New Ontario Sportsbooks: Evaluating the New Kids on the Block
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The rising popularity of wagers means there are new sportsbooks in Ontario cropping up all the time. Ever since restrictive legislation was liberalised a few years ago to facilitate single event sports betting there's been a surge in interest.
In mid-2024, iGaming Ontario (iGO) released stats indicating the sector added $2.7bn to the province's GDP in 2023[1]. This marks a 70% rise on the previous year's figures and highlights just how dramatically the market is increasing in size. It's no wonder new sportsbooks are popping up.
But 'new' and 'good' are not necessarily the same thing. And that's why we're here to help, objectively reviewing the pros and cons of new Ontario betting sites. We do this as they appear to ensure good deals aren't missed, and dubious sites are flagged and put on notice for our readers.
Whether you love hockey or lacrosse, the major leagues of North America or European soccer leagues, or international sports like F1, tennis, MMA, or golf, the right sportsbooks can add a little extra spice.
See what our top picks for the newest Ontario sports betting sites are.
Top 10 New Sportsbooks Reviewed For Ontario
Since the AGCO opened up the iGaming market in 2022, new sportsbooks in Ontario are constantly popping up and here are 10 of the best for your consideration.
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Bet365 - Experienced Sportsbook Offering Early Cashouts
Bet365 got its AGCO license in 2022 but has been around since 2000, providing extensive experience in the sports market. In addition to the major Canadian leagues and a wide range of international sports, bettors can try their hand at novelty markets such as politics, and eSports are also on the menu. If a bet's looking good but you're feeling nervous then early cashouts are the way to go. And there's livestreaming of sports, which is always a nice bonus.
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BetMGM - Wide Array of Sporting Markets
With over 32 sporting categories, including international sports, major leagues and NCAAF, NCAAM, BetMGM has plenty for players to enjoy. In-play betting is ideal for those who like to bet live, while the politically inclined can bet on that market too. Parlay bets are available, for Canadians who like long shots.
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Sports Interaction - Live Betting, But Caps on Wins
Sports Interaction is another sportsbook in Ontario that features in-play betting and extra markets such as politics and entertainment. Popular markets such as MLB, CFL, and MLS sit alongside three dozen or so others, offering plenty of choice both domestic and international. Caps on winning include $250k over 24 hours and $20k on any single bet. Parlay and in-play betting are both available.
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PowerPlay - Early Cashout and In-Play Betting Available
PowerPlay presents sportsbook markets alongside casino games, and has a daily win limit of $20k. eSports are among the 27+ sports markets on offer, as are the MLB, lacrosse, and the novelty market of politics. In-play betting can be used to make new bets or hedge old ones as the action unfolds. Early cashout is a nice perk for those who want to make certain of a profit.
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888 - Parlay Betting Supported
888 Casino got its iGO license in 2022, but was originally founded back in 1997. In common with most sportsbooks, there are welcome offers for newcomers, and 31+ sporting categories to bet on, including, the MLB, GAA Football, politics, and esports. Deposits start at $10, and parlay bets are on the table.
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LeoVegas - Livestreaming and Broad Range of Stakes
LeoVegas offers numerous provincially popular markets and dozens more on which to bet. Players can take advantage of bonuses and in-play betting, and extra markets like TV awards and Nobel Prize winners. It's also one of the sportsbooks that provides livestreaming of sports. Stakes range from $0.10 to $50k.
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Casumo - Live Betting and Early Cashout, But $250k Daily Win Cap
Casumo received an AGCO license in 2022, and welcomes new players with an introductory promo, with in-play betting on the cards for those who like to bet live. There's also an early cashout option, and esports are among the dozens of supported markets. However, there's a daily win limit of $250k. As is common, odds can be in decimal, fractional, or American formats and altered to a player's preference.
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Betway - Flexible Betting Options
Betway offers more than three dozen domestic and international sports for Canada. These include popular Canada markets like the NHL, and novelty bets too. In-play betting, parlay bets, and early cashout are all available, presenting players with plenty of flexibility. eSports are also on the agenda, and the odds format can be altered (American, decimal, or fractional).
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ComeOn! - High Stakes Available, But Caps on Single Bet Wins
There are 40 sporting categories for betting at ComeOn!, including ice hockey, lacrosse, and Formula 1, and players with an eye for politics can make wagers on that too. Casino games and esports are available, and both in-play bets and high stakes are accessible, as are parlay bets. However, there's a €40k (approx CA$63.7k) cap on winnings for a single bet, and a €100k (approx CA$159k) cap for a combo bet.
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PointsBet - Lack of Live Betting, Daily Win Caps Vary by Sport
PointsBet welcomes new customers with a bonus, and players have 31 categories to bet on (including popular Canada options like baseball and hockey). However, there's an absence of in-play betting, and early cashout is possible but may be accepted or refused by the sportsbook. International sports and esports are available, and there are daily caps on winning (these vary by sport, NFL is $500k, the EPL is $300k etc). But the minimum deposit of $10 means this may be better-suited to smaller stakes players.
Are Sportsbooks Legal in Ontario?
Yes, the province's domestic betting market was opened in 2022 and, within it, sports betting is legal in the province. At the time of review, iGaming Ontario's list of approved Ontario gambling sites (including both sportsbooks and casinos) stands at 85 and over 30 of these are sportsbooks. Players can also bet in-person at OLG outlets, or using its ProLine+ app.
Sports to Bet on - Provincial, Major League, and International Markets
New Ontario sportsbooks are keen to provide players with both domestic and international markets. eSports are also often available. Hockey is the obvious top dog, being Canada's national sport and the NHL being a major league. Betting on the Toronto Maple Leafs or Ottawa Senators is very popular. The CFL is also often on the table, and while it's smaller than the NFL it does offer a Canadian-specific alternative. Naturally, the other major leagues are also popular and Blue Jays fans continue to dream of a return to World Series glory.
