Canadian Sports Betting App

Canadian Sports Betting App Average ratng: 5,9/10 5235 votes

Betting App Reviews 1 – Sports Interaction App Sports Interaction was the first licensed sportsbook and casino in the country and they continue to be the leader. Their platform is solid and has a huge range of Canadian sports to bet on as well as other sports from all around the world.

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Sports betting has subtly begun to establish itself in mainstream culture. Many states in the U.S. have started to adopt contemporary gambling laws in place of the antiquated policies that have remained in place for far too long.

This situation had me thinking about our neighbors to the north.

A Rich History of Sports Betting

  1. What we look for in a sports betting app in Canada is not much different than what we expect from Canadian betting sites. We usually expect the apps to be suited for Android and iOS, come with a nice, clean menu, and support the full array of features the betting site itself does. In-play betting is important, but so is banking.
  2. Google doesn’t allow sports betting apps in the Play Store yet, but you can download Fanduel Sportsbook directly from us. Don’t worry, it’s completely secure and up to Google's high standards.
  3. Betting is going mobile. Canadian bettors do their gambling on-the-go, usually through their smartphones and other mobile devices. If this is your style, then you need reliable sports betting apps. After much consideration, we have come with a comprehensive list of the best betting apps in Canada.
  4. Canadian Sports Betting Apps. Smartphones have been in the pockets of over 80% of Canadians for years now and, according to Statista’s data, is predicted to grow even further. Sports bettors are no exception, and the vast majority of betting fans in Canada are more likely to place bets on their phone than a computer.

Betting on sports has been a tradition in Canada since long before European settlers ever trekked across the Atlantic toward a new world.

Over 600 years ago, the natives in Canada were placing bets on events like archery competitions and canoe racing. Some of the first bookies to inhabit North America were likely standing on the sidelines in anticipation of the action.

These events were encouraged to not only entertain the locals but to sharpen the skills of those competing.

While today’s pro athletes live in lavish mansions with millions in their bank account, it was indeed a matter of survival for these pioneers of sport for a show.

Many believe that the first Canadian regulations on gambling came in 1774 after Europeans colonized “The Great White North.”

However, the resident population was so scattered that many of the regulations adopted from policies in the U.K. and France remained largely ignored. Having so many residents in such remote locations made it impossible and impractical for federal authorities to enforce any sports betting laws.

So, for hundreds of years, Canadian residents could gamble and bet on sports with impunity. That all changed in 1892 and the introduction of the Canadian Criminal Code.

Suddenly gambling of all forms was illegal, and there was a staunch prohibition movement in favor of the law.

Of course, there were still many underground activities available to those that needed to get a good gambling fix. Over the last hundred years, things have become far laxer.

Betting laws in Canada began to loosen up, and law enforcement largely ignored small-time sports bettors. It was essentially mirroring the United States’ stance of turning a blind eye to the common man.

Gambling Begins to Re-Integrate Itself

During the early 20th century, Canada saw bingo start to creep back into their world. Yet, strictly as a charitable endeavor. Those familiar with how bingo halls operate understand that there are certainly benefits to the charities involved.

Bingo halls can also be extremely lucrative for those lucky few who win big.

Next, Canada introduced horse racing as a legal means for gamblers to get some live action. Upon recognizing the tremendous revenue potential that gambling provides. Canada legalized both national and provincial run lotteries.

Canada went from having strict restrictions on gambling to opening up for horse racing and lotteries in under 50 years. As this progression took place, residents began to see gambling as an acceptable form of entertainment.

During this same period towards the late 1960s, Canada started seeing its first land-based casinos. Most of these casinos were vastly different from what you’d expect to see in Las Vegas. These casinos were primarily made up of modest banks of slot machines and perhaps a bingo room.

This type of casino experience may not appeal to you in the least. After all, we’re spoiled in a time where all of the luxury and extravagance one could ever hope for is a cheap flight to Vegas away.

However, the first Canadian casinos were incredibly popular with residents. Perhaps more important than what they provided for those crowding the bingo parlor’s slots, and tables are what they meant for future gamblers.

These casinos opened the door for tables games and sports betting to become legal and, at the very least, sports betting to be decriminalized largely.

1985 Was a Big Year for Canadian Sports Bettors

In 1985, the Canadian government again made amendments to the Canadian Criminal code.

