on NASCAR races, including individual race winners, top finishers, and season-long championships.

Ontario's Sports Teams to Bet On

Ontario is home to several professional sports teams that attract significant betting interest:

  1. Toronto Maple Leafs (NHL)
  2. Toronto Raptors (NBA)
  3. Toronto Blue Jays (MLB)
  4. Toronto FC (MLS)
  5. Ottawa Senators (NHL)
  6. Toronto Argonauts (CFL)
  7. Hamilton Tiger-Cats (CFL)
  8. Ottawa Redblacks (CFL)

Ontario College Sports Teams

While betting on college sports is allowed in Ontario, it's important to note that the province doesn't have a significant college sports scene comparable to the NCAA in the United States. 

However, bettors can wager on U Sports events, which is the national governing body of university sports in Canada.

Types of Wagers Available

Ontario sportsbooks offer a diverse range of betting options to cater to different preferences and strategies:

Moneyline

A straightforward bet on which team or player will win a game or match.

Parlays

Combining multiple bets into a single wager for potentially higher payouts.

Totals

Betting on whether the combined score of a game will be over or under a specified number.

Point Spreads

Wagering on the margin of victory in a game, with one team given a handicap.

Futures

Long-term bets on outcomes such as championship winners or season MVP awards.

Prop Bets

Wagers on specific events within a game, often unrelated to the final outcome.

Live Bets

Placing bets during a game as odds fluctuate based on the action.

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Understanding different bet types can help you develop a more diverse and potentially profitable betting strategy.

Prohibited Bets

While Ontario's sports betting market is relatively open, there are some restrictions on certain types of wagers:

  1. Betting on events involving minors (under 18 years old)
  2. Wagering on non-sporting events, such as elections or entertainment awards
  3. Betting on amateur sports below the U Sports level

Choosing the Right Ontario Betting Site

Selecting the right sportsbook is crucial for a positive betting experience. Consider the following factors when making your choice:

What Should I Look For When Deciding Which Ontario Online Sports Betting Site is Right for me?

  1. Licensing and regulation: Ensure the sportsbook is licensed by the AGCO.
  2. Competitive odds: Compare odds across multiple sites to get the best value.
  3. Bonuses and promotions: Look for attractive welcome bonuses and ongoing promotions.
  4. User interface: Choose a site with an intuitive, easy-to-use platform.
  5. Mobile compatibility: Opt for sportsbooks with well-designed mobile apps.
  6. Customer support: Prioritize operators with responsive and helpful customer service.
  7. Banking options: Select a site that offers convenient deposit and withdrawal methods.
  8. Range of betting markets: Choose a sportsbook that covers the sports and events you're interested in.

Why Should I Have At Least 3 Ontario Sportsbook Accounts?

Having multiple sportsbook accounts offers several advantages:

  1. Line shopping: Compare odds across different sportsbooks to find the best value.
  2. Diverse promotions: Take advantage of various bonuses and offers from different operators.
  3. Expanded betting options: Access a wider range of sports and betting markets.
  4. Reduced limitations: Spread your action across multiple books to avoid account restrictions.

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Maintaining accounts with multiple sportsbooks can significantly enhance your betting opportunities and potential profitability.

What Deposit And Withdraw Options Are Available?

Ontario sportsbooks typically offer a variety of banking options, including:

  1. Credit/debit cards
  2. e-wallets (PayPal, Skrill, Neteller)
  3. Online bank transfers
  4. Interac
  5. Prepaid cards
  6. E-checks

Sports Betting in Ontario: The Big Picture

The sports betting industry in Ontario has grown rapidly since the launch of the regulated market. 

With a population of over 14 million and a strong sports culture, the province has become one of the largest sports betting markets in North America.

Ontario Sports Betting Tax Rate

Sports betting revenue in Ontario is subject to taxation. Licensed operators pay a 20% tax on gaming revenue to the province. This tax helps fund various government initiatives and programs.

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As a bettor, you are not directly responsible for paying taxes on your winnings from sports betting in Ontario. However, if you consider yourself a professional gambler, you may need to report your income to the Canada Revenue Agency.

Importance of Responsible Gaming in Ontario

Responsible gaming is a crucial aspect of Ontario's sports betting industry. 

The province and licensed operators are committed to promoting safe gambling practices and providing resources for those who may be experiencing gambling-related issues.

Key responsible gaming initiatives in Ontario include:

  1. Self-exclusion programs
  2. Deposit and betting limits
  3. Time management tools
  4. Access to problem gambling helplines and resources
  5. Mandatory responsible gaming training for industry employees

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If you or someone you know is struggling with gambling addiction, contact ConnexOntario at 1-866-531-2600 for support and resources.

Ontario Sports Betting FAQ

Legality
Is sports betting legal in Ontario?
Ontario Sports Teams
Can I bet on Ontario sports teams?
Offshore Sportsbooks
Are offshore sportsbooks legal in Ontario?
College Sports
Can I bet on college sports in Ontario?
Licensing
How do I know if a sportsbook is licensed in Ontario?

Summary of Ontario Sports Betting Options

Ontario offers a diverse and well-regulated sports betting market, providing numerous options for bettors:

  1. Online sports betting through licensed operators
  2. Retail sports betting at casinos and authorized locations
  3. OLG's Pro-Line parlay product
  4. A wide range of sports and betting markets
  5. Competitive odds and promotions from multiple sportsbooks

With its commitment to responsible gaming and consumer protection, Ontario has established itself as a leader in the North American sports betting industry. 

As the market continues to evolve, bettors can expect even more innovations and opportunities in the future.