Best Crypto Betting Sites In Canada

Compare the best crypto betting sites available in Canada, including sportsbooks that support Bitcoin, Ethereum, Litecoin, XRP, and other major cryptocurrencies. We make it clear which sites are safer to use, offer the best sportsbook experience, and provide the most promotional value.

Crypto Betting Sites in Canada

Without a local licensing body regulating crypto betting in Canada, bettors can choose from more than one hundred crypto-friendly sportsbooks.

The following list features 20+ of the most popular betting sites we have identified that accept cryptocurrency in Canada. Each site is ranked by reliability, using factors such as overall reputation, licensing strength, and payout speed.

Reliability Score
Min Deposit
Accepted Crypto
#1
Very Reliable
🟢🟢🟢🟢🟢
Min Deposit
$10
BTC, LTC, and USDT
#2
Reliable
🟢🟢🟢🟢⚪️
Min Deposit
None
BTC, ETH, LTC, USDT, DOGE, BCH, XRP, EOS, TRX, BNB, USDC, APE, BUSD, CRO, DAI, LINK, SAND, SHIB, UNI, Pol, SOL, and TRUMP
#3
Reliable
🟢🟢🟢🟢⚪️
Min Deposit
$30
BTC, BTCH, ETH, LTC, and USDT
#4
Reliable
🟢🟢🟢🟢⚪️
Min Deposit
$75
BTC, ETH, LTC, XRP, TRX, USDT, and ADA
#5
Reliable
🟢🟢🟢🟢⚪️
Min Deposit
$20
BTC
#6
Somewhat Reliable
🟡🟡🟡⚪️⚪️
Min Deposit
$10
BTC, ETH, LTC, USDT, UDSC, TRX, XRP
#7
Somewhat Reliable
🟡🟡🟡⚪️⚪️
Min Deposit
$10
BTC, ETH, LTC, and XRP
#8
Questionable
🟠🟠⚪️⚪️⚪️
Min Deposit
$20
BTC, ETH, BCH, USDT, LTC, XRP, SOL, DOGE, SHIB, TRX, and BNB
#9
Questionable
🟠🟠⚪️⚪️⚪️
Min Deposit
$30
BTC. ETH, and LTC
#10
Questionable
🟠🟠⚪️⚪️⚪️
Min Deposit
None
BTC, ETH, BCD, BNB, DOGE, XLM, USDC, TRX, DOT, XRP, BCH, SHIB, APT, BCL, DASH, ATOM, MATIC, SATS, LTC, SOL, and ETC
#11
Questionable
🟠🟠⚪️⚪️⚪️
Min Deposit
$30
BTC, ETH, LTC, XRP, and USDT
#12
Questionable
🟠🟠⚪️⚪️⚪️
Min Deposit
$10
BTC, ETH, LTC, SOL, DOGE, TRON, AVAX, BCH, XRP, DASH, XMR, ADA, XEM, XLM, DGB, EOS, TON, and XVG
Bonus must be wagered 5x with parlay bets containing three selections. Each leg must have odds of 1.40 or more. Complete wagering within 7 days. T&Cs apply.
#13
Questionable
🟠🟠⚪️⚪️⚪️
Min Deposit
$10-$100
BTC, ETH, LTC, USDT, DOGE, DASH, NEM, XRP, TRON, BCH, XMR, ZEC, BTG, XVG, QTUM, STRAX, and BCN
#14
Questionable
🟠🟠⚪️⚪️⚪️
Min Deposit
$15
BTC
#15
Questionable
🟠🟠⚪️⚪️⚪️
Min Deposit
$50
BTC, ETH, and LTC
#16
Avoid
🔴⚪️⚪️⚪️⚪️
Min Deposit
$1
BTC, BCH, ETH, USDT, USDP, PAXG, DAI, DOGE, LINK, DOT, ADA, SOl, ALGO, AVAX, POL, SHIB, BNB, XLM, XRP, stETH, TRON, ZEC, TON, USDe, sUSDe, HBAR and USDC
#17
Avoid
🔴⚪️⚪️⚪️⚪️
Min Deposit
$3-$100
BTC, ETH, LTC, DOGE, TRON, TRC, ERC, SOL, and XRP
#18
Avoid
🔴⚪️⚪️⚪️⚪️
Min Deposit
$2-$8
BTC, ETH, LTC, USDT, SOL, TRX, USDC, XRP, BNB, ADA, and BCH
#19
Avoid
🔴⚪️⚪️⚪️⚪️
Min Deposit
$20-$40
BTC, LTC, ETH, XRP, DOGE, and SOL
#20
Avoid
🔴⚪️⚪️⚪️⚪️
Min Deposit
$0-$10
BTC, ETH, LTC, DOGE, XRP, SOL, USDT, TRON, SHIB, APE, and BNB
Show 10 more
My Betting Sites Canada
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Best Bitcoin Betting Sites