These improvements to the law meant you were now allowed to bet on sports via gaming machines. While this meant you still couldn’t legally bet on individual games. It did allow for parlay betting using electronic devices.

As you can see, there are huge similarities between sports betting laws and their progression between the United States and its neighbor to the north.

There were ways to skirt these changes and bet on individual games. The sportsbooks merely added an option to place 2 separate bets on each team of a particular contest. This workaround created the opportunity for sports bettors to place over/under wagers within the prevailing laws’ confines.

We gamblers are a crafty lot, and history is littered with instances of our creativity regarding skirting gaming laws.

Sports Betting in Canada Today

Sports betting remains largely a murky pool to wade in throughout Canada.

Like many states in the U.S., Canada’s sports betting laws are mainly outdated and in need of sweeping reform.

Online betting has completely changed the sports betting climate in the country. In contrast, it is illegal for any company to conduct business as an online casino or sportsbook within Canada. The laws do not make any specific mentions of Canada’s residents being forbidden from engaging in online gambling.

So, it isn’t illegal for Canadians to engage in online sports betting. Offshore sportsbooks have taken notice of the Canadian market and cashed in.

Sports bettors in Canada spend billions with these offshore sportsbooks each year. The kicker is that the Canadian government is getting zero.

Legal forms of betting in Canada provide the local and federal governments with a massive influx of cash. The sheer amount of dollars spent on sports betting online could significantly impact social programs and infrastructure. That’s (a very big) if those dollars weren’t being wired overseas to companies operating remotely.

Government officials have taken notice. I suppose there aren’t any politicians that don’t turn green at the thought of millions in tax dollars being sent to other countries.

I don’t mean that as a slight, the amount of tax revenue generated from legal gambling can do some great things in the right hands.

I would expect to see sports betting in Canada have significant legal reform over the next 2-5 years. Opening the doors for punters to not only bet online but also enjoy the addition of sportsbooks.

Obviously, the Canadian government will take a healthy cut of the action and use that money for social programs.

What Are Canadians Betting On?

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We know that you can’t walk into a sportsbook in Canada and bet on a single game. We also know the Canadians are betting billions annually on sports offshore.

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The first question that fact raises for me is simple. What are Canadians betting on?

The truth is Canadians bet on the same sports as U.S. gamblers. Still, in terms of popularity, the 2 are very different. Let’s take a look at the breakdown of what sport is bet on the most.

1- Hockey

Canada eats, sleeps, and breathes hockey. Most Canadians are introduced to the great stick and puck as early as they can stand. I’ve heard interviews of players who were on skates before they could walk.

I don’t know how much truth there is in that. If you know how passionate hockey fans are in Canada, it sounds plausible.

The NHL provides an 82 game regular season plus playoffs. This means there is at least one game every night from October to April. Then the Stanley Cup Playoffs start-up and the real action starts.

Playoff hockey is among the most entertaining sports viewing available, even for the novice hockey fan.

2- Football

It shouldn’t come as much of a surprise that the NFL betting holds a significant stake in the hearts, minds, and wallets of sports bettors in Canada. The league is among the most popular in the world. Plenty of action every Sunday means those who bet on sports can spend an entire day watching their picks.

The CFL may seem strange to sports bettors in the U.S., but Canadians are very familiar with the league. Die-hard fans will lay multiple bets on the league every week.

3- Basketball

Did you know that James Naismith was Canadian?

That’s right, the man that invented the game was from the Great White North. Canadians love their basketball, and recently their fire for the game has only intensified.

4- Baseball

Once the beautiful summers finally arrive in Canada, baseball replaces hockey as the sport du jour.

Canadian Sports Betting App

The success of the Toronto Blue Jays translated to a massive bump in the sport’s popularity in the 1990s. Recent playoff appearances have solidified baseball betting as one of the top sports for Canadian bettors.

Canadian Betting Sites

Conclusion

I posed the question of “Can you bet on sports in Canada?”

The answer is a definite yes. The waters are muddied by the legalities of the sports betting scene in Canada. You can bet on sports, but not on single games unless you use an offshore sportsbook.

I’ll close with this and let you decide for yourself. Not a single sports bettor has ever faced prosecution for betting on sports in Canada.

Official Sports Betting

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Posted on: January 16, 2021, 11:43h.

Last updated on: January 16, 2021, 11:43h.

