How to bet with Bitcoin at Ontario sportsbooks

By Jacob Peter | ⏲️ Reading time: 9 minutes

Bitcoin was the first cryptocurrency, and it’s still the most recognized and valuable in the world. But can you use it to bet online in Ontario? In this guide, we’ll explain everything you need to know about Bitcoin betting, including which licensed sportsbooks accept it and how to use it safely.

List of the best bookmakers with Bitcoin in Ontario 2025

Rank Bookmaker Rating Bonus Get bonus
1
4.8/5
Enhanced odds & Quick Bet
19+ Gambling can be addictive. Play responsibly.
Read review
2
4.6/5
Quick bet & Bet builder
19+ Gambling can be addictive. Play responsibly.
Read review
3
4.9/5
Enhanced odds & Cash Out
19+ Gambling can be addictive. Play responsibly.
Read review
4
4.8/5
Betmaker & Cashout
19+ Gambling can be addictive. Play responsibly.
Read review
5
4.8/5
Cashout & Bet Builder
19+ Gambling can be addictive. Play responsibly.
Read review
6
4.9/5
Streaming service & Cashout
19+ Gambling can be addictive. Play responsibly.
Read review
7
4.6/5
Cash Out & BetBuilder
19+ Gambling can be addictive. Play responsibly.
Read review
8
4.6/5
Cashout & Parlay Boost
19+ Gambling can be addictive. Play responsibly.
Read review
9
4.5/5
Competitive odds & Mobile app
19+ Gambling can be addictive. Play responsibly.
Read review
10
4.4/5
Bet Builder & Betslip
19+ Gambling can be addictive. Play responsibly.
Read review
11
4.8/5
Bet Builder & Cash out
19+ Gambling can be addictive. Play responsibly.
Read review
12
4.9/5
Streaming & real-time statistics
19+ Gambling can be addictive. Play responsibly.
Read review
13
4.9/5
Bet Builder & Edit Bets
19+ Gambling can be addictive. Play responsibly.
Read review
14
4.5/5
Live Streaming & Cashout
19+ Gambling can be addictive. Play responsibly.
Read review
15
4.9/5
Boost & Enhanced odds
19+ Gambling can be addictive. Play responsibly.
Read review
Table of Contents

Best betting sites with Bitcoin

Betting at bookmakers with Bitcoin

As we already mentioned, Bitcoin was the first cryptocurrency to appear. It was created in 2009 when an unknown entity made the publication under the pseudonym of Satoshi Nakamoto. Since then its capitalization has risen to break the $100,000 barrier. Today, billions of dollars are moved globally thanks to Bitcoin.

📅 Founded in2009
🏢 HeadquartersDoes not have
👨🏻‍💼 CEOSatoshi Nakamoto
🌎 Active countries+190 countries
💵 Amount of bitcoin21.000.000
🍁 Bitcoin users+420 million

The best bitcoin betting sites in Ontario 2025

Bitcoin is not only here to stay, but today it is one of the most relevant currencies in the economy. Sports betting bookmakers know this and for that reason they have incorporated it among their deposit and withdrawal methods.

Below, we are going to present the best bookmakers that operate with Bitcoin and licensed by the Alcohol and Gaming Commission of Ontario (AGCO):

 

Rivalry

Rivalry Homepage CanadaHomepage Rivalry

Rivalry is one of the leading bookmakers in Bitcoin payment processing. Here you will not only be safe, but you will also be able to process immediate deposits and withdrawals with no more than 30 minutes. And best of all, you can bet with Bitcoin on the main sports in Canada: soccer, basketball, motorsports, ice hockey and tennis. Oh, and we can't forget their Esports section, which is one of the best in the market.

Rivalry betting site
🌐 Websitehttps://rivalry.ca/
⚽️ Sports +40
💳 Payment methodsCredit and debit card, digital wallets, Interac, bank transfer and cryptocurrencies
💵 Minimum Bitcoin deposit$20
💸 Minimum Bitcoin withdrawal $60
Pluses
  • Elegant and easy to use interface
  • Includes all major Esports events
  • Includes Asian handicap among its markets
Minuses
  • Few responsible gaming tools

 

TonyBet

Tonybet Homepage CanadaTonybet Homepage

Like Bitcoin, TonyBet was also born in 2009. Since then, the site has established itself as one of the best in the industry, incorporating more and more reliable and fast payment methods like Bitcoin every day. The interface also stands out for its wide variety of markets (more than 500 in its main events) and its multiple betting tools.

TonyBet betting site
🌐 Websitehttps://tonybet.ca/
⚽️ Sports +35
💳 Payment methodsCredit and debit card, digital wallets, Interac, bank transfer and cryptocurrencies
💵 Minimum Bitcoin deposit $20
💸 Minimum Bitcoin withdrawal $50
Pluses
  • Includes cashout
  • Rich casino section
  • Rates on par with its competitors
Minuses
  • Streaming service could be improved

 

Power Play

Powerplay Canada HomepagePowerplay Canada Homepage

With more than 25 sports and just over 100 markets in its main events, this bookmaker has not stopped attracting users since 2023, when it received the ACGO license. And if you add to that the fact that it supports Bitcoin for deposit and withdrawal, it's a plus for those who want quick and hassle-free withdrawals.

