The Complete Guide to Tracking Your Sports Betting in Canada.
Canadians will be more likely to bet on sports online in the coming years. Online sports betting is more popular now than ever before for a number of reasons, including the emergence of more legalized betting sites and better mobile access to these sites. It’s more convenient to place a wager on your phone or computer, no matter where you are. Here are some tips on how to gamble on sports safely without running into any legal issues with Canadian law.
Which online sportsbooks are available to Canadians?
One of the best aspects of online sports betting is its accessibility. Canada has many great sites to choose from, including Bodog, Sports Interaction, Bet365 and more. There are also plenty of sites for international competitions like World Cup 2018 or Super Bowl LII. Now that you are ready to take on some bets, we have got all the information you need to make your Canadian sports betting experience memorable. This makes it easier than ever to bet on your favourite sport without leaving the house!
How does Canadian law affect my betting activities?
The legalities of sports betting in Canada differ depending on the type of gambling you’re doing.
For example, if you’re playing slots at a casino or horse racing at a racetrack, these activities are already legal and regulated by provincial and territorial governments.
But for online sports betting, it’s a different story. Online sports betting is still illegal under Canadian law and you could face penalties if caught participating in these types of wagers.
The Criminal Code states that: “A person who…makes an agreement with another person to do anything mentioned in subsection (1) [gambling] commits an offence punishable on summary conviction.”
Here’s what that means:
-You can be fined up to $5,000 or sentenced to six months jail for this charge.
-You can be fined up to $25,000 or sentenced to 12 months jail if you’re found guilty of this charge more than once within 10 years.
How do I know if an online sportsbook is legal or not?
The good news is that there are a lot of sports betting sites in Canada, so you don’t have to worry about not being able to find a site to gamble on. But before you go ahead and try to register with one, there are a few things you should know.
First, it’s important to know if the site is legal or not. You can do this by checking out our list of authorized betting sites in Canada, as well as the “Legal Status” column on the list for those sites. If you’re using a site that isn’t on our approved list, then you’re risking your money and probably breaking the law.
Second, make sure your bank knows what you’re up to. It might be a good idea to tell them because some financial institutions may restrict transactions involving gambling sites from their customers based on their own internal policy.
Third, it’s always a good idea to read through an online betting site’s terms and conditions before registering with them. This will give you information about how they handle customer funds and payouts, as well as any other policies they may have that apply specifically to Canadians. These details will all help inform your decision about which site is best for you.
What about those offshore sportsbooks like Bet365 and 12Bet?
Bet365 and 12Bet are now among the most popular online sportsbooks for Canadians. They are both based in Malta, an island country in the Mediterranean Sea. Malta is one of the few countries where offshore sportsbooks are legal.
Both Bet365 and 12bet have a high reputation for their fast payouts. You can deposit money into your account with your credit card or bank transfer, then use that money to place bets on games happening around the world. The odds will vary depending on how much you want to bet at once, but you’ll have access to betting lines available at other online sportsbooks like Sports Interaction and Paddy Power.
There are some risks involved with betting offshore, even if it’s legal in Malta. It might be more difficult to get any help if you run into any problems with your account or password or if there’s a technical glitch. Plus, there’s no guarantee that Canadian law will protect you if anything goes wrong with your bet offshore (e.g., you win big but the site goes broke).
Conclusion
You’ve taken your best shot at your favourite sportsbook and lost. Now what?
If you’ve ever gambled before, then you know how it feels to lose. Losing can be tough, but it can be even worse when you don’t know the game. The best way to avoid this feeling is to learn how to track your sports betting.
One of the first things you’ll need to know is the difference between legal and illegal sportsbooks. It may seem like an easy question to answer, but there are factors that you need to consider before making your decision.
Legal sportsbooks are licensed by the government and are often monitored by regulatory bodies like the Gaming Control Agency. These books are legally able to offer their services in Canada.
Illegal sportsbooks are not licensed by the government and are not monitored by any regulatory body. These books are not legally able to offer their services in Canada.
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