The following are our picks for the best Bitcoin betting sites in Canada. 

Each sportsbook stands out for more than just accepting crypto, offering a stronger overall betting experience with deeper betting market depth, valuable promotions, and useful betting features that separates them from the rest.

Pinnacle square

Pinnacle Canada

No Welcome Offer

âś… Lowest bookmaker margins in Canada

âś… Higher limits than many mainstream sportsbooks

âś… Strong fit for line shoppers and experienced bettors

âś… Useful resource for betting calculators and refining strategies

❌ No mobile app available

❌ No promotions or bonuses offered

Our Thoughts

Pinnacle is widely recognized by professional bettors as one of the best sportsbooks for price hunting, high limits, and low margins. While its Curaçao license is not one we would normally consider as a strong trust signal, the site has built its reputation through payout reliability, fair odds, eCOGRA auditing, and a clear willingness to accept winning players.

Its coverage is also strong across major North American leagues, European Soccer, Tennis, and combat sports. Instead of focusing on frequent promotions or traditional betting features like bet builders and live streaming, Pinnacle is built around value and accommodating betting strategies like arbitrage.

The tradeoff is that Pinnacle is not built like a casual sportsbook. There is no dedicated mobile app, promotions are limited, and the platform can feel less exciting for users who enjoy exclusive betting markets. 

Pinnacle Mini Review Header
Stake logo square

Stake Canada

200% Deposit Match up to $3,000

âś… Early payouts for NHL and NBA

âś… Live streaming for Soccer

âś… Stake Shield feature protects a set number of legs in a parlay

âś… Refund options for Tennis, UFC, and Horse Racing

❌ Odd margins are higher than traditional sportsbooks

❌ No promotions or bonuses offered for sports

Our Thoughts

Stake, a platform that exclusively deals in cryptocurrency, is one of the most popular Bitcoin betting sites in Canada. Operating through the Curacao Gaming Authority, they are available within every province outside of Ontario and Alberta. They also stand as one of the more reliable crypto sites, partnering with GameCheck, for random site monitoring, integrity audits, and player protection verifications.

For sports betting, Stake has a lot to offer when it comes to helpful features. Bettors can receive early payouts in the NBA and NHL when their team is leading at halftime, Stake Shield lets parlay bettors protect a set amount of legs in a parlay in exchange for a reduced payout, and select sports bets qualify for refund options, like if a final set in Tennis leads to a tiebreak or UFC fighter loses by split decision. 

The only downsides of Stake is its odd margins tend to be a bit higher than traditional bookmakers like Pinnacle, as well as lacking consistent promotions like boosted parlays or free bets. 

Stake app preview

Parimatch Canada

100% Deposit Match up to $500

âś… Daily boosted odds and boosted parlays

âś… Frequent promotions to choose from on a weekly/daily basis

âś… Bonus shop lets you access free bets with platform currency

âś… Bet builder available for NBA, NHL, NFL, MLB, and Soccer

❌ No daily or weekly promotions for sports 

❌ No Live streaming available

Our Thoughts

Parimatch, carrying a license from the Curaçao Gaming Authority, is semi-popular sportsbook and casino available outside of Ontario and Alberta. They are best known for their soccer offerings, even partnering with soccer clubs like Manchester United and Leeds United F.C.

Soccer bettors will find that they are the target demographic on Parimatch, with dedicated hubs for certain tournaments, including the World Cup. The site offers over 100 betting markets to choose from, including cards and corners, with the most depth found on the Premier League. 

