CAD bookmakers – The Canadian dollar (CAD) is the country’s official currency, and it is the fifth most used currency for foreign transactions. It is also the 5th most held currency and makes up about 2% of the world’s savings. This means that CAD dollar sports betting is more common than you might think.

Canada is full of gamblers who love to bet on games like hockey, football, baseball, and many others. Canadians have been able to bet on sports through government lotteries for a long time, but they have turned to online betting because international betting sites offer better odds, single-game betting, and more betting choices in general.

Many of the best online bookies let Canadian players bet in Canadian dollars (CAD) without having to change their money. This means that Canadians don’t have to worry about figuring out their betting account balances or bet amounts in foreign currencies like US dollars and euros: They can use their own money to bet on sports online at Canadian dollar bookies like Propawin.

Federal law says that online gambling and CAD betting sites are illegal: Pool betting is the only type of gambling that is allowed in this country. But Canada is also made up of different states, and each state can make its own rules about what is acceptable.

In this way, all of Canada’s provinces and territories have legalized some kinds of gambling, like casinos and CAD dollar sports betting/CAD bookmakers, up to a certain point. This is good news because you can use the Canadian dollar both at local and foreign businesses. But, as always, you’ll get better service from offshore bookies. Most of the local gambling choices are run by the state governments, and unfortunately, they are not very good.

Almost anyone can bet in Canadian dollars (CAD) or in other currencies like Czech Koruna (CZK) or Bulgarian Lev (BGN), as long as the sportsbook they want to bet at takes that currency. Most online bookmakers let bettors with Canadian currency credit, debit, or prepaid cards or Canadian currency bank or eWallet accounts make payments.

If your favorite sportsbook doesn’t accept Canadian dollars, you can probably still make a deposit. You’ll just have to be in a different currency, like euros or US dollars. The sportsbook will just change your Canadian dollars into one of the other currencies they accept. You might not get the best exchange rate, but it won’t make much of a difference. Also, keep in mind that just because a betting site lets Canadians join doesn’t mean it accepts CAD cash or they are CAD bookmakers.

There are a lot of great bonuses for bets made with Canadian dollars. Some of these bonuses are promoted in other currencies, but if you make a deposit in Canadian dollars (CAD), you’ll usually get the bonus in the same amount of CAD.

20Bet, Powbet, BetShah, and 18Bet all offer bonuses of C$150 on payments of CAD in their sportsbooks, while Parimatch offers a bonus of C$500 on the first deposit of CAD. If you pay with CAD, William Hill will give you up to $250 and Betway will give you up to $200. 

You can see a list of bookies that accept Canadian dollars/CAD bookmakers above, but there is something called “best of the best.” See what they have to offer new members in the list below.

There are a lot of great sportsbooks that accept Canadian dollars as wagering cash. The sportsbook library at onehundredgamblers.com can help bettors find a lot more of these safe betting sites. All you have to do is choose your home country and then choose CAD as your gaming currency. There are also many Canadian betting sites. 

You now know which Canadian Dollar (CAD) betting sites are the best and what kind of welcome prizes you can get. Well, these are the deals for new members only: Bonuses are also available to people who are already members. Here is a list of the best bonus deals for people who already bet on sports with CAD dollars:

Best ways to pay at bookies that accept the Canadian dollar

Some ways to pay at betting sites that accept Canadian dollars are better than others. The reason is simple: these are local choices that Canadian players can easily use, and most of them are already used in everyday life. In this situation, we suggest the following ways to bet on sports with CAD dollars:

Instadebit, iDebit, Interac, Ecopayz, Muchebetter, Credit Cards

At online betting sites, there is no limit on how much you can put or take out. Limits are set by both the sportsbook and the company that handles the payments. There are a lot of online bookies and a lot of different ways to pay, so the caps at legal betting sites are very different.

Instadebit works like an e-wallet, and payments made in CAD must be at least $10 and can’t be more than $2,500 per transaction. Each withdrawal must be at least $12 and can’t be more than $20,000.

Entropay deposits made with CAD must be at least the equal of €20 and no more than €5,000 per transaction. Withdrawals must be at least €15 and no more than €3,000 per transaction.

Other ways to pay, like Interac and MuchBetter, have different caps, but they are pretty close to these numbers. It’s easy to see that these two examples are very different from each other. Sites with a $10 minimum deposit for sports betting will obviously require a $10 minimum deposit. You just need to check if you can use CAD currency.

In other words, we can say that the lowest amount you can put at a betting site in Canada is 10 CAD. It is still possible to go lower, but we think that 10 CAD is the “sweet spot” for sign-up betting prizes.

And for payments, 20 CAD seems to be the sweet spot. Again, you can find different limits based on how the bookmaker accepts payments, and these limits will be different in other countries based on which currencies the bookmaker accepts. In any case, the most common minimum will be 20 CAD.

Use the sortable sportsbook database at onehundredgamblers.com to get a good idea. Just choose your country and the payment processor you want to use, and then filter the results by CAD as a currency and the minimum and highest deposit and withdrawal amounts.

PROS: You don’t have to deal with exchange rates. You can use bonuses in CAD. You can use many local payment ways, like Interac.

