Best cryptocurrency betting sites in Ontario

By Andrew Heaford | ⏲️ Reading time: 11 minutes

Every day there are more and more bookmakers incorporating cryptocurrencies in their payment methods. This digital currency has become a relevant alternative for bettors, especially for younger ones. But which are the best bookmakers with cryptocurrencies in Ontario? Find out here.

List of the best cryptocurrency bookmakers in Ontario 2025

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

Best bettingsites with Crypto

Which bookmakers accept which cryptocurrencies in Ontario?

Betting houseBTCETHUSDTOther cryptocurrencies
Rivalry✅✅✅✅
TonyBet✅✅✅✅
Power Play✅✅✅✅
Titan Play✅✅✅✅

The best cryptocurrency betting sites in Ontario 2025

Let's get to what you have been waiting for. Not only will you learn about the bookmakers that offer cryptocurrencies, but you will have access to valuable information that will allow you to take note of the pros and cons of each of these operators. Plus, each of them is licensed by the Alcohol and Gaming Commission of Ontario (AGCO), so there are no excuses:

 

Rivalry

Rivalry Homepage CanadaHomepage Rivalry

Although there are options for fans of all sports, Rivalry specializes in two things: Esports and cryptocurrency payments. You will find multiple markets for Dota 2, Counter Strike, League of Legends, Mobile Legends, among others. The site is one of the few that specializes in cryptocurrencies. You can make deposits and withdrawals in a short time and without paying commissions.

Rivalry betting site
🌐 Websitehttps://rivalry.ca/ .ca
⚽️ Sports +40
💳 Payment methodsCredit and debit card, digital wallets, Interac, bank transfer and cryptocurrencies
💵 Minimum deposit$10
💸 Minimum withdrawal$10
Pluses
  • Wide variety of markets
  • Multiple betting tools
  • Attractive and modern design
Minuses
  • No downloadable mobile application

 

TonyBet

Tonybet Homepage CanadaTonybet Homepage

In addition to conventional payment methods, TonyBet also allows its users to deposit and withdraw with cryptocurrencies. This smart move has allowed it to gain ground in the iGaming world. But that's not all, the site also offers a wide variety of sports, multiple markets and competitive odds, especially if you prefer live betting.

TonyBet betting site
🌐 Websitehttps://tonybet.ca/
⚽️ Sports +35
💳 Payment methodsCredit and debit card, digital wallets, Interac, bank transfer and cryptocurrencies
💵 Minimum deposit $15
💸 Minimum withdrawal $20
Pluses
  • Competitive fees
  • Luxury live betting
  • Mobile application available
Minuses
  • Live streaming limited to some sports

 

Power Play

Powerplay Canada HomepagePowerplay Canada Homepage

Power Play is a site that only received ACGO license in 2023, but in a short time it has gained popularity among Ontario bettors. The reason? It is clear that its sports betting offer is attractive, with more than 100 markets on the most relevant events and the most popular sports in Canada: soccer, basketball, ice hockey, motorsports, tennis, among others.

Power Play betting site
🌐 Websitehttps://www.powerplay.com
⚽️ Sports +25
💳 Payment methodsCredit and debit card, digital wallets, Interac, bank transfer and cryptocurrencies
💵 Minimum deposit $10
💸 Minimum withdrawal $10
Pluses
  • Live chat 24/7
  • 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 deposit $10
💸 Minimum withdrawal $20
Pluses
  • Live chat 24/7
  • Excellent betting tools
  • Live broadcasting
Minuses
  • Responsible gaming with few tools

How we rate cryptocurrency bookmakers?

When choosing a bookmaker, several factors must be taken into account. Let's see what, specifically, are the criteria for choosing the right bookmaker.

  • Legitimacy and security: Make sure you find reputable bookmakers. We recommend reading user opinions on specialized review websites. Also check for ACGO license, SSL encryption and identity verification.
  • Find out if they accept cryptocurrencies: Usually, bookmakers display their payment options at the bottom of the website. If not, you can ask the support team if you can deposit and withdraw with cryptocurrencies.
  • Commissions: Be sure to confirm whether or not the bookmaker you want to choose charges commissions. Most do not, and neither do cryptocurrency transactions.
  • Sports betting: Last but not least, select a bookmaker with a wide variety of sports, markets, competitive odds and advanced betting tools.

Best cryptocurrency bookmakers by category

Below is an informative table with the best cryptocurrency sportsbooks, by category:

🥇Best cryptocurrency bookmakersRivalry
💸 The best site with fast withdrawalsTonyBet
💰 The best site with high payoutsPower Play
💳 Minimum deposit$10
🏧 Withdrawal limits$300.000
⌛ Average payment speedBetween 10 and 30 minute

How to use cryptocurrencies in Ontario

Before delving into the details, you should know that cryptocurrency trading is regulated in Canada, by province. In the case of Ontario, it is the Ontario Security Commission who is in charge of this.

That being said, we will explain step by step how to use cryptocurrencies in Ontario:

  • Step 1

    Choose a reliable Canadian exchange (Bitbuy, NDAX or Coinbase).