That's not to say other sports are in a bad state. NBA and NFL bettors will also find a decent selection of markets that go beyond what's expected on most sites, with combo markets and specials available.

The only downsides are that most promotions are locked behind Parimatch's Bonus Shop, which requires currency to access free bets, a lack of live streaming options in Canada, and the odds offered are far less competitive than other sites like Pinnacle.

Parimatch App Preview
Tonybet square

Tonybet Canada

100% Deposit Match up to $350

âś… Provides useful match previews, betting insights, and forecasts 

âś… Frequent promotions to choose from on a weekly/daily basis

âś… Forecast tournaments for Soccer

âś… Good fit for casual bettors who like guidance before placing bets

❌ Market depth is not as strong as larger sportsbooks

❌ Player props, alternate lines, and same game parlay options can feel limited

Our Thoughts

Tonybet has a long-standing reputation as safe and reliable sportsbook. The site comes with multiple security safeguards and offers several avenues for contacting customer support, which has one of the better reputations in Canada for resolving disputes.

Tonybet's biggest strength, is the way it presents analytics alongside its betting markets and how it supports casual bettors. The sportsbook often adds useful matchup context directly beside core markets, like moneylines, which can save time when deciding on who to back. It's bet builder also presents markets in plain language, instead of the commonly used betting terminology which can make it easier to understand for less experienced bettors.

The depth of betting markets might not rival that of top-tier bookmakers but, overall, the depth is solid for Soccer, Basketball, Hockey, and American Football. NBA bettors will find various props that go beyond player points, assists, and rebounds, but doesn't go very far with other market catgories. 

Soccer is also the most prominent sport on Tonybet, with tons of promotions focused on different international leagues, as well as weekly forecast tournaments which can be great for those who pay close attention across various leagues.

Tonybet app preview

Best Crypto Welcome Offers

Looking for welcome offers with terms that are easier to complete? 

These sign-up offers provide strong value for crypto bettors and are ranked based on how difficult their turnover requirements are to clear.

Top 5 Crypto Welcome Offers
Bonus
#1
100% Deposit Match up to $200
#2
100% Deposit Match up to $350
#3
100% Deposit Match up to $150
#4
100% Deposit Match up to $150
#5
100% Deposit Match up to $300
Bonus must be wagered 5x with parlay bets containing three selections. Each leg must have odds of 1.40 or more. Complete wagering within 7 days. T&Cs apply.

Creating A Crypto E-Wallet

Crypto e wallet

While some sportsbooks, like Stake, let you buy and use crypto directly on their platform, most betting sites require you to deposit funds using an external crypto wallet (also called an e-wallet). In this section, we’ll break down the different wallet options available and walk you through the step-by-step process of getting set up with cryptocurrency for sports betting.

Important

If you're just creating a basic hot wallet for sending/receiving crypto, like MetaMask or Trust Wallet, you don’t need any personal info or email. If you're using a wallet tied to an exchange or planning to buy crypto within the wallet, you’ll likely need an email and possibly ID verification.

How To Create A Crypto E-Wallet

1
Create a crypto wallet

To store and manage cryptocurrency, you’ll first need to create a crypto wallet. For betting purposes, we recommend a hot wallet, an online wallet accessible through an app or browser extension. Popular options include MetaMask, Trust Wallet, or Coinbase Wallet. These are easy to set up and ideal for beginners.

Important: During setup, you’ll be given a recovery phrase (a series of 12–24 words). Store this somewhere safe, it’s the only way to regain access if you lose your wallet.

2
Sign-up for a crypto exchange

Next, create an account with a trusted cryptocurrency exchange where you can buy crypto. Choose a platform that you feel secure using, well-known options include Coinbase, Binance, and Kraken. Most exchanges require identity verification before allowing purchases.

3
Choose and purchase cryptocurrency

Before you buy, make sure the sportsbook you plan to use accepts the currency you’re considering (e.g., Bitcoin, Ethereum, or USDT). Once confirmed, use your exchange account to purchase the appropriate coin.

4
Transfer the currency to your wallet

After purchasing, withdraw your crypto from the exchange and send it to your wallet. This step ensures your funds are under your control. Always double-check the wallet address before sending, crypto transactions are irreversible.