As Score Media and Gaming Inc. announced its 2021 fiscal year first-quarter results this past week, the Canadian-based publicly traded company also kept an eye on the future. That not only means single-game betting in its home and native land but a listing on a US stock exchange as well.

For the quarter, which ended on Nov. 20, the sports media and mobile betting company reported CAD 10.6 million (US 8.3 million) in total revenue. That is a quarterly record for the company. It’s also 15.2 percent better than the CAD 9.2 million (US $7.2 million) reported in the first quarter of 2020.

The quarter began with launches of theScore Bet, the company’s online sports betting app, in Colorado and Indiana. Those additions tripled the number of states where the company operates. Not surprisingly, the company reported a record CAD 55.8 million (US $43.8 million) handle for the quarter. That represented a 535 percent jump from the same quarter in 2020.

While Handle Up, Gaming Revenue in the Red

However, the company also reported a gross gaming loss of CAD 300,000 (US $235,565). When factoring in free bets, bonuses, and fair value on unsettled bets, the net loss is CAD 2 million (US $1.6 million).

During a call with analysts Wednesday to discuss the earnings, Score Media President and COO Benjie Levy said the loss was attributable to player promotion specials and the Indiana and Colorado openings.

Among the promotions the sportsbook has offered since the resumption of major professional sports was a 5 percent cashback offer over a 60-day period that began with the placement of their first bet. The promo was capped at $2,500 and applied regardless of whether the bets won or lost.

Canada Sports Betting

Levy told analysts turning those negatives into positives will rely on a couple of things. That includes rolling out the app in additional states. However, he said the company sees positive movement.

“I can tell you it isn’t going to take years to get there, and it’s probably not going to happen in the next month or two,” said Levy, according to a transcript on Seeking Alpha. “So, we’re continuing to build, the momentum is working, in our favor. And I don’t think I can be any more specific than that. But, we’re starting to see encouraging results as we gain momentum in the states that exist and hopefully in the new states that come on board.”

One new state where the company is preparing to launch is Iowa. Company executives hope to be in the state within weeks, pending regulatory approval. Iowa, like Indiana, is one of 11 states theScore has access to through a deal with Penn National Gaming.

CEO: Company’s Reach in Canada Unrivaled

However, one market company officials are really excited about is the one in their backyard. They told analysts that there’s cross-party momentum within Parliament to repeal the ban on single-game wagering in Canada this year. That move would greatly expand sports betting in the country, as only parlay betting is currently legal.

With its sports betting app already closely tied to its sports media app, Score executives think they may have an advantage in the Great White North similar to what FanDuel and DraftKings have in US states.

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As Founder and CEO John Levy plainly put it: “We have the pole position here.”

I think when we look at the two markets (US and Canada), we look at the dramatic differences in terms of our reach, and our brand recognition, and look everybody in Canada knows theScore,” John Levy said. “Everybody who’s on mobile apps uses theScore. If you add up (Canadian sports media outlets) TSN, Sportsnet, anybody else, they don’t even come close to us.”

Sports Betting In Canada Casino

The sports media app averaged 3.9 million monthly users. Those individuals averaged using the app 116 times per month, according to company figures.

He estimated the potential of the annual gross revenue for Canadian online gaming between US $3.8 billion and US $5.4 billion.

In the US, company executives said at least 50 percent of theScore Bet users were also using theScore sports media app. The media also gives users the opportunity to place wagers on games, which may increase growth in in-game betting.

Levy Hopes to Score US Stock Listing

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Last month, Score Media closed on an equity deal that brought in CAD 46 million (US $36.1 million) for nearly 32.9 million shares of stock. Among the uses the company plans for the proceeds include additional rollouts of theScore Bet in the US and Canada. Company officials may also use some of that money toward user acquisition.

In September, the company earned a listing on the Toronto Stock Exchange, moving away from the more speculative Toronto Venture Exchange. The Toronto market is Canada’s largest and the eighth biggest in the world. That said, Score Media (TSE:SCR) executives announced they’re contemplating a listing on an American exchange.

“We believe the potential benefits for theScore, and our investor base, may include a significantly larger pool of capital, greater average daily trading volume, exposure to a larger number of U.S. retail and institutional investors, and a potential increase in market valuation,” John Levy told analysts.

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The company will hold its annual meeting with stockholders virtually on Sept. 10. At that time, the company will ask shareholders to allow Score Media’s board to initiate a stock consolidation. John Levy said that move is in conjunction with a potential US listing.