Best Sportsbooks Canada - Online Sports Betting for Canadians

Are you having trouble making an online sportsbook deposit? Here are your options:)

 
Many Canadians sometimes have trouble making deposits to their online sports betting accounts either because their Visa or Mastercard was rejected, or they cannot decide on a payment method to use.  Well, below we have put together an up to date rundown on everything you need to know about making a online sportsbook deposit. 

Why won't my Visa or Mastercard work?

Some banks that issue Visa and Mastercards have decided to block transactions to online gaming companies, not all banks just some.  TD Bank for instance has decided not to process online sportsbook, casino or poker transactions.  Not all banks have this attitude, but some do.  If your transaction was declined this is the reason. 

What do I do next?  Choose an E-wallet

At this point you have a lot of options.  The best one is to choose a great e-wallet such as Moneybookers or Instadebit. E-wallets enable you to keep money online, similar to PayPal.  You can fund Moneybookers using your Visa or Mastercard instantly, even your blocked cards.  You can also fund your Moneybookers or Instadebit account using your personal chequing account.  Deposits may take up to three business days.  This works like an electronic cheque and is one of the most popular ways to deposit to sportsbooks among Canadian customers.

Learn more about Moneybookers 

Learn more about Instadebit 

Learn more about Click2Pay

Other Online Sportsbook Deposit Options

There are some other options available to Canadian customers.  For instance, those pre-paid Visa and Mastercard giftcards you see at Shoppers Drug Mart or Loblaws, those cards will work at online sportsbooks and can be a very convenient option.  Also, Entropay has started to gain popularity recently. Its a virtual pre-paid Visa card that you can purchase instantly online using a major credit card and use for sportsbook deposits.  

Learn more about Pre-paid Visa / Mastercard Options

Learn more about Entropay

Learn more about UKash (Canadian In Store Cash Deposits)

UseMyBank Sports Betting Deposit Method Review

Since many Canadians have trouble making sportsbook deposits using Visa cards, such as TD Visa and others, its become more popular for customers deposit money using electronic bank transfer services provided by companies like Moneybookers, Instadebit and UseMyBank also know as UseMyFunds.  UseMyBank has become more popular and is being accepted by more and more online sports betting sites each month.  UseMyBank is a Canadian company, and they were even featured on CBC's Dragons Den awhile back.  Essentially UseMyBank enables customers to send an electronic cheque from any of Canada's major banks.  No need to hold funds in an electronic wallet, simply deposit and withdrawal sportsbook funds to and from your account and let UseMyBank process the transactions seamlessly and free.  Learn more about UseMyBank

UKash Online Betting Deposit Method Comes to Canada

A very popular online sports betting deposit method has arrived in Canada called UKash  UKash started out in Europe as a very easy way for customers to make sports betting deposits online without having to use a major credit card.  Canadians can simply show up at a retailer who supports UKash transactions (mostly convenience stores across Canada) pay the retailer in cash or any preferred payment method, and receive a UKash ticket.  The ticket has a number that can be used to deposit to online sportsbooks to place wagers.  This is a great deposit method for people who would simply use cash for betting or keep their wagering habits on the down low:) Ukash has already opened over 15,000 retailers across Canada.  Find a location near you and View sportsbooks that accept UKash deposits

TD Visa Customers Switch to Instadebit for Online Sportsbook Depositing

TD Visa recently put out the word that they would be blocking all online gaming related transactions processed by their clients online.  TD would rather not process transactions for online poker rooms, casinos and sportsbooks without offering a reason why.  TD Canada Trust is one of Canada's largest financial institutions and its expected thousands of online sports betting customers will be affected by this.  Since 2001 many Visa and Master Card issuing banks have decided to take a stand against gambling by refusing to process online gaming transactions.  Companies such as Instadebit and Moneybookers have thrived by offering Canadians easy ways to fund their online sportsbook accounts using major credit cards or personal chequing accounts.  Instadebit has grown very large in the last two years as its a great alternative for customers who can't make a sportsbook deposit using their Visa or Master Card. Learn More about Instadebit