Crypto Deposits

Crypto deposit

Once you’ve set up your crypto wallet and purchased the right currency, the next step is transferring funds to your sportsbook account. While the process is usually straightforward, there are a few key things to understand before making your first deposit.

Unlike traditional payment methods, crypto deposits involve copying a wallet address from the sportsbook and manually sending the funds from your own wallet. This gives you greater control over your transactions, but it also means you’re responsible for getting the details right, especially when it comes to choosing the correct coin and confirming the destination address.

Important

Before you send anything, double-check:

  • The sportsbook accepts the cryptocurrency you plan on using.
  • You're copying the correct deposit address
  • You're aware of any network fees or minimum deposit limits

How To Deposit With Crypto

1
Sign-up or login to your sportsbook

Start by creating an account or logging in to your preferred crypto-friendly sportsbook. It's important to verify that the sportsbook accepts crypto as a payment method.

2
Navigate to the deposit section

Navigate to your account's deposit page, usually accessible through your account's profile section.

3
Select Cryptocurrency as your payment method

Choose the specific cryptocurrency you plan to use (e.g., Bitcoin, Ethereum, USDT). Make sure it matches the coin in your wallet.

4
Copy the sportsbook's deposit address

The site will provide a unique wallet address for the coin you selected. Copy this address exactly or scan the provided QR code if using a mobile wallet.

5
Open your crypto wallet

Go to your hot wallet app (like MetaMask, Trust Wallet, or Coinbase Wallet), and start a new transaction.

6
Paste the deposit address and enter the amount

Paste the copied sportsbook address into your wallet’s “send” field. Then, choose the correct type of cryptocurrency and enter the amount you want to deposit.

7
Confirm and sent the transaction

Review all details carefully, including the network fee. Once confirmed, send the transaction.

8
Wait for network confirmation and verify deposit

Most crypto deposits are confirmed within a few minutes, depending on the coin and network congestion. Some sportsbooks may require multiple confirmations before crediting your account. Once confirmed, your sportsbook balance should update automatically. If not, refresh the page or check the site’s deposit status section.

Crypto Withdrawals

Crypto withdraw

Withdrawing your winnings in crypto is one of the biggest advantages of using digital currencies for sports betting. Not only are withdrawals often faster than traditional methods, but they also give you full control over your funds.

That said, there are a few important things to keep in mind before making a crypto withdrawal. First, you'll need to have a compatible crypto wallet ready to receive the funds, ideally the same one you used to deposit. It's also crucial to double-check that you're providing the correct wallet address for the coin you're withdrawing. Sending funds to the wrong address or using the wrong coin type (e.g., selecting Ethereum but inputting a Bitcoin address) can result in a permanent loss.

Additionally, some sportsbooks have minimum withdrawal amounts, network fees, or may require identity verification before processing large transactions. Always review your sportsbook’s crypto withdrawal terms so you’re not caught off guard.

In the steps below, we’ll show you exactly how to withdraw your funds safely and efficiently using cryptocurrency.

How To Withdraw With Crypto

1
Navigate to withdrawal section

Log in to your sportsbook account and go to the Withdrawal section, usually found in your account menu. This will be located in the same area you found the deposit section.

2
Select Cryptocurrency as Your Withdrawal Method

Choose the same cryptocurrency you used to deposit (e.g., Bitcoin, Ethereum, or USDT). Most sportsbooks require you to use the same coin for withdrawals.

3
Enter the Withdrawal Amount

Input how much you want to withdraw. Be sure to check for minimum withdrawal limits and any fees that may apply.

4
Provide Your Crypto Wallet Address

Open your external wallet (e.g., MetaMask, Trust Wallet, Coinbase Wallet), copy your public receiving address, and paste it into the withdrawal form.

5
Confirm and Submit the Withdrawal

Review the amount and address carefully before confirming the transaction. Some sportsbooks may require you to verify the request via email or SMS.

6
Verify the Funds Have Arrived

Check your wallet balance or use a blockchain explorer (like Blockchain.com for BTC or Etherscan for ETH) to confirm that the transaction was completed successfully.

Why Use Crypto For Sports Betting?

Cryptocurrency offers a faster, more secure, and more flexible way to fund your sports betting account. One of the biggest advantages is speed, crypto transactions often process within minutes, meaning you can deposit or withdraw funds much quicker than with traditional payment methods like bank transfers or credit cards.