  • Step 2

    Register and verify your identity

  • Step 3

    Deposit funds into your account

  • Step 4

    Buy your cryptocurrencies

  • Step 5

    Store your cryptocurrencies in your wallet

  • Step 6

    Be aware of regulations and limits

On this last point, you should consider that, according to the regulations in Ontario, there are annual limits of $30,000 for some cryptocurrencies, but not for Bitcoin, Ethereum, Bitcoin Cash, among others.

How to make an income using cryptocurrencies

Follow these steps and you will be able to make cryptocurrency deposits in a few minutes:

  1. Log in to your game account by clicking on "Login".
  2. In "My Account" click on "Deposit".
  3. Choose the cryptocurrencies option as your recharge method
  4. Select the desired amount to charge (the minimum amount depends on the bookmaker).
  5. Confirm the operation by clicking on "Recharge my Account".

How to make a withdrawal with cryptocurrencies

Withdrawals with cryptocurrencies are almost immediate. Here we tell you how to make them:

  1. Access your game account by clicking on "Login".
  2. Then click on the "Remove" button located on the right side of the screen.
  3. Select the type of cryptocurrency you wish to withdraw.
  4. Confirm the withdrawal; wait 10 to 30 minutes to complete the transaction.
Please note that you will not be able to withdraw your money if you do not pass the KYC (identity verification) process. This security measure is used to ensure financial transparency and prevent identity theft.

Deposit and withdrawal rules

As already mentioned, cryptocurrencies are regulated in Ontario. Licensed bookmakers must ensure compliance with gambling rules; they could be fined or, in the worst case, lose their ACGO permit. These are the deposit and withdrawal limits at the best bookmakers in Ontario:

Betting houseMinimum depositMaximum depositMinimum withdrawalMaximum withdrawal
Rivalry$10$60.000$20$250.000
TonyBet$15$45.000$10$150.000
Power Play$10$70.000$10$150.000
Titan Play$10$55.000$10$150.000
We recommend you to read the terms and conditions imposed by the Ontario bookmakers, especially on deposits and withdrawals. Although, these processes are immediate for deposits.
Betting houseDeposit timeWithdrawal time
RivalryImmediateBetween 10-30 minutes
TonyBetImmediateBetween 10-30 minutes
Power PlayImmediateBetween 10-30 minutes
Titan PlayImmediateBetween 10-30 minutes

Withdrawals are also very fast; in fact, they take no more than 30 minutes on average. This factor far outperforms other payment methods, such as e-wallets.

Pros and cons of cryptocurrencies in gambling

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

Pluses
  • Quick collections
  • Anonymity
  • No commissions
  • Wide variety of cryptocurrencies
Minuses
  • Currency instability
  • Unregulated in most countries

Cryptocurrencies for betting bonuses

There are welcome bonuses or promotions for registered customers that can be activated with the payment of cryptocurrencies, but you should investigate on the website or consult with the customer service team. They can advise you and provide you with the necessary information.

Alternative payment methods in Ontario

Besides cryptocurrencies, there are other very reliable payment methods at the best bookmakers in Ontario. Would you like to learn about them? Well, here we go:

 

Credit and debit cards

For iGaming operators, allowing payments with debit and credit cards, such as Visa, Mastercard and American Express, is essential. In addition to being universally recognized and trusted payment methods, they offer instant deposit functionality. However, there may be limitations on the transferable amounts and possible delays in withdrawals.

 

Paysafecard

Paysafecard is a prepaid payment method that allows users to make online payments without a bank account or credit card. All that is needed is a 16-digit PIN, which can be purchased at specific points of sale.

 

PayPal

PayPal is undoubtedly an excellent choice, as it is a globally recognized e-wallet that can significantly improve the accessibility and reliability of bookmakers. The site, in fact, acts as an intermediary between the gaming portal and the users' bank accounts, allowing fast and secure transactions.

 

Skrill

Integrating Skrill into an iGaming platform allows you to enjoy a number of significant advantages. This e-wallet guarantees secure and fast transactions. You can transfer money directly from bank accounts, credit cards or Skrill funds, but it charges a fee.

 

Interac

It is one of the most popular and widely used payment methods in Canada. Its advantage is that you can send and receive money directly between bank accounts using just an email or phone number. It's amazing because you don't need to share your bank details, which makes it a fast and secure option.

 

Bank transfer

Sometimes bookmakers allow payments by bank transfer or EFT, although the latter are more common. However, not all banks usually partner with betting sites, so your options may be limited if you try to pay with this option. You will also need to complete the requested details when making a deposit, and withdrawals usually have a waiting time.