International sports are frequently accessible too, with top choices including leading European soccer leagues such as the EPL and Serie A, tennis, golf, and Formula 1. Many sites also offer novelty bets. These are commonly politics, TV awards/reality shows, and that sort of thing.
How We Rate New Ontario Sportsbooks - Range of Sports, Flexible Options, and Apps
There's plenty of choice when it comes to new Ontario sportsbooks, so it's important to have objective criteria for rating them. Here's how we do it.
- Range of Betting Markets - Even for players focused on a singular sport, it's not uncommon to occasionally place a bet elsewhere. And for serious bettors a broad range of markets is essential.
- Competitive Odds - While there tends not to be huge variance in betting odds, small differences really add up over time. Comparing 2 to 2.1 might seem minor, but this is the equivalent of a 10% rise in profits.
- Customer Support - Even the best sites have tech problems sometimes, and getting these resolved promptly is essential.
- Sports Betting App - In-play betting's nice and easy with a good mobile app, but a bit clunkier using a desktop. Plus, many players like to play on the go. You can read our reviews for the best Ontario betting apps for more information.
- Live Streaming - This is far from universal but a really nice feature of some sportsbooks is access to livestreams so you can watch in real time how a bet is going (and react, if need be).
- In-Play Betting - The drama of sport if why bettors love it, and it's also why in-play betting to hedge a bet or make a new one is a great option to have.
- Early Cashout - Sometimes it's better to take the profit early, if possible. When a title leader is likely to win and you want to make sure the bet's green, this is a nice feature to use.
Player Beware: Unregulated Sites and Addiction Potential
Last Updated: Sun. Aug 17, 2025
While the sports betting market in Ontario has generally been a success, it still leaves around 20% of sports betting happening outside the province. This may sound minor, but that 20% of betting is nowhere near as safe or secure as the 80% that's regulated by provincial authorities.
The legalisation of single event sports betting and rise of the Ontario market has also seen many warnings about the potential pitfalls for players[2]. The risk of addiction and bonuses incentivising registration are among the main concerns that go right back to 2022.
Pros/Cons of playing at New Ontario Sportsbooks - Local Sports/Regulation to Suit Ontario Players
Sports betting is a lot of fun but every jar of ointment has a fly or two. Here are some pros and cons of betting on sports.
- Many passionate sports fans know a sport inside out, and this can lead to insights that bookies miss, turning knowledge into profit.
- Betting at AGCO-licensed sportsbooks means players can have greater confidence of reliability, and recourse to a local regulator if anything does go wrong.
- Because they're located in the province, Ontario sportsbooks not only support CAD as a matter of course, they also have markets tailored to the most popular sports for local players.
- Unlike offshore sites, new Ontario sportsbooks have banking methods designed with Canadians in mind.
- The dramatic highs and lows of sports, and betting on them, can be pretty exhilarating, which can lead some players to develop bad betting habits. If you feel this is happening, make use of responsible gambling tools and advice immediately.
- Sports apps are very convenient, but that same accessibility can make it a distraction at work. Even if not addictive, having a sportsbook in your pocket isn't always a good thing.
Ontario Teams and Sports Betting Partnerships
Ontario is home to some big sports teams, and many of these have partnerships with sports betting firms. We've listed them below.
- Toronto Blue Jays: MLB team associated with theScore Bet
- Toronto Argonauts: CFL team with partnerships with FanDuel, PointsBet, PokerStars
- Toronto FC: MLS team associated with FanDuel, PointsBet, PokerStars
- Toronto Maple Leafs: NHL team with partnerships with FanDuel, PointsBet, PokerStars
- Toronto Marlies: AHL team associated with FanDuel, PointsBet, PokerStars
- Toronto Raptors: NBA team with partnerships with FanDuel, PointsBet, PokerStars
If you support a Toronto team the odds are good you'll be seeing a betting sponsor somewhere.
Types of Sports Bets Offered At New Ontario Betting Sites
Players new to sports betting might find the different types of bets they can make a little overwhelming, so here's a quick rundown.
- Moneyline - this is the most straightforward and popular option, it's just picking who wins a game.
- Point Spread - this is also a bet on the winner but with an important difference: it gives one team a points boost and another a points deficit. If the game is very tight and you backed the losing team then this bet can actually become a winner.
- Totals - totals involve betting on the total number of points that are scored in a game, often in an under/over type market.
- Parlay - once the only way Canadians could bet on sports, parlay bets involve tying together multiple wagers into a single bet. These are long odds and so usually don't come off as every wager has to come good.
- Same-Game Parlay - just like a parlay bet but all the wagers involve a single game.
- Props - these don't involve the match winner at all, but cover more random things like a certain player scoring X points, or a specific number of yellow cards in a soccer match.
- Future Bets - futures live up to their name, and are most commonly associated with title bets (especially pre-season). The earlier you bet, the greater the uncertainty but also the potential profits.
- Live Bets - also known as in-play betting, these bets involve a match currently underway. The odds change rapidly, so you need to be on your toes.
Responsible Gambling - Stay Safe when Sports Betting
Sporting contests, and bets, are fun and exciting but it's vital to stay safe. When registering at a new Ontario sportsbook, make use of responsible gambling tools to set up limits on deposits, wagers, and losses to avoid getting carried away. And don't be afraid to take a break or even self-exclude if things are getting out of hand. There are third party organisations, like ConnexOntario, that can also help if betting becomes a problem.
Sources
- https://globalnews.ca/news/10575239/ontario-single-game-sports-betting-industry/ - globalnews.ca
- globalnews.ca - As single-sports betting arrives in Ontario, experts warn of pitfalls to avoid | Globalnews.ca