Depositing to Sportsbooks using Pre-Paid Visa and Mastercard Gift Cards

Many sports betting customers who have issues depositing with their bank issued Visa and Mastercards have turned to making their online sports betting deposits using Pre-Paid Visa and Mastercards, the same kinds you find at Wall Marts, Loblaws, Sobeys and other stores across Canada.  These cards do not get rejected at online sportsbooks because their are no issuing banks to block transactions, they come straight from the Visa and Mastercard companies.   These sorts of deposits also offer some privacy as far as not having any personal information attached and can be a safe options.   If your looking to really make it easy to deposit to online sportsbooks, we suggest a reputable e-wallet like Moneybookers or Instadebit 

Best Sportsbook Deposit Method - Instadebit Online Bank Transfer / Electronic Check

Instadebit Automatic Bank Transfer - Instadebit is a great new option for Canadians to make bank transfers to sportsbooks from their checking accounts.  Instadebit is safe, reliable and trusted and growing very quickly.  Instadebit focuses service specifically for Canadians.  Using your Instadebit account is easy.  Simply open a new account by visiting www.instadebit.com and varify your checking account.  This process only takes a few moments.   Simply enter the numbers from a void check and your set to go. Simply deposit and withdrawal funds to your instadebit account online.  When you have a balance in your Instadebit account, simply transfer money to and from online sportsbooks. As a participant in the Canadian banking system, Instadebit is in full compliance with the governing regulations. Best Sportsbooks Canada highly recommends this deposit option to our readers. 

View All Instadebit Sportsbooks

Best Online Sportsbook Deposit Method #2 - Moneybookers

Moneybookers is an electronic online wallet.  Its the number two recommended online wallet for Canadian sportsbook bettors.  Opening a Moneybookers account is simple and only takes five minutes.  You can fund a Moneybookers account using your MasterCard/Visa or personal bank account.  Moneybookers is a great work around for people who have trouble using a credit card to make a sportsbook deposit online. 

How does it work? - Simply fund your Moneybookers account using your credit card or bank account.  Your balance will be loaded into your Moneybookers account.  Then simply transfer funds to and from the sportsbook of your choice. 

Is this safe? - Moneybookers is a blue chip publicly traded company on the London Stock Exchange.  All personal information is encrypted and secure.  Customer support and service is 24/7 and very helpful.  BestSportsbooks.ca highly recommends Moneybookers to our readers. Visit Moneybookers 

View Moneybookers Sportsbooks

Best Sportsbook Deposit Method #3 - MasterCard / Visa

Master Card / Visa used to be the easiest and most common way to make a sportsbook deposit.  Every sportsbook accepts either credit card but depending on when your card was issued you may or may not have trouble completing a successful transaction. 

Back in 2001 some credit card issuers decided to block certain online transactions.  Generally most cards are accepted but if you find that your transaction is declined; its most likely the case that your credit card issuer won't process certain online transactions.  Note, this varies from sportsbook to sportsbook.  Your card may work on one and not on another. 

If you find it extremely difficult to make a deposit using your credit card, we strongly recommend moneybookers or click2pay.   

View All Credit Card Accepting Sportsbooks

Best Online Sportsbook Deposit Method #4 - Click2Pay

Click2Pay is an electronic online wallet.  Its the number four recommended wallet for online Canadian sports betting customers.  Opening a Click2Pay account is simple and only takes five minutes.  You can fund a Click2Pay account using your MasterCard/Visa or personal bank account.  Click2Pay is a great work around for people who have trouble using a credit card to make a sportsbook deposit online. 

How does it work? - Simply fund your Click2Pay account using your credit card or bank account.  Your balance will be loaded into your Click2Pay account.  Then simply transfer funds to and from the sportsbook of your choice. 

Is this safe? - Click2Pay has been in the online e-wallet business since the begining.  They have hundreds of thousands of clients and are very safe and secure. 

View All Click2Pay Sportsbooks