BookmakersAdvantagesDisadvantages
Visa /Mastercard✔️No problem
✔️No need to download any software		❌ May incur administrative costs (2.5%)
❌ Slow withdrawals
Paypal✔️Maximum safety and professionalism
✔️Excellent customer service
✔️Accepted by all betting sites
✔️Deposits and withdrawals are lightning fast		❌ It takes 2 to 3 business days to transfer the withdrawn money from your Paypal account to the linked card.
Skrill✔️Fast payments
✔️Maximum safety
✔️You do not need to provide your bank details to the bookmaker		❌ Some betting sites do not consider a Skrill deposit to be valid for their betting bonuses
Paysafecard✔️Secure and fast payments
✔️It is not necessary to specify personal data
✔️Your bank is not informed about payments made through Paysafecard		❌Withdrawals cannot be made
Bank transfers✔️Insurance
✔️Often without administrative costs
✔️No need to download any software		❌ Long wait for a retreat
Interac✔️The most popular payment option in Canada
✔️Compatible with all Canadian banks		❌Does not work with international banks

Recommended cryptocurrencies to bet on

It is no secret that there are a huge number of cryptocurrencies. However, it is our job to list the most reliable, recognized and popular in the iGaming sector:

  • Bitcoin: It is the most widely used currency in the gambling world and one of the most widely accepted. Its current capitalization exceeds 600 billion dollars. Some bookmakers offer special promotions on bitcoin to attract more fans to this virtual currency.
  • Ethereum: This particular cryptocurrency is very popular because it allows secure and convenient transactions. Many gamblers prefer the low volatility of Ethereum to other cryptocurrencies.
  • Litecoin: Litecoin has become an alternative currency used by many players for gambling and betting. Like Bitcoin, Litecoin also requires a wallet to use it. One advantage of this currency is the speed of its services.
  • Bitcoin Cash: It is a currency derived directly from the classic Bitcoin, but with a different algorithm that works both as a cryptocurrency and as a payment network.
  • Dogecoin: The creators of this coin aimed to create a currency accessible to everyone. Originally, this cryptocurrency was born as a kind of joke based on a meme. The initial intention was to satirize Bitcoin, which was instead gaining more and more popularity.
  • Tether: It is known as a "stablecoin" because its value is stably pegged to the US dollar, usually maintained at a ratio of 1 USDT = 1 USD. It was created by Tether Limited with the aim of offering a digital alternative to the dollar that combines the stability of fiat currencies with the efficiency of cryptocurrencies.
  • Ripple (XRP): This cryptocurrency is a payment network designed to facilitate fast, secure and low-cost international transfers. Unlike many cryptocurrencies, XRP does not use traditional mining; its transactions are confirmed through consensus among trusted nodes.

 

Cryptocurrency terminology

We know that the world of cryptocurrencies is complicated, so we are going to provide you with key cryptocurrency terminology so that you can avoid confusion or mistakes during transactions:

  • Altcoins: All cryptocurrencies that are not Bitcoin. The name comes from "alternative coins". Examples: Ethereum, Litecoin, Cardano.
  • Blockchain: It is like a digital ledger that records all transactions. It is made up of blocks connected to each other and is decentralized, which makes it very secure and, at the same time, difficult to counterfeit.
  • Cryptocurrency wallet: An application or device where you can store, send or receive cryptocurrencies. There are digital wallets (apps) and physical wallets (such as special USBs).
  • Cryptoexchange: An online platform where you can buy, sell or exchange cryptocurrencies for traditional money (such as dollars or euros) or other cryptocurrencies, such as Binance and Coinbase.

 

Security tips for crypto-betting

Gambling with cryptocurrencies is exciting, but you need to do it responsibly. Here are some useful tips on how to do it safely.

 

Choose licensed and reputable bookmakers

First of all, choose reliable and licensed sites. Before placing a bet, make sure that the bookmaker is regulated and has an ACGO license. 

 

Protect your cryptocurrency wallet

After opening a digital wallet, be sure to protect your funds with two-step authentication and private keys.

 

Beware of scams

All kinds of encryption are a coveted jackpot for scammers. Be wary of too-good-to-be-true offers and stay safe by always verifying the authenticity of the people and websites you are interacting with.

 

Understanding cryptocurrency volatility

Cryptos are known for their high volatility. Don't panic or get carried away by euphoria. Only bet what you are willing to lose.

 

Practice responsible gambling

Don't get carried away. Remember, only bet what you stand to lose. Play responsibly, set limits on how much money you are willing to risk and stick to them. Avoid making decisions based on impulse or emotion.

 

Keep software up to date

Make sure your device and applications are always up to date with the latest security updates.

FAQ. Frequently Asked Questions

  • Cryptocurrencies are regulated in Ontario, so you will have no problem betting with them at ACGO-licensed bookmakers.

  • As we already mentioned, there are a lot of cryptocurrencies, but the most widely accepted in bookmakers are Bitcoin, Ethereum, USDT and Ripple.

  • Just click on the "Deposit" or "Withdraw" button, choose the cryptocurrency, the amount you are going to bet with and confirm the transaction.

  • Unlike conventional methods, cryptocurrency transactions at bookmakers are anonymous and fast.

Author
Andrew Heaford
Content Writer and Researcher: "Do or do not, there is no try"
Article rating
5/5
1 vote