Power Play betting site
🌐 Websitehttps://www.powerplay.com
⚽️ Sports +25
💳 Payment methodsCredit and debit card, digital wallets, Interac, bank transfer and cryptocurrencies
💵 Minimum Bitcoin deposit $20
💸 Minimum Bitcoin withdrawal $60
Pluses
  • 24/7 live chat
  • Fast withdrawals
  • Reliable and secure betting site
Minuses
  • No mobile app for iPhone and Android

 

TitanPlay

Titanplay Canada HomepageTitanplay Canada Homepage

With this platform you won't have to worry about your financial and personal data, because this site is one of the most secure, thanks to a 128-bit SSL encryption layer that shields its website, as well as an identity verification. And if that wasn't enough, cryptocurrency withdrawals are processed in 30 minutes maximum. Great, isn't it?

TitanPlay betting site
🌐 Websitehttps://titanplay.net
⚽️ Sports +30
💳 Payment methodsCredit and debit card, digital wallets, Interac, bank transfer and cryptocurrencies
💵 Minimum Bitcoin deposit $20
💸 Minimum Bitcoin withdrawal $60
Pluses
  • Customer support in English and French
  • Fast betting available
  • Competitive odds
Minuses
  • Odds are not updated quickly

How we rate Bitcoin bookmakers

Your security is very important to us, so we wasted no time in listing some factors you should take into account when choosing a Bitcoin bookmaker:

  • Legitimacy and security: this point is key, as you don't want to run into an unlicensed bookmaker or one with few security measures. We recommend you find out if the website is shielded with SSL encryption and identity verification. Oh, and don't forget that it should be monitored by the ACGO.
  • Find out if they accept cryptocurrencies: Of course, you must make sure that the site you choose accepts Bitcoin; otherwise, the first point will have been useless. If you can't find the information on the website, you can check with customer service.
  • Commissions: Generally, Bitcoin transactions do not charge commissions. Ontario bookmakers do not usually do so either. However, it does not hurt to do some research on the matter before making any payment.
  • Sports betting: This one is no less important than the rest we list here. And is that if the bookmaker you intend to choose does not have a wide variety of markets and competitive odds, it will be useless to bet with Bitcoin.

The best cryptocurrency bookmakers by category

It's time to choose the best bookmaker in each of the categories that we believe are important within the industry:

🥇Best bookmaker with BitcoinRivalry
💸 Best site with fast withdrawalsTonyBet
💰 The best site with high payoutsPower Play
💳 Minimum deposit$20
🏧 Withdrawal limits$50.000
⌛ Average payment speedBetween 10 and 30 minutes

How to use Bitcoin in Ontario

In case you didn't know, Bitcoin and other valuable cryptocurrencies are regulated by the Ontario Security Commission, so you shouldn't be afraid to gamble with this digital currency. Just make sure that the bookmaker you choose complies with the regulations set by Canada.

With this in mind, we will teach you how to use Bitcoin:

  • Step 1

    Register an account with a trusted Canadian exchange (it can be Coinbase).

  • Step 2

    Verify your identity (support will ask for an identity document)

  • Step 3

    Choose an amount to top up your account

  • Step 4

    Buy Bitcoin

  • Step 5

    Once the payment is processed, you will be able to store them.

How to make a deposit using Bitcoin

Deposit with Bitcoin in a few minutes by following these steps:

  1. Log in and click on "Deposit".
  2. Select Bitcoin as your payment method
  3. Get the network address of the bookmaker
  4. Go to your exchange and process the payment with that network address
  5. Wait for the confirmation and you are done

How to make a withdrawal with Bitcoin

Withdrawals are fast, but first you need to complete a few steps:

  1. Log in to your account and click on "Withdraw".
  2. Select Bitcoin as your withdrawal option
  3. Enter the amount you wish to withdraw
  4. Confirm all details before proceeding
  5. You will get your money in no more than half an hour.
Don't forget to approve the identity verification or you will not be able to withdraw. This security measure is convenient to avoid fraud and identity theft.

