Canada MMA Betting Guide
Canada is already one of the best markets for UFC betting, and over the last few years it has only continued to grow. Unlike the United States, Canada’s legal landscape is very friendly to anyone looking to wager on UFC, and the number of options available expands every year.
Top Canadian Betting Sites
- SportsInteraction.com (see full SI review) – Ranked first because of the large following of MMA bettors due to large amount of fights offered and low odds.
- Bodog.ca (see full Bodog review) – The always popular Bodog always makes our top bookmakers for customers outside of the US. Lots of different prop options at Bodog but the odds could be better. Still a great site.
Which Sportsbook Should You Choose?
Canadian MMA bettors have a variety of solid options when it comes to choosing a sportsbook. The first thing to remember is to always choose a licensed sportsbook. Not every sportsbook will be licensed in Canada, but it is important to choose one that is licensed somewhere.
Another helpful tip is to always shop around for the best odds on any given wager. With a number of reputable sportsbooks to choose from, there’s no reason to pick just one. Always examine your options and make sure you’re picking the site with the most favorable odds for your wager.
Most of the sportsbooks in Canada will accept bets made in both United States Dollars and Canadian Dollars, which means you have the freedom to bet using whatever type of currency you are most familiar with. In addition to UFC betting, you’ll generally be able to place bets on Bellator (link to Bellator page), NFL and CFL football, and NHL hockey.
Withdrawals & Deposits
Most sportsbooks will allow you to make deposits using either your credit card, your debit card, or an e-Wallet. Unlike the United States, where payouts can take up to a week or even longer, most payouts from Canadian sportsbooks take less than 24 hours.
While debit and credit deposits are safe and reliable, the associated fees can definitely cut into your profits. That’s why we recommend that anyone betting on UFC at a Canadian sportsbook use an e-Wallet such as Skrill.com, Neteller.com, or InstaDebit.com. Skrill and Neteller are both widely-used e-Wallet programs with minimal fees that allow deposits and withdrawals directly from your account. With InstaDebit, you can use your own debit card without giving any of your sensitive banking information to a sportsbook.
Regardless of which method you choose, your deposits will almost always be instant and most withdrawals should be processed within 24 hours.
Is it Legal to Bet on UFC in Canada?
In Canada, it is 100% legal to place a bet at an online sportsbooks. While it is technically illegal to run a sportsbook, individual bettors have nothing to fear when betting on UFC, MMA, or any of their other favorite sports.
Canada’s various provincial governments run their own sportsbooks that are available in casinos, corner stores, and other locations. Generally, though, these books offer terrible odds and tiny payouts, making online betting your best option.
One concern many bettors have is whether or not their winnings will be heavily taxed. In Canada, sports gamblers only have to pay taxes on their winnings if they are considered “professional gamblers”. Put simply, if you have no other source of income, then you will need to pay taxes on your winnings. Anyone with a job, though, will be able to enjoy their winnings tax-free.
Are There Other Ways To Make Money Betting on UFC?
While Canadians have access to the full range of online sportsbooks, including top choice BET365, you can also try your hand at an exciting new way to bet on UFC called Fantasy Betting. Led by sites like DRAFTKINGS and FANDUEL, Fantasy Betting is a mix of traditional wagers with single-day “fantasy sports” style games. For a full breakdown please view our top right navigation on sites that offer it.
Author: Rory Aldo
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