Welcome to the Sports Betting Canadian’s deposit guide!
In this section I break down the various deposit methods available to Canadians. For each deposit method I will outline which of our top rated betting sites accept it, how it works and whether you can also withdraw winnings through that method.
Last updated: October 19th, 2026
Sports Betting Deposit Methods for Canadians
Click on the deposit method page links below for more information and to learn which deposit option will work best for you.
Popular Deposit Options
Interac – All Sportsbooks
This is a method that everyone with online banking in Canada should be familiar with. With Interac it’s as easy as logging into your bank account to fund and cash out your sportsbook account. It’s free at both Sports Interaction and Bet365, works in every province, and has become the most common way for Canadians to deposit and withdraw.
Visa – All Sportsbooks
Visa is one of the most popular ways for Canadians to deposit into their online betting account. That said, it can happen that your Visa payment is declined. It really depends on the bank you use and how the betting site has their payment processing set up. If this happens, a Visa debit card or a prepaid Visa gift card like the Joker Visa can help your deposit go through.
MasterCard – All Sportsbooks
MasterCard has a higher rate of successful deposits than Visa from my experience, but it can still happen that your payment is declined. If this happens I suggest purchasing a prepaid Vanilla MasterCard in order to help your deposit go through.
Apple Pay – All Sportsbooks
Apple Pay is one of the quickest ways to fund your betting account from your phone. Add your Visa, Mastercard or debit card to your Apple Wallet and you can deposit in a couple of taps at Sports Interaction and Bet365. Just note that Apple Pay is deposit-only, so you’ll need another method like Interac to cash out.
Google Pay – Bet365
Google Pay is the Android equivalent of Apple Pay. Add your debit card to your Google Wallet and you can deposit at Bet365 in a few taps, in every province. Like Apple Pay, it’s deposit-only, so you’ll need another method to cash out.
Other Deposit Options
American Express – Sports Interaction & Bet365
It wasn’t long ago that none of our top rated betting sites accepted American Express deposits. Now Sports Interaction accepts AmEx in Ontario and Alberta, and Bet365 accepts it at its Ontario site. AmEx is deposit-only at Sports Interaction, so you’ll need another method to withdraw.
PaySafeCard – Sports Interaction & Bet365
Paysafecard is a prepaid voucher you can buy at Canada Post offices, along with some convenience stores and gas stations. Load the voucher into a free paysafecard account and you can deposit without sharing any card or bank details. It’s available at both of our top rated sportsbooks for bettors in Ontario and Alberta.
Instant Bank Transfer – Sports Interaction
Instant Bank Transfer is similar to Interac in that you simply need to log in to your online banking through a third party provider and confirm the transfer. Sports Interaction offers it as ‘Online Banking by Trustly’ for bettors in Ontario and Alberta, and it’s an easy to use method for both deposits and withdrawals.
PayPal – Bet365
PayPal is the easiest e-wallet to use online, but it’s still only available to Ontario residents at our recommended sportsbooks. Bet365 accepts PayPal deposits and withdrawals at its Ontario site.
Wire Transfer – Bet365
If you don’t want to provide any banking or credit card information online, but would like to deposit a large sum, then the wire transfer method may be the way to go. Bet365 accepts wire transfer deposits outside Ontario and Alberta, and Sports Interaction offers bank wire for withdrawals.
iDebit
iDebit lets you transfer funds directly from your bank account, but it requires your Social Insurance Number and none of our recommended sportsbooks currently offer it. Check out our iDebit page for the best alternatives.