Deposit and withdrawal rules

The best bookmakers in Ontario are not only ACGO licensed, but they also care about the safety of their users. They are required to comply with various laws, but they must also ensure that their users do the same, and that includes deposit and withdrawal limits:

Betting houseMinimum depositMaximum depositMinimum withdrawalMaximum withdrawal
Rivalry$20$60.000$60$250.000
TonyBet$20$45.000$50$150.000
Power Play$20$70.000$60$150.000
Titan Play$20$55.000$60$150.000
If there is something about a bookmaker's payment methods that is not clear to you, don't worry, you can ask for advice. Never, but never, make a deposit without fully understanding the deposit and withdrawal regulations, as you could be blocked by the operator and, in the worst case scenario, lose your winnings.
Betting houseDeposit timeWithdrawal time
RivalryImmediateBetween 10-30 minutes
TonyBetImmediateWithin 10-30 minutes
Power PlayImmediateBetween 10-30 minutes
Titan PlayImmediateWithin 10-30 minutes

Pros and cons of cryptocurrencies in gambling

Let's go through the pros and cons of using cryptocurrencies for betting on Ontario betting sites:

Pluses
  • Anonymity in transactions
  • Immediate withdrawals
  • No commissions to pay
  • Access from anywhere in the world
Minuses
  • Price volatility
  • Not backed by any agency

Bitcoin for betting bonuses

There are bookmakers like Rivalry that offer some bonuses and promotions with Bitcoin, but it's not that common. Mind you, unlike Skrill, Bitcoin is accepted for most welcome bonuses.

Alternative payment methods in Ontario

But deposit and withdrawal methods are not only limited to Bitcoin; there are also other payment methods worth noting:

 

Credit and debit cards

At most Ontario bookmakers, credit/debit cards are the most popular payment method. Topping up the gambling account is instant, while withdrawal takes about three business days and usually involves no . The minimum amount that can be withdrawn with credit/debit cards is usually quite low.

 

Paysafecard

Secure, reliable and without the need for a bank account, gambling with Paysafecard is another widely accepted solution that protects your financial information. Designed specifically for casinos and sportsbooks, Paysafecard allows bettors to limit their spending to a certain amount using only the card's prepaid funds.

 

PayPal

With over 200 million global users and 29 million merchant accounts, PayPal has become one of the best payment alternatives, if not the best, to a traditional bank account. Originally created for online purchases through eBay, PayPal was founded in 2000 and has expanded its global reach thanks to decades of industry experience.

 

Skrill

Skrill is another brand of the Paysafe conglomerate, known for its fast transactions. Those who use Skrill regularly can benefit from its loyalty program and receive exclusive offers from casinos and sportsbooks.

 

Interac

Most people associate Interac with debit, as it is the most widely used debit card payment system in Canada. However, when a bookmaker says it accepts Interac, it can mean several things: wire transfers, debit cards or instant bank transfers.

 

Bank transfer

Wire transfers take longer to process, as you will need to act as an intermediary between your bank and the bookmaker. Once processed, it can take 3-5 business days for the payment to reach your gaming account and vice versa. This method also carries high commissions.

BookmakersAdvantagesDisadvantages
Visa /Mastercard✔️Accepted at almost all bookmakers
✔️Immediate payments		❌ May charge commissions
Paysafecard✔️Ideal for fixed budgets
✔️One-time PIN		❌Few betting sites for withdrawals
Paypal✔️High levels of security
  ✔️Fast transactions		❌ High commissions
Skrill✔️High acceptance
✔️Spending control		❌ No bonus activation
Bank transfers✔️Strict security measures
✔️Most accepted withdrawal method		❌ Withdrawals can take days
Interac✔️The most popular payment option in Canada
✔️Compatible with all Canadian banks		❌Does not work with international banks

More information about the Bitcoin company

Bitcoin is a digital currency that does not depend on any government or bank; it is fully decentralized. It is based on a technology called blockchain, which is like a public registry where all transactions are securely stored. Unlike traditional money, Bitcoin has a limited supply; only 21 million BTC will exist, which makes it attractive as a store of value. It is known for its volatility, but more and more people are using it to make purchases or as an investment.

 

Bitcoin: Ontario contact details

Address:None
Phone:None
E-mail:None
Social networks:Facebook, Instagram, X

FAQ. Frequently Asked Questions

  • Is it legal to place sports bets with Bitcoin in Ontario?

    It is legal as long as the bookmaker supports Bitcoin as a payment method. Remember to bet on ACGO licensed sites with a good reputation in the industry.

  • How do I deposit and withdraw Bitcoin at a sportsbook?

    You just need to enter the betting site, decide whether you want to deposit or withdraw, enter the amount and confirm the transaction.

  • What are the major advantages of betting with Bitcoin?

    Among the biggest advantages of Bitcoin are the anonymity and the speed with which transactions are processed. In addition, they do not charge commissions.

  • Is Bitcoin the safest cryptocurrency for online gambling?

    It is not only the safest cryptocurrency, but also the most recognized and valuable worldwide. It is also the most accepted by bookmakers.

Author
Jacob Peter - iGaming Content Writer
iGaming Content Writer
With extensive experience in sports betting and iGaming, he provides in-depth reviews, strategic guides, and expert analysis designed to help readers navigate the betting market. His deep understanding of sportsbooks and betting strategies makes him a trusted voice for anyone looking to improve their betting decisions.
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