Another key benefit is privacy. With crypto, you don’t need to share sensitive banking details with the sportsbook, reducing your exposure to fraud or data breaches.

Perhaps most importantly, crypto is a decentralized currency, meaning it's not controlled by any government or central bank. This makes it less vulnerable to the effects of inflation caused by money printing, and largely unaffected by banking restrictions or trade-related issues like tariffs. For bettors in regions with strict financial regulations, this can make accessing sportsbooks smoother and more reliable.

In short, using crypto for sports betting gives you greater control over your money, both in terms of speed and freedom.

Pros of Crypto Sports Betting

Fast Deposits and Withdrawals

Where traditional payment methods like credit or debit cards can take up to an hour for deposits and several days for withdrawals, cryptocurrency is nearly instant. For bettors who prioritize quick access to their funds, especially when it comes to cashing out winnings, crypto offers one of the fastest solutions available.

Security & Privacy

Thanks to blockchain technology, cryptocurrency transactions are highly secure. Unlike traditional methods, using crypto doesn’t require you to share sensitive banking details with the sportsbook. This greatly reduces the risk of personal data breaches, and ensures your financial information stays private and in your control, even if the sportsbook’s systems are compromised.

Decentralized Currency

Because crypto operates independently of central banks and governments, it's less vulnerable to inflation caused by currency printing or political instability. Coins like Bitcoin benefit from limited supply, while stablecoins like USDT give bettors a way to transact in crypto while maintaining a 1:1 value with currencies like the U.S. dollar. On top of that, crypto’s decentralized structure makes it less susceptible to external factors like tariffs or financial restrictions, allowing for smoother transactions across borders.

Cons of Crypto Sports Betting

Volatility of Crypto

One of the biggest drawbacks of using crypto is its price volatility. The value of popular coins like Bitcoin or Ethereum can rise or fall significantly, even within a single day. This means simply holding onto your funds can either increase their worth or reduce them sharply. Bettors should be aware that funding their sportsbook accounts with crypto comes with this added layer of financial risk.

Limited Availability on Canadian Sportsbooks

While crypto is gaining popularity, it’s still not as widely accepted as more traditional payment options like Interac or credit cards, especially on Canadian sportsbooks. Although adoption is growing, crypto users may find fewer betting sites that support digital currencies compared to more established methods. Always check whether your preferred sportsbook accepts crypto before signing up.

Can Be Confusing To Use Initially

Using cryptocurrency for the first time can feel confusing. Setting up a wallet, learning how transactions work, and making sure you input the correct address can seem overwhelming at first. But once your wallet is set up and you’ve made your first transaction, the process becomes much easier and more intuitive.

This guide is designed to help simplify that learning curve. If crypto feels unfamiliar or even a little strange right now, you’re not alone, but with a bit of guidance, it can quickly become one of the fastest and most secure ways to manage your sportsbook funds.

Crypto Betting Sites FAQ

How many betting sites accept cryptocurrency?

Although crypto isn't as widely accepted as other payment methods, such as Interac, the number of sportsbooks accepting the currency is growing in Canada. 

In total, there are well over 60 betting sites in Canada that accept cryptocurrency. However they are all offshore site that are not regulated locally in Canada, so bettors should verify the integrity of the platforms they choose to sign up on beforehand.

Which sports betting sites accept crypto?

We recommend Stake, Rabona, Roobet, and Parimatch as go-to crypto betting sites. They accept more types of cryptocurrency than any other sportsbooks and all have great offerings when it comes to sports betting.

Which cryptocurrency is the most accepted on betting sites?

The most widely accepted cryptocurrency for sports betting is Bitcoin (BTC). All sportsbooks in Canada that accept crypto will accept Bitcoin. Other commonly accepted cryptos are Ethereum (ETH) and Litecoin (LTC).

Is betting with cryptocurrency complicated?

Initially, the process may seem complicated as users will need to first set up a e-wallet to manage their crypto funds. However, once set up, using crypto is incredibly easy to use and manage.

Is it safe to use crypto for sports betting?

Crypto is safe to use and is accompanied by safety and privacy features that make it safer than some other payment options available on betting sites.