Official language: English, French
Population: 33,529,000
Currency: Canadian Dollar (CAD)

Current Exchange Rate
1 EUR = 1.53655 CAD
1 GBP = 1.65287 CAD
1 USD = 1.04281 CAD

Sports Betting in Canada
In Canada, sports betting is not only legal, but it's very popular too. In fact, sportsbetting is offered and controlled by local provincial governments there. A system called Sport Select (it goes by other names in some areas) is in place that lets Canadians to legally bet on sports. Players buy paper tickets, much like lottery tickets, and fill them out with the desired results. As a result, Sport Select is one of the biggest sport betting networks in the world.

While the system is widespread, many Canadians have decided to play online instead, even though the Sport Select system is often easier. There are several reasons for this. Sport Select offers poor odds compared to online sportsbooks, and the overround is quite high, often exceeding 130%.

Online Sports Betting in Canada
Canadians look to the internet for alternatives; however, there are no Canadian internet sportsbooks actually hosted in the country, since the government does not give out online gambling licenses. Fortunately, many overseas online bookmakers accept Canadian players and offer wagers on Canadian sporting events.

The move to overseas online sportsbooks is made difficult by internet banking companies who, following the US's lead, have started blocking Canadians from using their systems. Still, there are several banking methods that accept users from Canada, and many internet sportsbooks for players to choose from.