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 Site
SportsInteraction.com (see full Sports Interaction review) – Ranked first because of the large following of MMA bettors due to large amount of fights offered, betting options and great odds. Every Canadian betting MMA should have an account with Sports Interaction. They are the best of the best and a household name. You’ve probably seen their ads in the Globe and Mail, Toronto Sun or on the sidelines at a Hamilton Ticats game. With Sports Interaction your money is safe and you will have a great betting experience.
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, 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.
The most popular deposit options for Canadian bettors are credit cards or a form of etransfers. We have found that Sports Interaction has the best options when it comes to depositing and withdrawing. VISA and Mastercard are easy to use and other options include: InstaDebit, iDebit, Instant Banking and eCheck. While deposits are always free to process, Sports Interaction offers free or reduced fee withdrawals for your first withdrawal each month.
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 Sports Interaction, 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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