CONS: It’s not a popular currency at bookmakers, and there aren’t many casinos and bookmakers in Canada.

Bets can be placed easily on CAD bookies/CAD bookmakers, which are different from sportsbooks in other countries.

• First, you need to find a legitimate, safe, and trusted CAD bookmaker and set up an account, which shouldn’t take more than a few minutes. But make sure you have the papers you need to fill out the KYC request so you don’t have to do it again when you transfer your money.
• Put money into your gaming account by going to the cashier tab and clicking “deposit.” Make sure you choose the right deposit way. The best one is the one you use most often, has low fees, and lets you deposit money quickly. Don’t forget to claim the welcome prize. Some CAD betting sites turn on the welcome bonus immediately, but most require you to opt in. It’s also important to read the welcome offers’ terms and conditions, especially the necessary deposit amount.

Once you’ve set up an account and put money in the sportsbook, you can start betting on any sport or event you want. Most CAD betting sites have a wide range of sports and events to choose from. However, if you want to bet on a niche sport or game, you should first see if the CAD sportsbook has betting markets.

It’s easy and quick to put money into CAD bookmakers, but the fees and time it takes to put money in depend on the bookie and the way you choose. These days, most bookies have a wide range of ways to put money, so you rarely have to choose just one. Still, it doesn’t hurt to make sure that your preferred way of payment is available.

Follow these three easy steps to put money into CAD bookies.

• Sign in to the sportsbook in CAD where you have an account.
• Go to the “Cashier” tab and click on “Deposit.”
• Choose the way you want to pay.
• Type in the amount of money you want to put in.
• Transfer the money.

Most deposits are handled in just a few minutes, but bank transfers, for example, can take days.

At CAD bookmakers, making a withdrawal is just as easy as making a payment, and most of the steps are the same.

• Go to your CAD casino and sign in.
• Click on “Cashier” and then “Withdrawals.”
• Choose the withdrawal way you want
•  Enter the amount you want to cash out
•  Finish the transaction

Depending on the Canadian dollar betting site and way you choose, withdrawals often take longer than deposits. Again, bank transfers are the slowest, while e-wallet withdrawals are usually handled and finished within minutes.

Since the government got involved in the online gaming scene, there aren’t as many scam sites as there used to be. Even with all the rules and safety precautions, it’s easy to find a bad site if you’re not careful.

Here are some important tips to keep your money and information safe.

• Don’t sign up with a gambler who doesn’t have a license to bet. A casino must have a license to be able to do business. Only then can you use the law to get your money back if you get ripped off.
• Think about asking other bettors about the bookie’s name and what they have to say about their experiences with the bookie.
• Stay away from gaming sites that say they offer CAD but don’t. Using a bookmaker that isn’t allowed in Canada will put you in a tough spot because you won’t be able to solve any problems you may have because the bookmaker’s gambling license won’t protect you.

We’ve told you everything you need to know about online betting in Canada at CAD bookmakers. But before we end this piece, here are some interesting facts you might not know about CAD betting sites and Canada.

• The Canadian dollar is an unrecognized currency in Saint Pierre and Miquelon, but it is the official currency in Canada.
• Skrill, Neteller, PaySafeCard, and Interac are some of the best-known ways to pay with CAD.
• IVIbet, HotBet, PariMatch, and Rabona are some of the most well-known and legal online bookies that accept CAD.
• The Canadian dollar is the fifth most-held reserve currency in the world, after the yen, the US dollar, the British pound, and the Euro.

Loonie is the name of the coin for one Canadian dollar.

• Two-dollar coins in Canada are known as Twonies or toonies.

We told you about the benefits of CAD dollar sports betting/ CAD bookmakers and gave you a list of the best sites where you can play: You decide what to do next. Pick one right now and make your first bet or learn more about Canadian gaming sites. Come back to our site often to see the most up-to-date list of Canadian dollar bookmakers so you can bet on sports in your own cash. Have a good time out there!

What gaming sites accept Canadian dollars?

There are hundreds of sites where you can bet CAD dollars on sports, and we can’t list them all here. But we can help you choose the best ones: Check out the list.

Are there a lot of betting sites that take the Canadian dollar?

Not too common, but not too rare either. The Canadian dollar is backed by most of the foreign operators: Find the best Canadian dollar betting sites by looking at our list.

Do all of the betting sites that Canadians can use also accept CAD?

No, not always. A gaming site might let Canadians join, but it might not work with CAD. Check the “payments” page to find out what coins are accepted.

What’s better about a betting account in Canadian dollars than a US Dollar account?

You don’t have to deal with currency exchange rates, which is a clear gain. In other words, you don’t have to think about things like, “If I deposit 10 CAD, how much is that in USD?”

Is there a reason to use Canadian Dollars instead of US Dollars when betting on sports?

If you live in Canada and usually use CAD, it is much better to use CAD than the US dollar when betting on sports online. Mainly because you don’t have to pay extra fees to change the cash.

Are the bonuses shown and given in Canadian dollars?

When Canadians use betting sites that offer promotions and bonuses, they will get their prizes in Canadian dollars (CAD). For example, a bonus that matches what you put in will always pay you in the same coin you used to put in the first time.

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