What Deposit Options Are Available at Canadian Betting Sites?
In Canada, many online gaming sites receive deposits using various methods. InstaDebit and Skrill (Moneybookers) have been the two most sort after payment options by Canadian gamblers.
Millions of gamblers globally use Skrill, a popular e-wallet. One reason for that is due to the fact you only need to key in your email address connected with your account to make a transaction. This way, you have various funding methods such as credit card, bank transfer and others at your disposal when it comes to funding your Skrill wallet. Like other online wallets, one can withdraw winnings to the same account used in depositing money using Skrill.
One of the most popular e-wallets at top Canadian sportsbooks is InstaDebit. However, it can be only used by people who come from Canada, while Skrill can allow people to register for an account even if they are from a different country. This payment solution is tightly integrated with the banking systems of Canada and allows Canadians to fund their e-wallets through their bank accounts or credit cards. At this point you will have money in your online wallet that you can activate on any site among the best betting sites.
Normally, bank transfers move money from your personal bank account to the betting site and usually take one or two business day. This is a nice option if you do not want to use Skrill or InstaDebit, although it will often be much more expensive. A person-to-person transfer using MoneyGram – or another money transferring service – costs the most and is somehow kind of a pain, but it still remains an additional option for sending funds.
What happened to our mention of NETELLER? This e-wallet is not used at Canadian betting sites anymore as its services were discontinued for Americans in 2006 and soon after Canadians also. NETELLER decided to pull out of Canada after the US Government’s clampdown on online gambling.
Popular Sports at Betting Sites in Canada
Canadian online sports betting will always spell ice hockey as its guiding principle. Of the 31 National Hockey League (NHL) franchises, seven are Canadian and the other 24 are based in the United States.
Should you be one who loves Toronto Maple Leafs or Montreal Canadiens, your money might just have to go on them winning the Stanley Cup. For each game apart from outright markets, the best Canadian sports betting sites will offer quite a number of other markets too. These may be bets made about what team will finally emerge winners for example, or even goal lines and many others with which you could place bets on for instance.
Mixed Martial Arts is booming in Canada as well. UFC icon Georges St. Pierre has been a two-division title holder at the promotion. This was when he beat Matt Serra to regain his welterweight crown at UFC 83, the Ultimate Fighting Championship’s inaugural event in the country of Canada. A number of other Canucks including Rory MacDonald, Patrick Cote and Carlos Newton have also graced the Octagon over time.
Also, there are two other games that should be mentioned. Canadians like to place bets on hockey as well. The Raptors are an extremely popular team for gambling on it; making them the third Canadian franchise in NBA history. Also, lacrosse and curling are also some of the best wagered sports within Canada where significant event is covered with top Canadian gambling sites.
Is Online Sports Betting Legal in Canada?
Compared to other countries’ gambling regulations in relation to this, the legality of online sports betting in Canada is quite complicated. Unlike other parts of Canada where First Nation tribes have jurisdiction over internet gambling bodies, there is no specific law that allows or prohibits online sports betting.
The Kahnawake Gaming Commission is a regulatory authority made up of members of the Mohawk Council of Kahnawake and has been at the forefront in granting permission to online gambling sites in Canada.
Canadian citizens are accepted as customers by most online gaming sites and bookmakers. In addition, the Canadian government has allowed provinces to accept advertisements for online gaming companies offering poker rooms and sports betting.
Moreover, no Canadian citizen has ever faced any charges for sports online betting or any other type of online gambling. To sum up, it is a region where the legality of online sports betting is gray. Yet still, it should be noted that, the government does not actively enforce this and therefore it is safe for Canadians to gamble on the internet.