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Best Canadian Dollar Sportsbooks with Football Betting
There are dozens and dozens of online sportsbooks ready and willing to take your bet if you live in Canada. But as a Canadian, it only makes sense that you'd want to find the best Football betting options that accept Canadian Dollar (CAD) deposits and allows you to make bets from your CAD account balance.
Most sportsbooks only allow you to make bets in other currencies like the US Dollar, the British Pound or the Euro. This would mean that your CAD deposit would need to be converted to buy a balance in one of these currencies. Built into this currency conversion is a fee that goes to your bank, credit card company or whomever makes the conversion. You rarely see the exact fee because the exchange house simply sells you the new funds at a markup of the best exchange rate at the time of your transaction. While you will see the your exchange rate, you will never see the markup charged. This markup will be worth as much as 5% of the value of your deposit. You avoid this fee when you fund your account to a CAD Football betting site.
Furthermore, if you need to convert back to Canadian Dollars when you withdraw your winnings, you will have to pay the same exchange fee approaching 5%, plus you may be exposed to losses due to currency fluctuation if the value of the Canadian Dollar rose against your chosen betting currency. When you opt to play with a CAD sportsbook like those that we list, you'll keep your own money for your own enjoyment.
Here's an example of how much money you can lose if you don't bet in Canadian Dollars:
For simplicity, I’ll say you're going to deposit $1,000 CAD. When you convert to
another currency, the actual value of your deposit will be be reduced due to the
currency exchange fee. At 5%, your actual deposit will be worth $950. Let's say
you play for a few months, you’re about even and you want to withdraw your funds,
but the value of the Canadian dollar has gone up 10% against your betting currency.
When you make the exchange, you'll have lost a further $95 -
Keep things simple -
Quickly Compare the Top Football Betting Sites for Canadians
Bodog is one of the oldest brands in Canadian sports betting, founded in 1994. They’ve paid out over $50 billion to players, having never missed a payment. They only accept Canadian players so you know they cater Canadian preferences. Read the full review here.
About My Football Betting Listings:
Why is my list so brief? I only list the sportsbooks that I consider to be the best for Canadians. I researched nearly 30 companies. If I ranked them all, would you sign up with sportsbook number 22? Not a chance!
Thus, I keep things simple. If a company doesn’t measure up against my Canadian perspective, they don’t get listed.
Why could a sportsbook fail to get listed? A record of withholding bettor funds or placing limits on the accounts of winning players, not offering Canadian Dollar betting or not offering mobile wagering solutions.
Each listed company has satisfied my review criteria, but there are differences in their service offerings, so read the reviews and choose based on your own preferences and requirements, not some fake rating scheme.
If you like to compare football odds and lines to get the highest possible payout, it probably makes sense to register with more than one site so that you can maximise your winnings.